MTY Food Group Income Statement

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Revenue	1,190	1,160	1,169	716.52	551.9
Revenue Growth (YoY)	2.64%	-0.83%	63.20%	29.83%	7.98%
Cost of Revenue	444.47	456.03	441.74	116.59	58.95
Gross Profit	745.7	703.58	727.59	599.94	492.96
Amortization of Goodwill & Intangibles	32.68	31.87	34.56	29.47	28.44
Other Operating Expenses	457.41	440.54	456.85	417.86	323.63
Operating Expenses	549.19	532.36	546.34	468.88	368.24
Operating Income	196.51	171.22	181.25	131.06	124.72
Interest Expense	-59.24	-70.37	-74.98	-25.85	-23.96
Interest & Investment Income	13.69	13.27	12.49	10.46	11.75
Earnings From Equity Investments	-	-	-	-	-0.71
Currency Exchange Gain (Loss)	1.79	-21.76	-2.63	-5.69	-0.3
Other Non Operating Income (Expenses)	-0.64	-0.6	1.53	1.14	1.5
EBT Excluding Unusual Items	152.11	91.77	117.65	111.12	113
Merger & Restructuring Charges	-	-2.49	-	-	-
Impairment of Goodwill	-	-40.52	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-2.77	-
Gain (Loss) on Sale of Assets	-0.19	0.19	-1.45	0.11	3.55
Asset Writedown	-14.33	-33.68	-9.86	-14.89	-7.45
Other Unusual Items	0.65	0.54	3.64	2.59	2.98
Pretax Income	138.24	15.81	109.99	96.17	112.07
Income Tax Expense	18.85	-8.83	5.46	20.99	26.13
Earnings From Continuing Operations	119.39	24.64	104.52	75.18	85.94
Minority Interest in Earnings	-0.4	-0.47	-0.44	-0.36	-0.3
Net Income	118.99	24.17	104.08	74.82	85.64
Net Income to Common	118.99	24.17	104.08	74.82	85.64
Net Income Growth	392.31%	-76.78%	39.12%	-12.64%	-
Shares Outstanding (Basic)	23	24	24	24	25
Shares Outstanding (Diluted)	23	24	24	24	25
Shares Change (YoY)	-4.13%	-2.05%	0.05%	-1.13%	-0.04%
EPS (Basic)	5.18	1.01	4.26	3.06	3.47
EPS (Diluted)	5.18	1.01	4.25	3.06	3.46
EPS Growth	413.51%	-76.28%	38.89%	-11.56%	-
Free Cash Flow	170.65	180.12	154.46	139.81	132.86
Free Cash Flow Per Share	7.42	7.51	6.31	5.71	5.37
Dividend Per Share	1.320	1.120	1.000	0.840	0.370
Dividend Growth	17.86%	12.00%	19.05%	127.03%	100.00%
Gross Margin	62.66%	60.67%	62.22%	83.73%	89.32%
Operating Margin	16.51%	14.77%	15.50%	18.29%	22.60%
Profit Margin	10.00%	2.08%	8.90%	10.44%	15.52%
Free Cash Flow Margin	14.34%	15.53%	13.21%	19.51%	24.07%
EBITDA	251.7	226.33	234.09	166.51	156.83
EBITDA Margin	21.15%	19.52%	20.02%	23.24%	28.42%
D&A For EBITDA	55.19	55.11	52.84	35.45	32.11
EBIT	196.51	171.22	181.25	131.06	124.72
EBIT Margin	16.51%	14.77%	15.50%	18.29%	22.60%
Effective Tax Rate	13.64%	-	4.96%	21.83%	23.31%

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