CECO Environmental Corp. (CECO)

CECO Environmental Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	47.43	12.96	12.91	17.42	1.43	8.21
Depreciation & Amortization	16.13	14.52	12.51	10.61	9.85	9.92
Other Amortization	0.58	0.5	0.43	0.37	0.4	0.42
Loss (Gain) From Sale of Assets	-64.44	0.19	0.11	0.01	-0.08	0.06
Asset Writedown & Restructuring Costs	-	-	-	-	-	0.85
Stock-Based Compensation	9.2	7.51	4.53	3.9	3.34	1.76
Provision & Write-off of Bad Debts	1.5	0.3	1.59	1.34	0.69	0.93
Other Operating Activities	0.05	1.71	1.83	-1.57	2.8	3.03
Change in Accounts Receivable	-55.06	-56.5	-21.81	-23.6	-20.17	-1.19
Change in Inventory	-7.78	-9.81	-6.9	-6.02	-0.2	4.37
Change in Accounts Payable	34.99	36.18	13.85	19.84	0.81	0.34
Change in Unearned Revenue	29.59	24.92	21.58	4.41	8.43	-17.64
Change in Income Taxes	19.03	1.43	-1.98	1.42	1.05	0.46
Change in Other Net Operating Assets	-19.32	-9.07	6	1.53	4.96	-7.09
Operating Cash Flow	11.91	24.83	44.65	29.65	13.3	4.42
Operating Cash Flow Growth	-79.43%	-44.39%	50.59%	122.96%	200.79%	-56.77%
Capital Expenditures	-17.64	-17.37	-8.38	-3.38	-2.62	-3.95
Sale of Property, Plant & Equipment	0	0	-	0.02	0.53	0.61
Cash Acquisitions	-186.02	-87.95	-48.1	-44.9	-	-5.9
Divestitures	105.86	-	-	-	-	-
Investing Cash Flow	-97.79	-105.31	-56.49	-48.26	-2.08	-9.24
Long-Term Debt Issued	-	309.3	181.6	86.2	51.4	96
Long-Term Debt Repaid	-	-227.31	-156.49	-40.12	-60.44	-92.28
Net Debt Issued (Repaid)	203.82	81.99	25.11	46.08	-9.04	3.72
Issuance of Common Stock	-	-	1.44	0.67	0.23	-
Repurchase of Common Stock	-7.12	-7.17	-	-7.02	-5.01	-
Other Financing Activities	-8.51	-8.91	-5.4	-1.56	-1.73	-
Financing Cash Flow	188.19	65.91	21.14	38.18	-15.56	3.72
Foreign Exchange Rate Adjustments	-2.67	-2.67	-0.44	-4.98	-1.48	1.94
Net Cash Flow	99.65	-17.25	8.86	14.59	-5.82	0.85
Free Cash Flow	-5.73	7.46	36.26	26.27	10.68	0.48
Free Cash Flow Growth	-	-79.43%	38.02%	145.96%	2144.12%	-89.59%
Free Cash Flow Margin	-0.94%	1.34%	6.66%	6.22%	3.29%	0.15%
Free Cash Flow Per Share	-0.16	0.20	1.03	0.75	0.30	0.01
Cash Interest Paid	14.05	13.34	12.1	5.01	2.15	3.17
Cash Income Tax Paid	10.98	9.55	9.92	5.38	-2.57	2.16
Levered Free Cash Flow	9.9	7.03	40.19	17.29	13.17	9.07
Unlevered Free Cash Flow	19.21	14.67	48.15	20.31	14.61	10.87
Change in Net Working Capital	12.37	15.32	-14.38	8.25	3.55	9.76

Updated Apr 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q