← Enerflex Ltd.

Annual Trend FY 2017 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Net earnings — — ($18.5m) ($100.9m) ($110.9m) $32.0m $64.0m
Net Income — — — ($74.4m) — $32.0m $64.0m
Net Income From Continuing Operations — — — ($74.4m) — $32.0m $64.0m
Adjustments to reconcile profit (loss) other than changes in working capital — — $125.3m $91.1m $259.6m $218.0m $326.0m
Depreciation and amortization — — $87.6m $128.3m $267.5m $185.0m $161.0m
Depreciation Amortization Depletion — — — $94.5m — $185.0m $161.0m
Deferred income taxes — — $43.4m $3.3m ($10.9m) ($23.0m) $7.0m
Deferred Income Tax — — — $2.4m — ($23.0m) $7.0m
Deferred Tax — — — $2.4m — ($23.0m) $7.0m
Adjustments For Share-Based Payments — — $12.9m $16.2m $7.7m $29.0m $26.0m
Equity earnings and impairment of associates and joint ventures — — — — — $0 $3.0m
Share-based compensation expense — — $12.9m $16.2m $7.7m $29.0m $26.0m
Impairment of EI assets — — $537k $1.2m $1.7m $1.0m $3.0m
Asset Impairment Charge — — — $36.3m — $1.0m $3.0m
EI assets - operating leases — — — — $24.0m $3.0m $22.0m
Earnings (Loss)es From Equity Investments — — — ($3.5m) — $0 $3.0m
Additional Financial Items
Adjustments For Decrease Increase In Trade Account Receivable — — $1.2m ($56.9m) $70.0m $0 $55.0m
Goodwill — — $566.3m $679.4m $571.8m $422.0m $430.0m
Increase Decrease In Working Capital — — ($82.9m) $71.3m ($13.7m) ($106.0m) ($19.0m)
Interest Received Classified As Operating Activities — — ($454k) ($1.3m) $36.2m $4.0m —
Payments Of Lease Liabilities Classified As Financing Activities — — $14.2m $15.8m $20.4m $20.0m $23.0m
Purchase Of Intangible Assets Classified As Investing Activities — — — — $6.5m $2.0m $0
Loss on financial instruments — — — — $14.0m $11.0m $4.0m
Derecognition and unrealized loss (gain) on redemption options — — — — — ($17.0m) $17.0m
(Gain) on sale of PP&E — — ($135k) ($199k) $2.1m $0 ($1.0m)
Debt extinguishment costs of the 2027 Notes — — — — — $0 $42.0m
Net change in working capital and other — — $82.9m ($71.3m) $13.7m $106.0m $19.0m
PP&E ($5.2m) ($8.0m) ($21.8m) ($16.0m) $1.0m
Intangible assets — — — — ($6.5m) ($2.0m) $0
Net (purchases) of financial instruments — — — — ($25.0m) $0 ($4.0m)
Net change in working capital associated with investing activities — — — $12.4m ($17.2m) $15.0m ($7.0m)
Cash used in investing activities — — ($48.9m) $43.2m ($158.9m) ($59.0m) ($103.0m)
Net proceeds from the Revolving Credit Facility — — — $464.6m ($137.3m) ($41.0m) —
Repayment of the Revolving Credit Facility — — — — — ($41.0m) ($3.0m)
Repayment of the 2027 Notes — — — — — ($62.0m) ($576.0m)
Issuance of the 2031 Notes — — — — — $0 $400.0m
Repayment of the Term Loan — — — — ($20.0m) ($130.0m) $0
Lease liability principal repayment — — ($14.2m) ($15.8m) ($20.4m) ($20.0m) ($23.0m)
Stock option exercises — — — $260k $1.3m $1.0m $2.0m
Shares repurchased - NCIB — — — — — $0 ($23.0m)
Deferred transaction costs — — ($2.1m) ($54.7m) ($4.9m) ($2.0m) ($10.0m)
Cash used in financing activities — — ($80.5m) $11.9m ($200.5m) ($263.0m) ($250.0m)
Beginning Cash Position — — — $127.3m — $95.0m $92.0m
Cash Flow From Continuing Financing Activities — — ($80.5m) $8.7m ($200.5m) ($263.0m) ($250.0m)
Cash Flow From Continuing Investing Activities — — ($48.9m) $31.9m ($158.9m) ($59.0m) ($103.0m)
Change In Account Payable — — — $57.4m — ($7.0m) ($22.0m)
Change In Income Tax Payable — — — ($8.1m) — $23.0m $1.0m
Change In Inventory — — — ($58.0m) — $36.0m ($20.0m)
