| CAD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.4 | 7.1 | 7.6 | 6.6 | 6.6 | 7.7 | +17.8% | |
| Cost of revenue | 2.6 | 4.4 | 6.8 | 4.5 | 5.2 | 6.4 | +24.2% | |
| Gross profit | 1.8 | 2.6 | 0.8 | 2.1 | 1.4 | 1.3 | −5.5% | |
| Research & development | 0.6 | 0.5 | 0.7 | 1.6 | 0.9 | 2.0 | +112.9% | |
| Selling, general & administrative | 9.5 | 19.7 | 26.3 | 19.8 | 13.3 | 17.6 | +33.0% | |
| Selling & marketing | 0.0 | 5.2 | 4.4 | 4.2 | 0.7 | 3.0 | +322.0% | |
| Operating expenses | 10.2 | 21.9 | 27.7 | 2.1 | 16.1 | 22.1 | +37.0% | |
| Operating income | (7.1) | (22.3) | (26.2) | (22.4) | (14.7) | (20.8) | −41.1% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 1.1 | +915.6% | |
| Other income / expense | 0.4 | 5.7 | (0.7) | (1.2) | 0.9 | (2.2) | −354.1% | |
| Pre-tax income | (8.0) | (16.2) | (27.7) | (23.6) | (13.9) | (23.0) | −65.6% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (9.4) | (13.2) | (29.2) | (23.6) | (13.9) | (23.0) | −65.6% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (14.18) | (11.84) | (21.72) | (14.00) | (4.40) | (1.45) | +67.0% | |
| EPS, diluted (per share) | (14.18) | (11.84) | (21.72) | (13.99) | (4.40) | (1.45) | +67.0% | |
| EBITDA | (7.9) | (19.0) | (26.9) | (22.1) | (13.9) | (20.4) | −47.0% | |
| Depreciation & amortization | 0.2 | 0.3 | 0.8 | 0.5 | 0.2 | 0.3 | +65.8% | |
| Weighted average shares (shares) | 662,327 | 1,111,493 | 1,342,279 | 1,686,557 | 3,156,891 | 15,715,424 | +397.8% | |
| Weighted average diluted shares (shares) | 662,327 | 1,111,494 | 1,342,279 | 1,687,695 | 3,156,891 | 15,715,424 | +397.8% | |
| Gross margin | 40.3% | 37.5% | 10.4% | 31.5% | 21.3% | 17.1% | −4.2 pts | |
| Operating margin | −163.1% | −316.1% | −343.9% | −341.7% | −224.7% | −268.9% | −44.3 pts | |
| Net margin | −215.3% | −186.5% | −383.4% | −360.2% | −211.5% | −297.3% | −85.7 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in CAD; the shares trade in USD.
