Rubellite Energy Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	178.77	148.11	80.46	48.78	13.3
Other Revenue	5.36	0.18	-	-	-
Revenue	184.12	148.29	80.46	48.78	13.3
Revenue Growth (YoY)	134.29%	84.31%	64.94%	266.86%	-
Cost of Revenue	21.98	16.69	7.37	4.4	2.41
Gross Profit	162.14	131.6	73.08	44.38	10.89
Selling, General & Admin	32.33	26.94	16.36	7.76	3.26
Other Operating Expenses	5.73	5.73	-6.2	11.03	3.73
Operating Expenses	108.17	86.64	47.7	34.08	12.07
Operating Income	53.97	44.96	25.38	10.3	-1.18
Interest Expense	-6.97	-6.97	-1.92	-0.34	-
Interest & Investment Income	-	-	-	-	0.06
Currency Exchange Gain (Loss)	-4.35	-4.35	2	-0.15	-
EBT Excluding Unusual Items	40.93	33.65	25.46	9.81	-1.12
Merger & Restructuring Charges	-6.37	-6.23	-0.15	-	-3.21
Other Unusual Items	31.62	31.62	1.29	-	-
Pretax Income	66.18	59.03	26.6	9.81	-4.33
Income Tax Expense	10.89	9.06	8.04	-14.8	-27.44
Net Income	55.29	49.97	18.56	24.61	23.11
Net Income to Common	55.29	49.97	18.56	24.61	23.11
Net Income Growth	335.02%	169.24%	-24.56%	6.49%	-
Shares Outstanding (Basic)	83	69	60	52	23
Shares Outstanding (Diluted)	84	70	61	52	23
Shares Change (YoY)	35.25%	14.15%	16.40%	125.89%	-
EPS (Basic)	0.67	0.73	0.31	0.47	1.02
EPS (Diluted)	0.66	0.72	0.30	0.47	0.99
EPS Growth	228.24%	140.00%	-36.17%	-52.52%	-
Free Cash Flow	-11.38	-10.02	-16.14	-70.34	-48.73
Free Cash Flow Per Share	-0.14	-0.14	-0.26	-1.34	-2.10
Gross Margin	88.06%	88.74%	90.84%	90.98%	81.90%
Operating Margin	29.31%	30.32%	31.55%	21.12%	-8.87%
Profit Margin	30.03%	33.70%	23.07%	50.44%	173.78%
Free Cash Flow Margin	-6.18%	-6.76%	-20.06%	-144.20%	-366.49%
EBITDA	117.09	94.81	52.87	23.77	2.99
EBITDA Margin	63.59%	63.94%	65.71%	48.72%	22.47%
D&A For EBITDA	63.11	49.85	27.49	13.46	4.17
EBIT	53.97	44.96	25.38	10.3	-1.18
EBIT Margin	29.31%	30.32%	31.55%	21.12%	-8.87%
Effective Tax Rate	16.46%	15.35%	30.23%	-	-
Revenue as Reported	174.45	138.62	88.79	37.66	9.59

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.