Nordic Aqua Partners Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	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	2019
Net Income	-17.42	-8.23	-5.48	-27.51	-25.51	Upgrade
Depreciation & Amortization	4.18	0.7	0.07	0.17	0	Upgrade
Stock-Based Compensation	0.24	0.16	0.13	-	-	Upgrade
Other Operating Activities	-2.85	1.68	0.41	-	0.52	Upgrade
Change in Accounts Receivable	0.17	-4.52	0.24	-5.26	-0.46	Upgrade
Change in Inventory	-6.5	-7.01	-0.73	-	-	Upgrade
Change in Accounts Payable	4.68	-0.9	2.39	5.53	1.26	Upgrade
Change in Other Net Operating Assets	-0.17	0.9	-0.12	-	-	Upgrade
Operating Cash Flow	-17.67	-17.24	-3.08	-27.07	-24.2	Upgrade
Capital Expenditures	-21.7	-19.49	-21.48	-108.18	-5.43	Upgrade
Sale (Purchase) of Intangibles	-	-	-	-	-9.28	Upgrade
Investing Cash Flow	-21.7	-19.49	-21.48	-108.18	-14.72	Upgrade
Long-Term Debt Issued	11.62	15.43	-	-	-	Upgrade
Long-Term Debt Repaid	-1.19	-	-	-	-	Upgrade
Net Debt Issued (Repaid)	10.43	15.43	-	-	-	Upgrade
Issuance of Common Stock	30.98	35.46	-	-	448.49	Upgrade
Other Financing Activities	-7.36	-1.99	-0.41	-	-18.82	Upgrade
Financing Cash Flow	34.05	48.9	-0.41	-	429.67	Upgrade
Foreign Exchange Rate Adjustments	0.94	-1.44	0.06	13	-0.42	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-	Upgrade
Net Cash Flow	-4.38	10.73	-24.91	-122.24	390.34	Upgrade
Free Cash Flow	-39.37	-36.73	-24.56	-135.24	-29.63	Upgrade
Free Cash Flow Margin	-606.02%	-	-	-	-	Upgrade
Free Cash Flow Per Share	-2.28	-2.46	-2.39	-13.15	-10.10	Upgrade
Cash Interest Paid	2.45	1.48	0.67	4.77	6.47	Upgrade
Levered Free Cash Flow	-33.91	-35.16	-21.61	-119.61	-28.03	Upgrade
Unlevered Free Cash Flow	-32.38	-35	-21.61	-118.84	-25.79	Upgrade
Change in Net Working Capital	2.65	13.44	-2.02	-0.27	-0.79	Upgrade

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.