Badger Infrastructure Solutions Ltd. (TSX:BDGI)
Canada · Delayed Price · Currency is CAD 77.01
-0.39 (-0.50%)
Nov 13, 2026, 11:26 AM EST
TSX:BDGI Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 59.12 | 59.23 | 47.87 | 41.77 | 18.29 | -8.74 |
Depreciation & Amortization | 100.3 | 84.69 | 75.91 | 67.54 | 57.39 | 55.07 |
Other Amortization | 4.04 | 4.04 | 2.79 | 2.33 | 2.19 | 2.06 |
Loss (Gain) From Sale of Assets | -0.72 | -1.05 | -1.76 | -2.05 | -0.33 | 3.15 |
Stock-Based Compensation | 19.15 | 25.86 | 0.28 | 10.94 | 0.72 | -4.76 |
Other Operating Activities | 13.28 | 5.59 | 26.94 | 2.92 | 22.67 | -1.6 |
Change in Accounts Receivable | -42.08 | -12.37 | -8.34 | -19.38 | -20.72 | 2.71 |
Change in Inventory | -3.18 | -3.53 | 1.52 | -3.24 | -15.49 | -3.37 |
Change in Accounts Payable | 24.74 | 6.89 | 0.97 | 30.87 | 7.65 | 9.11 |
Change in Other Net Operating Assets | -3.23 | -5.65 | 0.09 | 1.11 | -4.05 | 0.99 |
Operating Cash Flow | 171.43 | 163.69 | 146.28 | 132.81 | 68.33 | 54.61 |
Operating Cash Flow Growth | 1.08% | 11.91% | 10.14% | 94.37% | 25.12% | -50.03% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -180.17 | -118.27 | -98 | -108.19 | -65.21 | -42.79 |
Sale of Property, Plant & Equipment | 1.77 | 2.44 | 2.79 | 1.84 | 2.54 | 1.9 |
Sale (Purchase) of Intangibles | -2.39 | -6.3 | -4.46 | -3.82 | -1.21 | -1.56 |
Other Investing Activities | -5.99 | -2.92 | 0.3 | 3.53 | 3.94 | -1.18 |
Investing Cash Flow | -186.77 | -125.04 | -99.37 | -106.64 | -59.95 | -43.64 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 154.26 | 367.14 | 289.63 | 60.85 | 71.98 |
Long-Term Debt Repaid | - | -156.84 | -369.8 | -281.85 | -46.11 | -60.04 |
Lease Payments | -23.26 | -21.39 | -18.37 | -13.8 | -8.35 | -5.69 |
Net Debt Issued (Repaid) | 62.13 | -2.59 | -2.67 | 7.77 | 14.74 | 11.94 |
Repurchase of Common Stock | -3.64 | -12.74 | -6.08 | - | - | -11.07 |
Common Dividends Paid | -18.51 | -18 | -17.99 | -17.51 | -14.51 | -17.22 |
Other Financing Activities | -12.85 | -15.17 | -14.42 | -13.38 | -7.41 | -3.89 |
Financing Cash Flow | 27.14 | -48.5 | -41.16 | -23.12 | -7.18 | -20.24 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -0 | -0 | 0.35 | 0.07 | 0.06 | -0.18 |
Net Cash Flow | 11.79 | -9.85 | 6.1 | 3.12 | 1.26 | -9.45 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -8.73 | 45.43 | 48.28 | 24.62 | 3.12 | 11.82 |
Free Cash Flow Growth | - | -5.90% | 96.10% | 689.01% | -73.59% | -81.53% |
Free Cash Flow Margin | -0.91% | 5.46% | 6.48% | 3.60% | 0.55% | 2.60% |
Free Cash Flow Per Share | -0.26 | 1.34 | 1.40 | 0.71 | 0.09 | 0.34 |
Levered Free Cash Flow | -21.39 | 11.58 | 36.42 | -2.21 | -0.17 | 12.11 |
Unlevered Free Cash Flow | -9.71 | 21.17 | 45.53 | 7.85 | 4.55 | 14.87 |
Free Cash Flow After Leases | -31.99 | 24.04 | 29.9 | 10.82 | -5.23 | 6.13 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 12.85 | 15.17 | 14.42 | 13.38 | 8.08 | 4.4 |
Cash Income Tax Paid | 31.2 | 17.34 | 14.37 | 17.99 | -6.32 | 4.89 |
Change in Working Capital | -23.74 | -14.67 | -5.76 | 9.36 | -32.61 | 9.43 |