Upsales Technology AB (publ) (STO:UPSALE)

Upsales Technology AB Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	22.46	18.48	27.55	22.5	9.72
Depreciation & Amortization	10.38	1.92	2.4	1.53	1.75
Other Amortization	-	6.5	5.86	5.58	5.47
Asset Writedown & Restructuring Costs	-	0.35	-	0.02	-
Other Operating Activities	0.3	-8.71	-0.39	3.54	2.79
Change in Accounts Receivable	-3.98	8.3	-1.29	-6.49	-6.69
Change in Other Net Operating Assets	6.05	3.89	-1.78	7.02	27.32
Operating Cash Flow	35.21	30.73	32.36	33.69	40.37
Operating Cash Flow Growth	14.57%	-5.03%	-3.97%	-16.53%	71.25%
Capital Expenditures	-2.56	-0.82	-2.94	-3.68	-3.24
Sale (Purchase) of Intangibles	-17.06	-8.61	-7.64	-7.07	-8.07
Sale (Purchase) of Real Estate	-	-	-	-	0.09
Investment in Securities	0.36	-	-	-0.36	-
Other Investing Activities	-	0.37	0.35	-	-
Investing Cash Flow	-19.26	-9.06	-10.24	-11.12	-11.22
Long-Term Debt Repaid	-0.34	-	-	-	-
Total Debt Repaid	-0.34	-	-	-	-
Net Debt Issued (Repaid)	-0.34	-	-	-	-
Issuance of Common Stock	-	-	-	8.2	-
Common Dividends Paid	-25.26	-25.26	-33.68	-33.68	-
Other Financing Activities	-0.74	-1.58	-0.28	1.02	1.81
Financing Cash Flow	-26.34	-26.84	-33.95	-24.45	1.81
Foreign Exchange Rate Adjustments	-0.07	-	0	-0.05	0.01
Miscellaneous Cash Flow Adjustments	-	-	-	-	0
Net Cash Flow	-10.47	-5.17	-11.83	-1.92	30.97
Free Cash Flow	32.64	29.91	29.42	30.01	37.13
Free Cash Flow Growth	9.12%	1.69%	-1.98%	-19.18%	59.64%
Free Cash Flow Margin	19.30%	19.69%	19.34%	22.09%	36.87%
Free Cash Flow Per Share	1.94	1.78	1.75	1.77	2.18
Cash Interest Paid	0.11	0.02	0.04	0.01	0.01
Cash Income Tax Paid	5.63	13.68	7.79	2.39	0.1
Levered Free Cash Flow	11.53	16.99	15.75	18.35	28.02
Unlevered Free Cash Flow	11.6	17.01	15.78	18.36	28.02
Change in Working Capital	2.07	12.19	-3.07	0.53	20.64

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