Tungsten West Income Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020
Revenue	0.72	0.63	0.67	0.04	-
Revenue Growth (YoY)	15.26%	-6.99%	1576.65%	-	-
Cost of Revenue	2.1	1.98	4.03	3.2	3.35
Gross Profit	-1.38	-1.36	-3.35	-3.16	-3.35
Selling, General & Admin	8.97	10.16	8	3.74	0.78
Other Operating Expenses	-5.25	-0.73	0.84	0.02	0.11
Operating Expenses	3.71	9.43	8.84	3.76	0.89
Operating Income	-5.09	-10.79	-12.2	-6.92	-4.24
Interest Expense	-0.44	-0.48	-0.91	-1.17	-0.28
Interest & Investment Income	0.2	0.37	0.1	0.11	0.01
Currency Exchange Gain (Loss)	-0.05	0.07	0.02	-	-
Other Non Operating Income (Expenses)	-2.35	-0	-0	-	-
EBT Excluding Unusual Items	-7.74	-10.83	-12.99	-7.98	-4.51
Asset Writedown	-2.16	-	-	-	-
Pretax Income	-9.89	-10.83	-12.99	-7.98	-4.51
Income Tax Expense	-0.19	-0.54	-	-	-1.08
Net Income	-9.7	-10.29	-12.99	-7.98	-3.43
Net Income to Common	-9.7	-10.29	-12.99	-7.98	-3.43
Shares Outstanding (Basic)	186	181	119	56	-
Shares Outstanding (Diluted)	186	181	119	56	-
Shares Change (YoY)	2.90%	51.67%	112.56%	-	-
EPS (Basic)	-0.05	-0.06	-0.11	-0.14	-
EPS (Diluted)	-0.05	-0.06	-0.11	-0.14	-
Free Cash Flow	-10.97	-25.09	-15.66	-6.13	-6.46
Free Cash Flow Per Share	-0.06	-0.14	-0.13	-0.11	-
Gross Margin	-190.83%	-216.86%	-	-	-
Operating Margin	-705.26%	-1722.21%	-1810.74%	-17224.66%	-
Profit Margin	-1343.41%	-1641.83%	-1928.55%	-19870.01%	-
Free Cash Flow Margin	-1519.04%	-4004.75%	-2324.79%	-15260.37%	-
EBITDA	-4.76	-10.51	-12.09	-6.84	-4.22
D&A For EBITDA	0.33	0.28	0.1	0.08	0.02
EBIT	-5.09	-10.79	-12.2	-6.92	-4.24

Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.