Gold Royalty Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021
Net Income	-26.76	-17.35	-15.01
Depreciation & Amortization	1.01	1.83	0.17
Share-Based Compensation	2.81	3.15	3
Other Operating Activities	16.06	-6.89	-0.11
Operating Cash Flow	-6.88	-19.26	-11.95
Capital Expenditures	-26.87	-18.08	-9.39
Acquisitions	-10	9.98	-58.25
Change in Investments	3.34	16.86	-1.59
Other Investing Activities	0.04	1.82	0.06
Investing Cash Flow	-33.49	10.58	-69.17
Dividends Paid	-2.6	-4.03	0
Share Issuance / Repurchase	1.39	0.86	90.98
Debt Issued / Paid	38.28	9.34	0
Other Financing Activities	-1.12	-0.34	-0.04
Financing Cash Flow	35.96	5.83	90.95
Exchange Rate Effect	0	0	0.04
Net Cash Flow	-4.4	-2.86	9.87
Free Cash Flow	-33.74	-37.34	-21.34
Free Cash Flow Margin	-1107.02%	-946.81%	-11115.63%
Free Cash Flow Per Share	-0.23	-0.29	-0.64

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).