Velocity Minerals 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
Cost of Revenue	0.04	0.6	0.35	0.56	0.25	Upgrade
Gross Profit	-0.04	-0.6	-0.35	-0.56	-0.25	Upgrade
Selling, General & Admin	3.14	1.62	1.28	1.75	1.59	Upgrade
Operating Expenses	4.36	1.87	1.66	2.03	1.75	Upgrade
Operating Income	-4.4	-2.47	-2.01	-2.6	-1.99	Upgrade
Interest Expense	-0.16	-0.02	-0.02	-0.02	-0.15	Upgrade
Interest & Investment Income	0.39	0.03	0.01	0.03	0.02	Upgrade
Currency Exchange Gain (Loss)	-0.02	0.15	-0.06	0	-0.14	Upgrade
Other Non Operating Income (Expenses)	1.92	0.65	0.22	-0.17	-0.24	Upgrade
EBT Excluding Unusual Items	-2.28	-1.66	-1.85	-2.75	-2.51	Upgrade
Pretax Income	-2.28	-1.66	-1.85	-2.75	-2.51	Upgrade
Income Tax Expense	-	0.26	-	-	-	Upgrade
Earnings From Continuing Operations	-2.28	-1.92	-1.85	-2.75	-2.51	Upgrade
Minority Interest in Earnings	0.08	0.01	0.05	0.09	0.02	Upgrade
Net Income	-2.2	-1.9	-1.8	-2.66	-2.49	Upgrade
Net Income to Common	-2.2	-1.9	-1.8	-2.66	-2.49	Upgrade
Shares Outstanding (Basic)	197	196	175	160	153	Upgrade
Shares Outstanding (Diluted)	197	196	175	160	153	Upgrade
Shares Change (YoY)	0.49%	12.08%	9.25%	4.46%	33.69%	Upgrade
EPS (Basic)	-0.01	-0.01	-0.01	-0.02	-0.02	Upgrade
EPS (Diluted)	-0.01	-0.01	-0.01	-0.02	-0.02	Upgrade
Free Cash Flow	17.84	-3.27	-4.37	-3.82	-7.79	Upgrade
Free Cash Flow Per Share	0.09	-0.02	-0.03	-0.02	-0.05	Upgrade
EBITDA	-3.4	-2.44	-1.88	-2.54	-1.98	Upgrade
D&A For EBITDA	1	0.03	0.13	0.05	0.01	Upgrade
EBIT	-4.4	-2.47	-2.01	-2.6	-1.99	Upgrade

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