For the year ending 2025-12-31, CBDY made $3,881,003 in revenue. -$1,555,319 in net income. Net profit margin of -40.08%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue | 3,881,003 | 6,591,625 | ||
| Cost of good sold | 1,813,197 | 2,866,401 | ||
| Travel expenses | - | 7,302 | ||
| Gross profit | 2,067,806 | 3,725,224 | ||
| Advisory and consultancy fee | 171,237 | 256,206 | ||
| Management services fee | 405,316 | 476,994 | ||
| Legal and professional fees | 202,010 | 218,801 | ||
| Depreciation expense | 898,403 | 916,213 | ||
| Operating lease expense | -193,947 | -217,422 | ||
| Office and general | -418,618 | -515,570 | ||
| Total operating expenses | 2,289,531 | 2,608,508 | ||
| Change in fair value of derivative and warrant liability | -140 | 374 | ||
| Interest and bank charges | 1,044,219 | 1,153,574 | ||
| Exchange loss (income) | -98,569 | 172,564 | ||
| Interest income | 34,062 | 30,821 | ||
| Gain on settlement | - | 36,511 | ||
| Recovery of sales tax recoverable | 653 | 6,089 | ||
| Debt issuance cost | 29,744 | 48,997 | ||
| Total other expense | -1,137,957 | -956,212 | ||
| Net (loss) income before income taxes | -1,359,682 | 160,504 | ||
| Income taxes | 0 | 0 | ||
| Net (loss) income | -1,359,682 | 160,504 | ||
| Foreign currency translation adjustment | -195,637 | 304,564 | ||
| Comprehensive (loss) income | -1,555,319 | 465,068 | ||
| Basic EPS | -0.002 | 0 | ||
| Diluted EPS | -0.002 | 0 | ||
| Basic Average Shares | 617,025,999 | 617,025,999 | ||
| Diluted Average Shares | 617,025,999 | 727,226,003 | ||
Target Group Inc. (CBDY)
Target Group Inc. (CBDY)