Exchange Income 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
Revenue	3,476	3,278	2,660	2,498	2,059	1,413
Revenue Growth (YoY)	27.49%	23.22%	6.46%	21.32%	45.73%	22.92%
Cost of Revenue	2,216	2,080	1,692	1,638	1,348	892.31
Gross Profit	1,259	1,197	968.16	860.32	711.05	520.84
Selling, General & Admin	469.04	442.7	340.09	304.79	254.61	190.96
Depreciation & Amortization Expenses	408.06	384.92	310.42	265.83	219.71	186.39
Other Operating Expenses	8.81	9.7	11.8	7.77	6.85	3.03
Total Operating Expenses	885.91	837.32	662.31	578.39	481.17	380.38
Operating Income	373.47	359.75	305.85	281.93	229.89	140.46
Interest Expense	-129.53	-131.58	-137.86	-119.79	-78.42	-52.2
Other Non-Operating Income (Expense)	8.58	-	-	0.95	-	6
Total Non-Operating Income (Expense)	-120.95	-131.58	-137.86	-118.84	-78.42	-46.2
Pretax Income	252.52	228.17	167.98	163.09	151.47	94.26
Provision for Income Taxes	64.31	60.65	46.75	40.79	41.8	25.68
Net Income	188.21	167.52	121.24	122.31	109.67	68.59
Net Income to Common	188.21	167.52	121.24	122.31	109.67	68.59
Net Income Growth	51.89%	38.18%	-0.88%	11.52%	59.89%	144.48%
Shares Outstanding (Basic)	54	52	48	45	40	30
Shares Outstanding (Diluted)	57	57	53	52	47	30
Shares Change (YoY)	6.95%	7.80%	1.64%	9.88%	55.90%	-15.65%
EPS (Basic)	3.54	3.20	2.55	2.72	2.72	2.31
EPS (Diluted)	3.42	3.12	2.49	2.65	2.64	2.26
EPS Growth	38.46%	25.30%	-6.04%	0.38%	16.81%	189.74%
Shares Outstanding	56.33	56.13	49.6	47.14	42.48	38.74
Free Cash Flow	-64.73	-80.37	-131.23	-150.04	-24.52	10.63
Free Cash Flow Growth	-	-	-	-	-	-91.02%
Free Cash Flow Per Share	-1.13	-1.41	-2.48	-2.89	-0.52	0.35
Dividends Per Share	2.690	2.660	2.640	2.540	2.410	2.280
Dividend Growth	1.13%	0.76%	3.94%	5.39%	5.70%	-
Gross Margin	36.23%	36.52%	36.40%	34.43%	34.53%	36.86%
Operating Margin	10.74%	10.98%	11.50%	11.28%	11.16%	9.94%
Profit Margin	5.41%	5.11%	4.56%	4.90%	5.33%	4.85%
FCF Margin	-1.86%	-2.45%	-4.93%	-6.01%	-1.19%	0.75%
EBITDA	781.52	744.67	616.26	547.76	449.6	326.85
EBITDA Margin	22.48%	22.72%	23.17%	21.92%	21.83%	23.13%
EBIT	373.47	359.75	305.85	281.93	229.89	140.46
EBIT Margin	10.74%	10.98%	11.50%	11.28%	11.16%	9.94%
Effective Tax Rate	25.47%	26.58%	27.83%	25.01%	27.60%	27.24%

Updated May 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.