Midsummer 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	-36.41	-74.44	-129.45	-222.21	-87.84	-129.51
Depreciation & Amortization	44.19	44.19	36.21	35.58	0.5	21.14
Other Amortization	-	-	-	-	19.02	17.09
Asset Writedown & Restructuring Costs	-	-	27.1	-	0.33	0.19
Other Operating Activities	71.63	19.72	3.22	13.4	-57.33	-0.13
Change in Accounts Receivable	-10.43	-2.08	65.52	78.31	-2.58	54.56
Change in Inventory	20.52	8.76	-11.72	-10.7	9.91	-3.89
Change in Other Net Operating Assets	-22.18	-34.84	0.93	34.57	35.65	-22.83
Operating Cash Flow	67.32	-38.7	-8.2	-71.07	-82.34	-63.39
Capital Expenditures	-31.68	-20.46	-41.9	-43.8	-49.61	-90.35
Sale of Property, Plant & Equipment	-0.08	-	0.12	0.13	-	-
Sale (Purchase) of Intangibles	-19	-19.37	-20.79	-20.23	-20.2	-25
Investing Cash Flow	-50.76	-39.83	-62.57	-63.9	-69.8	-115.35
Long-Term Debt Issued	-	100	14.99	20.01	20	-
Total Debt Issued	30	100	14.99	20.01	20	-
Long-Term Debt Repaid	-	-55.15	-19.41	-35.32	-6.53	-6.9
Total Debt Repaid	26.62	-55.15	-19.41	-35.32	-6.53	-6.9
Net Debt Issued (Repaid)	56.62	44.85	-4.42	-15.31	13.47	-6.9
Issuance of Common Stock	90.83	62.65	67.65	168.04	-	125.87
Other Financing Activities	-28.74	-8.1	-4.5	0.05	-19.03	-
Financing Cash Flow	118.7	99.4	58.73	152.78	-5.56	118.97
Foreign Exchange Rate Adjustments	-	-	-0.02	0.32	0.92	1.31
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-	-
Net Cash Flow	135.26	20.87	-12.06	18.14	-156.77	-58.45
Free Cash Flow	35.64	-59.16	-50.1	-114.86	-131.95	-153.74
Free Cash Flow Margin	16.68%	-36.00%	-96.20%	-231.44%	-179.50%	-128.89%
Free Cash Flow Per Share	0.10	-0.17	-0.24	-1.11	-1.95	-2.59
Cash Interest Paid	26.8	26.8	17.85	5.55	19.68	21.17
Levered Free Cash Flow	-37.49	-74.16	30.27	-159.57	-231.42	-139.06
Unlevered Free Cash Flow	-14.98	-57.41	41.85	-109.76	-219.12	-125.83
Change in Working Capital	-12.1	-28.17	54.73	102.18	42.98	27.84

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