Solid Clouds Cash Flow Statement

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

Millions ISK. 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	-260.72	-404.46	-83.08	-50.78	-34.07
Depreciation & Amortization	5.96	5.17	5.01	6.17	6.02
Other Amortization	127.27	109.45	88.24	67.52	39.53
Stock-Based Compensation	4.94	6.92	2.03	8.55	-1.32
Other Operating Activities	10.74	160.88	-55.23	-42.96	-27.22
Change in Other Net Operating Assets	6.1	9.39	4.92	-3.22	19.32
Operating Cash Flow	-105.7	-112.66	-38.12	-14.73	2.27
Operating Cash Flow Growth	-	-	-	-	-91.68%
Sale (Purchase) of Intangibles	-372.43	-380.41	-360.74	-350.91	-286.28
Other Investing Activities	139.62	131.28	138.61	112.49	102.08
Investing Cash Flow	-232.81	-249.13	-222.14	-238.42	-184.2
Short-Term Debt Issued	131.67	43.2	-	-	-
Total Debt Issued	131.67	43.2	-	-	-
Long-Term Debt Repaid	-6.01	-5.58	-5.54	-6.68	-6.07
Total Debt Repaid	-6.01	-5.58	-5.54	-6.68	-6.07
Net Debt Issued (Repaid)	125.65	37.63	-5.54	-6.68	-6.07
Issuance of Common Stock	300.91	295.2	-	-	699.98
Financing Cash Flow	426.57	332.83	-5.54	-6.68	693.91
Foreign Exchange Rate Adjustments	-1.05	-1.01	-0.32	0.33	-1.31
Miscellaneous Cash Flow Adjustments	-0	-	-0	-	-
Net Cash Flow	87.01	-29.97	-266.12	-259.51	510.66
Cash Interest Paid	4.49	2.62	1.35	1.21	1.24
Levered Free Cash Flow	-392.76	-405.87	-354.84	-348.09	-263.21
Unlevered Free Cash Flow	-383.9	-404.15	-353.99	-346.9	-262.43
Change in Working Capital	6.1	9.39	4.92	-3.22	19.32

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