Apollo Silver Cash Flow Statement

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Net Income	-15.29	-9.38	-2.99	-4.15	-11.02	-2.71
Depreciation & Amortization	0.14	0.14	0.14	0.14	0.13	0.11
Loss (Gain) From Sale of Assets	-0	-0	0.01	-	-	0.01
Stock-Based Compensation	2.7	2.14	0.04	0.16	1.37	1.97
Other Operating Activities	-0.08	-0.06	0.04	-0.08	-1.76	-1.89
Change in Accounts Receivable	-0.35	-0.14	-0.01	0.01	-0.54	-0.03
Change in Accounts Payable	0.16	0.16	0.06	-1.9	1.86	-0.58
Change in Other Net Operating Assets	0.01	-1.66	-0.16	0.13	0.83	-0.98
Operating Cash Flow	-12.7	-8.81	-2.87	-5.68	-9.12	-4.1
Capital Expenditures	-0.1	-0.02	-0.01	-0	-0.17	-36.18
Sale of Property, Plant & Equipment	0	0	-	-	-	-
Investing Cash Flow	-0.09	-0.01	-0.01	-0	-0.17	-36.18
Long-Term Debt Repaid	-	-0.09	-0.1	-0.09	-0.07	-0
Net Debt Issued (Repaid)	-0.09	-0.09	-0.1	-0.09	-0.07	-0
Issuance of Common Stock	58.89	26.98	13.53	-	2.86	53.36
Other Financing Activities	-0.5	-0.13	-0.42	-0.03	-0.04	-3.47
Financing Cash Flow	58.3	26.76	13.01	-0.12	2.75	49.88
Foreign Exchange Rate Adjustments	0.08	0.08	-0.01	0	0.15	0.01
Net Cash Flow	45.58	18.02	10.12	-5.8	-6.38	9.62
Free Cash Flow	-12.8	-8.82	-2.88	-5.69	-9.29	-40.28
Free Cash Flow Per Share	-0.25	-0.18	-0.08	-0.16	-0.27	-2.10
Cash Interest Paid	0.04	0.03	0.02	0.03	0.04	-
Levered Free Cash Flow	-7	-5.3	-1.83	-4.23	-3.98	-37.9
Unlevered Free Cash Flow	-6.98	-5.28	-1.82	-4.21	-3.96	-37.9
Change in Working Capital	-0.18	-1.64	-0.1	-1.76	2.15	-1.59

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