Sprott 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	67.35	49.29	41.8	17.63	33.19
Depreciation & Amortization	2.48	2.22	2.84	3.36	4.55
Stock-Based Compensation	0.07	17.61	20.41	17.04	3.65
Other Adjustments	-24.9	8.77	-26.57	9.08	4.76
Change in Receivables	-30.65	-7.91	0.88	2.22	8.4
Changes in Accounts Payable	87.21	4.22	-4.37	-9.39	-5.59
Changes in Other Operating Activities	-3.87	-5.06	-5.14	-7.44	2.29
Operating Cash Flow	97.69	69.15	29.86	32.5	51.25
Operating Cash Flow Growth	41.27%	131.58%	-8.11%	-36.59%	95.30%
Capital Expenditures	-1.85	-1.87	-1.54	-0.13	-0.69
Purchases of Intangible Assets	-	-3.91	-	-10.5	-40.56
Purchases of Investments	-7.94	-13.41	-25.47	-25.77	-15.23
Proceeds from Sale of Investments	19.12	43.69	27.03	12.91	35.84
Proceeds from Business Divestments	-	-	4.58	-	-
Investing Cash Flow	9.33	24.52	4.61	-23.49	-20.63
Long-Term Debt Issued	-	6.44	-	25.75	12.65
Long-Term Debt Repaid	-	-30.68	-30.2	-	-
Net Long-Term Debt Issued (Repaid)	-	-24.24	-30.2	25.75	12.65
Issuance of Common Stock	-	-	-	1.13	-
Repurchase of Common Stock	-1.55	-2.99	-9.41	-9.98	-10.2
Net Common Stock Issued (Repurchased)	-1.55	-2.99	-9.41	-8.86	-10.2
Common Dividends Paid	-33.54	-27.15	-25.85	-25.78	-25.56
Other Financing Activities	1.83	-2.8	1.99	4.99	-1.08
Financing Cash Flow	-33.26	-57.17	-63.46	-3.9	-24.19
Effect of Exchange Rate Changes on Cash and Cash Equivalents	2.86	-10.32	-2.02	-3.23	-0.73
Net Cash Flow	76.61	26.18	-31.02	1.87	5.7
Free Cash Flow	95.84	67.28	28.33	32.37	50.55
Free Cash Flow Growth	42.44%	137.53%	-12.49%	-35.97%	97.84%
FCF Margin	35.49%	40.41%	19.87%	24.04%	32.64%
Free Cash Flow Per Share	3.71	2.60	1.09	1.24	1.95
Levered Free Cash Flow	151.31	24.57	3.4	29.78	46.4
Unlevered Free Cash Flow	155.37	50.03	39.64	6.09	34.6

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