Q4 2021 Triple Flag Precious Metals Corp Earnings Call Transcript
Good day and thank you for standing by. Welcome to the Triple Flag Precious Metals 2021 year-end results. (Operator Instructions). Please be advised that today's conference call is being recorded. (Operator Instructions).
I would now like to hand the conference over to your speaker today, Shaun Usmar, CEO. Please go ahead, sir.
Good morning, everyone. And thank you for joining us to discuss Triple Flag's fourth-quarter and year-end results. I'm pleased to be able to share the results of our first year as a public company. 2021 was our fifth consecutive sales record since our founding, recording 83,600 gold equivalent ounces. That's a 33% increase in our prior record in 2020, which equates to a sector-leading cumulative annual growth rate of 26% since our first metal sales in 2017.
Our 2021 sales translates into free cash flow of USD120 million. It's a 42% increase on our prior record in 2020. We commenced 2022 with no debt, over USD600 million in financial capacity
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