First Phosphate Cash Flow Statement

Financials in millions CAD. Fiscal year is March - February.

Millions CAD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021	2020 - 2016
Net Income	-11.12	-7.63	-8.29	-3.19	-0.06	-0.07	Upgrade
Depreciation & Amortization	0	-	-	-	-	-	Upgrade
Asset Writedown & Restructuring Costs	-	-	0.11	-	-	-	Upgrade
Loss (Gain) From Sale of Investments	-0.03	-0.04	-0.05	-	-	-	Upgrade
Stock-Based Compensation	2.33	2.5	1.65	0.58	-	-	Upgrade
Other Operating Activities	-0.44	-0.57	-0.32	-0.07	-	-	Upgrade
Change in Accounts Receivable	-0.14	0.59	-0.45	-0.19	-	-	Upgrade
Change in Accounts Payable	0.33	-2.17	3.25	0.35	0.04	0.01	Upgrade
Change in Other Net Operating Assets	-0.73	0.24	0.4	-0.84	-	-	Upgrade
Operating Cash Flow	-9.02	-8.32	-3.7	-3.36	-0.03	-0.05	Upgrade
Capital Expenditures	-	-	-	-1.82	-	-	Upgrade
Investment in Securities	-	-	-	-0.08	-	-	Upgrade
Investing Cash Flow	-	-	-	-1.9	-	-	Upgrade
Short-Term Debt Issued	-	-	-	0.85	-	-	Upgrade
Long-Term Debt Issued	-	-	-	-	-	0.01	Upgrade
Total Debt Issued	-	-	-	0.85	-	0.01	Upgrade
Short-Term Debt Repaid	-	-	-	-1.1	-	-	Upgrade
Total Debt Repaid	-0.03	-	-	-1.1	-	-	Upgrade
Net Debt Issued (Repaid)	-0.03	-	-	-0.25	-	0.01	Upgrade
Issuance of Common Stock	28.86	2.67	9.96	7.01	-	0.07	Upgrade
Other Financing Activities	0.03	0.03	0.06	-0.31	-	-	Upgrade
Financing Cash Flow	28.86	2.7	10.02	6.45	-	0.08	Upgrade
Net Cash Flow	19.83	-5.62	6.32	1.18	-0.03	0.03	Upgrade
Free Cash Flow	-9.02	-8.32	-3.7	-5.18	-0.03	-0.05	Upgrade
Free Cash Flow Per Share	-0.09	-0.11	-0.07	-0.20	-0.04	-0.30	Upgrade
Cash Interest Paid	0	0.01	0	0.01	-	-	Upgrade
Levered Free Cash Flow	-4.52	-6	-0.99	-	-	-	Upgrade
Unlevered Free Cash Flow	-4.3	-5.76	-0.95	-	-	-	Upgrade
Change in Working Capital	0.24	-2.58	3.2	-0.68	0.04	0.01	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.