Icarus Capital Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-0.43	-0.54	-0.19	-0.16	-0.01
Depreciation & Amortization	0.09	0.12	0.02	-	-
Asset Writedown & Restructuring Costs	0.22	0.31	-	-	-
Stock-Based Compensation	-	-	-	0.04	-
Other Operating Activities	0.09	0.01	0.01	-	-
Change in Accounts Receivable	0.01	0.01	-0.03	-	-
Change in Inventory	-0	-0	0.01	-	-
Change in Accounts Payable	0.04	0.04	0	0.03	0
Change in Unearned Revenue	-0	-0	0	-	-
Change in Income Taxes	-0	-0	0	-	-
Change in Other Net Operating Assets	0.17	-0.01	0.07	0.06	-0.06
Operating Cash Flow	0.17	-0.06	-0.12	-0.03	-0.07
Cash Acquisitions	-0	-0	-0.15	-	-
Investing Cash Flow	-0	-0	-0.15	-	-
Long-Term Debt Issued	-	-	0.28	-	-
Long-Term Debt Repaid	-	-0.14	-0.03	-	-
Net Debt Issued (Repaid)	-0.27	-0.14	0.25	-	-
Issuance of Common Stock	0.19	0.02	0.22	0.2	0.11
Other Financing Activities	-0.02	-	-0	-0.16	-
Financing Cash Flow	-0.1	-0.12	0.47	0.04	0.11
Net Cash Flow	0.07	-0.19	0.19	0.01	0.04
Levered Free Cash Flow	0.14	0.04	-0.05	0.04	-
Unlevered Free Cash Flow	0.2	0.09	-0.03	0.04	-
Change in Working Capital	0.21	0.03	0.05	0.09	-0.06

Source: S&P Global Market Intelligence. Standard template. Financial Sources.