Energy Fuels Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-85.63	-47.77	99.86	-59.85	1.54
Depreciation & Amortization	8.65	5.2	3.94	4.83	4.47
Other Amortization	0.92	0.07	0.08	-	-
Loss (Gain) From Sale of Assets	-5.3	-0.07	-119.26	-0.37	-35.73
Loss (Gain) From Sale of Investments	-1.66	-2.31	-6.12	16.81	-6.31
Loss (Gain) on Equity Investments	1.32	0.18	-	-	-
Stock-Based Compensation	12.59	5.41	4.63	4.64	2.16
Other Operating Activities	-22.38	-3.51	-1.97	-2.27	7.96
Change in Accounts Receivable	20.49	-16.81	-0.24	1.84	-1.25
Change in Inventory	-0.77	13.04	-0.1	-8.57	-3.22
Change in Accounts Payable	-8.48	-3.26	2.81	1.67	2.14
Change in Other Net Operating Assets	-9.23	5.86	0.95	-8.43	-1.05
Operating Cash Flow	-89.48	-43.97	-15.41	-49.7	-29.29
Capital Expenditures	-51.79	-29.38	-44.71	-2	-1.37
Sale of Property, Plant & Equipment	5.3	0.07	56.88	6.37	2
Cash Acquisitions	-	-16.83	-	-	-
Sale (Purchase) of Intangibles	-	-1.64	-	-	-
Investment in Securities	-731.56	34.48	-96.91	-11.44	2.55
Other Investing Activities	-	-	60.89	-	-
Investing Cash Flow	-778.06	-13.3	-23.85	-7.07	3.19
Long-Term Debt Issued	700	-	-	-	-
Total Debt Issued	700	-	-	-	-
Net Debt Issued (Repaid)	700	-	-	-	-
Issuance of Common Stock	282.02	17.4	33.52	8.82	120.87
Repurchase of Common Stock	-1.09	-1.39	-2.45	-0.9	-0.79
Other Financing Activities	-85.97	-0.43	-0.65	-0.06	-2.13
Financing Cash Flow	894.96	15.59	30.42	7.87	117.94
Foreign Exchange Rate Adjustments	1.17	-1.74	0.01	-0.07	0.01
Miscellaneous Cash Flow Adjustments	-	27.01	3.59	-3.59	-
Net Cash Flow	28.6	-16.42	-5.25	-52.55	91.84
Free Cash Flow	-141.27	-73.36	-60.12	-51.7	-30.66
Free Cash Flow Margin	-214.30%	-93.91%	-158.51%	-413.09%	-963.00%
Free Cash Flow Per Share	-0.63	-0.43	-0.38	-0.33	-0.20
Cash Interest Paid	0.21	0.2	0.19	0.03	0.05
Cash Income Tax Paid	0.1	1.89	-	-	-
Levered Free Cash Flow	-106.05	-63.17	-46.12	-32.13	-29.35
Unlevered Free Cash Flow	-106.98	-63.24	-46.2	-32.13	-29.35
Change in Working Capital	2.01	-1.17	3.42	-13.49	-3.38

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