F-Secure Oyj Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	19.86	22.37	21.07	22.36	30.15	34.42
Depreciation & Amortization	11.85	11.85	11.04	6	0.63	0.22
Other Amortization	4.6	4.6	2.58	2.2	1.35	1.3
Stock-Based Compensation	1.14	1.14	1.05	0.62	-	-
Other Operating Activities	3.25	1.67	2.08	-0.41	1.29	0.59
Change in Accounts Receivable	3.08	3.08	-2.81	-8.09	3.24	-1.81
Change in Inventory	0.01	0.01	0.01	0.01	0.01	0.02
Change in Other Net Operating Assets	-1.99	-1.15	3.81	7.43	-0.29	1.39
Operating Cash Flow	41.79	43.57	38.82	30.11	36.38	36.13
Operating Cash Flow Growth	2.91%	12.24%	28.92%	-17.24%	0.71%	-22.61%
Capital Expenditures	-14.59	-12.78	-11.11	-7.92	-4.64	-1.67
Sale of Property, Plant & Equipment	-	-	0	-	0	0.04
Cash Acquisitions	-	-	-0.13	-207.76	-	-
Investment in Securities	-	-	-	-	-0	-
Investing Cash Flow	-14.59	-12.78	-11.24	-215.68	-4.64	-1.63
Short-Term Debt Issued	-	-	8	-	-	-
Long-Term Debt Issued	-	38.76	-	202	5.66	-
Total Debt Issued	38.76	38.76	8	202	5.66	-
Short-Term Debt Repaid	-	-8	-	-	-	-
Long-Term Debt Repaid	-	-51.56	-31.17	-11.07	-0.61	-0.23
Total Debt Repaid	-51.63	-59.56	-31.17	-11.07	-0.61	-0.23
Net Debt Issued (Repaid)	-12.88	-20.8	-23.17	190.93	5.05	-0.23
Common Dividends Paid	-6.99	-6.99	-12.23	-12.23	-	-
Other Financing Activities	0	0	-	-	-13.86	-34.27
Financing Cash Flow	-19.86	-27.79	-35.4	178.7	-8.81	-34.5
Foreign Exchange Rate Adjustments	-0.23	-0.33	0.05	-0.21	0.02	-
Net Cash Flow	7.12	2.68	-7.77	-7.09	22.95	-
Free Cash Flow	27.2	30.79	27.71	22.19	31.75	34.46
Free Cash Flow Growth	-9.70%	11.14%	24.87%	-30.10%	-7.88%	-10.59%
Free Cash Flow Margin	18.76%	21.13%	18.95%	17.02%	28.60%	32.43%
Free Cash Flow Per Share	0.16	0.18	0.16	0.13	0.18	0.20
Cash Interest Paid	6.85	6.85	11.28	7.18	0.06	0.03
Cash Income Tax Paid	2.86	2.86	3.66	5.5	6.96	9.02
Levered Free Cash Flow	32.39	29	16.62	15.94	30.32	-16.36
Unlevered Free Cash Flow	36.65	33.64	23.77	20.49	30.38	-16.34
Change in Working Capital	1.1	1.94	1.01	-0.66	2.96	-0.4

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