Enerflex Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	64	32	-83	-74.58	-14.58
Depreciation & Amortization	139	165	178	90.17	66.66
Other Amortization	22	20	20	4.61	2.58
Loss (Gain) From Sale of Assets	-1	-	2	-0.15	-0.11
Asset Writedown & Restructuring Costs	3	1	66	36.38	0.42
Loss (Gain) on Equity Investments	3	-	-2	-3.49	-0.53
Stock-Based Compensation	26	29	6	11.94	10.22
Other Operating Activities	70	-29	6	2.41	34.31
Change in Accounts Receivable	49	-28	-67	-75.39	-11.75
Change in Inventory	15	1	10	-62.44	2.68
Change in Accounts Payable	-22	-7	-21	57.54	39.91
Change in Unearned Revenue	-18	74	24	132.62	38.88
Change in Income Taxes	-7	23	6	-5.87	19.69
Change in Other Net Operating Assets	2	43	61	-99.16	-23.88
Operating Cash Flow	345	324	206	14.61	164.52
Operating Cash Flow Growth	6.48%	57.28%	1310.38%	-91.12%	-15.24%
Capital Expenditures	-115	-75	-106	-85.59	-45.31
Sale of Property, Plant & Equipment	23	3	30	12.06	3.86
Cash Acquisitions	-	-	-	98.43	-
Sale (Purchase) of Intangibles	-	-2	-5	-	-
Investment in Securities	-	-	-	-2.11	-0.1
Other Investing Activities	-11	15	-38	9.16	2.94
Investing Cash Flow	-103	-59	-119	31.95	-38.61
Long-Term Debt Issued	400	-	-	1,086	29.17
Long-Term Debt Repaid	-602	-253	-137	-1,030	-85.43
Net Debt Issued (Repaid)	-202	-253	-137	55.57	-56.25
Issuance of Common Stock	2	1	1	0.19	-
Repurchase of Common Stock	-23	-	-	-	-
Common Dividends Paid	-17	-9	-9	-6.63	-5.67
Other Financing Activities	-10	-2	-4	-40.38	-1.66
Financing Cash Flow	-250	-263	-149	8.76	-63.58
Foreign Exchange Rate Adjustments	-3	-5	-30	4.54	-1.42
Net Cash Flow	-11	-3	-92	59.86	60.91
Free Cash Flow	230	249	100	-70.98	119.21
Free Cash Flow Growth	-7.63%	149.00%	-	-	33.76%
Free Cash Flow Margin	8.95%	10.32%	4.27%	-5.40%	15.71%
Free Cash Flow Per Share	1.87	2.00	0.81	-0.73	1.33
Cash Interest Paid	76	91	111	24.41	16.08
Cash Income Tax Paid	100	45	40	16.56	-7.44
Levered Free Cash Flow	220.5	291.25	35.56	81.6	130.23
Unlevered Free Cash Flow	251.75	342.63	98.31	101.43	139.31
Change in Working Capital	19	106	13	-52.69	65.54

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