Hemisphere Energy Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	30.27	33.1	24.2	21.32	5.92	-0.42
Depreciation & Amortization	11.66	10.61	14.15	9.02	2.74	10.9
Other Amortization	-	-	-	-	0.39	0.63
Loss (Gain) From Sale of Assets	-0.08	-0.08	-	-	-	-0.03
Stock-Based Compensation	1	0.03	0.85	2.62	1.03	0.12
Other Operating Activities	1.65	10.46	-0.22	13.05	8.36	-2.02
Change in Other Net Operating Assets	11.08	-7.58	5.27	-0.91	-0.07	0.21
Operating Cash Flow	55.58	46.55	44.24	45.09	18.37	9.39
Operating Cash Flow Growth	16.38%	5.21%	-1.88%	145.45%	95.65%	-10.16%
Capital Expenditures	-11.89	-21.85	-16.87	-18.27	-11.99	-1.69
Divestitures	0.08	0.08	-	-	-	-
Other Investing Activities	-5.59	1.51	-2.58	-0.58	3.71	-0.19
Investing Cash Flow	-17.4	-20.27	-19.46	-18.85	-8.28	-1.87
Long-Term Debt Issued	-	-	-	-	15.51	-
Total Debt Issued	-	-	-	-	15.51	-
Long-Term Debt Repaid	-	-0.95	-0.64	-16.19	-26.24	-7.99
Total Debt Repaid	-0.89	-0.95	-0.64	-16.19	-26.24	-7.99
Net Debt Issued (Repaid)	-0.89	-0.95	-0.64	-16.19	-10.74	-7.99
Issuance of Common Stock	0.16	1.27	0.07	1.17	0.38	-
Repurchase of Common Stock	-6.94	-5.54	-4.09	-3.39	-0.16	-0.27
Common Dividends Paid	-18.34	-15.7	-13.08	-7.68	-	-
Financing Cash Flow	-26	-20.92	-17.75	-26.09	-10.52	-8.26
Net Cash Flow	12.17	5.36	7.04	0.15	-0.44	-0.74
Free Cash Flow	43.69	24.7	27.37	26.83	6.38	7.7
Free Cash Flow Growth	61.36%	-9.77%	2.03%	320.39%	-17.18%	-
Free Cash Flow Margin	54.37%	30.98%	40.43%	37.14%	18.07%	45.43%
Free Cash Flow Per Share	0.44	0.25	0.27	0.27	0.07	0.09
Cash Interest Paid	0.5	0.5	0.5	0.7	1.7	2.94
Levered Free Cash Flow	40.07	10.03	20.41	8.68	9.52	8.05
Unlevered Free Cash Flow	40.55	10.5	20.87	9.26	10.73	9.85
Change in Working Capital	11.08	-7.58	5.27	-0.91	-0.07	0.21

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