Upsales Technology 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	22.32	22.46	18.48	27.55	22.5	9.72
Depreciation & Amortization	11.26	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	1.98	0.3	-8.71	-0.39	3.54	2.79
Change in Accounts Receivable	-4.89	-3.98	8.3	-1.29	-6.49	-6.69
Change in Other Net Operating Assets	9.07	6.05	3.89	-1.78	7.02	27.32
Operating Cash Flow	39.74	35.21	30.73	32.36	33.69	40.37
Operating Cash Flow Growth	41.34%	14.57%	-5.03%	-3.97%	-16.53%	71.25%
Capital Expenditures	-0.68	-2.56	-0.82	-2.94	-3.68	-3.24
Cash Acquisitions	-0.01	-	-	-	-	-
Sale (Purchase) of Intangibles	-16.99	-17.06	-8.61	-7.64	-7.07	-8.07
Sale (Purchase) of Real Estate	-	-	-	-	-	0.09
Investment in Securities	0.28	0.36	-	-	-0.36	-
Other Investing Activities	-	-	0.37	0.35	-	-
Investing Cash Flow	-17.41	-19.26	-9.06	-10.24	-11.12	-11.22
Long-Term Debt Repaid	-	-0.34	-	-	-	-
Total Debt Repaid	-0.49	-0.34	-	-	-	-
Net Debt Issued (Repaid)	-0.49	-0.34	-	-	-	-
Issuance of Common Stock	-	-	-	-	8.2	-
Common Dividends Paid	-25.26	-25.26	-25.26	-33.68	-33.68	-
Other Financing Activities	-0.69	-0.74	-1.58	-0.28	1.02	1.81
Financing Cash Flow	-26.43	-26.34	-26.84	-33.95	-24.45	1.81
Foreign Exchange Rate Adjustments	-0.06	-0.07	-	0	-0.05	0.01
Miscellaneous Cash Flow Adjustments	-	-	-	-	-	0
Net Cash Flow	-4.16	-10.47	-5.17	-11.83	-1.92	30.97
Free Cash Flow	39.05	32.64	29.91	29.42	30.01	37.13
Free Cash Flow Growth	52.56%	9.12%	1.69%	-1.98%	-19.18%	59.64%
Free Cash Flow Margin	22.31%	19.30%	19.69%	19.34%	22.09%	36.87%
Free Cash Flow Per Share	2.31	1.94	1.78	1.75	1.77	2.18
Cash Interest Paid	0.12	0.11	0.02	0.04	0.01	0.01
Cash Income Tax Paid	3.67	5.63	13.68	7.79	2.39	0.1
Levered Free Cash Flow	18.55	11.53	16.99	15.75	18.35	28.02
Unlevered Free Cash Flow	18.63	11.6	17.01	15.78	18.36	28.02
Change in Working Capital	4.17	2.07	12.19	-3.07	0.53	20.64

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