Elemental Royalty Corporation (ELE)

Elemental Royalty Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-0.59	1.77	-0.36	-3.9	-18.21	-4.73
Depreciation & Amortization	19.66	16.36	7.22	6.9	5.45	2.88
Loss (Gain) From Sale of Assets	2.25	2.25	-0.37	-1.53	-	-
Asset Writedown & Restructuring Costs	2.02	2.02	0.44	0.29	4.48	-
Loss (Gain) From Sale of Investments	1.89	-0.77	0.01	-0.11	0.19	-
Loss (Gain) on Equity Investments	-2.2	-2.2	-2.04	-2.16	-0.07	-
Stock-Based Compensation	3.69	2.44	1.39	0.24	4.07	0.64
Provision & Write-off of Bad Debts	1.49	1.49	-	-	-	-
Other Operating Activities	0.81	1.29	1.56	2.78	3.29	3.02
Change in Accounts Receivable	11.81	5.6	-2.54	0.15	0.15	-1.16
Change in Accounts Payable	2.11	0.57	-0.48	-0.67	-0.07	0.46
Operating Cash Flow	42.93	30.81	4.82	1.99	-0.72	1.12
Operating Cash Flow Growth	512.19%	539.76%	141.65%	-	-	-39.41%
Capital Expenditures	-2	-1	-	-1.71	-12.67	-
Sale of Property, Plant & Equipment	1.91	1.91	0.28	-	0.06	-
Cash Acquisitions	3.1	3.1	-	-	7.88	-
Divestitures	-	-	0.05	0.48	-	-
Sale (Purchase) of Intangibles	-68.7	-68.7	-3.24	-3.86	-	-40.14
Investment in Securities	7.46	8.36	7.42	-0.46	1.34	-
Other Investing Activities	-0.06	0.01	-	-	-	0.02
Investing Cash Flow	-58.29	-56.33	4.51	-5.56	-3.39	-40.12
Long-Term Debt Issued	-	0.01	-	-	3.92	24.83
Total Debt Issued	0.01	0.01	-	-	3.92	24.83
Long-Term Debt Repaid	-	-28	-27	-0.03	-0.01	-
Total Debt Repaid	-25.03	-28	-27	-0.03	-0.01	-
Net Debt Issued (Repaid)	-25.02	-27.99	-27	-0.03	3.91	24.83
Issuance of Common Stock	106.08	102.67	12.76	-	14.93	12.67
Other Financing Activities	-1.09	-0.13	-1.87	-2.6	-3.08	-3.3
Financing Cash Flow	79.97	74.56	-16.11	-2.63	15.76	34.2
Foreign Exchange Rate Adjustments	-0.29	-0.35	-0.05	0	-0.28	-0.01
Net Cash Flow	64.32	48.69	-6.83	-6.19	11.37	-4.81
Free Cash Flow	40.93	29.81	4.82	0.29	-13.39	1.12
Free Cash Flow Growth	483.62%	518.92%	1589.83%	-	-	-39.41%
Free Cash Flow Margin	72.66%	68.30%	29.50%	2.43%	-138.92%	16.93%
Free Cash Flow Per Share	1.03	0.94	0.24	0.01	-1.28	0.17
Cash Interest Paid	0.41	0.41	1.98	2.65	-	-
Cash Income Tax Paid	3.2	3.2	1.27	1.63	-	-
Levered Free Cash Flow	-28.04	-44.62	-3.48	7.78	-22.49	-39.56
Unlevered Free Cash Flow	-27.72	-44.33	-2.21	9.44	-19.69	-37.67
Change in Working Capital	13.92	6.17	-3.02	-0.53	0.08	-0.7

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