Windon Energy Group AB Cash Flow Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-11.89	-9.91	5.52
Depreciation & Amortization	4.01	4	3.92
Other Operating Activities	-0	-0.79	-0.45
Change in Accounts Receivable	1.88	1.94	19.64
Change in Inventory	1.23	1.36	-3.48
Change in Other Net Operating Assets	2.2	-3.36	-16.14
Operating Cash Flow	-2.57	-6.77	9.03
Capital Expenditures	-0.45	-0.29	-
Cash Acquisitions	-	-	-40.81
Divestitures	-	0.03	-
Sale (Purchase) of Intangibles	-2.06	-	-
Investing Cash Flow	-2.5	-0.26	-40.81
Long-Term Debt Issued	1	-	-
Net Debt Issued (Repaid)	1	-	-
Financing Cash Flow	1	-	-
Miscellaneous Cash Flow Adjustments	-	0	-0
Net Cash Flow	-4.07	-7.03	-31.79
Free Cash Flow	-3.02	-7.06	9.03
Free Cash Flow Margin	-17.32%	-31.47%	11.87%
Free Cash Flow Per Share	-0.25	-0.58	0.73
Cash Interest Paid	0.19	0.06	0.03
Cash Income Tax Paid	-	-	2.26
Levered Free Cash Flow	-0.51	-2.83	-
Unlevered Free Cash Flow	-0.39	-2.79	-
Change in Working Capital	5.31	-0.07	0.03

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