Cash flow Uswe Sports AB

Equities

USWE

SE0015949771

Apparel & Accessories Retailers

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2026-05-08 EDT			5-day change	1st Jan Change
11.80 ^SEK	-2.48%		-2.48%	-16.90%

01-29	Uswe Sports Q3 Ebitda Up at SEK 3.27 Mln	RE
01-29	Uswe Sports AB Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025	CI

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Published financial data: USWE SPORTS AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	44.67M	83.78M	96.61M	116M	126M
Other Revenues, Total	-	-	-	-	1K
Total Revenues	44.67M	83.78M	96.61M	116M	126M
Cost of Goods Sold, Total	18.81M	39.35M	41.86M	47.37M	55.25M
Gross Profit	25.85M	44.43M	54.75M	68.99M	70.93M
Selling General & Admin Expenses, Total	22.94M	37.65M	71.85M	68.15M	69.77M
Depreciation & Amortization - (IS)	908K	1.61M	5.24M	7.9M	13.52M
Other Operating Expenses	-14.53K	-	8K	1.94M	1.91M
Other Operating Expenses, Total	23.83M	39.26M	77.09M	77.99M	85.19M
Operating Income	2.03M	5.16M	-22.34M	-9M	-14.26M
Interest Expense, Total	-519K	-149K	-749K	-2.7M	-1.33M
Interest And Investment Income	-	-	7K	95K	207K
Net Interest Expenses	-519K	-149K	-742K	-2.61M	-1.13M
Currency Exchange Gains (Loss)	-1.13M	665K	1.96M	924K	-2.91M
Other Non Operating Income (Expenses)	-	-	-	2.44M	3.08M
EBT, Excl. Unusual Items	378K	5.68M	-21.12M	-8.24M	-15.21M
EBT, Incl. Unusual Items	378K	5.68M	-21.12M	-8.24M	-15.21M
Income Tax Expense	-6.11M	1.18M	-4.44M	-360K	-846K
Earnings From Continuing Operations	6.49M	4.5M	-16.68M	-7.88M	-14.37M
Net Income to Company	6.49M	4.5M	-16.68M	-7.88M	-14.37M
Net Income - (IS)	6.49M	4.5M	-16.68M	-7.88M	-14.37M
Net Income to Common Incl Extra Items	6.49M	4.5M	-16.68M	-7.88M	-14.37M
Net Income to Common Excl. Extra Items	6.49M	4.5M	-16.68M	-7.88M	-14.37M
Per Share Items
Net EPS - Basic	2.39	1.28	-3.77	-1.74	-2.13
Basic EPS - Continuing Operations	2.39	1.28	-3.77	-1.74	-2.13
Basic Weighted Average Shares Outstanding	2.72M	3.51M	4.42M	4.54M	6.74M
Net EPS - Diluted	2.39	1.21	-3.77	-1.74	-2.13
Diluted EPS - Continuing Operations	2.39	1.21	-3.77	-1.74	-2.13
Diluted Weighted Average Shares Outstanding	2.72M	3.73M	4.42M	4.54M	6.74M
Normalized Basic EPS	0.09	1.01	-2.98	-1.13	-1.41
Normalized Diluted EPS	0.09	0.95	-2.98	-1.13	-1.41
Supplemental Items
EBITDA	2.93M	5.88M	-18.95M	-4.92M	-9.84M
EBITA	2.03M	5.78M	-19.06M	-5.02M	-10.27M
EBIT	2.03M	5.16M	-22.34M	-9M	-14.26M
Total Revenues (As Reported)	44.68M	84.44M	98.46M	119M	129M
Effective Tax Rate - (Ratio)	-1.62K	20.75	21.03	4.37	5.56
Total Deferred Taxes	-6.11M	1.18M	-4.44M	-360K	-846K
