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	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
Net Income	23.31	28.89	11.06	17.15	13.8
Depreciation & Amortization	1.4	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	-0.47	1.09	5.18	3.76	-
Change in Accounts Receivable	0.18	-9.02	-2.28	-3.94	-2.51
Change in Inventory	0.3	-0.01	-0.24	-0	-0.01
Change in Other Net Operating Assets	1.06	4.15	-0.4	4.31	1.22
Operating Cash Flow	25.72	26.15	14.54	21.85	13.75
Operating Cash Flow Growth	2.86%	79.86%	-33.46%	58.88%	-
Capital Expenditures	-6.46	-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	1.07	0.55	0.12	0.1	-
Investing Cash Flow	-5.34	-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	-21.29	-10.15	-8.22	-14.61	-11.61
Financing Cash Flow	-21.28	-10.14	-8.2	-14.59	-10.43
Net Cash Flow	-0.9	14.35	1.2	6.21	1.88
Free Cash Flow	19.26	23.87	9.27	20.7	12.29
Free Cash Flow Growth	8.37%	157.57%	-55.22%	68.41%	-
Free Cash Flow Margin	16.59%	23.91%	12.58%	32.95%	30.48%
Free Cash Flow Per Share	-	2.26	0.89	2.03	-
Levered Free Cash Flow	12.12	13.35	3.97	10.92	-
Unlevered Free Cash Flow	12.12	13.35	3.97	10.92	-
Change in Working Capital	1.54	-4.88	-2.92	0.38	-1.29

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