Majestic Gold Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	8.23	9.93	7.56	11.08	4.51	9.43
Depreciation & Amortization	11.57	10.02	6.66	7.1	4.37	5.71
Loss (Gain) From Sale of Assets	0.18	-0	0.16	-0	0.15	-0.01
Stock-Based Compensation	1.44	-	-	-	-	-
Other Operating Activities	10.49	10.02	9.15	11	7.49	9.18
Change in Accounts Receivable	1.81	-0.6	-0.84	0.07	-0.1	-0
Change in Inventory	-0.52	0.56	-0.45	0.17	1.43	0.2
Change in Accounts Payable	-4.47	-0.43	1.83	-5.8	-1.95	11.28
Change in Other Net Operating Assets	-1.89	-0.96	0.42	6.67	-0.44	1.03
Operating Cash Flow	26.83	28.53	24.49	30.29	15.46	36.82
Operating Cash Flow Growth	14.87%	16.49%	-19.14%	95.93%	-58.02%	470.17%
Capital Expenditures	-11.65	-7.98	-10.82	-7.43	-8.95	-17.46
Sale of Property, Plant & Equipment	0	0	0	0	0.01	0.01
Investment in Securities	-	-0.18	7.38	-7.38	-	-
Other Investing Activities	-0.25	-0.24	-0.23	-0.29	-0.21	-0.72
Investing Cash Flow	-12.84	-8.39	-3.67	-15.1	-8.04	-19.93
Short-Term Debt Issued	-	-	4.25	4.44	6.2	4.35
Total Debt Issued	23.02	-	4.25	4.44	6.2	4.35
Short-Term Debt Repaid	-	-4.22	-4.25	-4.44	-6.2	-13.05
Total Debt Repaid	-9.62	-4.22	-4.25	-4.44	-6.2	-13.05
Net Debt Issued (Repaid)	13.4	-4.22	-	-	-	-8.7
Repurchase of Common Stock	-	-	-	-0.04	-0.21	-
Common Dividends Paid	-5.07	-5.07	-	-	-	-
Other Financing Activities	-18.65	-6.18	32.04	-1.45	-6.74	-0.18
Financing Cash Flow	-10.32	-15.47	32.04	-1.48	-6.95	-8.88
Foreign Exchange Rate Adjustments	-1.4	-1.9	-0.25	-3.2	0.63	1.85
Net Cash Flow	2.27	2.77	52.61	10.49	1.09	9.86
Free Cash Flow	15.18	20.55	13.67	22.85	6.51	19.36
Free Cash Flow Growth	-0.08%	50.30%	-40.17%	251.01%	-66.37%	249.90%
Free Cash Flow Margin	18.37%	28.96%	24.85%	36.00%	16.93%	36.97%
Free Cash Flow Per Share	0.01	0.02	0.01	0.02	0.01	0.02
Cash Interest Paid	0.46	0.11	0.19	0.14	0.46	0.6
Cash Income Tax Paid	11.23	10.17	2.9	4.79	1.56	5.28
Levered Free Cash Flow	28.64	16.12	12.54	12.78	-0.62	19.75
Unlevered Free Cash Flow	29.05	16.28	12.77	12.99	-0.31	20.16
Change in Working Capital	-5.08	-1.43	0.96	1.11	-1.06	12.5

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