GreenFirst Forest Products Inc. (ICLTF)

ICLTF Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 27, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	296.55	282.85	284.68	492.11	133.32	-
Revenue Growth (YoY)	3.45%	-0.64%	-42.15%	269.13%	-	-
Cost of Revenue	349.15	273.81	304.43	449.03	120.62	-
Gross Profit	-52.6	9.04	-19.75	43.08	12.7	-
Selling, General & Admin	12.9	12.08	17.89	24.25	8.22	2.66
Other Operating Expenses	1.76	2.7	-0.59	-4.96	0.2	0.01
Operating Income	-63.74	-0.34	-38.23	23.78	4.67	-2.66
Interest Expense	8.86	1.32	2.11	12.8	6.17	0.03
Other Non-Operating Income (Expense)	-16	-15.52	-0.69	17.26	9.2	-0.44
Total Non-Operating Income (Expense)	-7.14	-14.21	1.42	30.05	15.37	-0.41
Pretax Income	-86.44	-17.18	-41.02	-4.78	-12.05	-2.25
Provision for Income Taxes	-4.1	-4.45	2.8	0.64	2.03	-
Net Income	-94.09	-47.07	-47.02	-0.91	-8.16	-2.25
Earnings From Discontinued Operations	-1.38	-25.44	-7.58	3.22	1.86	-
Net Income to Common	-94.09	-47.07	-47.02	-0.91	-8.16	-2.25
Shares Outstanding (Basic)	22	18	18	5	6	2
Shares Outstanding (Diluted)	22	18	18	5	6	2
Shares Change (YoY)	20.52%	1.42%	290.27%	-27.53%	182.89%	-0.43%
EPS (Basic)	-4.39	-2.61	-2.65	-0.20	-1.30	-1.00
EPS (Diluted)	-4.39	-2.61	-2.65	-0.20	-1.30	-1.00
Free Cash Flow	-39.96	-32.41	-82.21	24.26	-2.16	-1.6
Free Cash Flow Per Share	-1.85	-1.80	-4.63	-	-	-0.72
Gross Margin	-17.74%	3.20%	-6.94%	8.75%	9.53%	-
Operating Margin	-21.02%	-0.12%	-13.43%	4.83%	3.51%	-
Profit Margin	-31.26%	-7.65%	-13.85%	-0.84%	-7.52%	-
FCF Margin	-13.48%	-11.46%	-28.88%	4.93%	-1.62%	-
EBITDA	-46.56	16.84	-20.82	44.15	10.72	-2.66
EBITDA Margin	-15.70%	5.95%	-7.31%	8.97%	8.04%	-
EBIT	-63.74	-0.34	-38.23	23.78	4.67	-2.66
EBIT Margin	-21.02%	-0.12%	-13.43%	4.83%	3.51%	-
Effective Tax Rate	6.21%	25.93%	-6.82%	-13.47%	-16.85%	0.00%

Updated Sep 27, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.