Zentek Ltd. (ZTEK) quarterly cash flow statement — complete operating, investing & financing history
| Metric | 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 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Cash from Operations | -736.82K | -1.95M | -1.21M | -1.17M | -1.28M | -1.75M | -1.35M | -1.04M | -1.69M | -1.92M | -2.02M | -1.28M | -2.97M | -3.3M | -3.69M | -2.33M | -2.48M | -1.58M | -1.74M | -980.75K |
| Operating CF Margin % | -1998.92% | -2988.4% | -19485.48% | -2032.49% | -157.64% | -4649.61% | -8609.07% | -18879.23% | -29345.42% | -15445.98% | -17348.44% | - | -31083.02% | -21702.92% | - | -7031.87% | -1536.21% | -284.95% | -1159.06% | - |
| Operating CF Growth % | 42.55% | -11.14% | 10.52% | -13.36% | 24.08% | 8.57% | 33.11% | 19.22% | 43.09% | 41.86% | 45.29% | 44.89% | -19.56% | -108.55% | -112.12% | -137.36% | -408.36% | -26.16% | -205.53% | -4394.77% |
| Net Income | -3.54M | -2.49M | -2.39M | -1.36M | -1.84M | -2.6M | -2.25M | -1.87M | -2.46M | -2.69M | -2.51M | -2.38M | -2.73M | -3.24M | -3.41M | -3.91M | -4.94M | -1.72M | -2.32M | -1.86M |
| Depreciation & Amortization | 127.18K | 130.02K | 135.09K | 134.34K | 139.55K | 153.8K | 113.89K | 111.7K | 160.6K | 162.05K | 111.33K | 105.48K | 127.25K | 140.74K | 116.01K | 120.9K | 342.85K | 95.66K | 62.51K | 71.55K |
| Stock-Based Compensation | 0 | 0 | 69.3K | 121.56K | 279.68K | 258.02K | 0 | 0 | 220.98K | 388.89K | 0 | 0 | 240.53K | 681.17K | 1.01M | 0 | 2.32M | 0 | 0 | 821.85K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.12M | -1.47M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 2.31M | 561.09K | 416.44K | -449.3K | -152.35K | 134.55K | 341.92K | 510.3K | 299K | -5.37K | 366.17K | 613.71K | 109.62K | 2.12M | 1.47M | 990.87K | 2.13K | 778.95K | 471.63K | -267 |
| Working Capital Changes | 361.91K | -154.17K | 561.48K | 381.03K | 290.22K | 301.65K | 443.68K | 207.34K | 87.65K | 221.4K | 9.57K | 378.85K | -714.72K | -881.85K | -1.4M | 469.23K | -212.38K | -734.69K | 48.95K | -14.35K |
| Change in Receivables | 74.23K | -218.89K | -808.32K | 808.32K | -949.25K | -5.56K | -2.44K | 37.92K | 138.37K | 60.76K | -147.67K | 206.67K | -336.29K | 119.05K | 61.31K | 111.11K | 24.46K | -233.74K | -149.41K | -76.06K |
| Change in Inventory | 8.25K | 154.42K | -2.19K | 2.19K | 326.36K | 20.38K | 11.68K | 25.53K | -72.26K | 57.37K | 63.19K | -106.52K | -4.51K | -1.38M | -291.62K | -396.69K | -394.53K | -214.28K | 0 | 0 |
| Change in Payables | 230.23K | 9.63K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -60.76K | 0 | 0 | 336.29K | 100.75K | -61.31K | 0 | 0 | 76.52K | 0 | 0 |
| Cash from Investing | -171.8K | -150.88K | -323.24K | 2.31M | -89.4K | 499.38K | -22.19K | -15.57K | -39.22K | -65.21K | -128.92K | 1.63M | -288.87K | -295.51K | -854.49K | -673.75K | -5.38M | -1.24M | -30.68K | -574.97K |
