Sherritt International 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	177.3	158.8	223.3	178.8	110.2
Revenue Growth (YoY)	11.65%	-28.88%	24.89%	62.25%	-8.01%
Cost of Revenue	163.4	138.5	265.5	162.7	141
Gross Profit	13.9	20.3	-42.2	16.1	-30.8
Selling, General & Admin	39.1	36.7	23.1	36.9	47.2
Depreciation & Amortization Expenses	-	8.4	-	1.3	-
Total Operating Expenses	39.1	45.1	23.1	38.2	47.2
Operating Income	-25.2	-24.8	-65.3	-22.1	-78
Interest Income	-48.7	-17	22.7	152.8	101.9
Interest Expense	-32.5	-40.5	-36.5	-38.6	-30.3
Other Non-Operating Income (Expense)	43.6	11.8	17	-28.8	-5.9
Total Non-Operating Income (Expense)	-37.6	-45.7	3.2	85.4	65.7
Pretax Income	-62.8	-70.5	-62.1	63.3	-12.3
Provision for Income Taxes	2.6	2.6	2.2	-0.4	1.1
Net Income	-65.7	-72.8	-64.6	63.5	-18.4
Earnings From Discontinued Operations	-0.3	0.3	-0.3	-0.2	-5
Net Income to Common	-65.7	-72.8	-64.6	63.5	-18.4
Shares Outstanding (Basic)	463	397	397	397	397
Shares Outstanding (Diluted)	463	397	397	397	397
Shares Change (YoY)	16.61%	-	-	-	-
EPS (Basic)	-0.14	-0.18	-0.16	0.16	-0.05
EPS (Diluted)	-0.14	-0.18	-0.16	0.16	-0.05
Free Cash Flow	5	-32.7	7.2	61	-14.3
Free Cash Flow Growth	-	-	-88.20%	-	-
Free Cash Flow Per Share	-	-0.08	0.02	0.15	-0.04
Gross Margin	7.84%	12.78%	-18.90%	9.00%	-27.95%
Operating Margin	-14.21%	-15.62%	-29.24%	-12.36%	-70.78%
Profit Margin	-36.89%	-46.03%	-28.80%	35.63%	-12.16%
FCF Margin	2.82%	-20.59%	3.22%	34.12%	-12.98%
EBITDA	-11.1	-10.8	-51	3.9	-43
EBITDA Margin	-6.26%	-6.80%	-22.84%	2.18%	-39.02%
EBIT	-25.2	-24.8	-65.3	-22.1	-78
EBIT Margin	-14.21%	-15.62%	-29.24%	-12.36%	-70.78%
Effective Tax Rate	-4.14%	-3.69%	-3.54%	-0.63%	-8.94%

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