TSXV:SAT 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	5.82	6.59	7.27	7.97	9.5
Revenue Growth (YoY)	-11.71%	-9.32%	-8.77%	-16.14%	-5.67%
Gross Profit	5.82	6.59	7.27	7.97	9.5
Selling, General & Admin	-12.66	-15.25	-14.77	-15.08	-17.16
Depreciation & Amortization Expenses	-0.64	-0.65	-0.73	-0.9	-0.86
Other Operating Expenses	-1.49	-2.06	-1.79	-1.86	-1.58
Total Operating Expenses	-14.79	-17.95	-17.29	-17.84	-19.6
Operating Income	20.61	24.55	24.56	25.81	29.1
Interest Expense	-0.07	-0.13	-0.11	-0.1	-0.06
Total Non-Operating Income (Expense)	-0.07	-0.13	-0.11	-0.1	-0.06
Pretax Income	-1.62	-2.47	-1.43	-0.99	-0.32
Provision for Income Taxes	-	-	-	-	0.16
Net Income	-1.62	-2.47	-1.43	-0.99	-0.48
Net Income to Common	-1.62	-2.47	-1.43	-0.99	-0.48
Shares Outstanding (Basic)	24	24	24	24	24
Shares Outstanding (Diluted)	24	24	24	24	24
EPS (Basic)	-0.07	-0.10	-0.06	-0.04	-0.01
EPS (Diluted)	-0.07	-0.10	-0.06	-0.04	-0.01
Free Cash Flow	0.49	0.23	-0.61	0.61	0.42
Free Cash Flow Growth	112.54%	-	-	45.07%	83.57%
Free Cash Flow Per Share	0.02	0.01	-0.02	0.03	0.02
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	354.02%	372.31%	337.85%	323.81%	306.18%
Profit Margin	-27.75%	-37.44%	-19.66%	-12.48%	-5.06%
FCF Margin	8.42%	3.50%	-8.36%	7.66%	4.43%
EBITDA	21.39	25.39	25.52	26.87	30.26
EBITDA Margin	367.38%	385.07%	350.96%	337.10%	318.38%
EBIT	20.61	24.55	24.56	25.81	29.1
EBIT Margin	354.02%	372.31%	337.85%	323.81%	306.18%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	-48.44%