| CHF millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (388.4) | (23.3) | (290.0) | (82.1) | (70.9) | (74.2) | −4.7% | |
| Depreciation & amortization | 28.9 | 20.2 | 18.0 | 16.5 | 13.8 | 9.4 | −31.9% | |
| Stock-based compensation | 11.1 | 9.4 | 6.9 | 2.7 | 3.0 | 0.0 | −100.0% | |
| Change in working capital | (47.8) | (11.5) | (9.8) | 0.8 | 0.7 | (5.8) | −928.6% | |
| Operating cash flow | 1.3 | 5.8 | (63.3) | (49.5) | (68.1) | (58.8) | +13.7% | |
| Capital expenditure | (19.2) | (20.7) | (14.1) | (2.8) | (7.6) | (2.5) | +67.1% | |
| Acquisitions | (9.6) | (2.8) | 0.0 | 0.0 | (17.4) | (1.3) | +92.5% | |
| Investing cash flow | (28.8) | (23.5) | (14.1) | (2.8) | (25.0) | (3.8) | +84.8% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | (3.5) | (6.7) | (3.9) | (0.3) | (1.3) | 0.0 | +100.0% | |
| Debt issued / repaid | 0.0 | 0.0 | (9.2) | 36.0 | 33.0 | 38.5 | +16.7% | |
| Financing cash flow | (10.6) | (16.3) | (13.9) | 27.0 | 49.8 | 35.4 | −28.9% | |
| Free cash flow | (17.9) | (14.9) | (77.4) | (52.3) | (75.7) | (61.3) | +19.0% | |
| Net change in cash | (44.9) | (36.1) | (96.9) | (50.7) | (22.1) | (26.5) | −19.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