Normalized Net Income	236K	3.55M	-13.2M	-5.15M	-9.51M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	655K	901K	1.85M	3.8M	3.81M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.49M	11.48M	9.11M	3.23M	3.87M
Total Cash And Short Term Investments	1.49M	11.48M	9.11M	3.23M	3.87M
Accounts Receivable, Total	11.95M	29.78M	17.66M	21.18M	20.66M
Other Receivables	306K	759K	2.64M	1.84M	1.23M
Total Receivables	12.26M	30.54M	20.3M	23.02M	21.89M
Inventory	7.41M	19.52M	36.64M	38.16M	33.56M
Prepaid Expenses	359K	1.15M	1.47M	3.71M	4.75M
Total Current Assets	21.52M	62.69M	67.52M	68.13M	64.08M
Gross Property Plant And Equipment	457K	657K	885K	1.4M	1.6M
Accumulated Depreciation	-117K	-211K	-313K	-415K	-833K
Net Property Plant And Equipment	340K	446K	572K	990K	763K
Goodwill	-	-	16.09M	14.82M	12.23M
Other Intangibles, Total	1.39M	11.13M	16.64M	14.88M	7.11M
Deferred Tax Assets Long-Term	6.11M	4.93M	9.38M	9.81M	10.55M
Deferred Charges Long-Term	2.99M	8.77M	15.26M	16.13M	15.53M
Other Long-Term Assets, Total	21	-	-	-	24K
Total Assets	32.35M	87.96M	125M	125M	110M
Liabilities
Accounts Payable, Total	5.1M	5.98M	17.79M	17.68M	16.97M
Accrued Expenses, Total	6.04M	12.04M	4.18M	6.83M	5.21M
Short-term Borrowings	2.36M	-	-	2.28M	2.62M
Current Portion of Long-Term Debt	2.43M	-	7.8M	8.68M	5.5M
Other Current Liabilities	3.66M	600K	6.99M	21.67M	7.24M
Total Current Liabilities	19.59M	18.63M	36.76M	57.15M	37.53M
Long-Term Debt	-	-	11.93M	6.44M	945K
Other Non Current Liabilities	-	-	11.47M	3.87M	2.4M
Total Liabilities	19.59M	18.63M	60.17M	67.46M	40.88M
Common Stock, Total	1.36M	2.15M	2.27M	2.27M	3.57M
Additional Paid In Capital	18.47M	69.6M	82.1M	82.1M	107M
Retained Earnings	-7.07M	4.5M	-16.68M	-7.88M	-14.37M
Comprehensive Income and Other	-	-6.92M	-2.4M	-19.19M	-26.49M
Total Common Equity	12.76M	69.33M	65.29M	57.3M	69.4M
Total Equity	12.76M	69.33M	65.29M	57.3M	69.4M
Total Liabilities And Equity	32.35M	87.96M	125M	125M	110M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.72M	4.31M	4.54M	4.54M	7.14M
ECS Total Common Shares Outstanding	2.72M	-	4.54M	4.54M	7.14M
Book Value / Share	4.69	16.1	14.38	12.62	9.73
Tangible Book Value	11.37M	58.2M	32.56M	27.6M	50.06M
Tangible Book Value Per Share	4.18	13.52	7.17	6.08	7.01
Total Debt	4.79M	0	19.74M	17.41M	9.06M
Net Debt	3.29M	-11.48M	10.62M	14.18M	5.19M
Account Code - Inventory Valuation	5	-	6	6	5
Inventories - Finished Goods, Total	7.41M	18.49M	36.12M	38.01M	33.44M
Inventories - Others	-	1.03M	518K	152K	128K
Machinery, Total	457K	657K	885K	1.4M	1.6M
Full Time Employees	6.75	-	21	24	24

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	-	4.5M	-16.68M	-7.88M	-14.37M
Depreciation & Amortization - CF	-	94K	108K	103K	425K
Amortization of Goodwill and Intangible Assets - (CF)	-	616K	3.28M	3.98M	3.99M
