BioArctic 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	1,022	-177.08	229.25	-11.18	-119.79	Upgrade
Depreciation & Amortization	-	10.72	7.44	14.08	13.05	Upgrade
Stock-Based Compensation	-	19.33	16.14	2.76	1.57	Upgrade
Other Operating Activities	234.52	-106.74	43.72	-62.21	-30.22	Upgrade
Change in Accounts Receivable	-64.77	-105.23	-11.98	-2.41	-5.12	Upgrade
Change in Other Net Operating Assets	238.99	42.66	25.13	27.33	0.06	Upgrade
Operating Cash Flow	1,431	-316.33	309.69	-31.64	-140.46	Upgrade
Capital Expenditures	-	-26.64	-7.44	-12.75	-4.39	Upgrade
Investment in Securities	-	232.27	-500.04	-0.02	-0.03	Upgrade
Other Investing Activities	-894.65	0	-	0	0	Upgrade
Investing Cash Flow	-894.65	205.63	-507.49	-12.76	-4.41	Upgrade
Long-Term Debt Repaid	-	-0.33	-0.92	-8.79	-7.39	Upgrade
Net Debt Issued (Repaid)	-	-0.33	-0.92	-8.79	-7.39	Upgrade
Issuance of Common Stock	-	6.02	14.98	5.99	-	Upgrade
Other Financing Activities	26.91	-0	-0	-	-	Upgrade
Financing Cash Flow	26.91	5.69	14.06	-2.81	-7.39	Upgrade
Foreign Exchange Rate Adjustments	-35.82	6.37	-10.09	4.19	0.72	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	-	-0	-	Upgrade
Net Cash Flow	527.5	-98.64	-193.82	-43.02	-151.54	Upgrade
Free Cash Flow	1,431	-342.97	302.25	-44.38	-144.84	Upgrade
Free Cash Flow Margin	71.58%	-133.27%	49.07%	-19.35%	-564.40%	Upgrade
Free Cash Flow Per Share	16.13	-3.87	3.42	-0.50	-1.65	Upgrade
Cash Interest Paid	-	1.85	0.38	0.75	0.98	Upgrade
Cash Income Tax Paid	71.6	0.52	-0.16	-0.34	0.31	Upgrade
Levered Free Cash Flow	1,119	-290.3	210.92	-34.44	-91.07	Upgrade
Unlevered Free Cash Flow	1,143	-290.3	211.13	-34.09	-90.55	Upgrade
Change in Working Capital	174.22	-62.57	13.15	24.91	-5.06	Upgrade

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