B3 Consulting Group AB Cash Flow Statement

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

Millions SEK. 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	5.4	10.9	83.3	60.5	103.3	45.29
Depreciation & Amortization	30.6	30.6	28.5	21.2	20.6	18.75
Loss (Gain) From Sale of Assets	-	-	-	0.4	-0.2	-2.35
Asset Writedown & Restructuring Costs	1.6	1.6	6	-	-	-
Loss (Gain) on Equity Investments	-	-	-	-	1.6	-
Other Operating Activities	4.9	9.4	-97.7	-2.9	27.9	15.63
Change in Accounts Receivable	22.1	51.7	25.3	13.2	-32.4	-41.73
Change in Other Net Operating Assets	-32.1	-66.6	-60	-24.6	30.9	42.07
Operating Cash Flow	32.5	37.6	-14.6	67.8	151.7	77.66
Operating Cash Flow Growth	162.10%	-	-	-55.31%	95.33%	12.26%
Capital Expenditures	-1.2	-1	-4.5	-4.6	-0.5	-0.46
Cash Acquisitions	-20.1	-35.8	-	-	-	-
Divestitures	0.1	0.1	-	-	-	-
Sale (Purchase) of Intangibles	-1.4	-1.4	-0.4	-0.3	-0.3	-1.71
Investment in Securities	-21.3	-23.1	-20.9	-4.6	-3.7	-5.19
Other Investing Activities	0.3	0.3	7.3	7.4	-	-
Investing Cash Flow	-43.6	-60.9	-18.5	-2.1	-4.5	-7.36
Long-Term Debt Issued	-	50	200	50	-	-
Long-Term Debt Repaid	-	-24.3	-83.7	-34.9	-34.8	-27.64
Net Debt Issued (Repaid)	-24.3	25.7	116.3	15.1	-34.8	-27.64
Repurchase of Common Stock	-	-	-6.6	-18.3	-50	-
Common Dividends Paid	-	-	-31.9	-67.7	-30	-7.57
Other Financing Activities	-5.1	-15.6	-16.1	-29.3	-3.2	-27.24
Financing Cash Flow	-29.4	10.1	61.7	-100.2	-118	-62.46
Foreign Exchange Rate Adjustments	-1.1	-1	0.2	-	-	-
Net Cash Flow	-41.5	-14.2	28.8	-34.5	29.2	7.85
Free Cash Flow	31.3	36.6	-19.1	63.2	151.2	77.21
Free Cash Flow Growth	181.98%	-	-	-58.20%	95.84%	12.03%
Free Cash Flow Margin	2.63%	3.03%	-1.69%	5.54%	13.17%	8.38%
Free Cash Flow Per Share	3.42	4.02	-2.19	7.43	17.26	9.04
Cash Interest Paid	24	24	17.7	3.9	3.6	3.22
Cash Income Tax Paid	8.4	8.4	20.6	27.3	16.2	6.51
Levered Free Cash Flow	-10.09	-15.1	22.85	54.98	114.99	65.35
Unlevered Free Cash Flow	5.48	-0.04	33.91	57.41	116.8	67.36
Change in Working Capital	-10	-14.9	-34.7	-11.4	-1.5	0.34

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