Computer Modelling Group Cash Flow Statement

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Net Income	21.78	22.44	26.26	19.8	18.41	20.19	Upgrade
Depreciation & Amortization	9	8.47	5.69	3.65	4.2	4.27	Upgrade
Stock-Based Compensation	-3.04	-1.3	2.8	2.15	1.63	2.65	Upgrade
Other Operating Activities	3.05	2.18	3.51	-0.24	-0.39	-0.83	Upgrade
Change in Accounts Receivable	-2.19	-0.53	-6.7	-6.4	5.73	3.04	Upgrade
Change in Accounts Payable	0.25	-0.82	2.62	2.32	0.11	-0.36	Upgrade
Change in Unearned Revenue	0.17	-2.77	4.91	4.34	-0.01	-3.38	Upgrade
Change in Income Taxes	0.03	2.42	-1.83	0.54	-0.99	0.75	Upgrade
Change in Other Net Operating Assets	-0.75	-0.17	-1.18	-0.27	0.03	0.09	Upgrade
Operating Cash Flow	28.29	29.92	36.08	25.88	28.72	26.43	Upgrade
Operating Cash Flow Growth	-34.38%	-17.08%	39.41%	-9.88%	8.65%	28.73%	Upgrade
Capital Expenditures	-1.87	-1.42	-0.65	-0.71	-0.7	-0.4	Upgrade
Cash Acquisitions	-27.29	-27.29	-22.81	-	-	-	Upgrade
Sale (Purchase) of Intangibles	-	-	-	-1.34	-	-	Upgrade
Other Investing Activities	-9.25	-9.25	-	-	-	-	Upgrade
Investing Cash Flow	-38.41	-37.96	-23.46	-2.05	-0.7	-0.4	Upgrade
Long-Term Debt Repaid	-	-2.89	-4.37	-1.61	-1.36	-1.41	Upgrade
Net Debt Issued (Repaid)	-2.75	-2.89	-4.37	-1.61	-1.36	-1.41	Upgrade
Issuance of Common Stock	3.56	5.6	4.19	1.07	-	-	Upgrade
Common Dividends Paid	-16.44	-16.38	-16.21	-16.1	-16.06	-16.06	Upgrade
Financing Cash Flow	-15.63	-13.67	-16.38	-16.64	-17.42	-17.47	Upgrade
Foreign Exchange Rate Adjustments	0.68	2.52	0	-	-	-	Upgrade
Net Cash Flow	-25.07	-19.2	-3.77	7.19	10.59	8.56	Upgrade
Free Cash Flow	26.42	28.5	35.43	25.17	28.01	26.03	Upgrade
Free Cash Flow Growth	-37.71%	-19.57%	40.74%	-10.14%	7.61%	33.22%	Upgrade
Free Cash Flow Margin	20.55%	22.01%	32.60%	34.09%	42.31%	38.64%	Upgrade
Free Cash Flow Per Share	0.32	0.34	0.43	0.31	0.35	0.32	Upgrade
Cash Interest Paid	1.9	1.89	1.91	1.93	2	2.07	Upgrade
Cash Income Tax Paid	11.65	11.37	7.2	6.64	6.11	6.11	Upgrade
Levered Free Cash Flow	25.74	28.31	33.76	21.14	25.23	26.18	Upgrade
Unlevered Free Cash Flow	26.93	29.49	34.95	22.35	26.48	27.47	Upgrade
Change in Working Capital	-2.5	-1.86	-2.18	0.52	4.87	0.15	Upgrade

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