Mako Mining Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	24.1	19.15	6.8	-11.98	9.96	-12.13
Depreciation & Amortization	8	7.89	13.6	20.53	7.25	0.13
Loss (Gain) From Sale of Assets	-	-	-	-	-12.01	-0.86
Stock-Based Compensation	1.36	1.02	0.65	0.54	0.34	0.62
Other Operating Activities	8.24	8.08	3.81	4.05	0.95	2.5
Change in Accounts Receivable	0.56	-0.08	0.41	-0.92	-0.15	1.34
Change in Inventory	-1.84	-5.85	-10.1	3.52	-4.05	0.19
Change in Accounts Payable	5.79	4.08	-2.92	0.66	0.72	1.46
Change in Other Net Operating Assets	0.76	0.15	0.22	-0.03	-0.43	-2.39
Operating Cash Flow	46.95	34.45	12.47	16.38	2.57	-9.13
Operating Cash Flow Growth	66.74%	176.25%	-23.86%	536.61%	-	-
Capital Expenditures	-20.98	-12.88	-4.76	-8.8	-6.29	-29.97
Sale of Property, Plant & Equipment	-	-	-	-	-	1.14
Divestitures	-	-	-	-	-0.01	-
Other Investing Activities	0.52	-0.31	-	-	-	-
Investing Cash Flow	-22.26	-13.19	-4.76	-8.8	-6.3	-28.83
Long-Term Debt Issued	-	-	8	-	14	15
Total Debt Issued	-	-	8	-	14	15
Long-Term Debt Repaid	-	-5.19	-14.31	-8.49	-11.51	-
Net Debt Issued (Repaid)	-2.49	-5.19	-6.31	-8.49	2.49	15
Issuance of Common Stock	2.63	2.52	-	-	0.62	17.69
Repurchase of Common Stock	-1.36	-4.7	-0.41	-0.5	-	-
Other Financing Activities	-0.63	-0.87	-0.03	-	-	2.61
Financing Cash Flow	-1.84	-8.23	-6.75	-8.99	3.12	35.3
Foreign Exchange Rate Adjustments	-0.16	-0.01	0.02	-0.02	-0.08	1.04
Net Cash Flow	22.69	13.02	0.98	-1.42	-0.69	-1.62
Free Cash Flow	25.97	21.57	7.71	7.58	-3.72	-39.09
Free Cash Flow Growth	42.28%	179.91%	1.66%	-	-	-
Free Cash Flow Margin	20.46%	23.43%	11.69%	11.96%	-10.47%	-2796.42%
Free Cash Flow Per Share	0.32	0.29	0.12	0.12	-0.06	-0.63
Cash Interest Paid	0.63	0.37	0.03	-	-	-
Levered Free Cash Flow	12.27	27.48	6.49	9.2	-15.61	-29.68
Unlevered Free Cash Flow	12.79	27.96	7.08	10.25	-14.8	-29.61
Change in Working Capital	5.26	-1.7	-12.39	3.23	-3.92	0.61

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