Headwater Exploration Inc. (TSX:HWX)
Canada · Delayed Price · Currency is CAD 14.30
-0.31 (-2.12%)
Aug 28, 2026, 4:00 PM EST
Headwater Exploration Cash Flow Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 | 186.16 | 153.21 | 188.03 | 156.07 | 162.11 | 45.83 |
Depreciation & Amortization | 120.55 | 127.04 | 124.88 | 120.2 | 79.41 | 28.44 |
Stock-Based Compensation | 39.51 | 26.01 | 12 | 5.24 | 4.09 | 2.73 |
Other Operating Activities | 29.49 | 4.09 | 3.92 | 14.76 | 48.52 | 40.93 |
Change in Accounts Receivable | -14.95 | 4.47 | -14.15 | -3.5 | -12.66 | -25.13 |
Change in Inventory | 0.06 | 0.12 | -0.41 | 0.46 | -0.58 | -0.17 |
Change in Accounts Payable | 7.59 | -4.39 | 3.75 | 10.91 | 3.56 | 19.08 |
Change in Other Net Operating Assets | -35.24 | -13.4 | -1.3 | -0.81 | -0.5 | -0.04 |
Operating Cash Flow | 333.16 | 297.14 | 316.74 | 303.32 | 283.93 | 111.66 |
Operating Cash Flow Growth | 7.51% | -6.19% | 4.42% | 6.83% | 154.28% | 48446.09% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -263.03 | -228.29 | -222.87 | -240.07 | -248.92 | -140.39 |
Sale of Property, Plant & Equipment | - | - | - | 3.75 | - | - |
Other Investing Activities | 10.01 | 0.4 | -3.99 | -7.39 | 16.87 | 31.26 |
Investing Cash Flow | -253.02 | -227.89 | -226.85 | -243.71 | -232.06 | -109.13 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Long-Term Debt Issued | - | - | 1.42 | 4.8 | 7.95 | 35.72 |
Long-Term Debt Repaid | - | -2.26 | -0.29 | -0.66 | -0.92 | -0.34 |
Net Debt Issued (Repaid) | -5.75 | -2.26 | 1.13 | 4.14 | 7.03 | 35.38 |
Issuance of Common Stock | - | - | 0.55 | 1.01 | 1.84 | 0.02 |
Repurchase of Common Stock | -7.38 | -7.65 | - | - | - | - |
Common Dividends Paid | -104.73 | -102.35 | -94.92 | -94.16 | - | - |
Other Financing Activities | -0.03 | -0.03 | - | - | - | - |
Financing Cash Flow | -117.89 | -112.29 | -93.24 | -89 | 8.88 | 35.4 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 Cash Flow | -37.75 | -43.04 | -3.36 | -29.4 | 60.74 | 37.93 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 70.14 | 68.85 | 93.87 | 63.25 | 35 | -28.73 |
Free Cash Flow Growth | -21.60% | -26.66% | 48.42% | 80.69% | - | - |
Free Cash Flow Margin | 11.85% | 13.39% | 18.35% | 14.86% | 9.38% | -17.41% |
Free Cash Flow Per Share | 0.29 | 0.29 | 0.40 | 0.27 | 0.15 | -0.13 |
Levered Free Cash Flow | 65.12 | 54.19 | 59.78 | 10.39 | 6.11 | -39.22 |
Unlevered Free Cash Flow | 65.77 | 54.87 | 60.4 | 10.73 | 6.23 | -39.2 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash Income Tax Paid | 39.89 | 54.1 | 59.69 | 28.99 | - | - |
Change in Working Capital | -42.55 | -13.21 | -12.1 | 7.05 | -10.2 | -6.26 |