Companies: 10,795·Total market cap: $144.5T
Stingray Group Inc.

Stingray Group Inc.

RAY-A.TOTSXCommunication Services
$16.96
+$0.09(+0.53%)
Market Cap$1.2B
P/E Ratio—
52W High$18
52W Low$7.35
Free Cash FlowFinancialsRevenue

Stingray Group Inc. (RAY-A.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

RAY-A.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $90.0M for FY2025 (fiscal year ending 2025-03-31), down 13.9% year-over-year The FCF margin was 23.3%. Five-year CAGR stands at +4.0%.

FY2025 Free Cash Flow$90.0M▼ -13.9% YoY
Trailing 12M (TTM)$102.6Mtrailing 4 quarters sum
FCF Margin23.3%$90.0M ÷ revenue
3-Year CAGR+10.5%FY2022 → FY2025
5-Year CAGR+4.0%FY2020 → FY2025
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
ray-a.to free cash flow history · ray-a.to free cash flow chart · ray-a.to free cash flow growth rate · ray-a.to free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$90.0M▼ 13.9%23.3%
FY2024$104.5M▲ +46.1%30.3%
FY2023$71.5M▲ +7.3%22.1%
FY2022$66.6M▼ 26.6%23.6%
FY2021$90.8M▲ +23.1%36.4%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
ray-a.to free cash flow 2025 · ray-a.to free cash flow 2024 · ray-a.to free cash flow 2023 · ray-a.to operating cash flow

FCF valuation metrics

Stingray Group Inc. (RAY-A.TO) trades at a FCF yield of 10.32% and a price-to-free-cash-flow ratio of 11.3x. FCF per share stands at $1.50, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
10.32%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$1.50
TTM FCF ÷ Shares Outstanding
Price / FCF
x11.3
Share Price ÷ FCF per Share
EV / FCF (TTM)
x14.8
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-03-31
ray-a.to price to free cash flow · ray-a.to free cash flow yield · ray-a.to free cash flow per share · ray-a.to price to cash flow ratio

Cash flow statement summary

For FY2025, Stingray Group Inc. generated $105.0M in operating cash flow and spent 15M in capital expenditures, yielding $90.0M in free cash flow.

Operating Activities
+$105.0M
Cash from core business operations
2025-03-31
Investing Activities
−$17.4M
CapEx, acquisitions & investments
2025-03-31
Financing Activities
−$83.4M
Buybacks, dividends & debt
2025-03-31
FCF FormulaOperating CF ($105.0M) − |CapEx| (15M) = FCF ($90.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
ray-a.to cash flow statement · ray-a.to cash flow statement 2025 · ray-a.to operating cash flow · ray-a.to cash flow from operations

Free cash flow vs peers (Communication Services)

#CompanyFree Cash FlowYoY
#1
Stingray Group Inc.
Stingray Group Inc.YOU
RAY-A.TO
$90.0M-13.9%
#2
Alphabet Inc.
Alphabet Inc.
GOOGL
$73.27B+0.7%#3
Alphabet Inc.
Alphabet Inc.
GOOG
$73.27B+0.7%#4
Meta Platforms, Inc.
Meta Platforms, Inc.
META
$46.11B-14.7%#5
Verizon Communications, 5.9% 15 Feb 2054
Verizon Communications, 5.9% 15 Feb 2054
VZA
$19.68B+4.0%#6
Netflix, Inc.
Netflix, Inc.
NFLX
$9.46B+36.7%
Communication Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Stingray Group Inc. (RAY-A.TO) reported free cash flow of $90.0M for FY2025 (fiscal year ending 2025-03-31), down 13.9% year-over-year. The FCF margin was 23.3%.

Based on available data, Stingray Group Inc. has maintained positive free cash flow for at least 13 fiscal year(s). FCF peaked at $104.5M in FY2024. The 5-year CAGR stands at +4.0%.

Stingray Group Inc.'s FCF yield is 10.32% and price-to-FCF ratio is 11.3x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

RAY-A.TO free cash flow · 8 questions

Stingray Group Inc. free cash flow was $90.0M for FY2025, down 13.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $102.6M.

RAY-A.TO free cash flowRAY-A.TO FCFRAY-A.TO FCF 2025RAY-A.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Stingray Group Inc. · Stingray Group Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026