Vertical Exploration Income Statement

Financials in millions CAD. Fiscal year is March - February.

Millions CAD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021	2020 - 2016
Selling, General & Admin	0.3	0.31	0.37	0.41	0.57	0.31	Upgrade
Other Operating Expenses	0	0	0	-	-	-	Upgrade
Operating Expenses	0.4	0.41	0.68	0.55	0.98	0.34	Upgrade
Operating Income	-0.4	-0.41	-0.68	-0.55	-0.98	-0.34	Upgrade
Interest Expense	-	-0	-0.24	-	-	-	Upgrade
Other Non Operating Income (Expenses)	-0.03	-0.02	-0.04	-0.02	0	0.05	Upgrade
EBT Excluding Unusual Items	-0.43	-0.43	-0.96	-0.58	-0.98	-0.29	Upgrade
Other Unusual Items	-	-	-	0.01	-	0.01	Upgrade
Pretax Income	-0.43	-0.43	-0.96	-0.56	-0.98	-0.28	Upgrade
Net Income	-0.43	-0.43	-0.96	-0.56	-0.98	-0.28	Upgrade
Net Income to Common	-0.43	-0.43	-0.96	-0.56	-0.98	-0.28	Upgrade
Shares Outstanding (Basic)	150	147	135	123	98	78	Upgrade
Shares Outstanding (Diluted)	150	147	135	123	98	78	Upgrade
Shares Change (YoY)	0.32%	9.00%	9.32%	25.86%	25.89%	23.38%	Upgrade
EPS (Basic)	-0.00	-0.00	-0.01	-0.00	-0.01	-0.00	Upgrade
EPS (Diluted)	-0.00	-0.00	-0.01	-0.00	-0.01	-0.00	Upgrade
Free Cash Flow	-0.26	-0.27	-0.86	-1.65	-2.06	-0.64	Upgrade
Free Cash Flow Per Share	-0.00	-0.00	-0.01	-0.01	-0.02	-0.01	Upgrade
EBITDA	-0.35	-0.36	-0.62	-0.52	-	-	Upgrade
D&A For EBITDA	0.05	0.05	0.06	0.03	-	-	Upgrade
EBIT	-0.4	-0.41	-0.68	-0.55	-0.98	-0.34	Upgrade
Advertising Expenses	-	0.01	0	0.01	0.05	0	Upgrade

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