1 The Past Year: Press Releases; 2 Peer Comparison & Ranking of BB; 3 Patents; 4 Currency Synopsis: Canadian Dollar (CAD)

The Past Year: Press Releases
Press Releases and Corporate Wire

Press Release article 1 of 17, Source: West Corporation, 411 words

April 09: BlackBerry BIC: Remuneration of Corporate Officers

Remuneration of Corporate Officersin accordance with the AFEP-MEDEF Code of Corporate Governance for listed companies

Clichy, France April 8, 2026 At its meeting held on February 24, 2026 under the chairmanship of Edouard Bich, the Board of Directors of Societe BIC, acting on the joint recommendations of the Remuneration Committee and the Nominations, Governance & CSR Committee, made the following decisions regarding the remuneration of Corporate Officers.

It should be noted that the elements of remuneration paid or awarded in respect of the fiscal year 2025 to Rob Versloot, Chief Executive Officer since September 15, 2025, were determined by the Board of Directors at its meeting of June 11, 2025 (as disclosed on June 20, 2025) and are in line with the new remuneration policy for Executive Corporate Officers that will be submitted for approval to the Annual General Meeting of May 20, 2026.

REMUNERATION FOR 2025 FISCAL YEAR:

Chair of the Board of Directors:

Annual fixed remuneration of 166,667 euros was awarded to Nikos Koumettis, Chair of the Board, up to May20, 2025.Annual fixed remuneration of 200,000 euros was awarded to Edouard Bich, Chair of the Board, from May 20, 2025. Chief Executive Officer:

Gonzalve Bich

Fixed remuneration: the annual fixed portion of Gonzalve Bichs remuneration in his capacity as Chief Executive Officer amounted to 710,192 US dollars (628,878 euros1) for the year.Variable remuneration: after reviewing the performance criteria, Gonzalve Bichs variable remuneration for 2025 was set at 339,008 US dollars (300,193 euros1), corresponding to 36.6% of the target. Rob Versloot

Fixed remuneration: the annual fixed portion of Rob Versloots remuneration in his capacity as Chief Executive Officer amounted to 313,182 euros for the year.Variable remuneration: after reviewing the performance criteria and compared with a target objective of 100% of his fixed remuneration, Rob Versloots variable remuneration for 2025 was set at 113,155 euros, corresponding to 36.6% of the target.Exceptional bonus for fiscal year 2025: at its meeting of February 24, 2026, the Board of Directors wished to recognize the speed with which Rob Versloot assumed his duties, taking decisive actions for the Company, and decided to propose an exceptional bonus of 200,000 euros for approval at the Annual General Meeting of May 20, 2026.The other elements of the Corporate Executive Officer remuneration policy approved at the Annual General Meeting of May 20, 2025, remain applicable and notably the policy in case of departure of the Corporate Executive Officer.


Press Release article 2 of 17, Source: West Corporation, 104 words

April 09: BlackBerry BIC: Disclosure of total number of voting rights and number of shares forming the capital as of 31 March 2026

Disclosure of total number of voting rights andnumber of shares forming the capitalas of 31 March 2026

Clichy, France April 08, 2026

Article L 233-8-II of the French Code de Commerce and Article 223-16 of the General Regulations of the French Autorite des Marches Financiers.

As of March 31, 2026, the total number of issued shares of SOCIETE BIC is 40,861,314 shares, representing:-57,593,639 voting rights,-57,401,112 voting rights excluding shares without voting rights

Contacts

Source: West Corporation


Press Release article 3 of 17, Source: West Corporation, 59 words

April 03: BlackBerry BIC: Disclosure Of Trading In Own Shares For March 2026

Disclosure Of Trading In Own Shares For March 2026

Clichy, France April 03, 2026

In compliance with general regulation on share buy-backs, Societe BIC declares below the transactions made on its own shares for March 2026:

Source: West Corporation


Press Release article 4 of 17, Source: West Corporation, 205 words

March 26: BlackBerry BIC: Release and Availability of the 2025 Universal Registration Document

Release and Availability of the 2025 Universal Registration Document

Clichy, France March 26, 2026 The 2025 Universal Registration Document (French version) was filed today with the A.M.F (Autorite des Marches Financiers: French Financial Markets Authority).

