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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	121.32	112.72	92.54	106.22	79.33	52.45
Revenue Growth (YoY)	30.71%	21.81%	-12.88%	33.91%	51.23%	75.25%
Cost of Revenue	62.73	58.72	48.18	57.69	45.3	34.59
Gross Profit	58.59	54.01	44.36	48.54	34.03	17.86
Selling, General & Admin	36.49	34.96	30.54	35.3	23.48	18.47
Depreciation & Amortization Expenses	6.61	6.61	5.04	2.48	3.67	3.74
Other Operating Expenses	12.02	12.58	6.78	9.77	7.6	-10.31
Total Operating Expenses	55.11	54.15	42.36	47.55	34.74	11.9
Operating Income	3.48	-0.14	2	0.99	-0.71	5.97
Interest Expense	-2.93	-2.65	-2.9	-2.78	-3.16	-4.09
Other Non-Operating Income (Expense)	-4.97	-0.13	14.5	-0.12	-0.59	-0.14
Total Non-Operating Income (Expense)	-7.9	-2.78	11.6	-2.9	-3.75	-4.23
Pretax Income	-3.2	-2.92	13.59	-1.91	-4.46	1.74
Net Income	-3.2	-2.92	9.46	-1.91	-4.46	1.74
Earnings From Discontinued Operations	-	-	-4.13	-	-	-
Net Income to Common	-3.2	-2.92	9.46	-1.91	-4.46	1.74
Shares Outstanding (Basic)	577	577	425	408	404	366
Shares Outstanding (Diluted)	577	577	426	408	404	366
Shares Change (YoY)	22.75%	35.43%	4.37%	1.02%	10.46%	5.21%
EPS (Basic)	-0.01	-0.01	0.02	-0.01	0.01	0.01
EPS (Diluted)	-0.01	-0.01	0.02	-0.01	0.01	0.01
Shares Outstanding	577.04	576.86	576.74	409.04	404.65	404.03
Free Cash Flow	-7.86	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	0.01	-0.05
Gross Margin	48.29%	47.91%	47.93%	45.69%	42.89%	34.06%
Operating Margin	2.87%	-0.13%	2.16%	0.93%	-0.90%	11.38%
Profit Margin	-2.64%	-2.59%	14.69%	-1.80%	-5.62%	3.32%
FCF Margin	-6.48%	4.91%	3.51%	4.82%	5.64%	-38.33%
EBITDA	10.09	6.47	7.04	3.46	2.96	9.71
EBITDA Margin	8.32%	5.74%	7.60%	3.26%	3.73%	18.50%
EBIT	3.48	-0.14	2	0.99	-0.71	5.97
EBIT Margin	2.87%	-0.13%	2.16%	0.93%	-0.90%	11.38%

Updated May 21, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.