Simply Solventless Concentrates Ltd. (TSXV:HASH)

TSXV:HASH Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	33.7	13.68	6.19	2.8	1.22
Revenue Growth (YoY)	297.83%	120.93%	121.18%	130.16%	-
Cost of Revenue	19.09	12.5	2.69	2.76	1.73
Gross Profit	14.61	1.18	3.5	0.04	-0.52
Selling, General & Admin	7.96	4.39	1.21	1.13	1.37
Operating Expenses	10.78	5.27	1.48	1.41	1.81
Operating Income	3.84	-4.08	2.02	-1.37	-2.32
Interest Expense	-2.73	-0.87	-0.34	-0.26	-0
Currency Exchange Gain (Loss)	-0.05	-0.02	-0.01	-0	-
Other Non Operating Income (Expenses)	-0.38	-0.24	-	-0.05	-0
EBT Excluding Unusual Items	0.68	-5.21	1.67	-1.68	-2.33
Merger & Restructuring Charges	-1.11	-0.27	-1.04	-	-
Gain (Loss) on Sale of Assets	0.19	-	0.42	-	-
Pretax Income	8.56	-5.48	1.04	-1.68	-2.33
Income Tax Expense	-0.86	-0.29	-	-	-
Net Income	9.43	-5.19	1.04	-1.68	-2.33
Net Income to Common	9.43	-5.19	1.04	-1.68	-2.33
Shares Outstanding (Basic)	108	67	39	35	30
Shares Outstanding (Diluted)	125	73	42	37	30
Shares Change (YoY)	148.00%	74.61%	14.02%	20.19%	-
EPS (Basic)	0.09	-0.08	0.03	-0.05	-0.08
EPS (Diluted)	0.07	-0.08	0.02	-0.05	-0.08
Free Cash Flow	-3.89	-6.16	-0.47	-1.4	-2.76
Free Cash Flow Per Share	-0.03	-0.09	-0.01	-0.04	-0.09
Gross Margin	43.36%	8.63%	56.48%	1.37%	-42.38%
Operating Margin	11.39%	-29.86%	32.55%	-48.92%	-191.03%
Profit Margin	27.97%	-37.97%	16.80%	-60.15%	-191.28%
Free Cash Flow Margin	-11.55%	-45.00%	-7.55%	-50.06%	-226.97%
EBITDA	4.66	-4.01	2.06	-1.12	-2.26
EBITDA Margin	13.83%	-29.34%	33.31%	-39.98%	-185.45%
D&A For EBITDA	0.82	0.07	0.05	0.25	0.07
EBIT	3.84	-4.08	2.02	-1.37	-2.32
EBIT Margin	11.39%	-29.86%	32.55%	-48.92%	-191.03%
Revenue as Reported	33.7	13.68	6.19	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.