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

TSX:BPF.UN Income Statement

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

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

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