Episurf Medical 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	-58.2	-76	-94.8	-77.3	-69.3	Upgrade
Depreciation & Amortization	5.6	6	6	5.1	5.3	Upgrade
Other Amortization	2.5	3	2.7	2.3	2.1	Upgrade
Stock-Based Compensation	0.3	1	0.7	-0.2	3.3	Upgrade
Other Operating Activities	0.6	-	-0.2	-0.3	-0.3	Upgrade
Change in Accounts Receivable	-2.8	-0.8	0.4	-0.3	-1	Upgrade
Change in Inventory	0.2	0.5	-1.8	0.1	-	Upgrade
Change in Other Net Operating Assets	-3.5	-5.1	2.2	1.1	0.2	Upgrade
Operating Cash Flow	-55.3	-71.4	-84.8	-69.5	-59.7	Upgrade
Capital Expenditures	-	-	-	-	-0.1	Upgrade
Sale (Purchase) of Intangibles	-6.7	-7.6	-9.5	-11.3	-6.9	Upgrade
Investment in Securities	-	-	-	-	0.5	Upgrade
Other Investing Activities	-	-	-	0.1	-	Upgrade
Investing Cash Flow	-6.7	-7.6	-9.5	-11.2	-6.5	Upgrade
Long-Term Debt Repaid	-3.6	-2.4	-3.2	-2.4	-2.4	Upgrade
Net Debt Issued (Repaid)	-3.6	-2.4	-3.2	-2.4	-2.4	Upgrade
Issuance of Common Stock	29.7	90.2	0.2	0.5	159.6	Upgrade
Other Financing Activities	-7.5	-16.2	-	-	-8	Upgrade
Financing Cash Flow	18.6	71.6	-3	-1.9	149.2	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	-0.1	-	-	Upgrade
Net Cash Flow	-43.4	-7.4	-97.4	-82.6	83	Upgrade
Free Cash Flow	-55.3	-71.4	-84.8	-69.5	-59.8	Upgrade
Free Cash Flow Margin	-273.76%	-346.60%	-428.28%	-1053.03%	-920.00%	Upgrade
Free Cash Flow Per Share	-0.06	-0.15	-0.27	-0.26	-0.26	Upgrade
Cash Interest Paid	0.3	1	0.6	0.6	0.2	Upgrade
Levered Free Cash Flow	-40.4	-51.48	-60.26	-51.76	-40.46	Upgrade
Unlevered Free Cash Flow	-40.03	-50.85	-59.7	-51.33	-40.34	Upgrade
Change in Working Capital	-6.1	-5.4	0.8	0.9	-0.8	Upgrade

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