kneat.com 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	60	48.94	34.22	23.75	15.5	7.42
Revenue Growth (YoY)	33.27%	43.00%	44.10%	53.21%	108.86%	87.90%
Cost of Revenue	14.88	12.18	11.09	9.09	6.18	4.54
Gross Profit	45.11	36.76	23.13	14.65	9.32	2.88
Selling, General & Admin	32.76	25.44	21.68	13.44	7.35	4.13
Research & Development	20.69	17.27	15.39	10.99	8.33	5.31
Operating Expenses	53.45	42.71	37.07	24.43	15.67	9.44
Operating Income	-8.34	-5.95	-13.93	-9.77	-6.35	-6.56
Interest Expense	-3.65	-3.67	-1.08	-0.23	-0.28	-0.19
Interest & Investment Income	0.73	0.68	0.01	0	0.01	0
Currency Exchange Gain (Loss)	10.29	1.4	0.55	0.87	-3.21	1.06
EBT Excluding Unusual Items	-0.96	-7.53	-14.46	-9.13	-9.84	-5.69
Pretax Income	-0.96	-7.53	-14.46	-9.13	-9.84	-5.69
Income Tax Expense	0.23	0.19	0.06	0.02	0.02	-
Net Income	-1.19	-7.73	-14.52	-9.15	-9.86	-5.69
Net Income to Common	-1.19	-7.73	-14.52	-9.15	-9.86	-5.69
Shares Outstanding (Basic)	94	87	78	77	74	66
Shares Outstanding (Diluted)	94	87	78	77	74	66
Shares Change (YoY)	14.27%	11.19%	0.50%	4.49%	12.45%	12.31%
EPS (Basic)	-0.01	-0.09	-0.19	-0.12	-0.13	-0.09
EPS (Diluted)	-0.02	-0.09	-0.19	-0.12	-0.13	-0.09
Free Cash Flow	13.96	9.62	-0.51	2.66	1.66	-2.48
Free Cash Flow Per Share	0.15	0.11	-0.01	0.03	0.02	-0.04
Gross Margin	75.20%	75.11%	67.59%	61.70%	60.13%	38.82%
Operating Margin	-13.90%	-12.15%	-40.72%	-41.16%	-40.99%	-88.35%
Profit Margin	-1.99%	-15.79%	-42.43%	-38.52%	-63.60%	-76.68%
Free Cash Flow Margin	23.26%	19.67%	-1.50%	11.21%	10.72%	-33.45%
EBITDA	-8.32	-5.58	-13.56	-9.35	-6.04	-6.29
EBITDA Margin	-13.87%	-11.41%	-39.62%	-39.37%	-38.95%	-84.76%
D&A For EBITDA	0.02	0.36	0.38	0.42	0.32	0.27
EBIT	-8.34	-5.95	-13.93	-9.77	-6.35	-6.56
EBIT Margin	-13.90%	-12.15%	-40.72%	-41.16%	-40.99%	-88.35%

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