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Advantage Energy Ltd
TSX:AAV

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Advantage Energy Ltd
TSX:AAV
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Price: 11.04 CAD 0.36% Market Closed
Market Cap: CA$1.8B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
-24%
5Y
+213%
10Y
+162%
Investing Cash Flow
+
3Y
-53%
5Y
-120%
10Y
-51%
Financing Cash Flow
+
3Y
-
5Y
-31%
10Y
-63%

Cash Flow Statement
Advantage Energy Ltd

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Cash Flow Statement
Currency: CAD
Mar-2002 Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Operating Cash Flow
Net Income
13
12
13
12
25
45
49
39
27
16
12
24
24
40
54
75
87
84
67
50
34
15
(13)
(8)
(32)
(51)
89
(21)
22
(1)
(168)
(86)
(50)
39
101
59
6
(49)
(58)
(192)
(205)
(218)
(221)
(126)
(121)
(97)
(99)
(10)
(22)
3
27
105
130
97
87
29
44
3
5
(20)
18
84
91
132
88
42
12
17
4
14
(10)
(45)
(392)
(407)
(401)
(367)
(21)
16
97
532
558
762
763
443
457
243
228
136
126
112
67
33
(34)
76
85
Depreciation & Amortization
27
34
38
41
44
46
49
54
63
72
83
99
114
127
137
135
130
130
163
194
228
256
258
272
285
299
308
302
295
293
277
257
215
174
144
125
129
136
144
153
158
155
147
132
110
94
81
72
76
80
82
86
86
84
86
87
91
103
111
116
121
120
117
118
116
112
115
119
123
129
127
120
118
114
112
111
107
107
106
107
110
121
128
134
137
132
138
149
156
170
190
199
219
229
225
Change in Deffered Taxes
(12)
(13)
(22)
(16)
(15)
(26)
(18)
(18)
(23)
(13)
(16)
(16)
(14)
(13)
(10)
(11)
(9)
(23)
(19)
(37)
(51)
(36)
(19)
(25)
(31)
(52)
(40)
(11)
0
12
1
(11)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Stock-Based Compensation
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
1
1
1
1
0
0
0
1
2
4
8
11
14
15
13
12
13
13
12
12
9
7
7
7
7
7
5
3
2
2
2
3
3
3
3
3
3
3
6
7
7
7
8
8
8
8
8
9
9
8
9
6
7
8
8
8
7
7
7
7
7
6
6
6
4
2
7
1
2
5
4
5
7
7
Other Non-Cash Items
2
5
11
17
16
17
16
20
32
30
34
19
17
6
3
11
2
11
(2)
2
14
11
20
24
70
137
7
81
(3)
(41)
101
33
29
(28)
(44)
8
47
100
114
253
250
232
217
115
136
148
172
96
127
102
77
(4)
(58)
(38)
(33)
16
(2)
37
37
79
58
4
(8)
(61)
(22)
2
21
13
22
15
37
78
410
414
406
360
40
32
(9)
(405)
(381)
(453)
(428)
(63)
(93)
(8)
(14)
24
(4)
(13)
(17)
6
107
29
42
Cash Taxes Paid
1
1
2
1
1
1
1
1
1
1
1
1
2
2
2
3
3
2
2
2
2
1
2
2
2
2
2
2
2
2
2
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Cash Interest Paid
3
4
4
5
5
7
7
6
8
9
6
14
17
18
29
23
24
28
29
35
35
36
34
42
44
43
49
40
40
37
31
31
26
26
