| CHF millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 4.2 | 7.5 | 3.8 | 6.1 | 27.3 | 16.9 | −37.9% | |
| Depreciation & amortization | 10.3 | 10.7 | 20.0 | 21.8 | 19.8 | 24.5 | +23.7% | |
| Stock-based compensation | 0.0 | 0.0 | 0.5 | 1.0 | 0.0 | 0.0 | — | |
| Change in working capital | (1.8) | (10.3) | (33.0) | 5.0 | 26.9 | 22.4 | −16.9% | |
| Operating cash flow | 13.8 | 9.2 | (10.1) | 38.8 | 74.8 | 62.8 | −16.1% | |
| Capital expenditure | (6.6) | (8.1) | (11.4) | (12.4) | (13.1) | (12.9) | +1.4% | |
| Acquisitions | 0.0 | (45.0) | (19.6) | (22.0) | (54.8) | (49.7) | +9.4% | |
| Investing cash flow | (6.6) | (53.1) | (31.0) | (34.5) | (68.5) | (63.6) | +7.1% | |
| Dividends paid | (4.3) | (2.9) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | (0.2) | 0.0 | (0.0) | (0.3) | (3.2) | 0.0 | +100.0% | |
| Debt issued / repaid | 12.3 | 73.7 | 12.7 | 14.7 | 13.1 | 29.5 | +124.2% | |
| Financing cash flow | 3.1 | 70.8 | 48.9 | (20.6) | 8.9 | 29.1 | +225.5% | |
| Free cash flow | 7.1 | 1.2 | (21.5) | 26.4 | 61.7 | 49.9 | −19.2% | |
| Net change in cash | 9.5 | 25.7 | 6.7 | (17.6) | 16.3 | 25.3 | +55.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
