Algoma Steel Group Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	2,214	2,455	2,796	2,779	3,806	1,795
Revenue Growth (YoY)	-10.97%	-12.20%	0.62%	-27.00%	112.04%	-8.28%
Cost of Revenue	2,619	2,570	2,489	2,382	2,293	1,677
Gross Profit	-405.07	-115.07	306.9	397	1,513	117.8
Selling, General & Admin	151	159.6	134.3	116.5	114.6	93.6
Other Operating Expenses	36.33	41.33	24.6	7.2	-0.6	13.4
Operating Expenses	170.8	208	160.1	111	114	107
Operating Income	-575.87	-323.07	146.8	286	1,399	10.8
Interest Expense	-84.1	-71.2	-18.9	-15.4	-47	-67.3
Interest & Investment Income	16.53	23.73	10	13.3	0.5	1.1
Currency Exchange Gain (Loss)	22.9	54	1.7	41.1	-4.3	-76.5
Other Non Operating Income (Expenses)	40.37	-7.33	5.4	45.2	70.1	-1.2
EBT Excluding Unusual Items	-580.17	-323.87	145	370.2	1,419	-133.1
Merger & Restructuring Charges	-	-	-	-	-262.1	-
Asset Writedown	-503.4	-	-	-	-	-
Other Unusual Items	2.4	-3.2	-0.1	5.9	-	57
Pretax Income	-1,020	-284.27	144.9	376.1	1,157	-76.1
Income Tax Expense	-250.1	-61.6	39.7	77.6	298.9	-
Net Income	-770.37	-222.67	105.2	298.5	857.7	-76.1
Net Income to Common	-770.37	-222.67	105.2	298.5	857.7	-76.1
Net Income Growth	-	-	-64.76%	-65.20%	-	-
Shares Outstanding (Basic)	109	109	108	123	101	72
Shares Outstanding (Diluted)	109	109	133	147	112	72
Shares Change (YoY)	0.23%	-18.42%	-9.52%	31.84%	55.29%	-
EPS (Basic)	-7.09	-2.05	0.97	2.43	8.53	-1.06
EPS (Diluted)	-7.09	-2.05	0.70	1.71	7.75	-1.06
EPS Growth	-	-	-58.97%	-77.98%	-	-
Free Cash Flow	-664.3	-452	-195.2	-193.8	1,097	-63.6
Free Cash Flow Per Share	-6.11	-4.17	-1.47	-1.32	9.84	-0.89
Dividend Per Share	0.427	0.288	0.271	0.271	0.062	-
Dividend Growth	57.79%	6.26%	0.08%	333.50%	-	-
Gross Margin	-18.30%	-4.69%	10.98%	14.29%	39.76%	6.56%
Operating Margin	-26.01%	-13.16%	5.25%	10.29%	36.77%	0.60%
Profit Margin	-34.79%	-9.07%	3.76%	10.74%	22.54%	-4.24%
Free Cash Flow Margin	-30.00%	-18.41%	-6.98%	-6.98%	28.83%	-3.54%
EBITDA	-426.5	-186	261.2	380.7	1,486	97.4
EBITDA Margin	-19.26%	-7.58%	9.34%	13.70%	39.04%	5.43%
D&A For EBITDA	149.37	137.07	114.4	94.7	86.4	86.6
EBIT	-575.87	-323.07	146.8	286	1,399	10.8
EBIT Margin	-26.01%	-13.16%	5.25%	10.29%	36.77%	0.60%
Effective Tax Rate	-	-	27.40%	20.63%	25.84%	-

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