Hexagon Purus ASA Cash Flow Statement

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

Millions NOK. 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	-1,502	-1,110	-672.7	-432.33	-353.7
Depreciation & Amortization	339.87	207.46	149.79	94.94	53.1
Asset Writedown & Restructuring Costs	199.26	354.76	-	0.15	-
Loss (Gain) From Sale of Investments	102.75	-	-	-	-
Loss (Gain) on Equity Investments	-	-35.72	12.5	-51.89	2.96
Stock-Based Compensation	-	31.36	24.37	15.78	7.69
Other Operating Activities	332.91	123.56	-5.09	-9.16	12.66
Change in Accounts Receivable	-	-65.29	-47.73	-13.97	-147.29
Change in Inventory	-	-225.29	-149.48	-70.98	-29.09
Change in Accounts Payable	-	2.55	-51.72	155.27	33.61
Change in Other Net Operating Assets	46.7	34.1	27.15	-13.12	-28.82
Operating Cash Flow	-480.46	-682.32	-712.92	-325.31	-457.3
Capital Expenditures	-81.67	-428.09	-442.64	-240.03	-107.71
Cash Acquisitions	-	-42.54	-85.69	-	-146.19
Sale (Purchase) of Intangibles	-76.03	-48.52	-39.63	-52.63	-37.74
Investment in Securities	-25.23	-4.5	-29.31	-41.48	-7.92
Other Investing Activities	5.46	-11.62	0.19	-3.88	1.63
Investing Cash Flow	-177.48	-535.28	-597.08	-338.01	-297.92
Long-Term Debt Issued	-	999.95	800	-	10.66
Long-Term Debt Repaid	-88.64	-48.28	-49.54	-35.39	-39.36
Net Debt Issued (Repaid)	-88.64	951.67	750.46	-35.39	-28.7
Issuance of Common Stock	-	1,001	499.83	600	-
Other Financing Activities	63.75	-45.49	10.46	16.19	-9.51
Financing Cash Flow	-24.89	1,907	1,261	580.8	-38.21
Foreign Exchange Rate Adjustments	-23.09	30.49	-24.98	10.83	0.48
Miscellaneous Cash Flow Adjustments	0	-	-	-	-
Net Cash Flow	-705.93	720.25	-74.22	-71.69	-792.95
Free Cash Flow	-562.14	-1,110	-1,156	-565.34	-565.02
Free Cash Flow Margin	-49.14%	-59.20%	-87.57%	-58.65%	-111.28%
Free Cash Flow Per Share	-1.31	-3.67	-4.22	-2.19	-2.42
Cash Interest Paid	1.31	41.48	42.8	12.61	9.51
Cash Income Tax Paid	-	-	-	4.63	0.91
Levered Free Cash Flow	-549.24	-1,132	-1,066	-368.74	-390.5
Unlevered Free Cash Flow	-266.53	-976.36	-1,000	-360.86	-384.56
Change in Working Capital	46.7	-253.93	-221.78	57.2	-171.59

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