Tactical Resources Corp. (TREO) Cash Flow Statement
Where TREO’s cash came from and went, FY2025
July 31, 2025 · Canadian dollars- Cash from operations
- −C$455,158
- Capital expenditures
- C$0
- Free cash flow
- −C$455,158
- Returned to shareholders
- —
- Change in cash
- C$19,191 cash at year-end C$64,306
Drawn to scale: where the cash came from and how it was used. Hover for values.
TREO operating cash flow, capex and free cash flow
TREO cash flow trends, FY2022–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −C$2.9MFY2022 | −C$455,158FY2025 | — | |
| Capital expenditures | C$52,216FY2022 | C$0FY2025 | −100.0% | |
| Free cash flow | −C$3.0MFY2022 | −C$455,158FY2025 | — | |
| Stock-based compensation | C$1.1MFY2022 | C$1.6MFY2025 | +14.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
TREO cash flow by activity
TREO net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
TREO cash flow statement in Canadian dollars
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Operating activities | ||||
| Net income | −C$6.6M | −C$3.6M | −C$2.6M | −C$4.1M |
| Depreciation & amortization | C$487 | C$2,652 | C$2,653 | C$2,664 |
| Stock-based compensation | C$1.6M | C$283,595 | C$19,850 | C$1.1M |
| Change in working capital | C$4.4M | C$2.1M | C$598,393 | −C$402,391 |
| Other non-cash items | C$128,635 | −C$15,805 | C$226,397 | C$520,729 |
| Cash from operating activities | −C$455,158 | −C$1.3M | −C$1.8M | −C$2.9M |
| Investing activities | ||||
| Capital expenditures | C$0 | C$0 | C$0 | −C$52,216 |
| Financing activities | ||||
| Net borrowing (repayment) | C$500,000 | C$200,000 | C$0 | — |
| Shares issued | C$0 | C$0 | C$648,496 | C$657,223 |
| Other financing | −C$25,651 | −C$13,996 | C$0 | C$175,058 |
| Cash from financing activities | C$474,349 | C$186,004 | C$648,496 | C$832,281 |
| Summary | ||||
| Net change in cash | C$19,191 | −C$1.1M | −C$1.2M | −C$2.3M |
| Cash at end of period | C$64,306 | C$45,115 | C$1.1M | C$2.3M |
| Free cash flow | −C$455,158 | −C$1.3M | −C$1.8M | −C$3.0M |
| Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | |
|---|---|---|---|---|---|
| Operating activities | |||||
| Net income | −C$721,740 | −C$688,578 | −C$1.0M | −C$1.0M | −C$577,530 |
| Depreciation & amortization | C$0 | C$0 | C$0 | C$0 | C$0 |
| Stock-based compensation | C$0 | C$0 | C$0 | C$49,240 | C$110,000 |
| Change in working capital | C$69,428 | C$374,488 | C$985,931 | C$756,558 | C$258,243 |
| Other non-cash items | C$258,718 | −C$18,500 | C$48,679 | C$33,626 | C$44,107 |
| Cash from operating activities | −C$393,594 | −C$332,590 | −C$13,458 | −C$203,784 | −C$165,180 |
| Investing activities | |||||
| Capital expenditures | C$0 | C$0 | C$0 | C$0 | C$0 |
| Financing activities | |||||
| Net borrowing (repayment) | C$0 | — | — | C$25,651 | C$0 |
| Shares issued | C$0 | C$0 | C$0 | C$0 | C$0 |
| Other financing | C$41,000 | C$1.4M | C$94,500 | −C$25,651 | C$0 |
| Cash from financing activities | C$41,000 | C$1.4M | C$94,500 | C$0 | C$0 |
| Summary | |||||
| Net change in cash | −C$352,594 | C$1.1M | C$14,267 | −C$203,784 | −C$165,180 |
| Cash at end of period | C$833,858 | C$1.2M | C$78,573 | C$64,306 | C$268,090 |
| Free cash flow | −C$393,594 | −C$332,590 | −C$13,458 | −C$203,784 | −C$165,180 |
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.
TREO cash generation
In fiscal 2025 (ended July 31, 2025), Tactical Resources Corp. generated -C$0.5 million of cash from operations and spent C$0 on capital expenditures, leaving free cash flow of -C$0.5 million. Cash and equivalents rose by C$0.0 million over the year.
Related: TREO income statement, TREO balance sheet. See the TREO stock overview for the latest quote and news.
TREO cash flow FAQ
What is Tactical Resources Corp.'s free cash flow?
Tactical Resources Corp.'s free cash flow was -C$0.5 million in fiscal 2025: -C$0.5 million of operating cash flow minus C$0 of capital expenditures It was -C$1.3 million a year earlier..
How much cash does Tactical Resources Corp. generate from operations?
Tactical Resources Corp. generated -C$0.5 million of cash from operating activities in fiscal 2025.