Onde S.A. Cash Flow Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	27.08	30.28	33.39	7.17	46.2	32.78
Depreciation & Amortization	13.85	9.87	9.07	8.09	6.6	5.66
Loss (Gain) From Sale of Assets	-19.09	-19.09	-	-	-	-
Other Operating Activities	-1.31	-7.14	6.58	-9.96	33.26	-3.98
Change in Accounts Receivable	-113.88	100.23	66.5	-98.71	-181.23	-45.02
Change in Inventory	81.65	-26.37	22.82	-4.23	-5.62	-12.47
Change in Other Net Operating Assets	100.12	20.76	5.39	19.59	-35.44	110.37
Operating Cash Flow	103.97	108.55	143.75	-78.05	-136.23	87.34
Operating Cash Flow Growth	29.45%	-24.49%	-	-	-	119.12%
Capital Expenditures	-77.71	-69.15	-4.62	-2.44	-5.93	-1.44
Cash Acquisitions	-0.01	-39.78	-13.63	-30.59	-34.61	-
Investment in Securities	10.07	25.33	-	-	-	-
Other Investing Activities	3.3	2.76	0.34	0.18	3.01	-0.36
Investing Cash Flow	-63.99	-78.7	-20.4	-31.08	-53.5	-16.81
Long-Term Debt Issued	-	98.65	10	148.74	66.33	-
Long-Term Debt Repaid	-	-37.93	-73.05	-97.74	-65.36	-5.64
Net Debt Issued (Repaid)	-7.52	60.72	-63.05	51	0.97	-5.64
Issuance of Common Stock	-	-	-	-	214.5	-
Repurchase of Common Stock	-	-	-	-30	-	-
Common Dividends Paid	-16.9	-16.9	-	-	-32.43	-20.1
Other Financing Activities	-6.75	-3.46	-6.1	-5.46	-0.61	-0.44
Financing Cash Flow	-31.17	40.36	-69.15	15.55	182.43	-26.18
Net Cash Flow	8.82	70.2	54.19	-93.58	-7.3	44.36
Free Cash Flow	26.26	39.4	139.12	-80.49	-142.16	85.9
Free Cash Flow Growth	-66.10%	-71.68%	-	-	-	123.92%
Free Cash Flow Margin	3.04%	4.90%	12.84%	-7.36%	-11.68%	14.65%
Free Cash Flow Per Share	0.48	0.72	2.55	-1.47	-2.82	1.88
Cash Interest Paid	6.34	3.41	6.1	5.44	1	0.44
Cash Income Tax Paid	13.53	17.98	5.63	13.13	11.09	12.06
Levered Free Cash Flow	16.44	25.35	113.85	-96.1	-178.18	64.04
Unlevered Free Cash Flow	19.81	27.73	118.54	-92.33	-177.55	64.56
Change in Working Capital	67.89	94.62	94.7	-83.36	-222.29	52.87

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