Depreciation & Amortization, Total	-	710K	3.39M	4.09M	4.42M
Amortization of Deferred Charges, Total - (CF)	-	901K	1.85M	3.8M	3.81M
Other Operating Activities, Total	-	1.18M	-4.44M	-1.2M	5.84M
Change In Accounts Receivable	-	-17.83M	12.12M	-3.52M	518K
Change In Inventories	-	-12.11M	-9.08M	-1.53M	4.6M
Change in Other Net Operating Assets	-	5.58M	7.68M	2.46M	-2.5M
Cash from Operations	-	-17.07M	-5.16M	-3.79M	2.32M
Capital Expenditure	-	-200K	-168K	-523K	-342K
Cash Acquisitions	-	-	-15.77M	-	-6.39M
Sale (Purchase) of Intangible assets	-	-17.03M	-5.95M	-4.84M	-3.36M
Other Investing Activities, Total	-	-	-	-	-24K
Cash from Investing	-	-17.23M	-21.89M	-5.36M	-10.12M
Short Term Debt Issued, Total	-	-	-	2.28M	333K
Long-Term Debt Issued, Total	-	-	27.61M	6.5M	1.79M
Total Debt Issued	-	-	27.61M	8.78M	2.13M
Short Term Debt Repaid, Total	-	-2.36M	-	-	-
Long-Term Debt Repaid, Total	-	-2.43M	-2.87M	-5.5M	-10.48M
Total Debt Repaid	-	-4.78M	-2.87M	-5.5M	-10.48M
Issuance of Common Stock	-	56.83M	-	-	19.55M
Other Financing Activities, Total	-	-7.76M	-52K	-	-2.66M
Cash from Financing	-	44.29M	24.68M	3.28M	8.54M
Foreign Exchange Rate Adjustments	-	-	-	-18K	-92K
Net Change in Cash	-	9.98M	-2.36M	-5.88M	640K
Supplemental Items
Cash Interest Paid	-	149K	749K	2.7M	3.27M
Cash Income Tax Paid (Refund)	-	-	-	53K	-19K
Levered Free Cash Flow	-	-39.85M	-12.18M	5.94M	-17.3M
Unlevered Free Cash Flow	-	-39.76M	-11.71M	7.63M	-16.47M
Change In Net Working Capital	981K	27.37M	-3.14M	-10.73M	12.08M
Net Debt Issued / Repaid	-	-4.78M	24.74M	3.28M	-8.35M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.01	5.37	-13.09	-4.5	-7.58
Return on Total Capital	9.04	7.43	-18.09	-7.04	-11.64
Return On Equity %	68.18	10.97	-24.78	-12.86	-22.68
Return on Common Equity	68.18	10.97	-24.78	-12.86	-22.68
Margin Analysis
Gross Profit Margin %	57.88	53.03	56.67	59.29	56.21
SG&A Margin	51.35	44.94	74.37	58.57	55.29
EBITDA Margin %	6.57	7.01	-19.62	-4.22	-7.8
EBITA Margin %	4.53	6.9	-19.73	-4.31	-8.14
EBIT Margin %	4.53	6.17	-23.13	-7.74	-11.3
Income From Continuing Operations Margin %	14.52	5.37	-17.26	-6.78	-11.39
Net Income Margin %	14.52	5.37	-17.26	-6.78	-11.39
Net Avail. For Common Margin %	14.52	5.37	-17.26	-6.78	-11.39
Normalized Net Income Margin	0.53	4.24	-13.66	-4.43	-7.54
Levered Free Cash Flow Margin	-	-47.57	-12.6	5.11	-13.71
Unlevered Free Cash Flow Margin	-	-47.46	-12.12	6.56	-13.05
Asset Turnover
Asset Turnover	1.77	1.39	0.91	0.93	1.07
Fixed Assets Turnover	150.85	213.13	189.81	148.98	154.64
Receivables Turnover (Average Receivables)	4.51	4.02	4.07	5.99	6.03
Inventory Turnover (Average Inventory)	3.38	2.92	1.49	1.27	1.54
Short Term Liquidity
Current Ratio	1.1	3.37	1.84	1.19	1.71
