AGF Management Income Statement

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Aug '25 Aug 31, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020	2015 - 2019
Operating Revenue	515.96	482.39	428.17	430.35	432.26	374.66	Upgrade
Other Revenue	54.8	65.8	43.65	38.66	29.42	64.87	Upgrade
Revenue	570.76	548.19	471.82	469	461.68	439.53	Upgrade
Revenue Growth (YoY)	10.36%	16.19%	0.60%	1.59%	5.04%	0.65%	Upgrade
Cost of Revenue	-0.11	-	-	37.36	63.48	43.15	Upgrade
Gross Profit	570.87	548.19	471.82	431.64	398.2	396.38	Upgrade
Selling, General & Admin	410.57	399.57	341.48	330.04	333.12	292.76	Upgrade
Operating Expenses	420.11	408.97	350.6	341.69	343.61	300.79	Upgrade
Operating Income	150.76	139.22	121.23	89.95	54.59	95.59	Upgrade
Interest Expense	-5.82	-6.97	-4.87	-2.69	-2.8	-6.37	Upgrade
Other Non Operating Income (Expenses)	0.99	-2.78	-	-	-	-	Upgrade
EBT Excluding Unusual Items	145.94	129.48	116.35	87.26	51.8	89.23	Upgrade
Merger & Restructuring Charges	-	-	-	-	-	1	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	-	104.39	Upgrade
Asset Writedown	-	-	-	-	-	-0.2	Upgrade
Other Unusual Items	-1.87	-4.17	-1.33	-	-	-	Upgrade
Pretax Income	144.07	125.31	115.02	87.26	51.8	194.43	Upgrade
Income Tax Expense	32.4	29	27.32	20.61	12.5	20.52	Upgrade
Earnings From Continuing Operations	111.67	96.31	87.7	66.65	39.3	173.91	Upgrade
Net Income to Company	111.67	96.31	87.7	66.65	39.3	173.91	Upgrade
Minority Interest in Earnings	0.64	1.26	-	-	-	-	Upgrade
Net Income	112.32	97.57	87.7	66.65	39.3	173.91	Upgrade
Net Income to Common	112.32	97.57	87.7	66.65	39.3	173.91	Upgrade
Net Income Growth	31.00%	11.26%	31.59%	69.60%	-77.40%	263.38%	Upgrade
Shares Outstanding (Basic)	65	65	65	68	70	77	Upgrade
Shares Outstanding (Diluted)	68	67	67	69	72	78	Upgrade
Shares Change (YoY)	1.48%	-0.47%	-3.17%	-3.10%	-8.55%	-1.65%	Upgrade
EPS (Basic)	1.74	1.51	1.35	0.97	0.56	2.25	Upgrade
EPS (Diluted)	1.67	1.46	1.30	0.96	0.55	2.22	Upgrade
EPS Growth	30.44%	12.31%	35.42%	74.55%	-75.22%	270.00%	Upgrade
Free Cash Flow	118.58	113.48	85.3	49.48	36.12	90.85	Upgrade
Free Cash Flow Per Share	1.75	1.70	1.27	0.71	0.50	1.16	Upgrade
Dividend Per Share	0.115	0.460	0.440	0.400	0.350	0.320	Upgrade
Dividend Growth	-74.72%	4.54%	10.00%	14.29%	9.38%	-	Upgrade
Gross Margin	100.02%	100.00%	100.00%	92.03%	86.25%	90.18%	Upgrade
Operating Margin	26.41%	25.40%	25.69%	19.18%	11.82%	21.75%	Upgrade
Profit Margin	19.68%	17.80%	18.59%	14.21%	8.51%	39.57%	Upgrade
Free Cash Flow Margin	20.77%	20.70%	18.08%	10.55%	7.82%	20.67%	Upgrade
EBITDA	155.62	142.8	124.72	94.73	57.1	98.44	Upgrade
EBITDA Margin	27.27%	26.05%	26.43%	20.20%	12.37%	22.40%	Upgrade
D&A For EBITDA	4.86	3.58	3.5	4.78	2.5	2.85	Upgrade
EBIT	150.76	139.22	121.23	89.95	54.59	95.59	Upgrade
EBIT Margin	26.41%	25.40%	25.69%	19.18%	11.82%	21.75%	Upgrade
Effective Tax Rate	22.49%	23.14%	23.75%	23.62%	24.13%	10.55%	Upgrade
Revenue as Reported	570.76	548.19	471.82	469	461.68	543.92	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.