HelloFresh SE 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	-92.6	-136.4	19.4	127	242.8
Depreciation & Amortization	192.5	220.9	187.5	145.2	90.7
Other Amortization	48.8	42.7	33.3	20.6	6.1
Loss (Gain) From Sale of Assets	-0.5	-1.4	1.4	-0.8	-1.5
Asset Writedown & Restructuring Costs	106.8	181.1	10.5	-	-
Loss (Gain) on Equity Investments	-	-	-	-	11.4
Stock-Based Compensation	59	94.4	82	55.5	38.9
Other Operating Activities	40.9	-45.7	-44.3	-72.3	21.5
Change in Accounts Receivable	2	-3	2.8	0.5	13.4
Change in Inventory	-17.8	-5.4	38.2	-35.9	-91.1
Change in Accounts Payable	-63.2	-41.5	47	102	114.9
Change in Unearned Revenue	18	-48.4	-7.5	-5.9	23.6
Change in Other Net Operating Assets	3.5	2.4	13.5	-22.5	-12.1
Operating Cash Flow	297.4	259.7	383.8	313.4	458.6
Operating Cash Flow Growth	14.52%	-32.34%	22.46%	-31.66%	-23.76%
Capital Expenditures	-74.9	-112.2	-250.4	-372	-234.5
Cash Acquisitions	-	-	-34.5	-25.6	-73.6
Sale (Purchase) of Intangibles	-55.2	-53.9	-55.4	-45.5	-17.4
Investment in Securities	-4.5	-	-	-	-
Other Investing Activities	12.1	15	-0.9	-2.1	2.7
Investing Cash Flow	-120.8	-149.8	-339.6	-443.8	-321.6
Long-Term Debt Issued	-	188.2	-	-	-
Total Debt Issued	-	188.2	-	-	-
Long-Term Debt Repaid	-271.7	-130.8	-78.4	-60.9	-26.9
Net Debt Issued (Repaid)	-271.7	57.4	-78.4	-60.9	-26.9
Issuance of Common Stock	-	-	0.8	-	4.6
Repurchase of Common Stock	-132.6	-84.3	-31.6	-141	-39.3
Other Financing Activities	-34.1	-33.2	-1.6	-2.4	-1.1
Financing Cash Flow	-438.4	-60.1	-110.8	-204.3	-62.7
Foreign Exchange Rate Adjustments	-13.8	3.7	-4.2	11.5	23.8
Miscellaneous Cash Flow Adjustments	-	0.1	-0.1	0.1	-
Net Cash Flow	-275.6	53.6	-70.9	-323.1	98.1
Free Cash Flow	222.5	147.5	133.4	-58.6	224.1
Free Cash Flow Growth	50.85%	10.57%	-	-	-57.48%
Free Cash Flow Margin	3.29%	1.93%	1.76%	-0.77%	3.74%
Free Cash Flow Per Share	1.42	0.89	0.76	-0.33	1.29
Cash Interest Paid	34.2	33.2	29.4	18.6	11
Cash Income Tax Paid	0.8	-2.9	106.7	120.9	91.9
Levered Free Cash Flow	136.85	91.3	-8.71	-53.68	258.23
Unlevered Free Cash Flow	160.85	115.43	13.35	-36.43	270.73
Change in Working Capital	-57.5	-95.9	94	38.2	48.7

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