Quick Ratio	0.7	2.26	0.8	0.46	0.69
Operating Cash Flow to Current Liabilities	-	-0.92	-0.14	-0.07	0.06
Days Sales Outstanding (Average Receivables)	80.94	90.9	89.61	61.09	60.52
Days Outstanding Inventory (Average Inventory)	108.07	124.92	244.83	288.98	236.93
Average Days Payable Outstanding	62.36	39.31	73.57	132.75	124.85
Cash Conversion Cycle (Average Days)	126.64	176.51	260.87	217.32	172.6
Long Term Solvency
Total Debt/Equity	37.51	-	30.23	30.38	13.05
Total Debt / Total Capital	27.28	-	23.21	23.3	11.54
LT Debt/Equity	-	-	18.28	11.24	1.36
Long-Term Debt / Total Capital	-	-	14.04	8.62	1.2
Total Liabilities / Total Assets	60.57	21.18	47.96	54.07	37.07
EBIT / Interest Expense	3.9	34.66	-29.83	-3.33	-10.7
EBITDA / Interest Expense	5.65	39.43	-25.3	-1.82	-7.39
(EBITDA - Capex) / Interest Expense	5.65	38.09	-25.53	-2.01	-7.64
Total Debt / EBITDA	1.63	-	-1.04	-3.54	-0.92
Net Debt / EBITDA	1.12	-1.95	-0.56	-2.88	-0.53
Total Debt / (EBITDA - Capex)	1.63	-	-1.03	-3.2	-0.89
Net Debt / (EBITDA - Capex)	1.12	-2.02	-0.56	-2.61	-0.51
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	53.03	87.56	15.32	20.44	8.45
Gross Profit, 1 Yr. Growth %	54.61	71.83	23.24	26.01	2.82
EBITDA, 1 Yr. Growth %	-197.39	100.29	-422.6	-74.06	137.63
EBITA, 1 Yr. Growth %	-154.17	185.42	-429.72	-73.67	134.26
EBIT, 1 Yr. Growth %	-154.17	155.01	-532.57	-59.71	70.43
Earnings From Cont. Operations, 1 Yr. Growth %	-237.33	-30.59	-470.48	-52.72	82.22
Net Income, 1 Yr. Growth %	-237.33	-30.59	-470.48	-52.72	82.22
Normalized Net Income, 1 Yr. Growth %	-108	1.4K	-471.78	-60.96	84.66
Diluted EPS Before Extra, 1 Yr. Growth %	-237.33	-49.27	-411.63	-52.72	22.51
Accounts Receivable, 1 Yr. Growth %	52.04	149.21	-40.7	19.94	-2.44
Inventory, 1 Yr. Growth %	98.76	163.43	87.65	4.17	-12.06
Net Property, Plant and Equip., 1 Yr. Growth %	34.96	31.12	28.25	73.08	-12.2
Total Assets, 1 Yr. Growth %	78.24	171.92	42.63	-0.56	-11.6
Tangible Book Value, 1 Yr. Growth %	130.37	411.94	-44.05	-15.25	81.38
Common Equity, 1 Yr. Growth %	103.44	443.51	-5.83	-12.25	21.14
Cash From Operations, 1 Yr. Growth %	-	-	-69.79	-26.59	-161.2
Capital Expenditures, 1 Yr. Growth %	-	-	-16	211.31	-34.61
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-69.45	-148.82	-372.85
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-70.55	-165.19	-305.11
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	66.46	69.42	47.07	17.85	14.28
Gross Profit, 2 Yr. CAGR %	86.91	62.99	45.52	24.61	13.83
EBITDA, 2 Yr. CAGR %	-	39.67	154.19	-8.53	-27.93
EBITA, 2 Yr. CAGR %	-37.61	24.34	206.77	-6.82	-26.6
EBIT, 2 Yr. CAGR %	-37.61	17.53	232.13	32.02	-20.11
Earnings From Cont. Operations, 2 Yr. CAGR %	4.71	-2.36	60.36	32.34	-7.19
