Mustang Energy Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Cost of Revenue	-	-	-	0.03	0.1	0.04
Gross Profit	-	-	-	-0.03	-0.1	-0.04
Selling, General & Admin	1.8	3.81	2.04	0.64	0.4	0.16
Operating Expenses	1.8	3.81	2.04	0.64	0.4	0.16
Operating Income	-1.8	-3.81	-2.04	-0.67	-0.5	-0.2
Interest & Investment Income	0.03	0.06	0.03	-	-	-
Earnings From Equity Investments	-1.32	-1.32	-	-	-	-
Currency Exchange Gain (Loss)	-0	-0.02	-0	0	-	-
Other Non Operating Income (Expenses)	0.12	0.21	-0.17	0.16	-0.03	-0.02
EBT Excluding Unusual Items	-2.97	-4.88	-2.19	-0.5	-0.53	-0.22
Gain (Loss) on Sale of Assets	-0.07	-	-	-	-	-
Other Unusual Items	-	-	-	1.32	-	-
Pretax Income	-3.04	-4.88	-2.19	0.82	-0.53	-0.22
Earnings From Continuing Operations	-3.04	-4.88	-2.19	0.82	-0.53	-0.22
Net Income	-3.04	-4.88	-2.19	0.82	-0.53	-0.22
Net Income to Common	-3.04	-4.88	-2.19	0.82	-0.53	-0.22
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	95	81	33	25	24	21
Shares Outstanding (Diluted)	95	81	33	39	24	21
Shares Change	72.90%	143.30%	-15.33%	65.37%	13.02%	94.30%
EPS (Basic)	-0.03	-0.06	-0.07	0.03	-0.02	-0.01
EPS (Diluted)	-0.03	-0.06	-0.07	0.02	-0.02	-0.01
EPS Growth	-	-	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	-3.64	-6.17	-2.36	0.83	-0.56	-0.22
Free Cash Flow Per Share	-0.04	-0.08	-0.07	0.02	-0.02	-0.01
EBITDA	-	-2.49	-	-	-	-
D&A For EBITDA	-	1.32	-	-	-	-
EBIT	-1.8	-3.81	-2.04	-0.67	-0.5	-0.2