Firan Technology Group Cash Flow Statement

Financials in millions CAD. Fiscal year is December - November.

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Net Income	13.08	10.82	11.62	0.7	0.26
Depreciation & Amortization	10.56	8.35	6.89	5.74	6.33
Loss (Gain) From Sale of Assets	0.01	0.08	0.06	0.36	-0.25
Stock-Based Compensation	0.53	0.29	0.22	-0.03	0.07
Other Operating Activities	2.8	1.43	0.17	-0.04	-1.96
Change in Accounts Receivable	-4.59	-6.58	-5.76	-0.37	0.94
Change in Inventory	-3.02	2.05	-5.24	-2.8	2.32
Change in Accounts Payable	-4.11	-0.25	6.65	1.41	-0.44
Change in Unearned Revenue	0	-0.8	-2.58	4.05	-0.05
Change in Income Taxes	-0.28	-1.19	0.57	0.71	-0.28
Change in Other Net Operating Assets	2.88	0.29	-1.29	0.47	0.69
Operating Cash Flow	17.84	14.48	11.3	10.19	7.63
Operating Cash Flow Growth	23.18%	28.20%	10.90%	33.44%	-51.62%
Capital Expenditures	-4.6	-7.25	-6.53	-12.31	-2.9
Sale of Property, Plant & Equipment	0.02	-	-	-	-
Cash Acquisitions	-5.46	-0.41	-25.37	-	-
Other Investing Activities	-0.45	0.42	8.2	1.2	-0.05
Investing Cash Flow	-10.49	-7.24	-23.69	-11.11	-2.95
Long-Term Debt Issued	15.09	1.86	7.84	1.93	-
Total Debt Issued	15.09	1.86	7.84	1.93	-
Long-Term Debt Repaid	-20.64	-5.49	-3.72	-2.52	-2.7
Total Debt Repaid	-20.64	-5.49	-3.72	-2.52	-2.7
Net Debt Issued (Repaid)	-5.56	-3.64	4.12	-0.6	-2.7
Repurchase of Common Stock	-0.65	-0.26	-0.16	-1.14	-
Other Financing Activities	-1.08	-0.79	-0.48	-	-
Financing Cash Flow	-7.28	-4.69	3.49	-1.73	-2.7
Foreign Exchange Rate Adjustments	0.22	0.79	-0.14	-1.88	-0.82
Net Cash Flow	0.3	3.34	-9.05	-4.53	1.16
Free Cash Flow	13.24	7.24	4.77	-2.12	4.73
Free Cash Flow Growth	82.97%	51.68%	-	-	-62.31%
Free Cash Flow Margin	6.93%	4.46%	3.53%	-2.37%	5.96%
Free Cash Flow Per Share	0.52	0.30	0.20	-0.09	0.19
Cash Interest Paid	0.36	0.35	0.27	0.09	0.13
Cash Income Tax Paid	4.17	4.85	2.61	1.07	1.24
Levered Free Cash Flow	8.06	4.74	-12.68	0.38	6.71
Unlevered Free Cash Flow	9.77	6.12	-11.85	0.67	7.07
Change in Working Capital	-9.12	-6.47	-7.66	3.46	3.19

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