Jewett-Cameron Trading Company Ltd. (JCTC) Cash Flow Statement
Where JCTC’s cash came from and went, FY2025
August 31, 2025 · U.S. dollars- Cash from operations
- −$6.6M −209.7% vs FY2024
- Capital expenditures
- $115,012 0.3% of revenue
- Free cash flow
- −$6.7M −16.3% margin
- Returned to shareholders
- —
- Change in cash
- −$4.6M cash at year-end $226,213
Cash from operations
−$6.6M
Capital expenditures
−$115,012
Net borrowing (repayment)
+$2.1M
Change in cash
−$4.6M
Drawn to scale: where the cash came from and how it was used. Hover for values.
JCTC operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
JCTC cash flow trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $3.1MFY2016 | −$6.6MFY2025 | — | |
| Capital expenditures | $926,445FY2016 | $115,012FY2025 | −20.7%/yr | |
| Free cash flow | $2.2MFY2016 | −$6.7MFY2025 | — | |
| Free cash flow margin | 4.6%FY2016 | −16.3%FY2025 | −20.9 pts | |
| Operating cash flow / net income | 1.48FY2016 | 8.35FY2024 | +6.87 | |
| Stock-based compensation | $0FY2020 | $59,926FY2025 | — | |
| Share buybacks (net) | $2.1MFY2016 | $0FY2021 | −100.0% | |
| Capex / revenue | 1.9%FY2016 | 0.3%FY2025 | −1.6 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
JCTC cash flow by activity
OperatingInvestingFinancingChange in cash
JCTC net income vs operating cash flow
Net incomeOperating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
JCTC cash flow statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | −$4.1M | $721,753 | −$20,626 | $1.2M | $3.5M | $2.8M | $2.1M | $2.9M | $2.7M | $2.1M |
| Depreciation & amortization | $322,531 | $352,866 | $397,922 | $319,617 | $244,279 | $217,712 | $191,819 | $274,065 | $275,214 | $276,268 |
| Stock-based compensation | $59,926 | $32,064 | $23,303 | $56,838 | $70,391 | $0 | — | — | — | — |
| Change in working capital | −$3.2M | $5.0M | $5.6M | −$4.8M | −$7.5M | −$6.9M | $4.7M | −$1.3M | −$724,260 | $516,475 |
| Other non-cash items | $340,226 | −$111,941 | −$365,127 | −$146,469 | −$660,714 | $1.7M | −$684,817 | −$289,800 | $112,537 | $231,207 |
| Cash from operating activities | −$6.6M | $6.0M | $5.6M | −$3.4M | −$4.4M | −$2.2M | $6.3M | $1.6M | $2.4M | $3.1M |
| Investing activities | ||||||||||
| Capital expenditures | −$115,012 | −$110,540 | −$326,416 | −$1.3M | −$1.2M | −$449,282 | −$32,731 | −$110,528 | −$474,359 | −$926,445 |
| Investments (net) | — | $149 | −$256,166 | −$1.3M | −$1.2M | −$448,882 | — | — | — | — |
| Acquisitions & other investing | $800 | $110,540 | $326,416 | $1.3M | $1.2M | $449,282 | $324,674 | $1,000 | $3,480 | $5,600 |
| Cash from investing activities | −$114,212 | $149 | −$256,166 | −$1.3M | −$1.2M | −$448,882 | $291,943 | −$109,528 | −$470,879 | −$920,845 |
| Financing activities | ||||||||||
| Share repurchases & issuance (net) | — | — | — | — | $0 | −$3.9M | −$3.1M | −$1.3M | −$526,941 | −$2.1M |
| Net borrowing (repayment) | $2.1M | −$1.3M | −$5.7M | $4.0M | — | — | — | — | — | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $0 | $0 | $0 | $0 | $3.0M | $680,707 | $18,444 | $0 | $0 | $0 |
| Cash from financing activities | $2.1M | −$1.3M | −$5.7M | $4.0M | $3.0M | −$3.2M | −$3.0M | −$1.3M | −$526,941 | −$2.1M |
| Summary | ||||||||||
| Net change in cash | −$4.6M | $4.8M | −$400,767 | −$699,850 | −$2.6M | −$5.9M | $3.6M | $185,213 | $1.4M | $103,625 |
| Cash at end of period | $226,213 | $4.9M | $83,696 | $484,463 | $1.2M | $3.8M | $9.7M | $6.1M | $5.9M | $4.5M |
| Free cash flow | −$6.7M | $5.9M | $5.3M | −$4.7M | −$5.6M | −$2.7M | $6.3M | $1.5M | $1.9M | $2.2M |
| Free cash flow margin | −16.3% | 12.6% | 9.7% | −7.5% | −9.8% | −5.9% | 13.8% | 2.7% | 4.0% | 4.6% |
| Capex / revenue | 0.3% | 0.2% | 0.6% | 2.0% | 2.1% | 1.0% | 0.1% | 0.2% | 1.0% | 1.9% |
