Velocity Minerals Ltd. (TSXV: VLC)

Velocity Minerals Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of Revenue	0.65	0.35	0.56	0.25	0.1	0.1
Gross Profit	-0.65	-0.35	-0.56	-0.25	-0.1	-0.1
Selling, General & Admin	1.18	1.28	1.75	1.59	1.2	1.84
Operating Expenses	1.53	1.66	2.03	1.75	1.36	1.84
Operating Income	-2.18	-2.01	-2.6	-1.99	-1.46	-1.94
Interest Expense	-0.01	-0.02	-0.02	-0.15	-0.64	-0.49
Interest & Investment Income	0.02	0.01	0.03	0.02	0.04	0.07
Currency Exchange Gain (Loss)	0.02	-0.06	0	-0.14	0.05	0.07
Other Non Operating Income (Expenses)	0.32	0.22	-0.17	-0.24	-0.24	-0.32
EBT Excluding Unusual Items	-1.83	-1.85	-2.75	-2.51	-2.24	-2.61
Pretax Income	-1.83	-1.85	-2.75	-2.51	-2.24	-2.61
Earnings From Continuing Operations	-1.83	-1.85	-2.75	-2.51	-2.24	-2.61
Minority Interest in Earnings	0.02	0.05	0.09	0.02	0.17	0.07
Net Income	-1.81	-1.8	-2.66	-2.49	-2.07	-2.54
Net Income to Common	-1.81	-1.8	-2.66	-2.49	-2.07	-2.54
Shares Outstanding (Basic)	193	175	160	153	115	92
Shares Outstanding (Diluted)	193	175	160	153	115	92
Shares Change (YoY)	13.88%	9.25%	4.46%	33.69%	24.37%	37.17%
EPS (Basic)	-0.01	-0.01	-0.02	-0.02	-0.02	-0.03
EPS (Diluted)	-0.01	-0.01	-0.02	-0.02	-0.02	-0.03
Free Cash Flow	-4.32	-4.37	-3.82	-7.79	-8.84	-7.45
Free Cash Flow Per Share	-0.02	-0.02	-0.02	-0.05	-0.08	-0.08
EBITDA	-2.1	-1.88	-2.54	-1.98	-1.43	-1.91
D&A For EBITDA	0.08	0.13	0.05	0.01	0.03	0.03
EBIT	-2.18	-2.01	-2.6	-1.99	-1.46	-1.94

Source: S&P Capital IQ. Standard template. Financial Sources.