NEXE Innovations Income Statement

Financials in millions CAD. Fiscal year is June - May.

Millions CAD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Revenue	0.55	0.31	0.15	0.05	0.03	-
Revenue Growth (YoY)	443.35%	106.04%	199.98%	84.38%	-	-
Cost of Revenue	0.87	0.78	0.33	0.21	0.06	-
Gross Profit	0.6	0.47	0.18	0.16	-0.03	-
Selling, General & Admin	8.03	4.51	4.28	5.17	6.83	11.17
Depreciation & Amortization Expenses	3.44	1.63	1.61	0.99	0.67	0.25
Research & Development	0.61	0.32	0.76	0.38	0.34	0.67
Other Operating Expenses	-0.02	-	-	-	-	-
Total Operating Expenses	12.07	6.46	6.66	6.53	7.84	12.09
Operating Income	-7.69	-7.04	-7.03	-6.95	-8.18	-12.38
Interest Income	0.6	0.51	0.55	0.67	0.16	0.01
Interest Expense	-0.01	-0.11	-0.18	-0.26	-0.31	-0.29
Other Non-Operating Income (Expense)	-7.46	-3.27	0.01	0.15	-0.18	-4.74
Total Non-Operating Income (Expense)	-6.88	-2.87	0.38	0.57	-0.33	-5.02
Pretax Income	3.38	-2.4	-6.53	-6.39	-8.51	-17.09
Provision for Income Taxes	0.45	0.45	-	-	-	-
Net Income	0.27	-2.85	-6.53	-6.14	-8.34	-17.18
Earnings From Discontinued Operations	-	-	-	-	-	-0.08
Net Income to Common	0.27	-2.85	-6.53	-6.14	-8.34	-17.18
Shares Outstanding (Basic)	97	97	97	97	97	46
Shares Outstanding (Diluted)	97	97	97	97	97	46
Shares Change (YoY)	-	-	0.11%	0.42%	108.15%	155.73%
EPS (Basic)	0.00	0.03	0.07	0.06	0.09	0.37
EPS (Diluted)	0.00	0.03	0.07	0.06	0.09	0.37
EPS Growth	-97.20%	-57.14%	16.67%	-33.33%	-75.68%	208.33%
Free Cash Flow	-3.51	-3.95	-3.33	-7.17	-16.98	-12.06
Free Cash Flow Per Share	-0.04	-0.04	-0.03	-0.07	-0.18	-0.26
Gross Margin	109.13%	153.63%	123.47%	325.96%	-108.71%	-
Operating Margin	-1391.10%	-2287.93%	-4706.99%	-13976.18%	-30298.93%	-
Profit Margin	206.92%	-925.15%	-4375.20%	-12834.12%	-31533.37%	-
FCF Margin	-634.27%	-1285.55%	-2233.45%	-14419.19%	-62914.16%	-
EBITDA	-6.04	-5.26	-5.32	-5.97	-7.5	-12.14
EBITDA Margin	-1091.82%	-1710.22%	-3563.70%	-11991.47%	-27805.67%	-
EBIT	-7.69	-7.04	-7.03	-6.95	-8.18	-12.38
EBIT Margin	-1391.10%	-2287.93%	-4706.99%	-13976.18%	-30298.93%	-
Effective Tax Rate	28.23%	-18.78%	0.00%	0.00%	0.00%	0.00%

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