Change In Other Current Assets — — — $0 — $2.0m $0
Change In Other Current Liabilities — — — $0 — ($6.0m) $0
Change In Other Working Capital — — $82.9m $119.0m $13.7m $60.0m ($14.0m)
Change In Payable — — — $49.2m — $16.0m ($21.0m)
Change In Payables And Accrued Expense — — — $49.2m — $16.0m ($21.0m)
Change In Prepaid Assets — — — ($25.9m) — $9.0m ($3.0m)
Change In Receivables — — — ($136.9m) — ($11.0m) $77.0m
Change In Tax Payable — — — ($8.1m) — $23.0m $1.0m
Change In Working Capital — — $82.9m ($52.5m) $13.7m $106.0m $19.0m
Changes In Account Receivables — — — ($41.9m) — $0 $55.0m
Changes In Cash — — — $55.2m — $2.0m ($8.0m)
End Cash Position — — — $187.0m — $92.0m $81.0m
Financing Cash Flow — — — $8.7m — ($263.0m) ($250.0m)
Free Cash Flow — — — ($70.8m) — $247.0m $230.0m
Gain Loss On Investment Securities — — — — — ($6.0m) $21.0m
Gain Loss On Sale Of PPE — — ($135k) ($147k) $2.1m $0 ($1.0m)
Investing Cash Flow — — — $31.9m — ($59.0m) ($103.0m)
Net Business Purchase And Sale — — ($102k) $93.8m $0 — —
Net Intangibles Purchase And Sale — — — $0 — ($2.0m) $0
Net PPE Purchase And Sale — — — ($73.3m) — ($72.0m) ($92.0m)
Operating Gains Losses — — — ($3.6m) — ($6.0m) $65.0m
Proceeds From Stock Option Exercised — — — $192k — $1.0m $2.0m
Purchase Of Business — — ($102k) ($4.4m) $0 — —
Purchase Of Intangibles — — — $0 — ($2.0m) $0
Purchase Of PPE — — — ($85.4m) $21.8m ($75.0m) ($115.0m)
Repurchase Of Capital Stock — — — — — $0 ($23.0m)
Sale Of Business — — $0 $98.2m $0 — —
Sale Of PPE — — — $12.0m — $3.0m $23.0m
Stock Based Compensation — — — $11.9m — $29.0m $26.0m
Profit or Loss — — ($18.5m) ($100.9m) ($110.9m) $32.0m $64.0m
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities — — $220k $416k $7.5m — $1.0m
Capital Expenditure — — — ($85.4m) — ($77.0m) ($115.0m)
Net Investment Purchase And Sale — — — $0 — $0 ($4.0m)
Purchase Of Investment — — — $0 — $0 —
Net Other Investing Changes — — — $9.1m — $15.0m ($7.0m)
Cash flows from financing activities:
Issuance Of Debt — — — $1.1b $0 $0 $400.0m
Long Term Debt Issuance — — — $1.1b $0 $0 $400.0m
Net Issuance Payments Of Debt — — — — — ($253.0m) ($202.0m)
Net Long Term Debt Issuance — — — — — ($253.0m) ($202.0m)
Long Term Debt Payments — — — — — ($253.0m) ($602.0m)
Repayment Of Debt — — — — — ($253.0m) ($602.0m)
Net Common Stock Issuance — — — — — $0 ($23.0m)
Common Stock Payments — — — — — $0 ($23.0m)
Dividends paid — — ($8) ($10) $12 $10 $14
Dividends Paid Classified As Financing Activities — — $7 $9 $12 $9 $17
Dividends Paid Ordinary Shares Per Share — — — — — $0.11 —
Dividends — — ($7) ($9) ($12) ($9) ($17)
Cash Dividends Paid — — — ($6.6m) — ($9.0m) ($17.0m)
Dividends Received CFI — — $0 $2.3m $0 — —
Net Other Financing Charges — — — — — ($2.0m) ($10.0m)
Effect of exchange rate changes on cash and cash equivalents denominated in foreign currencies — — ($1.8m) $6.1m ($41.6m) ($5.0m) ($3.0m)
Effect Of Exchange Rate Changes — — ($1.8m) $4.5m ($41.6m) ($5.0m) ($3.0m)
Decrease in cash and cash equivalents — — $77.1m $81.0m ($127.7m) ($3.0m) ($11.0m)
Cash and cash equivalents, beginning of period — $95.7m $172.8m $253.8m $126.1m $92.0m $81.0m
Change In Cash Supplemental As Reported — — — $59.7m — ($3.0m) ($11.0m)
Income Tax Paid Supplemental Data — — $10.8m $20.5m $42.7m — —
Interest Paid Classified As Operating Activities — — ($20.3m) ($33.0m) $149.9m $91.0m —

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.