Zedcor Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2.72	1.63	2.65	6	-1.58
Depreciation & Amortization	13.23	7.11	4.86	3.35	2.27
Stock-Based Compensation	4.71	1.57	0.56	0.13	0.14
Other Adjustments	-1.03	1.57	0.79	-1.48	3.65
Changes in Other Operating Activities	-2.65	-0.86	1.02	-1.8	0.06
Operating Cash Flow	16.98	11.02	9.89	6.19	4.54
Operating Cash Flow Growth	54.08%	11.47%	59.71%	36.25%	66.78%
Capital Expenditures	-65.52	-21.39	-13.47	-8.99	-5.76
Sale of Property, Plant & Equipment	0.1	0.01	0.15	0.25	0.17
Other Investing Activities	4.52	0.85	-0.13	0.13	12.17
Investing Cash Flow	-60.9	-20.53	-13.45	-8.61	6.58
Long-Term Debt Issued	41.19	22.78	8.68	5.22	8.2
Long-Term Debt Repaid	-20.27	-21.56	-2.59	-2.69	-18.39
Net Long-Term Debt Issued (Repaid)	20.92	1.22	6.09	2.54	-10.19
Issuance of Common Stock	23.84	15.79	0.44	2	0.07
Net Common Stock Issued (Repurchased)	23.84	15.79	0.44	2	0.07
Repurchase of Preferred Stock	-	-	-	-0.04	-
Net Preferred Stock Issued (Repurchased)	-	-	-	-0.04	-
Other Financing Activities	-3.94	-3.21	-2.06	-1.61	-1.65
Financing Cash Flow	40.81	13.8	4.47	2.88	-11.77
Net Cash Flow	-3.11	4.29	0.9	0.46	-0.65
Free Cash Flow	-48.54	-10.37	-3.58	-2.8	-1.22
FCF Margin	-82.39%	-31.43%	-14.38%	-12.66%	-8.98%
Free Cash Flow Per Share	-0.44	-0.11	-0.05	-0.04	-0.02
Levered Free Cash Flow	-31.31	-12.29	1.16	1.09	-17.52
Unlevered Free Cash Flow	-44.66	-12.76	-5.47	-5.36	-1.84