TagMaster AB Cash Flow Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	21.19	4.66	13.68	24.15	5.86	-20.37
Depreciation & Amortization	18.4	23.16	20.25	17.9	14.11	14.71
Other Amortization	15.49	9.47	12.74	12.37	10.43	8.31
Other Operating Activities	-0.8	1.11	-1.77	-36.13	3.14	6.81
Change in Accounts Receivable	-0.28	-0.79	5.67	-12.02	0.43	8.35
Change in Inventory	4.19	27.25	-8.2	-10.64	5.67	10.2
Change in Other Net Operating Assets	-4.36	-6.23	-13.92	-2.32	-13.39	-0.57
Operating Cash Flow	53.83	58.64	28.45	-6.69	26.25	27.44
Operating Cash Flow Growth	5.59%	106.08%	-	-	-4.34%	611.86%
Capital Expenditures	-1.52	-0.87	-0.96	-1.38	-1.27	-0.54
Cash Acquisitions	-63.99	-63.73	-51.46	-	-32.29	1.96
Sale (Purchase) of Intangibles	-	-	-	-	-	-3.17
Other Investing Activities	-0.66	-	0.92	0.1	-0.04	0.25
Investing Cash Flow	-66.16	-64.61	-51.5	-1.28	-33.6	-1.5
Short-Term Debt Issued	-	8.13	2.37	9.86	-	-
Long-Term Debt Issued	-	45.58	36.47	-	27.73	7.67
Total Debt Issued	53.7	53.7	38.85	9.86	27.73	7.67
Short-Term Debt Repaid	-	-	-	-	-4.4	-2.08
Long-Term Debt Repaid	-	-27.61	-26.88	-24.9	-18.38	-15.45
Total Debt Repaid	-45.87	-27.61	-26.88	-24.9	-22.78	-17.53
Net Debt Issued (Repaid)	7.83	26.1	11.96	-15.04	4.95	-9.86
Other Financing Activities	-0.27	-	-	-	-	-
Financing Cash Flow	7.56	26.1	11.96	-15.04	4.95	-9.86
Foreign Exchange Rate Adjustments	-1.94	1.71	-0.08	5.71	4.14	-5.58
Net Cash Flow	-6.71	21.84	-11.16	-17.3	1.73	10.49
Free Cash Flow	52.31	57.77	27.5	-8.06	24.98	26.89
Free Cash Flow Growth	4.05%	110.08%	-	-	-7.11%	922.55%
Free Cash Flow Margin	11.04%	13.73%	6.79%	-2.24%	7.61%	9.28%
Free Cash Flow Per Share	3.61	3.94	1.88	-0.55	1.71	1.84
Cash Interest Paid	7.54	6.35	4.28	2.99	2.48	3.33
Cash Income Tax Paid	-	-0.6	0.13	1.04	-	-0.35
Levered Free Cash Flow	34.84	42.1	3.45	9.79	11.65	48.08
Unlevered Free Cash Flow	39.7	45.97	5.97	11.02	12.82	50.3
Change in Working Capital	-0.45	20.24	-16.44	-24.98	-7.3	17.98

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.