Sparta Capital Income Statement

Financials in millions CAD. Fiscal year is October - September.

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	12.77	12.53	7.77	8.44	5.97	5.19
Revenue Growth (YoY)	69.25%	61.14%	-7.87%	41.21%	15.13%	-1.66%
Cost of Revenue	2.91	2.93	2.36	2.89	2.8	1.51
Gross Profit	9.86	9.6	5.41	5.54	3.18	3.68
Selling, General & Admin	7.45	7.23	5.28	4.89	3.49	3.42
Operating Expenses	8.22	7.99	5.95	5.38	4.47	4.35
Operating Income	1.63	1.6	-0.54	0.16	-1.29	-0.67
Interest Expense	-0.13	-0.11	-0.26	-0.21	-0.19	-0.19
Currency Exchange Gain (Loss)	-0.05	0.01	0.02	-0.05	0.03	-0.04
Other Non Operating Income (Expenses)	-0	-0	0.06	0.03	-	-
EBT Excluding Unusual Items	1.45	1.5	-0.73	-0.06	-1.46	-0.9
Gain (Loss) on Sale of Investments	-	-	-	-	-0.1	-0.1
Gain (Loss) on Sale of Assets	-	-	-	-	0.01	0.01
Other Unusual Items	0.04	0.04	0.06	0.03	-	0.36
Pretax Income	1.5	1.55	-0.67	-0.03	-1.55	-0.63
Income Tax Expense	0.77	0.54	0.06	0.05	-0.03	0.03
Earnings From Continuing Operations	0.73	1.01	-0.73	-0.08	-1.52	-0.66
Earnings From Discontinued Operations	0.82	0.81	-0.1	-	-	-
Net Income to Company	1.55	1.82	-0.83	-0.08	-1.52	-0.66
Minority Interest in Earnings	-1.28	-1.39	-0.06	-0.34	0.55	0.05
Net Income	0.26	0.43	-0.89	-0.41	-0.97	-0.61
Net Income to Common	0.26	0.43	-0.89	-0.41	-0.97	-0.61
Shares Outstanding (Basic)	251	249	241	227	213	207
Shares Outstanding (Diluted)	251	249	241	227	213	207
Shares Change (YoY)	2.98%	3.52%	6.09%	6.43%	3.03%	11.40%
EPS (Basic)	0.00	0.00	-0.00	-0.00	-0.00	-0.00
EPS (Diluted)	0.00	0.00	-0.00	-0.00	-0.01	-0.00
Free Cash Flow	2.17	2.4	0.12	0.49	-0.52	0.2
Free Cash Flow Per Share	0.01	0.01	-	0.00	-0.00	0.00
Gross Margin	77.20%	76.61%	69.60%	65.72%	53.18%	70.84%
Operating Margin	12.79%	12.81%	-6.98%	1.95%	-21.65%	-12.94%
Profit Margin	2.05%	3.44%	-11.45%	-4.89%	-16.24%	-11.74%
Free Cash Flow Margin	16.98%	19.16%	1.54%	5.78%	-8.62%	3.77%
EBITDA	1.65	1.63	-0.49	0.22	-1.23	-0.59
EBITDA Margin	12.91%	13.03%	-6.29%	2.58%	-20.56%	-11.28%
D&A For EBITDA	0.01	0.03	0.05	0.05	0.07	0.09
EBIT	1.63	1.6	-0.54	0.16	-1.29	-0.67
EBIT Margin	12.79%	12.81%	-6.98%	1.95%	-21.65%	-12.94%
Effective Tax Rate	51.50%	35.06%	-	-	-	-
Revenue as Reported	-	-	-	-	5.97	5.19

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