BTQ Technologies Corp. (BTQ)

BTQ Technologies Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-14.3	-6.08	-15.4	-18.75	-0.35
Depreciation & Amortization	0.01	0.09	0.11	0.09	0.01
Loss (Gain) From Sale of Assets	-0	0.03	-	-	-
Asset Writedown & Restructuring Costs	0.33	0.33	-	-	-
Stock-Based Compensation	5.84	0	3.92	0.63	-
Other Operating Activities	0.04	0.06	5.09	14.23	0.01
Change in Accounts Receivable	-0.03	-0.1	0.01	-0.11	-0.04
Change in Accounts Payable	0.66	0.5	-0.53	0.87	0.09
Change in Unearned Revenue	-0.57	0.32	-	-	-
Change in Income Taxes	0.03	0.03	0.07	-	-
Change in Other Net Operating Assets	-0.57	0.14	-0.21	-0.02	-
Operating Cash Flow	-8.57	-4.7	-6.95	-3.06	-0.28
Capital Expenditures	-0.01	-	-0.02	-0.12	-0.03
Sale of Property, Plant & Equipment	0.01	0.01	-	-	-
Cash Acquisitions	-	-	0.02	-	-
Sale (Purchase) of Intangibles	-	-0.28	-	-	-0.2
Investment in Securities	-	0.58	-0.59	-0.06	-
Other Investing Activities	0.02	0.02	-	-	-0
Investing Cash Flow	0.02	0.33	0.75	-1.53	-0.23
Long-Term Debt Issued	-	1.5	-	-	-
Total Debt Issued	0.5	1.5	-	-	0.42
Short-Term Debt Repaid	-	-	-	-0.3	-
Long-Term Debt Repaid	-	-0.08	-0.1	-0.07	-
Total Debt Repaid	-	-0.08	-0.1	-0.37	-
Net Debt Issued (Repaid)	0.5	1.42	-0.1	-0.37	0.42
Issuance of Common Stock	50.52	10.28	7.2	7.02	0.08
Other Financing Activities	-3.9	-0.86	-0.09	-	-
Financing Cash Flow	47.12	10.84	7	6.65	0.5
Foreign Exchange Rate Adjustments	-	-	-	-	-0.01
Net Cash Flow	38.57	6.47	0.8	2.06	-0.02
Free Cash Flow	-8.58	-4.7	-6.96	-3.19	-0.31
Free Cash Flow Margin	-1517.40%	-704.34%	-	-	-156.18%
Free Cash Flow Per Share	-0.07	-0.04	-0.06	-0.06	-
Levered Free Cash Flow	-2.87	-2.22	-1.91	-11.68	-
Unlevered Free Cash Flow	-2.84	-2.19	-1.91	-11.67	-
Change in Working Capital	-0.48	0.88	-0.66	0.74	0.05

Source: S&P Global Market Intelligence. Standard template. Financial Sources.