Decibel Cannabis Company Inc. (DBCCF)

Heartland Financial USA Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	92.82	92.54	106.22	79.33	52.45	29.93
Revenue Growth (YoY)	-9.21%	-12.88%	33.91%	51.23%	75.25%	380.03%
Cost of Revenue	56.58	54.96	67.46	52.9	24.28	18.15
Gross Profit	36.24	37.58	38.77	26.43	28.17	11.78
Selling, General & Admin	32.1	31.53	31.37	21.27	15.63	11.78
Operating Expenses	36.78	35.69	35.21	26.75	21.79	16.93
Operating Income	-0.54	1.89	3.56	-0.32	6.38	-5.15
Interest Expense	-2.82	-2.9	-2.78	-3.16	-4.09	-3.49
Currency Exchange Gain (Loss)	-0.35	-0.24	-0.48	-0.65	-0.17	-0
Other Non Operating Income (Expenses)	14.46	14.74	0.36	0.14	0.07	0.04
EBT Excluding Unusual Items	10.75	13.49	0.66	-3.99	2.19	-8.6
Gain (Loss) on Sale of Assets	-	-	-	-0.08	-0.03	-0.15
Legal Settlements	-	-	-2.57	-	-	-
Other Unusual Items	0.11	0.11	-	-0.4	-0.41	-0.45
Pretax Income	11.54	13.59	-1.91	-4.46	1.74	-9.21
Earnings From Continuing Operations	11.54	13.59	-1.91	-4.46	1.74	-9.21
Earnings From Discontinued Operations	-0.64	-4.13	0.14	-	-	-
Net Income	10.9	9.46	-1.77	-4.46	1.74	-9.21
Net Income to Common	10.9	9.46	-1.77	-4.46	1.74	-9.21
Shares Outstanding (Basic)	467	425	408	404	366	348
Shares Outstanding (Diluted)	467	426	408	404	375	348
Shares Change (YoY)	14.36%	4.37%	1.02%	7.80%	7.80%	427.59%
EPS (Basic)	0.02	0.02	-0.00	-0.01	0.00	-0.03
EPS (Diluted)	0.02	0.02	-0.01	-0.01	0.00	-0.03
Free Cash Flow	1.39	3.24	5.12	4.99	-20.11	-8.52
Free Cash Flow Per Share	0.00	0.01	0.01	0.01	-0.05	-0.02
Gross Margin	39.05%	40.61%	36.49%	33.32%	53.71%	39.35%
Operating Margin	-0.58%	2.04%	3.35%	-0.40%	12.17%	-17.20%
Profit Margin	11.74%	10.23%	-1.67%	-5.63%	3.32%	-30.77%
Free Cash Flow Margin	1.50%	3.51%	4.82%	6.29%	-38.33%	-28.46%
EBITDA	2.55	4.58	4.62	2.76	9.57	-3.51
EBITDA Margin	2.75%	4.95%	4.35%	3.47%	18.24%	-11.73%
D&A For EBITDA	3.09	2.69	1.06	3.07	3.19	1.64
EBIT	-0.54	1.89	3.56	-0.32	6.38	-5.15
EBIT Margin	-0.58%	2.04%	3.35%	-0.40%	12.17%	-17.20%
Revenue as Reported	92.82	92.54	106.22	79.33	52.45	29.93

Updated Nov 21, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.