Maritime Launch Services Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2019
Revenue	0.01	-	-	-	-	Upgrade
Gross Profit	0.01	-	-	-	-	Upgrade
Selling, General & Admin	3.06	2.85	3.89	4.27	2.03	Upgrade
Research & Development	-	-	-	-	0.07	Upgrade
Amortization of Goodwill & Intangibles	0.04	0.04	0.04	0.03	0.01	Upgrade
Operating Expenses	3.84	3.4	4.59	5.71	2.23	Upgrade
Operating Income	-3.82	-3.4	-4.59	-5.71	-2.23	Upgrade
Interest Expense	-0.29	-0.11	-0.06	-0.38	-0.51	Upgrade
Currency Exchange Gain (Loss)	-0.01	0.02	-0.02	0.02	-0.01	Upgrade
Other Non Operating Income (Expenses)	-43.26	-3.06	-	1.08	-1.57	Upgrade
EBT Excluding Unusual Items	-47.38	-6.56	-4.67	-5	-4.32	Upgrade
Other Unusual Items	0.1	0.34	-0.11	-2.45	-	Upgrade
Pretax Income	-47.28	-6.22	-4.77	-7.45	-4.32	Upgrade
Income Tax Expense	-	-	-0.37	-	-	Upgrade
Net Income	-47.28	-6.22	-4.4	-7.45	-4.32	Upgrade
Net Income to Common	-47.28	-6.22	-4.4	-7.45	-4.32	Upgrade
Shares Outstanding (Basic)	509	417	408	390	71	Upgrade
Shares Outstanding (Diluted)	509	417	408	390	71	Upgrade
Shares Change (YoY)	21.97%	2.30%	4.67%	445.52%	36.90%	Upgrade
EPS (Basic)	-0.09	-0.01	-0.01	-0.02	-0.06	Upgrade
EPS (Diluted)	-0.09	-0.01	-0.01	-0.02	-0.06	Upgrade
Free Cash Flow	-6.46	-1.64	-3.39	-7.57	-4.63	Upgrade
Free Cash Flow Per Share	-0.01	-0.00	-0.01	-0.02	-0.07	Upgrade
Gross Margin	100.00%	-	-	-	-	Upgrade
Operating Margin	-25529.75%	-	-	-	-	Upgrade
Profit Margin	-315647.41%	-	-	-	-	Upgrade
Free Cash Flow Margin	-43149.79%	-	-	-	-	Upgrade
EBITDA	-3.82	-3.4	-4.58	-5.71	-2.23	Upgrade
D&A For EBITDA	0	0	0.01	0.01	0	Upgrade
EBIT	-3.82	-3.4	-4.59	-5.71	-2.23	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.