Starcore International Mines Ltd. (TSX:SAM)

The Duckhorn Portfolio Income Statement

Financials in millions CAD. Fiscal year is May - April.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Revenue	32.16	28.33	22.91	25.68	26.8
Revenue Growth (YoY)	13.53%	23.66%	-10.79%	-4.18%	7.97%
Cost of Revenue	22.53	23.14	19.03	16.96	16.04
Gross Profit	9.63	5.19	3.87	8.72	10.76
Selling, General & Admin	6.41	3.92	4.52	3.02	2.62
Other Operating Expenses	0.33	0.24	0.2	0.16	0.09
Operating Expenses	10.05	6.94	7.91	6.62	7.11
Operating Income	-0.41	-1.75	-4.03	2.1	3.65
Interest Expense	-0.04	-0.01	-0.01	-0.02	-0.06
Interest & Investment Income	0.11	0.16	0.08	0	0.01
Currency Exchange Gain (Loss)	0.06	0.62	0.47	0.09	-0.7
Other Non Operating Income (Expenses)	-0.89	-0.71	-0.9	-0.74	-0.34
EBT Excluding Unusual Items	-1.17	-1.7	-4.4	1.43	2.56
Gain (Loss) on Sale of Investments	0.1	-0.31	0.19	-0.29	-
Gain (Loss) on Sale of Assets	-0.04	0.04	0.03	1.56	-1.12
Pretax Income	-1.12	-1.97	-4.18	2.7	1.44
Income Tax Expense	-1.33	-3.6	1.07	0.3	-1.45
Net Income	0.22	1.63	-5.26	2.41	2.89
Net Income to Common	0.22	1.63	-5.26	2.41	2.89
Net Income Growth	-86.83%	-	-	-16.84%	-
Shares Outstanding (Basic)	70	60	54	50	50
Shares Outstanding (Diluted)	70,454	60	54	50	52
Shares Change (YoY)	116643.78%	10.94%	9.57%	-4.34%	4.53%
EPS (Basic)	0.00	0.03	-0.10	0.05	0.06
EPS (Diluted)	0.00	0.03	-0.10	0.05	0.06
EPS Growth	-88.72%	-	-	-16.84%	-
Free Cash Flow	-1.9	-0.85	-3.83	3.08	6.15
Free Cash Flow Per Share	-	-0.01	-0.07	0.06	0.12
Gross Margin	29.95%	18.31%	16.91%	33.95%	40.15%
Operating Margin	-1.28%	-6.18%	-17.60%	8.16%	13.62%
Profit Margin	0.67%	5.76%	-22.95%	9.37%	10.79%
Free Cash Flow Margin	-5.90%	-3.02%	-16.71%	12.00%	22.96%
EBITDA	2.82	0.9	-1.06	5.08	7.47
EBITDA Margin	8.76%	3.18%	-4.64%	19.78%	27.88%
D&A For EBITDA	3.23	2.65	2.97	2.98	3.82
EBIT	-0.41	-1.75	-4.03	2.1	3.65
EBIT Margin	-1.28%	-6.18%	-17.60%	8.16%	13.62%
Effective Tax Rate	-	-	-	10.96%	-
Revenue as Reported	-	-	22.91	25.68	26.8

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.