Alzinova 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	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	-26.27	-20.55	-16.48	-13.09	-7.55	Upgrade
Other Operating Activities	0.86	-	-	-	-	Upgrade
Change in Accounts Receivable	0.9	0.22	-1.98	-0.09	-0.7	Upgrade
Change in Other Net Operating Assets	11.48	0.07	3.24	2.87	-1.57	Upgrade
Operating Cash Flow	-13.03	-20.27	-15.21	-10.31	-9.82	Upgrade
Sale (Purchase) of Intangibles	-26.55	-16.78	-19.6	-16.63	-17.32	Upgrade
Investing Cash Flow	-26.55	-16.78	-19.6	-16.63	-17.32	Upgrade
Issuance of Common Stock	31.1	40.17	26.28	36.86	-	Upgrade
Other Financing Activities	-6.69	-9.65	-1.48	-6.71	-	Upgrade
Financing Cash Flow	24.41	30.52	24.81	30.15	-	Upgrade
Miscellaneous Cash Flow Adjustments	-	-0	-0.1	-	-	Upgrade
Net Cash Flow	-15.18	-6.53	-10.11	3.2	-27.14	Upgrade
Levered Free Cash Flow	-30.76	-29.38	-28.72	-22.05	-24.31	Upgrade
Unlevered Free Cash Flow	-30.18	-29.23	-28.66	-22.04	-24.29	Upgrade
Change in Working Capital	12.37	0.29	1.27	2.77	-2.27	Upgrade

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