Maritime Launch Services Inc. (NEO:MAXQ)

Maritime Launch Services Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-48.7	-47.28	-6.22	-4.4	-7.45	-4.32
Depreciation & Amortization	0.04	0.04	0.04	0.04	0.03	0.01
Stock-Based Compensation	0.52	0.74	0.89	0.67	1.45	0.48
Other Operating Activities	45.87	43.64	2.32	0.15	1.84	2.09
Change in Accounts Receivable	0.01	-0.3	0.01	0.18	-	0
Change in Accounts Payable	-0.68	-0.91	1.3	0.96	-0.15	0.04
Change in Unearned Revenue	19.34	0.21	-	-	-	-
Change in Other Net Operating Assets	2.54	-0.07	0.07	0	-0.08	-0.29
Operating Cash Flow	18.93	-3.92	-1.6	-2.4	-4.35	-1.98
Capital Expenditures	-4.09	-2.54	-0.04	-0.99	-3.23	-2.65
Cash Acquisitions	-	-	-	-	0.07	-
Sale (Purchase) of Real Estate	-	-	-	-	-	-0.11
Investment in Securities	-	-	0.03	0.07	-	-0.1
Other Investing Activities	-	-	-	-	3.94	-3.94
Investing Cash Flow	-4.09	-2.54	-0.01	-0.92	0.78	-6.8
Short-Term Debt Issued	-	0.1	0.23	2.04	-	11.44
Long-Term Debt Issued	-	4.14	-	-	-	-
Total Debt Issued	4.14	4.24	0.23	2.04	-	11.44
Short-Term Debt Repaid	-	-0.5	-0.1	-	-	-0.31
Long-Term Debt Repaid	-	-0.04	-0.06	-0.06	-0.06	-0.62
Total Debt Repaid	-0.03	-0.54	-0.16	-0.06	-0.06	-0.94
Net Debt Issued (Repaid)	4.11	3.7	0.07	1.99	-0.06	10.51
Issuance of Common Stock	11.41	12.09	0.18	-	3.09	3
Other Financing Activities	-0	0.04	0.07	-0.17	-0.48	-0.84
Financing Cash Flow	15.52	15.83	0.32	1.82	2.54	12.67
Net Cash Flow	30.36	9.37	-1.3	-1.5	-1.02	3.89
Free Cash Flow	14.84	-6.46	-1.64	-3.39	-7.57	-4.63
Free Cash Flow Margin	1543.53%	-43149.79%	-	-	-	-
Free Cash Flow Per Share	0.02	-0.01	-0.00	-0.01	-0.02	-0.07
Levered Free Cash Flow	12.82	-7.09	-0.26	-0.58	-5.36	-4.15
Unlevered Free Cash Flow	13.62	-6.91	-0.19	-0.55	-5.12	-3.83
Change in Working Capital	21.21	-1.06	1.38	1.14	-0.23	-0.25

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