The document is available on BICs website in French and English in the Investors section under Universal Registration Document as well as on the website of the A.M.F (www.amf-france.org). It is available to the public under current regulatory conditions.

The 2025 Universal Registration Document contains XBRL tags (eXtensible Business Reporting Language) for its financial statements, as BIC adopted the European Single Electronic Format (ESEF).

The document includes:

the Annual Financial Report,the Management report of the Board of Directors for 2025,the Report on Corporate Governance of the Board of Directors (including the compensation policy for corporate officers), information on sustainability (including the Vigilance Plan),the description of the share buyback program,the Reports from the Statutory Auditors and their fees,the draft resolutions submitted by the Board of Directors to the Annual General Meeting to be held on May 20, 2026, as well as the Board of Directors report on the draft resolutions. Contacts

Source: West Corporation


Press Release article 5 of 17, Source: West Corporation, 104 words

March 09: BlackBerry BIC: Disclosure of total number of voting rights and number of shares forming the capital as of February 28, 2026

Disclosure of total number of voting rights andnumber of shares forming the capitalas of February 28, 2026

Clichy, France March 06, 2026

Article L 233-8-II of the French Code de Commerce and Article 223-16 of the General Regulations of the French Autorite des Marches Financiers.

As of February 28, 2026, the total number of issued shares of SOCIETE BIC is 40,861,314 shares, representing:-57,593,899 voting rights,-57,386,137 voting rights excluding shares without voting rights

Contacts

Source: West Corporation


Press Release article 6 of 17, Source: West Corporation, 59 words

March 09: BlackBerry BIC: Disclosure Of Trading In Own Shares For February 2026

Disclosure Of Trading In Own Shares For February 2026

Clichy, France March 05, 2026

In compliance with general regulation on share buy-backs, Societe BIC declares below the transactions made on its own shares for February 2026:

Source: West Corporation


Press Release article 7 of 17, Source: West Corporation, 292 words

February 24: BlackBerry BIC: FULL YEAR 2025 RESULTS

Clichy, France February 24, 2026

FULL YEAR 2025 RESULTS

Challenging year in 2025 with an improved momentum in the second half. Resilient free cash flow generation

Renewed governance and executive leadership team to lead BICs next phase of growth

Initial strategic actions launched in H2 2025 to streamline the portfolio

FY net sales of 2,090m, -0.9% at constant currency (-4.7% on a comparative basis1), in a particularly challenging US environment. Q4 net sales of 495m, +1.1% at constant currency (-2.3% on a comparative basis1) with robust performance of Tangle Teezer as well as strong growth in Brazil and Middle East and Africa.

2025 adjusted EBIT of 283m (vs. 343m in 2024), adjusted EBIT margin of 13.6% reflecting a decline in gross profit margin, partially offset by some cost control.

2025 adjusted EPS at 4.74 (vs. 6.15 in 2024).

Resilient Free Cash Flow generation at 222m (vs. 271m in 2024), reflecting disciplined financial management.

2026 outlook: in this year of transition, BIC anticipates improving organic2 net sales trends, a slight expansion in adjusted EBIT margin, as well as stable Free Cash Flow.

Sustained shareholders return policy:

Rob Versloot, CEO, commented:

2025 was a challenging year for BIC, as we faced significant headwinds across several of our key markets. In this environment, we stabilized performance in the second half and delivered results in line with the expectations I set when I joined as CEO.

We took decisive actions to streamline our brand portfolio by discontinuing underperforming activities and successfully integrating Tangle Teezer, which posted double-digit growth in its first year within BIC. In addition, a new leadership team is now in place, with the clear objective of improving the business going forward, supported by a renewed Board of Directors.


Press Release article 8 of 17, Source: West Corporation, 63 words

February 05: BlackBerry BIC: Disclosure Of Trading In Own Shares for January 2026

Disclosure Of Trading In Own Shares for January 2026

Clichy, France February 05, 2026

In compliance with general regulation on share buy-backs, Societe BIC declares below the transactions made on its own shares for January 2026:

-No transactions for January 2026.

Contacts

Source: West Corporation


Press Release article 9 of 17, Source: West Corporation, 107 words

February 05: BlackBerry BIC: Disclosure of total number of voting rights and number of shares forming the capital as of January 31, 2026

Disclosure of total number of voting rights and number of shares forming the capitalas of January 31, 2026

Clichy, France February 05, 2026

Article L 233-8-II of the French Code de Commerce and Article 223-16 of the General Regulations of the French Autorite des Marches Financiers.

