Modelon 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	-31.44	-32.64	-59.45	-55.6	-64.83	-28.5
Depreciation & Amortization	0.78	0.78	0.99	1.14	0.93	0.81
Loss (Gain) From Sale of Assets	0.03	0.03	0.02	0.01	0.05	-
Stock-Based Compensation	0.17	0.17	0.1	0.11	0.12	-
Other Operating Activities	0.19	2.59	-1.63	0.72	1.66	-13.8
Change in Accounts Receivable	2.26	15.86	-9.74	-0.15	-1.95	17.54
Change in Other Net Operating Assets	-14.48	-24.28	22.03	1.57	8.4	4.63
Operating Cash Flow	-42.5	-37.5	-47.68	-52.2	-55.62	-19.31
Capital Expenditures	-0.3	-0.2	-0.44	-0.29	-2.72	-0.16
Sale (Purchase) of Intangibles	-	-	-	-	-	-0.02
Investing Cash Flow	-0.3	-0.2	-0.44	-0.29	-2.72	-0.18
Issuance of Common Stock	20	20	56.81	-	-	150
Other Financing Activities	-0.37	-0.37	-5.2	-0.02	-0.05	-12.26
Financing Cash Flow	19.63	19.63	51.61	-0.02	-0.05	137.74
Foreign Exchange Rate Adjustments	-1.01	-2.51	0.15	-0.36	0.84	0.89
Net Cash Flow	-24.37	-20.57	3.63	-52.87	-57.54	119.14
Free Cash Flow	-42.79	-37.69	-48.12	-52.49	-58.33	-19.47
Free Cash Flow Margin	-64.66%	-52.73%	-57.55%	-66.45%	-86.31%	-28.28%
Free Cash Flow Per Share	-	-2.15	-3.43	-4.77	-5.29	-1.77
Cash Interest Paid	0.08	0.08	0.35	0.1	0.1	0.1
Cash Income Tax Paid	0.47	0.47	0.17	0.1	-0.2	1.19
Levered Free Cash Flow	-14.36	-27.55	-26.63	-32.55	-34.65	-4.96
Unlevered Free Cash Flow	-14.36	-27.5	-26.41	-32.48	-34.58	-4.9
Change in Working Capital	-12.23	-8.43	12.29	1.42	6.45	22.17

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