Visionstate Income Statement

Financials in millions CAD. Fiscal year is October - September.

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	0.43	0.43	0.49	0.29	0.41	0.54
Revenue Growth (YoY)	-3.63%	-12.04%	70.23%	-29.54%	-24.06%	315.41%
Cost of Revenue	0.08	-	-	-	-	-
Gross Profit	0.35	0.43	0.49	0.29	0.41	0.54
Selling, General & Admin	1.11	1.39	1.32	1.2	0.97	0.78
Depreciation & Amortization Expenses	0.02	0.02	0.02	0.02	0.01	0.01
Total Operating Expenses	1.13	1.41	1.34	1.22	0.98	0.8
Operating Income	-0.78	-0.97	-0.84	-0.93	-0.57	-0.26
Interest Expense	-0.03	-0.02	-0.03	-0.02	-0.02	-0.04
Other Non-Operating Income (Expense)	-	-0.08	-0.06	-0.78	-0.02	-0.74
Total Non-Operating Income (Expense)	-0.03	-0.11	-0.1	-0.81	-0.04	-0.78
Pretax Income	-0.81	-1.08	-0.94	-1.74	-0.61	-1.03
Provision for Income Taxes	-	-	-0.01	-0.01	0.01	0.01
Net Income	-1.06	-1.08	-0.93	-1.73	-0.62	-1.04
Net Income to Common	-1.06	-1.08	-0.93	-1.73	-0.62	-1.04
Shares Outstanding (Basic)	250	250	187	131	109	82
Shares Outstanding (Diluted)	250	250	187	131	109	82
Shares Change (YoY)	28.28%	33.33%	43.41%	20.29%	32.05%	84.35%
EPS (Basic)	-0.00	-0.00	-0.01	-0.01	-0.01	-0.01
EPS (Diluted)	-0.00	-0.00	-0.01	-0.01	-0.01	-0.01
Shares Outstanding	258.33	258.33	240.13	171.13	110.31	105.96
Free Cash Flow	-0.82	-0.81	-0.67	-0.87	0	0
Free Cash Flow Per Share	-0.00	-0.00	-0.00	-0.01	-	-
Gross Margin	80.78%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-182.67%	-224.57%	-171.41%	-320.76%	-139.25%	-47.18%
Profit Margin	-246.08%	-248.81%	-189.52%	-597.31%	-151.30%	-192.19%
FCF Margin	-191.62%	-187.03%	-136.41%	-301.69%	0.00%	0.00%
EBITDA	-0.77	-0.96	-0.83	-0.91	-0.57	-0.26
EBITDA Margin	-178.94%	-220.87%	-168.16%	-315.22%	-139.25%	-47.18%
EBIT	-0.78	-0.97	-0.84	-0.93	-0.57	-0.26
EBIT Margin	-182.67%	-224.57%	-171.41%	-320.76%	-139.25%	-47.18%
Effective Tax Rate	-	0.00%	0.80%	0.47%	-1.33%	-0.73%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.