D2L Inc. Income Statement

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Revenue	214.99	205.28	182.38	168.4	151.88	126.37
Revenue Growth (YoY)	7.75%	12.55%	8.30%	10.87%	20.18%	15.42%
Cost of Revenue	67.28	65.31	60.18	60.63	63.93	49.29
Gross Profit	147.71	139.96	122.2	107.77	87.95	77.08
Selling, General & Admin	87.99	87.12	80.99	80.63	116.06	44.48
Research & Development	46.89	46.65	48.32	43.07	46.6	30.82
Other Operating Expenses	-	-	-	4.47	-	-
Total Operating Expenses	134.88	133.77	129.31	128.17	162.66	75.3
Operating Income	12.84	6.2	-7.11	-20.4	-74.71	1.78
Interest Income	2.91	3.77	4.23	-	0.17	0.08
Interest Expense	-0.9	-0.82	-0.62	-	-0.3	-0.23
Other Non-Operating Income (Expense)	2.32	0.35	0.31	-	21.08	43.43
Total Non-Operating Income (Expense)	4.33	3.29	3.92	-	20.95	43.28
Pretax Income	17.17	9.49	-3.2	-20.4	-53.76	45.06
Provision for Income Taxes	-13.03	-16.24	0.35	0.43	-0.16	0.19
Net Income	30.2	25.72	-3.54	-18.38	-97.65	-41.5
Net Income to Common	30.2	25.72	-3.54	-18.38	-97.65	-41.5
Net Income Growth	370.43%	-	-	-	-	-
Shares Outstanding (Basic)	55	54	54	53	34	26
Shares Outstanding (Diluted)	56	56	54	53	34	26
Shares Change (YoY)	1.92%	4.22%	0.99%	56.35%	28.15%	0.00%
EPS (Basic)	0.55	0.47	-0.07	-0.35	-2.88	-1.57
EPS (Diluted)	0.55	0.46	-0.07	-0.35	-2.88	-1.57
EPS Growth	358.33%	-	-	-	-	-
Free Cash Flow	29.42	26.98	9.93	0.11	-0.68	15.13
Free Cash Flow Growth	9.07%	171.64%	9182.01%	-	-	271.94%
Free Cash Flow Per Share	0.53	0.48	0.19	0.00	-0.02	0.57
Gross Margin	68.71%	68.18%	67.00%	64.00%	57.91%	60.99%
Operating Margin	5.97%	3.02%	-3.90%	-12.12%	-49.19%	1.41%
Profit Margin	14.05%	12.53%	-1.94%	-10.91%	-64.30%	-32.84%
FCF Margin	13.69%	13.14%	5.45%	0.06%	-0.45%	11.97%
EBITDA	18.12	10.46	-4.24	-16.16	-71.22	4.92
EBITDA Margin	8.43%	5.10%	-2.33%	-9.60%	-46.89%	3.89%
EBIT	12.84	6.2	-7.11	-20.4	-74.71	1.78
EBIT Margin	5.97%	3.02%	-3.90%	-12.12%	-49.19%	1.41%
Effective Tax Rate	-75.93%	-171.14%	-10.84%	-2.13%	0.31%	0.42%

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