Subgen AI 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
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-50.76	-50.92	3.93	-95.38
Depreciation & Amortization	11.99	4.47	24.12	5.93
Other Amortization	20.11	20.11	-	6.55
Loss (Gain) From Sale of Assets	-	-	0.67	-
Asset Writedown & Restructuring Costs	-	-	2.42	29
Loss (Gain) From Sale of Investments	0.59	0.59	-9.92	-
Other Operating Activities	91.64	109.43	31.66	8.69
Change in Accounts Receivable	14	6.96	0.97	-39.4
Change in Inventory	-10.53	-11.55	0.27	-5.56
Change in Accounts Payable	-16.32	-17.15	-10.48	54.36
Change in Other Net Operating Assets	23.71	-	-	-5.17
Operating Cash Flow	84.42	61.94	43.64	-40.99
Operating Cash Flow Growth	54.72%	41.93%	-	-
Capital Expenditures	-10.55	-9.17	-15.7	-0.65
Divestitures	-	-	-	10.06
Sale (Purchase) of Intangibles	-34.93	-44.65	-78.12	-7.92
Investment in Securities	-	-	-	-6.96
Investing Cash Flow	-36.39	-53.81	-93.82	-5.47
Long-Term Debt Issued	-	-	-	29.39
Long-Term Debt Repaid	-	-	-	-0.82
Net Debt Issued (Repaid)	-36.8	-	-	28.58
Issuance of Common Stock	74.79	80.42	22.04	50.02
Other Financing Activities	-3.2	-14.91	-5.55	-
Financing Cash Flow	34.79	65.52	16.49	78.6
Foreign Exchange Rate Adjustments	-7.07	-8.59	-2.19	-
Miscellaneous Cash Flow Adjustments	-63.41	-63.41	2.88	-
Net Cash Flow	12.34	1.64	-33	32.14
Free Cash Flow	73.87	52.77	27.94	-41.63
Free Cash Flow Growth	83.38%	88.86%	-	-
Free Cash Flow Margin	35.09%	25.82%	13.71%	-43.51%
Free Cash Flow Per Share	0.07	0.42	0.24	-1.31
Cash Interest Paid	-	-	-	2.72
Cash Income Tax Paid	4.14	7.21	1.17	-
Levered Free Cash Flow	-	-86.6	-44.83	-
Unlevered Free Cash Flow	-	-76.15	-38.85	-
Change in Working Capital	10.86	-21.73	-9.24	4.23