Highlander Silver Cash Flow Statement

Financials in millions CAD. Fiscal year is October - September.

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2019 - 2020
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	2019 - 2020
Net Income	-13.09	-2.12	-5.55	-0.72	-1.79	Upgrade
Depreciation & Amortization	0.03	0.27	4.62	0.01	0.23	Upgrade
Loss (Gain) From Sale of Assets	-0.14	-	-	-	-	Upgrade
Asset Writedown & Restructuring Costs	-	0.09	-	-	-	Upgrade
Stock-Based Compensation	2.06	0.63	0.24	0.4	-	Upgrade
Provision & Write-off of Bad Debts	0.18	0.09	0.08	-	-	Upgrade
Other Operating Activities	-0.23	-0.34	-0.04	-	0.9	Upgrade
Change in Accounts Receivable	-0	-0.09	-0.04	-	-	Upgrade
Change in Accounts Payable	1.17	0.03	0.08	0.1	0.06	Upgrade
Change in Other Net Operating Assets	-0.53	-0.01	0.01	-0.03	-0.01	Upgrade
Operating Cash Flow	-10.54	-1.46	-0.62	-0.24	-0.6	Upgrade
Capital Expenditures	-0.21	-0.03	-	-0	-	Upgrade
Sale of Property, Plant & Equipment	0.14	0.01	-	-	-	Upgrade
Cash Acquisitions	-1.7	-7.05	-	-	3.38	Upgrade
Other Investing Activities	0.46	-1.21	-1.29	-1.04	-0.51	Upgrade
Investing Cash Flow	-1.31	-8.29	-1.29	-1.04	2.87	Upgrade
Issuance of Common Stock	112.05	12.24	-	0.01	-	Upgrade
Other Financing Activities	-0.21	-0.04	-	-	-	Upgrade
Financing Cash Flow	111.84	12.19	-	0.01	-	Upgrade
Foreign Exchange Rate Adjustments	-0.06	-0.17	0.16	-0.26	0.04	Upgrade
Net Cash Flow	99.92	2.27	-1.74	-1.53	2.32	Upgrade
Free Cash Flow	-10.75	-1.49	-0.62	-0.25	-0.6	Upgrade
Free Cash Flow Per Share	-0.11	-0.02	-0.02	-0.01	-0.03	Upgrade
Levered Free Cash Flow	-5.16	1.09	1.39	-0	-	Upgrade
Unlevered Free Cash Flow	-5.01	1.09	1.39	-0	-	Upgrade
Change in Working Capital	0.64	-0.07	0.04	0.07	0.05	Upgrade

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