Black Swan Graphene Inc. (TSXV:SWAN)

Black Swan Graphene Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Apr 30, 2022	Dec 31, 2021
Selling, General & Admin	4.09	1.73	2.82	7.12	0.31	0.16
Depreciation & Amortization Expenses	0.95	0.95	0.95	0.95	-	-
Exploration Expenses	1.58	0.85	0.93	0.45	-	-
Total Operating Expenses	6.62	3.52	4.7	8.52	0.31	0.16
Operating Income	-6.62	-3.52	-4.7	-8.52	-0.31	-0.16
Interest Income	-	-	-	-0.02	-	0
Interest Expense	-0.13	-0.12	-0.15	-	-	-
Other Non-Operating Income (Expense)	-	-	1.53	-	-0.01	-
Total Non-Operating Income (Expense)	-0.13	-0.12	1.39	-0.02	-0.01	0
Pretax Income	-6.74	-3.64	-3.31	-8.54	-0.32	-0.15
Net Income	-6.49	-3.39	-6.08	-8.49	-0.32	-0.23
Net Income to Common	-6.49	-3.39	-6.08	-8.49	-0.32	-0.23
Shares Outstanding (Basic)	45	38	37	30	2	2
Shares Outstanding (Diluted)	45	38	37	30	2	2
Shares Change (YoY)	17.60%	1.53%	23.46%	1375.83%	-	-
EPS (Basic)	-0.14	-0.09	-0.16	-0.32	-0.16	-0.08
EPS (Diluted)	-0.14	-0.09	-0.16	-0.32	-0.16	-0.08
Shares Outstanding	51.54	37.72	37.72	35.49	1.73	26.28
Free Cash Flow	-4.34	-2.32	-3.55	-2.93	-0.06	-0.07
Free Cash Flow Per Share	-0.10	-0.06	-0.10	-0.10	-0.03	-0.04
EBITDA	-5.67	-2.57	-3.75	-7.57	-0.31	-0.16
EBIT	-6.62	-3.52	-4.7	-8.52	-0.31	-0.16

Updated Nov 27, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.