McEwen 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	-11.92	-43.69	55.3	-81.08	-56.71	-152.33
Depreciation & Amortization	32.59	33.62	32.9	19.53	27.74	106.78
Loss (Gain) From Sale of Assets	-	-	-222.16	-	-2.27	-
Loss (Gain) From Sale of Investments	-20.77	-6.06	-20.54	0.51	-0.03	0.62
Loss (Gain) on Equity Investments	18.28	37.96	57.76	-2.78	7.53	1.52
Stock-Based Compensation	3.33	3.24	0.97	0.34	0.84	0.61
Other Operating Activities	-3.81	-7.86	73.89	2.32	-6.06	0.79
Change in Other Net Operating Assets	-0.9	12.25	-17.75	4.57	8.89	14.13
Operating Cash Flow	2.55	29.45	-39.64	-56.58	-20.06	-27.87
Operating Cash Flow Growth	-94.55%	-	-	-	-	-
Capital Expenditures	-47.76	-43.1	-26.1	-24.19	-34.89	-13.37
Sale of Property, Plant & Equipment	-	-	-	-	0.49	-
Cash Acquisitions	0.05	-	-	-	-	-
Divestitures	-	-	-45.71	-	-	-
Investment in Securities	-0.08	-14.37	-28.13	-	-	1.27
Other Investing Activities	-4.89	-0.59	0.3	0.29	9.83	0.34
Investing Cash Flow	-52.68	-58.05	-99.64	-23.9	-24.56	-11.77
Long-Term Debt Issued	-	-	-	15	40	-
Total Debt Issued	110	-	-	15	40	-
Long-Term Debt Repaid	-	-1.23	-26.64	-2.34	-3.41	-2.2
Total Debt Repaid	-21.1	-1.23	-26.64	-2.34	-3.41	-2.2
Net Debt Issued (Repaid)	88.9	-1.23	-26.64	12.66	36.59	-2.2
Issuance of Common Stock	3.7	20.43	123.34	32.02	44.39	19.78
Repurchase of Common Stock	-	-	-	-0.09	-	-
Other Financing Activities	-19.24	-	75.48	20.86	-	-
Financing Cash Flow	73.37	19.2	172.18	65.46	80.98	17.58
Foreign Exchange Rate Adjustments	-0.27	-0.66	-48.98	-2.03	-0.16	-
Net Cash Flow	22.96	-10.05	-16.07	-17.06	36.2	-22.06
Free Cash Flow	-45.21	-13.64	-65.74	-80.77	-54.95	-41.25
Free Cash Flow Margin	-27.16%	-7.82%	-39.55%	-73.15%	-40.24%	-39.36%
Free Cash Flow Per Share	-0.84	-0.27	-1.38	-1.70	-1.21	-1.02
Cash Interest Paid	5.67	3.91	4.73	4.88	-	-
Cash Income Tax Paid	2.25	0.71	1.41	0.02	-	-
Levered Free Cash Flow	-25.33	2.91	-92.37	-58.74	-35.54	12.01
Unlevered Free Cash Flow	-21.38	5.78	-88.69	-53.87	-31.67	16.66
Change in Working Capital	-15.14	12.25	-17.75	4.57	8.89	14.13

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