FRA:20MP Income Statement

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	0.05	0.05	0.06	-	0.11	-
Revenue Growth (YoY)	-46.59%	-18.33%	-	-	-	-
Cost of Revenue	1.86	1.86	0.41	-	0.04	-
Gross Profit	-1.82	-1.81	-0.35	-	0.07	-
Selling, General & Admin	2.62	3.4	2.57	3.29	3.54	2.53
Research & Development	0.09	0.05	0.07	1.47	2.21	1.36
Amortization of Goodwill & Intangibles	0.07	0.11	0.26	0.35	0.35	0.34
Operating Expenses	3.21	4.13	3.26	5.55	9.81	5.16
Operating Income	-5.03	-5.95	-3.6	-5.55	-9.74	-5.16
Interest Expense	-	-	-	-	-	-0.02
Interest & Investment Income	0.04	0.11	0.27	0.27	0.05	0.01
Earnings From Equity Investments	-	-	-	-	0.34	-0.13
Other Non Operating Income (Expenses)	-1.11	-0.71	-	-	-	-4.04
EBT Excluding Unusual Items	-6.1	-6.55	-3.33	-5.28	-9.35	-9.34
Gain (Loss) on Sale of Investments	-0.31	0.11	-0.62	-2	-0.36	1.99
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.49
Asset Writedown	-1.04	-1.04	-3.82	-0.05	-	-0.3
Pretax Income	-7.45	-7.47	-7.76	-7.33	-9.71	-8.14
Income Tax Expense	-	-	-0.09	0.11	-	-
Net Income	-7.45	-7.47	-7.67	-7.44	-9.71	-8.14
Net Income to Common	-7.45	-7.47	-7.67	-7.44	-9.71	-8.14
Shares Outstanding (Basic)	352	348	330	330	329	264
Shares Outstanding (Diluted)	352	348	330	330	329	264
Shares Change (YoY)	4.52%	5.70%	-	0.13%	24.94%	26.44%
EPS (Basic)	-0.02	-0.02	-0.02	-0.02	-0.03	-0.03
EPS (Diluted)	-0.02	-0.02	-0.02	-0.02	-0.03	-0.03
Free Cash Flow	-2.68	-3.91	-3.79	-4.79	-5.59	-4.19
Free Cash Flow Per Share	-0.01	-0.01	-0.01	-0.01	-0.02	-0.02
Gross Margin	-	-	-	-	63.64%	-
Operating Margin	-10693.62%	-12134.69%	-6003.33%	-	-8856.36%	-
Profit Margin	-15840.43%	-15248.98%	-12783.33%	-	-8826.36%	-
Free Cash Flow Margin	-5697.87%	-7971.43%	-6320.00%	-	-5078.18%	-
EBITDA	-4.85	-5.72	-3.19	-5.15	-9.29	-4.77
D&A For EBITDA	0.17	0.23	0.41	0.41	0.45	0.39
EBIT	-5.03	-5.95	-3.6	-5.55	-9.74	-5.16

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