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 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	-4	-4.87	-38.91	8.98	146.58	-39.68
Depreciation & Amortization	40.44	43.65	61.94	63.81	57.45	48.44
Other Amortization	-	-	-	-	-	6.54
Loss (Gain) From Sale of Assets	-	-	-10.37	-	-	-
Loss (Gain) on Equity Investments	-	-	-	-	-	3.7
Stock-Based Compensation	13.64	7.13	1.46	0.39	0.46	0.51
Other Operating Activities	9.04	9.28	-0.56	9.39	-50.09	-6.51
Change in Other Net Operating Assets	0.13	-18.74	-6.43	21.63	-66.24	38.12
Operating Cash Flow	59.25	36.45	7.13	104.2	88.17	51.12
Operating Cash Flow Growth	161.08%	411.12%	-93.16%	18.19%	72.48%	2188.14%
Capital Expenditures	-23.12	-23.36	-25.7	-55.54	-39.53	-34.97
Sale of Property, Plant & Equipment	-	-	11.59	-	-	-
Other Investing Activities	-2.85	0.97	-4.05	-3.36	10.67	1.46
Investing Cash Flow	-25.97	-22.39	-18.15	-58.9	-28.86	-33.51
Long-Term Debt Issued	-	19.38	24.43	201.42	-	-
Total Debt Issued	19.38	19.38	24.43	201.42	-	-
Long-Term Debt Repaid	-	-36.17	-53.14	-237.48	-63.72	-2.34
Total Debt Repaid	-58.11	-36.17	-53.14	-237.48	-63.72	-2.34
Net Debt Issued (Repaid)	-38.73	-16.79	-28.72	-36.06	-63.72	-2.34
Issuance of Common Stock	3.67	0.1	33.49	0.04	1.04	-
Other Financing Activities	-0.14	-0.15	-3.51	-13.23	-0.43	-0.45
Financing Cash Flow	-35.19	-16.84	1.27	-49.25	-63.1	-2.8
Foreign Exchange Rate Adjustments	-	-	-	-	-0.15	0.34
Net Cash Flow	-1.91	-2.78	-9.76	-3.94	-3.94	15.15
Free Cash Flow	36.13	13.09	-18.57	48.66	48.64	16.15
Free Cash Flow Growth	-	-	-	0.04%	201.28%	-
Free Cash Flow Margin	15.62%	6.01%	-9.23%	13.22%	10.96%	5.02%
Free Cash Flow Per Share	0.12	0.04	-0.10	0.30	0.30	0.10
Cash Interest Paid	18.39	18.39	20.85	18.17	16.44	25.34
Levered Free Cash Flow	-16.29	6.43	-42.77	-17.23	4.49	60.37
Unlevered Free Cash Flow	-0.41	22.31	-24.01	4.7	36.63	78.83
Change in Working Capital	0.13	-18.74	-6.43	21.63	-66.24	38.12

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