Maxim Power Corp. (MXGFF)

Maxim Power 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 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	92.96	101.48	41.46	141.26	156.01	46.73
Revenue Growth (YoY)	-20.16%	144.78%	-70.65%	-9.46%	233.89%	64.91%
Operations & Maintenance	55.79	58.66	38.38	79.98	70.04	35.01
Selling, General & Admin	8.39	7.53	6.71	5.48	5.14	4.08
Depreciation & Amortization	15.35	14.56	9.7	10.55	7.97	5.46
Other Operating Expenses	-	-	-	-	-0.16	0.39
Total Operating Expenses	79.53	80.75	54.78	96.01	82.99	44.95
Operating Income	13.43	20.73	-13.32	45.25	73.03	1.78
Interest Expense	-1.78	-8.07	-8.02	-7.34	-7.3	-5.56
Interest Income	2.01	4.44	2.93	1.27	0.14	0.2
Net Interest Expense	0.23	-3.63	-5.09	-6.08	-7.16	-5.36
Currency Exchange Gain (Loss)	0.04	0.08	-0	-0.07	0.12	0.03
Other Non-Operating Income (Expenses)	6.85	2.61	-0.34	-0.26	-0.06	-0.08
EBT Excluding Unusual Items	20.56	19.8	-18.76	38.85	65.92	-3.62
Gain (Loss) on Sale of Assets	-1.33	-	-0.1	-	-	-
Asset Writedown	-	-	-2	-7.86	-5.35	-
Insurance Settlements	-	-	70.62	14.39	-	-
Other Unusual Items	-2.66	8.32	-12.35	7.22	37.58	6.42
Pretax Income	15.08	28.12	37.4	52.6	98.15	2.8
Income Tax Expense	1.14	6.18	9.11	10.32	19.64	-6.46
Earnings From Continuing Ops.	13.93	21.95	28.3	42.28	78.51	9.26
Net Income to Company	13.93	21.95	28.3	42.28	78.51	9.26
Net Income	13.93	21.95	28.3	42.28	78.51	9.26
Net Income to Common	13.93	21.95	28.3	42.28	78.51	9.26
Net Income Growth	-66.64%	-22.44%	-33.07%	-46.15%	747.83%	-
Shares Outstanding (Basic)	62	53	50	50	50	50
Shares Outstanding (Diluted)	64	64	64	64	64	50
Shares Change (YoY)	-0.10%	-0.40%	0.36%	0.08%	27.08%	-3.90%
EPS (Basic)	0.22	0.42	0.56	0.84	1.57	0.19
EPS (Diluted)	0.22	0.38	0.49	0.72	1.28	0.18
EPS Growth	-69.42%	-22.95%	-30.80%	-44.29%	613.08%	-
Free Cash Flow	13.97	76.88	-3.81	-4.68	16.64	-13.21
Free Cash Flow Per Share	0.22	1.21	-0.06	-0.07	0.26	-0.26
Profit Margin	14.99%	21.63%	68.25%	29.93%	50.32%	19.82%
Free Cash Flow Margin	15.02%	75.75%	-9.18%	-3.31%	10.66%	-28.28%
EBITDA	29.08	35.61	-3.33	55.99	81.03	7.24
EBITDA Margin	31.28%	35.09%	-8.03%	39.64%	51.94%	15.50%
D&A For EBITDA	15.65	14.88	10	10.74	8	5.46
EBIT	13.43	20.73	-13.32	45.25	73.03	1.78
EBIT Margin	14.45%	20.43%	-32.14%	32.04%	46.81%	3.81%
Effective Tax Rate	7.59%	21.96%	24.35%	19.62%	20.01%	-
Revenue as Reported	92.3	113.5	44.45	138.28	137.12	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.