Dovre Group Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 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	-6.99	-8.27	4.06	5.15	3.67	1.64
Depreciation & Amortization	0.73	0.7	0.98	0.99	0.81	0.79
Other Amortization	-	-	-	0.01	0.05	0.05
Stock-Based Compensation	-	-	-	-	-	0.08
Other Operating Activities	-25.57	-14.54	0.13	0.99	1.35	-0.22
Change in Accounts Receivable	-6.27	-6.99	-1.9	-11.61	-18.43	4.36
Change in Inventory	-4.23	0.53	-5.31	-0.86	-0.67	-
Change in Accounts Payable	29.36	13.59	2.64	7.89	15.56	-2.46
Change in Other Net Operating Assets	3.11	10.58	-0.45	-	-	-
Operating Cash Flow	-4.52	0.94	0.15	2.55	2.33	4.25
Operating Cash Flow Growth	-	533.56%	-94.16%	9.39%	-45.05%	231.72%
Capital Expenditures	0.58	-0.34	-0.17	-0.18	-0.13	-0.01
Cash Acquisitions	-	-	-	-	-2.48	-0.98
Investment in Securities	-1	-1	-	-	-	-
Other Investing Activities	36.4	-0.02	-	-	-	-0
Investing Cash Flow	35.98	-1.36	-0.17	-0.18	-2.61	-0.99
Short-Term Debt Issued	-	7.91	-	-	1.68	1.3
Long-Term Debt Issued	-	-	-	0.49	2	-
Total Debt Issued	2.25	7.91	-	0.49	3.68	1.3
Short-Term Debt Repaid	-	-	-1.32	-0.03	-0.61	-0.31
Long-Term Debt Repaid	-	-0.62	-1.66	-1.04	-1.15	-0.37
Total Debt Repaid	-8.92	-0.62	-2.98	-1.07	-1.75	-0.68
Net Debt Issued (Repaid)	-6.67	7.29	-2.98	-0.58	1.93	0.62
Issuance of Common Stock	-	-	-	-	-	0.33
Common Dividends Paid	-3.79	-2.11	-	-	-1.06	-1.02
Other Financing Activities	-2.9	-2.9	-	-0.02	0	-
Financing Cash Flow	-13.36	2.27	-2.98	-0.6	0.87	-0.07
Foreign Exchange Rate Adjustments	0.13	0.05	-0.32	-0.05	0.36	-0.44
Miscellaneous Cash Flow Adjustments	-	-	-	-	0	-
Net Cash Flow	18.24	1.91	-3.32	1.73	0.96	2.75
Free Cash Flow	-3.94	0.6	-0.02	2.38	2.2	4.24
Free Cash Flow Growth	-	-	-	7.95%	-48.04%	254.35%
Free Cash Flow Margin	-4.42%	0.60%	-0.03%	1.17%	1.54%	5.47%
Free Cash Flow Per Share	-0.04	0.01	-	0.02	0.02	0.04
Cash Interest Paid	0.15	0.33	0.4	0.28	0.21	0.15
Cash Income Tax Paid	-	0.13	2.17	1.23	0.57	0.69
Levered Free Cash Flow	10.35	-19.15	-4.03	0.37	2.52	3.17
Unlevered Free Cash Flow	11.08	-18.56	-3.61	1.12	2.82	3.3
Change in Working Capital	21.97	17.72	-5.03	-4.58	-3.54	1.91

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.