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	Feb '26 Feb 28, 2026	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	0.52	0.31	0.15	0.05	0.03	-
Revenue Growth (YoY)	108.28%	106.04%	199.98%	84.38%	-	-
Cost of Revenue	0.99	0.78	0.33	0.21	0.06	-
Gross Profit	0.69	0.47	0.18	0.16	-0.03	-
Selling, General & Admin	10.54	4.51	4.28	5.17	6.83	11.17
Depreciation & Amortization Expenses	4.18	1.63	1.61	0.99	0.67	0.25
Research & Development	0.83	0.32	0.76	0.38	0.34	0.67
Other Operating Expenses	0.01	-	-	-	-	-
Total Operating Expenses	15.56	6.46	6.66	6.53	7.84	12.09
Operating Income	-7.92	-7.04	-7.03	-6.95	-8.18	-12.38
Interest Income	0.69	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)	-7.43	-3.27	0.01	0.15	-0.18	-4.74
Total Non-Operating Income (Expense)	-6.75	-2.87	0.38	0.57	-0.33	-5.02
Pretax Income	0.53	-2.4	-6.53	-6.39	-8.51	-17.09
Provision for Income Taxes	0.45	0.45	-	-	-	-
Net Income	0.08	-2.85	-6.53	-6.14	-8.34	-17.18
Earnings From Discontinued Operations	-	-	-	-	-	-0.08
Net Income to Common	0.08	-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%	1062.41%
EPS (Basic)	-	0.03	0.07	0.06	0.09	0.37
EPS (Diluted)	-	0.03	0.07	0.06	0.09	0.37
EPS Growth	-	-57.14%	16.67%	-33.33%	-75.68%	-
Shares Outstanding	97.29	97.29	97.29	97.29	96.86	96.63
Free Cash Flow	-3.53	-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	131.37%	153.63%	123.47%	325.96%	-108.71%	-
Operating Margin	-1518.71%	-2287.93%	-4706.99%	-13976.20%	-30298.90%	-
Profit Margin	15.99%	-925.15%	-4375.20%	-12834.10%	-31533.40%	-
FCF Margin	-676.86%	-1285.55%	-2233.45%	-14419.20%	-62914.20%	-
EBITDA	-6.12	-5.26	-5.32	-5.97	-7.5	-12.14
EBITDA Margin	-1173.56%	-1710.22%	-3563.70%	-11991.50%	-27805.70%	-
EBIT	-7.92	-7.04	-7.03	-6.95	-8.18	-12.38
EBIT Margin	-1518.71%	-2287.93%	-4706.99%	-13976.20%	-30298.90%	-
Effective Tax Rate	84.36%	-18.78%	0.00%	0.00%	0.00%	0.00%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.