RaySearch Laboratories AB Cash Flow Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	227.8	203.5	81.57	23.78	-47.32
Depreciation & Amortization	103.4	112.1	113.55	104.8	83.38
Other Amortization	187.8	187.2	172.61	192.2	166.73
Other Operating Activities	9.8	7.7	26.82	-6.11	-17.18
Change in Accounts Receivable	-71.4	-23.9	31.78	-66.04	17.05
Change in Other Net Operating Assets	-70.4	-1.4	29.61	72.03	35.5
Operating Cash Flow	387	485.2	455.93	320.66	238.16
Operating Cash Flow Growth	-20.24%	6.42%	42.19%	34.64%	-28.16%
Capital Expenditures	-28.1	-13.3	-24.3	-13.4	-51.97
Sale (Purchase) of Intangibles	-200	-204.3	-185.04	-187.99	-203.25
Other Investing Activities	-	0.1	-	-	17.59
Investing Cash Flow	-228.1	-217.5	-209.33	-201.38	-237.63
Short-Term Debt Issued	-	-	-	-	21.27
Total Debt Issued	-	-	-	-	21.27
Short-Term Debt Repaid	-	-	-	-21.27	-
Long-Term Debt Repaid	-76.7	-91.2	-56.35	-51.22	-93.5
Total Debt Repaid	-76.7	-91.2	-56.35	-72.49	-93.5
Net Debt Issued (Repaid)	-76.7	-91.2	-56.35	-72.49	-72.23
Common Dividends Paid	-102.8	-68.6	-	-	-
Other Financing Activities	-0.1	-	-	-	-
Financing Cash Flow	-179.6	-159.8	-56.35	-72.49	-72.23
Foreign Exchange Rate Adjustments	-34.8	11.2	-6.84	10.95	5.49
Miscellaneous Cash Flow Adjustments	0.1	-0.1	-	-	-
Net Cash Flow	-55.4	119	183.41	57.73	-66.21
Free Cash Flow	358.9	471.9	431.64	307.26	186.19
Free Cash Flow Growth	-23.95%	9.33%	40.48%	65.03%	-38.31%
Free Cash Flow Margin	26.70%	39.59%	42.23%	36.42%	29.02%
Free Cash Flow Per Share	10.47	13.77	12.59	8.96	5.43
Cash Interest Paid	7.9	6.6	9.61	11.47	6.04
Cash Income Tax Paid	93.1	8.9	16.37	13.82	-17.65
Levered Free Cash Flow	88.53	219.06	178.09	162.98	56.54
Unlevered Free Cash Flow	93.4	224.68	184.14	170.15	60.32
Change in Working Capital	-141.8	-25.3	61.39	6	52.55

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.