ADF Group Cash Flow Statement

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

Millions CAD. Fiscal year is Feb - Jan.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jan '26 Jan 31, 2026	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022
Net Income	26.31	56.79	37.62	14.94	9.56
Depreciation & Amortization	6.92	6.16	5.8	5.32	5.05
Stock-Based Compensation	0.99	1.39	4.58	0.72	0.36
Other Adjustments	7.15	25.68	10.79	1.4	1.63
Changes in Other Operating Activities	8.05	-34.96	19.07	-24.99	-13.94
Operating Cash Flow	49.42	55.06	77.86	-2.61	2.67
Operating Cash Flow Growth	-10.24%	-29.29%	-	-	-90.75%
Capital Expenditures	-7.4	-8.28	-5.77	-11.46	-21.48
Purchases of Intangible Assets	-3.67	-0.81	-0.72	-0.7	-0.59
Payments for Business Acquisitions	-16.38	-	-	-	-
Other Investing Activities	0.18	0.38	0.22	0.08	0.08
Investing Cash Flow	-27.27	-8.71	-6.27	-12.08	-21.99
Long-Term Debt Issued	-	-	-	20	30
Long-Term Debt Repaid	-4.02	-3.08	-2.3	-2.22	-17.88
Net Long-Term Debt Issued (Repaid)	-4.02	-3.08	-2.3	17.78	12.12
Repurchase of Common Stock	-9	-54.57	-	-	-
Net Common Stock Issued (Repurchased)	-9	-54.57	-	-	-
Common Dividends Paid	-1.15	-0.92	-0.65	-0.65	-0.65
Other Financing Activities	-2.64	-3.5	-3.74	-2.97	-2.27
Financing Cash Flow	-16.82	-62.07	-6.69	14.16	9.2
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-2.58	3.33	0.28	0.6	-0.56
Net Cash Flow	2.75	-12.4	65.19	0.06	-10.68
Free Cash Flow	42.02	46.77	72.09	-14.08	-18.81
Free Cash Flow Growth	-10.17%	-35.12%	-	-	-
FCF Margin	16.24%	13.77%	21.78%	-5.61%	-6.70%
Free Cash Flow Per Share	1.48	1.52	2.21	-0.43	-0.58
Levered Free Cash Flow	29.86	16.63	54.43	1.59	-8.68
Unlevered Free Cash Flow	34.49	20.52	58.81	-14.42	-19.78

Updated Jan 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.