Baylin Technologies 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	76.31	83.59	73.04	78.22	102.49
Revenue Growth (YoY)	-8.71%	14.44%	-6.62%	-23.68%	-14.40%
Cost of Revenue	42.21	49.2	44.64	49.37	87.38
Gross Profit	34.09	34.39	28.4	28.85	15.11
Selling, General & Admin	22.83	24.08	25.74	28.06	30.33
Research & Development	12.39	12.24	11.46	10.67	13.68
Other Operating Expenses	-	2.61	3.36	-	25.95
Total Operating Expenses	35.22	38.92	40.55	38.72	69.97
Operating Income	-1.13	-4.53	-5.44	-9.87	-54.86
Interest Expense	-3.49	-1.59	-3.83	-2.89	-4.1
Other Non-Operating Income (Expense)	0.53	-1.54	1.13	0.31	-1.93
Total Non-Operating Income (Expense)	-2.96	-3.14	-2.7	-2.58	-6.03
Pretax Income	-3.96	-7.55	-8.07	-12.56	-60.75
Provision for Income Taxes	0.72	0.91	0.15	0.1	6.67
Net Income	-4.67	-7.85	-13.85	-16.88	-67.42
Earnings From Discontinued Operations	-	0.61	-5.64	-4.21	-
Net Income to Common	-4.67	-7.85	-13.85	-16.88	-67.42
Shares Outstanding (Basic)	152	151	87	105	62
Shares Outstanding (Diluted)	152	151	87	105	62
Shares Change (YoY)	0.71%	73.02%	-17.23%	70.56%	51.81%
EPS (Basic)	-0.03	-0.05	-0.16	-0.16	-1.09
EPS (Diluted)	-0.03	-0.05	-0.16	-0.16	-1.09
Shares Outstanding	152.65	151.42	150.82	80.3	80.1
Free Cash Flow	0.3	0.33	-7.39	-7.08	-8.29
Free Cash Flow Growth	-7.34%	-	-	-	-
Free Cash Flow Per Share	0.00	0.00	-0.08	-	-0.13
Gross Margin	44.68%	41.14%	38.88%	36.89%	14.74%
Operating Margin	-1.48%	-5.42%	-7.45%	-12.62%	-53.52%
Profit Margin	-6.13%	-10.12%	-11.25%	-16.19%	-65.78%
FCF Margin	0.40%	0.39%	-10.11%	-9.06%	-8.09%
EBITDA	1.19	-1.82	-1.56	-1.99	-43.88
EBITDA Margin	1.55%	-2.17%	-2.14%	-2.55%	-42.81%
EBIT	-1.13	-4.53	-5.44	-9.87	-54.86
EBIT Margin	-1.48%	-5.42%	-7.45%	-12.62%	-53.52%
Effective Tax Rate	-18.18%	-12.01%	-1.81%	-0.80%	-10.98%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.