BW Energy Limited (OSL:BWE)

Norway · Delayed Price · Currency is NOK

51.90

+0.50 (0.97%)

Jul 31, 2026, 4:25 PM CET

BW Energy Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	83.4	112.4	153.3	75.6	47.4	54.2
Depreciation & Amortization	206.6	197.7	180.9	99.5	60.1	62.1
Stock-Based Compensation	2	2.1	1.5	1.3	1.1	0.4
Other Adjustments	21.1	6.7	34.2	5.7	0.9	-15.3
Changes in Other Operating Activities	61.5	-3.9	-22.2	-1.1	59	7.5
Operating Cash Flow	374.6	315	347.7	181	168.5	108.9
Operating Cash Flow Growth	-11.78%	-9.40%	92.10%	7.42%	54.73%	120.00%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Capital Expenditures	-496.6	-334.8	-306.6	-273.4	-182	-40.7
Purchases of Intangible Assets	-	-110.5	-34.7	-61.6	-57.9	-80.5
Purchases of Investments	-3.3	-5.3	-15.9	-	-	-
Other Investing Activities	13.7	16.3	-23.4	8.3	1.7	0.7
Investing Cash Flow	-486.2	-434.3	-380.6	-326.7	-238.2	-120.5

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Long-Term Debt Issued	641.3	414.7	360	209	171	-
Long-Term Debt Repaid	-327.1	-257.2	-218.5	-48.2	-31.6	-31.7
Net Long-Term Debt Issued (Repaid)	314.2	157.5	141.5	160.8	139.4	-31.7
Issuance of Common Stock	-	-	-	-	-	75
Net Common Stock Issued (Repurchased)	-	-	-	-	-	75
Other Financing Activities	-104.3	-109.5	-81	-31.7	-9.8	-1.4
Financing Cash Flow	172.7	48	60.5	129.1	129.6	41.9

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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 Cash Flow	61.1	-71.3	27.6	-16.6	59.9	30.3

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	-122	-19.8	41.1	-92.4	-13.5	68.2
Free Cash Flow Growth	-	-	-	-	-	-
FCF Margin	-15.40%	-2.48%	5.17%	-18.21%	-4.86%	25.12%
Free Cash Flow Per Share	-0.47	-0.08	0.16	-0.36	-0.05	0.27
Levered Free Cash Flow	185.6	149.6	159.5	66.8	121.5	49.2
Unlevered Free Cash Flow	-109.13	12.52	51.45	-81.7	-12.37	86.52