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Page: Company Financials

Evolution AB (publ)

Ticker: E3G1.SG | Industry: Software - Application | Sector: Technology
$55.38 -0.24 (-0.43%)
As of: 2026-01-27

Master Data Export

Enterprise Value

Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Stock Price 68.83 92.77 111.16 89.32 128.83 55.91 19.12 10.42 10.51 10.08 10.08 10.08
Market Capitalization 14,048.82M 19,464.56M 23,739.38M 19,048.47M 27,492.18M 10,785.76M 3,458.24M 1,873.16M 1,890.69M 1,812.91M 1,809.55M 1,765.81M
(-) Cash & Equivalents 702.53M 777.45M 768.47M 387.38M 334.95M 230.47M 129.01M 59.43M 37.63M 19.67M 14.44M 2.07M
(+) Total Debt 95.49M 87.59M 79.70M 70.11M 67.36M 33.62M 22.81M 7.03M 7.98M 8.89M 0.00M 0.00M
Enterprise Value 13,441.78M 18,774.70M 23,050.61M 18,731.19M 27,224.59M 10,588.91M 3,352.04M 1,820.75M 1,861.04M 1,802.12M 1,795.11M 1,763.74M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31
Revenue 2,088M 2,010M 2,063M 1,799M 1,457M 1,069M 561M 366M 245M 178M 115M 76M 49M 39M 31M
Cost of Revenue 856M 759M -49M 626M 521M -26M 253M 210M 158M 109M 80M 0M -2M -1M -1M
Gross Profit 1,232M 1,251M 2,112M 1,173M 936M 1,095M 308M 156M 87M 69M 36M 76M 51M 40M 32M
Gross Profit Margin 59.0% 62.2% 102.4% 65.2% 64.3% 102.4% 55.0% 42.6% 35.6% 38.7% 31.0% 100.0% 104.2% 103.3% 103.2%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 0M 0M 0M 656M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
Operating Expenses 552M 700M 693M 656M 549M 441M 261M 208M 156M 112M 81M 55M 37M 31M 23M
Operating Income (EBIT) 680M 551M 1,420M 517M 387M 654M 47M -52M -68M -42M -45M 21M 13M 9M 9M
Operating Income Margin 32.6% 27.4% 68.8% 28.7% 26.6% 61.2% 8.4% -14.3% -27.9% -23.8% -38.8% 27.6% 27.0% 22.3% 30.2%
Interest Income 10M 13M 22M 14M 5M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
Interest Expense 19M -2M 7M 5M 5M 3M 1M 0M 0M 0M 0M 0M 0M 0M 0M
Net Interest Income -8M 15M 16M 9M 1M -3M -1M 0M 0M 0M 0M 0M 0M 0M 0M
Unusual Items 649M 754M 4M 653M 518M -4M 253M 210M 158M 109M 80M 0M 0M -1M 0M
EBT Excluding Unusual Items 672M 566M 1,435M 526M 388M 651M 46M -53M -69M -43M -45M 21M 13M 9M 9M
Pre-Tax Income 1,321M 1,320M 1,439M 1,179M 907M 647M 299M 157M 89M 67M 35M 21M 13M 8M 9M
Pre-Tax Margin 63.2% 65.7% 69.7% 65.5% 62.2% 60.6% 53.2% 43.0% 36.4% 37.4% 30.0% 27.6% 27.0% 20.3% 30.2%
Income Tax Expense 187M 167M 195M 80M 63M 42M 14M 8M 6M 5M 3M 1M 1M 1M 1M
Net Income 1,133M 1,150M 1,244M 1,071M 843M 605M 285M 150M 83M 62M 32M 20M 12M 7M 9M
Net Income Margin 54.3% 57.2% 60.3% 59.5% 57.9% 56.6% 50.7% 40.9% 34.0% 34.8% 27.5% 26.2% 24.9% 18.5% 27.8%
Depreciation & Amortization 155M 140M 142M 125M 95M 79M 34M 26M 18M 13M 10M 6M 4M 3M 2M
EBITDA 835M 690M 1,562M 642M 483M 733M 81M -27M -50M -29M -35M 27M 17M 12M 11M
EBITDA Margin 40.0% 34.3% 75.7% 35.7% 33.1% 68.6% 14.4% -7.3% -20.4% -16.2% -30.4% 35.4% 35.0% 31.2% 35.5%
NOPAT 584M 481M 1,227M 482M 360M 612M 45M -50M -64M -40M -41M 20M 12M 8M 9M
