B3 Consulting 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	2.8	83.3	60.5	103.3	45.29	22.92
Depreciation & Amortization	31	28.2	21.2	20.6	18.75	27.5
Loss (Gain) From Sale of Assets	0.7	0.3	0.4	-0.2	-2.35	-0.95
Asset Writedown & Restructuring Costs	3	3	-	-	-	-
Loss (Gain) on Equity Investments	-	-	-	1.6	-	-
Other Operating Activities	7.9	-94.7	-2.9	27.9	15.63	2.24
Change in Accounts Receivable	32.9	25.3	13.2	-32.4	-41.73	20.02
Change in Other Net Operating Assets	-51.2	-60	-24.6	30.9	42.07	-2.54
Operating Cash Flow	27.1	-14.6	67.8	151.7	77.66	69.18
Operating Cash Flow Growth	421.15%	-	-55.31%	95.33%	12.26%	25.30%
Capital Expenditures	0.8	-4.5	-4.6	-0.5	-0.46	-0.26
Cash Acquisitions	-35.9	-0.1	-	-	-	2.42
Divestitures	0.1	-	-	-	-	-
Sale (Purchase) of Intangibles	-	-0.4	-0.3	-0.3	-1.71	-1.2
Investment in Securities	-21.6	-20.9	-4.6	-3.7	-5.19	-4.13
Other Investing Activities	0.3	7.4	7.4	-	-	-
Investing Cash Flow	-56.3	-18.5	-2.1	-4.5	-7.36	-3.17
Long-Term Debt Issued	-	200	50	-	-	27.75
Long-Term Debt Repaid	-	-83.7	-34.9	-34.8	-27.64	-58.26
Net Debt Issued (Repaid)	25.5	116.3	15.1	-34.8	-27.64	-30.51
Repurchase of Common Stock	-	-6.6	-18.3	-50	-	-
Common Dividends Paid	-31.9	-31.9	-67.7	-30	-7.57	-
Other Financing Activities	-15	-16.1	-29.3	-3.2	-27.24	-16.65
Financing Cash Flow	-21.4	61.7	-100.2	-118	-62.46	-47.17
Foreign Exchange Rate Adjustments	-0.2	0.2	-	-	-	-
Net Cash Flow	-50.8	28.8	-34.5	29.2	7.85	18.84
Free Cash Flow	27.9	-19.1	63.2	151.2	77.21	68.92
Free Cash Flow Growth	-	-	-58.20%	95.84%	12.03%	29.20%
Free Cash Flow Margin	2.27%	-1.69%	5.54%	13.17%	8.38%	8.09%
Free Cash Flow Per Share	3.06	-2.19	7.43	17.26	9.04	8.68
Cash Interest Paid	24.1	17.7	3.9	3.6	3.22	5.07
Cash Income Tax Paid	3.2	20.6	27.3	16.2	6.51	11.24
Levered Free Cash Flow	-38.08	22.55	54.98	114.99	65.35	62.47
Unlevered Free Cash Flow	-23.01	33.61	57.41	116.8	67.36	65.64
Change in Working Capital	-18.3	-34.7	-11.4	-1.5	0.34	17.48

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