Starbreeze AB Cash Flow Statement

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

Millions SEK. 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	-399.32	-317.85	207.63	-59.81	-103.47
Depreciation & Amortization	429.94	20.79	15.43	15.55	20.53
Other Amortization	-	269.48	226.92	44.08	39.46
Loss (Gain) From Sale of Assets	-	-	-0.02	-0	68.7
Asset Writedown & Restructuring Costs	-	127.09	6.69	-	-
Loss (Gain) From Sale of Investments	-	-	-	-	-1.26
Other Operating Activities	2.77	-59.06	-266.67	65.6	37.36
Change in Accounts Receivable	44.05	123.16	-164.42	-15.93	7.3
Change in Other Net Operating Assets	-31.61	-98.75	89.02	8.33	5.24
Operating Cash Flow	45.83	64.87	114.58	57.83	73.87
Operating Cash Flow Growth	-29.35%	-43.38%	98.14%	-21.72%	-
Capital Expenditures	-8.68	-5.85	-3.51	-1.27	-0.99
Sale of Property, Plant & Equipment	-	0.15	-	-	0.07
Sale (Purchase) of Intangibles	-156.18	-241.94	-198.87	-144.89	-109.48
Investment in Securities	-3.01	2.19	-	2.22	1.39
Other Investing Activities	0.55	-	-	-	-
Investing Cash Flow	-167.33	-245.46	-202.38	-143.94	-109.01
Short-Term Debt Issued	-	-	-	-	1.12
Total Debt Issued	-	-	-	-	1.12
Short-Term Debt Repaid	-	-	-	-0.86	-
Long-Term Debt Repaid	-21.26	-23.43	-164.66	-19.74	-74.94
Total Debt Repaid	-21.26	-23.43	-164.66	-20.6	-74.94
Net Debt Issued (Repaid)	-21.26	-23.43	-164.66	-20.6	-73.83
Issuance of Common Stock	33	-	452.88	-	-
Other Financing Activities	20.68	47.95	39.22	86.12	80
Financing Cash Flow	32.42	24.52	327.45	65.52	6.17
Foreign Exchange Rate Adjustments	-0.21	0.22	-0.11	0.23	0.12
Net Cash Flow	-89.29	-155.85	239.54	-20.36	-28.85
Free Cash Flow	37.15	59.02	111.07	56.55	72.88
Free Cash Flow Growth	-37.05%	-46.86%	96.39%	-22.40%	-
Free Cash Flow Margin	16.81%	31.76%	17.53%	44.32%	57.98%
Free Cash Flow Per Share	0.02	0.04	0.10	0.08	0.10
Cash Interest Paid	0.03	-	-	-	3.39
Cash Income Tax Paid	1.03	-0.11	0.9	1.27	3.17
Levered Free Cash Flow	65.72	-151.05	86.72	-107.26	-79.8
Unlevered Free Cash Flow	67.05	-148.54	86.95	-70.23	-47.57
Change in Working Capital	12.43	24.41	-75.4	-7.6	12.54

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