As of Janvier 31, 2026, the total number of issued shares of Societe BIC is 40,861,314 shares, representing:- 57,596,535 voting rights,- 57,426,135 voting rights excluding shares without voting rights

Contacts

Source: West Corporation


Press Release article 10 of 17, Source: West Corporation, 105 words

January 08: BlackBerry BIC: Disclosure of total number of voting rights and number of shares forming the capital as of December 31, 2025

Disclosure of total number of voting rights andnumber of shares forming the capitalas of December 31, 2025

Clichy, France January 08, 2026

Article L 233-8-II of the French Code de Commerce and Article 223-16 of the General Regulations of the French Autorite des Marches Financiers.

As of December 31, 2025, the total number of issued shares of Societe BIC is 40,861,314 shares, representing:

57,596,814 voting rights,57,417,040 voting rights excluding shares without voting rights Contacts

Source: West Corporation


Press Release article 11 of 17, Source: West Corporation, 64 words

January 06: BlackBerry BIC: Disclosure Of Trading In Own Shares For December 2025

Disclosure Of Trading In Own Shares For December 2025

Clichy, France January 06, 2026

In compliance with general regulation on share buy-backs, Societe BIC declares below the transactions made on its own shares for December 2025:

No transactions for December 2025. Contacts

Source: West Corporation


Press Release article 12 of 17, Source: West Corporation, 128 words

January 05: BlackBerry BIC: Half-Year Liquidity Contract Statement

SOCIETE BIC HALF-YEAR LIQUIDITY CONTRACT STATEMENT

Clichy, France January 5, 2026

Under the liquidity contract entered into between Societe BIC and NATIXIS ODDO BHF, the following resources appeared on the liquidity account as of December 31st, 2025:

It is reminded that, at the time of implementation of the liquidity contract, the following assets appeared:

From July 1st to December 31st, 2025, the following transactions were negotiated:

During the same period, the traded volume amounted to:

245,480 shares for 12,502,613.95 purchases255,718 shares for 13,064,748.87 sales The implementation of this report is carried out in accordance with AMF Decision N2021-01 of June 22nd,2021 renewing the implementation of liquidity contracts for shares as an accepted market practice.

Contacts

Source: West Corporation


Press Release article 13 of 17, Source: West Corporation, 174 words

December 16 2025: BlackBerry BIC: Share Capital Reduction by Cancellation of Treasury Shares

Share Capital Reduction by Cancellation of Treasury Shares

Clichy, France December 16, 2025 - As part of the share buyback program announced by the Company on February 18, 2025, and implemented with the authorization of the Annual General Meeting of May 20, 2025, the Company has acquired 759,848 shares from February 19, 2025, to November 28, 2025, for a total of 40 million.

The Board of Directors met today and decided to reduce the Companys share capital by cancelling 759,848 treasury shares which correspond to the BIC shares purchased by the Company as part of the abovementioned buyback program. The Board of Directors delegated powers to the Chief Executive Officer, or to any other person responsible for implementation, to take all necessary measures to carry out said capital reduction. The cancellation of the shares will take effect on December 17, 2025. Consequently, Societe BIC share capital will consist of 40,861,314 shares.

Contacts

Source: West Corporation


Press Release article 14 of 17, Source: West Corporation, 106 words

December 04 2025: BlackBerry BIC: Disclosure of total number of voting rights and number of shares forming the capital as of November 30, 2025

Disclosure of total number of voting rights andnumber of shares forming the capitalas of November 30, 2025

Clichy, France December 04, 2025

Article L 233-8-II of the French Code de Commerce and Article 223-16 of the General Regulations of the French Autorite des Marches Financiers.

As of November 30, 2025, the total number of issued shares of Societe BIC is 41,621,162 shares, representing:

58,357,014 voting rights,57,409,744 voting rights excluding shares without voting rights Contacts

Source: West Corporation


Press Release article 15 of 17, Source: West Corporation, 59 words

December 04 2025: BlackBerry BIC: Disclosure Of Trading In Own Shares For November 2025

Disclosure Of Trading In Own SharesFor November 2025

Clichy, France December 04, 2025

In compliance with general regulation on share buy-backs, Societe BIC declares below the transactions made on its own shares for November 2025:

Source: West Corporation


Press Release article 16 of 17, Source: West Corporation, 202 words

December 04 2025: BlackBerry BIC discontinues Rocketbook and its Skin Creative activities

BIC discontinues Rocketbook and its Skin Creative activities

Clichy, France December 4th, 2025 BIC announces today that following a thorough review of Rocketbook and the tattoo activities grouped under Skin Creative, the Group has decided to discontinue these businesses.

