Ares Strategic Mining Inc. (ARSMF)

Ares Strategic Mining Income Statement

Financials in millions CAD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Cost of Revenue	0.01	-0	-0.01	-0	0.02	0.01
Gross Profit	-0.01	0	0.01	0	-0.02	-0.01
Selling, General & Admin	3.16	2.91	1.05	2.66	4.1	3.42
Operating Expenses	3.5	3.19	1.09	2.7	4.14	3.45
Operating Income	-3.51	-3.19	-1.08	-2.7	-4.16	-3.46
Interest Expense	-1.07	-1.65	-2	-0.35	-0.05	-
Interest & Investment Income	0.06	0.07	0.19	-	-	-
Currency Exchange Gain (Loss)	-0.4	0.08	-0.05	-0.05	0.03	-0.04
Other Non Operating Income (Expenses)	0.68	0.69	-0.07	-0.35	-0.07	-0.15
EBT Excluding Unusual Items	-4.24	-4	-3.01	-3.45	-4.25	-3.65
Gain (Loss) on Sale of Investments	1.37	0.02	0.09	-0.21	-0.18	-
Gain (Loss) on Sale of Assets	-	-	-	0.23	-0.23	-
Other Unusual Items	0.28	0.33	-	-1.25	-0.29	-
Pretax Income	-2.59	-3.64	-2.93	-4.67	-4.96	-3.65
Income Tax Expense	-	-	-	-0.24	-	-
Earnings From Continuing Operations	-2.59	-3.64	-2.93	-4.44	-4.96	-3.65
Minority Interest in Earnings	0	-0	-0	-0	0	-0
Net Income	-2.59	-3.64	-2.93	-4.44	-4.96	-3.65
Net Income to Common	-2.59	-3.64	-2.93	-4.44	-4.96	-3.65
Shares Outstanding (Basic)	205	191	151	138	126	94
Shares Outstanding (Diluted)	205	191	151	138	126	94
Shares Change (YoY)	33.65%	26.56%	8.86%	9.67%	33.77%	97.13%
EPS (Basic)	-0.01	-0.02	-0.02	-0.03	-0.04	-0.04
EPS (Diluted)	-0.01	-0.02	-0.02	-0.03	-0.04	-0.04
Free Cash Flow	-15.69	-11.91	-15.63	-5.32	-5.01	-4.18
Free Cash Flow Per Share	-0.08	-0.06	-0.10	-0.04	-0.04	-0.04
EBITDA	-3.17	-2.91	-1.04	-2.66	-4.12	-3.43
D&A For EBITDA	0.34	0.28	0.04	0.04	0.04	0.03
EBIT	-3.51	-3.19	-1.08	-2.7	-4.16	-3.46

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