Tertiary Minerals Cash Flow Statement

Financials in millions GBP. Fiscal year is October - September.

Millions GBP. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	2020 - 2016
Net Income	-0.58	-0.55	-0.54	-1.18	-0.41	Upgrade
Depreciation & Amortization	0	0	0.11	0.7	0.01	Upgrade
Stock-Based Compensation	0.01	0.03	0.02	0.03	0.01	Upgrade
Other Operating Activities	-0	-0	-0	-0	-0	Upgrade
Change in Accounts Receivable	-0.03	0.02	0	-0.04	-0.01	Upgrade
Change in Accounts Payable	0.03	0.07	-0.01	0	0.03	Upgrade
Change in Other Net Operating Assets	0.01	-	-	-	-	Upgrade
Operating Cash Flow	-0.57	-0.43	-0.42	-0.47	-0.36	Upgrade
Capital Expenditures	-0	-0.01	-0	-0	-0	Upgrade
Sale (Purchase) of Intangibles	-	-	0.16	-	-	Upgrade
Other Investing Activities	-0.5	-0.28	-0.24	-0.56	-0.24	Upgrade
Investing Cash Flow	-0.5	-0.29	-0.08	-0.56	-0.24	Upgrade
Short-Term Debt Repaid	-	-	-	-	-0.42	Upgrade
Total Debt Repaid	-	-	-	-	-0.42	Upgrade
Net Debt Issued (Repaid)	-	-	-	-	-0.42	Upgrade
Issuance of Common Stock	0.39	1.33	0.54	0.57	0.86	Upgrade
Financing Cash Flow	0.39	1.33	0.54	0.57	0.44	Upgrade
Foreign Exchange Rate Adjustments	-0.02	0.04	0.02	0.05	0	Upgrade
Net Cash Flow	-0.7	0.65	0.06	-0.41	-0.15	Upgrade
Free Cash Flow	-0.57	-0.43	-0.42	-0.47	-0.36	Upgrade
Free Cash Flow Margin	-282.80%	-267.12%	-233.41%	-277.40%	-216.93%	Upgrade
Levered Free Cash Flow	-0.35	-0.23	0.09	-0.19	-0.23	Upgrade
Unlevered Free Cash Flow	-0.35	-0.23	0.09	-0.19	-0.23	Upgrade
Change in Working Capital	0.01	0.09	-0.01	-0.03	0.02	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.