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	2016 - 2020
Period Ending	May '25 May 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	2016 - 2020
Operating Revenue	506.33	482.39	428.17	430.35	432.26	374.66	Upgrade
Other Revenue	56.72	65.8	43.65	38.66	29.42	64.87	Upgrade
Revenue	563.04	548.19	471.82	469	461.68	439.53	Upgrade
Revenue Growth (YoY)	13.26%	16.19%	0.60%	1.59%	5.04%	0.65%	Upgrade
Cost of Revenue	-	-	-	37.36	63.48	43.15	Upgrade
Gross Profit	563.04	548.19	471.82	431.64	398.2	396.38	Upgrade
Selling, General & Admin	408.53	399.57	341.48	330.04	333.12	292.76	Upgrade
Operating Expenses	418.05	408.97	350.6	341.69	343.61	300.79	Upgrade
Operating Income	144.99	139.22	121.23	89.95	54.59	95.59	Upgrade
Interest Expense	-6.19	-6.97	-4.87	-2.69	-2.8	-6.37	Upgrade
Other Non Operating Income (Expenses)	-1.41	-2.78	-	-	-	-	Upgrade
EBT Excluding Unusual Items	137.4	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	-2.72	-4.17	-1.33	-	-	-	Upgrade
Pretax Income	134.68	125.31	115.02	87.26	51.8	194.43	Upgrade
Income Tax Expense	31.12	29	27.32	20.61	12.5	20.52	Upgrade
Earnings From Continuing Operations	103.56	96.31	87.7	66.65	39.3	173.91	Upgrade
Net Income to Company	103.56	96.31	87.7	66.65	39.3	173.91	Upgrade
Minority Interest in Earnings	0.61	1.26	-	-	-	-	Upgrade
Net Income	104.16	97.57	87.7	66.65	39.3	173.91	Upgrade
Net Income to Common	104.16	97.57	87.7	66.65	39.3	173.91	Upgrade
Net Income Growth	17.71%	11.26%	31.59%	69.60%	-77.40%	263.38%	Upgrade
Shares Outstanding (Basic)	65	65	65	68	70	77	Upgrade
Shares Outstanding (Diluted)	67	67	67	69	72	78	Upgrade
Shares Change (YoY)	0.54%	-0.47%	-3.17%	-3.10%	-8.55%	-1.65%	Upgrade
EPS (Basic)	1.61	1.51	1.35	0.97	0.56	2.25	Upgrade
EPS (Diluted)	1.55	1.46	1.30	0.96	0.55	2.22	Upgrade
EPS Growth	17.48%	12.31%	35.42%	74.55%	-75.22%	270.00%	Upgrade
Free Cash Flow	118.51	113.48	85.3	49.48	36.12	90.85	Upgrade
Free Cash Flow Per Share	1.76	1.70	1.27	0.71	0.50	1.16	Upgrade
Dividend Per Share	0.480	0.460	0.440	0.400	0.350	0.320	Upgrade
Dividend Growth	6.67%	4.54%	10.00%	14.29%	9.38%	-	Upgrade
Gross Margin	100.00%	100.00%	100.00%	92.03%	86.25%	90.18%	Upgrade
Operating Margin	25.75%	25.40%	25.69%	19.18%	11.82%	21.75%	Upgrade
Profit Margin	18.50%	17.80%	18.59%	14.21%	8.51%	39.57%	Upgrade
Free Cash Flow Margin	21.05%	20.70%	18.08%	10.55%	7.82%	20.67%	Upgrade
EBITDA	148.69	142.8	124.72	94.73	57.1	98.44	Upgrade
EBITDA Margin	26.41%	26.05%	26.43%	20.20%	12.37%	22.40%	Upgrade
D&A For EBITDA	3.69	3.58	3.5	4.78	2.5	2.85	Upgrade
EBIT	144.99	139.22	121.23	89.95	54.59	95.59	Upgrade
EBIT Margin	25.75%	25.40%	25.69%	19.18%	11.82%	21.75%	Upgrade
Effective Tax Rate	23.11%	23.14%	23.75%	23.62%	24.13%	10.55%	Upgrade
Revenue as Reported	563.04	548.19	471.82	469	461.68	543.92	Upgrade

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