Versamet Royalties Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-1.99	-2.45	-3.12
Asset Writedown & Restructuring Costs	8.35	8.35	2.05
Loss (Gain) From Sale of Investments	-14.06	-14.06	-4.83
Stock-Based Compensation	1.71	2.56	1.62
Provision & Write-off of Bad Debts	-	-	0.4
Other Operating Activities	16.03	12.13	4.49
Change in Accounts Receivable	-2.99	0.08	-0.1
Change in Accounts Payable	0.42	0.78	0.12
Operating Cash Flow	9.32	7.4	0.62
Operating Cash Flow Growth	1400.38%	1090.69%	-
Sale (Purchase) of Intangibles	-160.25	-0.08	-10.03
Investment in Securities	0	1.03	-52.5
Other Investing Activities	-	-	2.22
Investing Cash Flow	-160.25	0.96	-60.31
Long-Term Debt Issued	-	-	41.08
Long-Term Debt Repaid	-	-19	-6.33
Net Debt Issued (Repaid)	157.81	-19	34.75
Issuance of Common Stock	-	7.49	27.46
Other Financing Activities	-5.93	-1.99	-0.02
Financing Cash Flow	151.88	-13.49	62.19
Foreign Exchange Rate Adjustments	-0.05	-0.15	0.13
Net Cash Flow	0.9	-5.29	2.64
Cash Income Tax Paid	0.48	0.51	0.43
Levered Free Cash Flow	-	0.2	-
Unlevered Free Cash Flow	-	2.44	-
Change in Working Capital	-2.57	0.86	0.02

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