cBrain A/S (CPH:CBRAIN)

cBrain Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	64.82	63.18	38.38	31.01	15.54
Depreciation & Amortization	4.99	4.21	3.83	5.37	4.05
Other Amortization	19.77	16.95	15.02	14.08	12.31
Stock-Based Compensation	-	0.24	0.23	0.23	0.33
Other Operating Activities	-4.21	10.89	3.28	-10.45	-1.19
Change in Accounts Receivable	-12.18	-10.23	-6.94	11.69	-5.71
Change in Accounts Payable	-5.26	1.06	8.5	-1.96	2.93
Change in Unearned Revenue	-	-	-	-5.17	5.76
Change in Other Net Operating Assets	-	-	-	5.45	9.74
Operating Cash Flow	67.92	86.3	62.31	50.23	43.76
Operating Cash Flow Growth	-21.29%	38.49%	24.05%	14.80%	59.65%
Capital Expenditures	-24.6	-0.7	-205.49	-0.96	-
Sale (Purchase) of Intangibles	-22.84	-26.4	-20.95	-19.58	-18.12
Investment in Securities	-	-	-	0.09	-
Investing Cash Flow	-47.43	-27.11	-226.44	-20.45	-18.12
Long-Term Debt Issued	-	-	99.82	-	-
Long-Term Debt Repaid	-1.98	-48.07	-2.32	-5.66	-3.69
Net Debt Issued (Repaid)	-1.98	-48.07	97.5	-5.66	-3.69
Common Dividends Paid	-5.48	-4.11	-3.33	-2.74	-2.31
Other Financing Activities	-0.01	-	-	-	-
Financing Cash Flow	-7.47	-52.18	94.18	-8.4	-6
Net Cash Flow	13.02	7.01	-69.96	21.39	19.63
Free Cash Flow	43.33	85.59	-143.18	49.27	43.76
Free Cash Flow Growth	-49.38%	-	-	12.61%	59.65%
Free Cash Flow Margin	16.18%	35.79%	-76.19%	31.86%	36.43%
Free Cash Flow Per Share	2.21	4.38	-7.32	2.50	2.24
Cash Interest Paid	0.01	-	-	0.12	0.35
Cash Income Tax Paid	25.51	7.45	6.63	4.34	6.1
Levered Free Cash Flow	8.38	44.32	-177.66	35.21	17.48
Unlevered Free Cash Flow	10.14	47.17	-177.14	35.53	17.68
Change in Net Working Capital	22.39	0.51	0.71	-11.97	-6.12

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.