Fortuna Mining 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	230.75	128.74	-50.84	-128.13	57.88	21.55
Depreciation & Amortization	222.15	253.5	293.05	300.75	126.07	46.16
Asset Writedown & Restructuring Costs	-	-	30.01	65.61	-	-
Loss (Gain) From Sale of Investments	-4.71	-9.72	-12.4	-	-	-3.31
Stock-Based Compensation	18.58	8.15	2.02	-0	-3.08	12.28
Other Operating Activities	81.84	57.5	44.8	-25.95	5.58	25.81
Change in Accounts Receivable	-21.43	-46.37	-17.11	7.32	-16.9	10.26
Change in Inventory	-5.46	-24.45	-21.02	-20.42	-23.82	-25.66
Change in Accounts Payable	-6.42	-4.31	31.64	-3.28	3.56	6.12
Change in Other Net Operating Assets	6.95	2.65	-3.24	-1.64	-2.15	0.16
Operating Cash Flow	455.35	365.68	296.91	194.25	147.14	93.39
Operating Cash Flow Growth	42.10%	23.16%	52.85%	32.02%	57.56%	55.25%
Capital Expenditures	-227.75	-203.78	-217.31	-253.42	-152.29	-93.03
Sale of Property, Plant & Equipment	-	-	-	-	0.01	0.07
Cash Acquisitions	-	-	-13.32	-	40.29	-
Investment in Securities	-0.72	9.72	12.4	-	0.01	-7.27
Other Investing Activities	112.52	-0.38	1.36	-1.91	-6.53	-13.42
Investing Cash Flow	-115.95	-194.44	-216.88	-255.33	-118.5	-113.65
Long-Term Debt Issued	-	240.5	75.5	80	-	65
Long-Term Debt Repaid	-	-263.34	-107.13	-32.21	-44.22	-62.75
Net Debt Issued (Repaid)	-27.33	-22.84	-31.63	47.79	-44.22	2.25
Issuance of Common Stock	-	-	0.3	-	0.31	70.01
Repurchase of Common Stock	-34.76	-34.13	-	-5.93	-	-
Other Financing Activities	-24.19	-9.17	-1.39	-3.4	-7.52	-3.36
Financing Cash Flow	-86.28	-66.14	-32.72	38.47	-51.42	68.91
Foreign Exchange Rate Adjustments	4.61	-1.92	0.35	-3.99	-2.02	-0.15
Net Cash Flow	257.73	103.18	47.66	-26.6	-24.8	48.49
Free Cash Flow	227.6	161.9	79.6	-59.17	-5.15	0.35
Free Cash Flow Growth	43.10%	103.40%	-	-	-	-
Free Cash Flow Margin	18.11%	15.24%	9.45%	-8.68%	-0.86%	0.13%
Free Cash Flow Per Share	0.73	0.52	0.27	-0.20	-0.02	0.00
Cash Interest Paid	9.17	14.84	13.55	7.47	7.42	0.55
Cash Income Tax Paid	89.92	43.55	25.87	42.22	62.68	28.19
Levered Free Cash Flow	287.49	195.36	123.83	-4.1	67.93	-27.28
Unlevered Free Cash Flow	302.2	210.68	137.67	2.99	75.81	-26.34
Change in Working Capital	-26.36	-72.48	-9.74	-18.02	-39.31	-9.12

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.