| Capital Expenditures | -174.83K | -150.88K | -323.24K | -53.24K | -1 | -1.4K | -22.19K | -24.21K | -46.3K | -24.84K | -124.25K | -233.73K | -280.23K | -295.51K | -829.49K | -673.75K | -2.11M | -1.24M | 275.97K | -243.41K |
| CapEx % of Revenue | 474.31% | 231.32% | 5210.11% | 92.12% | 0% | 3.7% | 141.39% | 441.03% | 804.33% | 200.01% | 1067.34% | - | 2934.35% | 1944.18% | - | 2035.18% | 1308.53% | 224.16% | 183.8% | - |
| Acquisitions | 3.03K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 2.37M | -89.4K | 500.77K | 0 | 8.64K | 7.09K | -40.38K | -4.67K | 1.86M | -8.64K | 0 | -25K | 0 | -3.27M | -316.7K | -306.65K | -331.56K |
| Cash from Financing | 408.9K | 2.57M | -22.13K | 1.63M | 8.71K | -196.08K | 2.11M | -108.74K | -96.32K | -179.11K | -219.8K | -68.98K | -282.41K | -277.44K | -272.53K | -172.27K | 31.46M | 2.68M | 809.72K | 2.94M |
| Debt Issued (Net) | -45.19K | -43.7K | -42.23K | 1.59M | -79.16K | -163.84K | -91.54K | -89.39K | -33.82K | -30.67K | -80.28K | -99.05K | -282.41K | -277.44K | -272.53K | -181.19K | -28.72K | -35.8K | -29.69K | -28.24K |
| Equity Issued (Net) | 454.21K | 2.61M | 20.1K | 40K | 142.87K | -52.24K | 2.23M | 6.85K | -62.5K | -148.43K | -127.29K | 66.39K | 0 | 0 | 0 | 35.72K | 31.01M | 2.71M | 833.12K | 4.34M |
| 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 | 0 | 0 | 0 | 0 | -52.24K | 0 | -66.22K | -62.5K | -148.43K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -117 | 36 | -30.32K | 40K | -55K | 20K | -27.39K | -26.2K | -62.5K | 126.19K | -12.23K | -36.32K | -29.77K | -28.22K | -26.23K | -26.8K | 486.44K | -28.31K | -23.4K | -1.37M |
| Net Change in Cash | -523.03K | 1.47M | -1.55M | 2.77M | -1.36M | -1.45M | 9.33K | 296.9K | -1.82M | -2.16M | -2.43M | 2.54M | -3.54M | -3.87M | -4.82M | -3.62M | 23.6M | -137.52K | -1.05M | 1.39M |
| Free Cash Flow | -736.82K | -1.95M | -1.53M | -1.23M | -1.28M | -1.76M | -1.35M | -1.04M | -1.74M | -1.94M | -2.1M | -1.41M | -3.25M | -3.59M | -4.52M | -3M | -4.6M | -2.83M | -1.78M | -1.22M |
| FCF Margin % | -1998.91% | -2991.5% | -24695.58% | -2124.61% | -157.64% | -4653.32% | -8609.09% | -18879.18% | -30149.75% | -15645.99% | -18027.27% | - | -34017.36% | -23647.1% | - | -9067.05% | -2844.74% | -509.12% | -1187.3% | - |
| FCF Growth % | 42.55% | -11.17% | -13.41% | -18.5% | 26.11% | 9.66% | 35.63% | 26.76% | 46.57% | 45.95% | 53.58% | 52.87% | 29.34% | -27.19% | -153.61% | -145.2% | -615.76% | -118.06% | -186.33% | -7002.13% |
| FCF per Share | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 | -0.02 | -0.02 | -0.02 | -0.01 | -0.03 | -0.04 | -0.05 | -0.03 | -0.05 | -0.03 | -0.02 | -0.01 |
| FCF Conversion (FCF/Net Income) | 0.21x | 0.78x | 0.51x | 0.86x | 0.70x | 0.67x | 0.44x | 0.41x | 0.69x | 0.71x | 0.59x | 0.54x | 1.09x | 1.02x | 1.50x | 0.46x | 0.08x | 0.83x | 0.06x | 0.65x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |