RECAF Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021	2018 - 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2018 - 2020
Revenue	-	-	-	-	5.22	2.19	Upgrade
Revenue Growth (YoY)	-	-	-	-	137.96%	-	Upgrade
Cost of Revenue	0.5	0.42	0.37	2.09	4.52	2	Upgrade
Gross Profit	-0.5	-0.42	-0.37	-2.09	0.69	0.2	Upgrade
Selling, General & Admin	12.8	13.68	14.97	17.92	23.44	14.76	Upgrade
Other Operating Expenses	0.06	0.06	0.07	0.01	-	0.05	Upgrade
Operating Expenses	21.54	23.99	20.9	34.95	42.34	32.72	Upgrade
Operating Income	-22.04	-24.41	-21.27	-37.03	-41.65	-32.52	Upgrade
Interest Expense	-	-	-	-	-16.86	-3.55	Upgrade
Currency Exchange Gain (Loss)	-0.77	-0.61	0.07	-0.14	5.57	0.39	Upgrade
Other Non Operating Income (Expenses)	-0.33	0.5	0.12	0.64	0.4	-122.14	Upgrade
EBT Excluding Unusual Items	-23.15	-24.52	-21.08	-36.53	-52.54	-157.81	Upgrade
Impairment of Goodwill	-	-	-	-	-	-105.3	Upgrade
Gain (Loss) on Sale of Assets	-	-	85.49	-	-	-	Upgrade
Pretax Income	-23.15	-24.52	64.4	-36.53	-52.54	-263.11	Upgrade
Income Tax Expense	1.4	1.53	0.12	0	-	0.29	Upgrade
Earnings From Continuing Operations	-24.55	-26.05	64.28	-36.53	-52.54	-263.41	Upgrade
Earnings From Discontinued Operations	-	-	-23.17	-21.83	-	-	Upgrade
Net Income	-24.55	-26.05	41.11	-58.36	-52.54	-263.41	Upgrade
Net Income to Common	-24.55	-26.05	41.11	-58.36	-52.54	-263.41	Upgrade
Shares Outstanding (Basic)	287	250	208	200	199	165	Upgrade
Shares Outstanding (Diluted)	287	250	208	200	199	165	Upgrade
Shares Change (YoY)	26.50%	20.23%	4.17%	0.27%	20.99%	95.75%	Upgrade
EPS (Basic)	-0.09	-0.10	0.20	-0.29	-0.26	-1.60	Upgrade
EPS (Diluted)	-0.09	-0.10	0.20	-0.29	-0.26	-1.60	Upgrade
Free Cash Flow	-58.16	-61.19	-45.02	-78.11	-44.11	-47.35	Upgrade
Free Cash Flow Per Share	-0.20	-0.24	-0.22	-0.39	-0.22	-0.29	Upgrade
Gross Margin	-	-	-	-	13.32%	8.94%	Upgrade
Operating Margin	-	-	-	-	-798.50%	-1483.79%	Upgrade
Profit Margin	-	-	-	-	-1007.35%	-12017.49%	Upgrade
Free Cash Flow Margin	-	-	-	-	-845.64%	-2160.15%	Upgrade
EBITDA	-21.99	-24.36	-21.21	-37.02	-41.61	-32.43	Upgrade
D&A For EBITDA	0.06	0.06	0.07	0.01	0.04	0.09	Upgrade
EBIT	-22.04	-24.41	-21.27	-37.03	-41.65	-32.52	Upgrade
Effective Tax Rate	-	-	0.19%	-	-	-	Upgrade
Revenue as Reported	-	-	-	-	5.22	2.19	Upgrade

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