Interfor 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	2,806	3,024	3,316	4,584	3,289
Revenue Growth (YoY)	-7.20%	-8.81%	-27.67%	39.37%	50.63%
Cost of Revenue	2,612	2,902	3,148	3,375	1,944
Gross Profit	193.5	121.4	168	1,209	1,345
Selling, General & Admin	69.7	70.9	77.2	74.3	57.19
Operating Expenses	250.3	288.4	314.4	260.5	215.45
Operating Income	-56.8	-167	-146.4	948.5	1,129
Interest Expense	-97.9	-71.9	-67.1	-22.7	-19.69
Interest & Investment Income	27.6	28.6	23.4	7.9	3.11
Currency Exchange Gain (Loss)	32.5	-56.3	14.7	-43.1	-2.36
Other Non Operating Income (Expenses)	-244.2	32.5	-109.1	-85.7	-42.53
EBT Excluding Unusual Items	-338.8	-234.1	-284.5	804.9	1,068
Merger & Restructuring Charges	-7.6	-8.7	-2.3	-0.8	-4.56
Gain (Loss) on Sale of Investments	-9.8	-12.3	-16.6	-11.8	-
Gain (Loss) on Sale of Assets	-32.7	-16.6	-1.1	13.7	31.31
Asset Writedown	-71.5	-84.4	-57.3	-3.2	-5.64
Other Unusual Items	-0.3	-0.1	-0.1	2.5	0.03
Pretax Income	-460.7	-356.2	-357.9	814.9	1,089
Income Tax Expense	-116.3	-51.9	-91.1	216.7	270.08
Net Income	-344.4	-304.3	-266.8	598.2	819.01
Net Income to Common	-344.4	-304.3	-266.8	598.2	819.01
Net Income Growth	-	-	-	-26.96%	192.19%
Shares Outstanding (Basic)	55	51	51	55	64
Shares Outstanding (Diluted)	55	51	51	55	64
Shares Change (YoY)	7.02%	0.01%	-6.65%	-13.57%	-5.02%
EPS (Basic)	-6.26	-5.91	-5.19	10.89	12.88
EPS (Diluted)	-6.26	-5.91	-5.19	10.86	12.84
EPS Growth	-	-	-	-15.42%	207.46%
Free Cash Flow	-45.7	70.2	-79.6	426.9	875.64
Free Cash Flow Per Share	-0.83	1.36	-1.55	7.75	13.73
Gross Margin	6.90%	4.01%	5.07%	26.37%	40.89%
Operating Margin	-2.02%	-5.52%	-4.42%	20.69%	34.34%
Profit Margin	-12.27%	-10.06%	-8.05%	13.05%	24.90%
Free Cash Flow Margin	-1.63%	2.32%	-2.40%	9.31%	26.62%
EBITDA	103.7	30.2	63.9	1,127	1,243
EBITDA Margin	3.70%	1.00%	1.93%	24.59%	37.79%
D&A For EBITDA	160.5	197.2	210.3	178.5	113.44
EBIT	-56.8	-167	-146.4	948.5	1,129
EBIT Margin	-2.02%	-5.52%	-4.42%	20.69%	34.34%
Effective Tax Rate	-	-	-	26.59%	24.80%

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