Midsummer AB (publ) (STO:MIDS)

Midsummer AB Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-110.33	-129.45	-222.21	-87.84	-129.51	-92.3
Depreciation & Amortization	16.91	36.21	35.58	0.5	21.14	21.37
Other Amortization	-	-	-	19.02	17.09	9.8
Asset Writedown & Restructuring Costs	27.1	27.1	-	0.33	0.19	-9.33
Other Operating Activities	-26.65	3.22	13.4	-57.33	-0.13	-2.11
Change in Accounts Receivable	-31.52	65.52	78.31	-2.58	54.56	-24.85
Change in Inventory	16.4	-11.72	-10.7	9.91	-3.89	-2.95
Change in Other Net Operating Assets	29.96	0.93	34.57	35.65	-22.83	20.68
Operating Cash Flow	-78.13	-8.2	-71.07	-82.34	-63.39	-79.69
Capital Expenditures	-8.83	-41.9	-43.8	-49.61	-90.35	-29.08
Sale of Property, Plant & Equipment	0.2	0.12	0.13	-	-	-
Sale (Purchase) of Intangibles	-19.8	-20.79	-20.23	-20.2	-25	-23.92
Other Investing Activities	-0	-	-	-	-	-
Investing Cash Flow	-28.43	-62.57	-63.9	-69.8	-115.35	-53
Long-Term Debt Issued	-	14.99	20.01	20	-	-
Total Debt Issued	70	14.99	20.01	20	-	-
Long-Term Debt Repaid	-	-19.41	-35.32	-6.53	-6.9	-9.37
Total Debt Repaid	-102.48	-19.41	-35.32	-6.53	-6.9	-9.37
Net Debt Issued (Repaid)	-32.48	-4.42	-15.31	13.47	-6.9	-9.37
Issuance of Common Stock	130.85	65.99	168.04	-	125.87	247.96
Other Financing Activities	-6.3	-2.84	0.05	-19.03	-	-
Financing Cash Flow	92.07	58.73	152.78	-5.56	118.97	238.59
Foreign Exchange Rate Adjustments	-	-0.02	0.32	0.92	1.31	0.7
Miscellaneous Cash Flow Adjustments	-	-	-	-	-	-0
Net Cash Flow	-14.49	-12.06	18.14	-156.77	-58.45	106.6
Free Cash Flow	-86.96	-50.1	-114.86	-131.95	-153.74	-108.78
Free Cash Flow Margin	-74.26%	-96.20%	-231.44%	-179.50%	-128.89%	-113.88%
Free Cash Flow Per Share	-0.30	-0.24	-1.11	-1.95	-2.59	-3.12
Cash Interest Paid	-	-	-	19.68	21.17	18.62
Levered Free Cash Flow	-67.37	4.78	-159.57	-231.42	-139.06	-75.48
Unlevered Free Cash Flow	-36.24	31.11	-109.76	-219.12	-125.83	-63.84
Change in Working Capital	14.84	54.73	102.18	42.98	27.84	-7.12

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.