25
22
24
22
21
20
19
18
19
17
16
15
13
12
12
12
11
10
11
11
11
13
11
11
10
9
8
7
7
7
10
11
13
12
12
13
12
14
14
15
15
17
21
19
20
20
18
18
0
0
0
0
0
28
7
15
28
43
48
53
51
Change in Working Capital
(1)
(6)
(1)
(1)
(10)
(1)
(5)
(0)
(7)
(14)
(14)
(1)
2
(11)
(20)
(23)
(22)
(2)
24
20
15
(1)
(14)
(15)
(12)
(8)
11
23
20
17
4
(21)
(13)
3
7
31
13
2
(1)
4
23
6
(0)
(15)
7
(3)
(3)
7
(45)
(7)
6
(4)
25
5
(8)
(19)
(15)
(3)
(5)
1
(1)
(3)
14
(3)
7
11
(11)
1
(14)
0
4
3
(4)
(9)
(6)
(3)
6
10
(8)
(11)
(8)
(48)
(5)
(12)
(3)
12
(5)
14
7
26
12
(21)
(16)
(24)
(6)
Cash from Operating Activities
29
N/A
32
+11%
39
+21%
53
+36%
59
+12%
80
+36%
90
+12%
94
+4%
93
-2%
92
-1%
98
+6%
125
+28%
142
+14%
149
+5%
164
+10%
187
+14%
188
+1%
200
+7%
234
+17%
229
-2%
240
+5%
245
+2%
231
-6%
249
+8%
280
+12%
324
+16%
374
+15%
375
+0%
335
-11%
280
-16%
215
-23%
171
-21%
181
+6%
198
+9%
201
+2%
223
+11%
195
-12%
189
-3%
199
+5%
218
+10%
227
+4%
175
-23%
143
-18%
107
-25%
132
+23%
142
+7%
151
+7%
165
+9%
137
-17%
178
+30%
191
+8%
182
-5%
183
+0%
148
-19%
132
-11%
113
-14%
118
+4%
139
+18%
148
+6%
175
+18%
196
+12%
205
+5%
214
+4%
186
-13%
190
+2%
166
-12%
137
-17%
149
+9%
135
-10%
158
+17%
158
0%
156
-1%
132
-15%
113
-15%
111
-2%
101
-9%
132
+31%
164
+25%
186
+13%
223
+20%
281
+26%
381
+36%
457
+20%
502
+10%
499
-1%
380
-24%
347
-9%
323
-7%
286
-12%
295
+3%
251
-15%
218
-13%
275
+26%
311
+13%
346
+11%
Investing Cash Flow
Capital Expenditures
(29)
(34)
(46)
(51)
(46)
(65)
(67)
(78)
(94)
(92)
(277)
(289)
(291)
(290)
(109)
(103)
(92)
(97)
(127)
(160)
(201)
(199)
(182)
(165)
(169)
(165)
(208)
(263)
(249)
(243)
(210)
(169)
(176)
(221)
(213)
(240)
(254)
(232)
(224)
(235)
(239)
(257)
(248)
(202)
(177)
(134)
(132)
(147)
(137)
(162)
(198)
(225)
(267)
(256)
(250)
(192)
(144)
(140)
(126)
(127)
(133)
(138)
(184)
(228)
(265)
(275)
(237)
(214)
(188)
(177)
(174)
(174)
(179)
(197)
(172)
(159)
(129)
(104)
(130)
(138)
(180)
(240)
(245)
(242)
(282)
(266)
(284)
(283)
(246)
(227)
(232)
(303)
(341)
(363)
(391)
Other Items
(130)
(125)
(69)
(117)
(53)
(49)
(51)
(88)
(87)
(91)
(95)
(24)
(25)
(22)
(17)
7
5
(3)
9
6
11
10
(26)
(24)
(18)
(28)
9
16
13
6
257
263
260
350
85
70
63
(4)
(1)
1
(2)
(1)
10
14
15
46
26
16
106
79
89
97
4
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20
20
20
20
0
0
0
(28)
3
(20)
(9)
0
(30)
(456)
(453)
(395)
(385)
36
14
Cash from Investing Activities
(159)
N/A
(159)
N/A
(116)
+27%
(168)
-46%
(99)
+41%
(115)
-16%
(118)
-3%
(166)
-40%
(182)
-10%
(184)
-1%
(372)
-103%
(313)
+16%
