49 North Resources Inc. (TSXV:FNR)

49 North Resources 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	2.08	1.49	-1.84	-6.9	-5.17
Revenue Growth (YoY)	39.68%	-	-	-	-
Gross Profit	2.08	1.49	-1.84	-6.9	-5.17
Selling, General & Admin	0.59	0.48	0.45	0.78	0.66
Depreciation & Amortization Expenses	0	0.05	0.07	0.08	0.09
Other Operating Expenses	0.44	0.45	0.46	0.54	0.63
Total Operating Expenses	1.04	0.98	0.97	1.39	1.37
Operating Income	1.04	0.51	-2.82	-8.29	-6.54
Total Non-Operating Income (Expense)	-	-0.03	-	0.1	-0.05
Pretax Income	1.04	0.48	-2.82	-8.19	-6.59
Net Income	1.04	0.48	-2.82	-8.19	-6.59
Net Income to Common	1.04	0.48	-2.82	-8.19	-6.59
Net Income Growth	118.24%	-	-	-	-
Shares Outstanding (Basic)	166	166	166	166	93
Shares Outstanding (Diluted)	166	166	166	166	93
Shares Change (YoY)	-	0.00%	0.00%	78.47%	3.89%
EPS (Basic)	0.01	-	-0.02	-0.05	-0.07
EPS (Diluted)	0.01	-	-0.02	-0.05	-0.07
Shares Outstanding	166.31	166.3	166.27	166.27	166.24
Free Cash Flow	-0.13	-0.07	-0.16	-0.3	-1.79
Free Cash Flow Per Share	-0.00	-0.00	-0.00	-0.00	-0.02
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	50.12%	34.30%	152.82%	120.14%	126.50%
Profit Margin	50.12%	32.08%	152.82%	118.72%	127.55%
FCF Margin	-6.31%	-4.91%	8.62%	4.39%	34.55%
EBITDA	1.04	0.56	-2.77	-8.24	-6.48
EBITDA Margin	50.22%	37.46%	149.95%	119.36%	125.42%
EBIT	1.04	0.51	-2.82	-8.29	-6.54
EBIT Margin	50.12%	34.30%	152.82%	120.14%	126.50%

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