NTG Clarity Networks 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	76.65	56.13	27.73	17.65	11.9	7.91
Revenue Growth (YoY)	62.61%	102.42%	57.08%	48.39%	50.45%	-8.34%
Cost of Revenue	48.85	35.28	18.93	10.93	5.31	5.67
Gross Profit	27.81	20.85	8.8	6.72	6.59	2.23
Selling, General & Admin	16.41	10.04	6.15	4.5	4.51	3.31
Depreciation & Amortization Expenses	0.93	0.48	0.17	0.44	0.24	0.04
Other Operating Expenses	-0.23	-0.56	0.58	0.29	0.29	0.09
Total Operating Expenses	17.12	9.96	6.9	5.23	5.05	3.44
Operating Income	11.78	12.34	2.17	2.25	2.6	-1.16
Interest Expense	-0.15	-0.44	-0.38	-0.32	-0.2	-0.27
Other Non-Operating Income (Expense)	0.63	0.17	0.18	0.08	0.03	-0.16
Total Non-Operating Income (Expense)	0.49	-0.27	-0.2	-0.24	-0.17	-0.43
Pretax Income	10.99	10.62	1.7	2.01	2.42	-1.59
Provision for Income Taxes	2.64	1.09	-0.01	-	-	-
Net Income	7.55	9.81	1.71	1.25	1.37	-1.63
Net Income to Common	7.55	9.81	1.71	1.25	1.37	-1.63
Net Income Growth	33.53%	473.91%	37.01%	-8.92%	-	-
Shares Outstanding (Basic)	45	43	171	125	29	33
Shares Outstanding (Diluted)	52	49	171	125	32	33
Shares Change (YoY)	-33.47%	-71.30%	37.01%	290.08%	-2.02%	177.89%
EPS (Basic)	0.17	0.23	0.01	0.01	0.05	-0.05
EPS (Diluted)	0.14	0.20	0.01	-	0.05	-0.05
EPS Growth	-17.65%	1900.00%	-	-	-	-
Shares Outstanding	47.35	42.16	185.17	29.59	29.49	20.02
Free Cash Flow	-6.19	1.61	1.17	2.09	1.8	1.84
Free Cash Flow Growth	-	36.83%	-43.74%	15.75%	-1.92%	417.83%
Free Cash Flow Per Share	-0.12	0.03	0.01	0.02	0.06	0.06
Gross Margin	36.28%	37.14%	31.74%	38.08%	55.38%	28.25%
Operating Margin	15.37%	21.99%	7.84%	12.77%	21.82%	-14.68%
Profit Margin	9.85%	17.48%	6.17%	7.07%	11.52%	-20.65%
FCF Margin	-8.08%	2.86%	4.23%	11.81%	15.14%	23.23%
EBITDA	13.24	13.35	2.76	2.69	2.84	-1.12
EBITDA Margin	17.27%	23.78%	9.96%	15.25%	23.87%	-14.16%
EBIT	11.78	12.34	2.17	2.25	2.6	-1.16
EBIT Margin	15.37%	21.99%	7.84%	12.77%	21.82%	-14.68%
Effective Tax Rate	24.07%	10.22%	-0.51%	0.00%	0.00%	0.00%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.