BioGaia 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	416.48	412.47	423.37	443.1	361.46	253.74
Depreciation & Amortization	24.6	24.67	25.55	25.28	23.89	27.24
Other Adjustments	-106.76	-87.65	-25.98	-41.31	-61.77	-56.96
Change in Receivables	-	-	-85.65	3.75	-12.4	-17.97
Changes in Inventories	-	-	31.77	-40.89	-34.13	9.82
Changes in Accounts Payable	-	-	-1.22	17.71	-12.37	-6.15
Changes in Other Operating Activities	6.88	-42.92	5.38	18.31	54.26	12.15
Operating Cash Flow	341.2	306.57	373.22	425.97	318.94	221.88
Operating Cash Flow Growth	-4.72%	-17.86%	-12.38%	33.55%	43.75%	0.28%
Capital Expenditures	-4.11	-3.52	-13.76	-48.57	-17.92	-6.38
Sale of Property, Plant & Equipment	0.26	0.26	0.08	-	-	-
Purchases of Intangible Assets	-0.06	-0.08	-0.4	-0.15	-0.23	-
Purchases of Investments	-	-	-	-2.22	-	-22.23
Payments for Business Acquisitions	-	-	-	-	-	-98.36
Investing Cash Flow	-3.91	-3.34	-14.07	-50.94	-18.14	-126.97
Long-Term Debt Repaid	-6.76	-6.85	-9.36	-10.76	-9.14	-14.7
Net Long-Term Debt Issued (Repaid)	-6.76	-6.85	-9.36	-10.76	-9.14	-14.7
Issuance of Common Stock	-	-	20.82	-	-	4.53
Net Common Stock Issued (Repurchased)	-	-	20.82	-	-	4.53
Common Dividends Paid	-698.02	-698.02	-696.78	-292.85	-301.33	-68.87
Other Financing Activities	-5	-5	-4.4	-4.82	-3.11	-2.8
Financing Cash Flow	-709.78	-709.87	-689.72	-308.42	-313.59	-81.85
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-5.03	-16.03	10.37	-10.78	16.47	3.74
Net Cash Flow	-372.49	-406.64	-330.57	66.61	-12.79	13.06
Free Cash Flow	337.09	303.04	359.46	377.4	301.03	215.5
Free Cash Flow Growth	11.24%	-15.70%	-4.75%	25.37%	39.69%	5.03%
FCF Margin	21.83%	19.70%	25.27%	29.11%	27.27%	27.45%
Free Cash Flow Per Share	3.33	3.00	3.56	3.74	2.98	2.13
Levered Free Cash Flow	273.18	304.14	389.75	326.45	378.37	218.25
Unlevered Free Cash Flow	355.93	304.07	379.93	317.15	315.57	233.75

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.