Zentek Cash Flow Statement

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	-9.77	-10.04	-11.7	-14.41	-31.69
Depreciation & Amortization	0.53	0.6	0.61	0.54	20.29
Loss (Gain) From Sale of Assets	-0.39	0.01	0.16	0.01	-
Stock-Based Compensation	1.26	1.53	1.79	3.2	4.73
Provision & Write-off of Bad Debts	-	-	-	0.1	-
Other Operating Activities	1.81	0.14	0.18	-	0.05
Change in Accounts Receivable	0.83	-0.91	0.27	-0.01	-0.54
Change in Inventory	0.17	0.4	-0.07	-2.18	-0.67
Change in Accounts Payable	0.41	1.8	-0.02	-0.02	0.83
Change in Other Net Operating Assets	0.09	0.19	0.73	-0.18	-0.99
Operating Cash Flow	-5.07	-6.28	-8.05	-12.96	-7.99
Capital Expenditures	-0.7	-0.18	-0.59	-2.27	-4.3
Sale of Property, Plant & Equipment	2.37	-	0.01	-	-
Investing Cash Flow	1.67	0.36	1.88	-2.31	-7.25
Long-Term Debt Issued	1.98	-	-	-	-
Long-Term Debt Repaid	-0.52	-0.56	-0.37	-1.1	-0.12
Net Debt Issued (Repaid)	1.46	-0.56	-0.37	-1.1	-0.12
Issuance of Common Stock	3.22	3.3	0.11	0.05	40.62
Repurchase of Common Stock	-	-0.14	-0.41	-	-
Other Financing Activities	-0.1	-0.07	-	-	-1.67
Financing Cash Flow	4.58	2.52	-0.67	-1.05	38.82
Net Cash Flow	1.18	-3.4	-6.84	-16.32	23.58
Free Cash Flow	-5.77	-6.47	-8.64	-15.23	-12.29
Free Cash Flow Margin	-3475.60%	-741.21%	-28989.62%	-20904.27%	-3540.35%
Free Cash Flow Per Share	-0.05	-0.06	-0.09	-0.15	-0.13
Levered Free Cash Flow	-1.98	-3.64	-1.03	-9.9	-5.27
Unlevered Free Cash Flow	-1.82	-3.58	-0.96	-9.83	-5.23
Change in Working Capital	1.5	1.48	0.91	-2.4	-1.36