NTG Clarity Networks Inc. (TSXV:NCI)

NTG Clarity Networks Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	83.35	56.13	27.73	17.65	11.9
Revenue Growth (YoY)	48.50%	102.42%	57.08%	48.39%	50.45%
Cost of Revenue	53.06	35.28	18.93	10.93	5.31
Gross Profit	30.29	20.85	8.8	6.72	6.59
Selling, General & Admin	19.24	10.04	6.15	4.5	4.51
Depreciation & Amortization Expenses	1.02	0.48	0.17	0.44	0.24
Other Operating Expenses	0.7	-0.56	0.58	0.29	0.29
Total Operating Expenses	20.96	9.96	6.9	5.23	5.05
Operating Income	10.7	12.34	2.17	2.25	2.6
Interest Expense	-0.31	-0.44	-0.38	-0.32	-0.2
Other Non-Operating Income (Expense)	-0.25	0.17	0.18	0.08	0.03
Total Non-Operating Income (Expense)	-0.55	-0.27	-0.2	-0.24	-0.17
Pretax Income	8.78	10.62	1.7	2.01	2.42
Provision for Income Taxes	5.43	1.09	-0.01	-	-
Net Income	5.52	9.81	1.71	1.25	1.37
Net Income to Common	5.52	9.81	1.71	1.25	1.37
Net Income Growth	-43.70%	473.91%	37.01%	-8.92%	-
Shares Outstanding (Basic)	48	42	171	125	29
Shares Outstanding (Diluted)	55	48	171	125	32
Shares Change (YoY)	13.21%	-71.74%	37.01%	290.08%	-2.02%
EPS (Basic)	0.11	0.23	0.01	0.01	0.05
EPS (Diluted)	0.10	0.20	0.01	-	0.05
EPS Growth	-50.00%	1900.00%	-	-	-
Shares Outstanding	47.69	42.16	185.17	29.59	29.49
Free Cash Flow	-3.83	1.47	1.17	2.09	1.8
Free Cash Flow Growth	-	25.11%	-43.74%	15.75%	-1.92%
Free Cash Flow Per Share	-0.07	0.03	0.01	0.02	0.06
Gross Margin	36.34%	37.14%	31.74%	38.08%	55.38%
Operating Margin	12.84%	21.99%	7.84%	12.77%	21.82%
Profit Margin	6.63%	17.48%	6.17%	7.07%	11.52%
FCF Margin	-4.60%	2.62%	4.23%	11.81%	15.14%
EBITDA	12.26	13.35	2.76	2.69	2.84
EBITDA Margin	14.70%	23.78%	9.96%	15.25%	23.87%
EBIT	10.7	12.34	2.17	2.25	2.6
EBIT Margin	12.84%	21.99%	7.84%	12.77%	21.82%
Effective Tax Rate	61.85%	10.22%	-0.51%	0.00%	0.00%

Updated Apr 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.