The performances of these activities are not aligned with the Group's ambitions. As a result, BIC decided to wind down the operational activities of Rocketbook, Inkbox and Tattly by the first quarter of 2026.

This decision does not affect BICs full-year 2025 financial outlook and is expected to have minimal impact on net sales and adjusted EBIT margin in 2025.

Rob Versloot, CEO, said: I want to thank all our team members at Rocketbook, Inkbox and Tattly for their hard work and dedication. It is however my responsibility to ensure that all our activities contribute to Groups growth and profitability. Unfortunately, Rocketbook and our Skin Creative businesses did not deliver on their initial expectations, posting significant declines in net sales and profitability since their acquisitions. This decision reflects my determination to shift gears and build a strong foundation for the future of BIC.

Contacts

Source: West Corporation


Press Release article 17 of 17, 107 words

May 31 2025: Quarterly Activities Report: BlackBerry Cash Balance increases 4.4%

As per a report dated May 31, 2025 the Cash Burn of operating activities was CAD18,000,000 in the quarter ended May 31, 2025. This corresponds to an average Cash Burn Rate of CAD6,000,000 per month.
Quarter ended 31 May 2025CAD
Cash and cash equivalents at beginning of period280.3 million
Net cash from / (used in) operating activities(18 million)
Net cash from investing activities38.5 million
Net cash from financing activities(8.8 million)
Effect of movement in exchange rates on cash held500,000
Cash raised (used) during quarter12.2 million
Cash and cash equivalents at end of period292.5 million

BlackBerry issued 4 new patents in the past quarter

BlackBerry (BB) has been issued 4 new patents by the USPTO & EPO.

This corresponds to an average of 1 patent a month, down 85.7% from an average of 7 patents per month in 2025.

To view details, click on link shown in the APPENDIX I DATA & ARCHIVE DOWNLOAD CENTER.


Peer Comparison & Ranking of BB
PEER COMPARISON: BB IN INDICES

BlackBerry is a constituent of the following indices.

Its market capitalisation is $2 billion and accounts for 0.1% of the combined MCap of the S&P/TSX 60 Index.

Index NameMCap of Index ($ b)BB MCap as % of Index
S&P/TSX 60 Index2,396 0.1
S&P/TSX Composite Index3,195 0.1

BUYSELLSIGNALS FUNDAMENTALS VALUATION RANKING:
BlackBerry vs Canadian Market

Out of 932 stocks and 21 units in the Canadian Market, BlackBerry is ranked 165th(165) by Market Cap in $, 196th(196) by Premium to 52-Wk Low, 224th(224) by Revenue and 425th(425) by Free Cash Flow.

Canadian AvgBBBB Rank
Market Cap $4.9 B2.3 B165
Premium to 52-Wk Low (%)39.424.7196
Revenue $2.2 B534.9 M224
Free Cash Flow(281.6 M)13.2 M425
Price/Net Tangible Assets3.7x12.6x511
Discount to 52-Wk High (%)3.628.3542
EBITDA Margin%22.44.9659
Net Profit $212.8 M(79 M)2410
Negative values are shown in brackets.
Stock in Index and Stock in Sector

DescriptionBBS&P/TSX 60 Index% of S&P/TSX 60 IndexCommunication equipment sector% of Communication equipment sector
Net Profit $-57,021,252125.8 B-0.05-107,680,95753.0
Revenue $386.1 M688.9 B0.12 B19.7
Total Assets $935.1 M9,020.7 B0.013.2 B29.3
MCap $2.3 B2,396.1 B0.16.1 B37.1

Relative Valuation Indicators: Stock vs Index and Stock vs Sector

DescriptionBBS&P/TSX 60 Index Avg.Communication equipment sector Avg.
Price/Earnings-29.119.4-155.0
Price/Net Tangible Assets12.633.9612.18

MARKET SHARE
BlackBerry vs Communication Equipment sector [Communication Equipment sector Total in Brackets]
Revenue of $741.1 million[28.4% of aggregate sector revenue of CAD2.7 billion; down from 36.5% in the previous year.]
EBIT of $11.8 million [40.8% of aggregate sector EBIT of CAD3 million; up from 33.1% in the previous year.]

