WELL Health Technologies 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	1,400	919.69	776.05	569.14	302.32
Revenue Growth (YoY)	52.24%	18.51%	36.36%	88.25%	501.76%
Cost of Revenue	781.34	556.68	403.79	265.85	148.63
Gross Profit	618.84	363.01	372.27	303.29	153.7
Selling, General & Admin	409.69	306.2	250.82	199.62	102.51
Depreciation & Amortization Expenses	93.76	72.31	60.77	55.2	38.71
Other Operating Expenses	36.91	14.7	25.53	25.15	25.76
Total Operating Expenses	540.36	393.21	337.11	279.98	166.98
Operating Income	78.49	-30.2	35.16	23.31	-13.29
Interest Income	-1.04	-3.07	0.39	0.25	0.35
Interest Expense	-57.88	-37.62	-33.6	-25.29	-9.01
Other Non-Operating Income (Expense)	-14.26	79.87	17.56	19.25	-3.54
Total Non-Operating Income (Expense)	-73.18	39.19	-15.66	-5.79	-12.2
Pretax Income	5.31	8.99	19.5	17.53	-25.49
Provision for Income Taxes	0.85	-20.1	2.86	-1.15	5.8
Net Income	-7.36	32.61	0.08	1.37	-44.18
Minority Interest in Earnings	11.82	-3.51	16.56	17.31	12.89
Net Income to Common	-7.36	32.61	0.08	1.37	-44.18
Net Income Growth	-	39667.07%	-94.01%	-	-
Shares Outstanding (Basic)	253	247	237	221	191
Shares Outstanding (Diluted)	253	255	237	221	191
Shares Change (YoY)	-0.73%	7.66%	7.18%	15.61%	42.56%
EPS (Basic)	-0.03	0.13	-	-	-0.23
EPS (Diluted)	-0.03	0.13	-	-	-0.23
Shares Outstanding	253.99	249.09	241.43	231.05	209.15
Free Cash Flow	94.02	-6.7	58.33	70.14	19.59
Free Cash Flow Growth	-	-	-16.84%	258.12%	-
Free Cash Flow Per Share	0.37	-0.03	0.25	0.32	0.10
Gross Margin	44.20%	39.47%	47.97%	53.29%	50.84%
Operating Margin	5.61%	-3.28%	4.53%	4.10%	-4.39%
Profit Margin	0.32%	3.16%	2.14%	3.28%	-10.35%
FCF Margin	6.71%	-0.73%	7.52%	12.32%	6.48%
EBITDA	172.25	42.11	95.93	78.51	25.42
EBITDA Margin	12.30%	4.58%	12.36%	13.80%	8.41%
EBIT	78.49	-30.2	35.16	23.31	-13.29
EBIT Margin	5.61%	-3.28%	4.53%	4.10%	-4.39%
Effective Tax Rate	15.94%	-223.58%	14.67%	-6.56%	-22.77%

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