Sats ASA (OSL:SATS)
Norway · Delayed Price · Currency is NOK 45.65
-0.15 (-0.33%)
Nov 13, 2026, 4:25 PM CET
Sats ASA Cash Flow Statement
Financials in millions NOK. Fiscal year is January - December.
Millions NOK. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 556 | 474 | 326 | 224 | -246 | -452 |
Depreciation & Amortization | 1,117 | 1,167 | 1,140 | 1,126 | 1,048 | 987 |
Other Amortization | 85 | 50 | 58 | 52 | 72 | 55 |
Loss (Gain) From Sale of Assets | -1 | -2 | -1 | -1 | 9 | 3 |
Other Operating Activities | 309 | 328 | 394 | 379 | 243 | 196 |
Change in Accounts Receivable | 15 | -1 | -23 | -11 | -8 | 3 |
Change in Inventory | -5 | -8 | 1 | 2 | - | -9 |
Change in Accounts Payable | -56 | -78 | 49 | 13 | -21 | 18 |
Change in Other Net Operating Assets | 65 | 152 | 9 | -26 | -15 | 119 |
Operating Cash Flow | 2,085 | 2,082 | 1,953 | 1,758 | 1,082 | 920 |
Operating Cash Flow Growth | 1.46% | 6.60% | 11.09% | 62.48% | 17.61% | -17.34% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -220 | -309 | -287 | -167 | -256 | -130 |
Sale of Property, Plant & Equipment | 2 | 3 | 2 | 1 | 1 | 1 |
Cash Acquisitions | - | - | - | - | -49 | -9 |
Sale (Purchase) of Intangibles | -22 | - | - | - | - | -102 |
Other Investing Activities | -12 | -12 | 3 | -6 | -9 | - |
Investing Cash Flow | -252 | -318 | -282 | -172 | -313 | -240 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | - | 85 | 113 | - | 200 | 200 |
Long-Term Debt Repaid | - | -1,077 | -1,397 | -1,235 | -1,161 | -802 |
Lease Payments | -977 | -992 | -962 | -947 | -852 | -800 |
Net Debt Issued (Repaid) | -977 | -992 | -1,284 | -1,235 | -961 | -602 |
Issuance of Common Stock | 30 | 49 | 5 | 14 | 604 | 11 |
Repurchase of Common Stock | -462 | -267 | - | -21 | - | - |
Common Dividends Paid | -271 | -127 | - | - | - | - |
Other Financing Activities | -255 | -278 | -301 | -345 | -324 | -286 |
Financing Cash Flow | -1,935 | -1,615 | -1,580 | -1,587 | -681 | -877 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Foreign Exchange Rate Adjustments | 16 | -7 | -2 | -63 | -24 | 22 |
Miscellaneous Cash Flow Adjustments | -1 | - | - | 1 | - | - |
Net Cash Flow | -87 | 142 | 89 | -63 | 64 | -175 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 1,865 | 1,773 | 1,666 | 1,591 | 826 | 790 |
Free Cash Flow Growth | 11.01% | 6.42% | 4.71% | 92.62% | 4.56% | -10.53% |
Free Cash Flow Margin | 32.85% | 32.18% | 32.90% | 33.61% | 20.23% | 24.33% |
Free Cash Flow Per Share | 9.44 | 8.73 | 8.11 | 7.80 | 4.20 | 4.62 |
Levered Free Cash Flow | 1,414 | 1,414 | 1,299 | 1,157 | 669.25 | 605.38 |
Unlevered Free Cash Flow | 1,588 | 1,599 | 1,487 | 1,377 | 827.38 | 783.5 |
Free Cash Flow After Leases | 888 | 781 | 704 | 644 | -26 | -10 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Cash Interest Paid | 282 | 293 | 310 | 347 | 309 | 296 |
Cash Income Tax Paid | 143 | 90 | 24 | 4 | 23 | 32 |
Change in Working Capital | 19 | 65 | 36 | -22 | -44 | 131 |