Almonty Industries Inc.

AII.TOTSXBasic Materials● Active

$23.22

+$0.52(+2.27%)

Market Cap$6.6B

P/E Ratio—

52W High$33.35

52W Low$4.36

Avg Volume901K

Open$24.10

Beta2.01

Free Cash Flow Financials Revenue

Almonty Industries Inc. (AII.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

AII.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

AII.TO · FCF · TTM · margin & CAGR

Free cash flow was −$80.0M for FY2025 (fiscal year ending 2025-12-31), down 82.9% year-over-year The FCF margin was -246.0%.

FY2025 Free Cash Flow−$80.0M▼ -82.9% YoY

Trailing 12M (TTM)−$82.4Mtrailing 4 quarters sum

FCF Margin-246.0%−$80.0M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

AII.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$19.1M(61M)−$80.0M▼ 82.9%-246.0%

FY2024−$7.5M(36M)−$43.7M▼ 49.8%-151.7%

FY2023−$11.7M(17M)−$29.2M▼ 3.0%-129.7%

FY2022−$5.6M(23M)−$28.3M▼ 53.6%-114.2%

FY2021−$8.4M(10M)−$18.4M▼ 65.8%-88.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

AII.TO · P/FCF · FCF yield · FCF per share

Almonty Industries Inc. (AII.TO) reported negative free cash flow of −$0.08B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

AII.TO · cash flow statement · operating / investing / financing

For FY2025, Almonty Industries Inc. generated −$19.1M in operating cash flow and spent 61M in capital expenditures, yielding −$80.0M in free cash flow.

Operating Activities

−$19.1M

Cash from core business operations

2025-12-31

Investing Activities

−$62.3M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$342.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$19.1M) − |CapEx| (61M) = FCF (−$80.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Basic Materials)

AII.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Almonty Industries Inc.YOU

AII.TO

−$80.0M-82.9%-246.0%

Loss

Southern Copper Corporation

Basic Materials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Almonty Industries Inc. (AII.TO) reported free cash flow of −$80.0M for FY2025 (fiscal year ending 2025-12-31), down 82.9% year-over-year. The FCF margin was -246.0%.

Based on available data, Almonty Industries Inc. has maintained positive free cash flow for at least 2 fiscal year(s). FCF peaked at $4.7M in FY2018.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

AII.TO free cash flow · 8 questions

Almonty Industries Inc. free cash flow was −$80.0M for FY2025, down 82.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$82.4M.

AII.TO free cash flowAII.TO FCFAII.TO FCF 2025AII.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Almonty Industries Inc. · Almonty Industries Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026