Software Mansion 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	23.94	28.89	11.06	17.15	13.8
Depreciation & Amortization	1.31	1.12	0.47	0.99	0.87
Loss (Gain) From Sale of Assets	-0.06	-0.07	0.75	-0.42	0.38
Other Operating Activities	0.25	1.09	5.18	3.76	-
Change in Accounts Receivable	1.29	-9.02	-2.28	-3.94	-2.51
Change in Inventory	0.37	-0.01	-0.24	-0	-0.01
Change in Other Net Operating Assets	1.66	4.15	-0.4	4.31	1.22
Operating Cash Flow	28.76	26.15	14.54	21.85	13.75
Operating Cash Flow Growth	40.41%	79.86%	-33.46%	58.88%	-
Capital Expenditures	-2.31	-2.28	-5.27	-1.15	-1.46
Sale of Property, Plant & Equipment	0.06	0.06	0.01	0.01	0.02
Other Investing Activities	0.99	0.55	0.12	0.1	-
Investing Cash Flow	-1.27	-1.67	-5.14	-1.04	-1.44
Issuance of Common Stock	0.02	0.02	0.02	0.02	1.19
Common Dividends Paid	-10.15	-10.15	-8.22	-14.61	-11.61
Financing Cash Flow	-10.14	-10.14	-8.2	-14.59	-10.43
Net Cash Flow	17.36	14.35	1.2	6.21	1.88
Free Cash Flow	26.45	23.87	9.27	20.7	12.29
Free Cash Flow Growth	68.96%	157.57%	-55.22%	68.41%	-
Free Cash Flow Margin	23.57%	23.91%	12.58%	32.95%	30.48%
Free Cash Flow Per Share	2.48	2.26	0.89	2.03	-
Levered Free Cash Flow	30.8	13.35	3.97	10.92	-
Unlevered Free Cash Flow	30.8	13.35	3.97	10.92	-
Change in Working Capital	3.33	-4.88	-2.92	0.38	-1.29

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