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 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	34.46	22.55	4.66	13.68	24.15	5.86
Depreciation & Amortization	23.1	26.37	23.8	20.25	17.9	14.11
Other Amortization	9.57	7.99	9.47	12.74	12.37	10.43
Other Operating Activities	27.3	17.14	0.48	-1.77	-36.13	3.14
Change in Accounts Receivable	-15.07	-9.06	-0.79	5.67	-12.02	0.43
Change in Inventory	3.03	-1.24	27.25	-8.2	-10.64	5.67
Change in Other Net Operating Assets	-2.25	-5.08	-6.23	-13.92	-2.32	-13.39
Operating Cash Flow	80.14	58.67	58.64	28.45	-6.69	26.25
Operating Cash Flow Growth	70.56%	0.04%	106.08%	-	-	-4.34%
Capital Expenditures	-1.72	-1.66	-0.87	-0.96	-1.38	-1.27
Cash Acquisitions	-	-	-63.73	-51.46	-	-32.29
Other Investing Activities	-1.47	-1.59	-	0.92	0.1	-0.04
Investing Cash Flow	-3.19	-3.25	-64.61	-51.5	-1.28	-33.6
Short-Term Debt Issued	-	-	8.13	2.37	9.86	-
Long-Term Debt Issued	-	-	45.58	36.47	-	27.73
Total Debt Issued	-	-	53.7	38.85	9.86	27.73
Short-Term Debt Repaid	-	-7.02	-	-	-	-4.4
Long-Term Debt Repaid	-	-45.77	-27.61	-26.88	-24.9	-18.38
Total Debt Repaid	-45.24	-52.78	-27.61	-26.88	-24.9	-22.78
Net Debt Issued (Repaid)	-45.24	-52.78	26.1	11.96	-15.04	4.95
Other Financing Activities	-3.38	-3.65	-	-	-	-
Financing Cash Flow	-48.62	-56.44	26.1	11.96	-15.04	4.95
Foreign Exchange Rate Adjustments	0.31	-4.72	1.71	-0.08	5.71	4.14
Net Cash Flow	28.64	-5.74	21.84	-11.16	-17.3	1.73
Free Cash Flow	78.42	57.01	57.77	27.5	-8.06	24.98
Free Cash Flow Growth	71.26%	-1.31%	110.08%	-	-	-7.11%
Free Cash Flow Margin	15.85%	11.77%	13.73%	6.79%	-2.24%	7.61%
Free Cash Flow Per Share	5.35	3.89	3.94	1.88	-0.55	1.71
Cash Interest Paid	5.98	7.05	6.35	4.28	2.99	2.48
Cash Income Tax Paid	-	-0.13	-0.6	0.13	1.04	-
Levered Free Cash Flow	57.5	63.47	42.74	3.45	9.79	11.65
Unlevered Free Cash Flow	62.55	68.97	46.6	5.97	11.02	12.82
Change in Working Capital	-14.3	-15.38	20.24	-16.44	-24.98	-7.3

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