| CHF millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 27.7 | 67.4 | 78.1 | 15.4 | 35.1 | 12.2 | −65.2% | |
| Depreciation & amortization | 19.3 | 18.7 | 19.5 | 20.0 | 22.1 | 21.4 | −3.1% | |
| Stock-based compensation | 0.5 | 1.3 | 1.2 | 0.6 | 0.0 | 0.0 | — | |
| Change in working capital | 10.8 | (16.4) | (41.6) | (3.8) | (6.5) | 17.5 | +368.5% | |
| Operating cash flow | 55.3 | 69.0 | 63.2 | 22.3 | 50.4 | 48.3 | −4.2% | |
| Capital expenditure | (13.6) | (13.2) | (23.2) | (24.1) | (10.3) | (41.5) | −301.7% | |
| Acquisitions | (0.5) | (0.0) | 0.2 | 1.0 | 1.1 | 0.2 | −84.8% | |
| Investing cash flow | (15.5) | (12.9) | (22.7) | (22.8) | (11.2) | (42.0) | −274.8% | |
| Dividends paid | (7.8) | (10.1) | (27.2) | (28.8) | (7.8) | (11.7) | −49.9% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | (1.9) | (1.3) | (0.4) | +65.1% | |
| Debt issued / repaid | (16.7) | (5.4) | (4.3) | (3.9) | 0.0 | 0.0 | — | |
| Financing cash flow | (24.5) | (15.5) | (28.0) | (33.9) | (14.5) | (17.9) | −22.7% | |
| Free cash flow | 41.7 | 55.8 | 40.0 | (1.9) | 40.1 | 6.8 | −83.1% | |
| Net change in cash | 14.4 | 40.9 | 10.4 | (39.2) | 27.0 | (17.2) | −163.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
