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

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