Québec Nickel Income Statement

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Year Ending	TTM	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020
Revenue	23.73	24.2	19.94	16.19	12.66	17.36
Revenue Growth (YoY)	6.67%	21.37%	23.16%	27.91%	-27.06%	-20.03%
Cost of Revenue	15.95	16.56	15.8	12.56	10.13	13.55
Gross Profit	7.78	7.64	4.14	3.63	2.53	3.8
Selling, General & Admin	3.91	4.13	3.89	2.26	1.9	2.43
Research & Development	1.83	1.77	1.59	1.7	1.47	1.59
Operating Expenses	5.78	5.93	5.48	3.99	3.37	4.08
Operating Income	2	1.71	-1.34	-0.36	-0.84	-0.28
Interest Expense	-0.34	-0.3	-0.34	-0.24	-0.18	-0.28
Currency Exchange Gain (Loss)	-0.11	-0.2	0.1	0.04	-0.04	-0.04
Other Non Operating Income (Expenses)	0	-	-0	-0	-	-
EBT Excluding Unusual Items	1.55	1.21	-1.58	-0.57	-1.06	-0.6
Impairment of Goodwill	-0.19	-0.19	-0.67	-	-	-
Gain (Loss) on Sale of Assets	-0.04	-0.04	-0.01	-0.06	-0.01	0.28
Asset Writedown	-0.17	-0.17	-	-	-	-
Other Unusual Items	0.38	0.26	-	0.43	1.96	0.12
Pretax Income	1.53	1.07	-2.25	-0.2	0.89	-0.2
Income Tax Expense	-	-	-0.31	0	0.05	2.3
Earnings From Continuing Operations	1.53	1.07	-1.94	-0.2	0.84	-2.5
Net Income	1.53	1.07	-1.94	-0.2	0.84	-2.5
Preferred Dividends & Other Adjustments	1.47	1.47	1.47	1.47	1.47	1.47
Net Income to Common	0.07	-0.39	-3.41	-1.67	-0.62	-3.97
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
EPS (Basic)	0.01	-0.03	-0.26	-0.13	-0.05	-0.31
EPS (Diluted)	0.01	-0.03	-0.26	-0.13	-0.05	-0.31
Free Cash Flow	-0.5	1.03	-0.88	0.84	1.09	2.65
Free Cash Flow Per Share	-0.04	0.08	-0.07	0.06	0.08	0.21
Gross Margin	32.79%	31.58%	20.77%	22.41%	19.97%	21.90%
Operating Margin	8.44%	7.08%	-6.71%	-2.25%	-6.64%	-1.60%
Profit Margin	0.28%	-1.63%	-17.10%	-10.30%	-4.91%	-22.85%
Free Cash Flow Margin	-2.12%	4.26%	-4.42%	5.16%	8.60%	15.29%
EBITDA	3.48	3.16	0.1	0.98	0.15	0.86
EBITDA Margin	14.66%	13.05%	0.50%	6.03%	1.16%	4.94%
D&A For EBITDA	1.48	1.44	1.44	1.34	0.99	1.13
EBIT	2	1.71	-1.34	-0.36	-0.84	-0.28
EBIT Margin	8.44%	7.08%	-6.71%	-2.25%	-6.64%	-1.60%
Effective Tax Rate	-	-	-	-	5.56%	-

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