Eat Well Investment Group 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
Operating Revenue	53.16	54.34	60.36	32.21	-
Other Revenue	0.62	-	-4.71	25.1	-3.93
Revenue	53.78	54.34	55.65	57.31	-3.93
Revenue Growth (YoY)	-1.02%	-2.36%	-2.90%	-	-
Cost of Revenue	46.29	48.42	53.63	25.52	-
Gross Profit	7.49	5.92	2.01	31.79	-3.93
Selling, General & Admin	4.48	6.84	8.71	10.28	3.56
Amortization of Goodwill & Intangibles	3.46	3.46	3.46	1.44	-
Operating Expenses	8.37	10.72	13.41	13.25	8.88
Operating Income	-0.87	-4.81	-11.4	18.55	-12.81
Interest Expense	-5.76	-2.96	-5.9	-4.99	-56.42
Interest & Investment Income	0.01	0	0.01	0.24	0.09
Currency Exchange Gain (Loss)	-0.27	0.27	1.08	0.02	-0.51
Other Non Operating Income (Expenses)	-	-	-0.01	-0.06	0.47
EBT Excluding Unusual Items	-6.89	-7.49	-16.23	13.75	-69.18
Gain (Loss) on Sale of Assets	-	0	6.26	-	-
Other Unusual Items	-	-	-1.52	-	-
Pretax Income	-6.89	-7.48	-11.48	13.75	-69.18
Income Tax Expense	-0.83	-0.51	-0.41	0.12	0
Earnings From Continuing Operations	-6.07	-6.97	-11.08	13.63	-69.18
Earnings From Discontinued Operations	-	-	-0.59	-1.18	-
Net Income to Company	-6.07	-6.97	-11.66	12.45	-69.18
Minority Interest in Earnings	-	-	-0.07	-0.43	-
Net Income	-6.07	-6.97	-11.73	12.02	-69.18
Net Income to Common	-6.07	-6.97	-11.73	12.02	-69.18
Shares Outstanding (Basic)	174	170	168	150	-
Shares Outstanding (Diluted)	174	170	168	227	-
Shares Change (YoY)	2.76%	1.11%	-26.15%	-	-
EPS (Basic)	-0.03	-0.04	-0.07	0.08	-
EPS (Diluted)	-0.03	-0.04	-0.07	0.05	-
Free Cash Flow	2	-2.37	-5.84	-6.14	-108.55
Free Cash Flow Per Share	0.01	-0.01	-0.04	-0.03	-
Gross Margin	13.93%	10.89%	3.62%	55.48%	-
Operating Margin	-1.63%	-8.85%	-20.48%	32.37%	-
Profit Margin	-11.28%	-12.83%	-21.08%	20.97%	-
Free Cash Flow Margin	3.72%	-4.36%	-10.49%	-10.71%	-
EBITDA	3.77	-0.46	-6.34	20.48	-
EBITDA Margin	7.01%	-0.85%	-11.40%	35.74%	-
D&A For EBITDA	4.64	4.35	5.05	1.93	-
EBIT	-0.87	-4.81	-11.4	18.55	-12.81
EBIT Margin	-1.63%	-8.85%	-20.48%	32.37%	-
Effective Tax Rate	-	-	-	0.88%	-

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