Keel Infrastructure Corp. (KEEL) quarterly cash flow statement — complete operating, investing & financing history
Keel Infrastructure Corp. (KEEL) cash flow statement — 9-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | -41.87M | -52.93M | -64.69M | -73.65M | -59.84M | -74.53M | -18.58M | -154.67M | -13.83M | 9.65M | -31.29M | 13.57M | 7.56M | 1.44M | 1.03M | 33.08M | 14.91M | 28.42M | -40.17M | -6.37M |
| Operating CF Margin % | -151.7% | -173.93% | -174.87% | -478.78% | -86.41% | -95.79% | -27.8% | -275.39% | -30.84% | 23.24% | -62.18% | 29.35% | 21.84% | 4.07% | 3.42% | 122.35% | 44.86% | 67.98% | -99.6% | -10.68% |
| Operating CF Growth % | 30.02% | 28.98% | -248.14% | 52.38% | -332.64% | -871.96% | - | - | - | - | -3140.72% | -58.98% | -49.34% | -94.92% | 102.56% | 619.49% | 194.51% | 420.81% | -376.16% | -306.49% |
| Net Income | -62.71M | -65M | -145.35M | -141.18M | -78.65M | -28.84M | -35.88M | 14.74M | -36.65M | -26.6M | -5.98M | -57.37M | -16.51M | -25.48M | -2.48M | -16.84M | -84.81M | -141.92M | 4.52M | 9.68M |
| Depreciation & Amortization | 12.63M | 84.15M | 27.69M | 22.45M | 33.48M | 37.01M | 29.69M | 24.58M | 28.83M | 48.58M | 38.98M | 21.79M | 21.77M | 20.53M | 20.7M | 20.78M | 20.72M | 17.86M | 13.07M | 10.29M |
| Stock-Based Compensation | 8.81M | 9.85M | 3.66M | 4.08M | 2.85M | 3.62M | 4.44M | 4.02M | 5.16M | 1.68M | 3.09M | 3.91M | 2.01M | 2.46M | 2.54M | 3.79M | 3.96M | 7.93M | 6.11M | 10.04M |
| Deferred Taxes | 0 | 0 | 0 | 5.93M | -2.51M | -8.64M | 5.63M | -9.97M | -1.25M | 1.96M | -6.29M | 3.94M | 8.72M | -94K | -330K | 165K | -19.66M | -19.32M | 6.44M | 2.94M |
| Other Non-Cash Items | -3.41M | -77.05M | 58.36M | 50.99M | -18.11M | -63.81M | -50.25M | -185.26M | -15.52M | -4.25M | -60.77M | 38.52M | -9.46M | 3.94M | -16.73M | 16.76M | 97.56M | 164.98M | -61.86M | -50.55M |
| Working Capital Changes | 2.81M | -4.88M | -9.05M | -15.93M | 3.11M | -13.85M | 27.79M | -2.78M | 5.59M | -11.71M | -323K | 2.79M | 1.02M | 89K | -2.67M | 8.43M | -2.86M | -1.1M | -8.44M | 11.24M |
| Change in Receivables | 498K | 3.38M | -3.38M | -916K | -213K | -1.08M | 702K | 213K | -737K | -6.07K | -15K | 443K | -138K | -645K | 327K | 806K | -771K | 25K | 369K | 166K |
| Change in Inventory | -561K | 1.73M | -1.73M | -1.77M | -547K | -2.23M | -429K | -4K | -101K | -370K | 0 | 0 | -67K | 0 | 0 | 0 | 0 | 0 | 0 | -49K |
| Change in Payables | -7.89M | 2.65M | -2.65M | -15.76M | 12.13M | -11.14M | 12.72M | -25.09M | 11.85M | -3.11M | 550K | 2.97M | 99K | -3.48M | 97K | 4.09M | 4.38M | -4.11M | -4.26M | 6.21M |
| Cash from Investing | 143.72M | 13.95M | -54.84M | -16.44M | 46.15M | 99.68M | -25.65M | 90.47M | -117.03M | -75.28M | -26.98M | -22.97M | -16.14M | -15.7M | -3.53M | -10.47M | -8.79M | -35.68M | -100.07M | -83.67M |
| Capital Expenditures | -47.59M | -43.09M | -10.32M | -44.27M | -9.35M | -19.02M | -47.82M | -74.66M | -111.06M | -76.19M | -77.94M | -24.2M | -18.13M | -20.88M | -8.1M | -23.87M | -35.68M | -67.62M | -67.81M | -60.82M |
