What is Purebase's earnings per share (EPS)?

Purebase (PUBC) reported diluted earnings per share of $-0.01 for fiscal year 2025. This represents a 0.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Purebase Financials

PUBC

Source SEC Filings (10-K/10-Q) Updated Mar 18, 2026 Currency USD FYE March

This page shows Purebase (PUBC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Earnings Quality Low Quality

0.49x

For every $1 of reported earnings, Purebase generates $0.49 in operating cash flow (-$1.1M OCF vs -$2.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-21443.1x

Purebase earns $-21443.1 in operating income for every $1 of interest expense (-$1.5M vs $69). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$285K

YoY-8.1%

5Y CAGR+11.0%

10Y CAGR+18.6%

Purebase generated $285K in revenue in fiscal year 2025. This represents a decrease of 8.1% from the prior year.

EBITDA

-$1.5M

YoY-7.4%

Purebase's EBITDA was -$1.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 7.4% from the prior year.

Net Income

-$2.3M

YoY-54.3%

Purebase reported -$2.3M in net income in fiscal year 2025. This represents a decrease of 54.3% from the prior year.

EPS (Diluted)

$-0.01

YoY+0.0%

Purebase earned $-0.01 per diluted share (EPS) in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$1.1M

YoY+48.7%

Purebase generated -$1.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 48.7% from the prior year.

Cash & Debt

N/A

Dividends Per Share

N/A

Shares Outstanding

278M

YoY+11.0%

5Y CAGR+5.2%

10Y CAGR+7.0%

Purebase had 278M shares outstanding in fiscal year 2025. This represents an increase of 11.0% from the prior year.

Margins & Returns

Gross Margin

74.5%

YoY+0.4pp

Purebase's gross margin was 74.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.4 percentage points from the prior year.

Operating Margin

-518.4%

YoY-75.5pp

5Y CAGR+387.9pp

Purebase's operating margin was -518.4% in fiscal year 2025, reflecting core business profitability. This is down 75.5 percentage points from the prior year.

Net Margin

-798.7%

YoY-322.8pp

5Y CAGR+89.8pp

10Y CAGR+1922.7pp

Purebase's net profit margin was -798.7% in fiscal year 2025, showing the share of revenue converted to profit. This is down 322.8 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$2K

YoY+0.0%

Purebase invested $2K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 0.0% from the prior year.

PUBC Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$285K-8.1%	$311K-4.7%	$326K-30.9%	$472K+27.7%	$369K+118.1%	$169K
Cost of Revenue	$73K-9.6%	$81K-16.1%	$96K-27.3%	$132K	N/A	N/A
Gross Profit	$213K-7.5%	$230K0.0%	$230K-32.3%	$339K	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.6M+1.7%	$1.6M+3.0%	$1.5M+22.0%	$1.3M-85.2%	$8.5M+495.6%	$1.4M
Operating Income	-$1.5M-7.6%	-$1.4M+84.2%	-$8.7M+73.3%	-$32.5M-295.0%	-$8.2M-436.6%	-$1.5M
Interest Expense	$69-99.9%	$100K+29.8%	$77K+91.8%	$40K+143.8%	-$92K-468.9%	-$16K
Income Tax	$2K0.0%	$2K0.0%	$2K	N/A	N/A	N/A
Net Income	-$2.3M-54.3%	-$1.5M+83.7%	-$9.1M+72.1%	-$32.6M-292.2%	-$8.3M-451.9%	-$1.5M
EPS (Diluted)	$-0.010.0%	$-0.01+75.0%	$-0.04+71.4%	$-0.14	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$87K-56.3%	$199K	N/A	N/A	$204K+93.3%	$106K	N/A	$0
Cost of Revenue	$20K-61.7%	$53K	N/A	N/A	$47K+42.6%	$33K	N/A	$3K
Gross Profit	$67K-54.3%	$146K	N/A	N/A	$157K+116.3%	$73K	N/A	-$3K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$422K-10.5%	$472K+22.5%	$385K	N/A	$406K+4.7%	$388K-14.4%	$454K+22.4%	$371K
Operating Income	-$376K-11.6%	-$337K+19.5%	-$418K	N/A	-$253K+20.7%	-$320K+30.8%	-$462K-5.8%	-$437K
Interest Expense	$90K+147.6%	$36K+5.8%	$34K	N/A	$23K+24.8%	$19K-35.8%	$29K-4.9%	$31K
Income Tax	N/A	$2K	N/A	N/A	N/A	$2K	N/A	N/A
Net Income	-$481K-28.0%	-$376K+17.0%	-$453K	N/A	-$277K+18.8%	-$341K+30.6%	-$491K+54.8%	-$1.1M
EPS (Diluted)	$0.00	$0.00	$0.00	N/A	$0.00	$0.00	$0.00	N/A

