Blackline Safety Income Statement

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

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Revenue	151.64	150.47	127.29	100.01	72.93	54.31
Revenue Growth (YoY)	9.38%	18.21%	27.28%	37.12%	34.28%	41.52%
Cost of Revenue	53.45	55.14	53.04	47.23	40.69	27.92
Gross Profit	98.19	95.33	74.25	52.78	32.24	26.39
Selling, General & Admin	81.05	79.09	67.78	60.76	59.54	42.3
Research & Development	23.58	22.6	19.55	18.51	24.68	16.39
Other Operating Expenses	2.15	-0.56	-2.43	-2.04	1.54	0.99
Total Operating Expenses	106.78	101.13	84.89	77.23	85.76	59.68
Operating Income	-8.59	-5.8	-10.65	-24.45	-53.52	-33.29
Interest Income	1.2	0.72	-0.65	0.22	0.27	0.17
Total Non-Operating Income (Expense)	1.2	0.72	-0.65	0.22	0.27	0.17
Pretax Income	-7.39	-5.08	-11.3	-24.23	-53.25	-33.12
Provision for Income Taxes	2.97	3.59	1.3	1.32	0.39	-0.19
Net Income	-10.36	-8.67	-12.6	-25.55	-53.65	-33.31
Net Income to Common	-10.36	-8.67	-12.6	-25.55	-53.65	-33.31
Shares Outstanding (Basic)	87	86	76	73	63	49
Shares Outstanding (Diluted)	87	86	76	73	63	49
Shares Change (YoY)	10.32%	12.22%	4.44%	16.63%	26.64%	0.74%
EPS (Basic)	-0.12	-0.10	-0.17	-0.35	-0.86	-0.67
EPS (Diluted)	-0.12	-0.10	-0.17	-0.35	-0.86	-0.67
Free Cash Flow	-11.02	-15.34	-6.46	-29.42	-59.22	-34.43
Free Cash Flow Per Share	-0.13	-0.18	-0.08	-	-0.95	-0.70
Gross Margin	64.75%	63.36%	58.33%	52.78%	44.20%	48.60%
Operating Margin	-5.67%	-3.85%	-8.36%	-24.45%	-73.38%	-61.29%
Profit Margin	-6.83%	-5.76%	-9.90%	-25.55%	-73.56%	-61.32%
FCF Margin	-7.27%	-10.19%	-5.08%	-29.42%	-81.20%	-63.40%
EBITDA	-0.49	2.2	-2.73	-16.99	-46.9	-28.24
EBITDA Margin	-0.32%	1.46%	-2.15%	-16.99%	-64.31%	-51.99%
EBIT	-8.59	-5.8	-10.65	-24.45	-53.52	-33.29
EBIT Margin	-5.67%	-3.85%	-8.36%	-24.45%	-73.38%	-61.29%
Effective Tax Rate	-40.19%	-70.70%	-11.50%	-5.43%	-0.74%	0.57%

Updated Jan 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.