STO:BINV 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	-332.86	-429.38	-330.3	-42.5	-278.44	Upgrade
Depreciation & Amortization	19.87	19.3	16.76	14.72	14.61	Upgrade
Stock-Based Compensation	4.72	5.46	2.95	1.79	1.14	Upgrade
Other Operating Activities	10.88	16.57	-20.95	-8.46	-0.18	Upgrade
Change in Accounts Receivable	-	-12.37	2.35	-38.73	23.35	Upgrade
Change in Inventory	-	0.88	-0.34	5.34	-12.77	Upgrade
Change in Other Net Operating Assets	49.63	19.06	-12.16	26.62	6.44	Upgrade
Operating Cash Flow	-247.76	-380.47	-341.69	-41.23	-245.84	Upgrade
Capital Expenditures	-7.26	-10.03	-13.3	-12.38	-13.26	Upgrade
Investment in Securities	187.39	574.38	72.99	-616.47	-454.28	Upgrade
Investing Cash Flow	180.13	564.35	59.68	-628.85	-467.54	Upgrade
Long-Term Debt Repaid	-8.99	-8.46	-7.82	-6.36	-5.92	Upgrade
Net Debt Issued (Repaid)	-8.99	-8.46	-7.82	-6.36	-5.92	Upgrade
Issuance of Common Stock	-	-	30.96	279.85	900.79	Upgrade
Financing Cash Flow	-8.99	-8.46	23.14	273.49	894.87	Upgrade
Miscellaneous Cash Flow Adjustments	-2.04	-0.14	3.37	0.88	-	Upgrade
Net Cash Flow	-78.66	175.28	-255.5	-395.71	181.49	Upgrade
Free Cash Flow	-255.02	-390.5	-355	-53.6	-259.1	Upgrade
Free Cash Flow Margin	-112.59%	-873.88%	-496.77%	-16.44%	-1336.68%	Upgrade
Free Cash Flow Per Share	-3.88	-5.93	-5.40	-0.87	-4.78	Upgrade
Cash Interest Paid	-	0.56	0.64	0.65	0.52	Upgrade
Cash Income Tax Paid	0.18	0.11	0.09	-	-	Upgrade
Levered Free Cash Flow	-152.31	-272.84	-235.5	-34.03	-156.68	Upgrade
Unlevered Free Cash Flow	-152.31	-272.49	-235.1	-33.63	-156.36	Upgrade
Change in Working Capital	49.63	7.57	-10.15	-6.78	17.03	Upgrade

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