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
Property Revenue	350.96	360.92	203.2	140.24	109.71	103.44
Service and 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%
Property Expenses	255.3	264.54	157.48	114.29	82.19	76.58
Total Property Expenses	255.3	264.54	157.48	114.29	82.19	76.58
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
Other Operating Expenses	-3.92	-2.33	-1.81	-1.65	-4.83	11.64
Operating Income	58.81	61.98	21.06	7.12	15.24	0.84
Interest Income	0.99	1.77	1.54	0.51	0.34	1.5
Interest Expense	-8.58	-7.91	-4.37	-1.61	-1.22	-2.59
Total Non-Operating Income (Expense)	-7.59	-6.13	-2.83	-1.1	-0.88	-1.1
Pretax Income	51.22	55.85	18.23	6.02	14.36	-0.25
Provision for Income Taxes	11.47	12.05	4.16	1.63	3.38	-0.05
Net Income	33.93	39.6	14.51	4.52	10.88	0.2
Minority Interest in Earnings	5.83	4.2	-0.45	-0.13	0.1	-0.4
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	-
EPS (Diluted)	0.60	0.70	0.26	0.08	0.24	-
EPS Growth	-4.76%	169.23%	225.00%	-66.67%	-	-
Free Cash Flow	3.02	26.07	-8.46	-44.36	1.51	47.17
Free Cash Flow Growth	-88.42%	-	-	-	-96.79%	407.46%
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	16.75%	17.17%	10.36%	5.07%	13.88%	0.81%
Profit Margin	11.32%	12.13%	6.92%	3.13%	10.00%	-0.20%
FCF Margin	0.86%	7.22%	-4.16%	-31.61%	1.38%	45.38%
EBITDA	58.81	61.98	21.06	7.12	15.24	0.84
EBIT	58.81	61.98	21.06	7.12	15.24	0.84
EBIT Margin	16.75%	17.17%	10.36%	5.07%	13.88%	0.81%
Effective Tax Rate	22.38%	21.58%	22.84%	27.06%	23.51%	18.65%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.