Ten Square Games Cash Flow Statement

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

Millions PLN. 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	76.96	67.08	15.21	51.6	141.26
Depreciation & Amortization	4.12	7.12	8.53	5.63	2.33
Other Amortization	8.67	9.64	11.68	10.85	5.66
Loss (Gain) From Sale of Assets	-0.17	-0.77	0.18	-	-
Asset Writedown & Restructuring Costs	-	1.19	78.31	23.78	3.76
Loss (Gain) on Equity Investments	-0.52	0.07	5.78	2.75	-
Stock-Based Compensation	2.84	3.98	6.69	23.64	39.67
Other Operating Activities	2.18	6.07	13.47	-2.53	5.67
Change in Accounts Receivable	6.89	6.43	-1.81	3.5	-7.65
Change in Unearned Revenue	-9.57	11.66	7.49	3.5	15.52
Change in Other Net Operating Assets	6.52	1.42	-24.02	15.22	-5.82
Operating Cash Flow	97.94	113.88	121.51	137.95	200.4
Operating Cash Flow Growth	-14.00%	-6.27%	-11.92%	-31.16%	3.45%
Capital Expenditures	-3.06	-4.27	-10.73	-39.63	-24.39
Sale of Property, Plant & Equipment	0.17	0.36	0.19	0.06	-
Cash Acquisitions	-	-	-	-	20.17
Investment in Securities	-1.22	-2.37	-12.98	-14.32	-218.16
Other Investing Activities	-14.67	-10.96	-4.33	0.01	-
Investing Cash Flow	-18.78	-17.6	-26.57	-55.5	-222
Long-Term Debt Repaid	-2.68	-3.28	-5.48	-3.96	-2.13
Net Debt Issued (Repaid)	-2.68	-3.28	-5.48	-3.96	-2.13
Issuance of Common Stock	0	0	-	0	0
Repurchase of Common Stock	-	-114.59	-	-18.64	-
Common Dividends Paid	-100.04	-	-52.31	-72.32	-72.67
Other Financing Activities	-0.51	0.81	-0.66	-0.31	-0.27
Financing Cash Flow	-103.23	-117.06	-58.44	-95.22	-75.07
Foreign Exchange Rate Adjustments	0.62	1.72	-0.26	-0.18	-0.38
Miscellaneous Cash Flow Adjustments	-	-	0	-	-
Net Cash Flow	-23.45	-19.05	36.23	-12.96	-97.05
Free Cash Flow	94.88	109.61	110.77	98.32	176.02
Free Cash Flow Growth	-13.44%	-1.05%	12.66%	-44.14%	-7.32%
Free Cash Flow Margin	26.22%	28.36%	25.40%	18.28%	27.76%
Free Cash Flow Per Share	14.65	15.87	15.10	13.45	24.19
Cash Interest Paid	0.49	0.64	0.19	0.31	0.27
Cash Income Tax Paid	8.21	1.26	-6.62	19.68	17.72
Levered Free Cash Flow	72.91	88.73	95.8	82.6	163.63
Unlevered Free Cash Flow	73.89	90.65	99.65	86.55	165.28
Change in Working Capital	3.85	19.5	-18.34	22.23	2.05

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