Terra Rossa Gold Cash Flow Statement

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

Millions CAD. 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	-1.13	-0.68	-0.58
Depreciation & Amortization	0.02	0.01	0.02
Loss (Gain) From Sale of Investments	0.03	0.03	-
Stock-Based Compensation	0.07	0.07	0.05
Other Operating Activities	-0.01	-0.01	0.07
Change in Accounts Receivable	-0.01	0.02	-0.02
Change in Accounts Payable	0.07	-0.07	0.07
Change in Other Net Operating Assets	-0.02	-0.07	0.05
Operating Cash Flow	-0.98	-0.69	-0.33
Long-Term Debt Repaid	-	-0.03	-0.03
Net Debt Issued (Repaid)	-0.03	-0.03	-0.03
Financing Cash Flow	5.78	-0.03	-0.03
Net Cash Flow	4.8	-0.72	-0.35
Levered Free Cash Flow	-	-0.42	-
Unlevered Free Cash Flow	-	-0.42	-
Change in Working Capital	0.05	-0.12	0.11

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