Betsson AB 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	2015 - 2019
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	2015 - 2019
Net Income	196.3	181.3	177.3	119.6	106.4	100.19	Upgrade
Depreciation & Amortization	19.2	20	16.16	11.64	10.62	9.66	Upgrade
Other Amortization	41.5	39.2	36.04	29.56	25.48	26.09	Upgrade
Stock-Based Compensation	2.5	2.5	1.6	0.3	0.2	0.14	Upgrade
Other Operating Activities	29.1	36.6	4.7	0.3	0.5	1.82	Upgrade
Change in Accounts Receivable	-27.1	-27.1	-16.4	-21.6	2.5	-15.11	Upgrade
Change in Other Net Operating Assets	15.4	20.4	11	38.9	-2.1	15.01	Upgrade
Operating Cash Flow	276.9	272.9	230.4	178.7	143.6	137.78	Upgrade
Operating Cash Flow Growth	17.38%	18.45%	28.93%	24.44%	4.22%	25.57%	Upgrade
Capital Expenditures	-4.9	-2.3	-3.4	-4.3	-3.1	-4.83	Upgrade
Cash Acquisitions	11	-37.7	-117.6	-14.8	-21.9	-32.2	Upgrade
Sale (Purchase) of Intangibles	-47.7	-47.7	-38	-31.2	-29	-31.57	Upgrade
Investment in Securities	-3.4	-5.6	-	-0.9	-17.6	-0.46	Upgrade
Investing Cash Flow	-48.8	-93.3	-159	-51.2	-71.6	-69.06	Upgrade
Long-Term Debt Issued	-	98.6	73.8	98.6	13.4	28.87	Upgrade
Short-Term Debt Repaid	-	-3	-8.5	-4.3	-	-	Upgrade
Long-Term Debt Repaid	-	-109.2	-6.2	-100.6	-26.1	-26.45	Upgrade
Total Debt Repaid	-57.4	-112.2	-14.7	-104.9	-26.1	-26.45	Upgrade
Net Debt Issued (Repaid)	-57.4	-13.6	59.1	-6.3	-12.7	2.42	Upgrade
Repurchase of Common Stock	-90.2	-90.2	-59.7	-50.3	-49.7	-45.15	Upgrade
Other Financing Activities	-5.9	-3.2	0.9	1.9	0.2	0.12	Upgrade
Financing Cash Flow	-166.8	-107	0.3	-54.7	-62.2	-42.61	Upgrade
Foreign Exchange Rate Adjustments	-4.4	-1.1	-2.9	-0.1	-0.2	-3.81	Upgrade
Miscellaneous Cash Flow Adjustments	-0.2	-0.1	-	-	-	-	Upgrade
Net Cash Flow	56.7	71.4	68.8	72.7	9.6	22.3	Upgrade
Free Cash Flow	272	270.6	227	174.4	140.5	132.95	Upgrade
Free Cash Flow Growth	18.36%	19.21%	30.16%	24.13%	5.68%	24.71%	Upgrade
Free Cash Flow Margin	22.67%	24.45%	23.94%	22.44%	21.36%	20.90%	Upgrade
Free Cash Flow Per Share	1.95	1.95	1.66	1.27	1.03	0.97	Upgrade
Cash Interest Paid	-	-	-	-	-	4.44	Upgrade
Cash Income Tax Paid	37.9	26.9	20.5	9.8	5.8	7.63	Upgrade
Levered Free Cash Flow	193.95	153.86	132.94	103.43	90.74	77.35	Upgrade
Unlevered Free Cash Flow	200.93	165.97	140.95	107.97	93.48	80.15	Upgrade
Change in Working Capital	-11.7	-6.7	-5.4	17.3	0.4	-0.1	Upgrade

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