Nordnet 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	3,055	3,015	2,814	2,579	1,653	1,985
Depreciation & Amortization, Total	109	101	98	92.1	94.1	93
Change in Other Net Operating Assets	10,596	9,392	3,193	-15,248	5,115	11,523
Other Operating Activities	411	-87	-196	-108.9	-446.9	-57.8
Operating Cash Flow	14,296	12,546	6,096	-12,598	6,493	13,612
Capital Expenditures	-52	-42	-49	-36.7	-23.7	-46.1
Sale (Purchase) of Intangibles	-234	-234	-195	-180	-136.9	-121.5
Investment in Securities	-9,920	-8,739	-3,180	14,166	-5,593	-12,033
Other Investing Activities	-1	-	-	-	-	-
Investing Cash Flow	-10,207	-9,015	-3,424	13,949	-5,753	-12,200
Long-Term Debt Repaid	-	-15	-86	-45.2	-1.9	-30.4
Net Debt Issued (Repaid)	-15	-15	-86	-45.2	-1.9	-30.4
Issuance of Common Stock	-	-	-	300	-	600
Repurchase of Common Stock	-501	-604	-798	-	-56.5	-
Common Dividends Paid	-2,024	-2,024	-1,808	-1,148	-1,388	-820
Other Financing Activities	35	120	84	16	17.3	13.6
Financing Cash Flow	-2,505	-2,523	-2,608	-877.5	-1,429	-236.8
Foreign Exchange Rate Adjustments	13	-21	-4	-10	6	15.5
Net Cash Flow	1,595	986	60	463	-682.9	1,191
Free Cash Flow	14,244	12,504	6,047	-12,635	6,470	13,566
Free Cash Flow Growth	-6.57%	106.78%	-	-	-52.31%	14.10%
Free Cash Flow Margin	229.59%	205.25%	105.24%	-249.44%	161.33%	313.00%
Free Cash Flow Per Share	57.08	50.01	24.07	-50.56	25.82	54.02
Cash Interest Paid	560	560	936	801.3	445.9	276.7
Cash Income Tax Paid	706	706	809	482	614.4	350.4

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