Reitmans Ord Shs V.RET

Net cash from Operations 2022

[nozzpack]

Q1.......$18 m
Q2.......$42 m
Q3.......$37 mi
Q4........$7 m ( excluding deferred tax

[nozzpack]

Correction ..net cash from operations for 2022 Q1.......$18 m Q2.......$76.5 m ( includes  $34.5 m one time payment of revolving Credit facility)  Q3.......$37 mi Q4........$7 m ( excluding deferred tax

[Dali812]

In Q4 they reported 54m in net cashflow (after changes in working capital) what amount of deferred tax are you using to get the 7mil, pls?

[splurge]

I agree with you. They reported $83.5 mln operating cash flow before income tax recovery (-$31.7). Before working capitol changes is Ali interesting way to look at it too. That would be $7.994 mln plus non recurring income tax recovery of $31.7 = $39.7.  That is amazing compared to most years from 2007 until now. Have not looked back farther. who could have expected a dividend after

[flamingogold]

"who could have expected a dividend after restructuring. It would be stupid" You nailed it sir. As I said before earnings, investors want it all and a cake with a cherry on top. These guys just emerged from near bankruptcy. Covid hangover lingers, recession risk rising, Saudii's tightening the taps, sticky inflation, madman Putin still on the loose... so many micro and macro events

[nozzpack]

Basically, the deferred tax credit and paid elimination of revolving....both one time items in 2022..cancel out each other . Which leaves $77.5 million in net cash flow added to the balance sheet in 2022. Thsts $1.65 per share in free cash added to the balance sheet in 2022. How many investments can do that and still be just $1 above its cash position and no debt .