SOL Global Investments Cash Flow Statement

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Aug '25 Aug 31, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020	2015 - 2019
Net Income	-59.82	-51.63	-34.13	-297.02	159.22	98.01	Upgrade
Depreciation & Amortization	-	0.2	0.7	1.43	1.12	0.08	Upgrade
Loss (Gain) From Sale of Investments	20.01	38.9	38.6	239.32	-307.49	-147.18	Upgrade
Stock-Based Compensation	0.01	0.07	0.02	0.04	7.89	0.6	Upgrade
Other Operating Activities	9	25.89	7.16	100.5	123.67	40.02	Upgrade
Change in Accounts Receivable	0.52	-1.15	-1.62	0.09	-1.54	15.9	Upgrade
Change in Accounts Payable	4.27	1.29	-0.35	-6.23	16.81	0.53	Upgrade
Change in Income Taxes	27.57	0.64	-15.83	-0.01	40.19	-6.48	Upgrade
Change in Other Net Operating Assets	2.42	6.01	1.92	4.73	1.45	0.33	Upgrade
Operating Cash Flow	3.99	20.22	-3.54	42.84	41.31	1.83	Upgrade
Operating Cash Flow Growth	278.88%	-	-	3.70%	2161.17%	-	Upgrade
Capital Expenditures	-	-	-	-0.25	-2.8	-0.39	Upgrade
Investing Cash Flow	-	-	-	-0.25	-2.8	-0.39	Upgrade
Short-Term Debt Issued	-	-	-	-	47.5	-	Upgrade
Long-Term Debt Issued	-	6.27	9.85	-	-	-	Upgrade
Total Debt Issued	11.23	6.27	9.85	-	47.5	-	Upgrade
Long-Term Debt Repaid	-	-18.85	-2.88	-43.66	-58.68	-0.26	Upgrade
Total Debt Repaid	-21.49	-18.85	-2.88	-43.66	-58.68	-0.26	Upgrade
Net Debt Issued (Repaid)	-10.26	-12.58	6.96	-43.66	-11.18	-0.26	Upgrade
Issuance of Common Stock	1.03	-	-	1.82	-	-	Upgrade
Repurchase of Common Stock	-	-	-	-30	-11.35	-0.56	Upgrade
Other Financing Activities	5.41	-6.28	-3.38	13.9	-0.65	-3	Upgrade
Financing Cash Flow	-3.83	-18.86	3.59	-57.95	-23.19	-3.83	Upgrade
Net Cash Flow	0.16	1.36	0.04	-15.36	15.31	-2.39	Upgrade
Free Cash Flow	3.99	20.22	-3.54	42.59	38.5	1.44	Upgrade
Free Cash Flow Growth	278.88%	-	-	10.61%	2582.27%	-	Upgrade
Free Cash Flow Margin	-	-	-	-	12.42%	1.03%	Upgrade
Free Cash Flow Per Share	0.03	0.36	-0.07	0.78	0.67	0.03	Upgrade
Cash Interest Paid	2.3	6.55	-	-	0.65	3	Upgrade
Levered Free Cash Flow	-33.14	-20.47	-45.37	-146.05	202.6	82.73	Upgrade
Unlevered Free Cash Flow	-29.43	-14.81	-40.82	-141.62	206.75	87.84	Upgrade
Change in Working Capital	34.78	6.79	-15.88	-1.43	56.9	10.29	Upgrade

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