Americas Gold and Silver Corporation (USAS) 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 | 21.62M | 8.6M | -10.69M | 5.18M | -7.03M | -5.47M | -46K | 2.27M | 171K | 2.54M | 728K | -5.94M | 1.66M | 332K | -6.66M | 6.97M | -1.82M | -9.79M | -9.25M | -15.59M |
| Operating CF Margin % | 32.21% | 23.34% | -34.95% | 19.22% | -29.86% | -19.49% | -0.22% | 6.85% | 0.82% | 8.31% | 3.99% | -24.54% | 7.51% | 1.63% | -36.37% | 34.95% | -6.9% | -68.69% | -85.26% | -163.86% |
| Operating CF Growth % | 407.5% | 257.35% | -23147.83% | 127.52% | -4211.7% | -315.02% | -106.32% | 138.27% | -89.7% | 665.96% | 110.93% | -185.26% | 191.06% | 103.39% | 28.02% | 144.72% | 88.82% | -288.57% | 1.34% | -83.27% |
| Net Income | 9.84M | -37.72M | -15.71M | -15.1M | -18.92M | -12.57M | -16.16M | -4M | -16.16M | -9.94M | -8.89M | -6.39M | -9.74M | -10.96M | -22.75M | -7.48M | -1.41M | -32.39M | -18.6M | -16.99M |
| Depreciation & Amortization | 6.46M | 5.52M | 10.85M | 2.49M | 2.37M | 5.47M | 2.51M | 2.51M | 2.42M | 5.63M | 5.2M | 5.35M | 5.26M | 0 | 4.82M | 6.06M | 5.84M | 0 | 0 | 3.43M |
| Stock-Based Compensation | 0 | 3.06M | 2.81M | 2.8M | 3.4M | 820K | 192K | 220K | 222K | 452K | 259K | 314K | 871K | 478K | 484K | 598K | 1.05M | 910K | 1.72M | 667K |
| Deferred Taxes | 0 | 3.83M | 702K | 121K | -28K | 210K | 198K | 286K | -15K | 0 | 0 | 0 | 0 | 723K | 0 | 0 | 0 | -1.74M | 52K | 0 |
| Other Non-Cash Items | 19.02M | 27.88M | 3.92M | 10.94M | 11.62M | -289K | 11.1M | 8.55M | 8.51M | 10.55M | -2.13M | -1.36M | 4.55M | 12.07M | 10.61M | 4.06M | -4.71M | 26.95M | 8.98M | 9.5M |
| Working Capital Changes | -13.7M | 6.04M | -13.28M | 3.93M | -5.47M | 885K | 2.11M | -5.29M | 5.19M | -4.16M | 6.29M | -3.85M | 722K | -1.98M | 180K | 3.73M | -2.6M | -3.52M | -1.41M | -12.19M |
| Change in Receivables | -12.86M | 1.82M | -172K | -137K | -3.16M | 346K | 4.21M | -3.49M | 1.32M | -4.58M | 8.14M | -3.39M | 1.9M | -7.13M | 245K | 6.74M | -3.2M | -3.19M | 811K | -371K |
| Change in Inventory | -844.14K | -559K | -3.51M | -1.06M | 1.67M | -2.31M | -978K | 497K | -553K | -341K | -1.47M | 220K | -1.68M | -1.56M | 33K | -1.48M | 346K | 502K | -3M | -10.87M |
| Change in Payables | -445.74K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -22.49M | -40.48M | -11M | -10.21M | -6.56M | -5.28M | -4.09M | -4.71M | -4.81M | -3.14M | -4.41M | -4.82M | -5.76M | -5.84M | -5.79M | -4.49M | -3.48M | -3.69M | -3.6M | -2.21M |
| Capital Expenditures | -22.49M | -40.48M | -11M | -10.21M | -7.56M | -5.28M | -4.09M | -4.71M | -4.81M | -4.08M | -4.47M | -5.63M | -5.76M | -5.84M | -5.79M | -4.49M | -3.48M | -3.69M | -3.6M | -2.21M |
