First Majestic Silver Corp. (TSX:AG)

First Majestic Silver Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	210.98	-101.89	-135.11	-114.28	-4.92
Depreciation & Amortization	264.8	125.49	126.17	137.41	118.28
Stock-Based Compensation	12.65	12.19	12.87	13.96	12.29
Other Adjustments	100.23	86.94	70.6	9.58	-25.42
Changes in Other Operating Activities	-62.64	29.23	-18.92	-27.69	-31.5
Operating Cash Flow	526.01	151.97	55.61	18.99	68.72
Operating Cash Flow Growth	246.13%	173.26%	192.89%	-72.37%	-13.79%
Capital Expenditures	-210.66	-115.12	-145.98	-217.68	-188.97
Payments for Business Acquisitions	154.56	-	-	-	29.05
Other Investing Activities	27.92	0.96	-8.02	3.88	-20.84
Investing Cash Flow	-28.18	-114.16	-154	-213.8	-180.75
Long-Term Debt Issued	340.49	-	-	50	252.78
Long-Term Debt Repaid	-214.73	-20	-	-30	-211.84
Net Long-Term Debt Issued (Repaid)	125.75	-20	-	20	40.94
Issuance of Common Stock	48.75	94.02	94.23	118.06	88.47
Repurchase of Common Stock	-8.7	-0.27	-	-0.67	-0.04
Net Common Stock Issued (Repurchased)	40.06	93.74	94.23	117.39	88.43
Common Dividends Paid	-9.84	-5.3	-5.87	-6.87	-3.93
Other Financing Activities	-67.36	-26.04	-23.71	-16.64	-13.61
Financing Cash Flow	88.61	42.41	64.65	113.89	111.82
Effect of Exchange Rate Changes on Cash and Cash Equivalents	4.81	-3.62	2.66	-0.35	-0.44
Net Cash Flow	586.45	80.22	-33.74	-80.92	-0.21
Free Cash Flow	315.35	36.85	-90.37	-198.69	-120.24
Free Cash Flow Growth	755.80%	-	-	-	-
FCF Margin	25.08%	6.57%	-15.75%	-31.83%	-20.59%
Free Cash Flow Per Share	0.65	0.12	-0.32	-0.76	-0.49
Levered Free Cash Flow	282.18	-82.28	-173.84	-202.23	-66.18
Unlevered Free Cash Flow	203.56	25.14	-162.02	-180.9	-111.78

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.