Source Energy Services Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Revenue	651.96	700.31	673.95	569.75	415.91	319.86
Revenue Growth (YoY)	-8.55%	3.91%	18.29%	36.99%	30.03%	28.01%
Cost of Revenue	294.94	42.68	35.29	460.34	357.77	280.53
Gross Profit	357.02	657.62	638.66	109.41	58.15	39.33
Selling, General & Admin	15.79	17.46	19.49	13.97	10.03	9.28
Depreciation & Amortization Expenses	23.42	22.36	17.08	11.81	10.56	9.87
Other Operating Expenses	28.58	30.25	25.48	22.92	20.08	16.51
Total Operating Expenses	67.78	70.08	62.05	48.71	40.66	35.67
Operating Income	34.03	46.5	65.29	60.7	17.48	3.66
Interest Expense	-30.86	-30.4	-34.62	-36.34	-33.15	-30.32
Other Non-Operating Income (Expense)	-6.55	4.43	17.12	141.24	-12.48	2.04
Total Non-Operating Income (Expense)	-37.42	-25.97	-17.5	104.9	-45.63	-28.28
Pretax Income	3.7	38.46	17.85	149.97	-8.77	-24.4
Provision for Income Taxes	-2.49	5.38	8.34	-17.38	-	-
Net Income	6.18	33.08	9.51	167.35	-8.77	-24.4
Net Income to Common	6.18	33.08	9.51	167.35	-8.77	-24.4
Net Income Growth	-80.19%	247.89%	-94.32%	-	-	-
Shares Outstanding (Basic)	13	13	14	14	13	14
Shares Outstanding (Diluted)	13	13	14	14	13	14
Shares Change (YoY)	-9.49%	-1.50%	-3.84%	4.40%	-0.48%	173.19%
EPS (Basic)	0.46	2.48	0.70	11.88	-0.65	-1.80
EPS (Diluted)	0.46	2.48	0.70	11.88	-0.65	-1.80
EPS Growth	-79.19%	254.29%	-94.11%	-	-	-
Shares Outstanding	13.08	13.08	13.55	13.55	13.55	13.55
Free Cash Flow	25.75	57.84	51.07	58.13	65.37	7.49
Free Cash Flow Growth	-55.48%	13.26%	-12.15%	-11.08%	772.35%	-79.00%
Free Cash Flow Per Share	1.92	4.33	3.77	4.13	4.85	0.55
Gross Margin	78.36%	93.91%	94.76%	19.20%	13.98%	12.30%
Operating Margin	5.22%	6.64%	9.69%	10.65%	4.20%	1.14%
Profit Margin	0.95%	4.72%	1.41%	29.37%	-2.11%	-7.63%
FCF Margin	3.95%	8.26%	7.58%	10.20%	15.72%	2.34%
EBITDA	104.09	111.54	117.66	98.28	48.86	34.64
EBITDA Margin	15.97%	15.93%	17.46%	17.25%	11.75%	10.83%
EBIT	34.03	46.5	65.29	60.7	17.48	3.66
EBIT Margin	5.22%	6.64%	9.69%	10.65%	4.20%	1.14%
Effective Tax Rate	-67.32%	13.98%	46.74%	-11.59%	0.00%	0.00%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.