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  5. FSZ: I enquired about FSZ operating free cash flow and you mentioned adjustments made by Bloomberg to lower the OCF. [Fiera Capital Corporation Class A Subordinate Voting Shares]
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Q: I enquired about FSZ operating free cash flow and you mentioned adjustments made by Bloomberg to lower the OCF. Any ideas what those adjustments might be?

Thx
Asked by blake on August 22, 2024
5i Research Answer:

Bloomberg does not actually highlight its adjustments but they are typically related to working capital items (short term balance sheet items) that it excludes from operating cash flow.