LIS.V | Lithium South Development Corporation Annual &

Annual Income Statements

(In CAD)

Breakdown	2023	2022	2021	2020	2019	2018
Revenue	-	-	-	-	-	-
Cost of Revenue	37.74 Thousand	47.17 Thousand	-	-	-	-
Gross Profit	-37.74 Thousand	-47.17 Thousand	-	-	-	-
Operating Expenses	10.67 Million	12.39 Million	8.04 Million	1.57 Million	1.7 Million	7.54 Million
Selling, General and Administrative Expenses	10.67 Million	12.39 Million	7.31 Million	1.56 Million	1.33 Million	4.3 Million
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	-	-	728.52 Thousand	5044.00	373.97 Thousand	3.23 Million
Cost and Expenses	10.67 Million	12.44 Million	8.04 Million	1.57 Million	1.7 Million	7.54 Million
Operating Income	-10.67 Million	-12.44 Million	-8.04 Million	-1.57 Million	-1.71 Million	-7.54 Million
Interest Expense	-	-	-	368.46 Thousand	-	-
Income Tax Expense	-	4.00	-236.55 Thousand	368.46 Thousand	-12.81 Thousand	419.91 Thousand
Earnings before Tax	-8.46 Million	-9.17 Million	-8.04 Million	-2.98 Million	-1.69 Million	-7.75 Million
Net Income	-8.46 Million	-9.17 Million	-8.04 Million	-3.35 Million	-1.67 Million	-7.75 Million
Earnings Per Share Basic	-0.09	-0.10	-0.14	-0.12	-0.26	-1.45
Earnings Per Share Diluted	-0.09	-0.10	-0.14	-0.12	-0.26	-1.45
Weighted Average Shares Outstanding	96.83 Million	95.95 Million	59.03 Million	27.79 Million	6.35 Million	5.36 Million
Weighted Average Shares Outstanding (Diluted)	96.83 Million	95.95 Million	59.03 Million	27.79 Million	6.35 Million	5.36 Million
Gross Margin	-	-	-	-	-	-
EBIT Margin	-	-	-	-	-	-
Profit Margin	-	-	-	-	-	-
EBITDA	-10.63 Million	-9.13 Million	-8.04 Million	-1.57 Million	-1.71 Million	-7.75 Million
Earnings Before Tax Margin	-	-	-	-	-	-

Breakdown	2024 Q2	2024 Q1	2023 FY	2023 Q4	2023 Q3	2023 Q2
Revenue	-	-	-	-	-	-
Cost of Revenue	7549.00	7549.00	37.74 Thousand	9437.00	9435.00	9435.00
Gross Profit	-7549.00	-7549.00	-37.74 Thousand	-9437.00	-9435.00	-9435.00
Operating Expenses	1.41 Million	1.34 Million	10.74 Million	2.12 Million	2.61 Million	2.43 Million
Selling, General and Administrative Expenses	1.41 Million	1.34 Million	-	2.12 Million	1.61 Million	2.43 Million
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	1.16 Million	-	-	-	-	-
Cost and Expenses	1.42 Million	1.34 Million	10.78 Million	2.13 Million	2.61 Million	2.44 Million
Operating Income	-1.42 Million	-1.34 Million	-10.78 Million	-2.13 Million	-2.99 Million	-2.44 Million
Interest Expense	-	-	-	-	-	-
Income Tax Expense	1.00	1.00	-2.00	3.00	-168.97 Thousand	5.00
Earnings before Tax	-1.27 Million	-1.48 Million	-8.46 Million	-1.7 Million	-2.24 Million	-1.75 Million
Net Income	-1.27 Million	-1.48 Million	-8.46 Million	-1.7 Million	-2.07 Million	-1.75 Million
Earnings Per Share Basic	-0.01	-0.02	-	-0.02	-0.02	-0.02
Earnings Per Share Diluted	-0.01	-0.02	-	-0.02	-0.02	-0.02
Weighted Average Shares Outstanding	97.65 Million	96.97 Million	96.83 Million	96.96 Million	96.96 Million	96.71 Million
Weighted Average Shares Outstanding (Diluted)	97.65 Million	96.97 Million	96.83 Million	96.96 Million	96.96 Million	96.71 Million
Gross Margin	-	-	-	-	-	-
EBIT Margin	-	-	-	-	-	-
Profit Margin	-	-	-	-	-	-
EBITDA	-1.41 Million	-1.34 Million	-	-2.12 Million	-2.99 Million	-2.43 Million
Earnings Before Tax Margin	-	-	-	-	-	-