PUBC Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	N/A	$797K-1.8%	$812K+12.2%	$723K-6.6%	$775K+21.9%	$635K
Current Assets	N/A	$48K+126.7%	$21K-11.7%	$24K-82.9%	$139K+805.5%	$15K
Cash & Equivalents	N/A	$28K+404.3%	$6K-70.8%	$19K-85.6%	$132K+1676.0%	$7K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	$2K-20.0%	$3K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	N/A	$1.8M-41.2%	$3.0M+134.6%	$1.3M-56.2%	$3.0M+52.8%	$1.9M
Current Liabilities	N/A	$1.1M-24.7%	$1.5M+135.1%	$644K-72.9%	$2.4M+31.6%	$1.8M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	N/A	-$991K+55.5%	-$2.2M-289.3%	-$572K+73.8%	-$2.2M-67.9%	-$1.3M
Retained Earnings	N/A	-$64.2M-2.4%	-$62.7M-16.9%	-$53.6M-154.7%	-$21.1M-65.1%	-$12.8M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$908K+6.6%	$852K+4.9%	$812K+1.9%	$797K-9.6%	$882K+0.3%	$879K+8.7%	$809K-0.3%	$812K
Current Assets	$164K+54.4%	$106K+65.1%	$64K+35.0%	$48K-64.0%	$132K+2.8%	$129K+120.7%	$58K+177.5%	$21K
Cash & Equivalents	$98K+19484.2%	$500-97.5%	$20K-28.9%	$28K-10.1%	$31K-32.0%	$46K+697.6%	$6K+3.4%	$6K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$10K-80.0%	$49K	$0	N/A	$74K+48.4%	$50K	$0	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$914K-65.2%	$2.6M+18.2%	$2.2M+24.1%	$1.8M+16.4%	$1.5M+21.4%	$1.3M-33.0%	$1.9M-37.9%	$3.0M
Current Liabilities	$914K-53.2%	$2.0M+25.3%	$1.6M+36.6%	$1.1M+26.6%	$901K+6.5%	$846K-52.6%	$1.8M+17.8%	$1.5M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$6K+99.7%	-$1.8M-25.9%	-$1.4M-41.9%	-$991K-51.6%	-$654K-69.7%	-$385K+64.3%	-$1.1M+51.6%	-$2.2M
Retained Earnings	-$65.5M-0.7%	-$65.0M-0.6%	-$64.7M-0.7%	-$64.2M-0.6%	-$63.8M-0.4%	-$63.6M-0.5%	-$63.2M-0.8%	-$62.7M

PUBC Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$1.1M+48.7%	-$2.2M-92.8%	-$1.1M-34.1%	-$838K-1.8%	-$824K+34.9%	-$1.3M
Capital Expenditures	$2K0.0%	$2K-98.8%	$131K	N/A	N/A	N/A
Free Cash Flow	-$1.1M+48.7%	-$2.2M-72.9%	-$1.3M	N/A	N/A	N/A
Investing Cash Flow	$175K+11478.4%	-$2K+98.8%	-$131K	N/A	N/A	N/A
Financing Cash Flow	$914K-58.3%	$2.2M+76.6%	$1.2M+71.2%	$725K-23.6%	$948K-25.0%	$1.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$336K-28.2%	-$262K+24.6%	-$348K-65.0%	-$211K+57.6%	-$497K+36.6%	-$784K-16.2%	-$675K-201.8%	-$224K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$4K
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$228K
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$4K
Financing Cash Flow	$434K+78.6%	$243K-28.5%	$340K+62.4%	$209K-56.6%	$483K-41.4%	$825K+22.1%	$675K+413.5%	$132K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

