mCloud Technologies Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Sep '22 Sep 30, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Net Income	-36.46	-44.76	-36.45	-28.48	-12.19	-6.79
Depreciation & Amortization	8.8	8.92	6.78	4.04	0.28	0.11
Other Amortization	-	-	-	-	0.24	0.1
Asset Writedown & Restructuring Costs	2.13	-	-	0.6	0.68	-
Stock-Based Compensation	1.61	1.87	1.45	1.47	1.42	0.26
Provision & Write-off of Bad Debts	1.09	1.16	0.22	0.43	-	-
Other Operating Activities	-19.55	6.47	4.04	8.08	0.07	1.99
Change in Accounts Receivable	3.86	-3.34	-2.01	-0.17	-0.07	0.32
Change in Inventory	-	-	-	-	-0.43	-
Change in Accounts Payable	2.08	-0.78	2.51	1.1	-1.11	2
Change in Unearned Revenue	2.5	1.05	0.63	0.45	0.13	-
Change in Other Net Operating Assets	0.16	1.09	-2.04	-3.51	-0.03	-0.34
Operating Cash Flow	-33.56	-28.33	-24.86	-15.99	-11.01	-2.35
Capital Expenditures	-0.58	-0.63	-0.13	-0.14	-0.27	-
Cash Acquisitions	-	-	-4.62	-20.39	0.36	0.02
Sale (Purchase) of Intangibles	-0	-0.44	-1.65	-0.2	-0.23	-
Investing Cash Flow	6.66	-1.06	-6.4	-20.73	-0.13	0.02
Short-Term Debt Issued	-	-	-	1.47	-	0.82
Long-Term Debt Issued	-	19.18	14.01	40.05	-	-
Total Debt Issued	29.33	19.18	14.01	41.52	-	0.82
Short-Term Debt Repaid	-	-1	-0.5	-	-	-0.1
Long-Term Debt Repaid	-	-10.88	-9.83	-7.85	-0.64	-
Total Debt Repaid	-14.27	-11.88	-10.32	-7.85	-0.64	-0.1
Net Debt Issued (Repaid)	15.06	7.3	3.69	33.67	-0.64	0.72
Issuance of Common Stock	6.87	20.3	16.09	0.54	13.75	2.48
Repurchase of Common Stock	-0.09	-0.09	-0.14	-	-	-
Other Financing Activities	5.5	5.42	12.22	1.73	-0.77	-0.77
Financing Cash Flow	27.34	32.93	31.86	35.94	12.34	2.44
Foreign Exchange Rate Adjustments	-0.05	-0.06	-0.02	-0.01	0.03	0.01
Net Cash Flow	0.39	3.48	0.58	-0.8	1.22	0.11
Free Cash Flow	-34.15	-28.95	-24.98	-16.13	-11.28	-2.35
Free Cash Flow Margin	-247.88%	-113.12%	-92.78%	-87.93%	-628.73%	-279.94%
Free Cash Flow Per Share	-2.17	-2.43	-3.44	-3.95	-4.93	-2.49
Cash Interest Paid	3.97	3.38	3.54	1.99	-	-
Cash Income Tax Paid	-	-	0.16	0.38	-	-
Levered Free Cash Flow	-18.85	-13.32	-15.8	-7.07	-7.54	1.57
Unlevered Free Cash Flow	-14.63	-8.91	-12.03	-5.06	-7.42	1.57
Change in Working Capital	8.61	-1.99	-0.9	-2.13	-1.51	1.98

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