Namib Minerals Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	108.51	14.5	8.88
Depreciation & Amortization	7.27	4.14	2.71
Stock-Based Compensation	0.24	2.83	-
Other Adjustments	-96.39	5.87	8.87
Change in Receivables	-4.53	-5.18	-3.91
Changes in Inventories	-0.75	-1.06	-0.76
Changes in Accounts Payable	10.92	6.98	4.76
Changes in Income Taxes Payable	-10.39	-7.75	-0.94
Changes in Other Operating Activities	-1.09	-1.2	-4.69
Operating Cash Flow	13.79	19.13	14.92
Operating Cash Flow Growth	-27.91%	28.21%	-
Capital Expenditures	-11.92	-9.69	-6.35
Purchases of Intangible Assets	-0.44	-0.3	-0.19
Other Investing Activities	-0.04	-0.07	0.92
Investing Cash Flow	-12.39	-10.07	-5.63
Short-Term Debt Issued	1.01	-	-
Net Short-Term Debt Issued (Repaid)	1.01	-	-
Long-Term Debt Issued	3	2.57	4.06
Long-Term Debt Repaid	-3.21	-3.2	-5.21
Net Long-Term Debt Issued (Repaid)	-0.21	-0.63	-1.15
Common Dividends Paid	-	-9.02	-7.92
Financing Cash Flow	0.8	-9.65	-9.07
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.01	-0.01	-0.01
Net Cash Flow	2.2	-0.59	0.22
Free Cash Flow	1.88	9.44	8.57
Free Cash Flow Growth	-80.13%	10.20%	-
FCF Margin	2.27%	10.99%	13.17%
Free Cash Flow Per Share	0.03	0.19	0.18
Levered Free Cash Flow	96.03	-5.62	-2.79
Unlevered Free Cash Flow	97.04	-4.94	1.9

SEC Filings: 10-K · 10-Q