Genesis Land Development 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
Operating Revenue	350.96	360.92	203.2	140.24	109.71	103.44
Other Revenue	0.24	0.14	0.11	0.12	0.05	0.49
Revenue	351.2	361.06	203.31	140.36	109.76	103.93
Revenue Growth (YoY)	7.07%	77.59%	44.85%	27.88%	5.61%	52.63%
Cost of Revenue	255.3	264.54	156.78	113.2	77.92	88.22
Gross Profit	95.9	96.52	46.53	27.16	31.84	15.72
Selling, General & Admin	41.01	36.87	26.58	20.6	17.17	14.87
Operating Expenses	41.01	36.87	26.58	20.6	17.17	14.87
Operating Income	54.89	59.65	19.95	6.56	14.68	0.84
Interest Expense	-8.58	-7.91	-4.37	-1.61	-1.22	-2.59
Interest & Investment Income	3.32	4.1	2.65	1.07	0.9	1.5
Pretax Income	51.22	55.85	18.23	6.02	14.36	-0.25
Income Tax Expense	11.47	12.05	4.16	1.63	3.38	-0.05
Earnings From Continuing Operations	39.76	43.79	14.06	4.39	10.98	-0.21
Minority Interest in Earnings	-5.83	-4.2	0.45	0.13	-0.1	0.4
Net Income	33.93	39.6	14.51	4.52	10.88	0.2
Net Income to Common	33.93	39.6	14.51	4.52	10.88	0.2
Net Income Growth	-3.15%	172.86%	221.06%	-58.44%	5365.83%	-88.30%
Shares Outstanding (Basic)	57	57	57	57	45	44
Shares Outstanding (Diluted)	57	57	57	57	45	44
Shares Change (YoY)	-0.10%	-0.10%	-0.02%	27.37%	0.58%	5.23%
EPS (Basic)	0.60	0.70	0.26	0.08	0.24	0.00
EPS (Diluted)	0.60	0.70	0.26	0.08	0.24	0.00
EPS Growth	-3.06%	173.13%	221.14%	-66.88%	5253.56%	-88.79%
Free Cash Flow	3.02	26.07	-8.46	-44.36	1.51	47.17
Free Cash Flow Per Share	0.05	0.46	-0.15	-0.78	0.03	1.06
Gross Margin	27.31%	26.73%	22.89%	19.35%	29.01%	15.12%
Operating Margin	15.63%	16.52%	9.81%	4.67%	13.37%	0.81%
Profit Margin	9.66%	10.97%	7.14%	3.22%	9.91%	0.19%
Free Cash Flow Margin	0.86%	7.22%	-4.16%	-31.61%	1.38%	45.38%
EBIT	54.89	59.65	19.95	6.56	14.68	0.84
EBIT Margin	15.63%	16.52%	9.81%	4.67%	13.37%	0.81%
Effective Tax Rate	22.38%	21.58%	22.84%	27.06%	23.51%	-
Revenue as Reported	351.2	361.06	203.31	140.36	109.76	103.93

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