NOPAT Margin 28.0% 23.9% 59.5% 26.8% 24.7% 57.2% 8.0% -13.6% -26.1% -22.2% -35.6% 26.2% 24.9% 20.3% 27.8%
Owner's Earnings 1,172M 1,157M 1,250M 1,101M 842M 623M 282M 145M 69M 55M 10M 14M 10M 4M 6M
Owner's Earnings Margin 56.2% 57.6% 60.6% 61.2% 57.8% 58.3% 50.2% 39.7% 28.0% 30.6% 8.8% 18.4% 20.7% 10.3% 20.6%
EPS (Basic) 5.53 5.46 5.94 5.01 3.75 2.78 1.62 0.83 0.46 0.35 0.18 0.11 0.07 0.04 0.05
EPS (Diluted) 5.53 5.41 5.91 4.93 3.88 2.73 1.51 0.82 0.46 0.34 0.18 0.11 0.07 0.04 0.05
Shares (Basic) 205M 211M 210M 214M 213M 214M 184M 181M 180M 180M 180M 180M 175M 175M 175M
Shares (Diluted) 205M 213M 210M 217M 218M 222M 189M 183M 183M 182M 181M 180M 175M 175M 175M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31
Cash & Cash Equivalents 654.62M 494.89M 787.07M 985.76M 532.55M 421.43M 221.68M 182.52M 84.95M 49.27M 26.19M 19.93M 8.30M 5.60M 5.29M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 654.62M 494.89M 787.07M 985.76M 532.55M 421.43M 221.68M 182.52M 84.95M 49.27M 26.19M 19.93M 8.30M 5.60M 5.29M
Net Receivables 1,082.25M 492.98M 421.60M 1.97M 535.60M 0.00M 0.00M 0.00M 0.00M 66.82M 35.18M 13.75M 11.38M 7.39M 6.71M
Inventory 0.00M 0.00M 9.14M 7.17M 7.69M 3.52M 1.48M 1.40M 0.85M -66.82M 2.08M 0.00M 0.00M 0.00M 0.00M
Other Current Assets 0.00M 546.05M 760.47M 692.28M 4.17M 357.65M 264.57M 141.34M 89.54M 66.83M 35.18M 6.15M 11.34M 7.43M 0.00M
Total Current Assets 1,736.87M 1,533.92M 1,978.28M 1,687.17M 1,080.02M 782.61M 487.72M 325.25M 175.33M 116.10M 98.63M 39.83M 31.01M 20.41M 12.00M
Property, Plant & Equipment 250.71M 250.59M 249.96M 202.46M 190.08M 134.47M 106.37M 67.49M 39.62M 29.46M 24.34M 7.34M 4.83M 4.91M 2.70M
Goodwill 2,329.95M 2,318.07M 2,276.52M 2,324.01M 2,315.33M 2,188.48M 1,834.33M 12.49M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 679.72M 687.35M 692.40M 714.51M 742.93M 757.25M 723.19M 23.74M 21.34M 16.57M 14.45M 10.03M 6.55M 4.40M 3.45M
Long-Term Investments 113.08M 112.00M 110.77M 6.75M 8.80M 11.07M 3.30M 1.12M 0.95M 2.43M 0.52M 0.00M 0.00M 0.00M 0.00M
Tax Assets 10.89M 11.20M 9.25M 3.47M 2.79M 2.36M 2.70M 0.16M 0.18M 0.08M 0.55M 0.62M 0.00M 0.00M 0.00M
Other Non-Current Assets 0.00M 0.10M 1.97M 0.03M 0.07M 0.03M 0.00M 0.00M 0.00M 0.00M 0.00M 0.32M 0.04M 0.05M 0.03M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 3,384.35M 3,379.31M 3,340.88M 3,251.22M 3,260.00M 3,093.66M 2,669.88M 104.99M 62.10M 48.54M 39.86M 18.31M 11.43M 9.36M 6.19M
Total Assets 5,121.21M 4,913.24M 5,319.16M 4,938.39M 4,340.01M 3,876.26M 3,157.60M 430.24M 237.43M 164.64M 138.50M 58.15M 42.44M 29.77M 18.19M
Accounts Payable 12.71M 13.70M 16.05M 13.06M 10.09M 8.58M 15.34M 5.30M 3.19M 3.95M 2.17M 2.29M 0.61M 0.75M 0.43M
Short-Term Debt 16.60M 0.00M 16.18M 0.00M 0.00M 0.00M 0.00M 5.62M 0.95M 0.95M 1.13M 0.00M 0.00M 0.00M 0.00M
