WELL Health Technologies Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,209	919.69	776.05	569.14	302.32	50.24
Revenue Growth (YoY)	31.92%	18.51%	36.36%	88.25%	501.76%	53.12%
Cost of Revenue	725.51	556.68	403.79	265.85	148.63	29.03
Gross Profit	483.14	363.01	372.27	303.29	153.7	21.22
Selling, General & Admin	377.58	306.2	250.82	199.62	102.51	22.38
Depreciation & Amortization Expenses	92.42	72.31	60.77	55.2	38.71	4.59
Other Operating Expenses	27.36	15.84	26.8	23.81	16.26	4.78
Total Operating Expenses	497.37	394.35	338.38	278.64	157.48	31.75
Operating Income	-12.02	-30.2	35.16	23.31	-13.29	-10.53
Interest Income	-2.44	-3.07	0.39	0.25	0.35	-0.13
Interest Expense	-49.83	-37.62	-33.6	-25.29	-9.01	-1.94
Other Non-Operating Income (Expense)	2.94	79.87	17.56	19.25	-3.54	5.38
Total Non-Operating Income (Expense)	-49.32	39.19	-15.66	-5.79	-12.2	3.31
Pretax Income	-22.55	8.99	19.5	17.53	-25.49	-7.22
Provision for Income Taxes	4.8	20.1	-2.86	1.15	-5.8	4.36
Net Income	-43.25	32.61	0.08	1.37	-44.18	-3.72
Minority Interest in Earnings	16.02	3.51	-16.56	-17.31	-12.89	-0.48
Net Income to Common	-43.25	32.61	0.08	1.37	-44.18	-3.72
Net Income Growth	-	39667.07%	-94.01%	-	-	-
Shares Outstanding (Basic)	481	247	237	221	191	134
Shares Outstanding (Diluted)	481	255	237	221	191	134
Shares Change (YoY)	91.51%	7.66%	7.18%	15.61%	42.56%	38.17%
EPS (Basic)	-0.09	0.13	-	-	-0.23	-0.03
EPS (Diluted)	-0.09	0.13	-	-	-0.23	-0.03
Free Cash Flow	-52.1	-6.7	58.33	70.14	19.59	-6.52
Free Cash Flow Growth	-	-	-16.84%	258.12%	-	-
Free Cash Flow Per Share	-	-0.03	0.25	0.32	0.10	-0.05
Gross Margin	39.97%	39.47%	47.97%	53.29%	50.84%	42.23%
Operating Margin	-0.99%	-3.28%	4.53%	4.10%	-4.39%	-20.97%
Profit Margin	-4.90%	3.16%	2.14%	3.28%	-10.35%	-23.05%
FCF Margin	-4.31%	-0.73%	7.52%	12.32%	6.48%	-12.97%
EBITDA	80.4	42.11	95.93	78.51	25.42	-5.94
EBITDA Margin	6.65%	4.58%	12.36%	13.80%	8.41%	-11.83%
EBIT	-12.02	-30.2	35.16	23.31	-13.29	-10.53
EBIT Margin	-0.99%	-3.28%	4.53%	4.10%	-4.39%	-20.97%
Effective Tax Rate	-21.28%	223.58%	-14.67%	6.56%	22.77%	-60.42%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.