Defense Metals 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	2020 - 2017
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	2020 - 2017
Selling, General & Admin	2.68	3.04	2.49	2.9	2.34	1.94	Upgrade
Operating Expenses	3.26	4.06	3.12	3.9	3.88	2.6	Upgrade
Operating Income	-3.26	-4.06	-3.12	-3.9	-3.88	-2.6	Upgrade
Interest Expense	-0.53	-0.61	-	-	-	-	Upgrade
Interest & Investment Income	0	0	0.12	-	-	-	Upgrade
Other Non Operating Income (Expenses)	-0.87	-1.1	0.24	1.19	0.1	-0.04	Upgrade
Pretax Income	-5.11	-5.77	-2.76	-2.71	-3.78	-2.64	Upgrade
Net Income	-5.11	-5.77	-2.76	-2.71	-3.78	-2.64	Upgrade
Net Income to Common	-5.11	-5.77	-2.76	-2.71	-3.78	-2.64	Upgrade
Shares Outstanding (Basic)	306	260	249	178	96	53	Upgrade
Shares Outstanding (Diluted)	306	260	249	178	96	53	Upgrade
Shares Change (YoY)	18.05%	4.21%	39.60%	86.06%	81.04%	68.05%	Upgrade
EPS (Basic)	-0.02	-0.02	-0.01	-0.02	-0.04	-0.05	Upgrade
EPS (Diluted)	-0.02	-0.02	-0.01	-0.02	-0.04	-0.05	Upgrade
Free Cash Flow	-5.75	-4.04	-12.73	-9.87	-5.31	-3.53	Upgrade
Free Cash Flow Per Share	-0.02	-0.02	-0.05	-0.06	-0.06	-0.07	Upgrade
EBITDA	-3.2	-4	-	-	-	-	Upgrade
D&A For EBITDA	0.06	0.06	-	-	-	-	Upgrade
EBIT	-3.26	-4.06	-3.12	-3.9	-3.88	-2.6	Upgrade

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