Salmon Evolution ASA (OSL:SALME)

Salmon Evolution ASA Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-171.6	-47.41	-145.77	-32.73	-26.45
Depreciation & Amortization	84.47	76.14	46.73	6.19	2.23
Stock-Based Compensation	-1.83	0.73	2.44	3.2	1.62
Other Operating Activities	29.19	32.18	35.24	-30.21	-4.82
Change in Accounts Receivable	67.6	-50.03	-15.61	-22.7	-0.38
Change in Inventory	-41.44	-32.21	-81.14	-34.08	-1.7
Change in Accounts Payable	-4.94	65.58	12.33	2.05	-0.68
Change in Other Net Operating Assets	-20.51	-1.66	21.34	32.14	-36.53
Operating Cash Flow	-59.05	43.33	-124.45	-76.12	-66.71
Capital Expenditures	-1,260	-350.96	-372.14	-763.5	-797.96
Cash Acquisitions	-	-	-	-	-27.25
Sale (Purchase) of Intangibles	-3.96	-12.18	-7.2	-3.61	-0.88
Investment in Securities	-	-	-	-	-26.78
Other Investing Activities	12	20.58	40.9	-29.02	98.32
Investing Cash Flow	-1,252	-342.56	-338.44	-796.13	-754.55
Long-Term Debt Issued	1,153	50.19	104.88	356.25	202.6
Long-Term Debt Repaid	-13.37	-6.25	-	-13.34	-40.8
Net Debt Issued (Repaid)	1,140	43.93	104.88	342.92	161.8
Issuance of Common Stock	-	380.58	549.02	307.81	517.87
Other Financing Activities	-94.58	-82.21	-83.38	-5.25	-0.67
Financing Cash Flow	1,045	342.3	570.52	645.47	679
Miscellaneous Cash Flow Adjustments	0	-	-	-	-
Net Cash Flow	-266.02	43.07	107.64	-226.79	-142.26
Free Cash Flow	-1,320	-307.63	-496.58	-839.62	-864.67
Free Cash Flow Margin	-404.73%	-65.23%	-294.84%	-1760.91%	-7176.87%
Free Cash Flow Per Share	-2.85	-0.70	-1.27	-2.49	-2.97
Cash Interest Paid	94.58	51.06	35.57	15.08	11.98
Levered Free Cash Flow	-1,266	-300.11	-547.22	-864.17	-807.1
Unlevered Free Cash Flow	-1,248	-266.84	-526.02	-862.29	-806.47
Change in Working Capital	0.72	-18.31	-63.08	-22.58	-39.3

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.