FRA:3I7 Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	328.07	368.21	360.39	282.16	332.57	353.57
Other Revenue	36.64	36.52	20.6	14.8	7.91	14.84
Revenue	364.71	404.73	381	296.96	340.47	368.41
Revenue Growth (YoY)	-4.67%	6.23%	28.30%	-12.78%	-7.58%	-6.83%
Cost of Revenue	212.87	206.45	201.37	182.91	168.15	167.84
Gross Profit	151.83	198.28	179.63	114.05	172.32	200.57
Selling, General & Admin	18.19	20.89	19.16	15.24	17.83	19.02
Operating Expenses	18.19	20.89	19.16	15.24	17.83	19.02
Operating Income	133.64	177.39	160.47	98.8	154.48	181.55
Interest Expense	-20.06	-20.08	-8.91	-8.95	-9.04	-9.12
Interest & Investment Income	2.76	5.18	6.48	2.82	1.23	1.7
Currency Exchange Gain (Loss)	0.04	-2.86	1.7	-1.38	0.87	-0.23
EBT Excluding Unusual Items	116.37	159.63	159.74	91.3	147.55	173.9
Gain (Loss) on Sale of Assets	-4.42	-1.66	-0.01	0.36	0.12	0.03
Pretax Income	111.95	157.97	159.73	91.66	147.66	173.93
Income Tax Expense	30.28	42.72	43.18	24.82	39.85	47.01
Net Income	81.67	115.25	116.56	66.84	107.81	126.92
Net Income to Common	81.67	115.25	116.56	66.84	107.81	126.92
Net Income Growth	-23.07%	-1.12%	74.38%	-38.01%	-15.05%	-8.95%
Shares Outstanding (Basic)	61	62	63	63	63	65
Shares Outstanding (Diluted)	61	62	63	63	63	65
Shares Change (YoY)	-1.27%	-1.19%	-1.14%	-0.05%	-2.18%	-3.07%
EPS (Basic)	1.33	1.87	1.86	1.06	1.70	1.96
EPS (Diluted)	1.33	1.87	1.86	1.06	1.70	1.96
EPS Growth	-22.08%	0.07%	76.39%	-37.98%	-13.15%	-6.06%
Free Cash Flow	15.32	99.69	98.54	90.34	135.64	159.51
Free Cash Flow Per Share	0.25	1.61	1.58	1.43	2.14	2.47
Dividend Per Share	1.500	1.500	1.400	1.200	0.900	0.640
Dividend Growth	1.70%	7.14%	16.67%	33.33%	40.63%	-
Gross Margin	41.63%	48.99%	47.15%	38.41%	50.61%	54.44%
Operating Margin	36.64%	43.83%	42.12%	33.27%	45.37%	49.28%
Profit Margin	22.39%	28.48%	30.59%	22.51%	31.67%	34.45%
Free Cash Flow Margin	4.20%	24.63%	25.86%	30.42%	39.84%	43.30%
EBITDA	150.4	201.53	184.13	122.24	176.46	201.77
EBITDA Margin	41.24%	49.80%	48.33%	41.17%	51.83%	54.77%
D&A For EBITDA	16.76	24.15	23.66	23.44	21.97	20.22
EBIT	133.64	177.39	160.47	98.8	154.48	181.55
EBIT Margin	36.64%	43.83%	42.12%	33.27%	45.37%	49.28%
Effective Tax Rate	27.05%	27.04%	27.03%	27.08%	26.99%	27.03%
Revenue as Reported	364.71	404.73	381	296.96	340.47	368.41

Source: S&P Global Market Intelligence. Standard template. Financial Sources.