Armada Mercantile Income Statement

Financials in millions CAD. Fiscal year is March - February.

Millions CAD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Interest and Dividend Income	0.1	0.16	0.21	0.4	0.31	0.33
Net Interest Income	0.1	0.16	0.21	0.4	0.31	0.33
Other Revenue	-	-	-	0.05	0	0.01
Revenue Before Loan Losses	0.1	0.16	0.21	0.45	0.31	0.34
Revenue	0.1	0.16	0.21	0.45	0.31	0.34
Revenue Growth (YoY)	-50.48%	-22.83%	-54.48%	44.37%	-8.12%	106.19%
Cost of Services Provided	0.16	0.19	0.27	0.18	0.18	0.16
Total Operating Expenses	0.16	0.19	0.27	0.18	0.18	0.16
Operating Income	-0.06	-0.03	-0.06	0.27	0.13	0.19
Currency Exchange Gains	-	-	-	-	-0	-0.07
Other Non-Operating Income (Expenses)	-0	-0	0	-0	-0	-0.01
EBT Excluding Unusual Items	-0.06	-0.04	-0.06	0.27	0.13	0.11
Legal Settlements	-	-	-	-	-0.05	-
Gain (Loss) on Sale of Investments	-5	-5	-0	-0.01	-0	5.42
Other Unusual Items	-	-	0.04	-	-	-
Pretax Income	-5.06	-5.04	-0.02	0.27	0.07	5.53
Income Tax Expense	-0	-0	-	0.03	0.02	-
Earnings From Continuing Ops.	-5.06	-5.03	-0.02	0.24	0.05	5.53
Minority Interest in Earnings	-	-	-	-0	-0.01	-
Net Income	-5.06	-5.03	-0.02	0.24	0.05	5.53
Net Income to Common	-5.06	-5.03	-0.02	0.24	0.05	5.53
Net Income Growth	-	-	-	393.17%	-99.11%	-
Shares Outstanding (Basic)	21	21	19	19	19	18
Shares Outstanding (Diluted)	21	21	19	19	19	18
Shares Change (YoY)	9.76%	8.43%	-	0.41%	5.98%	-
EPS (Basic)	-0.24	-0.24	-0.00	0.01	0.00	0.31
EPS (Diluted)	-0.24	-0.24	-0.00	0.01	0.00	0.31
EPS Growth	-	-	-	391.10%	-99.16%	-
Operating Margin	-55.96%	-21.94%	-29.77%	60.54%	41.74%	54.23%
Profit Margin	-4866.64%	-3157.83%	-7.71%	53.43%	15.64%	1616.31%
Effective Tax Rate	-	-	-	9.32%	25.88%	-
Revenue as Reported	0.1	0.16	0.21	0.45	0.31	0.34

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.