Versamet Royalties Corporation (TSX:VMET)

Versamet Royalties Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	20.33	-2.45	-3.12
Depreciation & Amortization	6.18	0.84	-
Asset Writedown & Restructuring Costs	-	8.35	2.05
Loss (Gain) From Sale of Investments	-32.92	-14.06	-4.83
Stock-Based Compensation	1.67	2.57	1.62
Provision & Write-off of Bad Debts	-	-	0.4
Other Operating Activities	29.42	11.29	4.49
Change in Accounts Receivable	-9.32	0.08	-0.1
Change in Accounts Payable	1.58	0.78	0.12
Operating Cash Flow	16.95	7.4	0.62
Operating Cash Flow Growth	129.08%	1090.62%	-
Sale (Purchase) of Intangibles	-159.46	-0.08	-10.03
Investment in Securities	-	1.03	-52.5
Other Investing Activities	-	-	2.22
Investing Cash Flow	-159.46	0.96	-60.31
Long-Term Debt Issued	181	-	41.08
Long-Term Debt Repaid	-27.39	-19	-6.33
Net Debt Issued (Repaid)	153.61	-19	34.75
Issuance of Common Stock	-	7.5	27.46
Other Financing Activities	-8.77	-1.99	-0.02
Financing Cash Flow	144.84	-13.49	62.19
Foreign Exchange Rate Adjustments	-0.05	-0.15	0.13
Net Cash Flow	2.28	-5.29	2.64
Cash Interest Paid	8.77	1.99	-
Cash Income Tax Paid	0.56	0.51	0.43
Levered Free Cash Flow	-145.82	1.05	-
Unlevered Free Cash Flow	-138.22	3.28	-
Change in Working Capital	-7.74	0.86	0.02

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