GLOBAL RANK [out of 46,085 stocks] AND RANK OF BLACKBERRY IN THE AMERICAN REGION [out of 9,285 stocks]

DescriptionValueGlobal RankIn Am Region
MCap ($)2.3B6,3542,043
Total Assets ($)1.3B9,3422,823
Revenue ($)534.9M9,7882,606
Net Profit ($)(79M)39,4016,310
Return on Equity %(1.2)28,5913,821
Net Profit Margin %(1.6)28,2343,547
Price to Book92.033,8214,680
PV1000 (1Year) $*1,16019,5993,909
$* Change (1Year) %65.83,695563

* 1 year ago CAD 1 = $ 0.7
Apr 09, 2026: CAD 1 equals $ 0.72

RANK OF BLACKBERRY IN THE S&P/TSX 60 INDEX [out of 49 stocks], IN THE CANADIAN MARKET [out of 1120 stocks] AND IN THE COMMUNICATION EQUIPMENT SECTOR [out of 12 stocks]

DescriptionValueIn S&P/TSX 60 IndexIn Canadian MarketIn Communication equipment sector
MCap (CAD)3.1B492071
Total Assets (CAD)1.8B483601
Revenue (CAD)741.1M453461
Net Profit (CAD)(109.5M)471,42715
Return on Equity %(1.2)476406
Net Profit Margin %(1.6)465955
Price to Book12.6339889
PV1000 (1Year) CAD1,131407689

LONG-TERM FUNDAMENTAL RANKING: 3 OUT OF 5 [5 is best]
BlackBerry is ranked number 1 out of 19 listed communication equipment companies in the Canada with a market capitalization of CAD3.1 billion ($2.3 billion).

Stocks are scored on a set of parameters reflecting fundamental analytical tools involving valuation, size and financial performance. They are ranked according to the average values of those parameters. The highest ranking is 5 and the lowest ranking is 1.


Patents
Rank by patents issued in the past 12 months: BlackBerry vs CANADA stocks
BlackBerry is ranked 2 by patents issued in the past year out of 2,440 Canada listed companies. A total of 1,635 patents were issued to Canada listed companies in the past year, an average of 14.7 patents per company. BlackBerry received 240 patents in the past 12 months, 358 times average.


Currency Synopsis: Canadian Dollar (CAD)
% Change of CAD vs Currency Basket Period-Based
In the past three years the Canadian Dollar fell 2.4% against the US Dollars. However, in the past year the Canadian Dollar rose 2.6% against the US Dollars.

LastCountry1-day %1-week %1-Year %3-Yrs %
CAD1=0.722USDUnited States Of America-0.62.6-2.4
CAD1=4.938CNYChina0.1-0.3-4.3-2.9
CAD1=114.805JPYJapan0.30.112.617.8
CAD1=0.618EUREuropean Union--0.9-3.0-8.8
CAD1=1,069.076KRWSouth Korea0.2-1.82.59.6
CAD1=0.921SGDSingapore0.1-0.4-3.0-6.5
CAD1=1.238NZDNew Zealand--1.7-2.44.7
CAD1=0.538GBPUnited Kingdom0.1-1.1-2.0-9.6
CAD1=1.026AUDAustralia0.3-1.9-12.5-7.5
CAD1=5.658HKDHong Kong-0.53.6-2.7
CAD1=0.571CHFSwitzerland0.1-0.7-3.3-14.7
CAD1=6.728SEKSweden0.2-1.4-4.3-12.9
CAD1=6.875NOKNorway-0.5-1.8-11.1-11.4
CAD1=12.594MXNMexico0.1-2.3-14.6-6.7

1 Tax; 2 Financials as Reported FY 2025, Past 10 Years

Tax
Average Income Tax Paid (Past 4 Years)
In the past 4 years, Income Tax as % of sales increased from 1.0% to 3.2%.

