Leef Brands Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	34.77	34.79	28.5	30.61	27	33.46
Revenue Growth (YoY)	15.97%	22.08%	-6.91%	13.36%	-19.29%	325.80%
Cost of Revenue	21.77	24.35	20.87	20.59	17.45	25.04
Gross Profit	13	10.44	7.63	10.02	9.55	8.41
Selling, General & Admin	13.48	14.11	11.7	12.88	19.23	9.25
Research & Development	0.01	0.02	0.02	0.2	1.84	0.28
Other Operating Expenses	0.31	0.3	0.19	1.24	0.94	0.13
Operating Expenses	15.06	15.69	12.95	16.26	23.9	11.17
Operating Income	-2.06	-5.25	-5.32	-6.24	-14.34	-2.75
Interest Expense	-2.09	-2.37	-5.16	-4.58	-4.47	-3.98
Other Non Operating Income (Expenses)	4.82	8.72	-6.09	0.94	-1.23	0.68
EBT Excluding Unusual Items	0.67	1.1	-16.57	-9.88	-20.04	-6.05
Merger & Restructuring Charges	-	-	-	-	-2.05	-
Impairment of Goodwill	-	-	-1.57	-30.03	-12.17	-
Asset Writedown	-2.34	-2.34	-1.09	-	-1.22	-
Other Unusual Items	-13.88	-13.88	-2.08	-0.02	10.21	-
Pretax Income	-15.55	-15.11	-21.31	-39.93	-25.26	-6.05
Income Tax Expense	2.77	2.52	3.31	-4.96	3.67	1.68
Net Income	-18.32	-17.63	-24.62	-34.97	-28.92	-7.73
Net Income to Common	-18.32	-17.63	-24.62	-34.97	-28.92	-7.73
Shares Outstanding (Basic)	206	185	143	116	73	5
Shares Outstanding (Diluted)	206	185	143	116	73	5
Shares Change (YoY)	31.70%	29.68%	22.96%	58.47%	1233.79%	-75.97%
EPS (Basic)	-0.09	-0.10	-0.17	-0.30	-0.40	-1.41
EPS (Diluted)	-0.09	-0.10	-0.17	-0.30	-0.40	-1.41
Free Cash Flow	0.92	-0.98	-6.97	-7.42	-6.44	-0.62
Free Cash Flow Per Share	0.00	-0.01	-0.05	-0.06	-0.09	-0.11
Gross Margin	37.38%	30.00%	26.78%	32.73%	35.38%	25.15%
Operating Margin	-5.93%	-15.10%	-18.68%	-20.40%	-53.12%	-8.23%
Profit Margin	-52.70%	-50.68%	-86.41%	-114.24%	-107.11%	-23.11%
Free Cash Flow Margin	2.65%	-2.81%	-24.45%	-24.25%	-23.85%	-1.84%
EBITDA	0.28	-2.95	-3.42	-4.3	-12.79	-1.36
EBITDA Margin	0.80%	-8.47%	-12.02%	-14.05%	-47.35%	-4.07%
D&A For EBITDA	2.34	2.31	1.9	1.94	1.56	1.39
EBIT	-2.06	-5.25	-5.32	-6.24	-14.34	-2.75
EBIT Margin	-5.93%	-15.10%	-18.68%	-20.40%	-53.12%	-8.23%
Advertising Expenses	-	0.27	0.44	0.69	0.86	0.27

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