Tenaz Energy Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	209.84	315.61	-7.71	26.55	5.24	8.34
Depreciation & Amortization	153.2	111.6	20.87	19.96	6.43	4.66
Stock-Based Compensation	6.15	4.51	3.03	1.86	1.27	0.56
Other Adjustments	-197.18	-322.54	-2.31	-32.92	-4.58	-10.06
Changes in Other Operating Activities	-1.69	1.67	-7.64	-0.27	0.99	0.45
Operating Cash Flow	170.32	110.86	6.24	15.18	9.35	3.95
Operating Cash Flow Growth	-	1675.38%	-58.86%	62.36%	136.93%	63.97%
Capital Expenditures	-200.12	-117.43	-18.23	-24.86	-17.1	-10.39
Sale of Property, Plant & Equipment	-	-	-	-	-	1.75
Payments for Business Acquisitions	-304.33	-290.94	-36.83	36.81	1.81	-
Other Investing Activities	15.7	48.42	0.94	46.24	-38.6	4.4
Investing Cash Flow	-488.74	-359.95	-54.12	58.2	-53.89	-4.24
Short-Term Debt Issued	34.84	-	-	-	21.48	-3.99
Short-Term Debt Repaid	-	-	-	-21.48	-	-
Net Short-Term Debt Issued (Repaid)	34.84	-	-	-21.48	21.48	-3.99
Long-Term Debt Issued	-	175.07	138.28	-	-	-
Net Long-Term Debt Issued (Repaid)	-	175.07	138.28	-	-	-
Issuance of Common Stock	7.74	6.72	0.93	-	0.23	29.82
Repurchase of Common Stock	-7.06	-6.13	-1.23	-3.87	-0.75	-0.03
Net Common Stock Issued (Repurchased)	0.68	0.59	-0.3	-3.87	-0.52	29.79
Other Financing Activities	-6.2	-5.67	-0.13	-0.01	-0.05	-0.04
Financing Cash Flow	204.39	170	137.85	-25.36	20.91	25.76
Effect of Exchange Rate Changes on Cash and Cash Equivalents	2.78	3.43	-0.37	0.45	-	-
Net Cash Flow	-111.25	-75.67	89.61	48.47	-23.64	25.47
Free Cash Flow	-29.8	-6.58	-11.98	-9.68	-7.75	-6.45
FCF Margin	-3.73%	-1.16%	-10.38%	-8.07%	-13.78%	-20.46%
Free Cash Flow Per Share	-0.92	-0.21	-0.44	-0.33	-0.27	-0.43
Levered Free Cash Flow	196.08	486.53	125.57	-0.1	17.04	-0.93
Unlevered Free Cash Flow	1,001	326.58	11.89	65.51	21.87	21.26

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