PyroGenesis Canada Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2022	2021	2020	2019
Revenue	19.01	31.07	17.78	4.81
Revenue Growth (YoY)	-38.80%	74.79%	269.24%	-
Cost of Revenue	10.87	18.64	7.47	3.52
Gross Profit	8.14	12.43	10.3	1.3
Selling, General & Admin	29.03	27.24	12.33	6.19
Research & Development	2.32	2.54	-0.73	0.85
Other Operating Expenses	0	0	0	2.37
Operating Expenses	31.34	29.77	11.6	9.41
Operating Income	-23.2	-17.34	-1.3	-8.11
Interest Expense / Income	0.55	0.4	0.52	1.24
Other Expense / Income	8.34	21.43	-44.63	-0.18
Pretax Income	-32.09	-39.17	42.8	-9.17
Income Tax	0.08	-0.74	1.03	0
Net Income	-32.17	-38.43	41.77	-9.17
Shares Outstanding (Basic)	171	171	-	-
Shares Change	0.31%	-	-	-
EPS (Basic)	-0.19	-0.23	0.28	-0.07
EPS (Diluted)	-0.19	-0.23	0.27	-0.07
Free Cash Flow	-11.82	-19.86	-1.63	-4.29
Free Cash Flow Per Share	-0.07	-0.12	-	-
Gross Margin	42.83%	40.01%	57.96%	26.97%
Operating Margin	-122.02%	-55.82%	-7.32%	-168.46%
Profit Margin	-169.18%	-123.70%	234.98%	-190.51%
Free Cash Flow Margin	-62.14%	-63.93%	-9.17%	-89.06%
Effective Tax Rate	-	-	2.41%	-
EBITDA	-29.42	-37.38	43.82	-7.38
EBITDA Margin	-154.75%	-120.30%	246.55%	-153.40%
Depreciation & Amortization	2.12	1.39	0.5	0.55
EBIT	-31.54	-38.77	43.33	-7.93
EBIT Margin	-165.88%	-124.78%	243.75%	-164.80%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).