What is Elemental Royalty's free cash flow?

Elemental Royalty had negative free cash flow of $37.89M in fiscal 2025 (fiscal year ended Dec 31, 2025), operating cash flow of $30.81M minus $68.70M of capital expenditures.

How much does Elemental Royalty spend on capital expenditures?

Elemental Royalty spent $68.70M on capital expenditures in fiscal 2025, compared with $3.09M a year earlier. That equals 223.0% of operating cash flow.

Does Elemental Royalty pay dividends or buy back shares?

Elemental Royalty's cash flow statement for fiscal 2025 shows no dividend payments or share repurchases.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment.

Elemental Royalty (ELE) Cash Flow: Operating & Free Cash Flow

Elemental Royalty Cash Flow Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Cash flow statement showing operating, investing, and financing activities for Elemental Royalty Corporation (ELE) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Mar 2025	Dec 2024	Mar 2024	Dec 2023	Mar 2023	Dec 2022	Mar 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Operating Activities
Net Income	1.77	-0.30	-0.36	-3.10	-3.90	-17.49	-18.21	-4.68	-4.73	-2.63	-2.40	-2.34	-3.26
Depreciation & Amortization	16.36	6.87	7.22	7.09	0.06	5.23	0.04	2.86	2.88	1.69	0.08	0.09	0.11
Deferred Income Tax	4.51	-0.01	1.32	0.00	1.29	0.00	-	0.00	-	0.00	0.00	0.00	0.00
Stock Based Compensation	2.44	0.00	1.39	0.00	0.24	0.00	4.07	0.00	0.64	0.74	0.00	0.00	0.00
Change in Working Capital	6.17	-2.87	-3.02	-0.88	-0.53	0.08	0.08	-0.69	-0.70	-0.11	0.38	0.19	0.04
Change in Accounts Receivable	5.60	-2.42	-2.54	0.15	0.15	0.14	0.15	-1.01	-1.16	-0.63	-0.10	-0.08	-0.14
Change in Inventory	0.00	0.00	-	0.00	-	0.00	-	0.00	-	0.00	-0.10	0.19	-0.15
Change in Accounts Payable	0.57	-0.46	-0.48	-1.03	-0.67	-0.06	-0.07	0.30	0.46	0.59	0.69	-0.08	0.26
Change in Other Working Capital	0.00	0.00	1.31	0.00	2.87	0.00	2.72	0.01	3.01	-0.06	-0.10	0.16	0.06
Other Operating Activities	-0.43	2.93	1.31	0.54	2.87	10.34	2.72	1.11	3.02	2.16	1.31	0.46	0.60
Net Cash from Operating Activities	30.81	6.62	4.82	3.66	1.99	-1.84	-0.72	-1.41	1.12	1.85	-0.63	-1.60	-2.51
Investing Activities
Capital Expenditures	-68.70	-3.09	-3.24	0.00	-5.57	-10.93	-12.67	-39.78	-40.14	-11.70	0.00	-0.01	-0.03
Acquisitions	3.10	0.05	-	0.49	-5.14	7.62	7.88	0.00	-	0.09	0.13	0.00	-0.52
Purchases of Investments	-1.00	0.00	7.42	-4.69	-0.46	0.00	1.34	0.00	-	0.00	0.00	0.00	0.00
Sales/Maturities of Investments	5.23	3.33	3.50	0.00	4.14	0.00	1.34	0.00	-40.14	-11.12	0.02	0.00	0.01
Other Investing Activities	5.04	0.27	0.67	0.00	-	0.00	-	0.00	0.02	0.02	0.00	0.00	0.00
Net Cash from Investing Activities	-56.33	0.56	4.51	-9.87	-5.56	-4.54	-3.39	-39.78	-40.12	-11.01	0.15	-0.49	-1.10
Financing Activities
Debt Repayment	-27.99	-25.70	-27.00	-0.03	-0.03	3.39	-0.01	24.61	-	-8.59	0.12	-0.03	-0.03
Common Stock Issued	102.67	12.06	12.76	-0.06	-	14.19	14.93	11.82	12.67	19.17	0.00	2.46	2.02
Other Financing Activities	-0.13	0.00	0.11	0.00	0.05	-0.01	-0.54	0.00	-3.30	-2.02	0.00	-0.10	0.00
Net Cash from Financing Activities	74.56	-13.64	-16.11	-0.09	-2.63	17.57	15.76	36.44	34.20	19.03	0.12	2.33	1.99
Summary
Effect of Forex Changes on Cash	-0.35	-0.32	-0.05	0.06	0.00	0.18	-0.28	-0.06	-0.01	0.24	-0.04	-0.03	0.09
Net Change in Cash	48.69	-6.78	-6.83	-6.24	-6.19	11.37	11.37	-4.82	-4.81	10.11	-0.39	0.21	-1.54
Cash at Beginning of Period	4.45	11.23	11.29	17.47	17.48	6.10	6.11	10.92	10.92	0.04	0.43	0.22	1.76
Cash at End of Period	53.14	4.45	4.45	11.23	11.29	17.47	17.48	6.10	6.11	10.92	0.04	0.43	0.22
Free Cash Flow	-37.89	3.54	1.58	3.66	-3.58	-12.77	-13.39	-1.41	1.12	1.85	-0.63	-1.60	-2.54
Supplemental Disclosures
Interest Paid	0.41	-	1.98	-	2.65	-	-	-	-	0.61	-	-	-
Income Taxes Paid	3.20	-	1.27	-	1.63	-	-	-	-	-	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Elemental Royalty (ELE) Cash Flow Statement

Elemental Royalty Cash Flow Statement Analysis

Frequently Asked Questions About Elemental Royalty Cash Flow