Thesis Gold & Silver Income Statement

Financials in millions CAD. Fiscal year is March - February.

Millions CAD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug '26 Aug 31, 2026	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Selling, General & Admin	10.35	6.56	3.83	4.02	3.47	3.41
Operating Expenses	15	9.44	5.05	4.2	3.81	12.17
Operating Income	-15	-9.44	-5.05	-4.2	-3.81	-12.17
Interest Expense	-0.1	-0.1	-0.02	-	-	-
Interest & Investment Income	1.5	1.14	0.4	1.15	0.46	0.15
Currency Exchange Gain (Loss)	-	-	0	-	-	-
Other Non Operating Income (Expenses)	-0.15	-0.12	-0.13	-0.16	-0.08	-0.11
EBT Excluding Unusual Items	-13.75	-8.52	-4.79	-3.21	-3.43	-12.13
Asset Writedown	-0.7	-0.7	-	-	-	-
Other Unusual Items	4.73	6.71	5.71	5.17	3.85	4.67
Pretax Income	-9.73	-2.52	0.92	1.96	0.42	-7.46
Income Tax Expense	2.62	3.39	2.57	1.07	5.28	4.89
Net Income	-12.35	-5.91	-1.65	0.89	-4.86	-12.35
Net Income to Common	-12.35	-5.91	-1.65	0.89	-4.86	-12.35
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	270	248	193	136	86	66
Shares Outstanding (Diluted)	270	248	193	136	86	66
Shares Change	22.98%	28.50%	41.45%	57.85%	30.83%	27.61%
EPS (Basic)	-0.05	-0.02	-0.01	0.01	-0.06	-0.19
EPS (Diluted)	-0.05	-0.02	-0.01	0.01	-0.06	-0.19
EPS Growth	-	-	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug '26 Aug 31, 2026	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Free Cash Flow	-38.71	-36.43	-27.7	-28.34	-33.12	-46.11
Free Cash Flow Per Share	-0.14	-0.15	-0.14	-0.21	-0.38	-0.70
EBITDA	-14.78	-9.23	-4.96	-	-	-
D&A For EBITDA	0.21	0.21	0.09	-	-	-
EBIT	-15	-9.44	-5.05	-4.2	-3.81	-12.17
Effective Tax Rate	-	-	279.36%	54.64%	1260.25%	-