Visionstate Corp. (VSSSF)

Visionstate Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Revenue	0.43	0.49	0.29	0.41	0.54
Revenue Growth (YoY)	-12.04%	70.23%	-29.54%	-24.06%	315.41%
Cost of Revenue	0.81	0.65	0.57	0.37	0.26
Gross Profit	-0.38	-0.16	-0.28	0.04	0.28
Selling, General & Admin	0.58	0.67	0.64	0.6	0.52
Operating Expenses	0.6	0.69	0.65	0.61	0.53
Operating Income	-0.97	-0.84	-0.93	-0.57	-0.26
Interest Expense	-0.02	-0.03	-0.02	-0.02	-0.04
Interest & Investment Income	-	0	0.01	0.04	0.03
Other Non Operating Income (Expenses)	-0.08	-0.08	-0.24	-0.02	-
EBT Excluding Unusual Items	-1.08	-0.96	-1.18	-0.56	-0.26
Gain (Loss) on Sale of Investments	-	-	-0.56	-0.05	-0.77
Other Unusual Items	-	0.02	-	-	-
Pretax Income	-1.08	-0.94	-1.74	-0.61	-1.03
Income Tax Expense	-	-0.01	-0.01	0.01	0.01
Net Income	-1.08	-0.93	-1.73	-0.62	-1.04
Net Income to Common	-1.08	-0.93	-1.73	-0.62	-1.04
Shares Outstanding (Basic)	250	187	131	109	82
Shares Outstanding (Diluted)	250	187	131	109	82
Shares Change (YoY)	33.33%	43.41%	20.29%	32.05%	84.35%
EPS (Basic)	-0.00	-0.00	-0.01	-0.01	-0.01
EPS (Diluted)	-0.00	-0.00	-0.01	-0.01	-0.01
Gross Margin	-86.83%	-31.56%	-95.40%	9.92%	51.72%
Operating Margin	-224.57%	-171.41%	-320.76%	-139.25%	-47.18%
Profit Margin	-248.81%	-189.52%	-597.31%	-151.30%	-192.19%
EBITDA	-0.96	-0.83	-0.91	-0.56	-0.25
EBITDA Margin	-220.87%	-168.16%	-	-135.72%	-47.06%
D&A For EBITDA	0.02	0.02	0.02	0.01	0
EBIT	-0.97	-0.84	-0.93	-0.57	-0.26
EBIT Margin	-224.57%	-171.41%	-	-139.25%	-47.18%
Revenue as Reported	0.43	0.49	0.29	0.41	0.54

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