ES Energy Save Holding AB Cash Flow Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Apr '24 Apr 30, 2024	Dec '23 Dec 31, 2023	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022
Net Income	-28.85	-16.79	-25.43	-35.89	32.87	1.46
Depreciation & Amortization	2.37	1.59	0.77	5.61	0.32	0.29
Other Amortization	4.77	4.77	5.01	-	4.46	2.8
Asset Writedown & Restructuring Costs	-	-	-	-	-	0
Other Operating Activities	-11.78	-7.91	-16.91	-22.71	-0.44	-1.28
Change in Accounts Receivable	60.96	51.74	-27.86	10.52	-4.39	-15.48
Change in Inventory	8.32	18.17	-7.89	-22.56	-66.23	-19
Change in Accounts Payable	-34.78	-34.72	9.31	-14.23	13.31	20.84
Change in Other Net Operating Assets	19.84	6.47	6.18	23.75	4.27	-1.02
Operating Cash Flow	20.84	23.32	-56.82	-55.51	-15.84	-11.39
Capital Expenditures	-15.38	-20.9	-13.17	-9.74	-7.39	-3.78
Sale (Purchase) of Intangibles	-0.23	-	-0.13	0.35	-0.1	-0.29
Investment in Securities	-79.72	-	78.93	1.96	-97.6	-
Other Investing Activities	-	-	-	0	-0	-
Investing Cash Flow	-94.83	-20.9	67.16	-5.13	-106.87	-4.07
Short-Term Debt Issued	-	-	4.76	-	-	5.3
Long-Term Debt Issued	-	-	13	-	5.34	4
Total Debt Issued	35.51	8.26	17.76	37	5.34	9.3
Short-Term Debt Repaid	-	-	-	-	-4.09	-
Long-Term Debt Repaid	-	-	-6.35	-	-15.42	-1.85
Total Debt Repaid	-24.24	-7.68	-6.35	-9.3	-19.5	-1.85
Net Debt Issued (Repaid)	11.27	0.58	11.41	27.7	-14.16	7.45
Issuance of Common Stock	-	-	1.65	2.47	144.68	22.14
Other Financing Activities	0	-	-	0	-	-
Financing Cash Flow	11.27	0.58	13.05	30.17	130.51	29.59
Miscellaneous Cash Flow Adjustments	0	0	-	-0	-0	-
Net Cash Flow	-62.71	3	23.39	-30.48	7.8	14.14
Free Cash Flow	5.46	2.42	-69.99	-65.25	-23.23	-15.17
Free Cash Flow Margin	3.17%	0.96%	-38.44%	-50.79%	-7.67%	-13.61%
Free Cash Flow Per Share	0.83	0.37	-10.63	-9.91	-3.55	-2.61
Cash Interest Paid	0.93	1.37	1.64	1.43	1.02	0.72
Cash Income Tax Paid	9.02	9.02	1.18	3.61	9.16	-0.36
Levered Free Cash Flow	-	-12.04	-54.61	-	-25.85	-16.99
Unlevered Free Cash Flow	-	-11.19	-53.58	-	-25.21	-16.53
Change in Working Capital	54.34	41.65	-20.26	-2.52	-53.04	-14.66

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