Rubellite Energy 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	199.83	148.11	80.46	48.78	13.3
Other Revenue	0.68	0.18	-	-	-
Revenue	200.51	148.29	80.46	48.78	13.3
Revenue Growth (YoY)	88.99%	84.31%	64.94%	266.86%	-
Cost of Revenue	26.9	16.69	7.37	4.4	2.41
Gross Profit	173.62	131.6	73.08	44.38	10.89
Selling, General & Admin	37.51	26.94	16.36	7.76	3.26
Other Operating Expenses	-7.02	5.73	-6.2	11.03	3.73
Operating Expenses	117.15	86.64	47.7	34.08	12.07
Operating Income	56.47	44.96	25.38	10.3	-1.18
Interest Expense	-9.76	-6.97	-1.92	-0.34	-
Interest & Investment Income	-	-	-	-	0.06
Currency Exchange Gain (Loss)	2.36	-4.35	2	-0.15	-
EBT Excluding Unusual Items	49.07	33.65	25.46	9.81	-1.12
Merger & Restructuring Charges	-6.37	-6.23	-0.15	-	-3.21
Other Unusual Items	31.62	31.62	1.29	-	-
Pretax Income	74.32	59.03	26.6	9.81	-4.33
Income Tax Expense	15.36	9.06	8.04	-14.8	-27.44
Net Income	58.97	49.97	18.56	24.61	23.11
Net Income to Common	58.97	49.97	18.56	24.61	23.11
Net Income Growth	172.00%	169.24%	-24.56%	6.49%	-
Shares Outstanding (Basic)	84	69	60	52	23
Shares Outstanding (Diluted)	86	70	61	52	23
Shares Change (YoY)	35.45%	14.15%	16.40%	125.89%	-
EPS (Basic)	0.70	0.73	0.31	0.47	1.02
EPS (Diluted)	0.69	0.72	0.30	0.47	0.99
EPS Growth	105.36%	140.00%	-36.17%	-52.52%	-
Free Cash Flow	-5.59	-10.02	-16.14	-70.34	-48.73
Free Cash Flow Per Share	-0.07	-0.14	-0.26	-1.34	-2.10
Gross Margin	86.59%	88.74%	90.84%	90.98%	81.90%
Operating Margin	28.16%	30.32%	31.55%	21.12%	-8.87%
Profit Margin	29.41%	33.70%	23.07%	50.44%	173.78%
Free Cash Flow Margin	-2.79%	-6.76%	-20.06%	-144.20%	-366.49%
EBITDA	135.41	94.81	52.87	23.77	2.99
EBITDA Margin	67.53%	63.94%	65.71%	48.72%	22.47%
D&A For EBITDA	78.94	49.85	27.49	13.46	4.17
EBIT	56.47	44.96	25.38	10.3	-1.18
EBIT Margin	28.16%	30.32%	31.55%	21.12%	-8.87%
Effective Tax Rate	20.66%	15.35%	30.23%	-	-
Revenue as Reported	210.96	138.62	88.79	37.66	9.59

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