Pulse Oil Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5.97	9.38	5.97	5.73	3.14
Revenue Growth (YoY)	-36.33%	57.06%	4.21%	82.51%	224.95%
Cost of Revenue	2.52	2.92	2.23	2.87	2.07
Gross Profit	3.45	6.46	3.74	2.86	1.07
Selling, General & Admin	1.21	1.16	1.02	1.14	0.7
Depreciation & Amortization Expenses	0.4	0.42	0.44	0.41	0.31
Total Operating Expenses	1.61	1.58	1.46	1.55	1.02
Operating Income	1.84	4.88	2.29	1.31	0.05
Interest Income	-	-	-	0.08	-
Interest Expense	-0.39	-0.01	-0.01	-0	-0.02
Other Non-Operating Income (Expense)	-0.63	-4.46	-0.98	-0	0.98
Total Non-Operating Income (Expense)	-1.01	-4.47	-1	0.08	0.96
Pretax Income	0.83	0.41	1.29	1.39	1.01
Provision for Income Taxes	-	-	-	0.19	0.19
Net Income	-2.16	-4.28	-1.7	1.58	0.82
Net Income to Common	-2.16	-4.28	-1.7	1.58	0.82
Net Income Growth	-	-	-	91.97%	-
Shares Outstanding (Basic)	623	623	519	438	253
Shares Outstanding (Diluted)	623	623	519	689	291
Shares Change (YoY)	0.09%	20.11%	-24.74%	137.17%	91.68%
EPS (Basic)	-	-0.01	-	-	-
EPS (Diluted)	-	-0.01	-	-	-
Shares Outstanding	623.47	623.47	518.62	517.31	303.19
Free Cash Flow	-2.62	-3.72	-2.62	-3.58	-1.56
Free Cash Flow Per Share	-0.00	-0.01	-0.01	-0.01	-0.01
Gross Margin	57.72%	68.85%	62.70%	49.95%	34.02%
Operating Margin	30.78%	52.01%	38.28%	22.94%	1.55%
Profit Margin	13.85%	4.35%	21.56%	21.08%	26.23%
FCF Margin	-43.94%	-39.63%	-43.89%	-62.58%	-49.81%
EBITDA	3.57	6.71	3.93	2.71	1.16
EBITDA Margin	59.76%	71.52%	65.86%	47.35%	37.05%
EBIT	1.84	4.88	2.29	1.31	0.05
EBIT Margin	30.78%	52.01%	38.28%	22.94%	1.55%
Effective Tax Rate	0.00%	0.00%	0.00%	13.37%	18.46%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.