Thesis Gold Cash Flow Statement

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

Millions CAD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Nov '24 Nov 30, 2024	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021	Feb '20 Feb 29, 2020	2015 - 2019
Net Income	-1.37	0.89	-4.86	-12.35	-4.76	-3.85	Upgrade
Depreciation & Amortization	0.04	-	-	-	-	1.85	Upgrade
Stock-Based Compensation	1.19	0.1	0.31	8.94	3.13	0.11	Upgrade
Other Operating Activities	-3.3	-4.1	1.43	0.22	-0.54	-0.26	Upgrade
Change in Accounts Receivable	-2.05	7.02	0.85	-0.96	0.1	0.05	Upgrade
Change in Accounts Payable	-2.35	0.73	-8.33	6.92	1	-0.27	Upgrade
Change in Other Net Operating Assets	1.73	-0.16	0.71	-0.64	-0.03	0.7	Upgrade
Operating Cash Flow	-6.11	4.48	-9.89	2.12	-1.1	-1.67	Upgrade
Capital Expenditures	-21.98	-32.82	-23.23	-48.24	-24.91	-5.26	Upgrade
Cash Acquisitions	-	8.26	-	-	-	-0.31	Upgrade
Investment in Securities	-0.03	-	-	-	-	-	Upgrade
Other Investing Activities	1.29	-0.18	-0.55	-0.56	-0.07	-0.11	Upgrade
Investing Cash Flow	-20.71	-24.74	-23.79	-48.8	-24.98	-5.68	Upgrade
Long-Term Debt Repaid	-	-	-	-0.02	-	-	Upgrade
Net Debt Issued (Repaid)	-	-	-	-0.02	-	-	Upgrade
Issuance of Common Stock	20.95	11.24	20.87	46.73	53.27	18.42	Upgrade
Other Financing Activities	-1.6	-0.91	-1.48	-2.66	-3.24	-1.29	Upgrade
Financing Cash Flow	19.35	10.33	19.39	44.04	50.04	17.14	Upgrade
Net Cash Flow	-7.47	-9.93	-14.29	-2.64	23.95	9.79	Upgrade
Free Cash Flow	-28.09	-28.34	-33.12	-46.11	-26.02	-6.92	Upgrade
Free Cash Flow Per Share	-0.15	-0.21	-0.38	-0.70	-0.50	-0.25	Upgrade
Levered Free Cash Flow	-28.21	-27.69	-34.85	-47.79	-24.84	-3.4	Upgrade
Unlevered Free Cash Flow	-28.21	-27.69	-34.85	-47.79	-24.84	-3.4	Upgrade
Change in Net Working Capital	4.37	-7.65	9.55	0.88	-0.36	-1.6	Upgrade

Updated Jan 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.