Financial statements and analysis
Showing the last 6 fiscal years: 2020 to 2025
Chart shows data from left to right: oldest period → newest period
X-axis shows fiscal years with their term end dates and filing dates
Period names from company filings, with term end dates and filing dates
Income Statement (CAD) Term End Date Filing Date | 2025 Dec 31, 2025 Mar 24, 2026 | 2024 Dec 31, 2024 Mar 27, 2025 | 2023 Dec 31, 2023 Dec 31, 2023 | 2022 Dec 31, 2022 Dec 31, 2022 | 2021 Dec 31, 2021 Dec 31, 2021 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 7.73M 17.8% | 6.56M 0.1% | 6.55M 13.8% | 7.61M 7.8% | 7.05M 61.7% | 4.36M 216.1% | 1.38M 0.5% | 1.39M 67.2% |
Cost of Revenue | 6.41M 24.2% | 5.16M 15.0% | 4.49M 34.1% | 6.81M 54.5% | 4.41M 69.4% | 2.60M 1090.1% | 218.80K 51.6% | 452.40K 3.0% |
Gross Profit | 1.32M 5.5% | 1.40M 32.3% | 2.06M 161.1% | 790.67K 70.1% | 2.64M 50.2% | 1.76M 51.5% | 1.16M 24.3% | 934.61K 157.6% |
Gross Margin % | 17.00% 19.0% | 21.00% 32.3% | 31.00% 210.0% | 10.00% 73.0% | 37.00% 7.5% | 40.00% 52.4% | 84.00% 25.4% | 67.00% 52.3% |
Research & Development | 1.97M 112.9% | 927.41K 40.4% | 1.55M 138.7% | 651.30K 27.5% | 510.89K 10.1% | 568.00K 3264.3% | 16.88K 4.5% | 16.16K 72.8% |
General & Administrative | 14.63M 16.6% | 12.55M 19.4% | 15.57M 28.7% | 21.84M 50.7% | 14.50M 52.1% | 9.53M 115.1% | 4.43M 203.4% | 1.46M 114.5% |
Selling & Marketing | 3.00M 322.0% | 710.82K 83.2% | 4.24M 4.3% | 4.43M 14.2% | 5.17M | 0.00 | 0.00 | 0.00 100.0% |
SG&A Expenses | 17.63M 33.0% | 13.26M 33.1% | 19.81M 24.6% | 26.28M 33.6% | 19.67M 106.3% | 9.53M 115.1% | 4.43M 203.4% | 1.46M 20.7% |
Other Operating Expenses | 2.51M 28.4% | 1.95M | 0.00 100.0% | 770.31K 168.5% | 286.92K 118.1% | 131.54K 165.0% | 49.64K 59.1% | 121.49K |
Total Operating Expenses | 22.11M 37.0% | 16.14M 681.8% | 2.06M 92.5% | 27.70M 26.5% | 21.90M 114.0% | 10.23M 127.4% | 4.50M 196.9% | 1.52M 20.4% |
Cost and Expenses | 28.52M 33.9% | 21.30M 27.2% | 29.27M 15.2% | 34.51M 31.2% | 26.31M 104.9% | 12.84M 172.1% | 4.72M 139.8% | 1.97M 17.0% |
Operating Income | -20.79M 41.1% | -14.74M 34.2% | -22.39M 14.4% | -26.15M 17.3% | -22.30M 213.2% | -7.12M 113.2% | -3.34M 474.6% | -580.91K 62.3% |
Operating Margin % | -269.00% 19.6% | -225.00% 34.2% | -342.00% 0.6% | -344.00% 8.9% | -316.00% 93.9% | -163.00% 32.6% | -242.00% 476.2% | -42.00% 77.4% |
EBITDA | -20.44M 44.4% | -14.16M 35.8% | -22.06M 17.9% | -26.88M 41.7% | -18.97M 141.0% | -7.87M 139.3% | -3.29M 658.0% | -433.83K 71.2% |
EBITDA Margin % | -264.00% 22.2% | -216.00% 35.9% | -337.00% 4.5% | -353.00% 31.2% | -269.00% 49.4% | -180.00% 24.4% | -238.00% 667.7% | -31.00% 83.0% |
Interest Expense | 0.00 | 0.00 | 0.00 100.0% | 1.50M | 0.00 100.0% | 23.12K 86.6% | 171.91K 18.3% | 145.27K |
Interest Income | 1.09M 915.6% | 107.22K 28.8% | 83.28K 87.8% | 44.34K 774.0% | 5.07K | 0.00 | 0.00 | 0.00 100.0% |
Other Income (Expense) | -2.19M 354.1% | 862.02K 170.8% | -1.22M 62.9% | -746.86K 113.1% | 5.72M 1237.8% | 427.44K 105.5% | -7.76M 37167.7% | -20.81K 103.4% |
Pre-Tax Income | -22.98M 65.6% | -13.88M 41.2% | -23.61M 14.6% | -27.65M 70.7% | -16.20M 102.1% | -8.02M 27.8% | -11.10M 1743.9% | -601.73K 35.4% |
Pre-Tax Margin % | -297.00% 40.1% | -212.00% 41.1% | -360.00% 1.1% | -364.00% 58.3% | -230.00% 25.0% | -184.00% 77.1% | -804.00% 1769.8% | -43.00% 61.6% |
Tax Provision | 0.00 | 0.00 | 0.00 100.0% | 1.50M 149.3% | -3.05M 320.9% | 1.38M 702.1% | 171.91K | 0.00 |
Net Income | -22.98M 65.6% | -13.88M 41.2% | -23.61M 19.0% | -29.16M 121.6% | -13.16M 40.0% | -9.39M 16.6% | -11.27M 1772.4% | -601.73K 35.4% |
Net Margin % | -297.00% 40.1% | -212.00% 41.1% | -360.00% 6.0% | -383.00% 104.8% | -187.00% 13.0% | -215.00% 73.7% | -816.00% 1797.7% | -43.00% 61.6% |
Basic EPS | -1.45 67.0% | -4.40 68.6% | -14.00 35.5% | -21.72 83.4% | -11.84 16.5% | -14.18 52.0% | -29.56 1447.6% | -1.91 64.7% |
Diluted EPS | -1.45 67.0% | -4.40 68.5% | -13.99 35.6% | -21.72 83.4% | -11.84 16.5% | -14.18 52.0% | -29.56 1447.6% | -1.91 64.7% |
Basic Shares Outstanding | 15.72M 397.8% | 3.16M 87.2% | 1.69M 25.6% | 1.34M 20.8% | 1.11M 67.8% | 662.33K 73.8% | 381.18K 21.1% | 314.76K 82.8% |
Diluted Shares Outstanding | 15.72M 397.8% | 3.16M 87.1% | 1.69M 25.7% | 1.34M 20.8% | 1.11M 67.8% | 662.33K 73.8% | 381.18K 21.1% | 314.76K 82.8% |