Lycos Energy Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	94.99	135.8	85.42	35.92	12.2	4.48
Revenue Growth (YoY)	-26.73%	58.99%	137.81%	194.36%	172.18%	-53.31%
Cost of Revenue	42.08	69.89	49.49	27.47	7.61	3.7
Gross Profit	52.91	65.92	35.93	8.45	4.59	0.78
Selling, General & Admin	4.9	5.07	4.2	2.63	1.64	0.85
Other Operating Expenses	0.94	2.02	-0.33	-0.65	-0.15	0.16
Operating Expenses	39.5	46.68	29	-0.55	-7.14	37.15
Operating Income	13.41	19.24	6.93	9	11.73	-36.37
Interest Expense	-1.43	-1.59	-0.44	-0.01	-0.08	-0.13
Earnings From Equity Investments	-	-	0.04	-3.26	0.3	-0.26
Other Non Operating Income (Expenses)	-0	-	-0.1	-1.96	-0.06	-
EBT Excluding Unusual Items	11.98	17.64	6.42	3.78	11.89	-36.76
Merger & Restructuring Charges	-1.05	-0.22	-2	-0.4	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	0.84	0.3
Gain (Loss) on Sale of Assets	-63.38	-22.18	-	0.3	0.08	0.01
Other Unusual Items	-	-	11.38	-	0.2	0.34
Pretax Income	-75.65	-4.75	15.8	3.67	13.01	-36.12
Income Tax Expense	-12.43	-3.85	-8.92	-	-	-
Net Income	-63.22	-0.91	24.72	3.67	13.01	-36.12
Net Income to Common	-63.22	-0.91	24.72	3.67	13.01	-36.12
Net Income Growth	-	-	573.36%	-71.79%	-	-
Shares Outstanding (Basic)	53	53	43	11	10	0
Shares Outstanding (Diluted)	53	53	45	14	10	0
Shares Change (YoY)	-2.23%	18.49%	212.22%	46.45%	1900.03%	-
EPS (Basic)	-1.19	-0.02	0.58	0.32	1.33	-73.62
EPS (Diluted)	-1.19	-0.02	0.55	0.26	1.33	-73.62
EPS Growth	-	-	111.54%	-80.39%	-	-
Free Cash Flow	4.81	-17.02	-36.85	-4.7	3.73	-0.67
Free Cash Flow Per Share	0.09	-0.32	-0.82	-0.33	0.38	-1.37
Gross Margin	55.70%	48.54%	42.06%	23.53%	37.63%	17.40%
Operating Margin	14.12%	14.16%	8.11%	25.05%	96.13%	-811.38%
Profit Margin	-66.55%	-0.67%	28.94%	10.22%	106.64%	-805.73%
Free Cash Flow Margin	5.06%	-12.53%	-43.15%	-13.08%	30.54%	-14.95%
EBITDA	45.95	56.62	29.76	-	13.97	-13.53
EBITDA Margin	48.37%	41.69%	34.84%	-	114.49%	-
D&A For EBITDA	32.54	37.38	22.84	-	2.24	22.85
EBIT	13.41	19.24	6.93	9	11.73	-36.37
EBIT Margin	14.12%	14.16%	8.11%	25.05%	96.13%	-
Revenue as Reported	94.89	134.87	86.67	36.56	12.42	4.48

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