Jensen-Group NV Cash Flow Statement

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

Millions EUR. 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	58.69	41.17	31.03	16.33	14.58
Depreciation & Amortization	11.72	8.89	6	6.41	6.78
Loss (Gain) From Sale of Assets	0.01	0.02	-0.02	-	0.03
Loss (Gain) on Equity Investments	-6.29	-3.94	-2.14	-0.99	-0.54
Provision & Write-off of Bad Debts	-0.92	2.6	1.21	0.33	0.47
Other Operating Activities	4.26	0.18	9.29	1.33	1.96
Change in Accounts Receivable	-68.08	-29.29	-11.23	-46.84	-
Change in Inventory	-3.74	-1.94	-7.29	-6.82	-2.98
Change in Accounts Payable	7.14	6.14	9.79	4.08	36.91
Change in Unearned Revenue	45.14	29.81	10.1	27.16	-
Change in Other Net Operating Assets	13.8	-21.28	-25.39	-19.18	-24.16
Operating Cash Flow	62.21	30.62	21.62	-18.11	32.68
Operating Cash Flow Growth	103.17%	41.62%	-	-	-16.47%
Capital Expenditures	-7.11	-11.76	-8.09	-5.55	-9.82
Sale of Property, Plant & Equipment	0.13	0.18	0.14	0.01	0.08
Cash Acquisitions	-39.64	-31.73	-6.1	-	-12.25
Divestitures	-	-0.14	-	-	-
Investment in Securities	0.53	1.21	1.29	1.67	-
Other Investing Activities	2.61	0.88	0	0	-0
Investing Cash Flow	-43.48	-41.36	-12.76	-3.87	-21.98
Long-Term Debt Issued	46.78	24.53	1.5	1.23	6.3
Long-Term Debt Repaid	-42.68	-8.6	-16.96	-4.64	-
Net Debt Issued (Repaid)	4.1	15.93	-15.46	-3.41	6.3
Issuance of Common Stock	-	-	26.82	-	-
Repurchase of Common Stock	-15.4	-4.77	-2.07	-1.85	-
Common Dividends Paid	-9.48	-7.13	-3.85	-3.89	-1.95
Other Financing Activities	-1.34	-2.07	-2.61	-2.33	-22.75
Financing Cash Flow	-22.12	1.96	2.83	-11.48	-18.4
Foreign Exchange Rate Adjustments	-1.83	1.17	-0.15	2.69	1.95
Miscellaneous Cash Flow Adjustments	0	-	0	0	0
Net Cash Flow	-5.21	-7.61	11.54	-30.77	-5.75
Free Cash Flow	55.11	18.86	13.53	-23.66	22.87
Free Cash Flow Growth	192.16%	39.36%	-	-	-36.79%
Free Cash Flow Margin	10.19%	4.16%	3.38%	-6.93%	8.80%
Free Cash Flow Per Share	5.88	1.98	1.48	-3.04	2.92
Cash Interest Paid	0.96	1.81	1.65	1.98	1.79
Cash Income Tax Paid	12.53	18.35	4.53	3.47	6.79
Levered Free Cash Flow	-	5.53	10.1	-26.72	21.63
Unlevered Free Cash Flow	-	6.66	11.14	-25.48	22.75
Change in Working Capital	-5.74	-16.56	-24.02	-41.61	9.77

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.