Terrestrial Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	-0	0.25	0.02
Revenue Growth (YoY)	-	1234.25%	-
Gross Profit	-0	0.25	0.02
Selling, General & Admin	12.19	4.17	5.27
Research & Development	7.63	5.18	7.15
Operating Expenses	20.73	10.6	14.26
Operating Income	-20.73	-10.35	-14.24
Interest Expense	-4.58	-1.31	-0.44
Interest & Investment Income	0.18	0.06	0.11
Currency Exchange Gain (Loss)	0.72	0.62	-0.02
Other Non Operating Income (Expenses)	0.58	0.71	0.42
EBT Excluding Unusual Items	-23.83	-10.28	-14.16
Other Unusual Items	-	-1.18	-
Pretax Income	-23.83	-11.46	-14.16
Income Tax Expense	0.02	0.02	-0.36
Earnings From Continuing Operations	-23.85	-11.49	-13.81
Minority Interest in Earnings	0.12	-	-0.1
Net Income	-23.74	-11.49	-13.91
Net Income to Common	-23.74	-11.49	-13.91
Shares Outstanding (Basic)	1	1	-
Shares Outstanding (Diluted)	1	1	-
EPS (Basic)	-32.15	-15.56	-
EPS (Diluted)	-32.15	-15.56	-
Free Cash Flow	-15.38	-8.81	-10.17
Free Cash Flow Per Share	-20.83	-11.93	-
Gross Margin	-	100.00%	100.00%
Operating Margin	-	-4168.81%	-76495.64%
Profit Margin	-	-4624.56%	-74720.44%
Free Cash Flow Margin	-	-3547.63%	-54625.64%
EBITDA	-19.82	-9.1	-12.41
D&A For EBITDA	0.91	1.26	1.83
EBIT	-20.73	-10.35	-14.24
Revenue as Reported	0.25	0.25	0.02
Advertising Expenses	-	0.2	0.2

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q