Western Copper and Gold Corporation (WRN) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -1.19M | -905.77K | 221.47K | -461.06K | -2.22M | -977.5K | -1.06M | -1.65M | -1.04M | -366.36K | -582.38K | -208.62K | -1.38M | -1.03M | -531.32K | -553.82K | -1.23M | -963.91K | -886.84K | -549.99K |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | 46.61% | 7.34% | 120.82% | 72.09% | -114.36% | -166.82% | -82.66% | -691.77% | 24.8% | 64.43% | -9.61% | 62.33% | -12.12% | -6.87% | 40.09% | -0.7% | 16.32% | -42.68% | -37.65% | 1.25% |
| Net Income | -2.55M | -963.62K | -890.29K | -628K | -637.07K | -1.59M | -680.74K | -3.04M | -1.61M | -532.49K | -823.03K | -872.18K | -1.11M | -1.39M | -706.63K | -1.28M | -1.62M | -525.83K | -909.86K | -1.18M |
| Depreciation & Amortization | 32.39K | 32.82K | 31.33K | 16.82K | 16.56K | 15.97K | 38.82K | 51.13K | 51.73K | 51.73K | 51.73K | 51.73K | 51.73K | 51.73K | 38.72K | 38.72K | 38.72K | 38.72K | 38.72K | 25.82K |
| Stock-Based Compensation | 0 | 0 | 474.13K | 747.85K | 641.8K | 533.22K | 586.66K | 690.29K | 642.96K | 167.56K | 558.97K | 146.69K | 207.01K | 287.33K | 309.77K | 380.87K | 569.74K | 233.63K | 600.19K | 209.65K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -197.48K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 921.59K | 250.88K | -529.06K | -984.42K | -773.95K | 151.13K | -346.28K | 429.08K | -273.95K | -416.25K | 5.84K | 48.64K | -32.85K | 99.37K | -200.92K | 71.08K | 2.96K | -841.65K | -448.66K | 10.92K |
| Working Capital Changes | 407.27K | -225.84K | 1.14M | 386.69K | -1.47M | -84.2K | -662.22K | 217.81K | 150.31K | 363.09K | -178.41K | 416.5K | -493.41K | -81.27K | 27.73K | 238.73K | -223.46K | 131.22K | -167.23K | 379.92K |
| Change in Receivables | -128.12K | 209.53K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 266.3K | -1.29M | 0 | -78.29K | 212.1K | 147.54K | 0 | 0 | -20.08K | -435.39K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -73.28M | 11.99M | -9.02M | 7.7M | -3.09M | -1.25M | -3.17M | -48.91M | -7.99M | 16.6M | 552.33K | -22.86M | 1.8M | -2.57M | -8.96M | -7.05M | -7.35M | -3.99M | -143.66K | -12.82M |
| Capital Expenditures | -3.19M | -5.38M | -6.06M | -4.78M | -4.33M | -4.95M | -3.17M | -3.79M | -1.92M | -6.73M | -5.62M | -4.36M | 0 | -5.57M | -8.96M | -4.01M | -2.35M | -4.05M | 0 | -1.82M |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 12.47M | 1.24M | 0 | 0 | 0 | 0 | 21M | 0 | -5M | -3.2M | 0 | 0 | -40K | 0 | 67.88K | -5.14M | 0 |
| Cash from Financing | 88.29M | 769.88K | 1.4M | 418.16K | 1.26M | -48.3K | -46.58K | 51.01M | 3.37M | 5.88M | -61.62K | 23.87M | 1.38M | -61.31K | -66.29K | 14.6K | 37.1K | -108.61K | 8.09M | 25.07M |
| Debt Issued (Net) | 0 | -47.44K | -31.63K | -11.34K | -19.29K | -17.96K | -46.58K | -62.02K | -61.62K | -61.62K | -61.62K | -61.42K | -61.02M | -61.31K | -66.29K | -40.73M | -40.73M | 0 | -40.73K | -27.15K |
| Equity Issued (Net) | 88.33M | 817.28K | 0 | 0 | 0 | 0 | 0 | 50.96M | 3.32M | 6M | 0 | 23.59M | 1.44M | 0 | 0 | 55.32K | 77.72K | 0 | 8.01M | 25.62M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -44.06K | 38 | 1.43M | 429.5K | 1.27M | -30.34K | 0 | 110.07K | 111.46K | -58.12K | 0 | 337.87K | 60.96M | 0 | 0 | 40.69M | 40.69M | -108.61K | 121.21K | -525.33K |
| Net Change in Cash | 23.57M | 1.81M | -7.4M | 7.65M | -4.06M | -2.28M | -4.28M | 444.66K | -5.66M | 22.12M | -91.67K | 802K | 1.8M | -3.66M | -9.56M | -7.59M | -8.54M | -5.06M | 7.06M | 11.71M |
| Free Cash Flow | -1.19M | -905.77K | -5.84M | -5.24M | -6.56M | -5.93M | -4.23M | -5.44M | -2.96M | -7.1M | -6.2M | -4.57M | -4.57M | -6.6M | -9.53M | -4.56M | -3.58M | -5.02M | -6.03M | -2.37M |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | 81.91% | 84.72% | -37.95% | 3.68% | -121.75% | 16.47% | 31.74% | -19.1% | 35.37% | -7.59% | 34.98% | -0.1% | -27.8% | -31.44% | -58.09% | -92.91% | -92.54% | -160.33% | -57.75% | -88.75% |
| FCF per Share | -0.01 | -0.00 | -0.03 | -0.03 | -0.03 | -0.03 | -0.02 | -0.03 | -0.02 | -0.04 | -0.04 | -0.03 | -0.03 | -0.04 | -0.06 | -0.03 | -0.02 | -0.03 | -0.04 | -0.02 |
| FCF Conversion (FCF/Net Income) | 0.65x | 0.94x | -0.25x | 0.73x | 3.49x | 0.61x | 1.56x | 0.54x | 0.64x | 0.69x | 0.71x | 0.24x | 1.24x | 0.74x | 0.75x | 0.43x | 0.76x | 1.83x | 0.97x | 0.47x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |