Minera Alamos Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-42.63	-17.57	-2.86	5.61	-1.75
Depreciation & Amortization	6.84	1.95	0.76	0.57	0.17
Loss (Gain) From Sale of Investments	-0.33	-	-	0.28	-3.34
Stock-Based Compensation	4.99	-0.61	0.64	0.73	0.91
Other Operating Activities	40.3	7.2	-5.51	-4.49	0.29
Change in Accounts Receivable	-	0.13	0.02	-0.14	-0.77
Change in Inventory	-	-2.79	1.63	-1.48	-5.85
Change in Accounts Payable	-	0.45	0.94	-0.63	2.65
Change in Unearned Revenue	-	-0.56	-3.09	5.51	-
Change in Income Taxes	-	2.3	3.35	-2.78	-2.25
Change in Other Net Operating Assets	21.87	-0.17	-0.45	-0.56	-1.04
Operating Cash Flow	31.02	-9.65	-4.57	2.61	-10.97
Capital Expenditures	-6.56	-0.35	-0.37	-4.37	-7.24
Cash Acquisitions	-125.54	-	-	-	-
Investment in Securities	-7.79	-	-	2.06	4.53
Other Investing Activities	0.21	-	-	-	0
Investing Cash Flow	-139.68	-0.35	-0.37	-2.31	-2.71
Long-Term Debt Issued	34.88	-	6.93	-	-
Long-Term Debt Repaid	-7.09	-0.11	-0.11	-0.1	-0.11
Net Debt Issued (Repaid)	27.8	-0.11	6.82	-0.1	-0.11
Issuance of Common Stock	138.5	9.67	0.08	5.51	0.93
Other Financing Activities	-9.4	-1.38	-0.7	-0.04	-
Financing Cash Flow	156.89	8.18	6.19	5.37	0.82
Foreign Exchange Rate Adjustments	0.26	-0.17	-0.66	0.45	-
Miscellaneous Cash Flow Adjustments	-	0	-	-	-
Net Cash Flow	48.5	-1.99	0.6	6.11	-12.87
Free Cash Flow	24.46	-10	-4.94	-1.76	-18.22
Free Cash Flow Margin	47.77%	-112.19%	-36.78%	-8.09%	-2028.66%
Free Cash Flow Per Share	0.35	-0.21	-0.11	-0.04	-0.41
Cash Interest Paid	-	1.03	0.18	-	-
Levered Free Cash Flow	-84.69	-5.15	-7.43	-2.29	-14.77
Unlevered Free Cash Flow	-81.65	-5.13	-7.41	-2.27	-14.77
Change in Working Capital	21.87	-0.64	2.39	-0.08	-7.26

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