Wellfield Technologies Income Statement

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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
Revenue	2.69	2.86	52.2	88.56	67.06	-
Revenue Growth (YoY)	-29.52%	-94.51%	-41.06%	32.06%	-	-
Cost of Revenue	0.45	0.56	48.88	86.56	65.43	-
Gross Profit	2.24	2.31	3.32	2	1.63	-
Selling, General & Admin	3.92	5.35	9.01	11.87	12.55	1.66
Research & Development	1.08	0.95	3.89	6.01	5.72	1.45
Operating Expenses	5.45	7.2	14.44	19.48	19.85	3.26
Operating Income	-3.21	-4.89	-11.13	-17.48	-18.22	-3.26
Interest Expense	-0.48	-0.44	-0.32	-	-	-
Currency Exchange Gain (Loss)	-1.98	0.06	-1.2	-0.86	-0.63	-0.01
Other Non Operating Income (Expenses)	-1.28	-1.84	-5.18	-0.61	-0.31	-1.83
EBT Excluding Unusual Items	-6.95	-7.12	-17.82	-18.95	-19.16	-5.1
Merger & Restructuring Charges	-	-	-1.32	-0.57	-	-
Impairment of Goodwill	-9.45	-9.45	-7.6	-17.45	-21.82	-
Gain (Loss) on Sale of Investments	-0.6	-	-	-	0.08	-
Asset Writedown	-5.1	-5.1	-0.99	-2.65	-3.32	-
Pretax Income	-21.83	-21.67	-27.73	-39.62	-44.21	-5.1
Income Tax Expense	0.34	0.07	1.04	-1.25	-0.94	0.19
Net Income	-22.17	-21.75	-28.77	-38.37	-43.27	-5.29
Net Income to Common	-22.17	-21.75	-28.77	-38.37	-43.27	-5.29
Shares Outstanding (Basic)	199	187	167	121	116	53
Shares Outstanding (Diluted)	199	187	167	121	116	53
Shares Change (YoY)	11.82%	11.95%	38.13%	4.27%	119.24%	706.69%
EPS (Basic)	-0.11	-0.12	-0.17	-0.32	-0.37	-0.10
EPS (Diluted)	-0.11	-0.12	-0.17	-0.32	-0.37	-0.10
Free Cash Flow	-0.62	0.31	-3.75	-13.38	-12.94	-4.95
Free Cash Flow Per Share	-0.00	0.00	-0.02	-0.11	-0.11	-0.09
Gross Margin	83.12%	80.55%	6.35%	2.26%	2.43%	-
Operating Margin	-119.39%	-170.89%	-21.31%	-19.74%	-27.17%	-
Profit Margin	-823.46%	-759.23%	-55.13%	-43.33%	-64.53%	-
Free Cash Flow Margin	-23.09%	10.95%	-7.18%	-15.11%	-19.29%	-
EBITDA	-3.18	-4.41	-10.3	-16.84	-17.74	-3.25
EBITDA Margin	-118.01%	-154.00%	-19.73%	-19.01%	-26.45%	-
D&A For EBITDA	0.04	0.48	0.83	0.64	0.49	0
EBIT	-3.21	-4.89	-11.13	-17.48	-18.22	-3.26
EBIT Margin	-119.39%	-170.89%	-21.31%	-19.74%	-27.17%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.