Genesis Land Development Corp. (TSX:GDC)

Genesis Land Development Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	327.22	360.92	203.2	140.24	109.71	103.44
Other Revenue	0.19	0.14	0.11	0.12	0.05	0.49
Revenue	327.4	361.06	203.31	140.36	109.76	103.93
Revenue Growth (YoY)	18.60%	77.59%	44.85%	27.88%	5.61%	52.63%
Cost of Revenue	232.2	264.54	156.78	113.2	77.92	88.22
Gross Profit	95.21	96.52	46.53	27.16	31.84	15.72
Selling, General & Admin	38.66	36.87	26.58	20.6	17.17	14.87
Operating Expenses	38.66	36.87	26.58	20.6	17.17	14.87
Operating Income	56.55	59.65	19.95	6.56	14.68	0.84
Interest Expense	-8.75	-7.91	-4.37	-1.61	-1.22	-2.59
Interest & Investment Income	3.4	4.1	2.65	1.07	0.9	1.5
Pretax Income	52.26	55.85	18.23	6.02	14.36	-0.25
Income Tax Expense	11.61	12.05	4.16	1.63	3.38	-0.05
Earnings From Continuing Operations	40.66	43.79	14.06	4.39	10.98	-0.21
Minority Interest in Earnings	-3.31	-4.2	0.45	0.13	-0.1	0.4
Net Income	37.34	39.6	14.51	4.52	10.88	0.2
Net Income to Common	37.34	39.6	14.51	4.52	10.88	0.2
Net Income Growth	47.98%	172.86%	221.06%	-58.44%	5365.83%	-88.30%
Shares Outstanding (Basic)	57	57	57	57	45	44
Shares Outstanding (Diluted)	57	57	57	57	45	44
Shares Change (YoY)	-0.08%	-0.10%	-0.02%	27.37%	0.58%	5.23%
EPS (Basic)	0.66	0.70	0.26	0.08	0.24	0.00
EPS (Diluted)	0.66	0.70	0.26	0.08	0.24	0.00
EPS Growth	48.10%	173.13%	221.14%	-66.88%	5253.56%	-88.79%
Free Cash Flow	17.1	26.07	-8.46	-44.36	1.51	47.17
Free Cash Flow Per Share	0.30	0.46	-0.15	-0.78	0.03	1.06
Gross Margin	29.08%	26.73%	22.89%	19.35%	29.01%	15.12%
Operating Margin	17.27%	16.52%	9.81%	4.67%	13.37%	0.81%
Profit Margin	11.41%	10.97%	7.14%	3.22%	9.91%	0.19%
Free Cash Flow Margin	5.22%	7.22%	-4.16%	-31.61%	1.38%	45.38%
EBIT	56.55	59.65	19.95	6.56	14.68	0.84
EBIT Margin	17.27%	16.52%	9.81%	4.67%	13.37%	0.81%
Effective Tax Rate	22.21%	21.58%	22.84%	27.06%	23.51%	-
Revenue as Reported	327.4	361.06	203.31	140.36	109.76	103.93

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.