Flow Beverage Income Statement

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

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr '25 Apr 30, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021	Oct '20 Oct 31, 2020
Revenue	47.09	45.93	46.68	47.12	42.7	22.96
Revenue Growth (YoY)	9.07%	-1.60%	-0.94%	10.36%	85.95%	40.33%
Cost of Revenue	35.28	36.75	40	37.95	31.39	21.67
Gross Profit	11.81	9.18	6.67	9.17	11.31	1.29
Selling, General & Admin	24.51	28.44	42.03	42.07	41.24	31.16
Operating Expenses	28.37	34.78	45.02	49.76	61.49	40.81
Operating Income	-16.56	-25.59	-38.35	-40.59	-50.18	-39.52
Interest Expense	-11.55	-10.41	-5.38	-4.39	-4.79	-6.82
Currency Exchange Gain (Loss)	-0.2	-0.13	-0.51	0.45	-0.51	0.02
Other Non Operating Income (Expenses)	-4.18	0.08	0.68	-1.13	0.55	0.53
EBT Excluding Unusual Items	-32.49	-36.05	-43.55	-45.66	-54.93	-45.8
Merger & Restructuring Charges	-2.89	-2.87	-1.56	-0.88	-2.87	-2.59
Gain (Loss) on Sale of Assets	0.03	0.03	-	-	-	-
Asset Writedown	-	-	-	-1.17	-	-
Other Unusual Items	0.63	0.63	2.14	-	-4.45	0.24
Pretax Income	-34.73	-38.25	-42.97	-47.71	-62.25	-48.15
Net Income	-34.73	-38.25	-42.97	-47.71	-62.25	-48.15
Net Income to Common	-34.73	-38.25	-42.97	-47.71	-62.25	-48.15
Shares Outstanding (Basic)	81	70	56	54	45	33
Shares Outstanding (Diluted)	81	70	56	54	45	33
Shares Change (YoY)	35.25%	26.38%	2.95%	21.58%	36.51%	45.69%
EPS (Basic)	-0.43	-0.54	-0.77	-0.88	-1.40	-1.48
EPS (Diluted)	-0.43	-0.54	-0.77	-0.88	-1.40	-1.48
Free Cash Flow	-3.57	-11.21	-25.82	-34.02	-35.89	-38.17
Free Cash Flow Per Share	-0.04	-0.16	-0.46	-0.63	-0.81	-1.17
Gross Margin	25.08%	20.00%	14.30%	19.46%	26.48%	5.62%
Operating Margin	-35.16%	-55.72%	-82.16%	-86.13%	-117.53%	-172.11%
Profit Margin	-73.75%	-83.28%	-92.07%	-101.25%	-145.80%	-209.69%
Free Cash Flow Margin	-7.58%	-24.41%	-55.31%	-72.21%	-84.06%	-166.24%
EBITDA	-15.93	-22.6	-37.42	-36.11	-46.38	-37.16
EBITDA Margin	-33.84%	-49.21%	-80.18%	-76.64%	-108.63%	-161.83%
D&A For EBITDA	0.63	2.99	0.93	4.47	3.8	2.36
EBIT	-16.56	-25.59	-38.35	-40.59	-50.18	-39.52
EBIT Margin	-35.16%	-55.72%	-82.16%	-86.13%	-117.53%	-172.11%

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.