Blackline Safety Corp. (TSX:BLN)

Blackline Safety Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Revenue	150.47	127.29	100.01	72.93	54.31
Revenue Growth (YoY)	18.21%	27.28%	37.12%	34.28%	41.52%
Cost of Revenue	55.14	53.04	47.23	40.69	28.3
Gross Profit	95.33	74.25	52.78	32.24	26.01
Selling, General & Admin	79.09	67.78	60.76	59.54	42.99
Research & Development	22.6	19.55	18.51	24.68	16.76
Operating Expenses	101.69	87.33	79.27	84.22	59.75
Operating Income	-6.36	-13.08	-26.49	-51.98	-33.74
Interest Expense	-2.12	-1.99	-0.85	-0.14	-0.11
Interest & Investment Income	2.84	1.34	1.07	0.41	0.28
Currency Exchange Gain (Loss)	0.56	2.43	2.04	-1.54	-0.99
EBT Excluding Unusual Items	-5.08	-11.3	-24.23	-53.25	-34.56
Other Unusual Items	-	-	-	-	1.44
Pretax Income	-5.08	-11.3	-24.23	-53.25	-33.12
Income Tax Expense	3.59	1.3	1.32	0.39	0.19
Net Income	-8.67	-12.6	-25.55	-53.65	-33.31
Net Income to Common	-8.67	-12.6	-25.55	-53.65	-33.31
Shares Outstanding (Basic)	86	76	72	63	49
Shares Outstanding (Diluted)	86	76	72	63	49
Shares Change (YoY)	12.22%	5.56%	15.38%	26.64%	0.74%
EPS (Basic)	-0.10	-0.17	-0.35	-0.86	-0.67
EPS (Diluted)	-0.10	-0.17	-0.35	-0.86	-0.67
Free Cash Flow	-15.34	-6.46	-29.42	-59.22	-34.43
Free Cash Flow Per Share	-0.18	-0.09	-0.41	-0.95	-0.70
Gross Margin	63.36%	58.33%	52.78%	44.20%	47.89%
Operating Margin	-4.23%	-10.28%	-26.48%	-71.27%	-62.12%
Profit Margin	-5.76%	-9.89%	-25.55%	-73.56%	-61.32%
Free Cash Flow Margin	-10.19%	-5.08%	-29.42%	-81.20%	-63.40%
EBITDA	0.7	-6.09	-19.96	-46.27	-29.36
EBITDA Margin	0.46%	-4.79%	-19.96%	-63.44%	-54.05%
D&A For EBITDA	7.06	6.99	6.53	5.71	4.38
EBIT	-6.36	-13.08	-26.49	-51.98	-33.74
EBIT Margin	-4.23%	-10.28%	-26.48%	-71.27%	-62.12%
Revenue as Reported	150.47	127.29	100.01	72.93	54.31

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