Tax Payables 0.00M 833.46M 957.24M 417.07M 312.68M 189.05M 164.08M 81.52M 49.94M 31.90M 18.70M 7.23M 4.55M 2.63M 3.31M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 2.72M 246.59M 221.15M 109.96M 49.94M 43.94M 22.24M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 212.50M 105.98M 97.34M 117.32M 88.73M 157.86M 176.89M 41.33M 18.69M 13.40M 9.26M 5.96M 3.76M 1.38M 0.55M
Total Current Liabilities 241.82M 953.13M 1,086.82M 547.46M 414.22M 602.08M 577.45M 243.73M 122.71M 94.13M 53.50M 15.48M 8.91M 4.77M 4.29M
Long-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 5.62M 6.69M 7.44M 0.00M 0.00M 0.00M 0.00M
Capital Lease Obligations 0.00M 89.88M 93.66M 79.46M 79.55M 67.81M 49.97M 19.42M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 61.44M 62.01M 62.98M 61.39M 66.11M 58.82M 36.67M 0.07M 0.00M 0.57M 0.73M 0.32M 0.19M 0.17M 0.08M
Other Non-Current Liabilities 18.54M 119.89M 131.48M 277.19M 351.93M 230.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Liabilities 79.98M 271.78M 288.12M 418.04M 497.59M 356.63M 86.64M 19.49M 5.62M 7.26M 8.17M 0.32M 0.19M 0.17M 0.08M
Total Liabilities 321.79M 1,224.91M 1,374.94M 965.50M 911.81M 958.71M 664.09M 263.22M 128.33M 101.39M 61.67M 15.80M 9.10M 4.94M 4.38M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 213.61M 18.24M 0.00M 0.00M 0.11M 0.04M 0.01M 0.00M 0.00M 0.00M 0.00M
Common Stock 0.65M 0.65M 0.65M 0.65M 0.65M 0.65M 0.64M 0.55M 0.54M 0.54M 0.54M 0.54M 0.53M 0.00M 0.00M
Retained Earnings 1,582.88M 1,521.22M 1,809.43M 1,792.81M 1,270.95M 802.97M 462.17M 262.82M 155.97M 104.69M 58.67M 38.41M 18.38M 9.30M 8.63M
Accumulated OCI -200.17M 0.00M 0.00M 0.00M -213.61M -18.24M 37.55M 0.10M -0.11M -0.04M -0.01M 0.00M 0.00M 0.00M 0.00M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 1,383.35M 1,521.87M 1,810.08M 1,793.46M 1,271.60M 803.61M 500.35M 263.47M 156.51M 105.23M 59.21M 38.95M 18.90M 9.30M 8.64M
Total Equity 1,383.35M 1,521.87M 1,810.08M 1,793.46M 1,271.60M 803.61M 500.35M 263.47M 156.51M 105.23M 59.21M 38.95M 18.90M 9.30M 8.64M
Total Liabilities & Equity 1,705.14M 2,746.78M 3,185.02M 2,758.97M 2,183.41M 1,762.32M 1,164.44M 526.69M 284.84M 206.62M 120.87M 54.75M 28.01M 14.25M 13.01M
Tangible Assets 2,111.54M 1,907.81M 2,350.23M 1,899.88M 1,281.75M 930.53M 600.08M 394.02M 216.08M 148.07M 124.05M 48.12M 35.89M 25.37M 14.74M
Tangible Equity -1,626.32M -1,483.55M -1,158.84M -1,245.05M -1,786.66M -2,142.12M -2,057.17M 227.24M 135.17M 88.66M 44.76M 28.91M 12.35M 4.91M 5.19M
Tangible Book Value -1,626.32M -1,483.55M -1,158.84M -1,245.05M -1,786.66M -2,142.12M -2,057.17M 227.24M 135.17M 88.66M 44.76M 28.91M 12.35M 4.91M 5.19M
Total Investments 113.08M 112.10M 110.77M 6.75M 8.80M 11.07M 3.30M 1.12M 0.95M 2.43M 0.52M 0.00M 0.00M 0.00M 0.00M
Net Debt -638.03M -494.89M -770.89M -985.76M -532.55M -421.43M -221.68M -176.90M -78.38M -41.63M -17.62M -19.93M -8.30M -5.60M -5.29M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31
Working Capital 575.5M 605.2M 902.8M 1,160.9M 683.5M 439.3M 131.0M 191.5M 105.8M 68.6M 32.2M 25.8M 12.5M 4.9M 7.3M
