Quantum Secure Encryption Income Statement

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

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	0.04	-	-	-	-
Cost of Revenue	0.02	-	-	-	-
Gross Profit	0.02	-	-	-	-
Selling, General & Admin	3.3	2.11	0.36	0.3	0
Research & Development	0.51	0.13	0.9	0.01	-
Operating Expenses	3.43	4.63	2.32	0.31	0
Operating Income	-3.41	-4.63	-2.32	-0.31	-0
Interest Expense	-0.04	-	-0	-	-0
Interest & Investment Income	0.05	0.03	0.04	0	-
Currency Exchange Gain (Loss)	-0.02	-0.01	-0	-0	-
Other Non Operating Income (Expenses)	-0.2	-0.14	-0.15	-0.07	-
EBT Excluding Unusual Items	-3.62	-4.75	-2.44	-0.37	-0
Gain (Loss) on Sale of Investments	-	-0.69	-0.77	-	-
Asset Writedown	-	-6	-	-	-
Other Unusual Items	-0.1	-	-	0	-
Pretax Income	-3.71	-11.44	-3.21	-0.37	-0
Income Tax Expense	-	-0.01	-	-	-0
Net Income	-3.71	-11.43	-3.21	-0.37	-0
Net Income to Common	-3.71	-11.43	-3.21	-0.37	-0
Shares Outstanding (Basic)	54	44	37	18	-
Shares Outstanding (Diluted)	54	44	37	18	-
Shares Change (YoY)	21.81%	18.37%	113.42%	-	-
EPS (Basic)	-0.07	-0.26	-0.09	-0.02	-
EPS (Diluted)	-0.07	-0.26	-0.09	-0.02	-
Gross Margin	51.67%	-	-	-	-
Operating Margin	-8341.58%	-	-	-	-
Profit Margin	-9081.32%	-	-	-	-
EBIT	-3.41	-4.63	-2.32	-0.31	-0
Advertising Expenses	2.24	1.52	0.01	0.04	-

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