Observe Medical ASA Cash Flow Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 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	-52.33	-58.73	-135.1	-50.8	-26.32	-36.87
Depreciation & Amortization	10.43	12.3	11.83	8.97	1.27	1.89
Other Amortization	3.44	2.08	2.33	1.96	2.2	1.28
Loss (Gain) From Sale of Assets	0.07	-0.06	-	-0.32	-0.01	-
Asset Writedown & Restructuring Costs	6.71	2.68	67.11	-	-	-
Other Operating Activities	-1.95	2.09	14.47	-6.69	-6.34	8.68
Change in Accounts Receivable	-1.44	1.8	0.52	-1.91	-2.1	-0.83
Change in Inventory	2.39	1.56	1.23	-0.29	0.15	-1.84
Change in Accounts Payable	13.99	8.85	13.17	-2.25	9.03	6.05
Operating Cash Flow	-18.68	-27.43	-24.45	-51.33	-22.13	-21.64
Capital Expenditures	-1.52	-1.84	-8.02	-1.4	-0.22	-1.24
Sale of Property, Plant & Equipment	-0.39	0.79	0.39	0.56	-	-
Cash Acquisitions	-	-	-	-54	-	-6.84
Sale (Purchase) of Intangibles	-	-	-	-3.52	-4.67	-
Investing Cash Flow	-1.91	-1.05	-7.63	-58.37	-4.89	-8.08
Short-Term Debt Issued	-	-	-	-	6.51	-
Long-Term Debt Issued	-	-	5	-	10	6.9
Total Debt Issued	2.2	-	5	-	16.51	6.9
Short-Term Debt Repaid	-	-	-	-13.86	-	-
Long-Term Debt Repaid	-	-2.88	-1.71	-20.79	-0.43	-0.12
Total Debt Repaid	-	-2.88	-1.71	-34.66	-0.43	-0.12
Net Debt Issued (Repaid)	2.2	-2.88	3.29	-34.66	16.08	6.78
Issuance of Common Stock	22.92	22.92	33.43	155.6	-	46.36
Other Financing Activities	-3.28	-3.28	-4.98	-	-0	-4.97
Financing Cash Flow	21.84	16.76	31.74	120.94	16.08	48.17
Foreign Exchange Rate Adjustments	-0.99	0.03	0.38	-0.46	-5.15	0.01
Miscellaneous Cash Flow Adjustments	-0	-0	-	0	0	-
Net Cash Flow	0.26	-11.7	0.04	10.78	-16.08	18.46
Free Cash Flow	-20.21	-29.27	-32.47	-52.74	-22.34	-22.88
Free Cash Flow Margin	-113.33%	-158.38%	-116.21%	-270.16%	-92.94%	-772.71%
Free Cash Flow Per Share	-1.10	-1.92	-8.45	-16.77	-17.09	-20.71
Cash Income Tax Paid	0.21	-	-0.04	0.14	0.19	-
Levered Free Cash Flow	-10.74	-34.32	-3.19	-26.39	-16.06	-17.6
Unlevered Free Cash Flow	-3.91	-28.35	0.96	-24	-13.98	-16.02
Change in Working Capital	14.95	12.21	14.91	-4.45	7.07	3.38

Source: S&P Global Market Intelligence. Standard template. Financial Sources.