Network Media Group Cash Flow Statement

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Net Income	-1.31	-1.91	-0.32	0.6	-2.5
Depreciation & Amortization	0.37	0.5	0.34	0.38	0.53
Other Amortization	2.18	2.66	2.62	7.02	2.76
Asset Writedown & Restructuring Costs	0.22	0.56	0.05	0.09	0.36
Stock-Based Compensation	0.03	0.32	0.3	0.53	0.49
Other Operating Activities	0.09	-0.1	-0.6	0.04	-1.07
Change in Accounts Receivable	0.97	0.24	-0.03	-0.96	0.36
Change in Accounts Payable	1.3	0.3	0.69	1.56	0.5
Change in Unearned Revenue	-0.59	-0.3	1.73	-3.99	3.96
Change in Other Net Operating Assets	0.23	0.21	0.27	0.18	0.12
Operating Cash Flow	4.45	1.73	4.92	5.32	5.89
Operating Cash Flow Growth	157.16%	-64.78%	-7.66%	-9.58%	-39.86%
Capital Expenditures	-0	-0.29	-0.01	-0.04	-0.11
Sale (Purchase) of Intangibles	-2.82	-0.03	-1.35	-8.99	-6.08
Other Investing Activities	-	0.11	-	-	-
Investing Cash Flow	-2.83	-0.21	-1.36	-9.03	-6.19
Short-Term Debt Issued	1.85	1.69	1.53	2.31	-
Long-Term Debt Issued	-	-	-	-	1.18
Total Debt Issued	1.85	1.69	1.53	2.31	1.18
Short-Term Debt Repaid	-1.95	-1.63	-2.83	-0.12	-0.73
Long-Term Debt Repaid	-0.67	-0.83	-0.69	-0.47	-0.47
Total Debt Repaid	-2.62	-2.46	-3.52	-0.59	-1.19
Net Debt Issued (Repaid)	-0.77	-0.77	-2	1.72	-0.02
Issuance of Common Stock	-	-	-	-	2.24
Financing Cash Flow	-0.77	-0.77	-2	1.72	2.23
Foreign Exchange Rate Adjustments	-	-0.01	0.01	-0.09	0.17
Net Cash Flow	0.85	0.74	1.57	-2.08	2.1
Free Cash Flow	4.45	1.44	4.91	5.28	5.78
Free Cash Flow Growth	208.15%	-70.58%	-7.11%	-8.58%	-40.84%
Free Cash Flow Margin	66.52%	12.86%	68.86%	42.49%	163.52%
Free Cash Flow Per Share	0.25	0.08	0.28	0.30	0.38
Cash Interest Paid	0.14	0.3	0.23	0.1	0.14
Cash Income Tax Paid	-0.05	0.03	0.05	0	-
Levered Free Cash Flow	-1.92	4.56	2.15	-5.48	-0.09
Unlevered Free Cash Flow	-1.72	4.77	2.37	-5.35	0.01
Change in Working Capital	2.88	-0.3	2.53	-3.32	5.32

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