Radial Research Cash Flow Statement

Financials in millions CAD. Fiscal year is June - May.

Millions CAD. Fiscal year is Jun - May.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2018 - 2020
Period Ending	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021	2018 - 2020
Net Income	-0.14	-0.15	-0.14	-0.78	-0.65	Upgrade
Other Amortization	0.04	0.04	0.04	0.12	0.04	Upgrade
Asset Writedown & Restructuring Costs	-	-	-	0.45	-	Upgrade
Stock-Based Compensation	-	-	-	-	0.02	Upgrade
Other Operating Activities	-0.05	-0.04	-0.04	0.04	0.42	Upgrade
Change in Accounts Receivable	-0	0.01	-0	-0	-0.01	Upgrade
Change in Accounts Payable	0.03	0.03	0.03	0.01	0.04	Upgrade
Change in Other Net Operating Assets	-	-0	-	-0	-0.01	Upgrade
Operating Cash Flow	-0.12	-0.11	-0.12	-0.16	-0.14	Upgrade
Miscellaneous Cash Flow Adjustments	-	0	-	-	-	Upgrade
Net Cash Flow	-0.12	-0.11	-0.12	-0.16	-0.14	Upgrade
Levered Free Cash Flow	-0.05	-0.04	-0.05	-0.07	0.04	Upgrade
Unlevered Free Cash Flow	-0.05	-0.04	-0.05	-0.03	0.08	Upgrade
Change in Working Capital	0.02	0.03	0.02	0.01	0.03	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.