Abaxx Technologies Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1.04	0.97	0.22	-	-
Revenue Growth (YoY)	7.84%	349.56%	-	-	-
Cost of Revenue	15.41	8.85	7.28	3.43	2.11
Gross Profit	-14.36	-7.88	-7.07	-3.43	-2.11
Selling, General & Admin	21.72	10.38	6.92	4.86	4.64
Research & Development	5.16	11.25	11.34	8.35	4.85
Amortization of Goodwill & Intangibles	0.24	-	-	-	-
Operating Expenses	44.25	40.78	24.01	16.51	12.08
Operating Income	-58.61	-48.66	-31.08	-19.93	-14.19
Interest & Investment Income	0.77	0.85	0	0	0.43
Earnings From Equity Investments	0.03	-6.77	20.23	-2.17	-0.38
Currency Exchange Gain (Loss)	-0.5	-0.19	-0.19	0.03	0.45
Other Non Operating Income (Expenses)	6.62	0.14	0.3	3.97	0.33
EBT Excluding Unusual Items	-51.69	-54.63	-10.73	-18.11	-13.37
Gain (Loss) on Sale of Investments	8.71	-1.35	-0.21	-0.15	0.61
Other Unusual Items	-	-0.52	-0.55	-0.03	-0.15
Pretax Income	-42.98	-56.5	-11.49	-18.29	-12.91
Income Tax Expense	2.93	-	-	-	-
Earnings From Continuing Operations	-45.91	-56.5	-11.49	-18.29	-12.91
Minority Interest in Earnings	2	2.43	1.86	1.26	0.98
Net Income	-43.91	-54.08	-9.63	-17.03	-11.93
Net Income to Common	-43.91	-54.08	-9.63	-17.03	-11.93
Shares Outstanding (Basic)	35	33	25	25	23
Shares Outstanding (Diluted)	35	33	25	25	23
Shares Change (YoY)	5.59%	28.93%	3.99%	7.27%	73.06%
EPS (Basic)	-1.27	-1.65	-0.38	-0.69	-0.52
EPS (Diluted)	-1.27	-1.65	-0.38	-0.69	-0.52
Operating Margin	-5609.48%	-5022.34%	-14419.59%	-	-
Profit Margin	-4202.34%	-5581.40%	-4468.95%	-	-
EBITDA	-58.37	-	-	-	-
D&A For EBITDA	0.24	-	-	-	-
EBIT	-58.61	-48.66	-31.08	-19.93	-14.19

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.