Max Resource 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	-5.67	-7.58	-5.65	-5.08	-5.21	Upgrade
Depreciation & Amortization	0.13	4.25	0.05	0.02	0.68	Upgrade
Stock-Based Compensation	2.07	-	1.63	0.67	1.06	Upgrade
Other Operating Activities	-0.02	-0.2	0.29	-	0.19	Upgrade
Change in Accounts Receivable	0	0.14	-0.13	-	-	Upgrade
Change in Accounts Payable	0.81	-0.13	0.28	-0.25	0.18	Upgrade
Change in Income Taxes	0.1	0.04	-0.13	0.14	-0.13	Upgrade
Change in Other Net Operating Assets	-0.04	-0.04	0.09	0.05	-0.23	Upgrade
Operating Cash Flow	-2.62	-3.52	-3.57	-4.44	-3.44	Upgrade
Capital Expenditures	-6.66	-5.67	-6.54	-1.38	-1.25	Upgrade
Sale of Property, Plant & Equipment	5.09	-	-	-	-	Upgrade
Cash Acquisitions	-	0.01	-	-	-	Upgrade
Investing Cash Flow	-1.57	-5.66	-6.54	-1.38	-1.25	Upgrade
Short-Term Debt Issued	-	0.03	-	-	-	Upgrade
Total Debt Issued	-	0.03	-	-	-	Upgrade
Short-Term Debt Repaid	-0.03	-	-	-	-	Upgrade
Long-Term Debt Repaid	-0.05	-0.14	-	-	-	Upgrade
Total Debt Repaid	-0.08	-0.14	-	-	-	Upgrade
Net Debt Issued (Repaid)	-0.08	-0.1	-	-	-	Upgrade
Issuance of Common Stock	2.01	-	24.59	1.91	9.09	Upgrade
Other Financing Activities	-	-	0.33	-	-0.39	Upgrade
Financing Cash Flow	1.92	-0.1	24.93	1.91	8.7	Upgrade
Net Cash Flow	-2.27	-9.29	14.81	-3.91	4.01	Upgrade
Free Cash Flow	-9.29	-9.19	-10.11	-5.82	-4.69	Upgrade
Free Cash Flow Per Share	-0.05	-0.06	-0.07	-0.06	-0.13	Upgrade
Levered Free Cash Flow	-5.79	-6.75	-7.32	-3.86	-3.09	Upgrade
Unlevered Free Cash Flow	-5.79	-6.73	-7.32	-3.86	-3.09	Upgrade
Change in Net Working Capital	-2.29	0.28	-0.97	0.06	0.3	Upgrade

Updated Nov 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.