kneat.com 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	63.26	48.94	34.22	23.75	15.5
Revenue Growth (YoY)	29.27%	43.00%	44.10%	53.21%	108.86%
Cost of Revenue	15.32	12.18	11.09	9.09	6.18
Gross Profit	47.94	36.76	23.13	14.65	9.32
Selling, General & Admin	34.31	25.44	21.68	13.44	7.35
Research & Development	22.08	17.27	15.39	10.99	8.33
Total Operating Expenses	56.39	42.71	37.07	24.43	15.67
Operating Income	-8.45	-5.95	-13.93	-9.77	-6.35
Interest Income	0.52	0.68	0.01	0	0.01
Interest Expense	-3.43	-3.67	-1.08	0.23	0.28
Other Non-Operating Income (Expense)	-9.17	-1.4	-0.55	-0.87	3.21
Total Non-Operating Income (Expense)	-12.08	-4.39	-1.62	-0.64	3.5
Pretax Income	-2.19	-7.53	-14.46	-9.13	-9.84
Provision for Income Taxes	0.16	0.19	0.06	0.02	0.02
Net Income	-2.35	-7.73	-14.52	-9.15	-9.86
Net Income to Common	-2.35	-7.73	-14.52	-9.15	-9.86
Shares Outstanding (Basic)	95	87	78	77	74
Shares Outstanding (Diluted)	95	87	78	77	74
Shares Change (YoY)	9.67%	11.19%	0.50%	4.49%	12.45%
EPS (Basic)	-0.02	-0.09	-0.19	-0.12	-0.13
EPS (Diluted)	-0.02	-0.09	-0.19	-0.12	-0.13
Shares Outstanding	95.71	93.92	78.3	77.66	76.98
Free Cash Flow	11.98	8.58	-0.51	2.66	1.66
Free Cash Flow Growth	39.57%	-	-	60.26%	-
Free Cash Flow Per Share	0.13	0.10	-0.01	0.03	0.02
Gross Margin	75.78%	75.11%	67.59%	61.71%	60.13%
Operating Margin	-13.35%	-12.15%	-40.72%	-41.16%	-40.99%
Profit Margin	-3.71%	-15.79%	-42.43%	-38.52%	-63.60%
FCF Margin	18.94%	17.54%	-1.50%	11.21%	10.72%
EBITDA	5.54	4.19	-6.32	-4.08	-1.95
EBITDA Margin	8.76%	8.56%	-18.47%	-17.17%	-12.58%
EBIT	-8.45	-5.95	-13.93	-9.77	-6.35
EBIT Margin	-13.35%	-12.15%	-40.72%	-41.16%	-40.99%
Effective Tax Rate	-7.25%	-2.56%	-0.39%	-0.18%	-0.21%

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