Hybrid Power Solutions Income Statement

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

Millions CAD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Revenue	1.18	2.8	2.44	3.3	1.84	0.66
Revenue Growth (YoY)	-65.06%	14.92%	-26.16%	79.61%	179.04%	-
Cost of Revenue	1.49	2.5	2.04	2.2	1.37	0.45
Gross Profit	-0.31	0.3	0.4	1.11	0.46	0.21
Selling, General & Admin	2.54	2.98	4.45	3.53	1.3	0.68
Research & Development	0.36	0.07	0.03	0.13	0.08	0.01
Operating Expenses	2.41	3.25	6.5	3.86	1.38	0.69
Operating Income	-2.72	-2.95	-6.1	-2.75	-0.91	-0.48
Interest Expense	-0.51	-0.27	-0.46	-0.35	-0.08	-0.01
Interest & Investment Income	0.02	0.02	0.02	-	0.01	-
Currency Exchange Gain (Loss)	-0.02	-0.03	-0.02	-0.04	0.01	-0
Other Non Operating Income (Expenses)	0.47	0.31	0.03	0.23	0.1	0.08
EBT Excluding Unusual Items	-2.75	-2.92	-6.51	-2.91	-0.88	-0.42
Gain (Loss) on Sale of Assets	-0.01	-0.01	-	-	-	-
Other Unusual Items	-	-	-	-	-	0.17
Pretax Income	-2.77	-2.93	-6.51	-2.91	-0.88	-0.24
Income Tax Expense	-	-	-	-0.06	-	0
Net Income	-2.77	-2.93	-6.51	-2.85	-0.88	-0.24
Net Income to Common	-2.77	-2.93	-6.51	-2.85	-0.88	-0.24
Shares Outstanding (Basic)	88	80	52	28	27	27
Shares Outstanding (Diluted)	88	80	52	28	27	27
Shares Change (YoY)	14.27%	53.27%	85.97%	4.70%	-	-
EPS (Basic)	-0.03	-0.04	-0.12	-0.10	-0.03	-0.01
EPS (Diluted)	-0.04	-0.04	-0.12	-0.10	-0.03	-0.01
Free Cash Flow	-2.37	-1.07	-4.58	-3.36	-0.21	-0.16
Free Cash Flow Per Share	-0.03	-0.01	-0.09	-0.12	-0.01	-0.01
Gross Margin	-26.68%	10.86%	16.49%	33.48%	25.24%	31.49%
Operating Margin	-231.16%	-105.21%	-250.22%	-83.31%	-49.78%	-73.19%
Profit Margin	-235.27%	-104.56%	-267.18%	-86.46%	-47.70%	-36.63%
Free Cash Flow Margin	-201.35%	-38.23%	-187.96%	-101.88%	-11.55%	-23.61%
EBITDA	-2.6	-2.86	-6.07	-2.72	-0.91	-0.48
EBITDA Margin	-221.00%	-102.10%	-249.04%	-82.49%	-49.63%	-72.96%
D&A For EBITDA	0.12	0.09	0.03	0.03	0	0
EBIT	-2.72	-2.95	-6.1	-2.75	-0.91	-0.48
EBIT Margin	-231.16%	-105.21%	-250.22%	-83.31%	-49.78%	-73.19%
Advertising Expenses	-	0.34	1.41	0.26	0.1	0.02

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