IM Cannabis Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	50.91	54.73	54.03	48.8	54.34	34.05
Revenue Growth (YoY)	-6.53%	1.30%	10.71%	-10.18%	59.56%	114.30%
Cost of Revenue	43.25	45.05	45.58	37.97	43.04	25.46
Gross Profit	7.66	9.69	8.45	10.83	11.29	8.6
Selling, General & Admin	14.69	14.87	15.09	21.8	32.93	23.95
Other Operating Expenses	6.39	6.4	3.6	1.83	9.15	7.68
Total Operating Expenses	21.08	21.27	18.69	23.62	42.08	31.63
Operating Income	-13.42	-11.59	-10.23	-12.79	-30.79	-23.04
Interest Income	3.25	3.43	1.91	7.01	6.7	23.54
Interest Expense	-3.31	-3.5	-4.47	-3.67	-1.97	-0.67
Other Non-Operating Income (Expense)	-0.83	-	-	-	-	-
Total Non-Operating Income (Expense)	-0.89	-0.07	-2.56	3.34	4.73	22.87
Pretax Income	-14.31	-11.66	-12.79	-9.46	-26.06	-0.16
Provision for Income Taxes	0.16	0.09	-1.02	0.77	-1.14	0.5
Net Income	-14.47	-11.75	-11.77	-10.23	-24.92	-0.66
Earnings From Discontinued Operations	-	-	-	-	-166.38	-17.85
Net Income to Common	-14.47	-11.75	-11.77	-10.23	-191.3	-18.52
Shares Outstanding (Basic)	6	4	2	2	1	1
Shares Outstanding (Diluted)	6	4	2	2	1	1
Shares Change (YoY)	128.19%	87.33%	9.95%	71.26%	25.23%	54.98%
EPS (Basic)	-2.42	-2.67	-4.51	-4.45	-157.83	-18.36
EPS (Diluted)	-2.42	-2.67	-4.51	-4.45	-161.88	-40.20
Free Cash Flow	0.05	4.7	-1.23	-8.66	-14.2	-38.95
Free Cash Flow Growth	-98.96%	-	-	-	-	-
Free Cash Flow Per Share	0.01	1.07	-0.52	-4.05	-11.38	-39.10
Gross Margin	15.04%	17.70%	15.64%	22.19%	20.78%	25.24%
Operating Margin	-26.36%	-21.17%	-18.94%	-26.21%	-56.67%	-67.64%
Profit Margin	-28.43%	-21.47%	-21.79%	-20.96%	-45.87%	-1.95%
FCF Margin	0.10%	8.59%	-2.28%	-17.74%	-26.14%	-114.38%
EBITDA	-11.43	-9.63	-8.05	-9.8	-23.46	-17.31
EBITDA Margin	-22.45%	-17.60%	-14.90%	-20.07%	-43.18%	-50.82%
EBIT	-13.42	-11.59	-10.23	-12.79	-30.79	-23.04
EBIT Margin	-26.36%	-21.17%	-18.94%	-26.21%	-56.67%	-67.64%
Effective Tax Rate	-1.13%	-0.79%	8.00%	-8.15%	4.37%	-304.88%

SEC Filings: 10-K · 10-Q