RZOLV Technologies Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-4.79	-2.33	-1.1
Depreciation & Amortization	0.08	0.08	0.04
Loss (Gain) From Sale of Assets	-0	-	-
Asset Writedown & Restructuring Costs	-	-	0
Stock-Based Compensation	0.62	-	-
Other Operating Activities	1.32	0.32	-0.02
Change in Accounts Receivable	-0.07	0.05	-0.15
Change in Accounts Payable	0.11	0.04	0.06
Operating Cash Flow	-2.73	-1.84	-1.16
Capital Expenditures	-0.01	-0.02	-0.18
Sale of Property, Plant & Equipment	0	-	-
Cash Acquisitions	0.02	-	-
Sale (Purchase) of Intangibles	-	-	-0
Other Investing Activities	0.02	-0.29	0.02
Investing Cash Flow	0.04	-0.31	-0.16
Long-Term Debt Repaid	-0.04	-0.04	-0.02
Net Debt Issued (Repaid)	-0.04	-0.04	-0.02
Issuance of Common Stock	4.18	1.72	2.49
Other Financing Activities	-0.41	-0.14	-0.16
Financing Cash Flow	3.73	1.54	2.3
Foreign Exchange Rate Adjustments	-	-0.01	0
Net Cash Flow	1.04	-0.62	0.98
Free Cash Flow	-2.74	-1.87	-1.35
Free Cash Flow Per Share	-0.05	-0.04	-0.04
Levered Free Cash Flow	-1.02	-0.87	-
Unlevered Free Cash Flow	-1.02	-0.87	-
Change in Working Capital	0.04	0.09	-0.1

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