Spyrosoft Spólka Akcyjna 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	39	34.29	19.71	26.73	14.68	12.37
Depreciation & Amortization	11.52	10.8	10.83	8.16	6.16	5.3
Other Amortization	0.97	0.97	0.26	0.47	0.28	-
Loss (Gain) From Sale of Assets	-0.38	-0.33	-0.07	-0.04	-0.01	-0.01
Loss (Gain) on Equity Investments	-1	-1.16	-0.96	-0.77	-0.77	-0.68
Other Operating Activities	17.96	17.12	1.9	15.52	6.67	7.12
Change in Accounts Receivable	-21.71	-13.33	-6.79	-33.41	-18.03	-9.28
Change in Inventory	-0.13	-0.01	0.03	-0.04	0.05	0.04
Change in Other Net Operating Assets	7.57	7.95	-12.99	16.61	5.43	3.26
Operating Cash Flow	53.79	56.29	11.91	33.24	14.46	18.11
Operating Cash Flow Growth	12.97%	372.63%	-64.17%	129.88%	-20.19%	279.45%
Capital Expenditures	-10.32	-5.26	-3.47	-6.84	-5.2	-1.92
Sale of Property, Plant & Equipment	2.31	1.63	0.41	0.33	0.2	0.08
Investment in Securities	-1.7	-7.93	-8	-8.05	-0	-0.21
Other Investing Activities	-5.14	2.21	2.39	10.09	1.25	-
Investing Cash Flow	-14.88	-9.39	-10.14	-5.2	-4.13	-2.1
Long-Term Debt Issued	-	0.27	28.3	10.94	0.18	-
Total Debt Issued	0.27	0.27	28.3	10.94	0.18	-
Short-Term Debt Repaid	-	-	-	-	-	-2.12
Long-Term Debt Repaid	-	-31.65	-16.27	-19.74	-5.5	-4.69
Total Debt Repaid	-14.87	-31.65	-16.27	-19.74	-5.5	-6.81
Net Debt Issued (Repaid)	-14.6	-31.38	12.03	-8.8	-5.33	-6.81
Issuance of Common Stock	-	-	-	0	0	0
Other Financing Activities	-0.35	-1.99	-3.26	-1.61	-0.9	-0.91
Financing Cash Flow	-14.95	-33.37	8.77	-10.41	-6.22	-7.72
Net Cash Flow	23.97	13.53	10.55	17.63	4.11	8.29
Free Cash Flow	43.48	51.03	8.44	26.4	9.26	16.19
Free Cash Flow Growth	-2.74%	504.72%	-68.03%	185.19%	-42.83%	467.96%
Free Cash Flow Margin	7.58%	10.96%	2.03%	7.96%	5.34%	14.36%
Free Cash Flow Per Share	39.77	46.75	7.74	24.24	8.63	15.42
Cash Interest Paid	-	1.71	2.14	1.04	0.57	0.75
Cash Income Tax Paid	-	-4.04	6.8	6.6	4.27	2.03
Levered Free Cash Flow	18.41	24.82	3.42	20.13	2.92	11.08
Unlevered Free Cash Flow	19.36	26.16	4.94	21.21	3.33	11.56
Change in Working Capital	-14.28	-5.39	-19.75	-16.85	-12.55	-5.99

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.