Nations Royalty 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 2024	FY 2023	FY 2022	2021 - 2017
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	May '24 May 31, 2024	Mar '24 Mar 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	2021 - 2017
Revenue	1.36	0.84	-	0.36	-	-	Upgrade
Gross Profit	1.36	0.84	-	0.36	-	-	Upgrade
Selling, General & Admin	3.13	3.72	1.2	-	0.21	0.06	Upgrade
Operating Expenses	5.02	7	1.26	-	0.21	0.06	Upgrade
Operating Income	-3.66	-6.16	-1.26	0.36	-0.21	-0.06	Upgrade
Interest Expense	-	-	-	-	-	-0	Upgrade
Interest & Investment Income	0.13	0.21	0.02	-	-	-	Upgrade
Other Non Operating Income (Expenses)	-0.06	-22.6	-0.05	-	-0.03	-0	Upgrade
Pretax Income	-3.59	-28.55	-1.29	0.36	-0.25	-0.06	Upgrade
Net Income	-3.59	-28.55	-1.29	0.36	-0.25	-0.06	Upgrade
Net Income to Common	-3.59	-28.55	-1.29	0.36	-0.25	-0.06	Upgrade
Shares Outstanding (Basic)	145	114	23	-	0	0	Upgrade
Shares Outstanding (Diluted)	145	114	23	-	0	0	Upgrade
Shares Change (YoY)	-0.07%	404.97%	-	-	67.85%	-	Upgrade
EPS (Basic)	-0.02	-0.25	-0.06	-	-0.54	-0.23	Upgrade
EPS (Diluted)	-0.03	-0.25	-0.06	-	-0.54	-0.23	Upgrade
Free Cash Flow	-2.43	-4.62	-0.83	-	0.02	-	Upgrade
Free Cash Flow Per Share	-0.02	-0.04	-0.04	-	0.03	-	Upgrade
Gross Margin	100.00%	100.00%	-	100.00%	-	-	Upgrade
Operating Margin	-269.95%	-730.21%	-	100.00%	-	-	Upgrade
Profit Margin	-264.65%	-3383.54%	-	100.00%	-	-	Upgrade
Free Cash Flow Margin	-179.60%	-546.98%	-	-	-	-	Upgrade
EBIT	-3.66	-6.16	-1.26	0.36	-0.21	-0.06	Upgrade
EBIT Margin	-269.95%	-	-	100.00%	-	-	Upgrade

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