Galiano Gold 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	-45.17	6.12	26.09	40.81	-68.88	57.38
Depreciation & Amortization	50.43	23.74	0.14	1.77	0.15	0.16
Loss (Gain) From Sale of Investments	-1.65	-3.07	-3.36	-2.01	8.5	-7.77
Loss (Gain) on Equity Investments	-	-2.43	-31.67	-46.52	51.53	-59.16
Stock-Based Compensation	7.44	6.87	6.16	1.65	3.18	2.17
Other Operating Activities	88.07	38.33	-2.88	-1.01	-0.22	-0.7
Change in Accounts Receivable	6.06	1.03	0.68	5.64	-4.63	1.6
Change in Inventory	-9.72	1.17	-	-	-	-
Change in Accounts Payable	21.83	-14.53	1.21	1.45	-2.32	0.07
Change in Other Net Operating Assets	-1.32	-1.49	-0.01	0.01	-0.24	-0.14
Operating Cash Flow	115.96	55.75	-3.63	1.78	-12.94	-6.4
Operating Cash Flow Growth	187.27%	-	-	-	-	-
Capital Expenditures	-108.02	-66.9	-0.04	-0	-0.03	-0.08
Cash Acquisitions	65	112.5	-	-	-1.47	-
Investment in Securities	-65	-40	-	-	5	37.5
Other Investing Activities	1.7	0.19	2.9	1.04	0.41	0.51
Investing Cash Flow	-106.32	5.79	2.86	1.03	3.91	37.93
Long-Term Debt Repaid	-	-13.4	-0.13	-0.13	-0.13	-0.12
Net Debt Issued (Repaid)	-18.54	-13.4	-0.13	-0.13	-0.13	-0.12
Issuance of Common Stock	1.93	2.84	0.02	-	0.57	1.89
Repurchase of Common Stock	-	-	-	-	-	-2.3
Other Financing Activities	-0	-0.04	-	-	-	-
Financing Cash Flow	-16.62	-10.6	-0.11	-0.13	0.44	-0.52
Foreign Exchange Rate Adjustments	2.5	-0.43	0.04	-0.1	-0.04	0.04
Net Cash Flow	-4.48	50.51	-0.84	2.59	-8.63	31.04
Free Cash Flow	7.94	-11.15	-3.67	1.78	-12.97	-6.48
Free Cash Flow Margin	2.25%	-4.82%	-	-	-	-
Free Cash Flow Per Share	0.03	-0.04	-0.02	0.01	-0.06	-0.03
Levered Free Cash Flow	96.5	17.97	2.29	3.37	-11.3	-4.27
Unlevered Free Cash Flow	100.52	21.14	2.3	3.39	-11.28	-4.25
Change in Working Capital	16.85	-13.82	1.88	7.1	-7.19	1.53

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