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	Dec '25 Dec 31, 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	-12.99	-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	1.69	2.21	1.21	1.37	1.42	1.01
Other Adjustments	-8.56	-8.27	7.25	-6.39	-0.62	0.25
Changes in Accounts Payable	1.62	1.52	-0.94	1.18	-1.45	2.29
Changes in Other Operating Activities	0.75	-0.21	1.68	1.23	-0.39	-1.61
Operating Cash Flow	-18.44	-16.49	-16.26	-12.66	-23.58	-15.31
Capital Expenditures	0	-0.03	-	-	-	-
Purchases of Investments	-	-	-	-	-10	-10
Proceeds from Sale of Investments	-	-	-	-	20.05	15.01
Investing Cash Flow	0	-0.03	-	-	10.05	5.01
Long-Term Debt Repaid	-0.07	-0.02	-	-	-0.04	-0.04
Net Long-Term Debt Issued (Repaid)	-0.07	-0.02	-	-	-0.04	-0.04
Issuance of Common Stock	1.01	23.51	-	24.76	3.92	18.3
Net Common Stock Issued (Repurchased)	1.01	23.51	-	24.76	3.92	18.3
Financing Cash Flow	-0.02	23.49	-	24.76	3.88	18.26
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.92	0.89	-0.35	0.96	-0.18	-0.28
Net Cash Flow	-19.38	7.86	-16.61	13.06	-9.84	7.68
Free Cash Flow	-18.44	-16.53	-16.26	-12.66	-23.58	-15.31
Free Cash Flow Per Share	-0.22	-0.22	-0.23	-0.20	-0.43	-0.31
Levered Free Cash Flow	-10.61	-10.49	-24.72	-7.63	-24.42	-16.61
Unlevered Free Cash Flow	-19.72	-19.07	-17.93	-13.89	-24.28	-16.68

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.