Modern Plant Based Foods Inc. (CSE:MEAT)

Modern Plant Based Foods Income Statement

Financials in millions CAD. Fiscal year is September - August.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 30, 2025	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Revenue	0.54	0.57	0.63	0.75	1.65	2.27
Revenue Growth (YoY)	-14.41%	-9.15%	-16.75%	-54.46%	-27.22%	2659.58%
Cost of Revenue	0.42	0.45	0.5	0.65	1.63	1.88
Gross Profit	0.12	0.12	0.13	0.1	0.02	0.39
Selling, General & Admin	0.43	0.59	0.96	1.45	4.11	3.96
Research & Development	0	0	0.01	0	0.08	0.31
Operating Expenses	0.61	0.75	1.03	1.58	5.24	5.02
Operating Income	-0.49	-0.64	-0.9	-1.47	-5.22	-4.63
Interest Expense	-0.27	-0.21	-0.11	-0.03	-0.05	-0.05
Currency Exchange Gain (Loss)	0	-0.01	0	-0.03	-0.01	-0.01
Other Non Operating Income (Expenses)	0.07	0	0.11	-6.68	-5.24	-0.06
EBT Excluding Unusual Items	-0.69	-0.85	-0.9	-8.22	-10.52	-4.74
Merger & Restructuring Charges	0.17	-	-	-	-0	-0.1
Impairment of Goodwill	-	-	-	-0.1	-0.5	-1.18
Gain (Loss) on Sale of Assets	-	-	-	-0	0	-
Asset Writedown	-	-	-	-0	-0.56	-0.19
Other Unusual Items	-	-	0.09	0.01	-0.03	-
Pretax Income	-0.52	-0.85	-0.81	-8.31	-11.6	-6.21
Income Tax Expense	-	-	-	-0.02	-0.02	-0.02
Earnings From Continuing Operations	-0.52	-0.85	-0.81	-8.29	-11.58	-6.19
Net Income to Company	-0.52	-0.85	-0.81	-8.29	-11.58	-6.19
Minority Interest in Earnings	0	0	-	-	-0	0.01
Net Income	-0.52	-0.85	-0.81	-8.29	-11.59	-6.18
Net Income to Common	-0.52	-0.85	-0.81	-8.29	-11.59	-6.18
Shares Outstanding (Basic)	13	12	8	6	4	3
Shares Outstanding (Diluted)	13	12	8	6	4	3
Shares Change (YoY)	46.02%	41.09%	29.06%	58.06%	37.54%	14.24%
EPS (Basic)	-0.04	-0.07	-0.10	-1.28	-2.83	-2.08
EPS (Diluted)	-0.04	-0.07	-0.10	-1.28	-2.83	-2.08
Free Cash Flow	-0.34	-0.48	-0.55	-1.45	-1.98	-4.21
Free Cash Flow Per Share	-0.03	-0.04	-0.07	-0.22	-0.48	-1.42
Gross Margin	22.21%	20.64%	19.99%	13.80%	1.40%	17.07%
Operating Margin	-90.38%	-111.88%	-144.58%	-196.09%	-316.16%	-204.20%
Profit Margin	-96.13%	-149.61%	-129.47%	-1103.08%	-702.31%	-272.60%
Free Cash Flow Margin	-61.99%	-83.68%	-88.28%	-192.33%	-119.73%	-185.70%
EBITDA	-0.48	-0.62	-0.84	-1.44	-5.12	-4.54
EBITDA Margin	-87.98%	-109.49%	-135.06%	-192.02%	-	-200.13%
D&A For EBITDA	0.01	0.01	0.06	0.03	0.09	0.09
EBIT	-0.49	-0.64	-0.9	-1.47	-5.22	-4.63
EBIT Margin	-90.38%	-111.88%	-144.58%	-196.09%	-	-204.20%

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