Tier One Silver Inc. (TSXV:TSLV)

Tier One Silver Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cost of Revenue	0.29	0.12	0.18	0.06	0.12
Gross Profit	-0.29	-0.12	-0.18	-0.06	-0.12
Selling, General & Admin	1.39	1.9	2.77	4.13	5.24
Other Operating Expenses	0.02	0.01	0.01	-	-
Operating Expenses	2.8	3.74	5.12	7.57	16.85
Operating Income	-3.09	-3.86	-5.3	-7.64	-16.97
Interest Expense	-0	-	-	-	-
Interest & Investment Income	0.03	0.03	0.04	0.04	-
Earnings From Equity Investments	0	-0.02	0.03	-0.02	-
Currency Exchange Gain (Loss)	-0.04	-0.01	-0.02	-0	-0.09
Other Non Operating Income (Expenses)	-0.07	-0.12	-0.09	-0.12	-0.14
EBT Excluding Unusual Items	-3.17	-3.98	-5.34	-7.74	-17.21
Gain (Loss) on Sale of Investments	0.01	0.04	-0.1	-	-
Gain (Loss) on Sale of Assets	-0.1	-	-	-	-
Asset Writedown	-	-0.03	-	-	-
Other Unusual Items	-	0.29	-0.03	-	-0.28
Pretax Income	-3.25	-3.68	-5.48	-7.74	-17.49
Net Income	-3.25	-3.68	-5.48	-7.74	-17.49
Net Income to Common	-3.25	-3.68	-5.48	-7.74	-17.49
Shares Outstanding (Basic)	201	167	147	134	124
Shares Outstanding (Diluted)	201	167	147	134	124
Shares Change (YoY)	19.92%	14.02%	9.90%	8.12%	9.98%
EPS (Basic)	-0.02	-0.02	-0.04	-0.06	-0.14
EPS (Diluted)	-0.02	-0.02	-0.04	-0.06	-0.14
Free Cash Flow	-2.41	-2.28	-4.26	-7.11	-13.26
Free Cash Flow Per Share	-0.01	-0.01	-0.03	-0.05	-0.11
EBITDA	-2.2	-2.97	-4.86	-7.53	-14.92
D&A For EBITDA	0.89	0.89	0.44	0.11	2.05
EBIT	-3.09	-3.86	-5.3	-7.64	-16.97

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