Norris Industries, Inc. (NRIS)

Norris Industries Income Statement

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb 28, 2026	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022
Revenue	0.29	0.33	0.33	0.53	0.45
Revenue Growth (YoY)	-13.13%	-0.08%	-37.39%	16.40%	61.44%
Cost of Revenue	0.55	0.51	0.53	0.66	0.6
Gross Profit	-0.27	-0.18	-0.2	-0.13	-0.15
Selling, General & Admin	0.15	0.19	0.2	0.19	0.2
Operating Expenses	0.19	0.28	0.32	0.26	0.24
Operating Income	-0.46	-0.46	-0.52	-0.39	-0.39
Interest Expense	-0.12	-0.14	-0.13	-0.12	-0.11
Other Non Operating Income (Expenses)	-	-	-	-	0
EBT Excluding Unusual Items	-0.58	-0.6	-0.64	-0.5	-0.5
Other Unusual Items	-0.08	-	-	-	-
Pretax Income	-0.66	-0.6	-0.64	-0.5	-0.5
Net Income	-0.66	-0.6	-0.64	-0.5	-0.5
Net Income to Common	-0.66	-0.6	-0.64	-0.5	-0.5
Shares Outstanding (Basic)	108	96	91	91	91
Shares Outstanding (Diluted)	108	96	91	91	91
Shares Change (YoY)	13.12%	5.29%	-	-	-
EPS (Basic)	-0.01	-0.01	-0.01	-0.01	-0.01
EPS (Diluted)	-0.01	-0.01	-0.01	-0.01	-0.01
Free Cash Flow	-0.44	-0.37	-0.4	-0.29	-0.42
Free Cash Flow Per Share	-0.00	-0.00	-0.00	-0.00	-0.01
Gross Margin	-93.31%	-55.24%	-60.91%	-24.42%	-32.54%
Operating Margin	-161.01%	-139.03%	-156.66%	-73.82%	-86.66%
Profit Margin	-231.20%	-182.51%	-195.18%	-95.92%	-110.32%
Free Cash Flow Margin	-153.89%	-111.92%	-120.60%	-54.68%	-93.09%
EBITDA	-0.41	-0.37	-0.4	-0.32	-0.35
EBITDA Margin	-144.04%	-112.81%	-121.82%	-60.95%	-77.57%
D&A For EBITDA	0.05	0.09	0.11	0.07	0.04
EBIT	-0.46	-0.46	-0.52	-0.39	-0.39
EBIT Margin	-161.01%	-139.03%	-156.66%	-73.82%	-86.66%
Revenue as Reported	0.29	0.33	0.33	0.53	0.45

Data Source: S&P Global Market Intelligence Last updated: Feb 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jun 20, 2026

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