Metals X Cash Flow Statement

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

Millions AUD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022
Net Income	104.61	102.35	14.59	144.5	183.89
Depreciation & Amortization	25.98	23.06	13.99	5.69	13.18
Loss (Gain) From Sale of Assets	-	-0.02	-0.07	-	-
Loss (Gain) From Sale of Investments	-5.69	-20.18	21.24	2.01	-5.29
Loss (Gain) on Equity Investments	1.81	0.88	0.96	-	-
Stock-Based Compensation	-	-	-	-	-0.02
Other Operating Activities	34.35	23.72	14.69	-39.01	-42.48
Change in Accounts Receivable	-25.32	6.73	0.2	-5.25	13.37
Change in Inventory	7.85	-8.87	-5.97	0.59	-3.04
Change in Accounts Payable	-3.91	5.32	3.29	-6.3	-2.17
Change in Unearned Revenue	-11.93	11.93	-	-	-
Change in Other Net Operating Assets	0.59	-1.35	1.94	0.84	0.12
Operating Cash Flow	128.32	143.57	64.86	103.06	150
Operating Cash Flow Growth	-10.62%	121.35%	-37.07%	-31.29%	3305.90%
Capital Expenditures	-37.35	-40.94	-34.93	-39.55	-36.77
Sale of Property, Plant & Equipment	0.03	0.02	0.07	0.04	0.04
Divestitures	-	-	-	-	11
Investment in Securities	-9.41	-13.04	2.21	5.95	1.9
Other Investing Activities	-5.77	-1.49	-	-	-
Investing Cash Flow	-52.49	-55.45	-32.65	-33.56	-23.83
Long-Term Debt Repaid	-2.87	-2.2	-3.1	-	-17.39
Total Debt Repaid	-2.87	-2.2	-3.1	-1.92	-17.39
Net Debt Issued (Repaid)	-2.87	-2.2	-3.1	-1.92	-17.39
Repurchase of Common Stock	-	-8.31	-	-	-
Financing Cash Flow	-2.87	-10.51	-3.1	-1.92	-17.39
Net Cash Flow	72.96	77.6	29.11	67.58	108.78
Free Cash Flow	90.97	102.63	29.93	63.51	113.22
Free Cash Flow Growth	-11.36%	242.86%	-52.87%	-43.91%	-
Free Cash Flow Margin	31.92%	46.90%	19.46%	33.80%	49.47%
Free Cash Flow Per Share	0.10	0.11	0.03	0.07	0.13
Cash Interest Paid	0.45	0.31	0.34	0.2	0.54
Levered Free Cash Flow	53.95	56.99	13.48	-	65.09
Unlevered Free Cash Flow	54.23	57.18	13.95	-	65.43
Change in Working Capital	-32.73	13.76	-0.53	-10.13	8.28

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