Acadian Timber 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 27, 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
Revenue	85.21	116.19	93.48	90.47	95.73	91.03
Revenue Growth (YoY)	-28.86%	24.29%	3.32%	-5.49%	5.16%	-9.01%
Cost of Revenue	62.16	79.49	65.42	64.27	66.09	61.93
Gross Profit	23.05	36.7	28.06	26.2	29.64	29.1
Selling, General & Admin	10.24	12.52	8.13	8.07	7.62	7.99
Operating Expenses	10.76	13.04	8.49	8.34	7.88	8.27
Operating Income	12.29	23.66	19.57	17.87	21.76	20.83
Interest Expense	-3.66	-3.12	-3.15	-3.1	-2.98	-4.32
Currency Exchange Gain (Loss)	-	-	-	-	0.43	2.37
Other Non Operating Income (Expenses)	7.78	7.22	13.93	11.06	2.35	3.5
EBT Excluding Unusual Items	16.42	27.76	30.34	25.83	21.57	22.37
Gain (Loss) on Sale of Assets	0.49	0.54	0.66	0.06	0.47	0.38
Asset Writedown	2.69	2.69	9.05	23.25	4.42	8.51
Pretax Income	19.6	30.99	40.05	49.13	26.45	31.25
Income Tax Expense	4.77	9.25	10.61	13.63	7.77	9.17
Net Income	14.84	21.74	29.43	35.51	18.68	22.08
Net Income to Common	14.84	21.74	29.43	35.51	18.68	22.08
Net Income Growth	-46.52%	-26.15%	-17.10%	90.04%	-15.38%	27.45%
Shares Outstanding (Basic)	18	18	17	17	17	17
Shares Outstanding (Diluted)	18	18	17	17	17	17
Shares Change (YoY)	3.43%	2.58%	1.98%	0.63%	-	-
EPS (Basic)	0.82	1.24	1.72	2.11	1.12	1.32
EPS (Diluted)	0.82	1.24	1.72	2.11	1.12	1.32
EPS Growth	-48.30%	-28.01%	-18.71%	88.85%	-15.38%	27.45%
Free Cash Flow	1.14	23.55	9.79	14.86	15.9	20.27
Free Cash Flow Per Share	0.06	1.34	0.57	0.89	0.95	1.21
Dividend Per Share	1.160	1.160	1.160	1.160	1.160	1.160
Gross Margin	27.05%	31.58%	30.01%	28.96%	30.96%	31.97%
Operating Margin	14.42%	20.36%	20.93%	19.75%	22.73%	22.88%
Profit Margin	17.41%	18.71%	31.49%	39.25%	19.52%	24.25%
Free Cash Flow Margin	1.34%	20.27%	10.48%	16.42%	16.61%	22.26%
EBITDA	13.81	24.18	19.93	18.14	22.02	21.11
EBITDA Margin	16.20%	20.81%	21.32%	20.05%	23.00%	23.19%
D&A For EBITDA	1.52	0.52	0.36	0.27	0.26	0.28
EBIT	12.29	23.66	19.57	17.87	21.76	20.83
EBIT Margin	14.42%	20.36%	20.93%	19.75%	22.73%	22.88%
Effective Tax Rate	24.31%	29.85%	26.50%	27.73%	29.37%	29.35%

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