Definity Financial Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Net Premiums Earned	5,389	4,677	4,258	3,850	3,486	2,842
Investment Income	245.8	215.7	198.2	179.5	133.1	96.8
Net Gains on Investments	65.5	154.4	214.4	151.8	-446.1	-20.8
Total Other Revenues	236	229.4	186	127.4	19.9	-
Revenue	5,936	5,277	4,857	4,309	3,193	2,918
Revenue Growth (YoY)	18.39%	8.64%	12.72%	34.97%	9.42%	8.21%
Operating Income	5,936	5,277	4,857	4,309	3,193	2,918
Interest Expense	-38.3	-22.9	-9.6	-5.3	-0.6	-
Other Non-Operating Income (Expense)	-52.3	-	-	-	-	-
Total Non-Operating Income (Expense)	-38.3	-22.9	-9.6	-5.3	-0.6	-
Pretax Income	5,898	5,254	4,847	4,304	3,192	2,918
Provision for Income Taxes	148	151.8	143.8	112.7	2.3	68
Net Income	390.1	418.2	430.4	350.1	110.9	213.2
Minority Interest in Earnings	8.6	7.8	4.5	4.4	0.6	-
Net Income to Common	390.1	418.2	430.4	350.1	110.9	213.2
Net Income Growth	-6.50%	-2.83%	22.94%	215.69%	-47.98%	38.53%
Shares Outstanding (Basic)	119	117	115	115	115	105
Shares Outstanding (Diluted)	121	119	117	117	117	105
Shares Change (YoY)	3.65%	2.23%	-0.09%	-0.26%	10.91%	1.35%
EPS (Basic)	3.27	3.57	3.75	3.04	0.96	2.03
EPS (Diluted)	3.24	3.51	3.69	3.00	0.95	2.02
EPS Growth	-9.75%	-4.88%	23.00%	215.79%	-52.97%	36.49%
Shares Outstanding	120.2	119.9	114	114.9	114.4	115.9
Free Cash Flow	455.2	512.6	307.2	351.8	305.8	655.2
Free Cash Flow Growth	-11.20%	66.86%	-12.68%	15.04%	-53.33%	33.66%
Free Cash Flow Per Share	3.78	4.30	2.64	3.02	2.62	6.22
Dividends Per Share	0.777	0.750	0.640	0.550	0.500	0.050
Dividend Growth	3.67%	17.19%	16.36%	10.00%	900.00%	-
Operating Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Profit Margin	6.72%	8.07%	8.95%	8.23%	3.49%	7.31%
FCF Margin	7.67%	9.71%	6.32%	8.16%	9.58%	22.46%
EBITDA	5,981	5,413	4,982	4,309	3,193	2,918
EBITDA Margin	100.74%	102.59%	102.58%	100.00%	100.00%	100.00%
EBIT	5,936	5,277	4,857	4,309	3,193	2,918
EBIT Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	2.51%	2.89%	2.97%	2.62%	0.07%	2.33%

Updated May 7, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.