TSXV:IBAT Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY	FY
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Revenue	0.09	0.87	-	-	-	-
Cost of Revenue	0.01	-	-	-	-	-
Gross Profit	0.06	-	-	-	-	-
Selling, General & Admin	5.67	9.04	9.51	7.5	2.67	5.88
Depreciation & Amortization Expenses	-0	2.63	1.08	1.08	1.38	0.67
Other Operating Expenses	1.3	4.91	-	-	-	-
Total Operating Expenses	6.96	16.58	10.59	8.57	4.05	6.55
Operating Income	-6.91	-15.71	-10.59	-8.57	-4.05	-6.55
Interest Expense	-	-	-	-	-	-0
Other Non-Operating Income (Expense)	22.12	12.19	2.08	4.82	4.24	-7.83
Total Non-Operating Income (Expense)	22.12	12.19	2.08	4.82	4.24	-7.83
Pretax Income	15.21	-3.52	-8.51	-3.75	0.19	-14.38
Net Income	10.32	-3.52	-8.51	-3.75	0.19	-14.38
Net Income to Common	10.32	-3.52	-8.51	-3.75	0.19	-14.38
Shares Outstanding (Basic)	275	238	204	142	126	74
Shares Outstanding (Diluted)	275	238	204	142	132	74
Shares Change (YoY)	55.67%	16.75%	43.71%	7.42%	79.18%	37.41%
EPS (Basic)	0.04	-0.01	-0.04	-0.03	-	-0.19
EPS (Diluted)	0.04	-0.01	-0.04	-0.03	-	-0.19
Free Cash Flow	-5.49	-14.78	-8.52	-9.43	-2.07	-1.37
Free Cash Flow Per Share	-	-0.06	-0.04	-0.07	-0.02	-0.02
Gross Margin	73.63%	100.00%	-	-	-	-
Operating Margin	-7579.63%	-1803.10%	-	-	-	-
Profit Margin	4101.10%	-403.67%	-	-	-	-
FCF Margin	-6027.98%	-1697.24%	-	-	-	-
EBITDA	-6.9	-13.08	-9.51	-7.5	-2.67	-5.87
EBITDA Margin	-7580.69%	-1501.38%	-	-	-	-
EBIT	-6.91	-15.71	-10.59	-8.57	-4.05	-6.55
EBIT Margin	-7579.63%	-1803.10%	-	-	-	-

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