Western Gold Exploration Ltd. (TSXV:WGLD)

Western Gold Exploration 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
Selling, General & Admin	0.5	0.32	0.59	0.35	0.39
Depreciation & Amortization Expenses	0	0.01	0.01	0	-
Exploration Expenses	1.1	1.41	1.1	1.61	1.03
Other Operating Expenses	-	-	-	0.55	-
Total Operating Expenses	1.61	1.74	1.7	2.52	1.41
Operating Income	-1.61	-1.74	-1.7	-2.52	-1.41
Interest Income	0	0.01	0	-	-
Other Non-Operating Income (Expense)	-0	-0	-0	-0.05	-0.03
Total Non-Operating Income (Expense)	0	0	-0	-0.05	-0.03
Pretax Income	-1.6	-1.74	-1.7	-2.56	-1.45
Net Income	-1.6	-1.74	-1.7	-2.56	-1.45
Net Income to Common	-1.6	-1.74	-1.7	-2.56	-1.45
Shares Outstanding (Basic)	20	15	10	8	7
Shares Outstanding (Diluted)	20	15	10	8	7
Shares Change (YoY)	30.34%	49.44%	35.38%	10.18%	189.78%
EPS (Basic)	0.08	0.11	0.17	0.34	0.21
EPS (Diluted)	0.08	0.11	0.17	0.34	0.21
EPS Growth	-27.68%	-32.35%	-51.14%	62.96%	-88.75%
Shares Outstanding	20.08	15.4	10.31	8.9	6.91
Free Cash Flow	-1.59	-1.67	-1.7	-1.74	-1.64
Free Cash Flow Per Share	-0.08	-0.11	-0.16	-0.23	-0.24
EBITDA	-1.6	-1.73	-1.69	-2.51	-1.41
EBIT	-1.61	-1.74	-1.7	-2.52	-1.41

Updated May 1, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.