Net-Digital AG 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	2.88	-1.98	-1.08	-0.4
Depreciation & Amortization	0.58	1.29	1.01	0.92
Other Adjustments	0.88	0.26	0.03	-0.24
Changes in Inventories	-6.17	-0.41	0.79	-0.48
Changes in Accounts Payable	2.98	0.04	-0.19	0.55
Changes in Income Taxes Payable	-0.18	-0.07	-0.77	-0.11
Operating Cash Flow	0.97	-0.88	-0.21	0.25
Operating Cash Flow Growth	-	-	-	-
Capital Expenditures	-0.02	-0.02	-0.02	-0.02
Purchases of Intangible Assets	-0.39	-0.13	-0.07	-0.15
Other Investing Activities	0.01	0.01	0	-0.08
Investing Cash Flow	-0.4	-0.14	-0.09	-0.17
Long-Term Debt Issued	0	1.5	0	0
Net Long-Term Debt Issued (Repaid)	0	1.5	0	0
Other Financing Activities	-0	-0	-0.01	-0
Financing Cash Flow	-0	1.5	-0.01	-0
Net Cash Flow	0.56	0.48	-0.3	0.08
Free Cash Flow	0.95	-0.89	-0.23	0.23
Free Cash Flow Growth	-	-	-	-
FCF Margin	324.66%	-241.48%	-2.26%	2.04%
Free Cash Flow Per Share	0.44	-0.42	-0.16	0.16
Levered Free Cash Flow	0.06	0.35	-0.26	0.47
Unlevered Free Cash Flow	-35.92	-10.94	1.09	1.67