Bittnet Systems SA (BVB:BNET)
Romania · Delayed Price · Currency is RON 0.1460
-0.0015 (-1.02%)
At close: Sep 10, 2026
Bittnet Systems Cash Flow Statement
Financials in millions RON. Fiscal year is January - December.
Millions RON. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 20.38 | -6.06 | 5.33 | -6.29 | -5.36 | 12.32 |
Depreciation & Amortization | 9.9 | 10.11 | 10.74 | 9.05 | 4.42 | 2.39 |
Asset Writedown & Restructuring Costs | - | - | 2.08 | - | 0.5 | - |
Loss (Gain) From Sale of Investments | -13.53 | -0.92 | 4.18 | 2.07 | 3.41 | -11.99 |
Loss (Gain) on Equity Investments | -0.22 | 0.04 | 0.04 | 0.12 | -0.27 | -0.77 |
Stock-Based Compensation | - | 0.31 | 1.04 | 1.07 | 0.89 | 1.07 |
Provision & Write-off of Bad Debts | 0.95 | 0.95 | -0.01 | 0.29 | 0.2 | 0.05 |
Other Operating Activities | 2.92 | 5.51 | 10 | 8.11 | 7.8 | 6.24 |
Change in Accounts Receivable | -41.13 | -18.88 | -58.62 | 32.57 | -15.17 | -1.34 |
Change in Inventory | -2.15 | 1.58 | -0.62 | 38.97 | 2.24 | -0.03 |
Change in Accounts Payable | -13.52 | - | - | -25.2 | 19.34 | -4.15 |
Change in Other Net Operating Assets | 69.91 | 69.91 | 58.43 | - | - | - |
Operating Cash Flow | 33.51 | 62.54 | 21.93 | 60.77 | 18 | 3.78 |
Operating Cash Flow Growth | 104.03% | 185.23% | -63.91% | 237.68% | 376.22% | -53.46% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -1.13 | -1.79 | -2.02 | -1.71 | -4.05 | -1.63 |
Cash Acquisitions | 5 | -4.98 | - | -28.3 | -15.02 | -9 |
Divestitures | 5.15 | 11.07 | 13.86 | - | - | - |
Investment in Securities | -3.29 | -4.84 | 1.47 | -0.55 | 10.25 | 4.95 |
Other Investing Activities | 1.73 | 1.3 | 0.71 | -0.02 | 0.49 | 0.57 |
Investing Cash Flow | 7.46 | 0.75 | 14.02 | -30.58 | -8.34 | -5.11 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | 2.34 | 17.24 | 24.64 | 19.56 | - |
Long-Term Debt Repaid | - | -12.14 | -16.99 | -54.97 | -2.96 | -7.71 |
Lease Payments | -6.65 | -6.78 | -7 | -5.7 | -2.96 | -1.26 |
Net Debt Issued (Repaid) | -19.74 | -9.8 | 0.25 | -30.33 | 16.61 | -7.71 |
Issuance of Common Stock | 0 | - | 2.86 | 35.81 | - | 10.48 |
Repurchase of Common Stock | -3.16 | -3.39 | -0.77 | - | -2.6 | - |
Common Dividends Paid | - | - | - | -0.62 | - | - |
Other Financing Activities | -7.08 | -7.07 | -34.95 | -7.34 | -4.76 | -2.91 |
Financing Cash Flow | -29.98 | -20.26 | -32.61 | -2.48 | 9.25 | -0.14 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Miscellaneous Cash Flow Adjustments | -0 | -0 | - | - | -0 | - |
Net Cash Flow | 11 | 43.03 | 3.34 | 27.71 | 18.9 | -1.47 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 32.38 | 60.75 | 19.91 | 59.06 | 13.94 | 2.15 |
Free Cash Flow Growth | 120.71% | 205.12% | -66.29% | 323.62% | 548.03% | -69.97% |
Free Cash Flow Margin | 7.51% | 15.41% | 4.93% | 16.45% | 7.26% | 1.96% |
Free Cash Flow Per Share | 0.05 | 0.10 | 0.03 | 0.10 | 0.03 | 0.00 |
Levered Free Cash Flow | 14.22 | 58.87 | -4.54 | 39 | 8.26 | 13.86 |
Unlevered Free Cash Flow | 18.61 | 63.36 | -0.24 | 43.1 | 10.97 | 15.9 |
Free Cash Flow After Leases | 25.74 | 53.97 | 12.91 | 53.36 | 10.98 | 0.89 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 6.33 | 6.54 | 6.58 | 7.34 | 3.33 | 2.87 |
Cash Income Tax Paid | 0.46 | 1.08 | 1.99 | 0.92 | 1.39 | 0.98 |
Change in Working Capital | 13.11 | 52.61 | -0.81 | 46.34 | 6.41 | -5.52 |