NGEx Minerals Cash Flow Statement

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

Millions CAD. 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	-132.34	-123.34	-63.6	-37.72	-32.42	-5.46
Depreciation & Amortization	0.07	0.07	0.06	0.02	0.01	0.01
Stock-Based Compensation	26.11	24.45	8.35	4.67	2.93	0.57
Other Adjustments	-1.12	-0.18	3.02	0.82	0.45	0.24
Change in Receivables	-1.17	0.7	-0.58	2.11	-3.16	-0.89
Changes in Accounts Payable	14.32	4.8	6.58	3.02	5.03	1.49
Operating Cash Flow	-94.12	-93.49	-46.17	-27.09	-27.16	-4.03
Capital Expenditures	-	-	-2.5	-0.32	-0.13	-0.13
Purchases of Investments	-59.94	-82.59	-45	-15	-	-
Proceeds from Sale of Investments	46.69	47.28	15.62	-	-	-
Other Investing Activities	-	-	-0.42	-	-	-
Investing Cash Flow	-95.25	-35.31	-32.29	-15.32	-0.13	-0.13
Long-Term Debt Issued	-	-	-	-	1.78	3.2
Long-Term Debt Repaid	-	-	-	-	-1.77	-3.17
Net Long-Term Debt Issued (Repaid)	-	-	-	-	0.01	0.03
Issuance of Common Stock	4.91	177.92	179.64	87.19	30.5	25.06
Net Common Stock Issued (Repurchased)	4.91	177.92	179.64	87.19	30.5	25.06
Other Financing Activities	-0.41	-4.78	-6.01	-2.48	-0.67	-0.73
Financing Cash Flow	174.9	173.14	173.63	84.71	29.83	24.36
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-3.43	-5.17	-1.31	-6.04	-0.3	-0.1
Net Cash Flow	-17.9	39.17	93.87	36.25	2.25	20.1
Free Cash Flow	-94.12	-93.49	-48.66	-27.41	-27.28	-4.15
Free Cash Flow Per Share	-0.89	-0.46	-0.25	-0.15	-32.18	-0.03
Levered Free Cash Flow	13.57	1.94	3.68	2.53	4.76	1.27
Unlevered Free Cash Flow	13.57	1.94	3.68	2.53	4.75	1.25

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.