Doxa 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	-335.4	-1,723	291.9	-39.9	76.2
Depreciation & Amortization	99.1	10	2	0.1	0.8
Other Amortization	-	-	-	-	0.8
Loss (Gain) From Sale of Investments	-	1,221	-302.1	10.3	-110.4
Other Operating Activities	-8.6	436.2	-23.3	-7.7	-0.8
Change in Accounts Receivable	563.9	-15.2	-7.5	0.3	3.6
Change in Inventory	333.9	-	-	-	3
Change in Other Net Operating Assets	-386.8	8	1.2	-1.6	8.2
Operating Cash Flow	266.1	-63.2	-37.8	-38.5	-18.6
Capital Expenditures	-	-0.4	-	-0.9	-
Investment in Securities	-6.7	-834.5	-205	-266.4	-392.9
Other Investing Activities	298.8	-	-0.1	-	-
Investing Cash Flow	292.1	-834.9	-205.1	-267.3	-392.9
Long-Term Debt Issued	625	300	50	0.3	-
Total Debt Issued	625	300	50	0.3	-
Long-Term Debt Repaid	-1,163	-200	-	-0.1	-0.7
Total Debt Repaid	-1,163	-200	-	-0.1	-0.7
Net Debt Issued (Repaid)	-537.7	100	50	0.2	-0.7
Issuance of Common Stock	-	707.7	244.7	350.5	422.8
Repurchase of Common Stock	-2.9	-	-	-	-
Financing Cash Flow	-540.6	807.7	294.7	350.7	422.1
Miscellaneous Cash Flow Adjustments	-36	49.1	0.1	-	-
Net Cash Flow	-18.4	-41.3	51.9	44.9	10.6
Free Cash Flow	266.1	-63.6	-37.8	-39.4	-18.6
Free Cash Flow Margin	1310.84%	-410.32%	-381.82%	-757.69%	-170.64%
Free Cash Flow Per Share	0.21	-0.07	-0.10	-0.14	-0.16
Cash Interest Paid	38.8	17.3	-	-	0.1
Cash Income Tax Paid	3.6	-	-	-	0.1
Levered Free Cash Flow	2,296	-5,106	-107.85	-29.21	-15.85
Unlevered Free Cash Flow	2,335	-5,092	-106.54	-29.15	-15.79
Change in Working Capital	511	-7.2	-6.3	-1.3	14.8

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.