Amaroq 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	26.98	-	-	-	-
Cost of Revenue	15.91	-	2.52	-	-
Gross Profit	11.08	-	-2.52	-	-
Selling, General & Admin	18.96	17.52	13.63	10.15	9.7
Other Operating Expenses	0.49	0.42	-	-	-
Operating Expenses	30.36	20.82	20.25	22.85	23.98
Operating Income	-19.28	-20.82	-22.76	-22.85	-23.98
Interest Expense	-0.03	-0.04	-0.03	-0.04	-0.04
Interest & Investment Income	0.74	1.19	1.07	0.24	0.14
Earnings From Equity Investments	-2.12	-8.59	-7.89	-	-
Currency Exchange Gain (Loss)	0.89	0.91	0.31	0.85	-0.81
Other Non Operating Income (Expenses)	1.7	4.05	-2.82	-	-
EBT Excluding Unusual Items	-18.1	-23.31	-32.14	-21.8	-24.69
Gain (Loss) on Sale of Assets	-0.25	-0.15	31.3	-0.1	-
Other Unusual Items	-0.25	-	-	-	-
Pretax Income	-18.6	-23.46	-0.83	-21.9	-24.69
Net Income	-18.6	-23.46	-0.83	-21.9	-24.69
Net Income to Common	-18.6	-23.46	-0.83	-21.9	-24.69
Shares Outstanding (Basic)	428	330	273	192	177
Shares Outstanding (Diluted)	428	330	273	192	177
Shares Change (YoY)	29.58%	21.03%	42.31%	8.18%	47.92%
EPS (Basic)	-0.04	-0.07	-0.00	-0.11	-0.14
EPS (Diluted)	-0.04	-0.07	-0.00	-0.11	-0.14
Free Cash Flow	-113.74	-117.44	-58.46	-21.2	-34.17
Free Cash Flow Per Share	-0.27	-0.36	-0.21	-0.11	-0.19
Gross Margin	41.05%	-	-	-	-
Operating Margin	-71.44%	-	-	-	-
Profit Margin	-68.93%	-	-	-	-
Free Cash Flow Margin	-421.50%	-	-	-	-
EBITDA	-17.91	-20.01	-22.07	-22.08	-23.67
EBITDA Margin	-66.37%	-	-	-	-
D&A For EBITDA	1.37	0.82	0.7	0.77	0.31
EBIT	-19.28	-20.82	-22.76	-22.85	-23.98
EBIT Margin	-71.44%	-	-	-	-

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