Decibel Cannabis Company Inc. (TSXV:DB)

Decibel Cannabis Company Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	112.72	92.54	106.22	79.33	52.45
Revenue Growth (YoY)	21.81%	-12.88%	33.91%	51.23%	75.25%
Cost of Revenue	58.72	48.18	57.69	45.3	34.59
Gross Profit	41.42	37.58	38.77	26.43	28.17
Selling, General & Admin	32.35	32.3	32.57	19.85	13.62
Depreciation & Amortization Expenses	6.61	5.04	2.48	3.67	3.74
Other Operating Expenses	12.58	6.78	9.77	7.6	-10.31
Total Operating Expenses	51.54	44.11	44.82	31.11	7.04
Operating Income	-10.12	-6.53	-6.06	-0.71	5.97
Interest Expense	-2.65	-2.9	-2.78	-3.16	-4.09
Other Non-Operating Income (Expense)	-0.4	15.8	-0.48	-0.57	-0.13
Total Non-Operating Income (Expense)	-3.05	12.9	-3.26	-3.73	-4.22
Pretax Income	-2.92	13.59	-1.91	-4.46	1.74
Net Income	-2.92	9.46	-1.91	-4.46	1.74
Earnings From Discontinued Operations	-	-4.13	-	-	-
Net Income to Common	-2.92	9.46	-1.91	-4.46	1.74
Shares Outstanding (Basic)	577	425	408	404	366
Shares Outstanding (Diluted)	577	426	408	404	366
Shares Change (YoY)	35.43%	4.37%	1.02%	10.46%	5.21%
EPS (Basic)	-0.01	0.02	-0.01	0.01	0.01
EPS (Diluted)	-0.01	0.02	-0.01	0.01	0.01
Shares Outstanding	576.86	576.74	409.04	404.65	404.03
Free Cash Flow	5.54	3.24	5.12	4.47	-20.11
Free Cash Flow Growth	70.78%	-36.66%	14.54%	-	-
Free Cash Flow Per Share	0.01	0.01	0.01	0.01	-0.05
Gross Margin	36.75%	40.61%	36.49%	33.32%	53.71%
Operating Margin	-8.98%	-7.06%	-5.70%	-0.90%	11.38%
Profit Margin	-2.59%	14.69%	-1.80%	-5.62%	3.32%
FCF Margin	4.91%	3.51%	4.82%	5.64%	-38.33%
EBITDA	-3.51	-1.5	-3.58	2.96	9.71
EBITDA Margin	-3.11%	-1.62%	-3.37%	3.73%	18.50%
EBIT	-10.12	-6.53	-6.06	-0.71	5.97
EBIT Margin	-8.98%	-7.06%	-5.70%	-0.90%	11.38%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.