Wellfield Technologies Income Statement

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2018 - 2020
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2018 - 2020
Revenue	2.86	52.2	88.56	67.06	-	Upgrade
Revenue Growth (YoY)	-94.51%	-41.06%	32.06%	-	-	Upgrade
Cost of Revenue	0.56	48.88	86.56	65.43	-	Upgrade
Gross Profit	2.31	3.32	2	1.63	-	Upgrade
Selling, General & Admin	5.35	9.01	11.87	12.55	1.66	Upgrade
Research & Development	0.95	3.89	6.01	5.72	1.45	Upgrade
Operating Expenses	7.2	14.44	19.48	19.85	3.26	Upgrade
Operating Income	-4.89	-11.13	-17.48	-18.22	-3.26	Upgrade
Interest Expense	-0.44	-0.32	-	-	-	Upgrade
Currency Exchange Gain (Loss)	0.06	-1.2	-0.86	-0.63	-0.01	Upgrade
Other Non Operating Income (Expenses)	-1.84	-5.18	-0.61	-0.31	-1.83	Upgrade
EBT Excluding Unusual Items	-7.12	-17.82	-18.95	-19.16	-5.1	Upgrade
Merger & Restructuring Charges	-	-1.32	-0.57	-	-	Upgrade
Impairment of Goodwill	-9.45	-7.6	-17.45	-21.82	-	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	0.08	-	Upgrade
Asset Writedown	-5.1	-0.99	-2.65	-3.32	-	Upgrade
Pretax Income	-21.67	-27.73	-39.62	-44.21	-5.1	Upgrade
Income Tax Expense	0.07	1.04	-1.25	-0.94	0.19	Upgrade
Net Income	-21.75	-28.77	-38.37	-43.27	-5.29	Upgrade
Net Income to Common	-21.75	-28.77	-38.37	-43.27	-5.29	Upgrade
Shares Outstanding (Basic)	187	167	121	116	53	Upgrade
Shares Outstanding (Diluted)	187	167	121	116	53	Upgrade
Shares Change (YoY)	11.95%	38.13%	4.27%	119.24%	706.69%	Upgrade
EPS (Basic)	-0.12	-0.17	-0.32	-0.37	-0.10	Upgrade
EPS (Diluted)	-0.12	-0.17	-0.32	-0.37	-0.10	Upgrade
Free Cash Flow	0.31	-3.75	-13.38	-12.94	-4.95	Upgrade
Free Cash Flow Per Share	0.00	-0.02	-0.11	-0.11	-0.09	Upgrade
Gross Margin	80.55%	6.35%	2.26%	2.43%	-	Upgrade
Operating Margin	-170.89%	-21.31%	-19.74%	-27.17%	-	Upgrade
Profit Margin	-759.23%	-55.13%	-43.33%	-64.53%	-	Upgrade
Free Cash Flow Margin	10.95%	-7.18%	-15.11%	-19.29%	-	Upgrade
EBITDA	-4.41	-10.3	-16.84	-17.74	-3.25	Upgrade
EBITDA Margin	-154.00%	-19.73%	-19.01%	-26.45%	-	Upgrade
D&A For EBITDA	0.48	0.83	0.64	0.49	0	Upgrade
EBIT	-4.89	-11.13	-17.48	-18.22	-3.26	Upgrade
EBIT Margin	-170.89%	-21.31%	-19.74%	-27.17%	-	Upgrade

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.