Cornish Metals Cash Flow Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Net Income	-12.04	-1.07	-2.96	-1.22	-2.91	-1.6
Depreciation & Amortization	-	-	-	0	0.02	0.08
Other Amortization	-	-	-	-	0.01	0.01
Loss (Gain) From Sale of Assets	-	-4.68	0	-0.32	0	-
Asset Writedown & Restructuring Costs	-	-1.5	-	-	-	-
Loss (Gain) From Sale of Investments	1.98	0.12	0.13	-0.75	-0.45	-0.39
Stock-Based Compensation	0.48	0.38	0.22	-	0.08	0.3
Other Operating Activities	1.82	1.85	-0.45	-0.74	0.36	0.29
Change in Accounts Receivable	-1.24	0.68	-0.5	-0.55	-0.08	-0
Change in Accounts Payable	-0.51	-0.43	0.8	0.07	0.02	0.01
Change in Other Net Operating Assets	0.03	0.19	-0.22	-0.1	-0.14	0.02
Operating Cash Flow	-9.49	-4.46	-2.98	-3.61	-3.09	-1.26
Capital Expenditures	-36.12	-29.3	-30.69	-10.31	-3.99	-1.65
Sale of Property, Plant & Equipment	2.04	4.1	-	-	-	-
Investment in Securities	-	-	-	-	0	-
Other Investing Activities	0.21	0.26	-0.03	-0.01	-0.01	-
Investing Cash Flow	-33.88	-24.94	-30.73	-10.32	-3.99	-1.65
Long-Term Debt Issued	-	12.31	-	-	-	-
Long-Term Debt Repaid	-	-	-	-0	-0.03	-0.09
Total Debt Repaid	-	-	-0	-0	-0.03	-0.09
Net Debt Issued (Repaid)	12.31	12.31	-0	-0	-0.03	-0.09
Issuance of Common Stock	91.65	-	-	65.56	15.38	2.5
Other Financing Activities	-4.1	-0.27	-0.03	-3.9	-1.39	-0.44
Financing Cash Flow	99.86	12.04	-0.03	61.66	13.96	1.97
Foreign Exchange Rate Adjustments	0.9	1.16	1.34	0.84	-0.32	-0.01
Net Cash Flow	57.39	-16.2	-32.4	48.57	6.57	-0.95
Free Cash Flow	-45.62	-33.76	-33.67	-13.91	-7.07	-2.91
Free Cash Flow Per Share	-0.49	-0.63	-0.63	-0.30	-0.26	-0.21
Cash Income Tax Paid	-	-2.99	-0.16	-	-	-
Levered Free Cash Flow	-	-37.57	-	-17.21	0.6	-2.96
Unlevered Free Cash Flow	-	-37.25	-	-17.21	0.61	-2.78
Change in Working Capital	-1.73	0.44	0.08	-0.58	-0.2	0.03

Source: S&P Global Market Intelligence. Standard template. Financial Sources.