Tecsys Cash Flow Statement

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

Millions CAD. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Net Income	5.43	4.46	1.85	2.09	4.48	7.19
Depreciation & Amortization	2.27	1.95	2.12	2.47	2.88	2.93
Other Amortization	1.76	1.6	1.44	1.4	1.18	1.18
Stock-Based Compensation	3.17	2.95	2.3	2.18	1.68	1.14
Other Operating Activities	-0.15	-1.04	-2.57	0.07	-0.86	0.34
Change in Accounts Receivable	-2.79	-4.88	-1.75	-6.07	-1.68	2.2
Change in Inventory	0.22	-0.51	-0.33	-0.23	-0.19	0.01
Change in Accounts Payable	1.22	2.96	-2.46	3.26	-3.08	0.14
Change in Unearned Revenue	5.24	8.77	5.83	5.71	2.7	5.89
Change in Other Net Operating Assets	-1.51	-2.36	-1.69	-2.42	-1.78	-1.19
Operating Cash Flow	14.84	13.91	4.86	8.36	4.94	19.11
Operating Cash Flow Growth	96.82%	186.47%	-41.90%	69.01%	-74.13%	91.02%
Capital Expenditures	-1.48	-0.83	-0.6	-0.85	-0.73	-0.96
Cash Acquisitions	-	-	-	-	-0.5	-2.14
Sale (Purchase) of Intangibles	-1.98	-	-	-0.06	-0.26	-0.57
Investment in Securities	-	5.57	0.04	-	-	-10
Other Investing Activities	-1.89	-1.85	-0.92	-0.79	-0.9	-0.08
Investing Cash Flow	-5.35	2.89	-1.47	-1.7	-2.39	-13.75
Long-Term Debt Repaid	-	-0.82	-0.79	-9.09	-2.08	-2.14
Net Debt Issued (Repaid)	-0.85	-0.82	-0.79	-9.09	-2.08	-2.14
Issuance of Common Stock	4.39	4.64	6.96	0.3	1.02	1.44
Repurchase of Common Stock	-6.24	-6.93	-7.22	-	-	-
Common Dividends Paid	-5.03	-4.88	-4.56	-4.23	-3.93	-3.61
Other Financing Activities	-0.05	-0.08	-0.16	4.59	-0.32	-2.83
Financing Cash Flow	-7.77	-8.07	-5.76	-8.42	-5.31	-7.14
Net Cash Flow	1.71	8.72	-2.38	-1.77	-2.75	-1.78
Free Cash Flow	13.35	13.08	4.26	7.51	4.21	18.15
Free Cash Flow Growth	96.50%	207.33%	-43.30%	78.25%	-76.80%	100.08%
Free Cash Flow Margin	7.17%	7.41%	2.48%	4.92%	3.07%	14.74%
Free Cash Flow Per Share	0.90	0.88	0.29	0.51	0.28	1.23
Cash Interest Paid	0.05	0.08	0.16	0.41	0.62	0.64
Levered Free Cash Flow	13.26	14.04	8.2	8.99	6.17	10.64
Unlevered Free Cash Flow	13.29	14.09	8.3	9.24	6.56	11.13
Change in Working Capital	2.35	4	-0.28	0.15	-4.42	6.33

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