Description2025202420232022
As % of sales3.23.22.11


Financials as Reported FY 2025, Past 10 Years
Financials as reported (FY 2025 [year-ended 28 February 2025 ])

RESULTS OF OPERATIONS AND FINANCIAL CONDITION
(In $ Million, except per share data and shares outstanding)

INCOME STATEMENT AS REPORTED (FY 2025 [year-ended 28 February 2025 ])

Description$ Million$ Million
Feb 28, 2025Feb 29, 2024Change %
Revenue534.9759.1Down 29.5
Cost of sales140268.4Down 47.8
Gross margin394.9490.7Down 19.5
Operating expenses
Research and development108.8127.1Down 14.4
Sales and marketing95.5104Down 8.2
General and administrative159.7187.2Down 14.7
Amortization17.726.7Down 33.7
Impairment of goodwill15.9
Impairment of long-lived assets9.615.3Down 37.3
Gain on sale of property plant and equipment net
Prior Debentures fair value adjustment3.5
Litigation settlements2.8
394.1479.7Down 17.8
Operating income (loss)0.811Down 92.7
Investment income net7.718.8Down 59.0
Income (loss) before income taxes8.529.8Down 71.5
Provision for income taxes1724.2Down 29.8
Income (loss) from continuing operations-8.55.6Deterioration
Gain from disposal of discontinued operation net of tax10.2
Loss from discontinued operations net of tax-80.7-135.8Improved 40.6
Net loss-79-130.2Reduced 39.3
Earnings (loss) per share
Basic earnings (loss) per share from continuing operations-1.0c1.0cDeterioration
Total basic loss per share-13.0c-22.0cReduced 40.9
Diluted earnings (loss) per share from continuing operations-1.0c1.0cDeterioration
Total diluted loss per share-13.0c-22.0cImproved 40.9
Weighted average number of ordinary share Basic591,470,000584,543,000Up 1.2
Weighted average number of ordinary share Diluted591,470,000592,497,000Down 0.2

BALANCE SHEET AS REPORTED (FY 2025 [year-ended 28 February 2025 ])

Description$ Million$ Million
Feb 28, 2025Feb 29, 2024Change %
Assets
Current
Cash and cash equivalents266.7175.1Up 52.3
Short-term investments71.162Up 14.7
Accounts receivable net of allowance of 6.6 and 6.0 respectively173.7198.7Down 12.6
Other receivables48.421.4Up 126.2
Income taxes receivable1.63.6Down 55.6
Other current assets3035.1Down 14.5
Assets held for sale current11.6
591.5507.5Up 16.6
Restricted cash and cash equivalents13.625.4Down 46.5
Long-term investments58.935.7Up 65.0
Other long-term assets76.554.8Up 39.6
Operating lease right-of-use assets net2231.8Down 30.8
Property plant and equipment net13.421.2Down 36.8
Intangible assets net47.357.5Down 17.7
Goodwill472.4474.5Down 0.4
Assets held for sale non-current186.6
1,295.61,395Down 7.1
Liabilities
Current
Accounts payable31.116.8Up 85.1
Accrued liabilities126.2113.7Up 11.0
Income taxes payable25.528.4Down 10.2
Deferred revenue current161.5148.7Up 8.6
Liabilities held for sale current49.3
344.3356.9Down 3.5
Deferred revenue non-current5.614.6Down 61.6
Operating lease liabilities28.737.8Down 24.1
Other long-term liabilities1.83.2Down 43.8
Long-term notes195.3194.1Up 0.6
Liabilities held for sale non-current13.3
575.7619.9Down 7.1
Commitments and contingencies
Shareholders' equity
Capital stock and additional paid-in capital
Preferred shares: authorized unlimited number of non-voting cumulative redeemable and retractable
Common shares: authorized unlimited number of non-voting redeemable retractable Class A common shares and unlimited number of voting common shares
Issued and outstanding - 596230655 voting common shares (February 29 2024 - 589232539)2,976.42,947.7Up 1.0
Deficit-2,237.3-2,158.3Deterioration 3.7
Accumulated other comprehensive loss-19.2-14.3Deterioration 34.3
719.9775.1Down 7.1
1,295.61,395Down 7.1

CASH FLOW AS REPORTED (FY 2025 [year-ended 28 February 2025 ])

