Q2 Metals Cash Flow Statement

Financials in millions CAD. Fiscal year is March - February.

Millions CAD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Net Income	-2.84	-5.45	-0.2	-1.9	-2.25	-0.16
Stock-Based Compensation	3.5	4.77	1.04	0.94	0.83	0.09
Other Adjustments	-3.01	-0.8	-1.56	-0	0.82	-0.02
Changes in Accounts Payable	-0.15	-0.07	-0.11	0.08	0.02	0.03
Changes in Other Operating Activities	-0.98	0.09	-0.76	0.14	-0.23	-0
Operating Cash Flow	-3.05	-1.47	-1.59	-0.75	-0.82	-0.07
Purchases of Intangible Assets	-13.05	-8.27	-5.98	-0.44	-0.05	-0.07
Payments for Business Acquisitions	-	-	-	-	-0.28	-
Investing Cash Flow	-13.2	-8.27	-5.98	-0.44	-0.32	-0.07
Long-Term Debt Issued	-	-	-	-	0.02	-
Long-Term Debt Repaid	-	-	-0.03	-	-0.01	-
Net Long-Term Debt Issued (Repaid)	-	-	-0.03	-	0.01	-
Issuance of Common Stock	19.87	16.25	1.46	12.25	2.04	0.18
Net Common Stock Issued (Repurchased)	19.87	16.25	1.46	12.25	2.04	0.18
Financing Cash Flow	32.06	16.25	1.43	12.25	2.04	0.18
Net Cash Flow	15.82	6.51	-6.14	11.06	0.9	0.03
Free Cash Flow	-3.05	-1.47	-1.59	-0.75	-0.82	-0.07
Free Cash Flow Per Share	-0.02	-0.01	-0.02	-0.02	-0.06	-0.02
Levered Free Cash Flow	-11.27	-5.43	-1.09	-1.68	-2.45	-0.14
Unlevered Free Cash Flow	-5.67	-6.74	-3.07	-1.68	-1.63	-0.15

Updated Nov 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.