Q-Interline Cash Flow Statement

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2018
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	2020 - 2018
Net Income	-17.73	-13.12	-10.15	-12.01	-2	Upgrade
Depreciation & Amortization	0.41	0.26	0.08	0.13	0.11	Upgrade
Other Amortization	0.73	1.2	1.2	1.2	1.14	Upgrade
Asset Writedown & Restructuring Costs	0.22	0.22	0.2	0.2	0.2	Upgrade
Other Operating Activities	-0	-0	0	-0.06	0.18	Upgrade
Change in Other Net Operating Assets	4.09	-6.67	3.05	-7.79	0.6	Upgrade
Operating Cash Flow	-12.29	-18.11	-5.61	-18.32	0.23	Upgrade
Operating Cash Flow Growth	-	-	-	-	-49.45%	Upgrade
Capital Expenditures	-0.46	-0.41	-0.66	-0.94	-0.06	Upgrade
Sale (Purchase) of Intangibles	-	-	-	-	-0.45	Upgrade
Other Investing Activities	-0.08	-0.05	-0.02	0.04	-0.08	Upgrade
Investing Cash Flow	-0.54	-0.46	-0.68	-0.89	-0.59	Upgrade
Long-Term Debt Issued	0.04	-	3.08	-	-	Upgrade
Long-Term Debt Repaid	-	-3.35	-0.7	-0.67	-1.52	Upgrade
Net Debt Issued (Repaid)	0.04	-3.35	2.38	-0.67	-1.52	Upgrade
Issuance of Common Stock	12.48	23.71	0.2	-	22.85	Upgrade
Other Financing Activities	-0.95	-0.37	-	-	-	Upgrade
Financing Cash Flow	11.57	19.99	2.58	-0.67	21.33	Upgrade
Miscellaneous Cash Flow Adjustments	0	-0	-	-0	-	Upgrade
Net Cash Flow	-1.25	1.42	-3.72	-19.89	20.97	Upgrade
Free Cash Flow	-12.74	-18.51	-6.28	-19.26	0.17	Upgrade
Free Cash Flow Growth	-	-	-	-	-59.57%	Upgrade
Free Cash Flow Margin	-36.63%	-47.33%	-19.65%	-73.81%	0.59%	Upgrade
Free Cash Flow Per Share	-0.63	-1.18	-0.45	-1.38	0.02	Upgrade
Cash Interest Paid	1.32	0.85	0.53	0.14	0.27	Upgrade
Levered Free Cash Flow	-5.36	-16.15	0.92	-14.86	2.09	Upgrade
Unlevered Free Cash Flow	-5.19	-16.15	0.92	-14.86	2.09	Upgrade
Change in Working Capital	4.09	-6.67	3.05	-7.79	0.6	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.