Volt Carbon Technologies Inc. (TORVF)

Volt Carbon Technologies Income Statement

Financials in millions CAD. Fiscal year is November - October.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Revenue	0.04	0.08	0.03	-	-	-
Revenue Growth (YoY)	1.87%	202.15%	-	-	-	-
Gross Profit	0.04	0.08	0.03	-	-	-
Selling, General & Admin	0.51	0.88	1.15	1.62	0.74	0.46
Research & Development	0.09	0.13	0.08	0.15	0.07	-
Operating Expenses	1.39	1.94	1.72	2.32	2.02	3.69
Operating Income	-1.35	-1.86	-1.69	-2.32	-2.02	-3.69
Interest Expense	-0.07	-0.07	-0.07	-0.13	-0.17	-0.01
Currency Exchange Gain (Loss)	-0	-	-0	-0.01	0.01	-0
Other Non Operating Income (Expenses)	-0.07	-0.08	-0.08	-0.11	-0.11	-0.35
EBT Excluding Unusual Items	-1.49	-2.02	-1.85	-2.56	-2.29	-4.06
Gain (Loss) on Sale of Assets	0.04	0.04	-	-	-0.01	-
Other Unusual Items	-	0.03	0.26	-	0.23	-
Pretax Income	-1.48	-1.95	-1.59	-2.56	-2.07	-4.06
Income Tax Expense	-0.08	-0.1	-	-	-	-
Net Income	-1.4	-1.84	-1.59	-2.56	-2.07	-4.06
Net Income to Common	-1.4	-1.84	-1.59	-2.56	-2.07	-4.06
Shares Outstanding (Basic)	229	193	172	145	105	76
Shares Outstanding (Diluted)	229	193	172	145	105	76
Shares Change (YoY)	22.05%	12.04%	18.45%	38.10%	37.86%	3.60%
EPS (Basic)	-0.01	-0.01	-0.01	-0.02	-0.02	-0.05
EPS (Diluted)	-0.01	-0.01	-0.01	-0.02	-0.02	-0.05
Free Cash Flow	-1.58	-1.55	-1.27	-2.49	-1.8	-0.2
Free Cash Flow Per Share	-0.01	-0.01	-0.01	-0.02	-0.02	-0.00
Gross Margin	100.00%	100.00%	100.00%	-	-	-
Operating Margin	-3788.34%	-2463.94%	-6769.19%	-	-	-
Profit Margin	-3934.52%	-2436.29%	-6361.16%	-	-	-
Free Cash Flow Margin	-4420.96%	-2049.29%	-5071.59%	-	-	-
EBITDA	-0.79	-1.38	-1.53	-2.19	-1.94	-0.52
D&A For EBITDA	0.56	0.48	0.16	0.12	0.08	3.18
EBIT	-1.35	-1.86	-1.69	-2.32	-2.02	-3.69
Revenue as Reported	0.04	0.08	0.03	-	-	-

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