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 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022
Revenue	0.09	0.87	-	-	-	-
Cost of Revenue	0.01	-	-	-	-	-
Gross Profit	0.07	0.87	-	-	-	-
Selling, General & Admin	5.67	9.04	9.51	7.5	8.87	2.67
Depreciation & Amortization Expenses	-0	2.63	1.08	1.08	1.01	1.38
Other Operating Expenses	1.3	4.91	-	-	-	-
Total Operating Expenses	6.96	16.58	10.59	8.57	9.88	4.05
Operating Income	-6.9	-15.71	-10.59	-8.57	-9.88	-4.05
Other Non-Operating Income (Expense)	22.12	12.19	2.08	4.82	0.09	4.24
Total Non-Operating Income (Expense)	22.12	12.19	2.08	4.82	0.09	4.24
Pretax Income	15.22	-3.52	-8.51	-3.75	-9.78	0.19
Net Income	3.73	-3.52	-8.51	-3.75	-9.78	0.19
Net Income to Common	3.73	-3.52	-8.51	-3.75	-9.78	0.19
Net Income Growth	-35.74%	-	-	-	-	-
Shares Outstanding (Basic)	209	238	204	142	138	126
Shares Outstanding (Diluted)	211	238	204	142	138	132
Shares Change (YoY)	19.48%	16.75%	43.71%	3.31%	3.98%	79.18%
EPS (Basic)	0.04	-0.01	-0.04	-0.03	-0.08	-
EPS (Diluted)	0.04	-0.01	-0.04	-0.03	-0.08	-
Shares Outstanding	296.8	268.99	211.38	195.44	146.29	132.34
Free Cash Flow	-5.49	-14.78	-8.52	-9.43	0	-2.07
Free Cash Flow Per Share	-0.03	-0.06	-0.04	-0.07	-	-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	-9.88	-2.67
EBITDA Margin	-7580.69%	-1501.38%	-	-	-	-
EBIT	-6.9	-15.71	-10.59	-8.57	-9.88	-4.05
EBIT Margin	-7579.63%	-1803.10%	-	-	-	-

Updated Feb 25, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.