PowerBank Corporation (PBK) Cash Flow Statement
Where PBK’s cash came from and went, FY2025
June 30, 2025 · Canadian dollars- Cash from operations
- −C$17.3M −304.4% vs FY2024
- Capital expenditures
- C$0 0.0% of revenue
- Free cash flow
- −C$17.3M −41.6% margin
- Returned to shareholders
- —
- Change in cash
- C$4.5M cash at year-end C$9.8M
Cash from operations
−C$17.3M
Acquisitions & other
−C$4.3M
Other financing
+C$24.2M
Currency & other
+C$1.9M
Change in cash
C$4.5M
Drawn to scale: where the cash came from and how it was used. Hover for values.
PBK operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
PBK cash flow trends, FY2021–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −C$2.7MFY2021 | −C$17.3MFY2025 | — | |
| Capital expenditures | C$3,187FY2021 | C$0FY2025 | −100.0% | |
| Free cash flow | −C$2.7MFY2021 | −C$17.3MFY2025 | — | |
| Free cash flow margin | −36.6%FY2021 | −41.6%FY2025 | −5.0 pts | |
| Stock-based compensation | C$0FY2022 | C$860,000FY2024 | — | |
| Capex / revenue | 0.0%FY2021 | 0.0%FY2025 | 0.0 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PBK cash flow by activity
OperatingInvestingFinancingChange in cash
PBK 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).
PBK cash flow statement in Canadian dollars
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating activities | |||||
| Net income | −C$31.2M | −C$3.6M | C$2.2M | −C$188,393 | −C$131,866 |
| Depreciation & amortization | C$5.1M | C$410,000 | C$49,209 | C$25,782 | C$9,296 |
| Stock-based compensation | — | C$860,000 | C$2.9M | C$0 | — |
| Change in working capital | −C$10.7M | C$4.1M | −C$4.1M | C$156,382 | −C$2.7M |
| Other non-cash items | C$19.4M | C$6.7M | C$1.2M | C$177,441 | C$167,533 |
| Cash from operating activities | −C$17.3M | C$8.5M | C$2.4M | C$171,212 | −C$2.7M |
| Investing activities | |||||
| Capital expenditures | C$0 | −C$7.7M | −C$1.1M | −C$10,970 | −C$3,187 |
| Investments (net) | — | C$3.2M | −C$7.3M | — | — |
| Acquisitions & other investing | −C$4.3M | −C$94,000 | C$400 | C$0 | −C$2 |
| Cash from investing activities | −C$4.3M | −C$4.7M | −C$8.4M | −C$10,970 | −C$3,189 |
| Financing activities | |||||
| Net borrowing (repayment) | — | C$624,000 | C$195,562 | −C$679,271 | — |
| Shares issued | C$0 | C$104,000 | C$5.6M | C$0 | C$0 |
| Other financing | C$24.2M | C$0 | C$0 | C$0 | C$2.3M |
| Cash from financing activities | C$24.2M | C$728,000 | C$5.8M | −C$679,271 | C$2.3M |
| Summary | |||||
| Net change in cash | C$4.5M | C$4.5M | −C$182,550 | −C$468,096 | C$1.4M |
| Cash at end of period | C$9.8M | C$5.3M | C$749,427 | C$931,977 | C$1.4M |
| Free cash flow | −C$17.3M | C$753,000 | C$1.3M | C$160,242 | −C$2.7M |
| Free cash flow margin | −41.6% | 1.3% | 6.9% | 1.6% | −36.6% |
| Capex / revenue | 0.0% | 13.2% | 6.1% | 0.1% | 0.0% |
| Operating cash flow / net income | — | — | 1.07 | — | — |
| Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −C$5.5M | −C$7.7M | C$1.0M | C$2.2M | −C$6.5M | −C$1.7M | −C$26.5M | −C$9.1M | C$3.5M | C$39,874 | C$2.0M | −C$1.2M |
| Depreciation & amortization | C$1.1M | C$1.5M | C$1.4M | C$499,934 | C$1.3M | C$1.3M | C$1.3M | C$291,087 | C$47,451 | C$49,322 | C$21,908 | C$13,016 |
| Stock-based compensation | — | — | C$948,000 | — | C$846,000 | C$43,000 | C$113,000 | — | — | — | — | — |
