Maritime Launch Services Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	0.96	0.01	-	-	-	-
Gross Profit	0.96	0.01	-	-	-	-
Selling, General & Admin	3.25	3.06	2.85	3.89	4.27	2.03
Research & Development	-	-	-	-	-	0.07
Amortization of Goodwill & Intangibles	0.04	0.04	0.04	0.04	0.03	0.01
Operating Expenses	4.01	3.84	3.4	4.59	5.71	2.23
Operating Income	-3.05	-3.82	-3.4	-4.59	-5.71	-2.23
Interest Expense	-1.28	-0.29	-0.11	-0.06	-0.38	-0.51
Currency Exchange Gain (Loss)	-0.01	-0.01	0.02	-0.02	0.02	-0.01
Other Non Operating Income (Expenses)	-44.46	-43.26	-3.06	-	1.08	-1.57
EBT Excluding Unusual Items	-48.8	-47.38	-6.56	-4.67	-5	-4.32
Other Unusual Items	0.1	0.1	0.34	-0.11	-2.45	-
Pretax Income	-48.7	-47.28	-6.22	-4.77	-7.45	-4.32
Income Tax Expense	-	-	-	-0.37	-	-
Net Income	-48.7	-47.28	-6.22	-4.4	-7.45	-4.32
Net Income to Common	-48.7	-47.28	-6.22	-4.4	-7.45	-4.32
Shares Outstanding (Basic)	716	509	417	408	390	71
Shares Outstanding (Diluted)	716	509	417	408	390	71
Shares Change (YoY)	69.13%	21.97%	2.30%	4.67%	445.52%	36.90%
EPS (Basic)	-0.07	-0.09	-0.01	-0.01	-0.02	-0.06
EPS (Diluted)	-0.07	-0.09	-0.01	-0.01	-0.02	-0.06
Free Cash Flow	14.84	-6.46	-1.64	-3.39	-7.57	-4.63
Free Cash Flow Per Share	0.02	-0.01	-0.00	-0.01	-0.02	-0.07
Gross Margin	100.00%	100.00%	-	-	-	-
Operating Margin	-317.16%	-25529.75%	-	-	-	-
Profit Margin	-5064.60%	-315647.41%	-	-	-	-
Free Cash Flow Margin	1543.53%	-43149.79%	-	-	-	-
EBITDA	-3.05	-3.82	-3.4	-4.58	-5.71	-2.23
D&A For EBITDA	0	0	0	0.01	0.01	0
EBIT	-3.05	-3.82	-3.4	-4.59	-5.71	-2.23

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