CEMATRIX Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	45.75	45.09	35.36	53.3	29	22.6
Revenue Growth (YoY)	36.34%	27.51%	-33.65%	83.76%	28.33%	-14.92%
Cost of Revenue	30.68	29.28	25.95	41.42	26.49	18.7
Gross Profit	15.06	15.81	9.42	11.88	2.52	3.9
Selling, General & Admin	9.85	10.05	8.93	9.14	7.26	6.63
Total Operating Expenses	9.85	10.05	8.93	9.14	7.26	6.63
Operating Income	5.21	5.77	0.49	2.74	-4.74	-2.73
Interest Expense	-0.32	-0.34	-0.28	-0.61	-1.15	-1.31
Other Non-Operating Income (Expense)	-0.46	-0.61	-0.2	-0.55	-0.56	1.34
Total Non-Operating Income (Expense)	-0.78	-0.95	-0.47	-1.16	-1.7	0.03
Pretax Income	4.43	4.82	0.02	1.58	-6.44	-2.7
Provision for Income Taxes	-0.3	-0.44	0.43	-0.21	0.93	1.02
Net Income	3.81	4.06	0.27	1.24	-5.56	-1.86
Net Income to Common	3.81	4.06	0.27	1.24	-5.56	-1.86
Net Income Growth	-	1403.70%	-78.14%	-	-	-
Shares Outstanding (Basic)	150	150	142	134	134	115
Shares Outstanding (Diluted)	153	154	144	137	134	115
Shares Change (YoY)	2.99%	6.91%	5.10%	2.39%	16.08%	85.96%
EPS (Basic)	0.03	0.03	0.00	0.01	-0.04	-0.02
EPS (Diluted)	0.02	0.03	0.00	0.01	-0.04	-0.02
EPS Growth	-	1200.00%	-77.78%	-	-	-
Shares Outstanding	149.81	149.7	150.43	135.28	133.95	133.94
Free Cash Flow	9.62	3.3	2.9	-1.46	-5.09	-1.51
Free Cash Flow Growth	191.72%	13.61%	-	-	-	-
Free Cash Flow Per Share	0.06	0.02	0.02	-0.01	-0.04	-0.01
Gross Margin	32.93%	35.07%	26.63%	22.29%	8.68%	17.25%
Operating Margin	11.39%	12.79%	1.39%	5.14%	-16.34%	-12.09%
Profit Margin	10.35%	11.66%	-1.15%	3.36%	-25.40%	-16.46%
FCF Margin	21.03%	7.31%	8.21%	-2.74%	-17.54%	-6.67%
EBITDA	7.63	8.16	2.7	4.99	-2.88	-0.25
EBITDA Margin	16.69%	18.09%	7.64%	9.36%	-9.94%	-1.09%
EBIT	5.21	5.77	0.49	2.74	-4.74	-2.73
EBIT Margin	11.39%	12.79%	1.39%	5.14%	-16.34%	-12.09%
Effective Tax Rate	-6.84%	-9.14%	2130.00%	-13.44%	-14.38%	-37.74%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.