Pelican AI 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
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	8.69	9.35	9.63
Revenue Growth	-	-2.91%	-
Cost of Revenue	1.92	2.68	2.11
Gross Profit	6.77	6.66	7.52
Selling, General & Admin	5.22	5.97	4.01
Research & Development	1.02	0.68	4.54
Operating Expenses	6.24	6.65	8.55
Operating Income	0.52	0.01	-1.03
Interest Expense	-0.84	-0.81	-1.22
Currency Exchange Gain (Loss)	-0.04	0.16	-0.17
Other Non Operating Income (Expenses)	-	-	-0.03
Pretax Income	-0.36	-0.64	-2.43
Income Tax Expense	0.02	0.02	0
Earnings From Continuing Operations	-0.38	-0.66	-2.43
Earnings From Discontinued Operations	-	-	-0.15
Net Income	-0.38	-0.66	-2.58
Net Income to Common	-0.38	-0.66	-2.58
Net Income Growth	-	-	-
Shares Outstanding (Basic)	76	73	37
Shares Outstanding (Diluted)	76	73	37
Shares Change	-	96.52%	-
EPS (Basic)	-0.00	-0.01	-0.07
EPS (Diluted)	-0.00	-0.01	-0.07
EPS Growth	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Gross Margin	77.87%	71.27%	78.12%
Operating Margin	6.00%	0.14%	-10.65%
Profit Margin	-4.36%	-7.03%	-26.80%
EBITDA	0.49	0.02	-1.02
EBITDA Margin	5.69%	0.22%	-10.59%
D&A For EBITDA	-0.03	0.01	0.01
EBIT	0.52	0.01	-1.03
EBIT Margin	6.00%	0.14%	-10.65%