Leonteq AG Cash Flow Statement

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

Millions CHF. 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	-33.7	5.84	20.6	156.45	155.72
Depreciation & Amortization, Total	13.17	13.28	13.56	13.68	14.55
Stock-Based Compensation	4.37	11.24	16.9	14.3	8.64
Change in Accounts Receivable	106.06	-34.64	60.39	0.04	52.46
Change in Accounts Payable	-103.38	-12.17	-573.96	431.08	-184.98
Change in Other Net Operating Assets	840.74	1,224	-2,223	-2,708	2,053
Other Operating Activities	66.04	53.5	28.6	71.26	99.82
Operating Cash Flow	45.93	-16.77	-313.94	403.98	68.51
Capital Expenditures	-1.25	-3.34	-2.31	-3.28	-2.2
Sale (Purchase) of Intangibles	-16.12	-23.1	-26.23	-22.68	-20.88
Investment in Securities	-	-	-0.96	-	-
Investing Cash Flow	-17.35	-26.41	-29.5	-25.86	-23.08
Long-Term Debt Repaid	-10.44	-10.55	-9.75	-9.62	-8.9
Net Debt Issued (Repaid)	-10.44	-10.55	-9.75	-9.62	-8.9
Repurchase of Common Stock	-0.17	-12.39	-34.41	-28.75	-10.09
Common Dividends Paid	-26.46	-8.81	-36.2	-27.35	-6.9
Other Financing Activities	-26.46	-8.81	-36.2	-27.34	-6.9
Financing Cash Flow	-63.54	-40.56	-116.56	-93.06	-32.78
Foreign Exchange Rate Adjustments	-46.88	26.03	-33.39	2.41	-0.09
Net Cash Flow	-81.85	-57.72	-493.39	287.47	12.57
Free Cash Flow	44.68	-20.12	-316.25	400.7	66.31
Free Cash Flow Growth	-	-	-	504.28%	-70.45%
Free Cash Flow Margin	26.23%	-8.46%	-123.11%	87.53%	15.90%
Free Cash Flow Per Share	2.53	-1.10	-17.00	21.22	3.54
Cash Interest Paid	10.74	7.81	10.15	17.37	4.35
Cash Income Tax Paid	1.86	2.94	28.52	6.22	0.78

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.