Net Income, 2 Yr. CAGR %	4.71	-2.36	60.36	32.34	-7.19
Normalized Net Income, 2 Yr. CAGR %	-74.73	9.68	647.65	20.47	-15.13
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-16.53	25.73	19.79	-23.81
Accounts Receivable, 2 Yr. CAGR %	93.85	94.65	21.57	-15.66	8.17
Inventory, 2 Yr. CAGR %	21.07	128.82	122.33	39.81	-4.29
Net Property, Plant and Equip., 2 Yr. CAGR %	-	33.02	29.68	48.99	15.5
Total Assets, 2 Yr. CAGR %	47.19	120.15	96.94	19.09	-6.24
Tangible Book Value, 2 Yr. CAGR %	196.58	243.42	69.25	-31.14	23.99
Common Equity, 2 Yr. CAGR %	153.16	232.52	126.24	-9.09	3.1
Cash From Operations, 2 Yr. CAGR %	-	-	-	-52.91	-32.97
Capital Expenditures, 2 Yr. CAGR %	-	-	-	61.71	42.68
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-61.38	19.21
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-56.19	18.61
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	73.21	49.03	37.59	14.63
Gross Profit, 3 Yr. CAGR %	-	81.74	48.49	38.7	16.88
EBITDA, 3 Yr. CAGR %	-	-	84.62	18.78	18.78
EBITA, 3 Yr. CAGR %	-	3.57	72.1	35.32	21.11
EBIT, 3 Yr. CAGR %	-	-0.24	81.46	64.41	40.29
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-8.7	52.29	6.73	47.23
Net Income, 3 Yr. CAGR %	-	-8.7	52.29	6.73	47.23
Normalized Net Income, 3 Yr. CAGR %	-	-1.34	64.76	179.44	38.87
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	29.49	-10.04	20.78
Accounts Receivable, 3 Yr. CAGR %	-	110.78	30.98	21.02	-11.47
Inventory, 3 Yr. CAGR %	-	56.89	114.18	72.68	19.79
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	31.41	42.77	19.6
Total Assets, 3 Yr. CAGR %	-	80.61	90.5	56.82	7.83
Tangible Book Value, 3 Yr. CAGR %	-	255.77	87.57	34.4	-4.9
Common Equity, 3 Yr. CAGR %	-	226.59	118.37	64.99	0.04
Cash From Operations, 3 Yr. CAGR %	-	-	-	-	-48.61
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	19.58
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-24.28
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-25.46
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	48.48	34.02
Gross Profit, 5 Yr. CAGR %	-	-	-	56.28	33.51
EBITDA, 5 Yr. CAGR %	-	-	-	-	26.73
EBITA, 5 Yr. CAGR %	-	-	-	-0.72	22.39
EBIT, 5 Yr. CAGR %	-	-	-	11.59	30.7
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	5.92	24.92
Net Income, 5 Yr. CAGR %	-	-	-	5.92	24.92
Normalized Net Income, 5 Yr. CAGR %	-	-	-	6.87	26.36
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	4.18
Accounts Receivable, 5 Yr. CAGR %	-	-	-	46.12	21.33
Inventory, 5 Yr. CAGR %	-	-	-	49.82	55.19
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	24.8
Total Assets, 5 Yr. CAGR %	-	-	-	52.9	43.46
Tangible Book Value, 5 Yr. CAGR %	-	-	-	84.46	58.94
Common Equity, 5 Yr. CAGR %	-	-	-	95.81	61.74