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Keel Infrastructure Corp. (KEEL)
NASDAQ: KEEL · Real-Time Price · USD
4.050
+0.870 (27.36%)
At close: Jul 30, 2026, 4:00 PM EDT
4.180
+0.130 (3.22%)
After-hours: Jul 30, 2026, 7:59 PM EDT

Keel Infrastructure Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
-374.34-284.54-28.37-55.51-175.6422.13
Depreciation & Amortization
121.96122.63135.4284.3272.4224.48
Stock-Based Compensation
14.3814.9812.6810.9221.7922.59
Other Adjustments
-80.45-83.72-256.37-148.79-37.01-127.9
Changes in Other Operating Activities
-15.614.05-5.082.18-15.39
Operating Cash Flow
-272.44-226.59-141.71-106.89-122.42-43.32
Operating Cash Flow Growth
------

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-67.29-105.92-286.92-50.83-153.14-108.16
Sale of Property, Plant & Equipment
33.9797.65.463.1110.51.11
Purchases of Investments
-152.79-189.67-36.34-36.26-193.97-6.69
Proceeds from Sale of Investments
312.06377.97207.94177.82382.1112.84
Cash Acquisitions
--48.08----23
Other Investing Activities
-67.53-28.15-68.54-22.87-41.84-85.1
Investing Cash Flow
74.56103.74-178.3970.973.66-209

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
----4060
Short-Term Debt Repaid
-----100-
Net Short-Term Debt Issued (Repaid)
-----6060
Long-Term Debt Issued
-666.471.7-67.214.23
Long-Term Debt Repaid
-115.14-1.61-5.22-33-31.22-20.5
Net Long-Term Debt Issued (Repaid)
-115.14664.86-3.53-3335.98-6.27
Issuance of Common Stock
85.3108.46298.42122.0654.11322.49
Repurchase of Common Stock
--9.95----
Net Common Stock Issued (Repurchased)
85.398.5298.42122.0654.11322.49
Other Financing Activities
--69.090.71--6.08-4.23
Financing Cash Flow
557.58694.28295.6189.0524.01371.99

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
0.1-0.01-0.010.020.04-0.02
Net Cash Flow
359.7571.43-24.4953.13-94.75119.67

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
-339.73-332.52-428.63-157.72-275.56-151.48
Free Cash Flow Growth
------
FCF Margin
-144.88%-145.03%-321.61%-130.99%-186.91%-89.37%
Free Cash Flow Per Share
-0.59-0.60-1.06-0.60-1.33-0.89
Levered Free Cash Flow
-450.42401.08-188.46-52.84-280.387.56
Unlevered Free Cash Flow
-192.7-128.77-183.2-14.52-339.12-35.26