PUBC Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	74.5%+0.4pp	74.0%+3.5pp	70.5%-1.5pp	72.0%	N/A	N/A
Operating Margin	-518.4%-75.5pp	-442.9%+2226.9pp	-2669.8%+4230.9pp	-6900.7%-4670.7pp	-2230.0%-1323.7pp	-906.3%
Net Margin	-798.7%-322.8pp	-475.8%+2312.8pp	-2788.6%+4120.2pp	-6908.8%-4660.3pp	-2248.5%-1360.1pp	-888.5%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	-185.4%+934.4pp	-1119.8%+3384.4pp	-4504.2%-3431.6pp	-1072.5%-835.6pp	-236.9%
Current Ratio	N/A	0.04+0.0	0.01-0.0	0.04-0.0	0.06+0.0	0.01
Debt-to-Equity	N/A	-1.80-0.4	-1.36+0.9	-2.26-0.9	-1.35+0.1	-1.49
FCF Margin	-390.1%+308.6pp	-698.7%-313.6pp	-385.1%	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	76.7%+3.3pp	73.5%	N/A	N/A	76.9%+8.2pp	68.7%	N/A	N/A
Operating Margin	-432.8%-263.3pp	-169.5%	N/A	N/A	-124.0%+178.4pp	-302.4%	N/A	N/A
Net Margin	-553.7%-364.6pp	-189.1%	N/A	N/A	-135.5%+186.9pp	-322.4%	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-52.9%-8.9pp	-44.1%+11.7pp	-55.8%	N/A	-31.4%+7.4pp	-38.8%+21.9pp	-60.7%+73.0pp	-133.7%
Current Ratio	0.18+0.1	0.05+0.0	0.040.0	0.04-0.1	0.150.0	0.15+0.1	0.03+0.0	0.01
Debt-to-Equity	-152.55-151.1	-1.48+0.1	-1.58+0.2	-1.80+0.5	-2.35+0.9	-3.28-1.5	-1.75-0.4	-1.36
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Similar Companies

Replenish Nutrients Holding Corp VVIVF

$18.2M

Mustgrow Biologics Corp MGROF

$24.3M

Sustainable Green Team Ltd SGTM

$46.7M

Itronics ITRO

$2.9M

Co2 Gro BLONF

$1.4M

Frequently Asked Questions

What is Purebase's annual revenue?

Purebase (PUBC) reported $285K in total revenue for fiscal year 2025. This represents a -8.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Purebase's revenue growing?

Purebase (PUBC) revenue declined by 8.1% year-over-year, from $311K to $285K in fiscal year 2025.

Is Purebase profitable?

No, Purebase (PUBC) reported a net income of -$2.3M in fiscal year 2025, with a net profit margin of -798.7%.

What is Purebase's EBITDA?

Purebase (PUBC) had EBITDA of -$1.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Purebase's gross margin?

Purebase (PUBC) had a gross margin of 74.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Purebase's operating margin?

Purebase (PUBC) had an operating margin of -518.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Purebase's net profit margin?

Purebase (PUBC) had a net profit margin of -798.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Purebase's free cash flow?

Purebase (PUBC) generated -$1.1M in free cash flow during fiscal year 2025. This represents a 48.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Purebase's operating cash flow?

Purebase (PUBC) generated -$1.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Purebase's capital expenditures?

Purebase (PUBC) invested $2K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Purebase have outstanding?

Purebase (PUBC) had 278M shares outstanding as of fiscal year 2025.

Are Purebase's earnings high quality?

Purebase (PUBC) has an earnings quality ratio of 0.49x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Purebase cover its interest payments?

Purebase (PUBC) has an interest coverage ratio of -21443.1x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.