AGF Management Income Statement

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Transaction-Based Revenues	542.12	535.29	496.08	438.91	440.56	440.44
Other Revenues	31.55	53.39	52.11	32.91	28.45	21.24
Revenue	573.67	588.67	548.19	471.82	469	461.68
Revenue Growth (YoY)	2.33%	7.38%	16.19%	0.60%	1.59%	-15.12%
Cost of Revenue	151.2	150.31	141.25	133.76	172.84	201.47
Gross Profit	422.47	438.36	406.94	338.06	296.17	260.21
Selling, General & Admin	264.45	264.81	262.54	209.05	194.56	195.13
Depreciation & Amortization Expenses	9.71	9.6	9.4	9.12	11.65	10.49
Other Operating Expenses	5.16	0.2	9.69	4.87	2.69	2.8
Operating Income	143.15	163.75	125.31	115.02	87.26	51.8
Pretax Income	147.64	163.75	125.31	115.02	87.26	51.8
Provision for Income Taxes	31.39	35.92	29	27.32	20.61	12.5
Net Income	115.67	128.58	97.57	87.7	66.65	39.3
Minority Interest in Earnings	0.58	-0.75	-1.26	-	-	-
Net Income to Common	115.67	128.58	97.57	87.7	66.65	39.3
Net Income Growth	18.06%	31.78%	11.26%	31.59%	69.60%	-77.40%
Shares Outstanding (Basic)	65	65	65	65	68	70
Shares Outstanding (Diluted)	67	67	67	69	69	72
Shares Change (YoY)	-0.59%	0.85%	-3.62%	-	-3.10%	-8.55%
EPS (Basic)	1.76	1.99	1.51	1.35	0.97	0.56
EPS (Diluted)	1.74	1.91	1.46	1.30	0.96	0.55
EPS Growth	19.19%	30.82%	12.31%	35.42%	74.54%	-75.22%
Shares Outstanding	64.37	65.12	64.35	64.75	63.75	69.11
Free Cash Flow	105.89	109.93	112.38	83.8	48.26	34.53
Free Cash Flow Growth	-3.67%	-2.18%	34.11%	73.63%	39.77%	-61.27%
Free Cash Flow Per Share	1.59	1.63	1.68	1.21	0.70	0.48
Dividends Per Share	0.510	0.500	0.460	0.440	0.400	0.350
Dividend Growth	2.00%	8.70%	4.54%	10.00%	14.29%	9.38%
Gross Margin	73.64%	74.47%	74.23%	71.65%	63.15%	56.36%
Operating Margin	24.95%	27.82%	22.86%	24.38%	18.61%	11.22%
Profit Margin	20.26%	21.72%	17.57%	18.59%	14.21%	8.51%
FCF Margin	18.46%	18.67%	20.50%	17.76%	10.29%	7.48%
EBITDA	152.85	173.35	134.71	124.14	98.91	62.29
EBITDA Margin	26.64%	29.45%	24.57%	26.31%	21.09%	13.49%
EBIT	143.15	163.75	125.31	115.02	87.26	51.8
EBIT Margin	24.95%	27.82%	22.86%	24.38%	18.61%	11.22%
Effective Tax Rate	21.26%	21.93%	23.14%	23.75%	23.62%	24.13%

Updated Apr 14, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.