Novo Resources 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
Revenue	-	-	-	-	112.24
Cost of Revenue	-	-	-	-	110.77
Gross Profit	-	-	-	-	1.48
Selling, General & Admin	5.73	9.4	15.04	14.06	25.09
Other Operating Expenses	-	-	-	0.25	0.47
Operating Expenses	22.84	21.92	39.23	34.4	84.59
Operating Income	-22.84	-21.92	-39.23	-34.4	-83.11
Interest Expense	-1.19	-1.41	-0.75	-10.06	-10.37
Interest & Investment Income	1.56	0.35	0.7	0.97	0.09
Earnings From Equity Investments	-	-	-	-	3.95
Currency Exchange Gain (Loss)	-0.06	-0	-0.93	-0.32	-0.14
Other Non Operating Income (Expenses)	0.45	1.85	-9.78	26.51	-0.19
EBT Excluding Unusual Items	-22.09	-21.13	-49.99	-17.3	-89.78
Gain (Loss) on Sale of Investments	-	-	-	-	85.64
Gain (Loss) on Sale of Assets	-	-1.51	0.6	-	16.97
Other Unusual Items	-	-	-	-	-6.39
Pretax Income	-22.09	-22.64	-49.39	-17.3	6.44
Income Tax Expense	0.3	0.59	-0.5	-1.21	7.15
Earnings From Continuing Operations	-22.39	-23.23	-48.89	-16.09	-0.7
Earnings From Discontinued Operations	-	-	-78.92	-89.33	-
Net Income to Company	-22.39	-23.23	-127.81	-105.42	-0.7
Net Income	-22.39	-23.23	-127.81	-105.42	-0.7
Net Income to Common	-22.39	-23.23	-127.81	-105.42	-0.7
Shares Outstanding (Basic)	355	354	297	249	240
Shares Outstanding (Diluted)	355	354	297	249	240
Shares Change (YoY)	0.13%	19.09%	19.62%	3.67%	20.59%
EPS (Basic)	-0.06	-0.07	-0.43	-0.42	-0.00
EPS (Diluted)	-0.06	-0.07	-0.43	-0.42	-0.00
Free Cash Flow	-12.15	-16.73	-49.13	-52.42	-47
Free Cash Flow Per Share	-0.03	-0.05	-0.17	-0.21	-0.20
Gross Margin	-	-	-	-	1.31%
Operating Margin	-	-	-	-	-74.05%
Profit Margin	-	-	-	-	-0.63%
Free Cash Flow Margin	-	-	-	-	-41.88%
EBITDA	-12.43	-21.62	-27.82	-27.48	-22.53
EBITDA Margin	-	-	-	-	-20.07%
D&A For EBITDA	10.42	0.3	11.42	6.92	60.59
EBIT	-22.84	-21.92	-39.23	-34.4	-83.11
EBIT Margin	-	-	-	-	-74.05%
Effective Tax Rate	-	-	-	-	110.93%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.