Cobra Venture Income Statement

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Revenue	0.96	1.1	1.29	1.36	1.9	1.59
Revenue Growth (YoY)	-29.74%	-14.80%	-5.14%	-28.59%	19.39%	61.66%
Cost of Revenue	0.41	0.45	0.58	0.61	0.72	0.61
Gross Profit	0.54	0.65	0.71	0.75	1.18	0.98
Selling, General & Admin	0.83	0.67	0.57	0.55	0.53	0.48
Amortization of Goodwill & Intangibles	-	-	-	-	-	0
Other Operating Expenses	0	0	0	0	0.01	0
Operating Expenses	0.96	0.81	0.87	0.65	0.77	0.85
Operating Income	-0.42	-0.16	-0.16	0.09	0.41	0.12
Interest & Investment Income	0.04	0.04	0.09	0.08	0	0
Other Non Operating Income (Expenses)	-0.02	-0.02	-0.02	-0.02	-0.02	-0.01
EBT Excluding Unusual Items	-0.39	-0.14	-0.1	0.15	0.39	0.11
Gain (Loss) on Sale of Investments	0	-0.01	-0.19	-0	-0.02	0
Pretax Income	-0.39	-0.15	-0.29	0.15	0.37	0.11
Net Income	-0.39	-0.15	-0.29	0.15	0.37	0.11
Net Income to Common	-0.39	-0.15	-0.29	0.15	0.37	0.11
Net Income Growth	-	-	-	-60.91%	229.42%	-
Shares Outstanding (Basic)	17	17	17	16	16	16
Shares Outstanding (Diluted)	17	17	17	16	16	16
Shares Change (YoY)	-	-	0.62%	-0.05%	1.79%	1.56%
EPS (Basic)	-0.02	-0.01	-0.02	0.01	0.02	0.01
EPS (Diluted)	-0.03	-0.01	-0.02	0.01	0.02	0.01
EPS Growth	-	-	-	-54.88%	180.69%	-
Free Cash Flow	-0.19	-0.04	0.09	-0.04	0.7	0.4
Free Cash Flow Per Share	-0.01	-0.00	0.01	-0.00	0.04	0.03
Gross Margin	56.75%	59.27%	54.98%	55.21%	62.12%	61.34%
Operating Margin	-43.57%	-14.73%	-12.60%	6.94%	21.69%	7.73%
Profit Margin	-40.84%	-13.36%	-22.24%	10.76%	19.66%	7.13%
Free Cash Flow Margin	-20.13%	-3.22%	7.05%	-2.87%	36.67%	25.18%
EBITDA	-0.29	-0.02	0.02	0.2	0.65	0.38
EBITDA Margin	-30.40%	-1.67%	1.69%	14.96%	34.19%	24.18%
D&A For EBITDA	0.13	0.14	0.18	0.11	0.24	0.26
EBIT	-0.42	-0.16	-0.16	0.09	0.41	0.12
EBIT Margin	-43.57%	-14.73%	-12.60%	6.94%	21.69%	7.73%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.