Thunderful Group 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	-442.3	-887.5	-629.8	121.2	132.2
Depreciation & Amortization	118.9	664.3	503.2	130.8	127
Other Amortization	-	183.7	142.6	43.2	-
Asset Writedown & Restructuring Costs	342.2	-	-	-	-
Other Operating Activities	-62.7	-91.4	-8.4	-58.1	27.8
Change in Accounts Receivable	6.4	10.8	61.3	212	-247.2
Change in Inventory	-0.1	0.1	-27.2	114.1	-268
Change in Accounts Payable	9.2	-12.7	-1.7	10.1	165.8
Change in Other Net Operating Assets	-8.4	30.3	-86.9	-42.9	-2.5
Operating Cash Flow	-43.6	241.3	299	530.4	-64.9
Operating Cash Flow Growth	-	-19.30%	-43.63%	-	-
Capital Expenditures	-0.6	-1	-34.4	-16.4	-12.5
Sale of Property, Plant & Equipment	-	-	31.9	-	3.4
Cash Acquisitions	-	-	-23.8	-70.2	-188.9
Sale (Purchase) of Intangibles	-74.7	-160.7	-262.3	-214.6	-115.2
Investment in Securities	-	-	-	-0.5	-3.6
Other Investing Activities	-	332.2	-25.2	-	-
Investing Cash Flow	-75.3	170.5	-313.8	-301.7	-316.8
Short-Term Debt Issued	84.2	1.5	388	111.3	270.4
Total Debt Issued	84.2	1.5	388	111.3	270.4
Short-Term Debt Repaid	-	-499.3	-63.6	-206.8	-
Long-Term Debt Repaid	-10.1	-9.9	-15.6	-24.1	-16.9
Total Debt Repaid	-10.1	-509.2	-79.2	-230.9	-16.9
Net Debt Issued (Repaid)	74.1	-507.7	308.8	-119.6	253.5
Issuance of Common Stock	45.7	-	-	-	-
Other Financing Activities	-20.6	-85.4	-141	-117.5	-119.1
Financing Cash Flow	99.2	-593.1	167.8	-237.1	134.4
Foreign Exchange Rate Adjustments	-0.5	3.3	-0.5	4.8	2.4
Miscellaneous Cash Flow Adjustments	-	-0.1	-	-	-
Net Cash Flow	-20.2	-178.1	152.5	-3.6	-244.9
Free Cash Flow	-44.2	240.3	264.6	514	-77.4
Free Cash Flow Growth	-	-9.18%	-48.52%	-	-
Free Cash Flow Margin	-17.05%	61.81%	50.32%	16.84%	-2.42%
Free Cash Flow Per Share	-0.23	3.42	3.76	7.29	-1.11
Cash Income Tax Paid	-0.5	6.1	17.6	81.9	39.2
Levered Free Cash Flow	-109.16	580.4	99.16	403.5	-159.84
Unlevered Free Cash Flow	-104.41	596.53	119.23	411.13	-155.96
Change in Working Capital	7.1	28.5	-54.5	293.3	-351.9

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