Altus Group Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	502.89	484.08	509.73	735.45	625.39
Revenue Growth (YoY)	3.89%	-5.03%	-30.69%	17.60%	11.45%
Cost of Revenue	170.73	171.93	340.53	463.95	401.46
Gross Profit	332.16	312.15	169.21	271.5	223.93
Selling, General & Admin	189.25	185.77	115.36	148.18	119.25
Research & Development	49.84	49.12	-	-	-
Amortization of Goodwill & Intangibles	-	-	32.75	41	29.02
Operating Expenses	278.64	276.69	160.79	207.71	165.83
Operating Income	53.52	35.46	8.42	63.79	58.1
Interest Expense	-11.13	-19.8	-24.79	-7.7	-6.6
Interest & Investment Income	14.32	0.65	0.18	0.51	0.25
Earnings From Equity Investments	1.67	2.95	3.15	3.01	1.19
Currency Exchange Gain (Loss)	6.09	4.24	-	-	-
Other Non Operating Income (Expenses)	0.01	-	-	-	-
EBT Excluding Unusual Items	64.49	23.49	-13.04	59.61	52.94
Merger & Restructuring Charges	-27.5	-18.85	-4.26	-43.82	-10.15
Gain (Loss) on Sale of Investments	0.61	0.45	-0.3	-0.16	2.93
Gain (Loss) on Sale of Assets	-1.05	2.5	-	-	-
Other Unusual Items	-27.52	-5.86	-14.07	-11.74	-11.52
Pretax Income	9.03	1.74	-31.68	3.88	34.2
Income Tax Expense	10.25	-9.65	1.81	4.77	8.63
Earnings From Continuing Operations	-1.22	11.39	-33.49	-0.89	25.57
Earnings From Discontinued Operations	373.17	2.04	43.73	-	-
Net Income to Company	371.95	13.42	10.23	-0.89	25.57
Minority Interest in Earnings	-	-	-	0	0.12
Net Income	371.95	13.42	10.23	-0.89	25.69
Net Income to Common	371.95	13.42	10.23	-0.89	25.69
Net Income Growth	2670.97%	31.19%	-	-	19.85%
Shares Outstanding (Basic)	44	46	45	45	42
Shares Outstanding (Diluted)	44	47	45	45	43
Shares Change (YoY)	-5.97%	3.22%	1.49%	4.05%	4.10%
EPS (Basic)	8.46	0.29	0.23	-0.02	0.62
EPS (Diluted)	8.46	0.28	0.23	-0.02	0.60
EPS Growth	2882.52%	25.91%	-	-	14.35%
Free Cash Flow	79.43	78.53	66.6	71.65	50.34
Free Cash Flow Per Share	1.81	1.68	1.47	1.60	1.17
Dividend Per Share	0.600	0.600	0.600	0.600	0.600
Gross Margin	66.05%	64.48%	33.20%	36.92%	35.81%
Operating Margin	10.64%	7.32%	1.65%	8.67%	9.29%
Profit Margin	73.96%	2.77%	2.01%	-0.12%	4.11%
Free Cash Flow Margin	15.79%	16.22%	13.07%	9.74%	8.05%
EBITDA	70.39	56.23	33.57	94.87	85.23
EBITDA Margin	14.00%	11.62%	6.59%	12.90%	13.63%
D&A For EBITDA	16.86	20.78	25.16	31.07	27.13
EBIT	53.52	35.46	8.42	63.79	58.1
EBIT Margin	10.64%	7.32%	1.65%	8.67%	9.29%
Effective Tax Rate	113.53%	-	-	122.91%	25.22%

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