| Operating cash flow / net income | — | 8.35 | — | −2.96 | −1.28 | −0.80 | 3.00 | 0.54 | 0.88 | 1.48 |
| May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | Aug '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$814,330 | −$1.2M | −$3.9M | −$2.2M | −$649,634 | −$573,094 | −$658,717 | −$190,504 | $154,862 | −$534,145 | $1.3M | $290,221 |
| Depreciation & amortization | $60,408 | $62,235 | $77,610 | $80,228 | $80,008 | $81,229 | $81,066 | $84,517 | $79,406 | $91,040 | $97,903 | $98,345 |
| Stock-based compensation | $0 | — | — | $0 | $0 | — | — | $0 | $0 | $32,064 | $0 | $0 |
| Change in working capital | $4.2M | $654,288 | $2.8M | $629,919 | −$881,165 | −$2.0M | −$992,020 | $3.9M | −$47,700 | −$2.0M | $3.2M | $3.7M |
| Other non-cash items | −$200 | $776 | −$255,080 | $902,092 | −$165,695 | −$128,440 | −$207,805 | $33,719 | −$172,090 | $3,481 | $22,948 | $1,439 |
| Cash from operating activities | $3.5M | −$531,629 | −$1.3M | −$636,408 | −$1.6M | −$2.6M | −$1.8M | $3.8M | $14,478 | −$2.4M | $4.6M | $4.0M |
| Investing activities | ||||||||||||
| Capital expenditures | −$2 | −$1 | −$4 | −$21,628 | −$36,735 | −$19,349 | −$37,300 | −$3 | −$110,540 | −$1 | −$1 | −$8,231 |
| Investments (net) | — | — | — | — | −$36,735 | −$19,349 | −$36,500 | $4,040 | −$109,090 | $3,499 | $101,700 | $62,019 |
| Acquisitions & other investing | $202 | — | −$21,624 | — | $36,735 | $19,349 | $37,300 | $3 | $110,540 | $1 | $1 | $8,231 |
| Cash from investing activities | $200 | — | −$21,628 | — | −$36,735 | −$19,349 | −$36,500 | $4,040 | −$109,090 | $3,499 | $101,700 | $62,019 |
| Financing activities | ||||||||||||
| Net borrowing (repayment) | −$2.9M | $42,025 | $2.1M | −$320,470 | $2.4M | $0 | $0 | $0 | — | — | — | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$1.3M | −$6.7M |
| Cash from financing activities | −$2.9M | $42,025 | $2.1M | −$320,470 | $2.4M | $0 | $0 | $0 | $0 | $0 | −$1.3M | −$6.7M |
| Summary | ||||||||||||
| Net change in cash | $517,187 | −$489,604 | $810,005 | −$978,506 | $769,084 | −$2.6M | −$1.8M | $3.8M | −$94,612 | −$2.4M | $3.5M | −$2.6M |
| Cash at end of period | $1.1M | $546,614 | $1.0M | $226,213 | $1.2M | $435,635 | $3.0M | $4.9M | $1.1M | $1.1M | $3.6M | $83,696 |
| Free cash flow | $3.5M | −$531,630 | −$1.3M | −$658,036 | −$1.7M | −$2.6M | −$1.8M | $3.8M | −$96,062 | −$2.4M | $4.6M | $4.0M |
| Free cash flow margin | 35.2% | −5.0% | −15.3% | −6.3% | −13.1% | −28.8% | −19.6% | 28.7% | −0.6% | −29.3% | 47.2% | 27.6% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 0.2% | 0.3% | 0.2% | 0.4% | 0.0% | 0.7% | 0.0% | 0.0% | 0.1% |
| Operating cash flow / net income | — | — | — | — | — | — | — | — | 0.09 | — | 3.59 | 13.94 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
JCTC cash generation
In fiscal 2025 (ended August 31, 2025), Jewett-Cameron Trading generated -$6.6 million of cash from operations (down 209.7%) and spent $0.1 million on capital expenditures, leaving free cash flow of -$6.7 million, −16.3% of revenue. Cash and equivalents fell by $4.6 million over the year.
Related: JCTC income statement, JCTC balance sheet. See the JCTC stock overview for the latest quote and news.
JCTC cash flow FAQ
What is Jewett-Cameron Trading's free cash flow?
Jewett-Cameron Trading's free cash flow was -$6.7 million in fiscal 2025: -$6.6 million of operating cash flow minus $0.1 million of capital expenditures It was $5.9 million a year earlier..
How much cash does Jewett-Cameron Trading generate from operations?
Jewett-Cameron Trading generated -$6.6 million of cash from operating activities in fiscal 2025.
How much does Jewett-Cameron Trading spend on capital expenditures?
Jewett-Cameron Trading spent $0.1 million on capital expenditures in fiscal 2025, 0.3% of revenue, compared with $0.1 million the year before.