| Change in working capital | −C$12.1M | C$7.2M | −C$1.7M | −C$13.3M | −C$4.6M | −C$7.8M | C$8.3M | C$1.8M | −C$15.9M | C$26.1M | −C$1.9M | −C$2.4M |
| Other non-cash items | C$14,920 | C$1.8M | C$696,000 | −C$3.9M | C$5.2M | −C$350,000 | C$24.2M | C$4.5M | −C$3.5M | −C$63 | C$412,588 | C$1.1M |
| Cash from operating activities | −C$16.4M | C$2.7M | C$2.3M | −C$14.5M | −C$3.9M | −C$8.5M | C$7.4M | −C$2.4M | −C$15.9M | C$26.2M | C$552,409 | −C$2.5M |
| Investing activities | ||||||||||||
| Capital expenditures | C$0 | C$0 | −C$4.5M | C$0 | −C$1.9M | −C$4.4M | −C$6.7M | C$0 | −C$4 | −C$42,908 | −C$4 | −C$950,146 |
| Investments (net) | — | — | C$390,000 | — | C$250,000 | C$570,000 | — | — | — | — | — | — |
| Acquisitions & other investing | −C$661,705 | C$1.8M | −C$2.7M | −C$3.9M | C$2.9M | C$213,000 | C$2.6M | C$417,619 | −C$3.2M | −C$1.1M | −C$707,765 | −C$834,756 |
| Cash from investing activities | −C$661,705 | C$1.8M | −C$6.9M | −C$3.9M | C$1.2M | −C$3.6M | −C$4.1M | C$417,619 | −C$3.2M | −C$1.1M | −C$707,769 | −C$1.8M |
| Financing activities | ||||||||||||
| Dividends paid | — | −C$1,997 | −C$4,000 | — | C$0 | C$0 | — | — | — | — | — | — |
| Net borrowing (repayment) | — | — | −C$1.9M | — | −C$347,000 | C$11.3M | — | — | — | — | — | — |
| Shares issued | C$0 | C$0 | C$2.6M | C$0 | C$9.6M | C$315,000 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 |
| Other financing | C$15.6M | C$4.9M | C$0 | C$2.1M | C$4.6M | C$39,000 | −C$1.6M | C$1.0M | −C$117,962 | −C$213,027 | C$20,581 | −C$270,626 |
| Cash from financing activities | C$15.6M | C$4.9M | C$629,000 | C$2.1M | C$13.8M | C$11.7M | −C$1.6M | C$1.0M | −C$117,962 | −C$213,027 | C$20,581 | −C$270,626 |
| Summary | ||||||||||||
| Net change in cash | −C$2.6M | C$7.4M | −C$4.0M | −C$13.0M | C$11.0M | −C$274,000 | C$1.7M | −C$882,632 | −C$19.4M | C$24.3M | −C$146,443 | −C$4.8M |
| Cash at end of period | C$13.3M | C$15.6M | C$3.6M | C$9.8M | C$17.7M | C$6.7M | C$7.0M | C$5.3M | C$6.1M | C$24.9M | C$619,193 | C$748,977 |
| Free cash flow | −C$16.4M | C$2.7M | −C$2.2M | −C$14.5M | −C$3.8M | −C$12.9M | C$760,000 | −C$2.4M | −C$15.9M | C$26.1M | C$552,413 | −C$3.4M |
| Free cash flow margin | — | 86.6% | −11.6% | −85.9% | −81.4% | −312.3% | 5.1% | −30.5% | −65.7% | 140.2% | 7.2% | −36.9% |
| Capex / revenue | — | 0.0% | 23.7% | 0.0% | 41.2% | 105.7% | 44.3% | 0.0% | 0.0% | 0.2% | 0.0% | 10.3% |
| Operating cash flow / net income | — | — | 2.28 | −6.52 | — | — | — | — | −4.50 | 656.89 | 0.27 | — |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported; data from EODHD.
PBK cash generation
In fiscal 2025 (ended June 30, 2025), PowerBank generated -C$17.3 million of cash from operations (down 304.4%) and spent C$0 on capital expenditures, leaving free cash flow of -C$17.3 million, −41.6% of revenue. Cash and equivalents rose by C$4.5 million over the year.
Related: PBK income statement, PBK balance sheet. See the PBK stock overview for the latest quote and news.
PBK cash flow FAQ
What is PowerBank's free cash flow?
PowerBank's free cash flow was -C$17.3 million in fiscal 2025: -C$17.3 million of operating cash flow minus C$0 of capital expenditures It was C$0.8 million a year earlier..
How much cash does PowerBank generate from operations?
PowerBank generated -C$17.3 million of cash from operating activities in fiscal 2025.