FRA:MV3 Cash Flow Statement

Financials in millions CAD. Fiscal year is June - May.

Millions CAD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug '25 Aug 31, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Net Income	-7.02	-6.66	-43.82	-3.48	-2
Depreciation & Amortization	0.65	0.62	1.08	0.98	0.03
Loss (Gain) From Sale of Investments	0.43	-0.28	1.28	0.5	0.88
Stock-Based Compensation	1.72	1.57	2.34	0.38	0.3
Other Operating Activities	-2.42	-3.85	36.1	-	0.03
Change in Accounts Receivable	-0.01	-0.08	-	-	-
Change in Accounts Payable	-0.72	0.75	0.02	-0.08	0.25
Change in Other Net Operating Assets	-0.7	-0.14	-0.06	-0.1	0.04
Operating Cash Flow	-8.07	-8.07	-3.27	-1.8	-0.47
Capital Expenditures	-22.02	-14.84	-12.24	-4.86	-4.29
Cash Acquisitions	16.94	16.94	-	-	0.59
Divestitures	-0.61	-0.61	6.41	-	-
Sale (Purchase) of Real Estate	-	-	-	-0	-
Investment in Securities	-0.05	-0.03	-0.02	-0.14	-0.05
Other Investing Activities	-	-	-0.8	-	-
Investing Cash Flow	-5.75	1.45	-6.65	-5	-3.75
Total Debt Issued	-	-	-	-	1.09
Long-Term Debt Repaid	-	-0.18	-0.1	-0.02	-
Total Debt Repaid	-0.18	-0.18	-0.1	-0.02	-0.4
Net Debt Issued (Repaid)	-0.18	-0.18	-0.1	-0.02	0.69
Issuance of Common Stock	145.27	146.26	10.57	14.06	12.87
Other Financing Activities	-3.32	-3.32	-0.07	-0.87	-0.69
Financing Cash Flow	141.77	142.76	10.4	13.17	12.87
Foreign Exchange Rate Adjustments	0.3	-0.43	0.34	-	-
Net Cash Flow	128.25	135.72	0.82	6.36	8.65
Free Cash Flow	-30.08	-22.91	-15.5	-6.66	-4.76
Free Cash Flow Per Share	-0.15	-0.16	-0.16	-0.04	-0.09
Cash Interest Paid	-	-	-	0	-
Levered Free Cash Flow	-	-15.41	-13.11	-4.66	-
Unlevered Free Cash Flow	-	-15.38	-13.1	-4.66	-
Change in Working Capital	-1.43	0.53	-0.03	-0.18	0.3

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