First Atlantic Nickel & Cobalt Corp. (TSXV:FAN)

TSXV:FAN Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Selling, General & Admin	3.3	2.6	0.73	0.67	0.49	0.6
Depreciation & Amortization Expenses	0.02	0.02	0.02	0.02	-	-
Total Operating Expenses	3.32	2.62	0.75	0.69	0.49	0.6
Operating Income	-3.32	-2.63	-0.76	-0.69	-0.49	-0.6
Interest Income	-	0.02	-	-	0	0
Interest Expense	-0	-0.01	-0	-0.01	-	-0
Other Non-Operating Income (Expense)	1.18	0.76	-0.16	-1.73	0.16	0.01
Total Non-Operating Income (Expense)	1.17	0.77	-0.16	-1.74	0.16	0.01
Pretax Income	-2.15	-1.85	-0.92	-2.43	-0.34	-0.59
Net Income	-2.15	-1.85	-0.92	-2.43	-0.34	-0.59
Net Income to Common	-2.15	-1.85	-0.92	-2.43	-0.34	-0.59
Shares Outstanding (Basic)	90	68	28	7	5	3
Shares Outstanding (Diluted)	90	68	28	7	5	3
Shares Change (YoY)	64.56%	138.04%	321.48%	23.13%	87.22%	171.06%
EPS (Basic)	-0.02	-0.03	-0.03	-0.36	-0.06	-0.20
EPS (Diluted)	-0.02	-0.03	-0.03	-0.36	-0.06	-0.20
Shares Outstanding	97.21	85.8	41.88	0.71	1.04	1.04
Free Cash Flow	-2.37	-1.06	-0.76	-0.36	-0.64	-0.26
Free Cash Flow Per Share	-0.03	-0.02	-0.03	-0.05	-0.12	-0.09
EBITDA	-3.3	-2.61	-0.74	-0.67	-0.49	-0.6
EBIT	-3.32	-2.63	-0.76	-0.69	-0.49	-0.6

Updated Dec 24, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.