TMGEF Income Statement

Financials in millions CAD. Fiscal year is June - May.

Millions CAD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Revenue	29.68	29.78	25.88	21.09	15.91	15.35
Revenue Growth (YoY)	-3.43%	15.07%	22.70%	32.57%	3.65%	-28.33%
Cost of Revenue	16.54	17.44	13.43	11.52	9.18	8.6
Gross Profit	13.14	12.34	12.45	9.57	6.73	6.75
Selling, General & Admin	11.93	11.53	10.82	8.35	8.52	7.75
Research & Development	0.41	0.41	0.27	0.1	-0.04	-0.09
Operating Expenses	12.34	11.94	11.09	8.45	8.49	7.66
Operating Income	0.8	0.41	1.37	1.12	-1.75	-0.91
Interest Expense	-0.18	-0.29	-0.42	-0.45	-0.34	-0.32
Interest & Investment Income	0.03	0.06	0.05	-	-	-
Other Non Operating Income (Expenses)	-0	-0	-	-	-	-
EBT Excluding Unusual Items	0.65	0.18	1	0.67	-2.09	-1.23
Other Unusual Items	-	-	-	0.02	0.34	1.24
Pretax Income	0.65	0.18	1	0.69	-1.75	0.02
Income Tax Expense	0.04	0.02	0.02	-0.03	0.09	-0.2
Earnings From Continuing Operations	0.6	0.16	0.98	0.72	-1.84	0.22
Minority Interest in Earnings	-0.1	-0.09	-0.05	-0	-0.08	-0.02
Net Income	0.51	0.07	0.93	0.72	-1.92	0.2
Net Income to Common	0.51	0.07	0.93	0.72	-1.92	0.2
Net Income Growth	-15.32%	-92.13%	29.47%	-	-	-
Shares Outstanding (Basic)	191	173	168	164	164	161
Shares Outstanding (Diluted)	194	176	172	166	164	166
Shares Change (YoY)	16.28%	2.56%	3.30%	1.34%	-1.08%	2.78%
EPS (Basic)	0.00	0.00	0.01	0.00	-0.01	0.00
EPS (Diluted)	0.00	0.00	0.01	0.00	-0.01	0.00
EPS Growth	-17.38%	-91.70%	25.03%	-	-	-
Free Cash Flow	1.77	-1.75	5.02	1.33	-1.71	-1.3
Free Cash Flow Per Share	0.01	-0.01	0.03	0.01	-0.01	-0.01
Gross Margin	44.29%	41.45%	48.12%	45.37%	42.32%	43.98%
Operating Margin	2.71%	1.36%	5.28%	5.30%	-11.03%	-5.92%
Profit Margin	1.71%	0.25%	3.59%	3.40%	-12.07%	1.29%
Free Cash Flow Margin	5.98%	-5.88%	19.40%	6.29%	-10.75%	-8.48%
EBITDA	1.15	0.8	1.75	1.48	-1.41	-0.61
EBITDA Margin	3.87%	2.68%	6.77%	7.02%	-8.87%	-4.00%
D&A For EBITDA	0.34	0.39	0.38	0.36	0.34	0.3
EBIT	0.8	0.41	1.37	1.12	-1.75	-0.91
EBIT Margin	2.71%	1.36%	5.28%	5.30%	-11.03%	-5.92%
Effective Tax Rate	6.74%	12.01%	1.70%	-	-	-

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