Cambi ASA Cash Flow Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	160.2	149.7	184.1	-11.6	13.3	15.8
Depreciation & Amortization	22	26	24.1	18.2	8.8	8.1
Other Amortization	0.1	0.1	-	-	-	-
Other Operating Activities	19.1	68.4	47.6	0.1	0.3	-7.3
Change in Accounts Receivable	-180.7	-75.8	-16	-27.9	6.4	-25.2
Change in Inventory	5.7	-87	-27.6	1.8	-17.9	-6.3
Change in Accounts Payable	-19.7	20.4	26.2	1.7	6.8	4.1
Change in Other Net Operating Assets	113	-118.3	-27.5	76.5	-26.6	-5.2
Operating Cash Flow	119.7	-16.5	210.9	58.8	-8.9	-16
Operating Cash Flow Growth	111.48%	-	258.67%	-	-	-
Capital Expenditures	-10	-20.9	-18.5	-2.8	-4.2	-6.1
Cash Acquisitions	-	-	-	-	-	-11.9
Sale (Purchase) of Intangibles	-0.4	-	-0.1	-48.9	-	-
Investment in Securities	-11.5	110.2	-	99.4	-200	2.2
Other Investing Activities	0.3	2.2	0.8	-	-	-
Investing Cash Flow	-21.6	91.5	-17.8	47.7	-204.2	-15.8
Short-Term Debt Issued	-	-	-	-	31	36.1
Total Debt Issued	-	-	-	-	31	36.1
Short-Term Debt Repaid	-	-	-	-	-67.2	-81
Long-Term Debt Repaid	-	-0.2	-1	-1.3	-12.3	-5.5
Total Debt Repaid	-	-0.2	-1	-1.3	-79.5	-86.5
Net Debt Issued (Repaid)	-	-0.2	-1	-1.3	-48.5	-50.4
Issuance of Common Stock	-	-	1.6	-	285.6	-
Repurchase of Common Stock	-	-	-1	-10.1	-	-
Common Dividends Paid	-48	-160	-24	-	-	-
Other Financing Activities	-	-	0.4	1.8	0.1	3
Financing Cash Flow	-48	-160.2	-120	-9.6	237.2	-47.4
Miscellaneous Cash Flow Adjustments	0.2	0.1	-	-0.1	-	-
Net Cash Flow	50.3	-85.1	73.1	96.8	24.1	-79.2
Free Cash Flow	109.7	-37.4	192.4	56	-13.1	-22.1
Free Cash Flow Growth	220.76%	-	243.57%	-	-	-
Free Cash Flow Margin	10.37%	-3.62%	19.70%	12.72%	-2.86%	-6.02%
Free Cash Flow Per Share	-	-0.23	1.20	0.35	-0.08	-7.95
Cash Income Tax Paid	6.7	8.4	-1.1	4.4	6	7.2
Levered Free Cash Flow	14.24	-248.31	237.11	29.6	-10.93	-22.29
Unlevered Free Cash Flow	14.74	-240.25	246.05	31.85	-8.86	-20.23
Change in Working Capital	-81.7	-260.7	-44.9	52.1	-31.3	-32.6

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