Calfrac Well Services Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	53.02	41.93	8.54	190.67	11.68	-82.81
Depreciation & Amortization	123.06	124.79	135.89	116.64	122.23	127.93
Stock-Based Compensation	0.22	-0.86	-1.17	5.12	2.78	2.27
Other Adjustments	-8.35	-6.02	-1.34	4.4	45.89	-12.6
Changes in Other Operating Activities	81.99	35.58	-13.41	-35.19	-75.03	-50.13
Operating Cash Flow	243.88	199.6	127.18	281.63	107.53	-15.34
Operating Cash Flow Growth	92.65%	56.93%	-54.84%	161.91%	-	-
Capital Expenditures	-105.54	-129.04	-183.84	-168.64	-79.81	-63.43
Sale of Property, Plant & Equipment	9.81	11.36	14.71	22.55	3.58	0.94
Other Investing Activities	1.73	1.32	1.75	1.32	1.91	1.2
Investing Cash Flow	-100.83	-124.63	-169.65	-144.77	-74.33	-61.29
Short-Term Debt Issued	-	-	-	-	15	-
Short-Term Debt Repaid	-	-	-	-	-15	-
Long-Term Debt Issued	168.46	198.5	119.97	92.2	17.76	59.56
Long-Term Debt Repaid	-354.18	-320.29	-76.56	-188.67	-54.17	-13.89
Net Long-Term Debt Issued (Repaid)	-185.72	-121.79	43.4	-96.47	-36.4	45.67
Issuance of Common Stock	39.92	34.8	0.54	12.34	2.87	0.18
Net Common Stock Issued (Repurchased)	39.92	34.8	0.54	12.34	2.87	0.18
Financing Cash Flow	-145.8	-87	43.94	-84.13	-33.53	45.85
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-28.99	-32.08	4.11	-25.94	20.07	-0.4
Net Cash Flow	-31.74	-44.11	5.59	26.8	19.74	-31.18
Free Cash Flow	138.34	70.56	-56.66	113	27.72	-78.77
Free Cash Flow Growth	96.06%	-	-	307.61%	-	-
FCF Margin	10.45%	5.08%	-3.61%	6.06%	1.85%	-8.95%
Free Cash Flow Per Share	1.51	0.80	-0.64	1.28	0.33	-2.46
Levered Free Cash Flow	-52.16	-71.85	-5.73	0.12	-57.35	-10.86
Unlevered Free Cash Flow	171.28	91.97	-0.09	139.48	70.38	-50.97