C-Com Satellite Systems Income Statement

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	5.78	7.89	8.29	11.65	9.15
Revenue Growth (YoY)	-26.67%	-4.92%	-28.78%	27.26%	41.77%
Cost of Revenue	2.94	4.12	2.56	5.82	3.67
Gross Profit	2.85	3.77	5.73	5.83	5.49
Selling, General & Admin	2.34	2.87	2.87	3.5	2.78
Research & Development	1.45	1.83	1.33	0.91	0.75
Total Operating Expenses	3.79	4.7	4.2	4.42	3.53
Operating Income	-0.94	-0.93	1.53	1.41	1.96
Interest Income	0.47	0.75	0.69	0.18	0.09
Interest Expense	-0.1	-0.04	-	-	-
Other Non-Operating Income (Expense)	0.07	0.11	0.03	0.27	0.05
Total Non-Operating Income (Expense)	0.44	0.82	0.72	0.46	0.14
Pretax Income	-0.5	-0.11	2.25	1.87	2.1
Provision for Income Taxes	-0.09	0.1	0.58	0.73	0.68
Net Income	-0.41	-0.21	1.67	1.14	1.42
Net Income to Common	-0.41	-0.21	1.67	1.14	1.42
Net Income Growth	-	-	46.79%	-19.90%	-
Shares Outstanding (Basic)	42	42	42	41	40
Shares Outstanding (Diluted)	42	42	42	42	42
Shares Change (YoY)	-0.33%	1.30%	-0.02%	-0.41%	3.62%
EPS (Basic)	-	-	0.04	0.03	0.04
EPS (Diluted)	-	-	0.04	0.03	0.03
EPS Growth	-	-	33.33%	-	-
Shares Outstanding	42.26	42.23	42.19	41.79	40.74
Free Cash Flow	-0.12	2.6	-1.74	3.09	2.5
Free Cash Flow Growth	-	-	-	23.42%	-
Free Cash Flow Per Share	-0.00	0.06	-0.04	0.07	0.06
Dividends Per Share	-	0.050	0.050	0.050	0.050
Gross Margin	49.25%	47.82%	69.10%	50.04%	59.94%
Operating Margin	-16.22%	-11.81%	18.44%	12.12%	21.39%
Profit Margin	-7.05%	-2.68%	20.17%	9.79%	15.55%
FCF Margin	-2.13%	33.01%	-20.95%	26.51%	27.33%
EBITDA	-0.91	-0.78	1.58	1.44	1.99
EBITDA Margin	-15.76%	-9.88%	19.01%	12.34%	21.75%
EBIT	-0.94	-0.93	1.53	1.41	1.96
EBIT Margin	-16.22%	-11.81%	18.44%	12.12%	21.39%
Effective Tax Rate	17.95%	-96.83%	25.64%	38.96%	32.26%