| CapEx % of Revenue | 172.43% | 141.6% | 27.91% | 287.81% | 13.51% | 24.44% | 71.53% | 132.94% | 247.61% | 183.39% | 154.89% | 52.33% | 52.4% | 58.84% | 26.97% | 88.29% | 107.33% | 161.71% | 168.14% | 102.05% |
| Acquisitions | 0 | 0 | 0 | 875K | 15.5M | 14.63M | -16.05M | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | 57.54M | 31.87M | 16.81M | 14.6M | 10.26M | 4.63M | 6.62M | 10.8M | 99.26M | 66.03M |
| Other Investing | 329K | 60.4M | -44.53M | 184.63M | 6.19M | 906K | 2.14M | 10.66M | -6.75M | 503K | 1.04M | 227K | -2.14M | 4.91K | -182 | 5.71M | 4.04M | 719K | 35K | -22.85M |
| Cash from Financing | -1.49M | 409.51M | -113.13M | 609.2M | 15.15M | 46.63M | 23.3M | 50.8M | 65.3M | 138.23M | 40.14M | 46.61M | 24.57M | 15.75M | 943K | -27.53M | -16.37M | -24.03M | 91.94M | 172.36M |
| Debt Issued (Net) | -244K | 444.95M | -113.47M | 619.32M | -776K | 46.63M | -303K | -321K | -614K | -575K | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 304K | -35.27M | 449K | 58.97M | 4.48M | -441.92K | 23.61M | 50.14M | 65.83M | 136.3M | 37.27M | 40.57M | 30.92M | 21.82M | 15.76M | 5.58M | 12.59M | 9.62M | 26.29M | 110.13M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -41.84M | 0 | 2K | -9.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.55M | -171K | -109K | -69.09M | 11.44M | 444.92K | 0 | 977K | 88K | 2.5M | 6.03M | 12.82M | 0 | 115K | 47K | -6K | 4K | 23K | 0 | 2.96M |
| Net Change in Cash | 100.35M | 370.53M | -232.61M | 519.01M | 1.51M | 71.89M | -21M | -13.37M | -65.71M | 72.71M | -18.08M | 37.26M | 15.88M | 1.51M | -1.51M | -4.93M | -10.17M | -31.31M | -48.3M | 82.33M |
| Free Cash Flow | -89.47M | -96.02M | -75.01M | -117.92M | -69.19M | -93.54M | -66.4M | -229.33M | -124.89M | -66.54M | -109.22M | -10.63M | -10.57M | -19.43M | -7.08M | 9.21M | -20.77M | -39.19M | -107.98M | -67.19M |
| FCF Margin % | -324.12% | -315.53% | -202.78% | -766.59% | -99.92% | -120.23% | -99.33% | -408.33% | -278.45% | -160.15% | -217.07% | -22.98% | -30.56% | -54.78% | -23.54% | 34.07% | -62.47% | -93.73% | -267.74% | -112.74% |
| FCF Growth % | -29.31% | -2.65% | -12.97% | 48.58% | 44.6% | -40.58% | - | - | - | - | -1443.8% | -215.36% | 49.1% | 50.41% | 93.45% | 113.71% | 54.89% | 52.35% | -190.14% | -2620.18% |
| FCF per Share | -0.14 | -0.16 | -0.12 | -0.21 | -0.12 | -0.17 | -0.13 | -0.48 | -0.28 | -0.17 | -0.32 | -0.03 | -0.04 | -0.08 | -0.03 | 0.04 | -0.10 | -0.19 | -0.54 | -0.35 |
| FCF Conversion (FCF/Net Income) | 0.67x | 0.81x | 0.45x | 0.53x | 0.74x | 2.58x | 0.52x | -10.20x | 0.38x | -0.36x | 5.23x | -0.24x | -0.46x | -0.06x | -0.28x | -1.96x | -0.18x | -0.20x | -8.89x | -0.66x |
| Interest Paid | -5.95M | 3.64M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | -24K | 877K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |