Bayhorse Silver 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 - 2016
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 - 2016
Selling, General & Admin	0.63	0.57	0.52	0.76	0.98	Upgrade
Other Operating Expenses	0.03	0	0.53	0	-0.01	Upgrade
Operating Expenses	2.67	3.13	1.79	2.22	4.42	Upgrade
Operating Income	-2.67	-3.13	-1.79	-2.22	-4.42	Upgrade
Interest Expense	-	-	-	-	-0.05	Upgrade
Currency Exchange Gain (Loss)	0.05	-0.1	-0.01	-0.06	-0.01	Upgrade
Other Non Operating Income (Expenses)	-2.84	0.38	0.12	-0.14	-0.22	Upgrade
EBT Excluding Unusual Items	-5.45	-2.86	-1.68	-2.42	-4.69	Upgrade
Other Unusual Items	0.06	-1.13	-0.34	-0.51	-1.25	Upgrade
Pretax Income	-5.39	-3.99	-2.03	-2.93	-5.95	Upgrade
Income Tax Expense	-	-	-	0.09	-0.1	Upgrade
Earnings From Continuing Operations	-5.39	-3.99	-2.03	-3.02	-5.85	Upgrade
Net Income	-5.39	-3.99	-2.03	-3.02	-5.85	Upgrade
Net Income to Common	-5.39	-3.99	-2.03	-3.02	-5.85	Upgrade
Shares Outstanding (Basic)	321	283	252	225	181	Upgrade
Shares Outstanding (Diluted)	321	283	252	225	181	Upgrade
Shares Change (YoY)	13.72%	12.35%	11.91%	24.41%	42.57%	Upgrade
EPS (Basic)	-0.02	-0.01	-0.01	-0.01	-0.03	Upgrade
EPS (Diluted)	-0.02	-0.01	-0.01	-0.01	-0.03	Upgrade
Free Cash Flow	-2.13	-1.27	-0.63	-1.99	-4.51	Upgrade
Free Cash Flow Per Share	-0.01	-0.01	-0.00	-0.01	-0.03	Upgrade
EBITDA	-2.4	-2.86	-1.52	-1.94	-4.14	Upgrade
D&A For EBITDA	0.27	0.27	0.27	0.28	0.28	Upgrade
EBIT	-2.67	-3.13	-1.79	-2.22	-4.42	Upgrade
Advertising Expenses	-	-	-	-	0	Upgrade

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