Birks Group Cash Flow Statement

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 27, 2025	Mar '25 Mar 29, 2025	Mar '24 Mar 30, 2024	Mar '23 Mar 25, 2023	Mar '22 Mar 26, 2022	Mar '21 Mar 27, 2021
Net Income	-12.3	-12.82	-4.63	-7.43	1.29	-5.84
Depreciation & Amortization	7.72	7.73	6.64	5.67	5.81	5.46
Other Amortization	0.33	0.13	0.21	0.19	0.25	0.28
Asset Writedown & Restructuring Costs	4.59	4.59	-	-	-	-
Loss (Gain) on Equity Investments	-2.52	-2.43	-2.17	-1.96	-	-
Stock-Based Compensation	-	-	0.03	0.55	0.09	-
Other Operating Activities	-0.53	-1.87	-0.49	-0.65	-0.81	-0.19
Change in Accounts Receivable	-0.05	1.84	4.18	-0.26	0.82	-1.3
Change in Inventory	-8.82	-17.21	-10.71	-9.45	18.88	4.11
Change in Accounts Payable	8.02	15.26	5.52	9.04	-9.66	-10.64
Change in Other Net Operating Assets	0.85	2.86	1.25	-2.63	1.98	6.39
Operating Cash Flow	-2.71	-1.91	-0.17	-6.93	18.65	-1.72
Capital Expenditures	-3.54	-7.01	-6.28	-8.38	-4.61	-2.98
Sale of Property, Plant & Equipment	-0.03	-	-	-	-	-
Sale (Purchase) of Intangibles	-0.46	-0.54	-0.95	-1.04	-1.2	-0.02
Investing Cash Flow	-11.03	-7.55	-7.24	-9.41	-5.81	-2.99
Short-Term Debt Issued	-	10.2	5.37	14.64	-	-
Long-Term Debt Issued	-	3.54	5.76	2.75	0.43	10
Total Debt Issued	20.45	13.74	11.13	17.39	0.43	10
Short-Term Debt Repaid	-	-	-	-	-10.02	-4.82
Long-Term Debt Repaid	-	-4.45	-3.1	-2.17	-2.8	-0.05
Total Debt Repaid	-5.3	-4.45	-3.1	-2.17	-12.82	-4.87
Net Debt Issued (Repaid)	15.15	9.29	8.03	15.22	-12.39	5.13
Issuance of Common Stock	0.02	0.02	-	0.42	0.35	0.88
Other Financing Activities	-1.05	-0.13	-0.1	-0.06	-0.59	-0.05
Financing Cash Flow	14.12	9.19	7.93	15.59	-12.63	5.96
Net Cash Flow	0.38	-0.27	0.52	-0.75	0.21	1.24
Free Cash Flow	-6.25	-8.92	-6.45	-15.3	14.04	-4.7
Free Cash Flow Margin	-3.27%	-5.02%	-3.48%	-9.39%	7.74%	-3.28%
Free Cash Flow Per Share	-0.32	-0.46	-0.34	-0.82	0.75	-0.26
Cash Interest Paid	8.78	8.46	7.8	5.09	3.47	3.82
Levered Free Cash Flow	-4.74	-5.69	-9.38	-12.92	9	-0.16
Unlevered Free Cash Flow	0.16	-0.38	-4.47	-9.94	10.8	2.25
Change in Working Capital	-0.01	2.74	0.24	-3.3	12.02	-1.44

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