Majestic Gold Cash Flow Statement

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

Millions USD. 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	6.74	9.93	7.56	11.08	4.51
Depreciation & Amortization	10.57	10.02	6.66	7.1	4.37
Loss (Gain) From Sale of Assets	1.63	-0	0.16	-0	0.15
Stock-Based Compensation	1.79	-	-	-	-
Other Operating Activities	14.65	10.02	9.15	11	7.49
Change in Accounts Receivable	2.4	-0.6	-0.84	0.07	-0.1
Change in Inventory	-0.22	0.56	-0.45	0.17	1.43
Change in Accounts Payable	-7.64	-0.43	1.83	-5.8	-1.95
Change in Other Net Operating Assets	0.99	-0.96	0.42	6.67	-0.44
Operating Cash Flow	30.91	28.53	24.49	30.29	15.46
Operating Cash Flow Growth	8.35%	16.49%	-19.14%	95.93%	-58.02%
Capital Expenditures	-19.6	-7.98	-10.82	-7.43	-8.95
Sale of Property, Plant & Equipment	-	0	0	0	0.01
Cash Acquisitions	-0.94	-	-	-	-
Investment in Securities	-	-0.18	7.38	-7.38	-
Other Investing Activities	-0.25	-0.24	-0.23	-0.29	-0.21
Investing Cash Flow	-20.79	-8.39	-3.67	-15.1	-8.04
Short-Term Debt Issued	25.9	-	4.25	4.44	6.2
Total Debt Issued	25.9	-	4.25	4.44	6.2
Short-Term Debt Repaid	-9.67	-4.22	-4.25	-4.44	-6.2
Total Debt Repaid	-9.67	-4.22	-4.25	-4.44	-6.2
Net Debt Issued (Repaid)	16.23	-4.22	-	-	-
Repurchase of Common Stock	-	-	-	-0.04	-0.21
Common Dividends Paid	-5.48	-5.07	-	-	-
Other Financing Activities	43.17	-6.18	32.04	-1.45	-6.74
Financing Cash Flow	53.92	-15.47	32.04	-1.48	-6.95
Foreign Exchange Rate Adjustments	2.32	-1.9	-0.25	-3.2	0.63
Net Cash Flow	66.36	2.77	52.61	10.49	1.09
Free Cash Flow	11.31	20.55	13.67	22.85	6.51
Free Cash Flow Growth	-44.96%	50.30%	-40.17%	251.01%	-66.37%
Free Cash Flow Margin	12.67%	28.96%	24.85%	36.00%	16.93%
Free Cash Flow Per Share	0.01	0.02	0.01	0.02	0.01
Cash Interest Paid	0.71	0.11	0.19	0.14	0.46
Cash Income Tax Paid	11.14	10.17	2.9	4.79	1.56
Levered Free Cash Flow	22.1	16.12	12.54	12.78	-0.62
Unlevered Free Cash Flow	22.81	16.28	12.77	12.99	-0.31
Change in Working Capital	-4.47	-1.43	0.96	1.11	-1.06

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