Modelon AB Cash Flow Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Mar '26 Mar 31, 2026	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	-31.44	-32.64	-59.45	-55.6	-64.83	-28.5	Upgrade
Depreciation & Amortization	0.78	0.78	0.99	1.14	0.93	0.81	Upgrade
Loss (Gain) From Sale of Assets	0.03	0.03	0.02	0.01	0.05	-	Upgrade
Stock-Based Compensation	0.17	0.17	0.1	0.11	0.12	-	Upgrade
Other Operating Activities	0.19	2.59	-1.63	0.72	1.66	-13.8	Upgrade
Change in Accounts Receivable	2.26	15.86	-9.74	-0.15	-1.95	17.54	Upgrade
Change in Other Net Operating Assets	-14.48	-24.28	22.03	1.57	8.4	4.63	Upgrade
Operating Cash Flow	-42.5	-37.5	-47.68	-52.2	-55.62	-19.31	Upgrade
Capital Expenditures	-0.3	-0.2	-0.44	-0.29	-2.72	-0.16	Upgrade
Sale (Purchase) of Intangibles	-	-	-	-	-	-0.02	Upgrade
Investing Cash Flow	-0.3	-0.2	-0.44	-0.29	-2.72	-0.18	Upgrade
Issuance of Common Stock	20	20	56.81	-	-	150	Upgrade
Other Financing Activities	-0.37	-0.37	-5.2	-0.02	-0.05	-12.26	Upgrade
Financing Cash Flow	19.63	19.63	51.61	-0.02	-0.05	137.74	Upgrade
Foreign Exchange Rate Adjustments	-1.01	-2.51	0.15	-0.36	0.84	0.89	Upgrade
Net Cash Flow	-24.37	-20.57	3.63	-52.87	-57.54	119.14	Upgrade
Free Cash Flow	-42.79	-37.69	-48.12	-52.49	-58.33	-19.47	Upgrade
Free Cash Flow Margin	-64.66%	-52.73%	-57.55%	-66.45%	-86.31%	-28.28%	Upgrade
Free Cash Flow Per Share	-	-2.15	-3.43	-4.77	-5.29	-1.77	Upgrade
Cash Interest Paid	0.08	0.08	0.35	0.1	0.1	0.1	Upgrade
Cash Income Tax Paid	0.47	0.47	0.17	0.1	-0.2	1.19	Upgrade
Levered Free Cash Flow	-14.36	-27.55	-26.63	-32.55	-34.65	-4.96	Upgrade
Unlevered Free Cash Flow	-14.36	-27.5	-26.41	-32.48	-34.58	-4.9	Upgrade
Change in Working Capital	-12.23	-8.43	12.29	1.42	6.45	22.17	Upgrade

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