| CHF millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (62.8) | (63.8) | 117.9 | (62.0) | (54.0) | (61.7) | −14.1% | |
| Depreciation & amortization | 2.9 | 2.6 | 2.4 | 2.4 | 2.4 | 2.1 | −9.5% | |
| Stock-based compensation | 2.9 | 4.1 | 5.1 | 5.2 | 4.1 | 4.4 | +7.6% | |
| Change in working capital | 22.5 | (34.7) | (6.0) | (6.0) | (3.8) | 1.2 | +130.4% | |
| Operating cash flow | (29.0) | (91.0) | 118.6 | (59.0) | (59.2) | (51.3) | +13.5% | |
| Capital expenditure | (1.7) | (1.3) | (1.4) | (0.6) | (0.7) | (0.7) | +1.2% | |
| Acquisitions | 0.2 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (21.7) | (22.2) | (101.1) | 44.6 | 40.5 | 72.5 | +79.2% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | (0.6) | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (1.3) | (1.2) | (1.2) | (1.2) | (1.2) | (1.2) | −0.3% | |
| Financing cash flow | 113.2 | 50.6 | (1.6) | (1.2) | 14.4 | (1.1) | −108.0% | |
| Free cash flow | (30.7) | (92.3) | 117.1 | (59.8) | (60.0) | (52.0) | +13.3% | |
| Net change in cash | 58.0 | (61.9) | 16.1 | (20.6) | (3.4) | 18.8 | +646.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in CHF; the shares trade in USD.
