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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	36.96	-29.29	6.12	26.09	40.81	-68.88
Depreciation & Amortization	63.76	65.77	25.98	0.14	1.77	0.15
Loss (Gain) From Sale of Investments	-2.56	-2.56	-2.55	-3.36	-2.01	8.5
Loss (Gain) on Equity Investments	-	-	-2.43	-31.67	-46.52	51.53
Stock-Based Compensation	10.55	10.31	6.87	6.16	1.65	3.18
Other Operating Activities	93.21	108.78	26.06	-2.88	-1.01	-0.22
Change in Accounts Receivable	0.04	0.04	1.03	0.68	5.64	-4.63
Change in Inventory	-15.46	-15.46	1.17	-	-	-
Change in Accounts Payable	19.65	19.65	-5.01	1.21	1.45	-2.32
Change in Other Net Operating Assets	-27.36	0.75	-1.49	-0.01	0.01	-0.24
Operating Cash Flow	178.79	157.99	55.75	-3.63	1.78	-12.94
Operating Cash Flow Growth	160.59%	183.42%	-	-	-	-
Capital Expenditures	-128.43	-114.92	-66.9	-0.04	-0	-0.03
Cash Acquisitions	-	-	47.5	-	-	-1.47
Investment in Securities	0.47	-	25	-	-	5
Other Investing Activities	-22.46	-22.05	0.19	2.9	1.04	0.41
Investing Cash Flow	-150.42	-136.97	5.79	2.86	1.03	3.91
Long-Term Debt Repaid	-	-19.27	-13.4	-0.13	-0.13	-0.13
Net Debt Issued (Repaid)	-21.65	-19.27	-13.4	-0.13	-0.13	-0.13
Issuance of Common Stock	3.08	2.06	2.84	0.02	-	0.57
Other Financing Activities	-3.6	-3.48	-0.04	-	-	-
Financing Cash Flow	-22.17	-20.69	-10.6	-0.11	-0.13	0.44
Foreign Exchange Rate Adjustments	2.35	2.22	-0.43	0.04	-0.1	-0.04
Net Cash Flow	8.56	2.55	50.51	-0.84	2.59	-8.63
Free Cash Flow	50.36	43.07	-11.15	-3.67	1.78	-12.97
Free Cash Flow Margin	11.67%	13.11%	-5.36%	-	-	-
Free Cash Flow Per Share	0.19	0.17	-0.04	-0.02	0.01	-0.06
Cash Income Tax Paid	34.09	34.09	-	-	-	-
Levered Free Cash Flow	67.87	56.11	5.87	2.29	3.37	-11.3
Unlevered Free Cash Flow	72.9	60.05	9.04	2.3	3.39	-11.28
Change in Working Capital	-23.13	4.99	-4.3	1.88	7.1	-7.19

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