Clairvest 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
Period Ending	Dec '25 Dec 31, 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
Net Income	70.42	122.04	-3.35	52.37	330.21	104.84
Depreciation & Amortization	1.51	1.41	1.31	1.17	1.14	1.2
Loss (Gain) From Sale of Investments	-72.41	-15.25	19.39	62.15	-355.62	-150.53
Loss (Gain) on Equity Investments	44.76	15.1	36.01	-	82.6	38.49
Stock-Based Compensation	3.48	-4.17	-20.97	12.26	-3.21	26.18
Other Operating Activities	20.77	11.51	-49.19	-162.63	-37.87	45.88
Change in Accounts Receivable	-30.92	-30.92	17.92	-9.1	-16.13	-6.81
Change in Accounts Payable	-9.57	-9.57	2.4	6.98	-1.7	-3.31
Change in Income Taxes	15.04	15.04	-45.56	28.7	-5.16	6.53
Change in Other Net Operating Assets	3.6	3.61	-2.44	-1.57	8.09	2.19
Operating Cash Flow	69.64	79.53	-33.8	13.63	41.02	-1.58
Operating Cash Flow Growth	-12.20%	-	-	-66.76%	-	-
Capital Expenditures	-0.23	-0.94	-0.85	-0.45	-0.47	-0.11
Investing Cash Flow	-0.23	-0.94	-0.85	-0.45	-0.47	-0.11
Repurchase of Common Stock	-37.1	-35.01	-25.9	-1.94	-0.35	-0.79
Common Dividends Paid	-2.24	-1.46	-1.5	-1.51	-1.51	-83.66
Financing Cash Flow	-49.61	-46.75	-38.08	-13.73	-8.93	-84.45
Net Cash Flow	19.8	31.84	-72.73	-0.55	31.62	-86.14
Free Cash Flow	69.41	78.59	-34.66	13.18	40.55	-1.7
Free Cash Flow Growth	-11.70%	-	-	-67.49%	-	-
Free Cash Flow Margin	53.74%	44.53%	-94.55%	10.13%	9.63%	-0.95%
Free Cash Flow Per Share	5.13	5.45	-2.33	0.88	2.69	-0.11
Cash Interest Paid	0.7	0.97	0.78	0.77	0.78	0.78
Cash Income Tax Paid	3.85	-3.41	44.29	5.87	6.7	1.59
Levered Free Cash Flow	50.8	57.1	-51.69	125.65	266.62	85.21
Unlevered Free Cash Flow	58.68	57.1	-50.48	125.65	267.06	87.67
Change in Working Capital	-21.85	-21.84	-27.68	25.01	-14.9	-1.4

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.