Western Energy Services Corp. (TSX:WRG)

Western Energy Services Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-26.18	-25.63	-6.87	-6.89	29.32	-35.81
Depreciation & Amortization	40.68	41.39	41.04	42.16	40.1	42.02
Stock-Based Compensation	0.04	-0.84	0.81	2.76	1.99	0.28
Other Adjustments	4.39	33.54	7.28	10.9	-31.47	16.55
Changes in Other Operating Activities	-0.65	-7.49	4.54	2.42	-11.39	-6.42
Operating Cash Flow	45.59	40.97	46.8	51.35	28.54	16.63
Operating Cash Flow Growth	9.39%	-12.45%	-8.87%	79.93%	71.61%	-40.01%
Capital Expenditures	-20.83	-21.68	-21.6	-22.62	-34.23	-6.87
Sale of Property, Plant & Equipment	6.01	2.77	1.93	1.37	0.42	2.21
Other Investing Activities	-1.61	-0	-1.88	-4.23	5.23	-1.03
Investing Cash Flow	-16.84	-19.25	-21.91	-25.45	-28.95	-5.69
Short-Term Debt Issued	6.52	-	-	-	-1	-
Short-Term Debt Repaid	-9.8	-4.94	-1.61	-2	-	-3
Net Short-Term Debt Issued (Repaid)	-3.28	-4.94	-1.61	-2	-1	-3
Long-Term Debt Repaid	-12.33	-7.33	-12.33	-13.39	-12.87	-2.15
Net Long-Term Debt Issued (Repaid)	-12.33	-7.33	-12.33	-13.39	-12.87	-2.15
Issuance of Common Stock	0.02	-	-	-	31.52	0.01
Net Common Stock Issued (Repurchased)	0.02	-	-	-	31.52	0.01
Other Financing Activities	-10.33	-10.92	-13.45	-13.42	-16.22	-17.65
Financing Cash Flow	-29.2	-22.85	-27.03	-28.85	1.81	-22.79
Net Cash Flow	-0.45	-1.13	-2.15	-2.95	1.4	-11.84
Free Cash Flow	24.76	19.3	25.19	28.73	-5.69	9.77
Free Cash Flow Growth	28.30%	-23.40%	-12.31%	-	-	-60.84%
FCF Margin	12.15%	8.87%	11.29%	12.31%	-2.84%	7.42%
Free Cash Flow Per Share	0.73	0.57	0.74	0.85	-0.24	1.46
Levered Free Cash Flow	-22.9	-26.05	2.88	-0.64	9.61	-12.54
Unlevered Free Cash Flow	25.53	-6.88	24.43	25.24	-7.88	7.82

Updated Apr 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.