Newcore 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 - 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	-1.77	-5.27	-3.37	-2.63	-4.02	Upgrade
Depreciation & Amortization	0.04	0.02	0.01	0.01	0.01	Upgrade
Stock-Based Compensation	1.57	0.37	0.38	0.87	1.46	Upgrade
Other Operating Activities	-3.86	1.13	0.97	0.15	-0.1	Upgrade
Change in Accounts Receivable	-0.13	-0.14	-0.02	0.03	-0.01	Upgrade
Change in Accounts Payable	-0.04	1.17	-0.02	-0.59	0.14	Upgrade
Change in Other Net Operating Assets	-0.06	0.05	0.06	-0.04	-0.01	Upgrade
Operating Cash Flow	-4.26	-2.68	-1.99	-2.19	-2.53	Upgrade
Capital Expenditures	-15.28	-4.63	-2.71	-4.72	-15.84	Upgrade
Investment in Securities	-	-	3	1.75	7.19	Upgrade
Other Investing Activities	-	-	-	0.06	0.04	Upgrade
Investing Cash Flow	-15.28	-4.63	0.29	-2.9	-8.61	Upgrade
Issuance of Common Stock	19.5	8.88	5	5.55	11.58	Upgrade
Other Financing Activities	-1.06	-0.18	-0.08	-0.43	-0.91	Upgrade
Financing Cash Flow	18.44	8.69	4.92	5.12	10.67	Upgrade
Foreign Exchange Rate Adjustments	0.12	0.02	-0.06	-0.21	-0.04	Upgrade
Net Cash Flow	-0.97	1.4	3.16	-0.19	-0.5	Upgrade
Free Cash Flow	-19.54	-7.31	-4.7	-6.91	-18.36	Upgrade
Free Cash Flow Per Share	-0.08	-0.04	-0.03	-0.05	-0.17	Upgrade
Levered Free Cash Flow	-16.12	-5.02	-3.71	-6	-16.68	Upgrade
Unlevered Free Cash Flow	-16.12	-5.02	-3.71	-6	-16.68	Upgrade
Change in Working Capital	-0.24	1.08	0.02	-0.6	0.13	Upgrade

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