Azimut Exploration Income Statement

Financials in millions CAD. Fiscal year is September - August.

Millions CAD. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Revenue	0.33	0.36	0.44	0.14	0.11	0.31
Revenue Growth (YoY)	-8.64%	-18.12%	217.85%	29.90%	-65.85%	74.75%
Gross Profit	0.33	0.36	0.44	0.14	0.11	0.31
Selling, General & Admin	2.09	1.88	2.5	1.48	1.67	1.27
Exploration Expenses	0.05	0.03	0.01	0.19	0.21	0.32
Other Operating Expenses	2	2	0.94	0.84	0.06	0.35
Total Operating Expenses	4.15	3.92	3.45	2.51	1.94	1.94
Operating Income	-3.81	-3.55	-3	-2.37	-1.83	-1.63
Interest Income	0.26	0.32	0.46	0.27	0.18	0.05
Interest Expense	-0.16	-0.08	-0.13	-0.11	-0.11	-0.03
Other Non-Operating Income (Expense)	-12.51	0.1	-1.63	-0.38	0.02	-0.03
Total Non-Operating Income (Expense)	-12.41	0.34	-1.3	-0.22	0.09	0
Pretax Income	-16.23	-3.21	-4.31	-2.59	-1.74	-1.62
Provision for Income Taxes	-0.25	-0.93	-1.08	-	3.4	1.02
Net Income	-15.98	-2.28	-3.23	-2.59	-5.14	-2.65
Net Income to Common	-15.98	-2.28	-3.23	-2.59	-5.14	-2.65
Shares Outstanding (Basic)	98	90	85	80	82	71
Shares Outstanding (Diluted)	98	90	86	80	82	71
Shares Change (YoY)	13.28%	4.84%	7.77%	-2.77%	16.02%	14.67%
EPS (Basic)	0.07	-0.03	-	-0.02	-0.02	0.01
EPS (Diluted)	0.07	-0.03	-	-0.02	-0.02	0.01
EPS Growth	2233.33%	-	-	-	-	-
Shares Outstanding	100.63	100.55	85.59	79.96	82.19	81.75
Free Cash Flow	-2.28	2.04	0.45	-1.06	1.22	-0.85
Free Cash Flow Growth	-	354.06%	-	-	-	-
Free Cash Flow Per Share	-0.02	0.02	0.01	-0.01	0.01	-0.01
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-1152.25%	-978.74%	-677.03%	-1698.08%	-1706.04%	-517.25%
Profit Margin	-4827.22%	-626.78%	-727.03%	-1854.10%	-4782.67%	-841.88%
FCF Margin	-687.81%	561.13%	101.19%	-756.71%	1136.94%	-271.44%
EBITDA	-3.72	-3.45	-2.87	-2.29	-1.77	-1.57
EBITDA Margin	-1124.43%	-950.97%	-646.41%	-1641.11%	-1648.35%	-498.06%
EBIT	-3.81	-3.55	-3	-2.37	-1.83	-1.63
EBIT Margin	-1152.25%	-978.74%	-677.03%	-1698.08%	-1706.04%	-517.25%
Effective Tax Rate	1.51%	29.08%	25.12%	0.00%	-195.52%	-62.99%

Updated Apr 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.