MindWalk Holdings (HYFT) Income Statement: Revenue & Earnings

MindWalk Holdings Income Statement Analysis

Revenue, earnings, and profit margins in millions CAD

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MindWalk Holdings Corp. income statement - Annual data in millions CAD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 2025	Apr 2024	Apr 2023	Apr 2022	Apr 2021
Revenue & Gross Profit
Revenue	24.31	24.52	20.67	19.36	17.91
Cost of Revenue	12.81	12.47	9.10	8.38	6.51
Gross Profit	11.50	12.05	11.56	10.98	11.40
Operating Expenses
Research & Development	4.90	4.04	14.10	7.66	1.97
Selling, General & Administrative	19.03	19.14	18.99	18.06	10.59
Operating Expenses	23.77	26.15	37.17	27.66	18.06
Operating Income	-12.27	-14.09	-25.61	-16.67	-6.65
Other Income/Expense
Interest Income	0.00	0.02	0.12	0.28	0.28
Interest Expense	0.01	-0.02	0.03	0.09	-0.64
Other Income/Expense	-21.70	0.33	-2.23	0.63	-0.22
Income
Income Before Tax	-33.97	-28.70	-27.75	-15.85	-6.00
Income Tax Expense	-4.00	-2.59	-1.19	0.86	1.35
Net Income	-29.97	-26.12	-26.56	-16.71	-7.34
Net Income - Continuous Operations	-29.97	-26.12	-26.56	-16.71	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-28.89	-10.37	-21.04	-11.99	-4.60
EBIT	-12.38	-14.09	-27.72	-15.76	-6.65
Depreciation & Amortization	5.08	3.72	4.41	2.01	2.06
Earnings Per Share
Basic EPS	-1.00	-1.00	-1.00	-1.00	-
Diluted EPS	-1.00	-1.00	-1.00	-1.00	-
Basic Shares Outstanding	33.39	25.64	24.90	19.69	16.47
Diluted Shares Outstanding	33.39	25.64	24.90	19.69	16.47