Tessin Nordic Holding AB Cash Flow Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2017 - 2019
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	2017 - 2019
Net Income	-63.48	-41.15	-14.53	-46.91	-82.67	-13.73	Upgrade
Depreciation & Amortization	1.55	1.25	2.28	3.37	2.55	3.64	Upgrade
Other Amortization	3.38	3.38	2.93	3.24	3.99	3.01	Upgrade
Loss (Gain) From Sale of Assets	-	-	-0.08	-0.5	0.55	-	Upgrade
Asset Writedown & Restructuring Costs	-2.1	-2.1	1	4.05	-	-	Upgrade
Provision & Write-off of Bad Debts	8.01	8.71	2	-	-	-	Upgrade
Other Operating Activities	19.13	11.17	2.64	3.3	53.85	-2.21	Upgrade
Change in Accounts Receivable	19.6	-17.84	-9.57	-3.51	-47.3	-4.58	Upgrade
Change in Accounts Payable	7.09	27.28	-1.22	19.84	-3.61	2.94	Upgrade
Operating Cash Flow	-6.83	-9.31	-14.53	-17.91	-72.65	-10.94	Upgrade
Capital Expenditures	-	-	-0.96	-0.13	-0.24	-0.44	Upgrade
Cash Acquisitions	-	-	-	-	-7.47	-0.68	Upgrade
Sale (Purchase) of Intangibles	-2	-3.47	-2.51	-3.42	-3.56	-2.94	Upgrade
Sale (Purchase) of Real Estate	26.22	-	-	-8.34	-	-	Upgrade
Investment in Securities	-	-	-	-	0.03	-0.05	Upgrade
Other Investing Activities	2	-	0	-	3.22	0.1	Upgrade
Investing Cash Flow	17.55	-29.58	19.93	-41.7	-81.67	-16.46	Upgrade
Long-Term Debt Issued	-	70.15	12.45	6.49	181.35	26.13	Upgrade
Long-Term Debt Repaid	-	-40.44	-3.46	-11.31	-26.25	-14.5	Upgrade
Net Debt Issued (Repaid)	0.1	29.71	8.99	-4.82	155.1	11.63	Upgrade
Issuance of Common Stock	-	6.11	1.89	16.41	35.38	-	Upgrade
Other Financing Activities	-0.01	-0.01	-	-	-0.1	-	Upgrade
Financing Cash Flow	-9.6	35.81	10.88	11.58	210.38	11.63	Upgrade
Net Cash Flow	1.12	-3.08	16.28	-48.02	56.06	-15.76	Upgrade
Free Cash Flow	-6.83	-9.31	-15.48	-18.04	-72.89	-11.38	Upgrade
Free Cash Flow Margin	-51.17%	-37.99%	-35.94%	-33.34%	-153.63%	-28.26%	Upgrade
Free Cash Flow Per Share	-0.02	-0.03	-0.06	-0.14	-1.00	-1.86	Upgrade
Cash Income Tax Paid	-	1.79	-0.01	1.28	0.91	-0.33	Upgrade
Levered Free Cash Flow	15.53	2.07	-60.16	-81.77	-88.75	-6.84	Upgrade
Unlevered Free Cash Flow	36.97	14.97	-52.13	-70.3	-85.52	-5.49	Upgrade
Change in Working Capital	26.68	9.43	-10.78	16.33	-50.91	-1.64	Upgrade

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