Mendole Cash Flow Statement

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-1.07	1.05	3.21	-
Depreciation & Amortization	1.99	1.82	-	-
Other Operating Activities	2.66	3.16	3.16	-
Change in Other Net Operating Assets	-7.49	-11.42	-14.02	-
Operating Cash Flow	-1.32	-5.38	-7.64	-
Capital Expenditures	-3.48	-5.32	-4.25	-
Investing Cash Flow	-3.54	-5.32	-4.25	-
Short-Term Debt Issued	-	1.38	19.81	-
Long-Term Debt Issued	-	3.17	2.11	-
Total Debt Issued	5.06	4.54	21.92	-
Short-Term Debt Repaid	-	-8.95	-	-
Total Debt Repaid	-8.94	-8.95	-	-
Net Debt Issued (Repaid)	-3.88	-4.41	21.92	-
Issuance of Common Stock	6.83	9.3	0.36	-
Other Financing Activities	-0.21	-0.21	-	-
Financing Cash Flow	2.75	4.68	22.28	-
Net Cash Flow	-2.12	-6.02	10.39	-
Free Cash Flow	-4.81	-10.7	-11.89	-
Free Cash Flow Margin	-3.72%	-8.43%	-106.92%	-
Free Cash Flow Per Share	-	-2.00	-2.97	-
Cash Income Tax Paid	0.86	0.86	-1.07	-
Levered Free Cash Flow	-	-15.13	-3.84	-
Unlevered Free Cash Flow	-	-13.17	-3.53	-
Change in Working Capital	-4.9	-11.42	-14.02	-