PyroGenesis Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 29, 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
Market Cap	60	59	103	76	179	567
Market Cap Growth	-32.36%	-42.51%	34.92%	-57.23%	-68.44%	-1.39%
Enterprise Value	65.35	58.23	100.2	74.67	175.34	554.32
Last Close Price	0.29	0.30	0.57	0.43	1.03	3.33
Forward PE	-	12.50	12.50	12.50	12.50	12.50
PS Ratio	4.15	4.72	6.59	6.19	9.40	18.23
P/TBV Ratio	590.87	-	-	-	-	-
EV/Sales Ratio	4.52	4.63	6.40	6.05	9.22	17.84
Net Debt / Equity Ratio	10.99	-	-	-	-	-
Net Debt / EBITDA Ratio	-0.13	-0.08	0.61	0.07	0.17	0.79
Net Debt / FCF Ratio	-0.11	-0.09	1.21	0.15	0.30	0.62
Asset Turnover	2.66	1.41	1.32	0.75	0.73	1.21
Quick Ratio	3.47	2.64	-	-	-	-
Current Ratio	3.47	2.64	-	-	-	-
Return on Assets (ROA)	-189.52%	-142.03%	-54.84%	-178.08%	-89.59%	-66.36%
Return on Invested Capital (ROIC)	-222.56%	-183.94%	-68.71%	-211.58%	-128.25%	-162.27%
Return on Capital Employed (ROCE)	-283.48%	-160.88%	-54.84%	-179.46%	-89.38%	-67.64%
Buyback Yield / Dilution	10.24%	-9.23%	-1.78%	-4.03%	-2.58%	-5.27%
Total Shareholder Return	10.24%	-9.23%	-1.78%	-4.03%	-2.58%	-5.27%