Big Rock Brewery Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 30, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 30, 2022	Dec '21 Dec 30, 2021	Dec '20 Dec 30, 2020
Revenue	53.71	43.36	43.68	47.1	45.98	43.98
Revenue Growth (YoY)	25.86%	-0.72%	-7.26%	2.43%	4.54%	3.12%
Cost of Revenue	39.08	32.65	30.73	36.62	31.16	27.5
Gross Profit	14.62	10.71	12.95	10.48	14.82	16.49
Selling, General & Admin	16.36	16.32	13.88	16.71	16.17	14.38
Depreciation & Amortization Expenses	0.44	0.53	0.63	0.7	0.66	0.74
Other Operating Expenses	-	1.63	-	-	-	1.5
Total Operating Expenses	16.8	18.48	14.51	17.4	16.83	16.62
Operating Income	-2.18	-6.14	-1.55	-6.92	-2.01	-0.13
Interest Expense	-1.15	-2.6	-2.12	-0.98	-1.37	-0.51
Other Non-Operating Income (Expense)	-0.11	3.1	-0.43	0.69	-0.84	-0.01
Total Non-Operating Income (Expense)	-1.27	0.5	-2.55	-0.29	-2.22	-0.52
Pretax Income	-5.17	-13.47	-3.25	-9.07	-4.08	-0.63
Provision for Income Taxes	-	-	-0.31	-1.97	-0.82	0.04
Net Income	-9.54	-13.47	-2.93	-7.1	-3.26	-0.67
Net Income to Common	-9.54	-13.47	-2.93	-7.1	-3.26	-0.67
Shares Outstanding (Basic)	20	7	7	7	7	7
Shares Outstanding (Diluted)	20	7	7	7	7	7
Shares Change (YoY)	176.92%	0.39%	-0.10%	0.77%	3.98%	-4.27%
EPS (Basic)	-1.40	-1.92	-0.42	-1.02	-0.47	-0.10
EPS (Diluted)	-1.40	-1.92	-0.42	-1.02	-0.47	-0.10
Free Cash Flow	-6.76	-4.81	-2.63	-2.4	-6.57	3.17
Free Cash Flow Per Share	-0.34	-0.69	-0.38	-0.34	-0.95	-
Gross Margin	27.22%	24.71%	29.65%	22.26%	32.23%	37.48%
Operating Margin	-4.06%	-14.17%	-3.56%	-14.69%	-4.37%	-0.30%
Profit Margin	-17.77%	-31.06%	-6.72%	-15.08%	-7.08%	-1.51%
FCF Margin	-12.59%	-11.09%	-6.01%	-5.09%	-14.30%	7.20%
EBITDA	0.21	-3.24	2.19	-3.03	1.32	3.61
EBITDA Margin	0.38%	-7.48%	5.01%	-6.44%	2.88%	8.20%
EBIT	-2.18	-6.14	-1.55	-6.92	-2.01	-0.13
EBIT Margin	-4.06%	-14.17%	-3.56%	-14.69%	-4.37%	-0.30%
Effective Tax Rate	-	0.00%	9.61%	21.69%	20.09%	-6.05%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.