Terrestrial Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	-	0.25	0.02
Revenue Growth (YoY)	-	1234.25%	-
Gross Profit	-	0.25	0.02
Selling, General & Admin	14.27	4.17	5.27
Depreciation & Amortization Expenses	1.16	1.26	1.83
Research & Development	9.77	5.18	7.15
Total Operating Expenses	25.2	10.6	14.26
Operating Income	-25.2	-10.35	-14.24
Interest Income	1.27	0.06	0.11
Interest Expense	-4.34	-1.31	-0.44
Other Non-Operating Income (Expense)	0.27	0.14	0.4
Total Non-Operating Income (Expense)	-2.8	-1.11	0.07
Pretax Income	-28	-11.46	-14.16
Provision for Income Taxes	0.02	0.02	-0.36
Net Income	-28.02	-11.49	-13.81
Minority Interest in Earnings	-	-	0.1
Net Income to Common	-28.02	-11.49	-13.91
Shares Outstanding (Basic)	72	1	1
Shares Outstanding (Diluted)	72	1	1
Shares Change (YoY)	10488.35%	0.20%	-
EPS (Basic)	-0.39	-16.97	-20.60
EPS (Diluted)	-0.39	-16.97	-20.60
Free Cash Flow	-17.53	-8.81	-10.17
Free Cash Flow Per Share	-0.24	-13.02	-15.06
Gross Margin	-	100.00%	100.00%
Operating Margin	-	-4168.81%	-76495.60%
Profit Margin	-	-4624.56%	-74179.00%
FCF Margin	-	-3547.64%	-54625.60%
EBITDA	-24.03	-9.1	-12.41
EBITDA Margin	-	-3662.93%	-66664.30%
EBIT	-25.2	-10.35	-14.24
EBIT Margin	-	-4168.81%	-76495.60%
Effective Tax Rate	-0.06%	-0.18%	2.52%

SEC Filings: 10-K · 10-Q