Canfor Pulp Products 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
Revenue	701.8	798.6	875.5	1,086	1,145	990.5
Revenue Growth (YoY)	-15.38%	-8.78%	-19.35%	-5.18%	15.59%	-8.95%
Cost of Revenue	576.6	637.7	777.7	866.8	862.1	804.5
Gross Profit	125.2	160.9	97.8	218.8	282.8	186
Selling, General & Admin	100.9	123.2	142.4	171.2	167.8	161.8
Amortization of Goodwill & Intangibles	36.3	58.8	85	97.8	87.3	82.2
Operating Expenses	137.2	182	227.4	269	255.1	244
Operating Income	-12	-21.1	-129.6	-50.2	27.7	-58
Interest Expense	-9.8	-13.1	-10.5	-5.3	-3	-3.4
Interest & Investment Income	0.9	0.9	0.5	0.3	0.1	0.3
Currency Exchange Gain (Loss)	-	-	-	5	-	-
Other Non Operating Income (Expenses)	-13.4	2.2	-2.2	-0.6	0.4	-2.3
EBT Excluding Unusual Items	-34.3	-31.1	-141.8	-50.8	25.2	-63.4
Merger & Restructuring Charges	-	-	-	-7.9	-	-
Asset Writedown	4.1	-206.9	-	-49.6	-95	-
Pretax Income	-14	-221.8	-132.5	-108.3	-61	-30.6
Income Tax Expense	-3.8	-59.9	-36.4	-29.2	-16.6	-8.2
Net Income	-10.2	-161.9	-96.1	-79.1	-44.4	-22.4
Net Income to Common	-10.2	-161.9	-96.1	-79.1	-44.4	-22.4
Shares Outstanding (Basic)	65	65	65	65	65	65
Shares Outstanding (Diluted)	65	65	65	65	65	65
Shares Change (YoY)	-	-	-	-	-	-0.01%
EPS (Basic)	-0.16	-2.48	-1.47	-1.21	-0.68	-0.34
EPS (Diluted)	-0.16	-2.48	-1.47	-1.21	-0.68	-0.34
Free Cash Flow	-11.7	7.6	-24.2	-67.3	70.2	22.7
Free Cash Flow Per Share	-0.18	0.12	-0.37	-1.03	1.08	0.35
Gross Margin	17.84%	20.15%	11.17%	20.16%	24.70%	18.78%
Operating Margin	-1.71%	-2.64%	-14.80%	-4.62%	2.42%	-5.86%
Profit Margin	-1.45%	-20.27%	-10.98%	-7.29%	-3.88%	-2.26%
Free Cash Flow Margin	-1.67%	0.95%	-2.76%	-6.20%	6.13%	2.29%
EBITDA	23.6	37	-45.5	46.5	113.7	23.2
EBITDA Margin	3.36%	4.63%	-5.20%	4.28%	9.93%	2.34%
D&A For EBITDA	35.6	58.1	84.1	96.7	86	81.2
EBIT	-12	-21.1	-129.6	-50.2	27.7	-58
EBIT Margin	-1.71%	-2.64%	-14.80%	-4.62%	2.42%	-5.86%

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