DAVIDsTEA Income Statement

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

Millions CAD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 1, 2025	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022	Jan '21 Jan 30, 2021
Revenue	60.72	61.8	60.64	83.03	104.07	121.69
Revenue Growth (YoY)	-3.48%	1.91%	-26.96%	-20.22%	-14.47%	-38.06%
Cost of Revenue	30.06	31.06	35.02	53.21	58.44	71.95
Gross Profit	30.67	30.74	25.62	29.81	45.63	49.73
Selling, General & Admin	27.61	30.12	34.19	39.45	46.26	40.9
Amortization of Goodwill & Intangibles	-	-	0.61	0.56	1.7	2.05
Operating Expenses	28.38	30.36	35.28	40.5	49.7	48.4
Operating Income	2.29	0.38	-9.66	-10.68	-4.07	1.34
Interest Expense	-0.85	-0.64	-0.52	-0.64	-0.13	-3.23
Interest & Investment Income	0.28	0.4	0.77	0.41	0.14	0.4
Other Non Operating Income (Expenses)	-0.02	-0.03	-0.13	-0.09	-0.02	-0.04
EBT Excluding Unusual Items	1.69	0.11	-9.54	-11	-4.08	-1.54
Merger & Restructuring Charges	-	-	-	-	76.86	-56.33
Asset Writedown	-	1.36	-3.38	-0.26	-	-2.56
Legal Settlements	-	-	0.18	-	-	-
Other Unusual Items	-1.56	-4.67	-1.09	-3.61	4.35	4.49
Pretax Income	0.13	-3.21	-13.83	-14.87	77.13	-55.93
Income Tax Expense	-	-	-	-	-1	-
Net Income	0.13	-3.21	-13.83	-14.87	78.13	-55.93
Net Income to Common	0.13	-3.21	-13.83	-14.87	78.13	-55.93
Shares Outstanding (Basic)	27	27	27	27	26	26
Shares Outstanding (Diluted)	27	27	27	27	28	26
Shares Change (YoY)	0.53%	0.69%	0.74%	-4.03%	5.64%	0.43%
EPS (Basic)	0.00	-0.12	-0.52	-0.56	2.97	-2.14
EPS (Diluted)	-0.00	-0.12	-0.52	-0.56	2.83	-2.14
Free Cash Flow	2.16	7.28	-6.13	0.36	-4.29	-11.7
Free Cash Flow Per Share	0.08	0.27	-0.23	0.01	-0.15	-0.45
Gross Margin	50.51%	49.73%	42.25%	35.91%	43.85%	40.87%
Operating Margin	3.77%	0.61%	-15.93%	-12.87%	-3.91%	1.10%
Profit Margin	0.21%	-5.19%	-22.80%	-17.91%	75.07%	-45.96%
Free Cash Flow Margin	3.56%	11.78%	-10.11%	0.43%	-4.13%	-9.62%
EBITDA	2.94	0.57	-9.3	-10.36	-2.49	3.74
EBITDA Margin	4.84%	0.91%	-15.34%	-12.48%	-2.39%	3.07%
D&A For EBITDA	0.65	0.19	0.36	0.32	1.59	2.4
EBIT	2.29	0.38	-9.66	-10.68	-4.07	1.34
EBIT Margin	3.77%	0.61%	-15.93%	-12.87%	-3.91%	1.10%

Updated Nov 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.