Cornish Metals Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022
Selling, General & Admin	-	8.82	4.83	3.32	2.94
Depreciation & Amortization Expenses	-	-	-	0	0.03
Exploration Expenses	-	0.01	0.03	0.12	0.04
Total Operating Expenses	0	8.83	4.86	3.45	3
Operating Income	-15.51	-8.83	-4.86	-3.45	-3
Interest Income	2.19	0.56	1.7	0.42	0
Interest Expense	-0.5	-0.51	-	-	-0
Other Non-Operating Income (Expense)	-2.02	5.89	0.28	1.83	0.1
Total Non-Operating Income (Expense)	-0.32	5.94	1.97	2.25	0.09
Pretax Income	-15.83	-2.89	-2.89	-1.2	-2.91
Provision for Income Taxes	-1.2	-1.83	-0.17	0.02	-
Net Income	-14.63	-1.07	-2.71	-1.22	-2.91
Net Income to Common	-14.63	-1.07	-2.71	-1.22	-2.91
Net Income Growth	-	-	-	-	-
Shares Outstanding (Basic)	111	54	52	46	27
Shares Outstanding (Diluted)	111	54	52	46	27
Shares Change	107.09%	3.83%	12.99%	70.50%	97.75%
EPS (Basic)	-0.13	-0.02	-0.05	-	-0.10
EPS (Diluted)	-0.13	-0.02	-0.05	-	-0.10
EPS Growth	-	-	-	-	-

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022
Free Cash Flow	-22.85	-11.37	-16.92	-6.34	-3.39
Free Cash Flow Growth	-	-	-	-	-
Free Cash Flow Per Share	-0.21	-0.21	-0.33	-0.14	-0.13
EBITDA	-15.51	-8.83	-4.86	-3.45	-2.98
EBIT	-15.51	-8.83	-4.86	-3.45	-3
Effective Tax Rate	7.56%	63.15%	6.00%	-1.33%	0.00%