AKITA Drilling Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	200.9	193.33	225.48	201	110.09
Revenue Growth (YoY)	3.92%	-14.26%	12.18%	82.58%	-8.00%
Cost of Revenue	148.15	144.05	167.03	151.88	89.84
Gross Profit	52.75	49.27	58.45	49.11	20.25
Selling, General & Admin	16.99	17.23	16.33	14.54	12.77
Operating Expenses	45.49	44.83	44.84	44.8	41.6
Operating Income	7.26	4.45	13.61	4.31	-21.35
Interest Expense	-2.19	-5.01	-6.63	-6.78	-3.55
Interest & Investment Income	0.12	0.22	0.37	0.04	0.01
Earnings From Equity Investments	11.22	13.3	8.18	5.95	1.98
Currency Exchange Gain (Loss)	-	-	-	0.21	-
Other Non Operating Income (Expenses)	-0.57	0.49	0.43	-0.29	-
EBT Excluding Unusual Items	15.83	13.45	15.97	3.45	-22.92
Gain (Loss) on Sale of Assets	0.38	0.19	2.58	0.09	0.58
Other Unusual Items	-	-	-	-	0.55
Pretax Income	16.97	15.77	18.55	3.54	-21.78
Income Tax Expense	3.06	2.91	0.13	-0.75	-0.79
Net Income	13.92	12.86	18.42	4.29	-20.99
Net Income to Common	13.92	12.86	18.42	4.29	-20.99
Net Income Growth	8.19%	-30.15%	329.45%	-	-
Shares Outstanding (Basic)	40	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40	40
Shares Change (YoY)	0.80%	-0.07%	0.04%	1.22%	-
EPS (Basic)	0.35	0.32	0.46	0.11	-0.53
EPS (Diluted)	0.34	0.32	0.46	0.11	-0.53
EPS Growth	6.25%	-30.44%	325.06%	-	-
Free Cash Flow	12.4	2.22	10.98	0.22	-19.88
Free Cash Flow Per Share	0.31	0.06	0.27	0.01	-0.50
Gross Margin	26.26%	25.49%	25.92%	24.43%	18.40%
Operating Margin	3.61%	2.30%	6.04%	2.14%	-19.39%
Profit Margin	6.93%	6.65%	8.17%	2.13%	-19.07%
Free Cash Flow Margin	6.17%	1.15%	4.87%	0.11%	-18.06%
EBITDA	35.2	32.04	41.32	33.71	6.47
EBITDA Margin	17.52%	16.57%	18.32%	16.77%	5.88%
D&A For EBITDA	27.94	27.59	27.71	29.4	27.82
EBIT	7.26	4.45	13.61	4.31	-21.35
EBIT Margin	3.61%	2.30%	6.04%	2.14%	-19.39%
Effective Tax Rate	18.00%	18.45%	0.70%	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.