Wellfield Technologies Income Statement

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	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	Dec '20 Dec 31, 2020	2018 - 2019
Revenue	2.84	52.2	88.56	67.06	-	-	Upgrade
Revenue Growth (YoY)	-96.11%	-41.06%	32.06%	-	-	-	Upgrade
Cost of Revenue	0.62	48.88	86.56	65.43	-	-	Upgrade
Gross Profit	2.22	3.32	2	1.63	-	-	Upgrade
Selling, General & Admin	4.23	9.01	11.87	12.55	1.66	0.08	Upgrade
Research & Development	1.77	3.89	6.01	5.72	1.45	0.05	Upgrade
Operating Expenses	7.06	14.44	19.48	19.85	3.26	0.13	Upgrade
Operating Income	-4.84	-11.13	-17.48	-18.22	-3.26	-0.13	Upgrade
Interest Expense	-0.44	-0.32	-	-	-	-	Upgrade
Currency Exchange Gain (Loss)	-2.23	-1.2	-0.86	-0.63	-0.01	-	Upgrade
Other Non Operating Income (Expenses)	-5.4	-5.18	-0.61	-0.31	-1.83	-	Upgrade
EBT Excluding Unusual Items	-12.91	-17.82	-18.95	-19.16	-5.1	-0.13	Upgrade
Merger & Restructuring Charges	-0.36	-0.36	-0.57	-	-	-	Upgrade
Impairment of Goodwill	-7.6	-7.6	-17.45	-21.82	-	-	Upgrade
Gain (Loss) on Sale of Investments	-0.39	-	-	0.08	-	-	Upgrade
Asset Writedown	-1.95	-1.95	-2.65	-3.32	-	-	Upgrade
Pretax Income	-23.21	-27.73	-39.62	-44.21	-5.1	-0.13	Upgrade
Income Tax Expense	1.39	1.04	-1.25	-0.94	0.19	-	Upgrade
Net Income	-24.59	-28.77	-38.37	-43.27	-5.29	-0.13	Upgrade
Net Income to Common	-24.59	-28.77	-38.37	-43.27	-5.29	-0.13	Upgrade
Shares Outstanding (Basic)	180	167	121	116	53	7	Upgrade
Shares Outstanding (Diluted)	180	167	121	116	53	7	Upgrade
Shares Change (YoY)	16.53%	38.13%	4.27%	119.24%	706.69%	-34.30%	Upgrade
EPS (Basic)	-0.14	-0.17	-0.32	-0.37	-0.10	-0.02	Upgrade
EPS (Diluted)	-0.14	-0.17	-0.32	-0.37	-0.10	-0.02	Upgrade
Free Cash Flow	-1.62	-3.75	-13.38	-12.94	-4.95	-0.07	Upgrade
Free Cash Flow Per Share	-0.01	-0.02	-0.11	-0.11	-0.09	-0.01	Upgrade
Gross Margin	78.14%	6.35%	2.26%	2.43%	-	-	Upgrade
Operating Margin	-170.84%	-21.31%	-19.74%	-27.17%	-	-	Upgrade
Profit Margin	-867.40%	-55.13%	-43.33%	-64.53%	-	-	Upgrade
Free Cash Flow Margin	-57.11%	-7.18%	-15.11%	-19.29%	-	-	Upgrade
EBITDA	-4.82	-10.3	-16.84	-17.74	-3.25	-	Upgrade
EBITDA Margin	-169.84%	-19.73%	-19.01%	-26.45%	-	-	Upgrade
D&A For EBITDA	0.03	0.83	0.64	0.49	0	-	Upgrade
EBIT	-4.84	-11.13	-17.48	-18.22	-3.26	-0.13	Upgrade
EBIT Margin	-170.84%	-21.31%	-19.74%	-27.17%	-	-	Upgrade

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.