NUTEX Investments Cash Flow Statement

Financials in millions HUF. Fiscal year is January - December.

Millions HUF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	494.17	423.41	171.12	133.53	12.69
Depreciation & Amortization	0.32	0.1	0.14	0.18	0.34
Other Operating Activities	-88.38	-143.81	247.97	-73.88	-12.78
Change in Accounts Receivable	0.57	-0.57	-	-	-
Change in Accounts Payable	-0.13	-0.25	-1.84	1.13	0.38
Change in Unearned Revenue	3.57	1.8	-	-	-
Change in Other Net Operating Assets	-153.79	-402.76	-953.49	-1,239	-457.21
Operating Cash Flow	256.33	-122.08	-536.09	-1,178	-456.57
Capital Expenditures	-0.41	-0.17	-	-	-0.43
Other Investing Activities	88.38	78.18	-	-	-
Investing Cash Flow	87.98	78.01	-	-	-0.43
Issuance of Common Stock	0.5	-	-	-	1,550
Repurchase of Common Stock	-	-342	-	-	-
Other Financing Activities	3	140.55	-	-	-
Financing Cash Flow	3.5	-201.45	-	-	1,550
Foreign Exchange Rate Adjustments	-	-	-100.47	73.88	12.78
Net Cash Flow	347.81	-245.52	-636.56	-1,105	1,106
Free Cash Flow	255.92	-122.26	-536.09	-1,178	-457
Free Cash Flow Margin	56871.78%	-27167.78%	-119131.56%	-261870.67%	-101554.67%
Free Cash Flow Per Share	1.76	-0.73	-3.56	-7.96	-3.55
Cash Income Tax Paid	48.86	42.72	6.8	5.19	0.6
Levered Free Cash Flow	-158.42	1,092	-1,345	-174.14	-7.72
Unlevered Free Cash Flow	-32.91	1,092	-1,189	-171.68	-7.72
Change in Working Capital	-149.77	-401.78	-955.33	-1,238	-456.82

Source: S&P Global Market Intelligence. Standard template. Financial Sources.