EMERGE Commerce Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	26.15	20.42	19.58	31.7	34.83	9.2
Revenue Growth (YoY)	36.15%	4.30%	-38.22%	-8.99%	278.45%	121.21%
Cost of Revenue	16.55	12.18	11.95	17.85	19.72	2.03
Gross Profit	9.6	8.25	7.63	13.84	15.11	7.17
Selling, General & Admin	9.04	8.71	9.41	12.72	13.87	6.37
Depreciation & Amortization Expenses	0.25	0.22	2.46	4.74	3.98	1.55
Other Operating Expenses	0.3	0.48	8.77	12.01	3.23	3.71
Operating Income	0.47	-0.69	-4.23	-3.61	-2.74	-0.75
Interest Expense	-1.28	-1.34	-3.51	-4	-1.85	-1.64
Other Non-Operating Income (Expense)	2.81	1.86	-0.33	3.85	0.83	1.88
Total Non-Operating Income (Expense)	1.53	0.52	-3.85	-0.15	-1.02	0.24
Pretax Income	2	-0.17	-8.08	-3.75	-3.76	-0.51
Provision for Income Taxes	0.9	0.32	-1.27	-1.3	-0.43	0.21
Net Income	0.92	-0.51	-21.26	-17.38	-6.56	-4.43
Earnings From Discontinued Operations	0.43	0.6	-5.67	-2.92	-	-
Net Income to Common	0.92	-0.51	-21.26	-17.38	-6.56	-4.43
Shares Outstanding (Basic)	142	132	109	104	94	63
Shares Outstanding (Diluted)	142	132	109	104	94	63
Shares Change (YoY)	16.20%	21.49%	4.89%	10.73%	48.10%	35.50%
EPS (Basic)	0.00	-0.01	-0.14	-0.17	-0.07	-0.07
EPS (Diluted)	0.00	-0.01	-0.14	-0.17	-0.07	-0.07
Free Cash Flow	2.9	0.13	2.02	1.02	-3.47	-0.25
Free Cash Flow Growth	2183.52%	-93.70%	98.14%	-	-	-
Free Cash Flow Per Share	0.02	0.00	0.02	0.01	-	-
Gross Margin	36.72%	40.37%	38.97%	43.68%	43.39%	77.93%
Operating Margin	1.80%	-3.36%	-21.62%	-11.38%	-7.86%	-8.12%
Profit Margin	0.77%	-5.41%	-79.57%	-45.63%	-9.56%	-7.80%
FCF Margin	11.09%	0.62%	10.30%	3.21%	-9.95%	-2.71%
EBITDA	0.72	-0.33	0.55	3.75	1.24	0.81
EBITDA Margin	2.76%	-1.62%	2.80%	11.82%	3.56%	8.77%
EBIT	0.47	-0.69	-4.23	-3.61	-2.74	-0.75
EBIT Margin	1.80%	-3.36%	-21.62%	-11.38%	-7.86%	-8.12%
Effective Tax Rate	51.12%	-189.85%	15.72%	34.73%	11.36%	-41.29%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.