Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Northland Power Inc (Ontario) T.NPI

Alternate Symbol(s):  NPIFF | T.NPI.PR.A | T.NPI.PR.B | NPICF

Northland Power Inc. is a Canada-based global power producer focused on helping the clean energy transition by producing electricity from clean renewable resources. The Company owns and manages a diversified generation mix, including onshore renewables, natural gas energy, as well as supplying energy through a regulated utility. Its facilities produce electricity from clean-burning natural gas and renewable resources such as wind and solar. The Company’s segments include offshore wind facilities, onshore renewable facilities, natural gas facilities, and utilities. The Company’s natural gas facilities use turbines to produce electricity. It owns or has an economic interest in approximately 3.4 GW (net 2.9 GW) of operating capacity. The Company also has an inventory of projects in construction and in various stages of development encompassing approximately 12 GW of potential capacity. It operates power infrastructure assets in Asia, Europe, Latin America, and North America.


TSX:NPI - Post by User

Post by Curiosity1011on Feb 23, 2023 10:11pm
290 Views
Post# 35302506

Free Cash Flow Declines Reason for Concern?

Free Cash Flow Declines Reason for Concern?Adjusted Free Cash Flow of $41 million for the three months ended December 31, 2022, was 78% or $141 million lower than the same quarter of 2021.

Adjusted Free Cash Flow per share (a non-IFRS measure) decreased in the fourth quarter to $0.16 from $0.80 in 2021 and increased on a full-year basis to $1.95 from $1.77 in 2021.

In 2023, management expects Adjusted Free Cash Flow to be in the range of $1.70 to $1.90 per share (decline or flat).

My question then is Q4 normally such a low cash flow quarter for NPI? Seems like a lot of one off expenses were paid for, which contributed to the decline. However the decline overall is concerning.

Overall sales, adjusted EBITDA and net income all increased however, which are positives.
I guess the market will tell us which of these metrics matters most tomorrow.

 

<< Previous
Bullboard Posts
Next >>