illumin Holdings 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	143.59	140.39	126.32	121.04	122.03
Revenue Growth (YoY)	2.28%	11.14%	4.36%	-0.81%	16.33%
Cost of Revenue	86.08	74.93	66.02	60.25	58.46
Gross Profit	57.52	65.46	60.3	60.79	63.56
Selling, General & Admin	44.21	43.27	40.77	38.8	31.11
Depreciation & Amortization Expenses	6.09	5.36	5.48	4.85	5.06
Research & Development	18.55	18.13	19.7	16.81	12.68
Other Operating Expenses	3.45	3.73	5.73	5.85	4.13
Operating Income	-14.78	-5.03	-11.38	-5.52	10.58
Interest Income	1.4	1.82	2.12	-	3.37
Interest Expense	-	-	-	-0.54	-1.05
Other Non-Operating Income (Expense)	-1.4	-1.82	-2.12	0.54	-2.32
Pretax Income	-14.8	1.86	-12.08	0.21	12.9
Provision for Income Taxes	-0.14	0.99	-1.1	0.96	1.15
Net Income	-14.66	0.87	-10.99	-0.75	11.75
Net Income to Common	-14.66	0.87	-10.99	-0.75	11.75
Net Income Growth	-	-	-	-	218.42%
Shares Outstanding (Basic)	52	51	55	59	58
Shares Outstanding (Diluted)	52	55	55	59	59
Shares Change (YoY)	-6.61%	1.09%	-7.47%	0.12%	15.80%
EPS (Basic)	-0.28	0.02	-0.20	-0.01	0.20
EPS (Diluted)	-0.28	0.02	-0.20	-0.01	0.20
EPS Growth	-	-	-	-	185.71%
Free Cash Flow	1.06	8.44	-2.26	1.69	19.3
Free Cash Flow Growth	-87.39%	-	-	-91.24%	33.03%
Free Cash Flow Per Share	0.02	0.15	-0.04	0.03	0.33
Gross Margin	40.06%	46.63%	47.73%	50.22%	52.09%
Operating Margin	-10.29%	-3.58%	-9.01%	-4.56%	8.67%
Profit Margin	-10.21%	0.62%	-8.70%	-0.62%	9.63%
FCF Margin	0.74%	6.01%	-1.79%	1.40%	15.82%
EBITDA	-8.69	0.32	-5.9	-0.67	15.64
EBITDA Margin	-6.05%	0.23%	-4.67%	-0.55%	12.82%
EBIT	-14.78	-5.03	-11.38	-5.52	10.58
EBIT Margin	-10.29%	-3.58%	-9.01%	-4.56%	8.67%
Effective Tax Rate	0.93%	53.26%	9.06%	462.50%	8.92%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.