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
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
Net Income	-59.82	-51.63	-34.13	-297.02	159.22	98.01
Depreciation & Amortization	-	0.2	0.7	1.43	1.12	0.08
Loss (Gain) From Sale of Investments	20.01	38.9	38.6	239.32	-307.49	-147.18
Stock-Based Compensation	0.01	0.07	0.02	0.04	7.89	0.6
Other Operating Activities	9	25.89	7.16	100.5	123.67	40.02
Change in Accounts Receivable	0.52	-1.15	-1.62	0.09	-1.54	15.9
Change in Accounts Payable	4.27	1.29	-0.35	-6.23	16.81	0.53
Change in Income Taxes	27.57	0.64	-15.83	-0.01	40.19	-6.48
Change in Other Net Operating Assets	2.42	6.01	1.92	4.73	1.45	0.33
Operating Cash Flow	3.99	20.22	-3.54	42.84	41.31	1.83
Operating Cash Flow Growth	278.88%	-	-	3.70%	2161.17%	-
Capital Expenditures	-	-	-	-0.25	-2.8	-0.39
Investing Cash Flow	-	-	-	-0.25	-2.8	-0.39
Short-Term Debt Issued	-	-	-	-	47.5	-
Long-Term Debt Issued	-	6.27	9.85	-	-	-
Total Debt Issued	11.23	6.27	9.85	-	47.5	-
Long-Term Debt Repaid	-	-18.85	-2.88	-43.66	-58.68	-0.26
Total Debt Repaid	-21.49	-18.85	-2.88	-43.66	-58.68	-0.26
Net Debt Issued (Repaid)	-10.26	-12.58	6.96	-43.66	-11.18	-0.26
Issuance of Common Stock	1.03	-	-	1.82	-	-
Repurchase of Common Stock	-	-	-	-30	-11.35	-0.56
Other Financing Activities	5.41	-6.28	-3.38	13.9	-0.65	-3
Financing Cash Flow	-3.83	-18.86	3.59	-57.95	-23.19	-3.83
Net Cash Flow	0.16	1.36	0.04	-15.36	15.31	-2.39
Free Cash Flow	3.99	20.22	-3.54	42.59	38.5	1.44
Free Cash Flow Growth	278.88%	-	-	10.61%	2582.27%	-
Free Cash Flow Margin	-	-	-	-	12.42%	1.03%
Free Cash Flow Per Share	0.29	3.64	-0.65	7.82	6.65	0.25
Cash Interest Paid	2.3	6.55	-	-	0.65	3
Levered Free Cash Flow	-33.14	-20.47	-45.37	-146.05	202.6	82.73
Unlevered Free Cash Flow	-29.43	-14.81	-40.82	-141.62	206.75	87.84
Change in Working Capital	34.78	6.79	-15.88	-1.43	56.9	10.29

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