Nelly Group AB (publ) (STO:NELLY)

Nelly Group AB Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	124.2	168.5	83.4	-1.5	-71.7	-47.8
Depreciation & Amortization	50.6	44.2	41.6	37.9	36.3	27.5
Other Amortization	14.5	14.5	10.9	10.6	7.7	7.6
Loss (Gain) From Sale of Assets	-	-	-	1.2	-0.1	1.8
Stock-Based Compensation	-	-	-	-	-	0.5
Other Operating Activities	-10.5	-17.3	4.1	-0.5	5.2	3.6
Change in Accounts Receivable	6	6	7.1	12.7	-21.2	28.8
Change in Inventory	-39.1	-39.1	-20.4	73.3	-20.6	-13.2
Change in Accounts Payable	-4.4	-4.4	-4.9	-52.8	-1.1	0.5
Change in Other Net Operating Assets	-48.2	-49.3	32.8	-21.6	0.5	9.4
Operating Cash Flow	93.1	123.1	154.6	59.3	-65	18.7
Operating Cash Flow Growth	-35.39%	-20.38%	160.71%	-	-	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-8.1	-11.5	-1.2	-8.2	-0.5	-11.2
Divestitures	-	-	-	-	-	0.2
Sale (Purchase) of Intangibles	-20.6	-20.6	-21.2	-14.7	-10.6	-11.9
Investing Cash Flow	-28.7	-32.1	-22.4	-22.9	-11.1	-22.9

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Repaid	-	-34.1	-31.5	-27.6	-25.1	-23.1
Lease Payments	-40	-34.1	-31.5	-27.6	-25.1	-23.1
Net Debt Issued (Repaid)	-40	-34.1	-31.5	-27.6	-25.1	-23.1
Issuance of Common Stock	-	-	-	47.4	-	-
Common Dividends Paid	-	-	-24.9	-	-	-
Other Financing Activities	-	-	-	-2	0.1	-6.1
Financing Cash Flow	-70	-34.1	-56.4	17.8	-25	-29.2

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	0.4	-	-	0.1	0.3	0.8
Miscellaneous Cash Flow Adjustments	-0.1	-	-	-	0.1	-
Net Cash Flow	-5.3	56.9	75.8	54.3	-100.7	-32.6

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	85	111.6	153.4	51.1	-65.5	7.5
Free Cash Flow Growth	-41.26%	-27.25%	200.20%	-	-	-
Free Cash Flow Margin	6.68%	8.83%	14.02%	4.82%	-5.04%	0.53%
Free Cash Flow Per Share	2.83	3.72	5.12	1.96	-3.63	0.42
Levered Free Cash Flow	73.03	69.09	54.08	38.19	-47.15	16.7
Unlevered Free Cash Flow	80.96	77.4	64.95	49.06	-38.96	20.89
Free Cash Flow After Leases	45	77.5	121.9	23.5	-90.6	-15.6

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	13.4	13.4	17.3	17.4	13.1	6.7
Cash Income Tax Paid	0.1	0.1	-0.8	2.1	-0.7	-1.2
Change in Working Capital	-85.7	-86.8	14.6	11.6	-42.4	25.5

Data Source: S&P Global Market Intelligence Last updated: Oct 22, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 28, 2026

Data Sources Report a data error