Decibel Cannabis Company Inc. (TSXV:DB)

Decibel Cannabis Company Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	109.31	92.54	106.22	79.33	52.45	29.93
Revenue Growth (YoY)	18.25%	-12.88%	33.91%	51.23%	75.25%	380.03%
Cost of Revenue	69.45	54.96	67.46	52.9	24.28	18.15
Gross Profit	39.86	37.58	38.77	26.43	28.17	11.78
Selling, General & Admin	33.63	31.53	31.37	21.27	15.63	11.78
Operating Expenses	40.58	35.69	35.21	26.75	21.79	16.93
Operating Income	-0.73	1.89	3.56	-0.32	6.38	-5.15
Interest Expense	-2.67	-2.9	-2.78	-3.16	-4.09	-3.49
Currency Exchange Gain (Loss)	-0.31	-0.24	-0.48	-0.65	-0.17	-0
Other Non Operating Income (Expenses)	15.23	14.74	0.36	0.14	0.07	0.04
EBT Excluding Unusual Items	11.53	13.49	0.66	-3.99	2.19	-8.6
Gain (Loss) on Sale of Assets	-	-	-	-0.08	-0.03	-0.15
Legal Settlements	-	-	-2.57	-	-	-
Other Unusual Items	0.18	0.11	-	-0.4	-0.41	-0.45
Pretax Income	11.71	13.59	-1.91	-4.46	1.74	-9.21
Earnings From Continuing Operations	11.71	13.59	-1.91	-4.46	1.74	-9.21
Earnings From Discontinued Operations	-0.04	-4.13	0.14	-	-	-
Net Income	11.66	9.46	-1.77	-4.46	1.74	-9.21
Net Income to Common	11.66	9.46	-1.77	-4.46	1.74	-9.21
Shares Outstanding (Basic)	553	425	408	404	366	348
Shares Outstanding (Diluted)	553	426	408	404	375	348
Shares Change (YoY)	35.60%	4.37%	1.02%	7.80%	7.80%	427.59%
EPS (Basic)	0.02	0.02	-0.00	-0.01	0.00	-0.03
EPS (Diluted)	0.02	0.02	-0.01	-0.01	0.00	-0.03
Free Cash Flow	2.55	3.24	5.12	4.99	-20.11	-8.52
Free Cash Flow Per Share	0.01	0.01	0.01	0.01	-0.05	-0.02
Gross Margin	36.46%	40.61%	36.49%	33.32%	53.71%	39.35%
Operating Margin	-0.66%	2.04%	3.35%	-0.40%	12.17%	-17.20%
Profit Margin	10.67%	10.23%	-1.67%	-5.63%	3.32%	-30.77%
Free Cash Flow Margin	2.33%	3.51%	4.82%	6.29%	-38.33%	-28.46%
EBITDA	3.3	4.58	4.62	2.76	9.57	-3.51
EBITDA Margin	3.02%	4.95%	4.35%	3.47%	18.24%	-11.73%
D&A For EBITDA	4.02	2.69	1.06	3.07	3.19	1.64
EBIT	-0.73	1.89	3.56	-0.32	6.38	-5.15
EBIT Margin	-0.66%	2.04%	3.35%	-0.40%	12.17%	-17.20%
Revenue as Reported	109.31	92.54	106.22	79.33	52.45	29.93

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