Q-Interline Cash Flow Statement

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-16.42	-12.27	-9.61	-11.92
Depreciation & Amortization	1.36	1.68	1.48	1.53
Other Adjustments	-1.31	-0.85	-0.53	-0.14
Changes in Other Operating Activities	4.09	-6.67	3.05	-7.79
Operating Cash Flow	-12.29	-18.11	-5.61	-18.32
Capital Expenditures	-0.46	-0.41	-0.66	-0.94
Purchases of Investments	-0.08	-0.05	-0.02	0.04
Investing Cash Flow	-0.54	-0.46	-0.68	-0.89
Long-Term Debt Issued	0.04	-3.35	2.38	-0.67
Net Long-Term Debt Issued (Repaid)	0.04	-3.35	2.38	-0.67
Issuance of Common Stock	11.53	23.34	0.2	0
Net Common Stock Issued (Repurchased)	11.53	23.34	0.2	0
Financing Cash Flow	11.57	19.99	2.58	-0.67
Net Cash Flow	-1.25	1.42	-3.72	-19.89
Free Cash Flow	-12.74	-18.51	-6.28	-19.26
FCF Margin	-36.63%	-47.33%	-19.65%	-73.81%
Free Cash Flow Per Share	-0.63	-0.96	-0.41	-1.26
Levered Free Cash Flow	-12.7	-21.86	-3.9	-19.87
Unlevered Free Cash Flow	-11.43	-17.66	-5.74	-19.06