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	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	-11.7	-11.89	-9.91	5.52
Depreciation & Amortization	4.01	4.01	4	3.92
Other Operating Activities	0.15	-0	-0.79	-0.45
Change in Accounts Receivable	10.38	1.88	1.94	19.64
Change in Inventory	-0.84	1.23	1.36	-3.48
Change in Other Net Operating Assets	-5.41	2.2	-3.36	-16.14
Operating Cash Flow	-3.4	-2.57	-6.77	9.03
Capital Expenditures	-0.45	-0.45	-0.29	-
Cash Acquisitions	-	-	-	-40.81
Divestitures	-	-	0.03	-
Sale (Purchase) of Intangibles	-2.06	-2.06	-	-
Investing Cash Flow	-2.5	-2.5	-0.26	-40.81
Long-Term Debt Issued	-	1	-	-
Net Debt Issued (Repaid)	-	1	-	-
Financing Cash Flow	1	1	-	-
Miscellaneous Cash Flow Adjustments	3.52	-	0	-0
Net Cash Flow	-1.39	-4.07	-7.03	-31.79
Free Cash Flow	-3.85	-3.02	-7.06	9.03
Free Cash Flow Margin	-25.69%	-17.32%	-31.47%	11.87%
Free Cash Flow Per Share	-0.31	-0.25	-0.58	0.73
Cash Interest Paid	0.19	0.19	0.06	0.03
Cash Income Tax Paid	-	-	-	2.26
Levered Free Cash Flow	-2.16	-0.51	-2.83	-
Unlevered Free Cash Flow	-2.02	-0.39	-2.79	-
Change in Working Capital	4.13	5.31	-0.07	0.03