| CapEx % of Revenue | 33.51% | 109.8% | 35.95% | 37.9% | 32.1% | 18.8% | 19.46% | 14.17% | 23.08% | 13.32% | 24.49% | 23.24% | 26.09% | 28.76% | 31.64% | 22.48% | 13.16% | 25.88% | 33.12% | 23.18% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 2.7K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 1K | 0 | 997K | 0 | 0 | 0 | 0 | 938K | 60K | 810K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -6.58M | 121.43M | -2.39M | 62.02M | 3.87M | 19.64M | 8.44M | 1.69M | 5.4M | 2.55M | 2.2M | 9.93M | 5.64M | 6.25M | 2.9M | -1.07M | 9.36M | 14.14M | 14.93M | 14.29M |
| Debt Issued (Net) | -1.78M | -4.79M | -1.51M | 52.01M | 340K | -4.59M | 8.55M | 343K | 81K | 4.25M | -2.08M | 4.82M | 1.62M | 3.02M | -851K | -2.11M | -2.29M | 3.51M | -2.31M | -804K |
| Equity Issued (Net) | 4.84M | 131.18M | 1.88M | 14.6M | 3.57M | 42.23M | 21.46K | 263K | 5.19M | -15K | 0 | -8K | 0 | 2.53M | 0 | 0 | 0 | 9.46M | 17.23M | 0 |
| 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 | -15K | 0 | -8K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -9.65M | -4.96M | -2.76M | -4.6M | -34K | -18M | -124.16K | 1.08M | 130K | -1.68M | 4.28M | 5.12M | 4.02M | 704K | 3.75M | 1.03M | 11.65M | 1.17M | 0 | 15.09M |
| Net Change in Cash | -6.72M | 90.68M | -22.58M | 53.07M | -11.25M | 12.79M | 3.57M | -267K | 1.84M | 1.17M | -737K | -1.77M | 1.43M | -442K | -6.42M | 1.68M | 4.24M | 363K | 1.42M | -2.95M |
| Free Cash Flow | -872.74K | -31.87M | -21.69M | -5.03M | -14.59M | -10.74M | -4.1M | -2.43M | -4.64M | -1.53M | -3.74M | -11.57M | -4.1M | -5.51M | -12.45M | 2.49M | -5.3M | -13.48M | -12.85M | -17.8M |
| FCF Margin % | -1.3% | -86.46% | -70.9% | -18.68% | -61.96% | -38.29% | -19.51% | -7.32% | -22.26% | -5.01% | -20.51% | -47.78% | -18.58% | -27.12% | -68.01% | 12.47% | -20.06% | -94.57% | -118.38% | -187.04% |
| FCF Growth % | 94.02% | -196.7% | -428.94% | -106.83% | -214.28% | -601.24% | -9.54% | 78.99% | -13.11% | 72.21% | 69.94% | -565.38% | 22.61% | 59.1% | 3.07% | 113.97% | 72.76% | -185.15% | -8.96% | 26.65% |
| FCF per Share | -0.00 | -0.12 | -0.08 | -0.02 | -0.06 | -0.04 | -0.02 | -0.01 | -0.02 | -0.01 | -0.02 | -0.05 | -0.02 | -0.03 | -0.07 | 0.01 | -0.03 | -0.08 | -0.09 | -0.13 |
| FCF Conversion (FCF/Net Income) | 2.20x | -0.23x | 0.68x | -0.34x | 0.37x | 0.47x | 0.00x | -0.47x | -0.01x | -0.26x | -0.08x | 0.93x | -0.17x | -0.03x | 0.29x | -0.93x | 1.29x | 0.31x | 0.51x | 0.92x |
| Interest Paid | 0 | 3.21M | 484K | 396K | 545K | 1.03M | 731K | 665K | 818K | 548K | 683K | 585K | 475K | 1.38M | 289K | 473K | 492K | 620K | 491K | 326K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |