NorthX Nickel Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	2021 - 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	2021 - 2020
Net Income	-1.25	-35.79	-2.67	-2.45	-3.48	Upgrade
Depreciation & Amortization	0	0	0	0	0.15	Upgrade
Other Amortization	-	-	-	-	1.06	Upgrade
Loss (Gain) From Sale of Assets	0.15	-	-	-	-	Upgrade
Asset Writedown & Restructuring Costs	-	33.24	-	-	-	Upgrade
Loss (Gain) From Sale of Investments	-0.02	-	-	-	-	Upgrade
Stock-Based Compensation	0.14	0.53	1.51	1.47	0.39	Upgrade
Other Operating Activities	-	0.51	-1.03	-1.47	-	Upgrade
Change in Accounts Receivable	0.02	0.21	0.38	-0.49	-0.09	Upgrade
Change in Accounts Payable	-0.05	-0.12	0.01	0.13	0.01	Upgrade
Change in Other Net Operating Assets	0.04	0.07	-0.14	-0.76	-0.31	Upgrade
Operating Cash Flow	-0.96	-1.35	-1.94	-3.57	-2.26	Upgrade
Capital Expenditures	-0.09	-1.66	-6.58	-6.62	-0.11	Upgrade
Sale of Property, Plant & Equipment	0	-	-	-	-	Upgrade
Investment in Securities	0.02	-	-	-	-	Upgrade
Other Investing Activities	-0.06	-1.18	1.61	2.65	-	Upgrade
Investing Cash Flow	-0.13	-2.84	-4.97	-3.97	-0.11	Upgrade
Issuance of Common Stock	0.7	1.3	6.97	7.51	2.01	Upgrade
Other Financing Activities	0.57	0.89	2.07	1.87	-0.16	Upgrade
Financing Cash Flow	1.27	2.19	9.04	9.38	1.85	Upgrade
Net Cash Flow	0.19	-2	2.13	1.84	-0.52	Upgrade
Free Cash Flow	-1.05	-3.01	-8.52	-10.2	-2.37	Upgrade
Free Cash Flow Per Share	-0.03	-0.12	-0.60	-0.74	-1.44	Upgrade
Levered Free Cash Flow	-0.59	-3.54	-	-7.63	0.67	Upgrade
Unlevered Free Cash Flow	-0.59	-3.54	-	-7.57	0.67	Upgrade
Change in Working Capital	0.01	0.16	0.25	-1.12	-0.38	Upgrade

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