Fortuna Mining 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	287.47	128.74	-50.84	-128.13	57.88
Depreciation & Amortization	151.14	253.5	293.05	300.75	126.07
Asset Writedown & Restructuring Costs	-	-	30.01	65.61	-
Loss (Gain) From Sale of Investments	-3.36	-9.72	-12.4	-	-
Stock-Based Compensation	23.76	8.15	2.02	-0	-3.08
Other Operating Activities	-3.62	57.5	44.8	-25.95	5.58
Change in Accounts Receivable	-	-46.37	-17.11	7.32	-16.9
Change in Inventory	-	-24.45	-21.02	-20.42	-23.82
Change in Accounts Payable	-	-4.31	31.64	-3.28	3.56
Change in Other Net Operating Assets	-0.02	2.65	-3.24	-1.64	-2.15
Operating Cash Flow	467.35	365.68	296.91	194.25	147.14
Operating Cash Flow Growth	27.80%	23.16%	52.85%	32.02%	57.56%
Capital Expenditures	-178	-203.78	-217.31	-253.42	-152.29
Sale of Property, Plant & Equipment	-	-	-	-	0.01
Cash Acquisitions	-	-	-13.32	-	40.29
Investment in Securities	-2.08	9.72	12.4	-	0.01
Other Investing Activities	89.95	-0.38	1.36	-1.91	-6.53
Investing Cash Flow	-90.13	-194.44	-216.88	-255.33	-118.5
Long-Term Debt Issued	-	240.5	75.5	80	-
Long-Term Debt Repaid	-24.37	-263.34	-107.13	-32.21	-44.22
Net Debt Issued (Repaid)	-24.37	-22.84	-31.63	47.79	-44.22
Issuance of Common Stock	-	-	0.3	-	0.31
Repurchase of Common Stock	-10.27	-34.13	-	-5.93	-
Other Financing Activities	-25.96	-9.17	-1.39	-3.4	-7.52
Financing Cash Flow	-60.61	-66.14	-32.72	38.47	-51.42
Foreign Exchange Rate Adjustments	6.05	-1.92	0.35	-3.99	-2.02
Net Cash Flow	322.66	103.18	47.66	-26.6	-24.8
Free Cash Flow	289.35	161.9	79.6	-59.17	-5.15
Free Cash Flow Growth	78.72%	103.40%	-	-	-
Free Cash Flow Margin	30.55%	15.24%	9.45%	-8.68%	-0.86%
Free Cash Flow Per Share	0.86	0.52	0.27	-0.20	-0.02
Cash Interest Paid	-	14.84	13.55	7.47	7.42
Cash Income Tax Paid	-	43.55	25.87	42.22	62.68
Levered Free Cash Flow	268.84	195.36	123.83	-4.1	67.93
Unlevered Free Cash Flow	276.52	210.68	137.67	2.99	75.81
Change in Working Capital	-0.02	-72.48	-9.74	-18.02	-39.31

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.