Glacier Media 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
Revenue	137.51	141.95	154.94	176.01	164.56
Revenue Growth (YoY)	-3.13%	-8.39%	-11.97%	6.96%	8.76%
Cost of Revenue	99.22	97.7	115.42	128.68	109.5
Gross Profit	38.29	44.25	39.52	47.33	55.07
Selling, General & Admin	30.83	34.54	43.69	44.25	37.32
Depreciation & Amortization Expenses	8.94	11.23	11.87	12.46	12.63
Other Operating Expenses	9.58	26.46	21.38	16.43	5.43
Total Operating Expenses	49.35	72.23	76.94	73.13	55.37
Operating Income	-11.06	-27.98	-37.42	-25.8	-0.31
Interest Income	2.89	0.85	0.59	-11.83	-5.47
Interest Expense	11.16	-4.95	-19.93	-1.71	-1.12
Other Non-Operating Income (Expense)	2.34	1.73	-0.61	4.25	3.98
Total Non-Operating Income (Expense)	16.39	-2.37	-19.95	-9.3	-2.61
Pretax Income	5.33	-30.35	-57.37	-35.1	-2.91
Provision for Income Taxes	5.65	2.97	-44.32	6.17	3.76
Net Income	-2.64	-34.33	-10.61	-41.89	-12.4
Minority Interest in Earnings	2.32	1.02	-2.44	0.62	5.73
Net Income to Common	-2.64	-34.33	-10.61	-41.89	-12.4
Shares Outstanding (Basic)	131	131	131	133	131
Shares Outstanding (Diluted)	131	131	131	133	131
Shares Change (YoY)	-	-0.05%	-1.03%	1.27%	4.54%
EPS (Basic)	0.05	-0.19	-0.76	-0.22	-0.04
EPS (Diluted)	0.05	-0.19	-0.76	-0.22	-0.04
Free Cash Flow	2.34	2.41	-7.62	6.33	8.62
Free Cash Flow Growth	-2.74%	-	-	-26.55%	-66.10%
Free Cash Flow Per Share	0.02	0.02	-0.06	0.05	0.07
Gross Margin	27.84%	31.17%	25.51%	26.89%	33.46%
Operating Margin	-8.04%	-19.71%	-24.15%	-14.66%	-0.19%
Profit Margin	-0.23%	-23.47%	-8.42%	-23.44%	-4.05%
FCF Margin	1.70%	1.70%	-4.92%	3.60%	5.24%
EBITDA	-2.12	-16.75	-25.55	-13.35	12.32
EBITDA Margin	-1.54%	-11.80%	-16.49%	-7.58%	7.49%
EBIT	-11.06	-27.98	-37.42	-25.8	-0.31
EBIT Margin	-8.04%	-19.71%	-24.15%	-14.66%	-0.19%
Effective Tax Rate	105.83%	-9.78%	77.26%	-17.57%	-129.05%

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