Americas Gold and Silver 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	-57.79	-87.45	-45.07	-34.96	-43.1	-157.67
Depreciation & Amortization	22.74	21.86	24.71	21.44	21.77	16
Other Amortization	-	-	-	-	-	0.05
Loss (Gain) From Sale of Assets	0.04	-0.97	-0.02	-0.4	-	-
Asset Writedown & Restructuring Costs	10.4	10.4	-	6	13.44	55.98
Stock-Based Compensation	10.84	12.06	1.45	2.03	2.75	4.35
Other Operating Activities	55.97	48.92	12.97	5.67	5.99	54.39
Change in Accounts Receivable	-11.53	-1.65	2.38	2.07	-3.34	-3.11
Change in Inventory	-5.99	-3.46	-3.35	-3.27	-2.66	-19.95
Change in Accounts Payable	-0.08	-4	3.89	0.21	4.59	-0.75
Change in Other Net Operating Assets	0.4	0.33	-0.04	0.2	-0.6	-0.23
Operating Cash Flow	25.01	-3.95	-3.07	-1.01	-1.18	-50.95
Capital Expenditures	-84.49	-69.24	-18.85	-19.94	-19.6	-14.08
Sale of Property, Plant & Equipment	0	1	-	1.81	-	-
Investing Cash Flow	-84.49	-68.24	-18.85	-18.13	-19.6	-14.08
Long-Term Debt Issued	-	49.76	9.37	11.5	5.11	14.91
Total Debt Issued	49.26	49.76	9.37	11.5	5.11	14.91
Short-Term Debt Repaid	-	-2	-0.25	-	-	-6.12
Long-Term Debt Repaid	-	-3.65	-4.95	-2.9	-7.34	-4.64
Total Debt Repaid	-7.86	-5.65	-5.2	-2.9	-7.34	-10.75
Net Debt Issued (Repaid)	41.4	44.11	4.17	8.6	-2.23	4.16
Issuance of Common Stock	154.04	156.38	48.32	3.08	19.9	57.86
Other Financing Activities	-23.09	-17.59	-17.37	8.65	-0.23	1.4
Financing Cash Flow	172.35	182.9	35.12	20.32	17.44	63.42
Foreign Exchange Rate Adjustments	0.81	-0.93	4.74	-1.08	2.41	-0.2
Net Cash Flow	113.68	109.78	17.94	0.1	-0.94	-1.81
Free Cash Flow	-59.48	-73.19	-21.92	-20.95	-20.78	-65.02
Free Cash Flow Margin	-36.68%	-62.06%	-21.88%	-22.02%	-24.44%	-144.33%
Free Cash Flow Per Share	-0.21	-0.27	-0.21	-0.25	-0.28	-1.15
Cash Interest Paid	4.63	4.63	3.24	2.29	2.63	1.78
Levered Free Cash Flow	-28.71	-37.15	1.73	-12.16	-8.98	-50.07
Unlevered Free Cash Flow	-25.32	-33.82	6.33	-7.04	-7.86	-47.07
Change in Working Capital	-17.2	-8.77	2.89	-0.79	-2.02	-24.03

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