Betsson AB Cash Flow Statement

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

Millions EUR. 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	153.8	177.4	181.3	177.3	119.6	106.4
Depreciation & Amortization	19.22	19.42	20	16.16	11.64	10.62
Other Amortization	43.58	41.08	39.2	36.04	29.56	25.48
Stock-Based Compensation	3.6	3.6	2.5	1.6	0.3	0.2
Other Operating Activities	11	20	36.6	4.7	0.3	0.5
Change in Accounts Receivable	-24.8	-24.8	-27.1	-16.4	-21.6	2.5
Change in Other Net Operating Assets	-19.1	-21.1	20.4	11	38.9	-2.1
Operating Cash Flow	187.3	215.6	272.9	230.4	178.7	143.6
Operating Cash Flow Growth	-39.44%	-21.00%	18.45%	28.93%	24.44%	4.22%
Capital Expenditures	-7.9	-3.8	-2.3	-3.4	-4.3	-3.1
Cash Acquisitions	21.4	17.6	-37.7	-117.6	-14.8	-21.9
Sale (Purchase) of Intangibles	-60.8	-60.8	-47.7	-38	-31.2	-29
Investment in Securities	-	-5.1	-5.6	-	-0.9	-17.6
Investing Cash Flow	-43.8	-52.1	-93.3	-159	-51.2	-71.6
Long-Term Debt Issued	-	74.2	98.6	73.8	98.6	13.4
Short-Term Debt Repaid	-	-2.2	-3	-8.5	-4.3	-
Long-Term Debt Repaid	-	-85	-109.2	-6.2	-100.6	-26.1
Total Debt Repaid	-88.1	-87.2	-112.2	-14.7	-104.9	-26.1
Net Debt Issued (Repaid)	-13.9	-13	-13.6	59.1	-6.3	-12.7
Repurchase of Common Stock	-32.8	-12.5	-	-59.7	-50.3	-49.7
Common Dividends Paid	-104.8	-104.8	-90.2	-	-	-
Other Financing Activities	-8.1	-7.8	-3.2	0.9	1.9	0.2
Financing Cash Flow	-159.6	-138.1	-107	0.3	-54.7	-62.2
Foreign Exchange Rate Adjustments	-9.7	-11.2	-1.1	-2.9	-0.1	-0.2
Miscellaneous Cash Flow Adjustments	-0.1	-	-0.1	-	-	-
Net Cash Flow	-25.9	14.2	71.4	68.8	72.7	9.6
Free Cash Flow	179.4	211.8	270.6	227	174.4	140.5
Free Cash Flow Growth	-41.73%	-21.73%	19.21%	30.16%	24.13%	5.68%
Free Cash Flow Margin	15.09%	17.69%	24.45%	23.94%	22.44%	21.36%
Free Cash Flow Per Share	1.29	1.52	1.95	1.66	1.27	1.03
Cash Income Tax Paid	54	50.4	26.9	20.5	9.8	5.8
Levered Free Cash Flow	115.5	128.32	153.86	132.94	103.43	90.74
Unlevered Free Cash Flow	123.24	136.81	165.97	140.95	107.97	93.48
Change in Working Capital	-43.9	-45.9	-6.7	-5.4	17.3	0.4

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