Therma Bright Income Statement

Financials in millions CAD. Fiscal year is August - July.

Millions CAD. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Revenue	0.07	0.08	0.01	0	0.14	0
Revenue Growth (YoY)	134.11%	1150.67%	192.56%	-98.52%	3490.70%	2.64%
Cost of Revenue	0.03	0.03	0	-	0.08	-
Gross Profit	0.04	0.05	0.01	0	0.06	0
Selling, General & Admin	1.2	1.56	0.85	3.18	3.37	2.59
Research & Development	-	-	0.01	0.45	0.81	1.37
Amortization of Goodwill & Intangibles	-	-	-	-	-	0.06
Operating Expenses	1.25	1.82	1.26	3.7	5.9	8.6
Operating Income	-1.21	-1.77	-1.25	-3.7	-5.84	-8.59
Interest Expense	-0	-0	-0.01	-0.01	-0	-
Interest & Investment Income	-	0.01	0.02	0.02	-	-
Currency Exchange Gain (Loss)	-0	-0	-0.01	-0.02	-0.04	-0.01
EBT Excluding Unusual Items	-1.21	-1.77	-1.25	-3.71	-5.88	-8.61
Gain (Loss) on Sale of Investments	-2.12	-2.15	0.18	-0.01	-	-
Asset Writedown	-0.42	-0.42	-1.06	-	-	-
Other Unusual Items	-0.21	-0	-0.32	-0.05	-	-0
Pretax Income	-3.97	-4.34	-2.45	-3.77	-5.88	-8.61
Net Income	-3.97	-4.34	-2.45	-3.77	-5.88	-8.61
Net Income to Common	-3.97	-4.34	-2.45	-3.77	-5.88	-8.61
Shares Outstanding (Basic)	58	56	40	30	29	25
Shares Outstanding (Diluted)	58	56	40	30	29	25
Shares Change (YoY)	18.17%	41.03%	32.45%	5.17%	14.25%	22.08%
EPS (Basic)	-0.07	-0.08	-0.06	-0.13	-0.21	-0.34
EPS (Diluted)	-0.07	-0.08	-0.06	-0.13	-0.21	-0.34
Free Cash Flow	-0.16	-0.15	-1.01	-2.17	-3.8	-2.96
Free Cash Flow Per Share	-0.00	-0.00	-0.03	-0.07	-0.13	-0.12
Gross Margin	61.36%	66.21%	89.79%	100.00%	45.53%	100.00%
Operating Margin	-1796.02%	-2356.87%	-20863.29%	-179978.50%	-4185.97%	-221317.56%
Profit Margin	-5884.33%	-5772.99%	-40753.23%	-183257.39%	-4218.03%	-221744.06%
Free Cash Flow Margin	-243.92%	-194.78%	-16779.37%	-105781.18%	-2725.44%	-76114.01%
EBITDA	-1.18	-1.7	-1.18	-3.65	-5.69	-8.54
D&A For EBITDA	0.03	0.07	0.07	0.05	0.15	0.06
EBIT	-1.21	-1.77	-1.25	-3.7	-5.84	-8.59
Revenue as Reported	0.07	0.08	0.03	0.02	-	-

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