Description$ Million$ Million
Feb 28, 2025Feb 29, 2024Change %
Cash flows from operating activities
Net loss-79-130.2Improved 39.3
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Amortization44.758.5Down 23.6
Stock-based compensation25.633.1Down 22.7
Gain on disposal of discontinued operation-10.4
Impairment of goodwill34.8
Impairment of long-lived assets9.615.3Down 37.3
Intellectual property disposed of by sale147.2
Gain on sale of property plant and equipment net
Prior Debentures fair value adjustment3.5
Operating leases-10.8-13.7Improved 21.2
Other2.32.3Steady
Net changes in working capital items
Accounts receivable net of allowance25-78.8Recovery
Other receivables11.7-9.2Recovery
Income taxes receivable2-0.5Recovery
Other assets-16-54.3Improved 70.5
Accounts payable14.2-7.4Recovery
Accrued liabilities6.4-20.3Recovery
Income taxes payable-2.98.7Deterioration
Deferred revenue-5.97.5Deterioration
Net cash provided by (used in) operating activities16.5-3.5Recovery
Cash flows from investing activities
Acquisition of long-term investments-16
Acquisition of property plant and equipment-3.1-7.1Improved 56.3
Proceeds on sale of property plant and equipment
Acquisition of intangible assets-7-13.8Improved 49.3
Cash proceeds from disposal of discontinued operation79.8
Acquisition of short-term investments-154.9-154.4Deterioration 0.3
Proceeds on sale or maturity of short-term investments145.9223.5Down 34.7
Net cash provided by investing activities60.746.6Up 30.3
Cash flows from financing activities
Issuance of common shares3.15.9Down 47.5
Payment of finance lease liability
Maturities of 2020 Debentures and Extension Debentures-515
Proceed from Issuance of Extension Debentures and Notes344
Net cash provided by (used in) financing activities3.1-165.1Recovery
Effect of foreign exchange loss on cash cash equivalents restricted cash and restricted cash equivalents-0.50.2Deterioration
Net increase (decrease) in cash cash equivalents restricted cash and restricted cash equivalents during the year79.8-121.8Recovery
Cash cash equivalents restricted cash and restricted cash equivalents beginning of year200.5322.3Down 37.8
Cash cash equivalents restricted cash and restricted cash equivalents end of year280.3200.5Up 39.8

Download BLACKBERRY Financials Past 10 Years


DescriptionFeb 25Feb 24Feb 23Feb 22Feb 21
Income Statement
Revenue per share 0.91.281.031.14
EBITDA (M)26.256.5(624)184(931)
Depreciation (M)17.726.796165182
Tax (M)1724.2147(9)
Net profit (79 M)(130.2 M)(734 M)12 M(1.1 B)
EPS (0.13)(0.22)(1.27)0.02(1.97)
Balance Sheet
Equity Share Capital 719.9 M775.1 M857 M1.6 B1.5 B
Retained Earnings (B)(2.2)(2.2)(2)(1.3)(1.3)
Total Assets (B)1.31.41.72.62.8
Current Asset 591.5 M507.5 M743 M1 B1 B
Fixed Asset (M)13.421.2254148
Working Capital (M)247.2150.614646577
Cash Flow
Operating Cash Flow (M)16.5(3.5)(263)(28)82
Investing Cash Flow (M)60.746.6176207(65)
Financing Cash Flow (M)3.1(165.1)610(227)
Net Cash Flow (M)80.3(122)(81)189(210)

DescriptionFeb 20Feb 19Feb 18Feb 17Feb 16
Income Statement
Revenue per share 1.851.471.714.1
EBITDA 46 M213 M559 M(1 B)(5 M)
Depreciation (M)194136153186277
Tax 4 M(16 M)1 M(74 M)
Net profit (152 M)93 M405 M(1.2 B)(208 M)
EPS (0.27)0.170.76(2.3)(0.4)
Balance Sheet
Equity Share Capital (B)2.52.62.52.13.2
Retained Earnings (M)(198)(32)(55)(438)768
Total Debt 606 M782 M591 M1.3 B
Total Assets (B)3.943.83.35.5
Current Asset (B)1.21.22.51.73
Fixed Asset (M)70856491412
Working Capital 75 M723 M2.1 B1.1 B2 B
Cash Flow
Operating Cash Flow (M)26100704(224)257
Investing Cash Flow (M)(188)(375)(630)724(439)
Financing Cash Flow (M)75(10)(722)(78)
Net Cash Flow (M)(155)(270)64(222)(260)