Cathedra Bitcoin 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	22.92	23.14	14.95	8.81
Revenue Growth (YoY)	-0.21%	54.78%	69.74%	-
Cost of Revenue	16.47	16.1	10.95	6.39
Gross Profit	6.45	7.04	4	2.42
Selling, General & Admin	5.22	2.56	0.41	3.03
Other Operating Expenses	-0.24	-0.25	-0.1	5.01
Operating Expenses	10.91	5.69	0.88	21.51
Operating Income	-4.45	1.35	3.13	-19.09
Interest Expense	-0.98	-1.95	-0.12	-3.77
Interest & Investment Income	-	-	-	0.03
Currency Exchange Gain (Loss)	1.63	2.21	-	3.91
Other Non Operating Income (Expenses)	1.2	-	0.02	0.61
EBT Excluding Unusual Items	-2.6	1.6	3.03	-18.31
Merger & Restructuring Charges	-0.34	-0.34	-	-
Gain (Loss) on Sale of Investments	-0.02	-0.01	-	-
Gain (Loss) on Sale of Assets	-0.05	-	-	-1.1
Asset Writedown	-	-	-	-26.66
Other Unusual Items	-	-	-	-0.04
Pretax Income	-3.01	1.25	3.03	-46.11
Income Tax Expense	0.83	0.51	0.03	-1.12
Earnings From Continuing Operations	-3.84	0.73	3	-44.99
Earnings From Discontinued Operations	0.02	-0.82	-0.41	-0.04
Net Income to Company	-3.82	-0.09	2.59	-45.03
Minority Interest in Earnings	0.25	0.76	-	-
Net Income	-3.57	0.67	2.59	-45.03
Net Income to Common	-3.57	0.67	2.59	-45.03
Net Income Growth	-	-73.95%	-	-
Shares Outstanding (Basic)	26	24	21	4
Shares Outstanding (Diluted)	26	25	21	4
Shares Change (YoY)	-10.07%	18.20%	495.36%	-
EPS (Basic)	-0.14	0.03	0.12	-12.86
EPS (Diluted)	-0.14	0.03	0.12	-12.86
EPS Growth	-	-77.96%	-	-
Free Cash Flow	-5.43	-0.79	-0.62	-22.78
Free Cash Flow Per Share	-0.21	-0.03	-0.03	-6.50
Gross Margin	28.14%	30.43%	26.75%	27.47%
Operating Margin	-19.43%	5.82%	20.90%	-216.75%
Profit Margin	-15.57%	2.91%	17.30%	-511.19%
Free Cash Flow Margin	-23.67%	-3.41%	-4.15%	-258.55%
EBITDA	-0.89	3.69	3.63	-11.38
EBITDA Margin	-3.88%	15.96%	24.26%	-129.23%
D&A For EBITDA	3.56	2.35	0.5	7.71
EBIT	-4.45	1.35	3.13	-19.09
EBIT Margin	-19.43%	5.82%	20.90%	-216.75%
Effective Tax Rate	-	41.16%	1.06%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.