Amaroq Ltd. (TSXV:AMRQ)

Amaroq Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-20.81	-23.46	-0.83	-21.9	-24.69	-12.34
Depreciation & Amortization	0.92	0.93	0.78	0.85	0.39	0.23
Loss (Gain) From Sale of Assets	0.5	0.15	-31.3	0.1	-	-
Loss (Gain) on Equity Investments	3.65	8.59	7.89	-	-	-
Stock-Based Compensation	2.92	2.05	1.91	2.05	0.37	1.03
Other Operating Activities	0.7	-2.07	4.87	-0.88	0.38	1.03
Change in Inventory	-17.3	-9.5	-0.68	-	-	-
Change in Accounts Payable	4.64	11.61	5.09	-0.86	1.14	0.51
Change in Other Net Operating Assets	8.82	5.68	-21.88	-0.23	0.12	-0.32
Operating Cash Flow	-16.1	-6.03	-34.16	-20.87	-22.29	-9.87
Capital Expenditures	-94	-111.42	-24.3	-0.33	-11.88	-2.15
Sale of Property, Plant & Equipment	-	-	-	0.06	-	-
Other Investing Activities	0.1	-6.05	-0.17	-	-	-
Investing Cash Flow	-93.9	-117.47	-24.47	-0.26	-11.88	-2.15
Short-Term Debt Issued	-	24.39	30.43	-	-	-
Total Debt Issued	10.48	24.39	30.43	-	-	-
Long-Term Debt Repaid	-	-0.14	-0.11	-0.05	-0.07	-0.01
Total Debt Repaid	-0.15	-0.14	-0.11	-0.05	-0.07	-0.01
Net Debt Issued (Repaid)	10.32	24.26	30.33	-0.05	-0.07	-0.01
Issuance of Common Stock	136.63	127.68	-	46.44	-	79.83
Other Financing Activities	-8.53	-6.4	-1	-3.33	-	-6.27
Financing Cash Flow	138.42	145.53	29.32	43.06	-0.07	73.55
Foreign Exchange Rate Adjustments	0.95	2.14	0.18	0.89	-0.32	-1.17
Net Cash Flow	29.38	24.18	-29.12	22.81	-34.55	60.36
Free Cash Flow	-110.09	-117.44	-58.46	-21.2	-34.17	-12.02
Free Cash Flow Per Share	-0.27	-0.36	-0.21	-0.11	-0.19	-0.10
Levered Free Cash Flow	-103.12	-110.5	-49.62	-12.87	-24.79	-7.97
Unlevered Free Cash Flow	-103.1	-110.48	-49.59	-12.85	-24.77	-7.97
Change in Working Capital	-3.97	7.78	-17.46	-1.09	1.26	0.19

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.