Total Capital 3,896.5M 3,818.7M 4,081.7M 4,067.7M 3,539.8M 3,258.8M 2,776.1M 305.9M 168.8M 117.5M 72.5M 43.8M 23.7M 14.1M 13.4M
Capital Employed 3,959.9M 3,984.5M 4,243.7M 4,412.2M 3,943.5M 3,532.9M 2,800.9M 296.4M 167.9M 117.1M 72.1M 44.1M 23.9M 14.2M 13.5M
Invested Capital 3,241.9M 3,323.9M 3,294.6M 3,081.9M 3,007.3M 2,837.3M 2,554.5M 123.4M 83.9M 68.3M 46.3M 23.9M 15.4M 8.5M 8.1M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31
Net Income 1,280.71M 1,203.77M 1,419.55M 1,099.04M 908.06M 654.00M 299.70M 157.47M 89.48M 66.88M 34.86M 21.08M 13.09M 7.87M 9.44M
Depreciation & Amortization 155.17M 139.93M 142.22M 127.96M 100.38M 80.65M 32.51M 25.48M 18.20M 13.75M 9.76M 5.95M 3.89M 3.47M 1.65M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital -31.04M -42.23M -58.54M -64.60M -78.13M -95.28M -34.89M -2.86M -5.14M -15.04M -3.84M -2.08M -2.05M 0.03M -0.96M
Accounts Receivable -45.26M -27.79M -60.34M -74.27M -68.40M -69.24M -33.78M -17.41M -8.23M -20.05M -6.87M 0.00M 0.00M 0.00M 0.00M
Inventory 0.00M 0.00M 0.00M 0.00M -3.98M -1.63M 1.54M 0.02M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accounts Payable -1.03M 4.89M 2.47M 3.12M 1.14M -6.99M -0.26M 1.37M -0.77M 1.75M -0.12M 0.00M 0.00M 0.00M 0.00M
Other Working Capital 15.26M -19.33M -1.01M 6.55M -6.88M -17.42M -2.40M 13.16M 3.80M 3.56M 3.20M 0.00M 0.00M 0.00M 0.00M
Other Non-Cash Items -115.50M 134.56M -202.23M 36.79M -52.85M -40.47M 18.73M -4.30M -2.51M -3.11M -0.76M -1.06M -0.71M -0.90M -0.33M
Net Cash from Operating Activities 1,289.34M 1,293.53M 1,301.00M 1,199.20M 877.47M 598.90M 316.05M 175.79M 100.04M 62.48M 40.03M 23.89M 14.22M 10.47M 9.80M
Capital Expenditures (PPE) -76.73M -132.10M -65.32M -96.67M -96.94M -61.59M -36.89M -30.11M -33.13M -20.95M -31.18M -11.94M -5.97M -6.63M -3.93M
Acquisitions (Net) -14.45M -4.53M -7.54M -48.79M -273.14M -92.23M 46.09M -11.81M 1.48M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -1.74M -105.11M -103.08M 0.00M -1.44M -1.11M -2.48M 0.00M 15.26M 0.00M -0.20M 0.00M 0.00M 0.00M 0.00M
Sales / Maturities of Investments 0.00M -1.28M 0.00M 2.43M 1.44M 1.11M 2.48M 0.00M 1.48M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Investing Activities -53.56M -12.14M -72.03M 0.00M -1.52M -1.13M -2.38M -0.60M -16.74M -1.44M -0.20M 0.00M 0.00M 0.00M 0.00M
Net Cash from Investing Activities -146.48M -240.30M -247.97M -143.03M -371.60M -154.95M 6.82M -42.52M -31.65M -22.39M -31.38M -11.94M -5.97M -6.63M -3.93M
Net Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -190.35M -0.95M -1.07M -0.73M 8.57M 0.00M 0.01M 0.00M 0.00M
Long-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -190.35M -0.95M -1.07M -0.75M 8.57M 0.00M 0.01M 0.00M 0.00M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance -553.94M -621.79M -660.54M -128.20M -77.31M -91.30M -8.36M 0.00M 0.80M 0.00M 0.38M 0.01M -5.50M 0.00M 0.00M
Common Stock Issuance 3.46M 27.09M 17.35M -12.44M -1.71M 31.47M 4.70M 11.57M 0.80M 0.00M 0.38M 0.01M 0.00M 0.00M 0.00M
