Decibel Cannabis Company 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 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	57	48.18	57.69	45.3	34.59	18.25
Gross Profit	39.86	37.58	38.77	26.43	28.17	11.78
Selling, General & Admin	32.86	32.3	32.57	19.85	13.62	9.49
Depreciation & Amortization Expenses	6.37	5.04	2.48	3.67	3.74	2.4
Other Operating Expenses	12.45	6.78	9.77	7.6	-10.31	-0.1
Total Operating Expenses	51.68	44.11	44.82	31.11	7.04	11.79
Operating Income	-11.82	-6.53	-6.06	-0.71	5.97	-5.6
Interest Expense	-2.67	-2.9	-2.78	-3.16	-4.09	-3.49
Other Non-Operating Income (Expense)	-0.68	15.8	-0.48	-0.57	-0.13	0.15
Total Non-Operating Income (Expense)	-3.35	12.9	-3.26	-3.73	-4.22	-3.34
Pretax Income	11.71	13.59	-1.91	-4.46	1.74	-9.21
Net Income	11.71	13.59	-1.91	-4.46	1.74	-9.21
Net Income to Common	11.71	13.59	-1.91	-4.46	1.74	-9.21
Shares Outstanding (Basic)	552	426	408	404	366	348
Shares Outstanding (Diluted)	552	426	408	404	366	348
Shares Change (YoY)	32.83%	4.37%	1.02%	10.46%	5.21%	427.59%
EPS (Basic)	0.02	0.03	-0.01	0.01	0.01	-0.03
EPS (Diluted)	0.02	0.03	-0.01	0.01	0.01	-0.03
Free Cash Flow	6.39	3.24	5.12	4.47	-20.11	-8.52
Free Cash Flow Growth	96.86%	-36.66%	14.54%	-	-	-
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	-10.81%	-7.06%	-5.70%	-0.90%	11.38%	-18.72%
Profit Margin	10.71%	14.69%	-1.80%	-5.62%	3.32%	-30.77%
FCF Margin	5.84%	3.51%	4.82%	5.64%	-38.33%	-28.46%
EBITDA	-5.45	-1.5	-3.58	2.96	9.71	-3.2
EBITDA Margin	-4.99%	-1.62%	-3.37%	3.73%	18.50%	-10.70%
EBIT	-11.82	-6.53	-6.06	-0.71	5.97	-5.6
EBIT Margin	-10.81%	-7.06%	-5.70%	-0.90%	11.38%	-18.72%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.