Fiera Capital 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
Transaction-Based Revenues	649.73	653.03	661.35	658.83	727.24
Other Revenues	23.27	35.59	25.3	22.61	22.63
Revenue	673	688.62	686.65	681.44	749.87
Revenue Growth (YoY)	-2.27%	0.29%	0.76%	-9.13%	7.87%
Gross Profit	673	688.62	686.65	681.44	749.87
Selling, General & Admin	497.44	514.32	493.15	510.24	534.93
Depreciation & Amortization Expenses	47.6	49.1	53.94	57.62	67.62
Other Operating Expenses	25.13	14.87	16.07	19.26	28.7
Operating Income	102.84	110.33	123.5	94.32	118.62
Interest Expense	-48.04	-47.9	-46	-33.92	-26.53
Other Non-Operating Income (Expense)	13.75	-10.51	7.91	-4.41	-2.72
Total Non-Operating Income (Expense)	-34.29	-58.41	-38.1	-38.33	-29.25
Pretax Income	68.72	49.97	85.9	41.65	98.84
Provision for Income Taxes	17.16	14.71	19.63	10.12	22.21
Net Income	39.05	24.99	58.45	25.35	73.53
Minority Interest in Earnings	12.51	10.28	7.82	6.17	3.09
Net Income to Common	39.05	24.99	58.45	25.35	73.53
Net Income Growth	56.27%	-57.25%	130.55%	-65.52%	-
Shares Outstanding (Basic)	107	107	104	102	104
Shares Outstanding (Diluted)	128	109	132	104	117
Shares Change (YoY)	17.73%	-17.36%	26.48%	-10.60%	11.97%
EPS (Basic)	0.36	0.23	0.56	0.25	0.71
EPS (Diluted)	0.34	0.23	0.50	0.24	0.68
EPS Growth	47.83%	-54.00%	108.33%	-64.71%	-
Shares Outstanding	106.62	107.81	105.11	102.64	104.85
Free Cash Flow	127.91	130.98	135.12	108.39	155.15
Free Cash Flow Growth	-2.34%	-3.07%	24.67%	-30.14%	16.13%
Free Cash Flow Per Share	1.00	1.20	1.03	1.04	1.33
Dividends Per Share	0.540	0.861	0.860	0.860	0.845
Dividend Growth	-37.28%	0.12%	-	1.77%	0.60%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	15.28%	16.02%	17.99%	13.84%	15.82%
Profit Margin	7.66%	5.12%	9.65%	4.63%	10.22%
FCF Margin	19.01%	19.02%	19.68%	15.91%	20.69%
EBITDA	150.43	159.43	177.43	151.94	186.24
EBITDA Margin	22.35%	23.15%	25.84%	22.30%	24.84%
EBIT	102.84	110.33	123.5	94.32	118.62
EBIT Margin	15.28%	16.02%	17.99%	13.84%	15.82%
Effective Tax Rate	24.98%	29.43%	22.85%	24.31%	22.48%

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