Tucows Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Net Income	-96.2	-27.57	3.36	5.78	15.4	Upgrade
Depreciation & Amortization	47.26	39.58	27.99	24.05	19.29	Upgrade
Share-Based Compensation	8.13	7.41	3.04	2.86	2.24	Upgrade
Other Operating Activities	36.03	0.46	-4.76	3.4	3.45	Upgrade
Operating Cash Flow	-4.77	19.88	29.64	36.08	40.38	Upgrade
Operating Cash Flow Growth	-	-32.94%	-17.86%	-10.65%	8.52%	Upgrade
Capital Expenditures	-92.58	-137.49	-73.44	-44.51	-47.64	Upgrade
Acquisitions	0	0	-26.53	-8.77	-28.45	Upgrade
Change in Investments	0	0	-2.01	0	0	Upgrade
Investing Cash Flow	-92.58	-137.49	-101.98	-53.28	-76.09	Upgrade
Share Issuance / Repurchase	0	1.1	4.82	-2.3	-4.59	Upgrade
Debt Issued / Paid	138.63	-0.75	-0.3	8	49.24	Upgrade
Other Financing Activities	40.21	131.66	68.61	-0.59	-1.19	Upgrade
Financing Cash Flow	178.84	132.01	73.14	5.12	43.46	Upgrade
Net Cash Flow	81.48	14.39	0.79	-12.08	7.76	Upgrade
Free Cash Flow	-97.35	-117.62	-43.8	-8.43	-7.26	Upgrade
Free Cash Flow Margin	-28.69%	-36.62%	-14.39%	-2.71%	-2.15%	Upgrade
Free Cash Flow Per Share	-8.96	-10.92	-4.11	-0.80	-0.68	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).