Embellence Group AB Cash Flow Statement

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

Millions SEK. 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	64.17	57.17	39.29	57.4	59.32	43.13
Depreciation & Amortization	43.47	44.47	48.54	41.28	27.17	26.71
Other Operating Activities	-2.07	19.93	-6.78	-15.22	12.31	12.04
Change in Accounts Receivable	-7.57	-7.57	4.9	24.33	-19.91	-69.58
Change in Inventory	-10.19	-10.19	-8.27	4.27	1.62	20.24
Change in Other Net Operating Assets	-0.1	8.9	-13.15	-4.12	-18.47	37.23
Operating Cash Flow	87.72	112.72	64.53	107.94	62.1	67.06
Operating Cash Flow Growth	-20.64%	74.69%	-40.22%	73.80%	-7.39%	31.85%
Capital Expenditures	-13.78	-12.78	-11.74	-9.88	-9.51	-9.46
Sale of Property, Plant & Equipment	-	-	-	0.14	0.33	-
Cash Acquisitions	-	-	-	-140.13	-34.39	-
Sale (Purchase) of Intangibles	-1.1	-1.1	-3.87	-4.99	-9.03	-7.52
Investment in Securities	0.33	0.33	-0.58	-1.55	-0.63	-0.46
Other Investing Activities	-	-	-	-	-	0.04
Investing Cash Flow	-14.55	-13.55	-16.19	-156.41	-53.23	-17.4
Short-Term Debt Issued	-	-	-	1.93	8.12	-
Long-Term Debt Issued	-	-	-	94.54	-	-
Total Debt Issued	131	-	-	96.47	8.12	-
Short-Term Debt Repaid	-	-41.68	-27.39	-	-	-22.49
Long-Term Debt Repaid	-	-86.03	-32.05	-24.49	-10.43	-10.8
Total Debt Repaid	-183.71	-127.71	-59.43	-24.49	-10.43	-33.29
Net Debt Issued (Repaid)	-52.71	-127.71	-59.43	71.98	-2.31	-33.29
Issuance of Common Stock	-	2.78	-	0.3	-	0.25
Common Dividends Paid	-29	-	-18.07	-18.07	-	-
Other Financing Activities	0.35	26.35	-0.3	-	-	-
Financing Cash Flow	-81.58	-98.58	-77.8	54.21	-2.31	-33.04
Foreign Exchange Rate Adjustments	-1.92	2.08	1.13	2.51	2.42	-2
Net Cash Flow	-10.33	2.67	-28.33	8.24	8.98	14.62
Free Cash Flow	73.94	99.94	52.78	98.05	52.6	57.61
Free Cash Flow Growth	-25.90%	89.34%	-46.17%	86.43%	-8.70%	33.13%
Free Cash Flow Margin	9.60%	12.85%	7.13%	13.62%	8.13%	10.11%
Free Cash Flow Per Share	3.14	4.37	2.34	4.39	2.42	2.69
Cash Interest Paid	9.89	15.89	18.69	12.72	8.05	5.25
Cash Income Tax Paid	12.04	10.04	16.92	18.65	9.37	6.83
Levered Free Cash Flow	65.96	71.93	46.55	25.2	18.06	109.09
Unlevered Free Cash Flow	68.36	81.83	58.1	33.2	22.37	112.37
Change in Working Capital	-17.86	-8.86	-16.52	24.48	-36.76	-12.11

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