Keel Infrastructure Corp. (KEEL)

NASDAQ: KEEL · Real-Time Price · USD

2.740

-0.100 (-3.52%)

At close: Apr 16, 2026, 4:00 PM EDT

2.760

+0.020 (0.73%)

Pre-market: Apr 17, 2026, 8:40 AM EDT

Keel Infrastructure Cash Flow Statement

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

Millions USD. 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	-284.54	-28.37	-55.51	-175.64	22.13
Depreciation & Amortization	122.63	135.42	84.32	72.31	24.24
Other Amortization	-	-	-	0.11	0.24
Loss (Gain) From Sale of Assets	-5.46	-0.69	1.6	1.28	4.01
Asset Writedown & Restructuring Costs	152.37	-22.39	5.03	93.11	-0.06
Loss (Gain) From Sale of Investments	-	-	-	-51.65	-6.15
Stock-Based Compensation	14.98	12.68	10.92	21.79	22.59
Other Operating Activities	-227.68	-230.89	-155.97	-79.75	-125.7
Change in Accounts Receivable	-1.5	-0.55	-0.01	0.43	0.06
Change in Inventory	-4.99	-0.48	-0.12	-	-
Change in Accounts Payable	-2.05	-15.83	-0.53	0.09	9.24
Change in Income Taxes	-0.41	-0.18	0.16	-0.13	11.78
Change in Other Net Operating Assets	10.05	9.55	3.23	-4.38	-5.7
Operating Cash Flow	-226.59	-141.71	-106.89	-122.42	-43.32
Capital Expenditures	-126.09	-339.85	-73.7	-194.98	-193.26
Sale of Property, Plant & Equipment	34.57	5.46	3.11	10.5	1.11
Cash Acquisitions	-48.08	-	-	-	-23
Divestitures	63.04	-	-	-	-
Investment in Securities	-1.26	2.31	12.25	51.65	6.15
Other Investing Activities	181.58	153.69	129.31	136.49	-
Investing Cash Flow	103.74	-178.39	70.97	3.66	-209
Short-Term Debt Issued	-	-	-	40	60
Long-Term Debt Issued	666.47	1.7	-	67.2	14.23
Total Debt Issued	666.47	1.7	-	107.2	74.23
Short-Term Debt Repaid	-	-	-	-100	-
Long-Term Debt Repaid	-1.61	-5.22	-33	-37.3	-24.73
Total Debt Repaid	-1.61	-5.22	-33	-137.3	-24.73
Net Debt Issued (Repaid)	664.86	-3.53	-33	-30.1	49.5
Issuance of Common Stock	108.46	298.42	122.06	55.98	322.49
Repurchase of Common Stock	-9.95	-	-	-	-
Other Financing Activities	-69.09	0.71	-	-1.87	-
Financing Cash Flow	694.28	295.61	89.05	24.01	371.99
Foreign Exchange Rate Adjustments	-0.01	-0.01	0.02	0.04	-0.02
Net Cash Flow	571.42	-24.5	53.15	-94.71	119.65
Free Cash Flow	-352.68	-481.56	-180.59	-317.4	-236.58
Free Cash Flow Margin	-153.82%	-361.33%	-149.99%	-222.85%	-139.58%
Free Cash Flow Per Share	-0.64	-1.16	-0.69	-1.53	-1.40
Cash Interest Paid	1.26	1.74	13.92	17.72	3.98
Cash Income Tax Paid	0.43	1.51	-11.59	14.96	-
Levered Free Cash Flow	-133.66	-385.46	17.56	-17.81	-245.32
Unlevered Free Cash Flow	-124.61	-385	19.35	-8.92	-243.19
Change in Working Capital	1.11	-7.48	2.73	-3.98	15.39

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