Cantargia 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	146.97	-161.65	-280.03	-371.81	-366.5
Depreciation & Amortization	3.28	3.44	3.45	3.69	3.45
Stock-Based Compensation	3.62	3.11	4.5	3.95	5.1
Other Operating Activities	9.75	-2.11	-0.06	-9.35	-2.84
Change in Accounts Receivable	-0.36	8.25	15.71	-3.88	-21.78
Change in Accounts Payable	-5.01	-12.19	-14.74	3.4	23.83
Change in Other Net Operating Assets	-8.12	-1.6	-15.5	15.09	12.3
Operating Cash Flow	150.13	-162.75	-286.66	-358.92	-346.45
Capital Expenditures	-0.47	-	-	-7.09	-0.38
Investment in Securities	-	55	182.1	74.97	-102.05
Investing Cash Flow	-0.47	55	182.1	67.88	-102.43
Short-Term Debt Issued	25	-	-	-	-
Total Debt Issued	25	-	-	-	-
Short-Term Debt Repaid	-25	-	-	-	-
Total Debt Repaid	-25	-	-	-	-
Issuance of Common Stock	120.11	-	59.28	250.48	-
Other Financing Activities	-16.25	-1.07	-4.6	-26.55	-
Financing Cash Flow	103.86	-1.07	54.68	223.93	-
Foreign Exchange Rate Adjustments	-4.74	2.11	0.06	9.35	2.84
Miscellaneous Cash Flow Adjustments	-	-	-0	-	0
Net Cash Flow	248.78	-106.71	-49.83	-57.75	-446.03
Free Cash Flow	149.66	-162.75	-286.66	-366	-346.83
Free Cash Flow Margin	47.26%	-	-	-	-
Free Cash Flow Per Share	0.60	-0.89	-1.69	-2.86	-3.46
Cash Interest Paid	1.13	-	0	0	0
Levered Free Cash Flow	190.09	-211.42	-186.43	-222.12	-207.5
Unlevered Free Cash Flow	198.58	-211.42	-186.43	-222.12	-207.5
Change in Working Capital	-13.49	-5.55	-14.53	14.61	14.36

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