CordovaCann Corp. (CSE:CDVA)

CordovaCann Income Statement

Financials in millions CAD. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	14.25	13.8	13.59	13.53	10.32
Revenue Growth (YoY)	3.28%	1.49%	0.51%	31.08%	6087.36%
Cost of Revenue	10.32	10.04	10.33	10.27	7.17
Gross Profit	3.93	3.76	3.27	3.26	3.15
Selling, General & Admin	3.11	3.23	4.58	4.89	3.44
Operating Expenses	3.95	4.17	5.78	6.18	5.35
Operating Income	-0.02	-0.41	-2.51	-2.92	-2.2
Interest Expense	-0.51	-0.58	-1.03	-0.9	-1.02
Currency Exchange Gain (Loss)	-0.02	0.01	0.05	0.19	-0.31
Other Non Operating Income (Expenses)	-0.13	-0.05	-0.05	-0.06	-0.29
EBT Excluding Unusual Items	-0.68	-1.03	-3.54	-3.7	-3.81
Gain (Loss) on Sale of Assets	0.2	-	-	-	-0.01
Asset Writedown	-1.69	-	-3.18	-0.21	-0.66
Other Unusual Items	-	-	-0.17	-0.07	-
Pretax Income	-2.17	-1.03	-6.88	-3.98	-4.48
Income Tax Expense	0.29	0.25	0.03	0.04	0.3
Earnings From Continuing Operations	-2.45	-1.28	-6.92	-4.02	-4.79
Minority Interest in Earnings	-0.24	-0.22	0.03	0.07	-0.37
Net Income	-2.69	-1.49	-6.88	-3.96	-5.15
Net Income to Common	-2.69	-1.49	-6.88	-3.96	-5.15
Shares Outstanding (Basic)	110	110	110	101	82
Shares Outstanding (Diluted)	110	110	110	101	82
Shares Change (YoY)	0.26%	-	8.82%	23.20%	79.82%
EPS (Basic)	-0.02	-0.01	-0.06	-0.04	-0.06
EPS (Diluted)	-0.02	-0.01	-0.06	-0.04	-0.06
Free Cash Flow	1.12	1.49	-1.21	-2.73	-0.96
Free Cash Flow Per Share	0.01	0.01	-0.01	-0.03	-0.01
Gross Margin	27.60%	27.26%	24.05%	24.08%	30.50%
Operating Margin	-0.13%	-2.97%	-18.48%	-21.62%	-21.31%
Profit Margin	-18.88%	-10.82%	-50.64%	-29.25%	-49.95%
Free Cash Flow Margin	7.89%	10.83%	-8.94%	-20.21%	-9.32%
EBITDA	0.4	0.04	-2	-2.41	-1.67
EBITDA Margin	2.84%	0.29%	-14.73%	-17.85%	-16.22%
D&A For EBITDA	0.42	0.45	0.51	0.51	0.52
EBIT	-0.02	-0.41	-2.51	-2.92	-2.2
EBIT Margin	-0.13%	-2.97%	-18.48%	-21.62%	-21.31%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.