Acadian Timber 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	86.96	116.19	93.48	90.47	95.73
Revenue Growth (YoY)	-25.16%	24.29%	3.32%	-5.49%	5.16%
Cost of Revenue	60.43	77.92	63.9	62.89	64.93
Gross Profit	26.53	38.27	29.58	27.58	30.8
Selling, General & Admin	10.98	13.04	8.13	8.07	7.62
Depreciation & Amortization Expenses	-	-	0.36	0.27	0.26
Other Operating Expenses	2.23	1.57	1.53	1.38	1.16
Total Operating Expenses	13.21	14.61	10.02	9.71	9.04
Operating Income	13.32	23.66	19.57	17.87	21.76
Interest Expense	-4.02	-3.12	-3.15	-3.1	-2.98
Other Non-Operating Income (Expense)	58.24	10.45	23.63	34.37	7.67
Total Non-Operating Income (Expense)	54.22	7.33	20.48	31.27	4.7
Pretax Income	67.53	30.99	40.05	49.13	26.45
Provision for Income Taxes	18.56	9.25	10.61	13.63	7.77
Net Income	48.97	21.74	29.43	35.51	18.68
Net Income to Common	48.97	21.74	29.43	35.51	18.68
Net Income Growth	125.29%	-26.15%	-17.10%	90.04%	-15.38%
Shares Outstanding (Basic)	18	18	17	17	17
Shares Outstanding (Diluted)	18	18	17	17	17
Shares Change (YoY)	3.26%	2.58%	1.98%	0.63%	-
EPS (Basic)	2.70	1.24	1.72	2.11	1.12
EPS (Diluted)	2.70	1.24	1.72	2.11	1.12
EPS Growth	117.74%	-27.91%	-18.48%	88.39%	-15.15%
Shares Outstanding	18.12	17.68	17.18	16.89	16.69
Free Cash Flow	3.62	23.55	9.79	14.86	15.9
Free Cash Flow Growth	-84.64%	140.42%	-34.08%	-6.54%	-21.56%
Free Cash Flow Per Share	-	1.34	0.57	0.88	0.95
Dividends Per Share	1.160	1.160	1.160	1.160	1.160
Gross Margin	30.50%	32.93%	31.65%	30.48%	32.17%
Operating Margin	15.31%	20.36%	20.93%	19.75%	22.73%
Profit Margin	56.32%	18.71%	31.49%	39.25%	19.52%
FCF Margin	4.16%	20.27%	10.48%	16.42%	16.61%
EBITDA	15.2	24.18	19.93	18.14	22.02
EBITDA Margin	17.48%	20.81%	21.32%	20.05%	23.00%
EBIT	13.32	23.66	19.57	17.87	21.76
EBIT Margin	15.31%	20.36%	20.93%	19.75%	22.73%
Effective Tax Rate	27.48%	29.85%	26.50%	27.73%	29.37%

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