Orezone Gold 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	77.44	64.08	49.62	1.89	-18.72
Depreciation & Amortization	33.77	28.48	29.81	2.88	0.26
Stock-Based Compensation	2.83	2.76	2.19	1.85	1.78
Other Adjustments	69.33	29.32	41.42	-0.6	10.14
Changes in Inventories	-29.11	-18.25	-	-	-
Changes in Accounts Payable	12.22	-1.94	-	-	-
Changes in Income Taxes Payable	-66.4	-44.78	-	-	-
Changes in Other Operating Activities	-46.75	-42.72	-43.08	0.56	0.61
Operating Cash Flow	99.48	57.7	79.95	6.58	-5.94
Operating Cash Flow Growth	72.41%	-27.83%	1114.68%	-	-
Capital Expenditures	-297.93	-97.12	-44.55	-106.05	-76.93
Other Investing Activities	16.53	4.14	0.77	0.08	0.17
Investing Cash Flow	-141.6	-45.97	-43.78	-105.98	-76.75
Long-Term Debt Issued	31.16	47.72	-	77.4	59.35
Long-Term Debt Repaid	-20.67	-39.35	-33.77	-	-
Net Long-Term Debt Issued (Repaid)	10.48	8.38	-33.77	77.4	59.35
Issuance of Common Stock	79.74	48.56	19.18	6	55.4
Net Common Stock Issued (Repurchased)	79.74	48.56	19.18	6	55.4
Other Financing Activities	-28.51	-11.86	-10.79	-9.37	-6.26
Financing Cash Flow	61.71	45.07	-25.38	74.03	108.49
Effect of Exchange Rate Changes on Cash and Cash Equivalents	4.34	-2.26	-0.47	-1.56	1.42
Net Cash Flow	23.93	54.54	10.33	-26.93	27.22
Free Cash Flow	-198.45	-39.42	35.4	-99.47	-82.87
FCF Margin	-52.69%	-13.91%	13.04%	-229.04%	-
Free Cash Flow Per Share	-0.33	-0.10	0.10	-0.30	-0.26
Levered Free Cash Flow	-318.81	-112.25	-48.44	-24.28	-35.29
Unlevered Free Cash Flow	-303.11	-97.77	6.85	-101.32	-84.65

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.