Nations Royalty Income Statement

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	May '24 May 31, 2024	Mar '24 Mar 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Revenue	1.36	0.84	-	0.36	-	-
Gross Profit	1.36	0.84	-	0.36	-	-
Selling, General & Admin	3.13	3.72	1.2	-	0.21	0.06
Operating Expenses	5.02	7	1.26	-	0.21	0.06
Operating Income	-3.66	-6.16	-1.26	0.36	-0.21	-0.06
Interest Expense	-	-	-	-	-	-0
Interest & Investment Income	0.13	0.21	0.02	-	-	-
Other Non Operating Income (Expenses)	-22.53	-22.6	-0.05	-	-0.03	-0
Pretax Income	-3.59	-28.55	-1.29	0.36	-0.25	-0.06
Net Income	-3.59	-28.55	-1.29	0.36	-0.25	-0.06
Net Income to Common	-3.59	-28.55	-1.29	0.36	-0.25	-0.06
Shares Outstanding (Basic)	145	114	23	-	0	0
Shares Outstanding (Diluted)	145	114	23	-	0	0
Shares Change (YoY)	-0.07%	404.97%	-	-	67.85%	-
EPS (Basic)	-0.02	-0.25	-0.06	-	-0.54	-0.23
EPS (Diluted)	-0.02	-0.25	-0.06	-	-0.54	-0.23
Free Cash Flow	-2.43	-4.62	-0.83	-	0.02	-
Free Cash Flow Per Share	-0.02	-0.04	-0.04	-	0.03	-
Gross Margin	100.00%	100.00%	-	100.00%	-	-
Operating Margin	-269.95%	-730.21%	-	100.00%	-	-
Profit Margin	-264.65%	-3383.54%	-	100.00%	-	-
Free Cash Flow Margin	-179.60%	-546.98%	-	-	-	-
EBIT	-3.66	-6.16	-1.26	0.36	-0.21	-0.06
EBIT Margin	-269.95%	-	-	100.00%	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.