Tidewater Renewables Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	13.92	-357.85	-41.02	25.94	4.14	-12.7
Depreciation & Amortization	20.53	31.56	25.67	19.56	10.12	5.95
Other Amortization	7.18	9.12	7.82	3.41	1.09	-
Loss (Gain) From Sale of Assets	-1.98	489.05	-	-	-	-
Asset Writedown & Restructuring Costs	-0.4	0.4	-	-	-	-
Loss (Gain) From Sale of Investments	0.4	2.5	-	-	-	-
Loss (Gain) on Equity Investments	-14.75	-4.53	-0.68	-0.22	-	-
Stock-Based Compensation	-1.31	-1.13	4.02	2.1	0.53	-
Other Operating Activities	-6.59	-106.22	34.81	7.95	5.24	2.36
Change in Accounts Receivable	-9.7	-9.7	-3.11	3.12	-10.46	-0.05
Change in Inventory	2.61	2.61	-42.44	-1.09	-	-
Change in Accounts Payable	-6.09	-6.09	45.61	6.62	2.32	0
Change in Other Net Operating Assets	8.93	4.95	-7.9	0.07	-0.71	-
Operating Cash Flow	12.74	54.65	22.78	67.44	12.28	-4.43
Operating Cash Flow Growth	-86.34%	139.85%	-66.22%	449.20%	-	-
Capital Expenditures	-18.39	-24.05	-202.81	-244.58	-46.46	-3.58
Sale of Property, Plant & Equipment	9.85	140.29	-	-	-	-
Cash Acquisitions	-	-	-	-	-273.26	-
Investment in Securities	-	-2.09	-	-30.1	-	-
Other Investing Activities	19.64	14.93	66.77	80.18	-	0.56
Investing Cash Flow	11.09	129.08	-136.04	-194.5	-319.72	-3.02
Long-Term Debt Issued	-	-	124.14	155.11	-	-
Total Debt Issued	-	-	124.14	155.11	90	-
Long-Term Debt Repaid	-	-157.88	-6.71	-5.98	-	-6.09
Total Debt Repaid	-5.35	-157.88	-6.71	-5.98	-3.22	-6.09
Net Debt Issued (Repaid)	-5.35	-157.88	117.43	149.13	86.78	-6.09
Issuance of Common Stock	-	-	-	-	241.54	-
Other Financing Activities	-16.45	-25.9	-15.45	-11.72	-19.35	13.54
Financing Cash Flow	-21.8	-183.79	101.98	137.41	308.97	7.45
Net Cash Flow	2.04	-0.06	-11.27	10.36	1.53	-
Free Cash Flow	-5.65	30.6	-180.02	-177.13	-34.18	-8.01
Free Cash Flow Margin	-2.10%	7.17%	-184.30%	-232.77%	-98.84%	-192.29%
Free Cash Flow Per Share	-0.15	0.87	-5.18	-5.08	-1.72	-
Cash Interest Paid	16.44	27.84	15.45	11.71	2.75	-
Levered Free Cash Flow	13.15	-24.93	-209.72	-155.21	-35.99	-3.57
Unlevered Free Cash Flow	20.73	-10.95	-203.94	-154.21	-35.8	-3.57
Change in Working Capital	-4.26	-8.24	-7.83	8.71	-8.84	-0.05

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.