Artificial Intelligence Technology Solutions Inc. (AITX)

AITX Income Statement

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Revenue	6.13	2.23	1.33	1.45	0.36
Revenue Growth (YoY)	175.23%	67.24%	-7.96%	300.99%	38.39%
Cost of Revenue	1.33	1.13	0.68	0.47	0.1
Gross Profit	4.8	1.1	0.65	0.97	0.26
Selling, General & Admin	13.8	10.79	9.24	11.18	2.76
Research & Development	3.46	2.88	3.63	2.96	0.38
Operating Expenses	18.74	14.52	13.34	14.38	3.26
Operating Income	-13.95	-13.42	-12.69	-13.4	-2.99
Interest Expense	-5.46	-6.76	-5.43	-16.13	-3.38
Other Non Operating Income (Expenses)	-	-	0	0.37	0.76
EBT Excluding Unusual Items	-19.4	-20.18	-18.11	-29.16	-5.61
Gain (Loss) on Sale of Assets	-	0.02	-	0.03	-0
Asset Writedown	-	-0.58	-	-	-
Other Unusual Items	0.47	0.04	0	-33.07	-0.29
Pretax Income	-18.94	-20.71	-18.11	-62.2	-5.9
Net Income	-18.94	-20.71	-18.11	-62.2	-5.9
Net Income to Common	-18.94	-20.71	-18.11	-62.2	-5.9
Shares Outstanding (Basic)	11,648	7,081	5,092	4,030	1,015
Shares Outstanding (Diluted)	11,648	7,081	5,092	4,030	1,015
Shares Change (YoY)	64.49%	39.06%	26.36%	296.97%	513780.94%
EPS (Basic)	-0.00	-0.00	-0.00	-0.02	-0.01
EPS (Diluted)	-0.00	-0.00	-0.00	-0.02	-0.01
Free Cash Flow	-12.22	-12.97	-12.84	-14.94	-3.11
Free Cash Flow Per Share	-0.00	-0.00	-0.00	-0.00	-0.00
Gross Margin	78.23%	49.22%	49.09%	67.32%	72.80%
Operating Margin	-227.48%	-602.53%	-952.79%	-926.05%	-829.71%
Profit Margin	-308.86%	-929.66%	-1359.61%	-4298.05%	-1634.55%
Free Cash Flow Margin	-199.32%	-582.43%	-963.68%	-1032.47%	-862.06%
EBITDA	-12.47	-12.57	-12.21	-13.17	-2.87
EBITDA Margin	-203.34%	-	-	-	-
D&A For EBITDA	1.48	0.85	0.48	0.23	0.12
EBIT	-13.95	-13.42	-12.69	-13.4	-2.99
EBIT Margin	-227.48%	-	-	-	-

Updated Jan 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.