Namib Minerals (NAMM)

Namib Minerals Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	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

Updated Feb 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q