Labrador Iron Ore Royalty Corporation (LIFZF)

Labrador Iron Ore Royalty 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	186.98	207.51	200.17	232.32	279.47	201.93
Revenue Growth (YoY)	-10.82%	3.67%	-13.84%	-16.87%	38.40%	14.00%
Cost of Revenue	6.29	6.26	6.02	6.42	6.17	6.19
Gross Profit	180.69	201.25	194.15	225.9	273.3	195.74
Selling, General & Admin	3.02	3.06	3.05	3.09	3	3.13
Other Operating Expenses	37.09	41.17	39.71	46.14	55.56	40.03
Operating Expenses	40.11	44.23	42.77	49.24	58.56	43.15
Operating Income	140.58	157.02	151.38	176.66	214.73	152.59
Interest & Investment Income	1.53	1.5	1.13	0.54	0.26	0.37
Earnings From Equity Investments	29.58	60.64	84.68	154.1	229.59	126.02
Pretax Income	171.69	219.16	237.2	331.31	444.58	278.98
Income Tax Expense	34.56	44.12	50.89	65.86	64.81	51.78
Net Income	137.13	175.04	186.31	265.45	379.77	227.2
Net Income to Common	137.13	175.04	186.31	265.45	379.77	227.2
Net Income Growth	-32.14%	-6.05%	-29.82%	-30.10%	67.16%	10.64%
Shares Outstanding (Basic)	64	64	64	64	64	64
Shares Outstanding (Diluted)	64	64	64	64	64	64
Shares Change (YoY)	0.51%	-0.03%	0.03%	-	-	-
EPS (Basic)	2.13	2.73	2.91	4.15	5.93	3.55
EPS (Diluted)	2.13	2.73	2.91	4.15	5.93	3.55
EPS Growth	-32.48%	-6.01%	-29.84%	-30.10%	67.16%	10.64%
Dividend Per Share	3.050	3.000	2.550	3.100	6.000	2.550
Dividend Growth	22.00%	17.65%	-17.74%	-48.33%	135.29%	155.00%
Gross Margin	96.64%	96.98%	96.99%	97.23%	97.79%	96.94%
Operating Margin	75.19%	75.67%	75.63%	76.04%	76.84%	75.56%
Profit Margin	73.34%	84.35%	93.08%	114.26%	135.89%	112.51%
EBIT	140.58	157.02	151.38	176.66	214.73	152.59
EBIT Margin	75.19%	75.67%	75.63%	76.04%	76.84%	75.56%
Effective Tax Rate	20.13%	20.13%	21.45%	19.88%	14.58%	18.56%
Revenue as Reported	188.51	209	201.3	232.86	279.73	202.29

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.