Camurus AB Cash Flow Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	873.93	469.17	525.9	71.96	-110.57
Depreciation & Amortization	25.01	14.64	13.99	12.94	-
Stock-Based Compensation	-2.59	34.83	102.72	39.31	-
Other Adjustments	51.61	127.1	121.05	46.88	20.47
Change in Receivables	-58.07	-221.91	-88.49	-77.7	-92.61
Changes in Inventories	27.71	-39.03	5.86	0.37	4.15
Changes in Accounts Payable	-9.87	18.35	13.55	32.12	32.15
Changes in Accrued Expenses	-17.45	37.49	24.64	27.57	2.99
Operating Cash Flow	869.3	387.99	606.88	101.2	-143.43
Operating Cash Flow Growth	124.05%	-36.07%	499.69%	-	-
Capital Expenditures	-137.88	-27.61	-9.19	-1.91	-3.99
Purchases of Intangible Assets	-0.64	-1.76	-0.94	7.29	-0.95
Investing Cash Flow	-138.52	-29.37	-10.13	5.38	-4.94
Long-Term Debt Repaid	-18.11	-10.62	-9.52	-7.79	-7.14
Net Long-Term Debt Issued (Repaid)	-18.11	-10.62	-9.52	-7.79	-7.14
Issuance of Common Stock	176.52	1,312	32.69	58.49	106.05
Repurchase of Common Stock	-0.08	-0.08	-	-	-
Net Common Stock Issued (Repurchased)	176.45	1,311	32.69	58.49	106.05
Other Financing Activities	-0.04	-0.16	5.59	-7	-
Financing Cash Flow	158.3	1,301	28.76	43.71	98.9
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-15.81	3.57	-1.21	3.68	-0.75
Net Cash Flow	889.08	1,659	625.51	150.29	-49.47
Free Cash Flow	731.42	360.38	597.69	99.29	-147.42
Free Cash Flow Growth	102.96%	-39.70%	501.94%	-	-
FCF Margin	32.29%	19.30%	34.81%	10.38%	-24.55%
Free Cash Flow Per Share	12.19	6.06	10.40	1.74	-2.62
Levered Free Cash Flow	604.97	421.61	470.76	118.86	-62.29
Unlevered Free Cash Flow	576.45	367.6	461.9	125.75	-54.19

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.