Dolly Varden Silver Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	-20.65	-26.65	-19.27	-8.2	-7.28	Upgrade
Depreciation & Amortization	0.05	0.05	0.06	0.04	0.02	Upgrade
Loss (Gain) From Sale of Assets	-	-	-	-	0.01	Upgrade
Stock-Based Compensation	2.6	1.97	1.78	1.26	0.68	Upgrade
Other Operating Activities	-4.3	-3.65	-2.4	-1.02	-0.18	Upgrade
Change in Accounts Receivable	0.9	-0.83	-0.04	0	0.47	Upgrade
Change in Accounts Payable	0.12	0.36	0.25	-0.03	0.13	Upgrade
Change in Other Net Operating Assets	0.14	-0.23	-0.04	-0.12	-0.03	Upgrade
Operating Cash Flow	-21.14	-28.99	-19.66	-8.08	-6.18	Upgrade
Capital Expenditures	-0.17	-0.01	-6.24	-0.2	-0.17	Upgrade
Investment in Securities	-2.12	-	-	-	-	Upgrade
Investing Cash Flow	-2.29	-0.01	-6.24	-0.2	-0.17	Upgrade
Issuance of Common Stock	48.52	10.56	41.34	0.12	27.79	Upgrade
Other Financing Activities	-3.01	-0.07	-2.42	-	-1.61	Upgrade
Financing Cash Flow	45.51	10.49	38.92	0.12	26.18	Upgrade
Net Cash Flow	22.08	-18.51	13.02	-8.17	19.82	Upgrade
Free Cash Flow	-21.32	-29	-25.9	-8.28	-6.36	Upgrade
Free Cash Flow Per Share	-0.29	-0.45	-0.48	-0.25	-0.25	Upgrade
Levered Free Cash Flow	-8.98	-21.51	-14.35	-5.87	-2.44	Upgrade
Unlevered Free Cash Flow	-8.98	-21.51	-14.35	-5.87	-2.44	Upgrade
Change in Net Working Capital	-4.69	4.36	-3.68	1.2	-1.49	Upgrade

Updated Mar 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.