PAL Next AG (ETR:PAL)

PAL Next AG Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-0.91	-3.39	-3.62	-7.88	-2.13
Depreciation & Amortization	0.03	2.02	23.41	17.7	18.38
Other Amortization	23.87	-	-	-	-
Loss (Gain) From Sale of Assets	0.21	0.76	0.05	1.46	0.1
Other Operating Activities	0.02	0.08	0.05	-0.02	0.29
Change in Inventory	-1.43	-	4.52	-2.07	10.98
Change in Accounts Payable	-10.62	12.68	-16.68	5.87	-16.8
Change in Other Net Operating Assets	0.04	-0.2	-0.66	-0.7	1.38
Operating Cash Flow	11.21	11.95	7.08	14.37	12.2
Operating Cash Flow Growth	-6.13%	68.81%	-50.75%	17.79%	35.65%
Capital Expenditures	-0	-0.01	-0.01	-0.06	-0.05
Sale (Purchase) of Intangibles	-4.97	-20.12	-5.39	-29.53	-14.49
Investing Cash Flow	-4.97	-20.13	-5.4	-29.6	-14.54
Long-Term Debt Issued	4.92	4.45	0.03	-	-
Long-Term Debt Repaid	-	-0.67	-0.67	-0.67	-
Net Debt Issued (Repaid)	4.92	3.78	-0.64	-0.67	-
Issuance of Common Stock	0.75	0.03	4.68	0.5	4.26
Other Financing Activities	-	-0.05	-0.03	-0.06	-0.02
Financing Cash Flow	5.67	3.76	4.01	-0.22	4.24
Net Cash Flow	11.91	-4.43	5.69	-15.45	1.9
Free Cash Flow	11.21	11.94	7.07	14.31	12.15
Free Cash Flow Growth	-6.08%	68.96%	-50.61%	17.75%	35.15%
Free Cash Flow Margin	48.38%	260.50%	19.86%	71.89%	28.32%
Free Cash Flow Per Share	0.33	0.47	0.28	0.69	0.59
Cash Interest Paid	-	0.05	0.02	0.05	0.02
Cash Income Tax Paid	-0.02	-0.03	-0.03	0.01	-0.05
Levered Free Cash Flow	7.87	-6.24	0.65	-14.06	-0.64
Unlevered Free Cash Flow	7.87	-6.21	0.66	-14.03	-0.62
Change in Working Capital	-12	12.48	-12.82	3.11	-4.44

Source: S&P Global Market Intelligence. Standard template. Financial Sources.