True North Copper Limited (ASX:TNC)

True North Copper Cash Flow Statement

Financials in millions AUD. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Net Income	-28.42	-25.06	-34.05	-4.05
Depreciation & Amortization	6.05	0.27	0.14	-
Loss (Gain) From Sale of Assets	-	-	-0.1	-
Asset Writedown & Restructuring Costs	8.48	-	-	-
Stock-Based Compensation	0.87	1.23	0.05	-
Provision & Write-off of Bad Debts	-0.24	-	0.24	-
Other Operating Activities	-9.19	1.24	27.07	-
Change in Accounts Receivable	0.66	1.1	-1.48	-0.56
Change in Inventory	0.13	-0.36	-	-
Change in Accounts Payable	1.72	-2.79	4.07	0.56
Change in Other Net Operating Assets	0.52	0.46	-1.25	-0.57
Operating Cash Flow	-19.43	-23.9	-5.3	-4.62
Capital Expenditures	-3.49	-10.93	-8.91	-1.09
Cash Acquisitions	-1.88	-17.45	-29.25	-
Investment in Securities	0.01	-	-	-
Other Investing Activities	0.01	-	-	-
Investing Cash Flow	-5.35	-28.37	-38.16	-1.09
Short-Term Debt Issued	1.3	37.95	8.04	-
Total Debt Issued	1.3	37.95	8.04	5.77
Short-Term Debt Repaid	-29.9	-7.49	-6	-
Long-Term Debt Repaid	-	-0.08	-0.04	-
Total Debt Repaid	-29.9	-7.57	-6.04	-
Net Debt Issued (Repaid)	-28.61	30.38	1.99	5.77
Issuance of Common Stock	53.14	35.92	47.35	0
Other Financing Activities	-2.42	-2.08	-2.44	-
Financing Cash Flow	22.11	64.22	46.9	5.77
Miscellaneous Cash Flow Adjustments	-	0.04	-	-
Net Cash Flow	-2.67	11.99	3.44	0.06
Free Cash Flow	-22.91	-34.82	-14.21	-5.71
Free Cash Flow Margin	-3445.71%	-1459.35%	-949.90%	-
Free Cash Flow Per Share	-0.34	-6.20	-7.73	-5.71
Cash Interest Paid	1.19	2.77	0.02	0.01
Levered Free Cash Flow	-37.46	-16.59	0.79	-
Unlevered Free Cash Flow	-33.54	-14.65	0.86	-
Change in Working Capital	3.03	-1.58	1.34	-0.57

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