Kelt Exploration Ltd. (TSX:KEL)

Kelt Exploration Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	44.77	63.06	45.42	85.97	158.76	114.26
Depreciation & Amortization	196.44	183.57	141.49	125.81	116.18	91.25
Stock-Based Compensation	7.66	7.81	8.85	7.86	7.01	4.22
Other Adjustments	14.26	3.74	21.18	52.01	41.84	-51.91
Changes in Other Operating Activities	4.08	6.08	-7.8	11.56	-17.77	1.9
Operating Cash Flow	267.03	264.26	209.15	283.22	306.02	159.71
Operating Cash Flow Growth	14.32%	26.35%	-26.16%	-7.45%	91.61%	169.43%
Capital Expenditures	-333.64	-313.41	-326.01	-276.48	-309.59	-218.11
Sale of Property, Plant & Equipment	0.22	0.22	-	0.05	0.04	8.85
Purchases of Intangible Assets	-4.49	-15.18	-2.96	-6.12	-7.06	-4.2
Payments for Business Acquisitions	0.03	0.06	-4.17	-0.1	-0.93	-0.05
Other Investing Activities	17.56	-12.27	-3.42	17.16	-11.41	21.97
Investing Cash Flow	-320.31	-340.57	-336.57	-265.49	-328.95	-191.54
Short-Term Debt Issued	43.99	70.87	108.99	-11.3	10.15	1.15
Net Short-Term Debt Issued (Repaid)	43.99	70.87	108.99	-11.3	10.15	1.15
Issuance of Common Stock	10.11	5.76	5.07	8.4	12.93	0.57
Net Common Stock Issued (Repurchased)	10.11	5.76	5.07	8.4	12.93	0.57
Other Financing Activities	-0.28	-0.46	-0.75	-0.63	-0.75	-0.75
Financing Cash Flow	53.82	76.18	113.31	-3.52	22.33	0.97
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-	-	-	-	-	0
Net Cash Flow	0.54	-0.14	-14.11	14.22	-0.59	-30.85
Free Cash Flow	-66.6	-49.15	-116.87	6.75	-3.57	-58.39
FCF Margin	-13.51%	-10.53%	-28.25%	1.55%	-0.65%	-20.18%
Free Cash Flow Per Share	-0.33	-0.24	-0.59	0.03	-0.02	-0.31
Levered Free Cash Flow	-43.97	10.17	-37.9	-64.43	-42.27	-9.55
Unlevered Free Cash Flow	-90.53	-83.36	-141.59	-44.37	-25.12	-56.25

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.