Mako Mining Corp. (MAKO)

Mako Mining Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	33.74	19.15	6.8	-11.98	9.96
Depreciation & Amortization	8.81	7.89	13.6	20.53	7.25
Loss (Gain) From Sale of Assets	-	-	-	-	-12.01
Stock-Based Compensation	1.97	1.02	0.65	0.54	0.34
Other Operating Activities	4.42	8.08	3.81	4.05	0.95
Change in Accounts Receivable	0.05	-0.08	0.41	-0.92	-0.15
Change in Inventory	-8.53	-5.85	-10.1	3.52	-4.05
Change in Accounts Payable	12.66	4.08	-2.92	0.66	0.72
Change in Other Net Operating Assets	-0.15	0.15	0.22	-0.03	-0.43
Operating Cash Flow	52.98	34.45	12.47	16.38	2.57
Operating Cash Flow Growth	53.77%	176.25%	-23.86%	536.61%	-
Capital Expenditures	-18.81	-12.88	-4.76	-8.8	-6.29
Cash Acquisitions	-	-0.31	-	-	-
Divestitures	-	-	-	-	-0.01
Investment in Securities	-1.8	-	-	-	-
Other Investing Activities	0.27	-	-	-	-
Investing Cash Flow	-20.34	-13.19	-4.76	-8.8	-6.3
Long-Term Debt Issued	-	-	8	-	14
Total Debt Issued	-	-	8	-	14
Long-Term Debt Repaid	-8.51	-5.5	-14.31	-8.49	-11.51
Net Debt Issued (Repaid)	-8.51	-5.5	-6.31	-8.49	2.49
Issuance of Common Stock	42	2.52	-	-	0.62
Repurchase of Common Stock	-1.36	-4.7	-0.41	-0.5	-
Other Financing Activities	-2.06	-0.56	-0.03	-	-
Financing Cash Flow	30.07	-8.23	-6.75	-8.99	3.12
Foreign Exchange Rate Adjustments	0.04	-0.01	0.02	-0.02	-0.08
Net Cash Flow	62.76	13.02	0.98	-1.42	-0.69
Free Cash Flow	34.17	21.57	7.71	7.58	-3.72
Free Cash Flow Growth	58.38%	179.91%	1.66%	-	-
Free Cash Flow Margin	23.01%	23.43%	11.69%	11.96%	-10.47%
Free Cash Flow Per Share	0.41	0.29	0.12	0.12	-0.06
Cash Interest Paid	-	0.06	0.03	-	-
Cash Income Tax Paid	7.64	2.64	-	-	-
Levered Free Cash Flow	19.92	27.7	6.49	9.2	-15.61
Unlevered Free Cash Flow	20.41	28.11	7.08	10.25	-14.8
Change in Working Capital	4.04	-1.7	-12.39	3.23	-3.92

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