Velocity Minerals 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	-2.2	-1.9	-1.8	-2.66	-2.49	Upgrade
Depreciation & Amortization	1	0.03	0.13	0.05	0.01	Upgrade
Stock-Based Compensation	0.22	0.27	0.29	0.25	0.14	Upgrade
Other Operating Activities	21.88	0.2	-0.06	-0.11	0.11	Upgrade
Change in Accounts Receivable	-0.18	0.28	-0.03	0.02	-0.04	Upgrade
Change in Accounts Payable	0.55	0.11	0.12	0.13	-0.16	Upgrade
Change in Other Net Operating Assets	-0.01	-0.01	0	0	0.1	Upgrade
Operating Cash Flow	21.27	-1.02	-1.35	-2.31	-2.33	Upgrade
Capital Expenditures	-3.42	-2.25	-3.02	-1.5	-5.46	Upgrade
Other Investing Activities	-17.32	1.15	2.3	0.02	0.02	Upgrade
Investing Cash Flow	-20.74	-1.1	-0.72	-1.49	-5.44	Upgrade
Long-Term Debt Issued	0.06	0.1	0.05	0.02	-	Upgrade
Total Debt Issued	0.06	0.1	0.05	0.02	-	Upgrade
Long-Term Debt Repaid	-0.07	-0.11	-0.13	-0.09	-0.06	Upgrade
Total Debt Repaid	-0.07	-0.11	-0.13	-0.09	-0.06	Upgrade
Net Debt Issued (Repaid)	-0.01	-0.02	-0.08	-0.08	-0.06	Upgrade
Issuance of Common Stock	1.32	0.09	4.08	-	0.85	Upgrade
Other Financing Activities	0.03	0.06	0.16	0.26	1.11	Upgrade
Financing Cash Flow	1.34	0.13	4.15	0.19	1.9	Upgrade
Net Cash Flow	1.87	-1.99	2.09	-3.61	-5.87	Upgrade
Free Cash Flow	17.84	-3.27	-4.37	-3.82	-7.79	Upgrade
Free Cash Flow Per Share	0.09	-0.02	-0.03	-0.02	-0.05	Upgrade
Cash Interest Paid	0.1	-	0	-	-	Upgrade
Cash Income Tax Paid	0.27	-	-	-	-	Upgrade
Levered Free Cash Flow	-2.84	-3.24	-3.45	-2.86	-7.13	Upgrade
Unlevered Free Cash Flow	-2.74	-3.23	-3.44	-2.85	-7.03	Upgrade
Change in Working Capital	0.36	0.39	0.09	0.16	-0.11	Upgrade

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