Northern Graphite Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	22.52	22.73	17.1	11.99	-	-
Revenue Growth (YoY)	2.76%	32.92%	42.58%	-	-	-
Cost of Revenue	19.75	22.79	19.67	9.47	0.55	-
Gross Profit	2.77	-0.06	-2.57	2.53	-0.55	-
Selling, General & Admin	8.22	8.74	9.16	4.87	1.31	0.7
Other Operating Expenses	-2.27	0.09	0.19	0.36	0.02	-
Operating Expenses	13.11	14.21	13.5	7.77	2.17	0.73
Operating Income	-10.34	-14.27	-16.07	-5.24	-2.73	-0.73
Interest Expense	-14.4	-12.42	-6.38	-2.97	-	-
Interest & Investment Income	0.11	0.17	0.08	0.16	0.02	0.01
Currency Exchange Gain (Loss)	-1.84	-5.5	0.76	-2.14	-	-
Other Non Operating Income (Expenses)	2.33	2.33	-	-	-	-0.06
EBT Excluding Unusual Items	-24.14	-29.7	-21.61	-10.19	-2.71	-0.78
Merger & Restructuring Charges	-	-	-	-0.34	-0.93	-
Gain (Loss) on Sale of Investments	-	-0.09	-0.07	-0.19	0.41	-0.1
Gain (Loss) on Sale of Assets	0.22	-	-	-	-	0.02
Asset Writedown	-4.66	-4.66	-2.68	-3.17	-	-
Other Unusual Items	-3.16	-4.36	-	-	-	-
Pretax Income	-31.74	-38.81	-24.37	-13.89	-3.23	-0.87
Income Tax Expense	-0.14	-0.01	-0.72	0.66	-	-
Net Income	-31.6	-38.8	-23.64	-14.55	-3.23	-0.87
Net Income to Common	-31.6	-38.8	-23.64	-14.55	-3.23	-0.87
Shares Outstanding (Basic)	133	131	129	108	77	65
Shares Outstanding (Diluted)	133	131	129	108	77	65
Shares Change (YoY)	1.60%	1.65%	19.38%	39.12%	18.97%	-
EPS (Basic)	-0.24	-0.30	-0.18	-0.14	-0.04	-0.01
EPS (Diluted)	-0.24	-0.30	-0.18	-0.14	-0.04	-0.01
Free Cash Flow	-0.72	-2.07	-9.65	-16.96	-2.08	-0.7
Free Cash Flow Per Share	-0.01	-0.02	-0.07	-0.16	-0.03	-0.01
Gross Margin	12.32%	-0.28%	-15.01%	21.06%	-	-
Operating Margin	-45.90%	-62.79%	-93.97%	-43.70%	-	-
Profit Margin	-140.33%	-170.73%	-138.27%	-121.33%	-	-
Free Cash Flow Margin	-3.21%	-9.12%	-56.41%	-141.45%	-	-
EBITDA	-3.41	-8.93	-12.83	-2.47	-2.7	-0.7
EBITDA Margin	-15.13%	-39.28%	-75.00%	-20.59%	-	-
D&A For EBITDA	6.93	5.34	3.24	2.77	0.03	0.03
EBIT	-10.34	-14.27	-16.07	-5.24	-2.73	-0.73
EBIT Margin	-45.90%	-62.79%	-93.96%	-43.70%	-	-
Advertising Expenses	-	-	-	-	-	0.11

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