Martello Technologies Group Inc. (TSXV:MTLO)

TSXV:MTLO Cash Flow Statement

Financials in millions CAD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	-12.99	-5.7	-5.74	-25.19	-8.22	-6.37
Depreciation & Amortization	1.18	1.2	1.23	1.24	1.61	2.38
Other Amortization	0.73	0.73	0.82	1.28	1.27	0.47
Loss (Gain) From Sale of Assets	-	-	-	-	0	0.03
Asset Writedown & Restructuring Costs	5.91	-	-	19.17	-	-
Loss (Gain) From Sale of Investments	-	-	0.3	-	-	-
Stock-Based Compensation	0.31	0.2	0.18	0.23	0.59	0.54
Other Operating Activities	1.72	1.72	1.28	-0.2	0.84	-0.61
Change in Accounts Receivable	0.08	-1.29	0.97	-0.05	0.84	-0.43
Change in Inventory	0	0	0	0	-0	0.04
Change in Accounts Payable	-0.24	-0.5	0	-0.32	-1.28	-1.57
Change in Unearned Revenue	-0	0.38	-1.09	-0.21	0.32	-0.74
Change in Other Net Operating Assets	-0.88	0.18	0.59	-0.36	-0.42	0.34
Operating Cash Flow	-4.17	-3.06	-0.25	-4.85	-4.65	-6.35
Capital Expenditures	-0.01	-0.01	-0.02	-0.01	-0.01	-0.05
Cash Acquisitions	-	-	-	-	-	-11.56
Divestitures	-	-	-	-	-	0.42
Investment in Securities	-	-	-	0.07	-	2.83
Investing Cash Flow	-0.01	-0.01	-0.02	0.06	-0.01	-8.36
Long-Term Debt Issued	-	0.25	5.25	4.07	-	10.3
Total Debt Issued	-	0.25	5.25	4.07	-	10.3
Long-Term Debt Repaid	-	-0.23	-6.87	-5.28	-0.57	-2.36
Total Debt Repaid	-0.29	-0.23	-6.87	-5.28	-0.57	-2.36
Net Debt Issued (Repaid)	-0.29	0.02	-1.63	-1.2	-0.57	7.94
Issuance of Common Stock	2	2	7.55	3.3	2.51	11.11
Other Financing Activities	-0.01	-0.02	-0.13	-0.07	-0.71	1.16
Financing Cash Flow	1.7	2	5.79	2.02	1.23	20.21
Foreign Exchange Rate Adjustments	0.01	0.04	-0.02	0.03	-0.06	-0.05
Net Cash Flow	-2.46	-1.04	5.5	-2.74	-3.5	5.45
Free Cash Flow	-4.18	-3.08	-0.27	-4.86	-4.67	-6.4
Free Cash Flow Margin	-31.68%	-21.16%	-1.74%	-30.18%	-26.61%	-38.04%
Free Cash Flow Per Share	-0.01	-0.01	-0.00	-0.01	-0.01	-0.03
Levered Free Cash Flow	-3.69	-3.42	0.81	-2.16	-2.58	2.65
Unlevered Free Cash Flow	-2.51	-2.3	1.8	-1.26	-1.93	3.26
Change in Working Capital	-1.02	-1.23	1.67	-1.39	-0.74	-2.57

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.