Bayhorse Silver Inc. (TSXV:BHS)

Bayhorse Silver Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Selling, General & Admin	4.18	2.15	0.99	1.24	3.41
Exploration Expenses	-1.63	-2.24	0.71	1.55	2.76
Other Operating Expenses	-0.05	0.1	0.01	0.06	0.01
Total Operating Expenses	2.49	0.01	1.71	2.86	6.18
Operating Income	-5.76	-4.49	-1.71	-2.86	-6.18
Total Non-Operating Income (Expense)	0.36	0.51	-0.32	-0.2	0.23
Pretax Income	-5.39	-3.99	-2.03	-3.05	-5.95
Provision for Income Taxes	-	-	-	-0.03	-0.1
Net Income	-5.39	-3.99	-2.03	-3.02	-5.85
Net Income to Common	-5.39	-3.99	-2.03	-3.02	-5.85
Shares Outstanding (Basic)	321	283	252	225	181
Shares Outstanding (Diluted)	321	283	252	225	181
Shares Change (YoY)	13.72%	12.35%	11.91%	24.41%	42.57%
EPS (Basic)	-0.02	-0.01	-0.01	-0.01	-0.03
EPS (Diluted)	-0.02	-0.01	-0.01	-0.01	-0.03
Shares Outstanding	321.39	282.62	251.56	247.93	206.47
Free Cash Flow	-2.13	-1.27	-0.63	-1.99	-4.51
Free Cash Flow Per Share	-0.01	-0.00	-0.00	-0.01	-0.02
EBITDA	-5.48	-4.22	-1.44	-2.58	-5.9
EBIT	-5.76	-4.49	-1.71	-2.86	-6.18
Effective Tax Rate	0.00%	0.00%	0.00%	0.91%	1.62%

Updated Apr 25, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.