Financials Alamos Gold Inc.

Equities

AGI

CA0115321089

Gold

Market Closed - Toronto S.E. Other stock markets 21:00:00 13/02/2026 GMT			5-day change	1st Jan Change
61.61 ^CAD	+7.20%		+12.26%	+16.25%

02-13	Diary - Canada corporate earnings week ahead	RE
02-05	Alamos Gold Maintained at Buy at Stifel Canada After Island Gold Update; Price Target Kept at C$65.00	MT

Projected Income Statement: Alamos Gold Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	748.1	823.6	821.2	1,023	1,347	1,816	2,800	3,210
Change	-	10.09%	-0.29%	24.61%	31.62%	34.81%	54.23%	14.63%
EBITDA ¹	381.7	402	351.7	486.4	691.5	1,109	1,982	2,398
Change	-	5.32%	-12.51%	38.3%	42.17%	60.32%	78.81%	20.98%
EBIT ¹	227.6	14.9	111.5	318.1	561.9	1,015	1,619	1,760
Change	-	-93.45%	648.32%	185.29%	76.64%	80.66%	59.46%	8.73%
Interest Paid ¹	-4.3	-4.5	-5.7	-2.5	-3.8	-10	-1.967	-6.45
Earnings before Tax (EBT) ¹	218.2	2.3	52.6	293.7	502.2	927.7	1,600	1,876
Change	-	-98.95%	2,186.96%	458.37%	70.99%	84.73%	72.42%	17.31%
Net income ¹	144.2	-66.7	37.1	210	284.3	676.5	1,151	1,326
Change	-	-146.26%	155.62%	466.04%	35.38%	137.94%	70.19%	15.22%
Announcement Date	24/02/21	23/02/22	22/02/23	21/02/24	19/02/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	226.6	227.4	195.1	198	203.1	184.5	191.2	213.6	231.9	251.5	261	256.2	254.6	277.6	332.6	360.9	375.8	333	438.2	462.3	594.2	-	-	-	-
Change	-	0.35%	-14.2%	1.49%	2.58%	-9.16%	3.63%	11.72%	8.57%	8.45%	3.78%	-1.84%	-0.62%	9.03%	19.81%	8.51%	4.13%	-11.39%	31.59%	5.5%	28.53%	-	-	-	-
EBITDA ¹	133.6	119.6	94.4	100	88	62.9	92	96.4	100.4	119.9	138.9	126	101.6	125.7	180.5	176.2	207.2	145.4	260.2	283.5	396.7	408.5	447.4	416.6	455.4
Change	-	-10.48%	-21.07%	5.93%	-12%	-28.52%	46.26%	4.78%	4.15%	19.42%	15.85%	-9.29%	-19.37%	23.72%	43.6%	-2.38%	17.59%	-29.83%	78.95%	8.95%	39.92%	2.98%	9.52%	-6.88%	9.31%
EBIT ¹	81.3	76.3	-168.5	57.3	49.8	-5.7	25.7	29.9	61.6	75	88.6	82.6	71.9	-	128.2	183.3	158.4	94.7	216.2	231.5	331.8	-	-	-	-
Change	-	-6.15%	-320.84%	134.01%	-13.09%	-111.45%	550.88%	16.34%	106.02%	21.75%	18.13%	-6.77%	-12.95%	-	-	42.98%	-13.58%	-40.21%	128.3%	7.08%	43.33%	-	-	-	-
Charge d'intérêts	-1.3	-1	-1	-1.3	-1.2	-1.2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	85.8	75.1	-172.7	56.3	43.6	-14.3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-12.47%	-329.96%	132.6%	-22.56%	-132.8%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income ¹	76.9	51.2	-172.5	25.1	29.5	-8.5	6.4	-1.4	52.6	48.4	75.1	39.4	47.1	42.1	70.1	84.5	87.6	15.2	159.4	276.3	213.9	-	-	-	-
Change	-	-33.42%	-436.91%	114.55%	17.53%	-128.81%	175.29%	-121.88%	3,857.14%	-7.98%	55.17%	-47.54%	19.54%	-10.62%	66.51%	20.54%	3.67%	-82.65%	948.68%	73.34%	-22.6%	-	-	-	-
Announcement Date	24/02/21	28/04/21	28/07/21	27/10/21	23/02/22	27/04/22	27/07/22	26/10/22	22/02/23	26/04/23	26/07/23	25/10/23	21/02/24	24/04/24	31/07/24	06/11/24	19/02/25	30/04/25	30/07/25	29/10/25	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Alamos Gold Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-221	-173	-130	-225	-77.2	-432	-1,272	-2,615
Change	-	21.72%	24.86%	-73.08%	65.69%	-459.59%	-194.44%	-105.58%
Announcement Date	24/02/21	23/02/22	22/02/23	21/02/24	19/02/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Alamos Gold Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	246.1	348.6	313.7	348.9	417.6	550.3	891.5	863.8
Change	-	41.65%	-10.01%	11.22%	19.69%	31.78%	61.99%	-3.11%
Free Cash Flow (FCF) ¹	122.3	7.9	-15.2	123.8	272.3	314.9	812.3	789.2
Change	-	-93.54%	-292.41%	914.47%	119.95%	15.64%	157.97%	-2.84%
Announcement Date	24/02/21	23/02/22	22/02/23	21/02/24	19/02/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Alamos Gold Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	51.02%	48.81%	42.83%	47.53%	51.34%	61.06%	70.79%	74.71%
EBIT Margin (%)	30.42%	1.81%	13.58%	31.09%	41.72%	55.91%	57.81%	54.83%
EBT Margin (%)	29.17%	0.28%	6.41%	28.7%	37.29%	51.09%	57.12%	58.46%
Net margin (%)	19.28%	-8.1%	4.52%	20.52%	21.11%	37.25%	41.11%	41.32%
FCF margin (%)	16.35%	0.96%	-1.85%	12.1%	20.22%	17.34%	29.01%	24.59%
FCF / Net Income (%)	84.81%	-11.84%	-40.97%	58.95%	95.78%	46.55%	70.56%	59.5%
Profitability
ROA	4.45%	-1.84%	-	-	6.09%	11.6%	16%	15%
ROE	5.64%	-2.39%	3.95%	7.44%	8.74%	17.52%	20%	18%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	32.9%	42.33%	38.2%	34.1%	31%	30.31%	31.84%	26.91%
CAPEX / EBITDA (%)	64.47%	86.72%	89.2%	71.73%	60.39%	49.64%	44.97%	36.02%
CAPEX / FCF (%)	201.23%	4,412.66%	-2,063.82%	281.83%	153.36%	174.78%	109.75%	109.44%
Items per share
Cash flow per share ¹	0.933	0.9079	0.7611	1.195	1.61	2.248	3.94	4.881
Change	-	-2.68%	-16.17%	57.04%	34.73%	39.59%	75.3%	23.88%
Dividend per Share ¹	0.065	0.1	0.1	0.1	0.1	0.095	0.1	0.1
Change	-	53.85%	0%	0%	0%	-5%	5.26%	0%
Book Value Per Share ¹	7.26	6.97	6.91	-	-	-	-	-
Change	-	-3.99%	-0.87%	-	-	-	-	-
EPS ¹	0.37	-0.17	0.09	0.53	0.69	1.61	2.502	3.047
Change	-	-145.95%	152.94%	488.89%	30.19%	133.33%	55.43%	21.75%
Nbr of stocks (in thousands)	392,728	391,963	393,458	396,858	420,282	419,754	419,754	419,754
Announcement Date	24/02/21	23/02/22	22/02/23	21/02/24	19/02/25	-	-	-