(316)
-1%
(312)
+1%
(126)
+60%
(97)
+23%
(86)
+11%
(100)
-16%
(118)
-18%
(154)
-31%
(191)
-24%
(189)
+1%
(208)
-10%
(189)
+9%
(187)
+1%
(193)
-3%
(199)
-3%
(247)
-24%
(236)
+5%
(237)
0%
46
N/A
94
+103%
84
-11%
129
+53%
(129)
N/A
(170)
-32%
(190)
-12%
(235)
-24%
(225)
+4%
(234)
-4%
(241)
-3%
(258)
-7%
(238)
+8%
(188)
+21%
(162)
+14%
(88)
+46%
(106)
-21%
(131)
-23%
(31)
+77%
(83)
-170%
(109)
-32%
(129)
-18%
(263)
-104%
(256)
+2%
(250)
+3%
(192)
+23%
(144)
+25%
(140)
+2%
(126)
+10%
(127)
-1%
(133)
-4%
(138)
-3%
(184)
-34%
(228)
-24%
(265)
-16%
(275)
-4%
(237)
+14%
(214)
+10%
(188)
+12%
(177)
+6%
(174)
+2%
(174)
+0%
(179)
-3%
(197)
-10%
(172)
+13%
(159)
+8%
(109)
+32%
(84)
+22%
(110)
-30%
(118)
-7%
(180)
-53%
(240)
-33%
(245)
-2%
(270)
-10%
(278)
-3%
(286)
-3%
(293)
-2%
(283)
+3%
(277)
+2%
(682)
-147%
(685)
0%
(698)
-2%
(726)
-4%
(327)
+55%
(377)
-15%
Financing Cash Flow
Net Issuance of Common Stock
102
0
121
18
18
0
(0)
76
77
77
139
63
170
170
108
108
(0)
1
153
170
286
274
121
104
(12)
1
1
1
1
0
97
97
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(47)
(129)
(241)
(288)
(256)
(189)
(117)
(91)
(15)
1
40
59
(6)
(7)
Net Issuance of Debt
56
66
16
144
91
95
103
75
102
111
235
239
135
143
19
(22)
75
74
(73)
(32)
(115)
(126)
38
6
78
41
(8)
33
45
61
(293)
(339)
(360)
(414)
(57)
(31)
20
69
50
42
43
40
55
112
57
45
55
(7)
(80)
(74)
(69)
(44)
91
120
129
91
36
12
(12)
(39)
(55)
(60)
(23)
56
90
117
103
62
53
20
16
24
40
84
(35)
(49)
(91)
(136)
(50)
(83)
(127)
(96)
(58)
32
72
120
122
47
93
419
405
441
421
80
51
Cash Paid for Dividends
(30)
(40)
(41)
(46)
(51)
(61)
(72)
(80)
(89)
(96)
(102)
(114)
(131)
(150)
(165)
(175)
(177)
(175)
(195)
(213)
(221)
(203)
(183)
(171)
(159)
(172)
(169)
(162)
(145)
(105)
(65)
(24)
0
0
0
0
0
(1)
(4)
(6)
(9)
(11)
(12)
(13)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other
0
18
0
0
0
(0)
(3)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
(2)
(10)
(16)
(22)
(25)
(22)
(21)
(20)
(19)
53
53
(17)
(16)
(91)
(97)
(27)
(26)
(22)
(13)
(10)
(11)
(11)
(11)
(13)
(11)
(11)
(10)
(9)
(8)
(7)
(7)
(7)
0
0
0
2
0
0
0
0
0
0
98
97
96
0
(2)
0
0
0
0
0
0
0
0
0
(1)
0
0
0
0
2
0
Cash from Financing Activities
129
N/A
128
-1%
77
-39%
116
+50%
40
-66%
35
-13%
28
-19%
71
+155%
89
+25%
92
+3%
275
+199%
188
-32%
174
-7%
163
-6%
(38)
N/A
(90)
-135%
(102)
-13%
(100)
+1%
(116)
-16%
(75)
+35%
(49)
+35%
(56)
-13%
(24)
+58%
(60)
-156%
(93)
-55%
(131)
-40%
(176)
-34%
(128)
+27%
(99)
+22%
(43)
+56%
(262)
-506%
(265)
-1%
(265)
0%
(327)
-23%
(73)
