Guardian Exploration 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 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Net Income	-2.73	-0.55	-0.16	-1.54	-0.63	Upgrade
Depreciation & Amortization	0.01	0	-0.02	0.04	0.01	Upgrade
Stock-Based Compensation	0.18	0.04	0.01	0.37	0.24	Upgrade
Other Operating Activities	1.19	-0.08	-0.23	0.87	0.02	Upgrade
Change in Accounts Receivable	-0.04	-0.03	-	-	-	Upgrade
Change in Accounts Payable	0.54	0.03	-	-0.01	0.08	Upgrade
Change in Other Net Operating Assets	-0.01	0.02	0.01	-0.01	-0	Upgrade
Operating Cash Flow	-0.87	-0.56	-0.39	-0.29	-0.28	Upgrade
Capital Expenditures	-0.18	-	-	-0.05	-0.01	Upgrade
Other Investing Activities	-0.04	0.05	-	-	-	Upgrade
Investing Cash Flow	-0.22	0.05	-	-0.05	-0.01	Upgrade
Short-Term Debt Issued	-	-	0.44	0.19	0.2	Upgrade
Long-Term Debt Issued	1.09	0.5	-	-	-	Upgrade
Total Debt Issued	1.09	0.5	0.44	0.19	0.2	Upgrade
Long-Term Debt Repaid	-	-	-0.04	-	-	Upgrade
Net Debt Issued (Repaid)	1.09	0.5	0.4	0.19	0.2	Upgrade
Issuance of Common Stock	-	-	-	-	0.31	Upgrade
Other Financing Activities	-	-	-	-0.03	-0.04	Upgrade
Financing Cash Flow	1.09	0.5	0.4	0.15	0.46	Upgrade
Net Cash Flow	-	-0.01	0.01	-0.19	0.17	Upgrade
Free Cash Flow	-1.05	-0.56	-0.39	-0.34	-0.3	Upgrade
Free Cash Flow Per Share	-0.01	-0.01	-0.00	-0.00	-0.00	Upgrade
Levered Free Cash Flow	-0.59	-0.3	-0.4	-0.18	0.12	Upgrade
Unlevered Free Cash Flow	-0.52	-0.29	-0.38	-0.18	0.13	Upgrade
Change in Working Capital	0.49	0.03	0.01	-0.02	0.07	Upgrade

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