Cavvy 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	-24.19	-38.91	8.98	146.58	-39.68	-100.59
Depreciation & Amortization	59.3	61.94	63.81	57.45	48.44	44.85
Other Amortization	-	-	-	-	6.54	16.41
Loss (Gain) From Sale of Assets	-0.08	-10.37	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-	16.88
Loss (Gain) on Equity Investments	-	-	-	-	3.7	0.01
Stock-Based Compensation	0.31	0.45	0.39	0.46	0.51	0.98
Other Operating Activities	14.25	-0.56	9.39	-50.09	-6.51	7.92
Change in Other Net Operating Assets	-21.53	-5.43	21.63	-66.24	38.12	15.78
Operating Cash Flow	28.06	7.13	104.2	88.17	51.12	2.23
Operating Cash Flow Growth	-29.40%	-93.16%	18.19%	72.48%	2188.14%	-
Capital Expenditures	-18.75	-25.7	-55.54	-39.53	-34.97	-17.29
Sale of Property, Plant & Equipment	0.08	11.59	-	-	-	-
Investment in Securities	-0.17	-0.17	-	-	-	-
Other Investing Activities	-5.55	-3.88	-3.36	10.67	1.46	3.63
Investing Cash Flow	-24.39	-18.15	-58.9	-28.86	-33.51	-13.67
Long-Term Debt Issued	-	24.43	201.42	-	-	-
Total Debt Issued	23.63	24.43	201.42	-	-	-
Long-Term Debt Repaid	-	-53.14	-237.48	-63.72	-2.34	-2.78
Total Debt Repaid	-49.04	-53.14	-237.48	-63.72	-2.34	-2.78
Net Debt Issued (Repaid)	-25.41	-28.72	-36.06	-63.72	-2.34	-2.78
Issuance of Common Stock	33.63	33.49	0.04	1.04	-	0.06
Other Financing Activities	-7.85	-3.51	-13.23	-0.43	-0.45	15.64
Financing Cash Flow	0.38	1.27	-49.25	-63.1	-2.8	12.93
Foreign Exchange Rate Adjustments	0.03	-	-	-0.15	0.34	0.01
Net Cash Flow	4.08	-9.76	-3.94	-3.94	15.15	1.5
Free Cash Flow	9.31	-18.57	48.66	48.64	16.15	-15.06
Free Cash Flow Growth	-11.63%	-	0.04%	201.28%	-	-
Free Cash Flow Margin	4.55%	-9.23%	13.22%	10.96%	5.02%	-5.86%
Free Cash Flow Per Share	0.03	-0.10	0.30	0.30	0.10	-0.10
Cash Interest Paid	18.04	20.85	18.17	16.44	25.34	29.36
Levered Free Cash Flow	-2.19	-42.77	-17.23	4.49	60.37	33.32
Unlevered Free Cash Flow	14.33	-24.01	4.7	36.63	78.83	46.62
Change in Working Capital	-21.53	-5.43	21.63	-66.24	38.12	15.78

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.