Ecora Royalties 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	Jun '25 Jun 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	-30.35	-9.83	0.85	94.64	37.48	-23.87
Depreciation & Amortization	10.05	8.58	8.15	9.71	15.12	7.37
Other Amortization	0.02	0.02	1.22	0.02	0.02	0.02
Loss (Gain) From Sale of Assets	-	-	-	-	19.19	0.67
Asset Writedown & Restructuring Costs	25.1	38.13	28.52	-23.75	-7.81	61.04
Stock-Based Compensation	1.9	1.83	0.9	0.71	0.33	0.38
Other Operating Activities	2.79	-10.57	-15.48	37.25	2.25	-21.19
Change in Accounts Receivable	12.44	1.71	9.73	8.22	-11.64	-2.33
Change in Accounts Payable	-1.48	-0.28	-0.35	5.7	0.84	-0.53
Operating Cash Flow	20.47	29.6	33.54	132.5	55.78	21.54
Operating Cash Flow Growth	-28.08%	-11.76%	-74.69%	137.53%	158.96%	-65.46%
Capital Expenditures	-52.63	-1.5	-0.11	-3.86	-207.74	-2.38
Sale of Property, Plant & Equipment	9.26	-	0.08	1.31	2.51	5.54
Cash Acquisitions	-0.4	-0.45	0.05	-	-0.02	-1.12
Sale (Purchase) of Intangibles	2.32	-6.85	-51.67	-54.33	4.4	-1.5
Investment in Securities	-0.71	-0.71	6.13	-	62.98	12.85
Other Investing Activities	-7.86	0.26	0.15	0.01	0	0.15
Investing Cash Flow	-47.1	-6.26	-43.17	-54.01	-136.61	14.44
Long-Term Debt Issued	-	21.27	96	49.5	123.5	23.52
Long-Term Debt Repaid	-	-12.83	-56.21	-119.56	-72.76	-11.84
Net Debt Issued (Repaid)	33.75	8.45	39.79	-70.06	50.74	11.68
Issuance of Common Stock	-	-	-	0.92	62.13	0.44
Repurchase of Common Stock	-	-10	-	-	-	-6.55
Common Dividends Paid	-4.23	-10.84	-22.06	-19.38	-25.37	-21.41
Other Financing Activities	-9.6	-10.31	-6.01	-4.21	-10.87	-2.44
Financing Cash Flow	19.91	-22.7	11.72	-92.74	76.63	-18.28
Foreign Exchange Rate Adjustments	1.68	-0.61	-0.09	-1.89	-1.32	-0.2
Net Cash Flow	-5.04	0.03	2	-16.14	-5.52	17.5
Free Cash Flow	-32.16	28.09	33.43	128.64	-151.96	19.16
Free Cash Flow Growth	-	-15.97%	-74.01%	-	-	-69.27%
Free Cash Flow Margin	-123.73%	47.13%	54.00%	90.67%	-178.16%	43.90%
Free Cash Flow Per Share	-0.13	0.11	0.13	0.55	-0.73	0.11
Cash Interest Paid	9.6	10.31	6.01	4.21	10.87	2.44
Cash Income Tax Paid	8.34	23.61	23.38	12.05	7.67	14.67
Levered Free Cash Flow	-36.92	-6.03	-48.03	92.94	-172.91	7.55
Unlevered Free Cash Flow	-31.89	-0.98	-44.84	96.48	-168.3	7.55
Change in Working Capital	10.97	1.43	9.39	13.92	-10.8	-2.86

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