+78%
(53)
+28%
(5)
+91%
46
N/A
26
-45%
16
-39%
15
-6%
83
+470%
95
+15%
81
-15%
30
-63%
(54)
N/A
(45)
+16%
(34)
+24%
(106)
-209%
(95)
+10%
(82)
+13%
(54)
+35%
80
N/A
109
+36%
118
+8%
78
-34%
25
-67%
1
-96%
(22)
N/A
(48)
-116%
(63)
-32%
(67)
-7%
(30)
+56%
49
N/A
84
+72%
112
+33%
103
-9%
64
-38%
55
-14%
22
-60%
16
-27%
24
+53%
40
+64%
84
+110%
63
-25%
48
-24%
6
-88%
(39)
N/A
(51)
-29%
(83)
-64%
(127)
-52%
(143)
-13%
(187)
-31%
(209)
-12%
(217)
-4%
(135)
+38%
(68)
+50%
(70)
-4%
(0)
+100%
404
N/A
406
+1%
481
+18%
481
0%
75
-84%
43
-42%
Change in Cash
Net Change in Cash
(1)
N/A
1
N/A
1
-20%
1
+13%
(0)
N/A
0
N/A
(0)
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
(0)
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
(0)
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
(0)
N/A
0
N/A
0
N/A
0
N/A
0
N/A
(0)
N/A
(0)
+50%
(0)
N/A
0
N/A
0
N/A
0
N/A
(0)
N/A
(0)
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
7
+6 800%
9
+26%
4
-55%
4
-8%
(1)
N/A
2
N/A
3
+79%
(0)
N/A
7
N/A
(7)
N/A
(1)
+91%
2
N/A
(10)
N/A
29
N/A
40
+41%
25
-38%
22
-12%
(26)
N/A
(1)
+95%
25
N/A
24
-5%
4
-82%
(42)
N/A
(14)
+66%
(30)
-112%
9
N/A
16
+75%
(28)
N/A
1
N/A
30
+3 261%
59
+98%
12
-79%
Free Cash Flow
Free Cash Flow
0
N/A
(2)
N/A
(7)
-238%
2
N/A
13
+767%
15
+15%
23
+54%
17
-29%
(2)
N/A
(1)
+72%
(180)
-35 800%
(163)
+9%
(149)
+9%
(141)
+5%
55
N/A
83
+52%
96
+16%
103
+7%
107
+4%
69
-35%
39
-45%
46
+19%
50
+8%
84
+70%
111
+32%
159
+43%
166
+5%
112
-33%
86
-23%
37
-57%
5
-86%
2
-64%
5
+189%
(23)
N/A
(12)
+47%
(17)
-40%
(58)
-246%
(43)
+27%
(25)
+42%
(17)
+33%
(13)
+23%
(82)
-541%
(104)
-27%
(95)
+9%
(45)
+52%
8
N/A
20
+157%
19
-5%
(0)
N/A
16
N/A
(7)
N/A
(43)
-562%
(84)
-96%
(109)
-29%
(118)
-8%
(78)
+34%
(26)
+67%
(1)
+96%
22
N/A
48
+116%
63
+32%
67
+7%
30
-56%
(42)
N/A
(76)
-80%
(109)
-44%
(99)
+9%
(65)
+35%
(53)
+18%
(19)
+65%
(16)
+12%
(18)
-7%
(47)
-167%
(84)
-80%
(61)
+27%
(58)
+5%
3
N/A
60
+1 892%
56
-7%
85
+53%
101
+18%
141
+40%
212
+50%
261
+23%
218
-16%
114
-48%
63
-45%
41
-35%
40
-2%
68
+72%
19
-72%
(86)
N/A
(66)
+23%
(52)
+21%
(45)
+14%

See Also

Summary
AAV intrinsic value, competitors valuation, and company profile.
DCF Valuation
AAV stock valuation using Discount Cash Flow valuation method.
Relative Valuation
AAV stock valuation using valuation multiples.
Wall Street Estimates
AAV price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
AAV stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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