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
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 Expense	-3.43	-3.67	-1.08	-0.23	-0.28
Interest & Investment Income	0.52	0.68	0.01	0	0.01
Currency Exchange Gain (Loss)	9.17	1.4	0.55	0.87	-3.21
EBT Excluding Unusual Items	-2.19	-7.53	-14.46	-9.13	-9.84
Pretax Income	-2.19	-7.53	-14.46	-9.13	-9.84
Income Tax Expense	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
Free Cash Flow	11.98	8.58	-0.51	2.66	1.66
Free Cash Flow Per Share	0.13	0.10	-0.01	0.03	0.02
Gross Margin	75.78%	75.11%	67.59%	61.70%	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%
Free Cash Flow Margin	18.94%	17.54%	-1.50%	11.21%	10.72%
EBITDA	-8.15	-5.6	-13.56	-9.35	-6.04
EBITDA Margin	-12.88%	-11.44%	-39.62%	-39.37%	-38.95%
D&A For EBITDA	0.3	0.35	0.38	0.42	0.32
EBIT	-8.45	-5.95	-13.93	-9.77	-6.35
EBIT Margin	-13.35%	-12.15%	-40.72%	-41.16%	-40.99%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.