Apollo Silver Cash Flow Statement

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	2020 - 2016
Net Income	-9.38	-2.99	-4.15	-11.02	-2.71	Upgrade
Depreciation & Amortization	0.14	0.14	0.14	0.13	0.11	Upgrade
Loss (Gain) From Sale of Assets	-0	0.01	-	-	0.01	Upgrade
Stock-Based Compensation	2.14	0.04	0.16	1.37	1.97	Upgrade
Other Operating Activities	-0.06	0.04	-0.08	-1.76	-1.89	Upgrade
Change in Accounts Receivable	-0.14	-0.01	0.01	-0.54	-0.03	Upgrade
Change in Accounts Payable	0.16	0.06	-1.9	1.86	-0.58	Upgrade
Change in Other Net Operating Assets	-1.66	-0.16	0.13	0.83	-0.98	Upgrade
Operating Cash Flow	-8.81	-2.87	-5.68	-9.12	-4.1	Upgrade
Capital Expenditures	-0.02	-0.01	-0	-0.17	-36.18	Upgrade
Sale of Property, Plant & Equipment	0	-	-	-	-	Upgrade
Investing Cash Flow	-0.01	-0.01	-0	-0.17	-36.18	Upgrade
Long-Term Debt Repaid	-0.09	-0.1	-0.09	-0.07	-0	Upgrade
Net Debt Issued (Repaid)	-0.09	-0.1	-0.09	-0.07	-0	Upgrade
Issuance of Common Stock	26.98	13.53	-	2.86	53.36	Upgrade
Other Financing Activities	-0.13	-0.42	-0.03	-0.04	-3.47	Upgrade
Financing Cash Flow	26.76	13.01	-0.12	2.75	49.88	Upgrade
Foreign Exchange Rate Adjustments	0.08	-0.01	0	0.15	0.01	Upgrade
Net Cash Flow	18.02	10.12	-5.8	-6.38	9.62	Upgrade
Free Cash Flow	-8.82	-2.88	-5.69	-9.29	-40.28	Upgrade
Free Cash Flow Per Share	-0.18	-0.08	-0.16	-0.27	-2.10	Upgrade
Cash Interest Paid	0.03	0.02	0.03	0.04	-	Upgrade
Levered Free Cash Flow	-5.3	-1.83	-4.23	-3.98	-37.9	Upgrade
Unlevered Free Cash Flow	-5.28	-1.82	-4.21	-3.96	-37.9	Upgrade
Change in Working Capital	-1.64	-0.1	-1.76	2.15	-1.59	Upgrade

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