Medicenna Therapeutics Cash Flow Statement

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	-13.82	-11.81	-25.47	-10.05	-22.58	-17.29
Depreciation & Amortization	0.08	0.05	0	0	0.04	0.04
Stock-Based Compensation	1.98	2.21	1.21	1.37	1.42	1.01
Other Operating Activities	-8.01	-8.27	7.25	-6.39	-0.62	0.25
Change in Accounts Receivable	1.16	-0.21	1.68	1.23	-0.39	-1.61
Change in Accounts Payable	1.56	1.52	-0.94	1.18	-1.45	2.29
Operating Cash Flow	-17.03	-16.49	-16.26	-12.66	-23.58	-15.31
Capital Expenditures	-	-0.03	-	-	-	-
Investment in Securities	-	-	-	-	10.05	5.01
Investing Cash Flow	-	-0.03	-	-	10.05	5.01
Long-Term Debt Repaid	-	-0.02	-	-	-0.04	-0.04
Total Debt Repaid	-0.05	-0.02	-	-	-0.04	-0.04
Net Debt Issued (Repaid)	-0.05	-0.02	-	-	-0.04	-0.04
Issuance of Common Stock	1.96	23.81	-	24.76	3.92	18.3
Other Financing Activities	-	-0.3	-	-	-	-
Financing Cash Flow	1.91	23.49	-	24.76	3.88	18.26
Foreign Exchange Rate Adjustments	0.45	0.89	-0.35	0.96	-0.18	-0.28
Net Cash Flow	-14.68	7.86	-16.61	13.06	-9.84	7.68
Free Cash Flow	-17.03	-16.53	-16.26	-12.66	-23.58	-15.31
Free Cash Flow Per Share	-0.21	-0.22	-0.23	-0.20	-0.43	-0.31
Levered Free Cash Flow	-9.88	-10.24	-13.86	-4.41	-15.14	-9.15
Unlevered Free Cash Flow	-9.88	-10.24	-13.86	-4.41	-15.14	-9.15
Change in Working Capital	2.72	1.31	0.74	2.41	-1.84	0.68

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