Evolve Royalties Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-0.37	-1.52	-0.8	-0.04
Depreciation & Amortization	0.97	0.95	0.21	-
Other Amortization	0.04	0.13	0.23	-
Loss (Gain) From Sale of Investments	-0.62	-0.16	-	-
Stock-Based Compensation	0.34	0.32	0.04	-
Other Operating Activities	-0.72	-0.03	0	-
Change in Accounts Payable	1.12	1.32	0.12	0.04
Change in Other Net Operating Assets	-0.12	-0.03	-0.1	-
Operating Cash Flow	0.64	0.98	-0.3	-0
Capital Expenditures	-	-1	-23.2	-
Investment in Securities	-2.67	-1.73	-	-
Investing Cash Flow	-2.67	-2.73	-23.2	-
Issuance of Common Stock	37.64	37.64	28.42	0.58
Other Financing Activities	-2.66	-2.91	-1.17	-
Financing Cash Flow	34.98	34.73	27.24	0.58
Net Cash Flow	33.49	32.98	3.75	0.58
Free Cash Flow	0.64	-0.02	-23.49	-0
Free Cash Flow Margin	42.40%	-1.61%	-6712.60%	-
Free Cash Flow Per Share	0.02	-0.00	-1.18	-
Levered Free Cash Flow	-	0.91	-23.11	-
Unlevered Free Cash Flow	-	0.86	-23.19	-
Change in Working Capital	1	1.29	0.02	0.04