Kumulus Vape Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
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 - 2016
Net Income	-	2.64	1.87	2.23	-	Upgrade
Depreciation & Amortization	-	0.59	0.58	0.18	-	Upgrade
Other Amortization	-	0.04	-	-	-	Upgrade
Other Operating Activities	-	-0.56	-0.1	0.06	-	Upgrade
Change in Other Net Operating Assets	-	-3.81	3.97	-4.48	-	Upgrade
Operating Cash Flow	-	-1.1	6.32	-2.02	-	Upgrade
Capital Expenditures	-	-	-	-0.96	-	Upgrade
Sale (Purchase) of Real Estate	-	0.53	-0.37	-	-	Upgrade
Investment in Securities	-	0	-0.01	-	-	Upgrade
Other Investing Activities	-	-	-2.4	-	-	Upgrade
Investing Cash Flow	-	0.53	-2.78	-0.96	-	Upgrade
Short-Term Debt Issued	-	-	0.01	-	-	Upgrade
Long-Term Debt Issued	-	0	3	0.43	-	Upgrade
Total Debt Issued	-	0	3.01	0.43	-	Upgrade
Short-Term Debt Repaid	-	-0.01	-	-	-	Upgrade
Long-Term Debt Repaid	-	-0.71	-0.36	-	-	Upgrade
Total Debt Repaid	-	-0.72	-0.36	-	-	Upgrade
Net Debt Issued (Repaid)	-	-0.72	2.65	0.43	-	Upgrade
Issuance of Common Stock	-	-	0.91	0.57	-	Upgrade
Common Dividends Paid	-	-0.46	-0.31	-0.29	-	Upgrade
Other Financing Activities	-	-0	-0.01	-	-	Upgrade
Financing Cash Flow	-	-1.18	3.24	0.71	-	Upgrade
Miscellaneous Cash Flow Adjustments	-	0	-	-	-	Upgrade
Net Cash Flow	-	-1.75	6.78	-2.26	-	Upgrade
Free Cash Flow	-	-1.1	6.32	-2.97	-	Upgrade
Free Cash Flow Margin	-	-1.81%	10.10%	-5.33%	-	Upgrade
Free Cash Flow Per Share	-	-0.34	1.92	-1.01	-	Upgrade
Levered Free Cash Flow	-	-1.01	5.73	-3.17	-	Upgrade
Unlevered Free Cash Flow	-	-0.89	5.78	-3.17	-	Upgrade
Change in Working Capital	-	-3.81	3.97	-4.48	-	Upgrade

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