TSXV:SM Income Statement

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

Millions USD. 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	24.96	6.58	-	-	-
Revenue Growth (YoY)	279.24%	-	-	-	-
Cost of Revenue	15.27	4.99	-	-	-
Gross Profit	9.69	1.59	-	-	-
Selling, General & Admin	2.94	2.98	4.97	3.04	0.74
Amortization of Goodwill & Intangibles	0.23	0.27	0.23	-	-
Other Operating Expenses	-	-	-	0.2	-
Operating Expenses	5.38	4.99	8.11	3.25	4.75
Operating Income	4.31	-3.4	-8.11	-3.25	-4.75
Interest Expense	-0.83	-0.49	-0.09	-0.32	-
Interest & Investment Income	0.15	-	0.1	-	0.01
Currency Exchange Gain (Loss)	-0.28	0.28	-0.49	-0.41	-0.04
Other Non Operating Income (Expenses)	-0.77	-0.4	-0.09	-	-0.83
EBT Excluding Unusual Items	2.57	-4.02	-8.68	-3.98	-5.62
Merger & Restructuring Charges	-	-	-31.07	-	-
Pretax Income	2.57	-4.02	-39.75	-3.98	-5.62
Income Tax Expense	-5.57	0.06	0.25	-1.41	-
Net Income	8.13	-4.08	-40	-2.56	-5.62
Net Income to Common	8.13	-4.08	-40	-2.56	-5.62
Shares Outstanding (Basic)	168	152	124	59	57
Shares Outstanding (Diluted)	172	152	124	59	57
Shares Change (YoY)	12.93%	22.52%	109.44%	4.67%	122.27%
EPS (Basic)	0.05	-0.03	-0.32	-0.04	-0.10
EPS (Diluted)	0.05	-0.03	-0.32	-0.04	-0.10
Free Cash Flow	-3.12	-7.45	-7.24	-2.07	-3.72
Free Cash Flow Per Share	-0.02	-0.05	-0.06	-0.04	-0.07
Gross Margin	38.81%	24.11%	-	-	-
Operating Margin	17.25%	-51.71%	-	-	-
Profit Margin	32.60%	-61.94%	-	-	-
Free Cash Flow Margin	-12.51%	-113.22%	-	-	-
EBITDA	5.38	-3	-4.96	-3.05	-4.75
EBITDA Margin	21.55%	-45.63%	-	-	-
D&A For EBITDA	1.07	0.4	3.15	0.2	0
EBIT	4.31	-3.4	-8.11	-3.25	-4.75
EBIT Margin	17.25%	-51.71%	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.