TWC Enterprises 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	226.67	241.56	225.87	186.51	174.01	127.22
Other Revenue	4.83	4.54	4.6	4.29	4.4	4.59
Revenue	231.5	246.1	230.47	190.81	178.42	131.8
Revenue Growth (YoY)	-12.81%	6.78%	20.79%	6.94%	35.37%	-21.91%
Cost of Revenue	137.08	167.11	154.59	107.22	105.79	69.81
Gross Profit	94.42	78.99	75.88	83.59	72.63	61.99
Selling, General & Admin	17.55	16.99	16.98	16.97	13.59	13.93
Amortization of Goodwill & Intangibles	0.73	0.8	0.8	1.4	1.67	1.12
Other Operating Expenses	14.78	13.4	14.23	13.75	11.51	11.52
Operating Expenses	46.34	44.66	45.41	48.58	44.54	44.69
Operating Income	48.08	34.33	30.47	35.01	28.09	17.3
Interest Expense	-1.16	-1.33	-2.33	-7.88	-6.98	-9.92
Interest & Investment Income	11.95	13.1	11.3	8.69	6.66	6.31
Earnings From Equity Investments	-0.05	-0.05	-0.12	0.46	1.27	0.12
Currency Exchange Gain (Loss)	0.07	-0.49	0.66	0.25	-0.21	1.26
Other Non Operating Income (Expenses)	0.66	0.37	-1.59	-0.26	-10.97	-0.69
EBT Excluding Unusual Items	59.55	45.92	38.4	36.26	17.87	14.37
Merger & Restructuring Charges	-0.63	-	-	-	-	-
Gain (Loss) on Sale of Investments	-10.02	0.84	-14.84	-9.4	39.67	-23.55
Gain (Loss) on Sale of Assets	0.36	8.21	1.18	0.38	40.3	1.42
Other Unusual Items	-	-	6.62	-	9.28	11.95
Pretax Income	49.26	55.83	31.55	27.82	110.94	4.18
Income Tax Expense	14.35	15.23	9.51	9.16	21.29	3.21
Earnings From Continuing Operations	34.91	40.6	22.04	18.67	89.65	0.97
Net Income to Company	34.91	40.6	22.04	18.67	89.65	0.97
Minority Interest in Earnings	0.25	0.25	0.88	0.1	0.3	-
Net Income	35.16	40.85	22.93	18.76	89.94	0.97
Net Income to Common	35.16	40.85	22.93	18.76	89.94	0.97
Net Income Growth	-30.17%	78.16%	22.20%	-79.14%	9162.82%	-80.20%
Shares Outstanding (Basic)	24	24	25	25	25	26
Shares Outstanding (Diluted)	24	24	25	25	25	26
Shares Change (YoY)	-0.61%	-0.58%	0.19%	-0.45%	-5.14%	-4.17%
EPS (Basic)	1.44	1.67	0.93	0.76	3.65	0.04
EPS (Diluted)	1.44	1.67	0.93	0.76	3.65	0.04
EPS Growth	-29.74%	79.20%	21.97%	-79.05%	9665.08%	-79.34%
Free Cash Flow	42.76	62.92	23.26	-1.07	44.46	23.11
Free Cash Flow Per Share	1.76	2.58	0.95	-0.04	1.80	0.89
Dividend Per Share	0.345	0.300	0.200	0.140	0.080	0.080
Dividend Growth	25.45%	50.00%	42.86%	75.00%	-	-
Gross Margin	40.79%	32.10%	32.92%	43.81%	40.71%	47.03%
Operating Margin	20.77%	13.95%	13.22%	18.35%	15.75%	13.13%
Profit Margin	15.19%	16.60%	9.95%	9.83%	50.41%	0.74%
Free Cash Flow Margin	18.47%	25.57%	10.09%	-0.56%	24.92%	17.54%
EBITDA	61.55	47.46	43.62	48.82	42.43	31.39
EBITDA Margin	26.59%	19.29%	18.92%	25.58%	23.78%	23.82%
D&A For EBITDA	13.48	13.14	13.14	13.8	14.33	14.1
EBIT	48.08	34.33	30.47	35.01	28.09	17.3
EBIT Margin	20.77%	13.95%	13.22%	18.35%	15.75%	13.13%
Effective Tax Rate	29.13%	27.28%	30.14%	32.91%	19.19%	76.77%
Revenue as Reported	231.5	246.1	230.47	190.81	178.42	131.8

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