STEP Energy Services Ltd. (TSX:STEP)

STEP Energy Services Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-20.06	1.76	50.42	94.78	-28.13	-119.36
Depreciation & Amortization	88.49	94.18	84.68	87.97	73.38	88.94
Other Amortization	0.83	0.83	1.07	0.97	2.95	1.45
Loss (Gain) From Sale of Assets	-5.17	-7.14	-1.48	-3.21	-0.97	-3.78
Asset Writedown & Restructuring Costs	36.66	36.66	-	-38.39	-	72.35
Stock-Based Compensation	6.4	6.33	1.09	20.82	6.72	3.61
Other Operating Activities	-6.89	-1.06	1.76	25.15	-2.04	-18.85
Change in Other Net Operating Assets	12.4	14.5	34.07	-65.5	6.94	22.44
Operating Cash Flow	112.65	146.06	171.61	122.6	58.85	46.8
Operating Cash Flow Growth	-33.33%	-14.89%	39.97%	108.34%	25.73%	-33.08%
Capital Expenditures	-65.94	-93.26	-105.18	-82.98	-37.24	-17.83
Sale of Property, Plant & Equipment	5.01	8.75	2.3	6.39	1.1	6.69
Sale (Purchase) of Intangibles	-1.08	-1.08	-	-	-	-
Other Investing Activities	-5.61	-6.98	-6.11	10.15	5.43	-5.41
Investing Cash Flow	-67.62	-92.57	-108.99	-66.44	-30.71	-16.55
Long-Term Debt Repaid	-	-43.02	-63.72	-57.78	-25.67	-36.5
Net Debt Issued (Repaid)	-41.19	-43.02	-63.72	-57.78	-25.67	-36.5
Repurchase of Common Stock	-3.45	-7.96	-0.19	-	-	-
Financing Cash Flow	-44.64	-50.98	-63.9	-57.78	-25.67	-36.5
Foreign Exchange Rate Adjustments	-0.12	0.07	0.28	0.7	-0.04	0.25
Net Cash Flow	0.28	2.58	-1	-0.91	2.43	-6
Free Cash Flow	46.71	52.8	66.43	39.62	21.6	28.98
Free Cash Flow Growth	-1.03%	-20.52%	67.68%	83.38%	-25.44%	38.78%
Free Cash Flow Margin	4.97%	5.53%	7.02%	4.01%	4.03%	7.85%
Free Cash Flow Per Share	0.65	0.71	0.88	0.55	0.32	0.43
Cash Interest Paid	10.76	10.76	10.19	9.77	12.8	14.84
Cash Income Tax Paid	23.39	23.39	17.02	0.32	-1.86	-8.05
Levered Free Cash Flow	36.38	49.83	47.88	35.87	40.81	46.49
Unlevered Free Cash Flow	41.36	56.04	53.77	42.88	47.07	54.03
Change in Net Working Capital	11.8	-8.35	-24.55	39.25	-14.93	-25.16

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.