CSE:ERTH Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	6.41	6.9	13.92	17.27	12.3	0.51
Revenue Growth (YoY)	-19.17%	-50.43%	-19.41%	40.41%	2326.63%	177.43%
Operations & Maintenance	-	-	-	0.2	-	-
Selling, General & Admin	2.41	2.45	2.46	3.11	5.02	3.04
Depreciation & Amortization	2.21	2.2	2.2	1.9	1.21	0.3
Provision for Bad Debts	0.18	0.18	-0.14	-0.4	0.65	-
Other Operating Expenses	5.92	6.26	12.56	14.92	9	0.36
Total Operating Expenses	10.96	12.06	17.48	20.62	16.03	4.38
Operating Income	-4.55	-5.16	-3.56	-3.35	-3.73	-3.87
Interest Expense	-0.68	-0.2	-0.21	-0.17	-0.12	-0.02
Interest Income	-	-	0.02	0.01	0	0.01
Net Interest Expense	-0.68	-0.2	-0.19	-0.16	-0.11	-0.01
Currency Exchange Gain (Loss)	-0	-0	-0.01	-0.04	-0.02	-0.01
Other Non-Operating Income (Expenses)	0.13	0.12	0.17	0.24	0.11	0.06
EBT Excluding Unusual Items	-5.11	-5.24	-3.6	-3.31	-3.76	-3.83
Total Merger & Restructuring Charges	-	-	-	-0.53	-0.15	-
Impairment of Goodwill	-	-	-	-1.72	-	-
Gain (Loss) on Sale of Assets	-0.06	-0.04	0	-0.18	-	-0.05
Asset Writedown	-3.18	-3.18	-	-1.31	-	-
Insurance Settlements	-	-	0.4	0.04	-	-
Other Unusual Items	0.71	3.1	2.67	-0.72	-0.73	-
Pretax Income	-7.63	-5.36	-0.52	-7.73	-4.63	-3.88
Income Tax Expense	-0.51	-1.09	-0.61	-0.65	0.07	-
Net Income	-7.13	-4.27	0.08	-7.08	-4.7	-3.88
Net Income to Common	-7.13	-4.27	0.08	-7.08	-4.7	-3.88
Shares Outstanding (Basic)	150	142	142	120	75	47
Shares Outstanding (Diluted)	150	142	142	120	75	47
Shares Change (YoY)	5.93%	-	18.14%	60.98%	59.89%	59.05%
EPS (Basic)	-0.05	-0.03	0.00	-0.06	-0.06	-0.08
EPS (Diluted)	-0.05	-0.03	0.00	-0.06	-0.06	-0.08
Free Cash Flow	-3.35	-0.14	-2.2	-8.7	-2.34	-3.75
Free Cash Flow Per Share	-0.02	-0.00	-0.02	-0.07	-0.03	-0.08
Profit Margin	-111.26%	-61.89%	0.60%	-41.02%	-38.24%	-765.00%
Free Cash Flow Margin	-52.33%	-2.00%	-15.81%	-50.38%	-19.03%	-740.38%
EBITDA	-2.8	-3.22	-1.59	-1.52	-2.59	-3.62
EBITDA Margin	-43.62%	-46.61%	-11.44%	-8.81%	-21.03%	-
D&A For EBITDA	1.75	1.95	1.97	1.83	1.15	0.26
EBIT	-4.55	-5.16	-3.56	-3.35	-3.73	-3.87
EBIT Margin	-70.99%	-74.81%	-25.61%	-19.42%	-30.36%	-

Source: S&P Global Market Intelligence. Utility template. Financial Sources.