Topicus.com Inc. (TSXV:TOI)

Topicus.com Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	35.44	41.76	91.99	71.75	52.93	-1,884
Depreciation & Amortization	97.27	123.2	102.91	90.99	78.05	63.73
Other Amortization	127.1	82.36	68.11	61.83	59.65	46.91
Asset Writedown & Restructuring Costs	0.56	0.53	0.62	-	-	1.6
Loss (Gain) From Sale of Investments	-30.11	-62.9	-	-	-	-
Loss (Gain) on Equity Investments	203.64	222.83	-0.21	-0.14	-0.58	-1.39
Other Operating Activities	-16.64	-23.51	57.1	42.2	12.46	1,958
Change in Accounts Receivable	-7.97	16.39	11.4	-15.41	-6	-21.42
Change in Inventory	0.58	-0.42	0.29	0.41	-0.02	-0.35
Change in Accounts Payable	1.13	22.23	7.81	10.74	12.13	9.34
Change in Unearned Revenue	26.28	7.64	7.16	4	0.35	5.8
Change in Other Net Operating Assets	-13.3	-17.45	0.45	-19.8	-5.96	-1.41
Operating Cash Flow	423.99	412.68	347.63	246.56	203.01	176.42
Operating Cash Flow Growth	15.27%	18.71%	40.99%	21.45%	15.07%	16.17%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-9.26	-9.58	-7.43	-7.02	-6.55	-4.65
Cash Acquisitions	-97.98	-273.85	-99.81	-119.18	-129.13	-236.64
Divestitures	-	-	-	-	-	27.59
Sale (Purchase) of Intangibles	-1.07	-1.07	-0.85	-0.76	-0.75	-0.73
Investment in Securities	-217.17	-384.88	-	-0.25	-	-
Other Investing Activities	49.15	-0.63	-2.13	-	3.03	1.01
Investing Cash Flow	-276.32	-670.01	-110.22	-127.2	-133.41	-213.43

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	115	65	25	85	25
Long-Term Debt Issued	-	350.21	38.11	38.35	8.59	97.8
Total Debt Issued	159.3	465.21	103.11	63.35	93.59	122.8
Short-Term Debt Repaid	-	-	-	-29.88	-	-
Long-Term Debt Repaid	-	-49.07	-72.68	-106.01	-26.22	-17.87
Total Debt Repaid	-192.23	-49.07	-72.68	-135.89	-26.22	-17.87
Net Debt Issued (Repaid)	-32.94	416.14	30.43	-72.54	67.38	104.93
Preferred Dividends Paid	-	-	-	-	-66.61	-
Common Dividends Paid	-	-	-127.64	-	-	-36.43
Dividends Paid	-	-	-127.64	-	-66.61	-36.43
Other Financing Activities	-40.71	-35.08	-114.39	-5.44	-8.92	-11.81
Financing Cash Flow	-73.64	381.07	-211.6	-77.98	-8.16	56.69

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-0.01	-3.21	1.29	0.91	-	-
Miscellaneous Cash Flow Adjustments	0	-	-	-	-0	-0
Net Cash Flow	74.02	120.53	27.1	42.29	61.45	19.69

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	414.73	403.09	340.2	239.54	196.45	171.77
Free Cash Flow Growth	15.80%	18.49%	42.02%	21.93%	14.37%	14.93%
Free Cash Flow Margin	24.43%	25.97%	26.27%	21.29%	21.43%	23.13%
Free Cash Flow Per Share	3.19	3.10	2.62	1.84	2.44	2.71
Levered Free Cash Flow	443.43	455.34	332.05	236.29	227.17	173.96
Unlevered Free Cash Flow	463.82	472.78	346.04	246.27	234.03	179.82

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	33.25	27.92	23.18	17.2	13.02	9.03
Cash Income Tax Paid	68.67	53.6	55.34	50.28	45.93	39.1
Change in Working Capital	6.74	28.4	27.11	-20.06	0.5	-8.04

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 16, 2026

Data Sources Report a data error