Common Stock Repurchased -557.40M -643.39M -677.99M -115.76M -75.59M -123.32M -12.86M 0.00M 0.00M 0.00M 0.00M 0.00M -5.50M 0.00M 0.00M
Preferred Stock Issuance 0.00M -5.56M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -574.91M -560.44M -559.27M -438.65M -287.32M -141.91M -79.51M -43.50M -32.79M -16.19M -11.51M 0.00M -5.50M -3.50M -1.50M
Common Dividends Paid -574.91M -560.44M -559.27M -438.65M -287.32M -141.91M -79.51M -43.50M -32.79M -16.19M -11.51M 0.00M -5.50M -3.50M -1.50M
Preferred Dividends Paid 0.00M -0.46M 0.00M 0.00M -15.43M -2.47M 3.37M 0.00M 0.41M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities -18.64M -12.27M -18.27M -22.78M 5.94M -8.58M -5.06M -3.53M 0.00M -0.01M 0.00M 0.00M 5.50M -0.02M 0.03M
Net Cash from Financing Activities -1,147.49M -1,194.96M -1,238.08M -589.62M -394.20M -248.52M -279.91M -36.05M -32.64M -16.94M -2.56M -0.26M -5.49M -3.51M -1.48M
Effect of FX on Cash -4.00M -1.72M 0.76M -1.39M -0.55M 4.33M -3.81M 0.36M -0.06M -0.08M 0.18M -0.06M -0.06M -0.01M 0.01M
Net Change in Cash -8.64M -146.83M -184.28M 452.88M 111.12M 199.76M 39.16M 97.57M 35.68M 23.08M 6.26M 11.64M 2.69M 0.31M 4.41M
Cash at Beginning of Period 2,939.20M 3,450.88M 985.76M 528.44M 421.43M 221.68M 182.52M 84.95M 49.27M 26.19M 19.93M 8.30M 5.60M 5.29M 0.88M
Cash at End of Period 2,930.56M 3,304.05M 801.47M 981.32M 532.55M 421.43M 221.68M 182.52M 84.95M 49.27M 26.19M 19.93M 8.30M 5.60M 5.29M
Operating Cash Flow 1,289.34M 1,293.53M 1,301.00M 1,168.45M 877.47M 598.90M 316.05M 175.79M 100.04M 62.48M 40.03M 23.89M 14.22M 10.47M 9.80M
Capital Expenditure -116.03M -132.10M -136.71M -94.19M -96.94M -61.59M -36.89M -30.11M -33.13M -20.95M -31.18M -11.94M -5.97M -6.63M -3.93M
Free Cash Flow 1,173.31M 1,161.43M 1,164.29M 1,074.26M 780.53M 537.30M 279.17M 145.68M 66.91M 41.54M 8.85M 11.95M 8.25M 3.84M 5.87M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31
EBITDA 1,386.94M 1,390.31M 2,254.50M 641.61M 1,031.40M 1,174.00M 342.33M 181.54M 105.92M 82.58M 45.44M 82.30M 54.46M 43.52M 33.92M
(-) Tax Adjustment 196.59M 175.58M 305.38M 43.43M 71.94M 76.25M 16.11M 8.71M 6.96M 5.62M 3.79M 4.09M 4.17M 3.92M 2.65M
(-) Change In Working Capital -31.04M -42.23M -58.54M -64.60M -78.13M -95.28M -34.89M -2.86M -5.14M -15.04M -3.84M -2.08M -2.05M 0.03M -0.96M
(-) Capital Expenditure -116.03M -132.10M -136.71M -94.19M -96.94M -61.59M -36.89M -30.11M -33.13M -20.95M -31.18M -11.94M -5.97M -6.63M -3.93M
Unlevered Free Cash Flow 1,105.36M 1,124.86M 1,870.95M 568.59M 940.65M 1,131.43M 324.22M 145.59M 70.97M 71.06M 14.30M 68.36M 46.37M 32.95M 28.29M
(-) Net Interest Income After Taxes -7.04M 13.54M 13.47M 8.51M 0.65M -2.40M -0.97M -0.16M -0.14M -0.16M -0.20M 0.00M 0.00M 0.01M 0.00M
Net Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -190.35M -0.95M -1.07M -0.73M 8.57M 0.00M 0.01M 0.00M 0.00M
Levered Free Cash Flow 1,112.40M 1,111.33M 1,857.47M 560.08M 939.99M 1,133.84M 134.84M 144.80M 70.03M 70.49M 23.07M 68.36M 46.37M 32.94M 28.29M