Boston Pizza Royalties Income Fund (TSX:BPF.UN)

TSX:BPF.UN Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	52.28	51.89	49.51	49.19	45.47	35.15
Revenue Growth (YoY)	4.59%	4.81%	0.64%	8.18%	29.35%	7.70%
Gross Profit	52.28	51.89	49.51	49.19	45.47	35.15
Selling, General & Admin	1.51	1.54	1.71	1.49	1.39	1.3
Operating Expenses	1.51	1.54	1.71	1.49	1.39	1.3
Operating Income	50.77	50.35	47.8	47.7	44.08	33.86
Interest Expense	-9.26	-9.12	-10.63	-8.8	-3.41	-4.08
Interest & Investment Income	0.15	0.17	0.27	0.28	0.11	0.09
EBT Excluding Unusual Items	42.61	41.39	37.44	39.18	40.78	29.87
Gain (Loss) on Sale of Investments	39.55	27.93	11.73	1.36	-2.02	25.21
Other Unusual Items	-17.62	-12.45	-5.23	-0.61	0.9	-11.23
Pretax Income	64.54	56.88	43.94	39.94	39.66	43.84
Income Tax Expense	16.53	14.72	12.07	10.37	9.07	6.44
Net Income	48.01	42.17	31.87	29.57	30.58	37.41
Net Income to Common	48.01	42.17	31.87	29.57	30.58	37.41
Net Income Growth	61.36%	32.30%	7.80%	-3.33%	-18.24%	290.88%
Shares Outstanding (Basic)	21	21	21	21	22	22
Shares Outstanding (Diluted)	21	21	21	25	25	22
Shares Change (YoY)	0.27%	-	-13.76%	-0.44%	15.16%	-13.32%
EPS (Basic)	2.25	1.98	1.50	1.38	1.42	1.74
EPS (Diluted)	2.25	1.98	1.50	1.34	1.31	1.74
EPS Growth	70.93%	32.19%	11.45%	2.80%	-24.78%	939.59%
Dividend Per Share	1.429	1.410	1.360	1.270	1.114	0.860
Dividend Growth	4.15%	3.68%	7.09%	14.00%	29.54%	85.34%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	97.11%	97.03%	96.54%	96.97%	96.94%	96.30%
Profit Margin	91.82%	81.27%	64.38%	60.10%	67.25%	106.41%
EBIT	50.77	50.35	47.8	47.7	44.08	33.86
EBIT Margin	97.11%	97.03%	96.54%	96.97%	96.94%	96.30%
Effective Tax Rate	25.62%	25.87%	27.47%	25.97%	22.88%	14.68%
Revenue as Reported	52.28	51.89	49.51	49.19	45.47	35.15

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