Chorus Aviation 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	1,317	1,405	1,400	1,596	1,023
Revenue Growth (YoY)	-6.30%	0.38%	-12.29%	55.95%	7.86%
Cost of Revenue	450.69	516.75	478.09	469.12	250.42
Gross Profit	865.81	888.2	921.52	1,127	772.85
Selling, General & Admin	493.67	500.92	492.91	500.67	366.1
Depreciation & Amortization Expenses	107.28	116.39	91.48	202.61	201.13
Other Operating Expenses	165.26	178.25	178.6	235.13	134.65
Total Operating Expenses	766.2	795.56	762.99	938.41	701.87
Operating Income	99.61	92.65	158.53	188.27	70.98
Interest Income	3.82	4.37	2.18	4.05	0.88
Interest Expense	-17.62	-51.76	-42.84	-104.89	-97.21
Other Non-Operating Income (Expense)	12.83	-47.87	19.17	-13.57	-2.53
Total Non-Operating Income (Expense)	-0.97	-95.26	-21.49	-114.42	-98.86
Pretax Income	98.64	-2.61	137.04	73.85	-27.88
Provision for Income Taxes	19.9	13.15	35.41	21.93	-7.4
Net Income	78.74	-158.5	101.35	25.99	-20.49
Minority Interest in Earnings	-	2.05	4.75	3.03	-
Net Income Attributable to Preferred Dividends	-	-	-	22.9	-
Earnings From Discontinued Operations	-	-140.69	4.48	-	-
Net Income to Common	78.74	-158.5	101.35	25.99	-20.49
Net Income Growth	-	-	290.00%	-	-
Shares Outstanding (Basic)	26	27	28	28	25
Shares Outstanding (Diluted)	26	27	29	28	25
Shares Change (YoY)	-4.41%	-4.71%	1.10%	13.02%	7.62%
EPS (Basic)	3.05	-9.70	2.29	0.91	-0.84
EPS (Diluted)	3.01	-9.70	2.29	0.91	-0.84
EPS Growth	-	-	151.65%	-	-
Shares Outstanding	23.42	27.18	27.63	28.76	25.38
Free Cash Flow	27.86	212.13	257.39	217.23	110.28
Free Cash Flow Growth	-86.87%	-17.59%	18.48%	96.99%	-
Free Cash Flow Per Share	1.06	7.74	8.95	7.64	4.38
Dividends Per Share	0.270	-	-	-	-
Gross Margin	65.77%	63.22%	65.84%	70.60%	75.53%
Operating Margin	7.57%	6.59%	11.33%	11.80%	6.94%
Profit Margin	5.98%	-1.12%	7.26%	3.25%	-2.00%
FCF Margin	2.12%	15.10%	18.39%	13.61%	10.78%
EBITDA	206.88	209.04	250.01	390.88	272.11
EBITDA Margin	15.71%	14.88%	17.86%	24.49%	26.59%
EBIT	99.61	92.65	158.53	188.27	70.98
EBIT Margin	7.57%	6.59%	11.33%	11.80%	6.94%
Effective Tax Rate	20.18%	-503.71%	25.84%	29.70%	26.52%

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