Webstep 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	47.17	49.51	4.44	38.44	48.5	36.75
Depreciation & Amortization	14.43	18.34	20.67	18.28	13.76	12.4
Other Amortization	-	-	1.52	1.52	1.52	1.52
Asset Writedown & Restructuring Costs	-	-	25	1.79	-	-
Stock-Based Compensation	0.59	0.9	1.23	-	-	-
Other Operating Activities	3.1	2.8	-2.56	-3.83	2.64	2.07
Change in Accounts Receivable	32.98	-26.31	-6.49	-10.67	-24.39	-7.89
Change in Accounts Payable	-19.96	-19.96	33.66	28.48	12.68	18.5
Change in Other Net Operating Assets	20.18	-	-	-	-	-
Operating Cash Flow	99.4	28.14	77.72	73.99	54.7	63.34
Operating Cash Flow Growth	51.37%	-63.80%	5.04%	35.28%	-13.64%	51.57%
Capital Expenditures	-2.99	-3.63	-5.48	-10.72	-7.75	-3.97
Sale of Property, Plant & Equipment	-	38.62	-	-	-	-
Other Investing Activities	-0	-0	-	-	-	-
Investing Cash Flow	-2.99	34.99	-5.48	-10.72	-7.75	-3.97
Long-Term Debt Repaid	-	-12.26	-12.89	-11.48	-10.92	-8.99
Total Debt Repaid	-12.92	-12.26	-12.89	-11.48	-10.92	-8.99
Net Debt Issued (Repaid)	-12.92	-12.26	-12.89	-11.48	-10.92	-8.99
Issuance of Common Stock	1.56	8.97	0.79	10.35	13.99	6.58
Repurchase of Common Stock	-25.18	-25.18	-	-	-	-
Common Dividends Paid	-62.32	-27.79	-46.97	-46.49	-43.05	-42.68
Financing Cash Flow	-98.86	-56.27	-59.07	-47.62	-39.98	-45.09
Miscellaneous Cash Flow Adjustments	0	0	-0	-	-0	-
Net Cash Flow	-2.45	6.86	13.17	15.65	6.97	14.27
Free Cash Flow	96.41	24.51	72.24	63.27	46.95	59.36
Free Cash Flow Growth	54.63%	-66.08%	14.17%	34.77%	-20.92%	55.73%
Free Cash Flow Margin	11.27%	2.80%	8.38%	7.12%	6.06%	8.60%
Free Cash Flow Per Share	3.70	0.89	2.60	2.29	1.72	2.22
Cash Interest Paid	7.51	7.51	7.15	5.39	3.63	3.16
Cash Income Tax Paid	12.31	10.16	12.55	15.21	9.96	9.4
Levered Free Cash Flow	88.75	24.92	49.61	63.98	44.73	51.67
Unlevered Free Cash Flow	92.85	29.58	53.55	66.8	46.6	53.56
Change in Working Capital	33.19	-46.27	27.16	17.8	-11.71	10.61

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