Zentek Income Statement

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	0.94	0.87	0.03	0.07	0.69	0
Revenue Growth (YoY)	1358.30%	2826.26%	-59.08%	-89.39%	29065.56%	-94.05%
Cost of Revenue	0.38	0.64	0.29	-	-	-
Gross Profit	0.56	0.23	-0.26	0.07	0.69	0
Selling, General & Admin	7.09	8.51	9.25	12.44	10.51	3.95
Depreciation & Amortization Expenses	0.54	0.6	0.61	0.54	0.61	0.13
Research & Development	1.36	0.47	1.78	1.65	1.54	-
Other Operating Expenses	0.37	0.27	0.66	0.43	19.92	0.24
Total Operating Expenses	9.36	9.85	12.3	15.05	32.58	4.32
Operating Income	9.19	9.61	12.4	14.97	12.56	4.31
Interest Income	0.04	0.1	0.41	0.51	0.02	0
Interest Expense	0.07	-0.09	-0.11	-0.12	-0.06	-0.01
Other Non-Operating Income (Expense)	0.92	-0.43	0.46	0.18	0.58	0.34
Total Non-Operating Income (Expense)	1.03	-0.42	0.75	0.57	0.54	0.34
Pretax Income	10.21	9.19	13.16	15.54	13.1	4.65
Provision for Income Taxes	-	-	-0.1	-	-	-
Net Income	-8.08	-10.04	-11.7	-14.41	-31.69	-3.87
Net Income to Common	-8.08	-10.04	-11.7	-14.41	-31.69	-3.87
Shares Outstanding (Basic)	105	103	101	99	92	84
Shares Outstanding (Diluted)	105	103	101	99	92	84
Shares Change (YoY)	2.89%	2.46%	1.07%	7.98%	9.60%	9.31%
EPS (Basic)	-0.07	-0.10	-0.12	-0.14	-0.34	0.05
EPS (Diluted)	-0.07	-0.10	-0.12	-0.14	-0.34	0.05
EPS Growth	-	-	-	-	-	150.00%
Shares Outstanding	105.36	104.39	100.82	99.53	99.25	86.2
Free Cash Flow	-5.62	-6.28	-8.37	-15.23	-11.97	-2.05
Free Cash Flow Per Share	-0.05	-0.06	-0.08	-0.15	-0.13	-0.02
Gross Margin	59.67%	26.12%	-869.31%	100.00%	100.00%	100.00%
Operating Margin	974.28%	1100.91%	41593.20%	20550.10%	1829.03%	183173.00%
Profit Margin	1083.32%	1052.81%	44457.30%	21328.50%	1907.45%	-183173.00%
FCF Margin	-595.94%	-720.21%	-28077.80%	-20904.30%	-1743.44%	-87004.90%
EBITDA	9.73	10.21	13.02	15.51	13.18	4.44
EBITDA Margin	1031.46%	1169.72%	43651.50%	21290.90%	1918.53%	188557.00%
EBIT	9.19	9.61	12.4	14.97	12.56	4.31
EBIT Margin	974.28%	1100.91%	41593.20%	20550.10%	1829.03%	183173.00%
Effective Tax Rate	-	0.00%	-0.76%	0.00%	0.00%	0.00%

Updated Feb 17, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q