Smartwell Technology 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-1.6	-0.8	-0.62	-0.08
Depreciation & Amortization	0.05	0.01	0.01	0.01
Stock-Based Compensation	-	-	-	0.09
Provision & Write-off of Bad Debts	-0	-0	0.38	-0.06
Other Operating Activities	0.01	0	0.01	-0
Change in Accounts Receivable	1.54	-0.12	-0.11	-0.07
Change in Accounts Payable	-0.68	0.09	0.05	0.03
Change in Unearned Revenue	0.07	-	-	-0.03
Change in Other Net Operating Assets	0.22	0.24	0.05	-0.2
Operating Cash Flow	-0.39	-0.59	-0.22	-0.3
Short-Term Debt Issued	-	0.04	-	-
Total Debt Issued	0.08	0.04	-	-
Long-Term Debt Repaid	-	-0.02	-	-
Net Debt Issued (Repaid)	0.02	0.02	-	-
Issuance of Common Stock	0.33	0.78	0.35	0.4
Other Financing Activities	-0.13	-0.03	-0.21	-
Financing Cash Flow	0.23	0.77	0.15	0.4
Foreign Exchange Rate Adjustments	-0	-0	-0.01	-0.01
Net Cash Flow	-0.16	0.18	-0.08	0.09
Cash Income Tax Paid	-	-	0.01	0
Levered Free Cash Flow	0.22	-0.21	-0.07	-
Unlevered Free Cash Flow	0.23	-0.21	-0.07	-
Change in Working Capital	1.15	0.2	-0	-0.26