HydrogenPro ASA Cash Flow Statement

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

Millions NOK. 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	-231.61	-255.47	-200.14	-62.74	-114.46	-57.41
Depreciation & Amortization	21.95	22.21	23.27	22.28	13.99	5.22
Stock-Based Compensation	1.09	1.1	4.39	3.31	8.59	18.53
Other Adjustments	23.97	40.01	-5.75	2.68	1.89	0.34
Change in Receivables	-2.49	18.89	119.87	206.61	-25.37	-9.86
Changes in Inventories	11.59	6.82	-12.95	21.21	-35.46	0
Changes in Accounts Payable	-20.07	-32.4	-28.53	2.34	17.22	-3.89
Changes in Other Operating Activities	10.7	10.92	77.99	30.89	64.23	-0.4
Operating Cash Flow	-156.81	-187.92	-21.86	-186.63	-69.36	-47.46
Capital Expenditures	-16.13	-34.76	-25.12	-19.99	-14.7	-20.79
Purchases of Intangible Assets	-	-	-	-	-	-8.08
Payments for Business Acquisitions	-	-	-	-	-32.45	-17.93
Other Investing Activities	-	-	-	-	-4.72	-31.24
Investing Cash Flow	-16.13	-34.76	-25.12	-19.99	-51.87	-78.05
Issuance of Common Stock	69.87	139.72	84.21	116.86	1.17	1.81
Net Common Stock Issued (Repurchased)	69.87	139.72	84.21	116.86	1.17	1.81
Other Financing Activities	-6.08	-6.01	-6.55	-6.83	-5.18	-0.15
Financing Cash Flow	63.79	133.71	77.66	110.03	-4	1.66
Net Cash Flow	-109.15	-88.97	30.69	-96.49	-125.23	-123.86
Free Cash Flow	-172.94	-222.68	-46.98	-206.62	-84.06	-68.26
FCF Margin	-355.70%	-256.99%	-24.01%	-36.36%	-149.01%	-340.67%
Free Cash Flow Per Share	-1.88	-2.52	-0.69	-3.48	-1.45	-1.19
Levered Free Cash Flow	-207.68	-260.33	-161.42	-7.78	-64.16	-76.3
Unlevered Free Cash Flow	-175.39	54.06	230.33	-1.56	-74.04	-81.35