Mayfair Gold 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 - 2019
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 - 2019
Net Income	-9.96	-12.68	-15.95	-18.23	-10.28	Upgrade
Depreciation & Amortization	0.03	0.06	0.08	0.15	0.09	Upgrade
Stock-Based Compensation	0.82	0.61	2.51	3.28	0.56	Upgrade
Other Operating Activities	-0.05	-1.27	-2.68	-3.03	-2.59	Upgrade
Change in Accounts Receivable	0.04	0.08	0.12	-0.22	-0.17	Upgrade
Change in Accounts Payable	0.42	-0.53	-0.69	1.2	0.42	Upgrade
Change in Other Net Operating Assets	-0.18	-0.1	-0.14	0.5	-0.58	Upgrade
Operating Cash Flow	-8.89	-13.84	-16.76	-16.35	-12.56	Upgrade
Capital Expenditures	-0.01	-0	-0.03	-0.12	-0.19	Upgrade
Investment in Securities	0.04	-	-	-	-	Upgrade
Investing Cash Flow	0.04	-0	-0.03	-0.12	-0.19	Upgrade
Long-Term Debt Repaid	-	-	-0.01	-0.06	-0.02	Upgrade
Net Debt Issued (Repaid)	-	-	-0.01	-0.06	-0.02	Upgrade
Issuance of Common Stock	40.12	10	24.69	11.99	22.67	Upgrade
Other Financing Activities	-2.61	-0.14	-1.17	-0.72	-	Upgrade
Financing Cash Flow	37.51	9.87	23.51	11.21	22.65	Upgrade
Foreign Exchange Rate Adjustments	0	-	-0.01	0.01	-0	Upgrade
Net Cash Flow	28.66	-3.97	6.71	-5.24	9.9	Upgrade
Free Cash Flow	-8.9	-13.84	-16.78	-16.46	-12.74	Upgrade
Free Cash Flow Per Share	-0.15	-0.27	-0.36	-0.40	-0.34	Upgrade
Levered Free Cash Flow	-5.46	-7.95	-9.35	-9.24	-6.73	Upgrade
Unlevered Free Cash Flow	-5.46	-7.95	-9.35	-9.24	-6.73	Upgrade
Change in Working Capital	0.27	-0.55	-0.71	1.48	-0.33	Upgrade

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