Organigram Global Income Statement

Financials in millions CAD. Fiscal year is October - September.

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Revenue	259.18	-	149.21	145.81	79.16
Revenue Growth (YoY)	-	-	2.33%	84.19%	-8.79%
Cost of Revenue	168.97	-	114.13	114.24	107.56
Gross Profit	90.22	-	35.07	31.57	-28.4
Selling, General & Admin	90.6	-	66.81	64.51	48.94
Research & Development	10.95	-	12.19	5.96	3.65
Operating Expenses	105.52	-	83.86	70.48	52.59
Operating Income	-15.3	-	-48.79	-38.91	-80.99
Interest Expense	-	-	-	-0.43	-2.96
Interest & Investment Income	1.15	-	3.41	1.49	0.85
Earnings From Equity Investments	-	-	-0.93	-1.36	-1.12
Other Non Operating Income (Expenses)	-0.03	-	4.54	32.65	-29.83
EBT Excluding Unusual Items	-14.18	-	-41.77	-6.56	-114.04
Merger & Restructuring Charges	-6.58	-	-	-	-
Impairment of Goodwill	-	-	-38.75	-	-
Gain (Loss) on Sale of Assets	-0.01	-	-0.39	-6.58	-2.43
Asset Writedown	-	-	-155.2	-4.25	-10.83
Legal Settlements	-	-	-	0.31	-2.75
Other Unusual Items	-17.76	-	3.11	2.53	-0.66
Pretax Income	-38.53	-	-233	-14.37	-130.7
Income Tax Expense	-13.77	-	-3.52	-0.09	-
Earnings From Continuing Operations	-24.76	-	-229.48	-14.28	-130.7
Net Income	-24.76	-	-229.48	-14.28	-130.7
Net Income to Common	-24.76	-	-229.48	-14.28	-130.7
Shares Outstanding (Basic)	128	-	81	77	64
Shares Outstanding (Diluted)	128	-	81	77	64
Shares Change (YoY)	-	-	5.26%	20.61%	48.33%
EPS (Basic)	-0.19	-	-2.82	-0.18	-2.04
EPS (Diluted)	-0.19	-	-2.82	-0.18	-2.04
Free Cash Flow	-24.61	-	-62.7	-84.96	-40.35
Free Cash Flow Per Share	-0.19	-	-0.77	-1.10	-0.63
Gross Margin	34.81%	-	23.51%	21.65%	-35.87%
Operating Margin	-5.90%	-	-32.70%	-26.68%	-102.30%
Profit Margin	-9.55%	-	-153.80%	-9.80%	-165.11%
Free Cash Flow Margin	-9.50%	-	-42.02%	-58.27%	-50.97%
EBITDA	0.76	-	-25.37	-15.06	-50.92
EBITDA Margin	0.29%	-	-17.00%	-10.32%	-64.33%
D&A For EBITDA	16.06	-	23.42	23.85	30.06
EBIT	-15.3	-	-48.79	-38.91	-80.99
EBIT Margin	-5.90%	-	-32.70%	-26.68%	-102.30%
Revenue as Reported	259.18	-	149.21	145.81	79.16

Source: S&P Global Market Intelligence. Standard template. Financial Sources.