Canfor Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,339	5,253	5,427	7,427	7,685
Revenue Growth (YoY)	1.64%	-3.20%	-26.93%	-3.36%	40.89%
Cost of Revenue	5,201	5,214	5,355	5,635	4,975
Gross Profit	138	39.1	71.4	1,792	2,710
Selling, General & Admin	168.5	167.5	170.4	174.2	147.1
Depreciation & Amortization Expenses	410.4	429.1	420.4	397.2	376.8
Other Operating Expenses	463.2	384.7	12.2	146.5	278.2
Total Operating Expenses	1,042	981.3	603	717.9	802.1
Operating Income	-904.1	-942.2	-531.6	1,074	1,908
Interest Expense	-102.3	-51.7	10.4	1	-24.1
Other Non-Operating Income (Expense)	18.5	10.4	31.2	33.4	12.8
Total Non-Operating Income (Expense)	-83.8	-41.3	41.6	34.4	-11.3
Pretax Income	-987.9	-983.5	-490	1,109	1,897
Provision for Income Taxes	-114.3	-247.3	-141.5	247.4	438
Net Income	-796.7	-669	-326.1	787.3	1,342
Minority Interest in Earnings	-76.9	-67.2	-22.4	73.8	117.2
Net Income to Common	-796.7	-669	-326.1	787.3	1,342
Net Income Growth	-	-	-	-41.32%	146.44%
Shares Outstanding (Basic)	117	119	120	123	125
Shares Outstanding (Diluted)	117	119	120	123	125
Shares Change (YoY)	-0.92%	-1.30%	-2.47%	-1.37%	-0.25%
EPS (Basic)	-6.78	-5.64	-2.71	6.39	10.74
EPS (Diluted)	-6.78	-5.64	-2.71	6.39	10.74
EPS Growth	-	-	-	-40.50%	146.90%
Free Cash Flow	-219.2	-352.9	-432.3	487.7	3,785
Free Cash Flow Growth	-	-	-	-87.11%	334.00%
Free Cash Flow Per Share	-1.87	-2.98	-3.60	3.96	30.30
Gross Margin	2.58%	0.74%	1.32%	24.13%	35.27%
Operating Margin	-16.93%	-17.94%	-9.80%	14.46%	24.83%
Profit Margin	-16.36%	-14.02%	-6.42%	11.59%	18.98%
FCF Margin	-4.11%	-6.72%	-7.97%	6.57%	49.25%
EBITDA	-493.7	-513.1	-111.2	1,471	2,285
EBITDA Margin	-9.25%	-9.77%	-2.05%	19.81%	29.73%
EBIT	-904.1	-942.2	-531.6	1,074	1,908
EBIT Margin	-16.93%	-17.94%	-9.80%	14.46%	24.83%
Effective Tax Rate	11.57%	25.14%	28.88%	22.32%	23.09%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.