Spartan Delta Corp. (TSX:SDE)

Spartan Delta Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	424.84	369.97	275.06	592.8	1,315	552.2
Revenue Growth (YoY)	51.20%	34.51%	-53.60%	-54.93%	138.19%	507.89%
Cost of Revenue	147.22	137.86	111.89	183.18	309.59	153.21
Gross Profit	277.61	232.12	163.17	409.61	1,006	398.99
Selling, General & Admin	18.01	17.23	18.36	20.18	25.54	21.35
Other Operating Expenses	-7.24	-42.25	-18.8	-50.59	34.43	30.67
Operating Expenses	188.88	135.07	116.57	169.14	283.43	161.16
Operating Income	88.73	97.05	46.6	240.48	722.25	237.83
Interest Expense	-1.96	-	-	-40	-28.83	-13.59
Interest & Investment Income	-	-	-	23.72	0.74	0.41
Currency Exchange Gain (Loss)	-0.15	-0.18	0.06	-0.58	1.1	0.31
Other Non Operating Income (Expenses)	-3.99	-3.54	-2.88	-0.32	15.06	10.64
EBT Excluding Unusual Items	82.63	93.33	43.78	223.3	710.32	235.59
Merger & Restructuring Charges	-	-	-	-18.3	-0.14	-4
Gain (Loss) on Sale of Assets	-0.01	0.01	0.15	543.21	2.1	0.47
Asset Writedown	-	-	-	-	-7.5	-
Other Unusual Items	-	-	-	3.1	5.25	124.47
Pretax Income	82.62	93.35	43.93	751.3	710.03	356.53
Income Tax Expense	21.08	23.33	9.65	88.19	28.94	22.31
Earnings From Continuing Operations	61.55	70.02	34.28	663.11	681.09	334.22
Net Income	61.55	70.02	34.28	663.11	681.09	334.22
Net Income to Common	61.55	70.02	34.28	663.11	681.09	334.22
Net Income Growth	243.47%	104.23%	-94.83%	-2.64%	103.78%	601.22%
Shares Outstanding (Basic)	201	198	173	173	156	116
Shares Outstanding (Diluted)	205	203	175	173	175	133
Shares Change (YoY)	14.17%	15.59%	1.08%	-1.13%	31.49%	140.89%
EPS (Basic)	0.31	0.35	0.20	3.84	4.36	2.89
EPS (Diluted)	0.31	0.35	0.20	3.82	3.88	2.50
EPS Growth	202.80%	76.98%	-94.82%	-1.55%	55.20%	190.70%
Free Cash Flow	-175.16	-146.14	-15.74	171.57	354.75	-333.18
Free Cash Flow Per Share	-0.85	-0.72	-0.09	0.99	2.02	-2.50
Gross Margin	65.35%	62.74%	59.32%	69.10%	76.46%	72.25%
Operating Margin	20.89%	26.23%	16.94%	40.57%	54.91%	43.07%
Profit Margin	14.49%	18.92%	12.46%	111.86%	51.78%	60.52%
Free Cash Flow Margin	-41.23%	-39.50%	-5.72%	28.94%	26.97%	-60.34%
EBITDA	246.21	237.25	149.03	382.59	920.47	334.64
EBITDA Margin	57.95%	64.13%	54.18%	64.54%	69.98%	60.60%
D&A For EBITDA	157.48	140.2	102.43	142.11	198.23	96.81
EBIT	88.73	97.05	46.6	240.48	722.25	237.83
EBIT Margin	20.89%	26.23%	16.94%	40.57%	54.91%	43.07%
Effective Tax Rate	25.51%	25.00%	21.96%	11.74%	4.08%	6.26%

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