Diversified Royalty 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
Non-Interest Income	72.63	70.79	64.99	56.5	45.18	37.28
Non-Interest Income Growth	10.80%	8.92%	15.04%	25.04%	21.20%	22.25%
Revenues Before Loan Losses	72.63	70.79	64.99	56.5	45.18	37.28
Revenue	72.63	70.79	64.99	56.5	45.18	37.28
Revenue Growth (YoY)	10.80%	8.92%	15.04%	25.04%	21.20%	22.25%
Compensation Expenses	4.81	4.38	4.92	3.86	3.45	3
Selling, General & Admin	2.92	1.64	1.68	1.9	1.4	1.18
Other Non-Interest Expenses	0.35	2.27	8.2	-0.09	7.55	-1.72
Total Non-Interest Expense	10.34	8.29	14.8	5.67	12.4	2.45
Pretax Income	50.49	50.98	37.49	43.59	23.5	32.68
Provision for Income Taxes	14.25	14.31	10.87	11.87	7.94	9.17
Net Income	36.24	36.67	26.62	31.72	15.56	23.52
Net Income to Common	25.25	36.67	26.62	31.72	15.56	23.52
Net Income Growth	9.36%	37.76%	-16.09%	103.86%	-33.83%	-
Shares Outstanding (Basic)	170	169	162	143	126	122
Shares Outstanding (Diluted)	172	171	164	144	127	136
Shares Change (YoY)	2.79%	4.46%	13.61%	13.57%	-6.43%	14.05%
EPS (Basic)	0.21	0.22	0.16	0.22	0.12	0.19
EPS (Diluted)	0.20	0.21	0.16	0.22	0.12	0.19
EPS Growth	25.00%	31.25%	-27.27%	83.33%	-36.84%	-
Free Cash Flow	42.96	45.41	46.48	30.81	28.37	27.57
Free Cash Flow Growth	-5.39%	-2.31%	50.89%	8.58%	2.91%	24.74%
Free Cash Flow Per Share	0.25	0.27	0.28	0.21	0.22	0.20
Dividends Per Share	0.263	0.263	0.249	0.241	0.224	0.206
Dividend Growth	-	5.70%	3.45%	7.66%	8.68%	-1.01%
Profit Margin	49.90%	51.80%	40.96%	56.15%	34.44%	63.08%
FCF Margin	59.15%	64.15%	71.52%	54.53%	62.80%	73.95%
EBITDA	0.1	0.1	0.1	0.1	0.1	0.09
EBITDA Margin	0.14%	0.14%	0.16%	0.18%	0.22%	0.24%
Effective Tax Rate	28.23%	28.07%	29.00%	27.23%	33.78%	28.04%