TSXV:RECO 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 2022	FY 2021	FY 2020
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-14.95	-15.81	-19.54	-52.54	-263.41	-7.48
Depreciation & Amortization	-	-	-	0.04	0.03	-
Stock-Based Compensation	3.7	4.49	7.69	18.87	17.87	1.47
Other Adjustments	-0.96	-0.86	1.17	11.93	231.13	0.07
Change in Receivables	0.41	1.82	-2.05	-6.1	-5.78	-0.04
Changes in Accounts Payable	-0.13	-0.4	-1.87	27.55	0.88	0.56
Changes in Other Operating Activities	0.21	0.46	-0.29	-0.41	7.57	0.01
Operating Cash Flow	-11.48	-10.31	-14.88	-0.66	-11.71	-5.41
Capital Expenditures	-	-	-	-0.48	-0.3	-6.36
Sale of Property, Plant & Equipment	-	-	0.07	-	0.07	-
Purchases of Intangible Assets	-37.05	-34.75	-31.02	-42.96	-35.34	-10.48
Payments for Business Acquisitions	-	-	-	-	14.24	-
Other Investing Activities	-	-	-0.46	-	-	-
Investing Cash Flow	-37.05	-34.75	-31.41	-43.44	-21.32	-16.84
Long-Term Debt Issued	-	-	-	-	-	-0.26
Net Long-Term Debt Issued (Repaid)	-	-	-	-	-	-0.26
Issuance of Common Stock	72.95	36.93	55.58	47.02	87.4	26.77
Net Common Stock Issued (Repurchased)	72.95	36.93	55.58	47.02	87.4	26.77
Financing Cash Flow	72.95	36.93	55.58	47.02	87.4	26.51
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0	0.01	0.05	0.06	-0.01	-0.01
Net Cash Flow	24.43	-8.12	9.34	2.98	54.36	4.25
Free Cash Flow	-11.48	-10.31	-14.88	-1.15	-12.01	-11.77
Free Cash Flow Per Share	-0.04	-0.03	-0.06	-0.01	-0.07	-0.14
Levered Free Cash Flow	-14.87	-15.76	-21.69	-28.41	-255.23	-13.53
Unlevered Free Cash Flow	-14.33	-15.61	-21.03	-20.17	-254.38	-13.05