Glacier Media 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	134.87	137.51	141.95	154.94	176.01	164.56
Revenue Growth (YoY)	-3.44%	-3.13%	-8.39%	-11.97%	6.96%	8.76%
Cost of Revenue	95.96	99.22	97.7	115.42	128.68	109.5
Gross Profit	38.91	38.29	44.25	39.52	47.33	55.07
Selling, General & Admin	29.18	30.83	34.54	43.69	44.25	37.32
Depreciation & Amortization Expenses	9.04	8.94	11.23	11.87	12.46	12.63
Other Operating Expenses	3.18	9.58	26.46	21.38	16.43	5.43
Total Operating Expenses	41.39	49.35	72.23	76.94	73.13	55.37
Operating Income	-2.48	-11.06	-27.98	-37.42	-25.8	-0.31
Interest Income	2.05	2.89	0.85	0.59	-11.83	-5.47
Interest Expense	11.37	11.16	-4.95	-19.93	-1.71	-1.12
Other Non-Operating Income (Expense)	3.99	2.34	1.73	-0.61	4.25	3.98
Total Non-Operating Income (Expense)	17.4	16.39	-2.37	-19.95	-9.3	-2.61
Pretax Income	14.93	5.33	-30.35	-57.37	-35.1	-2.91
Provision for Income Taxes	4.79	5.65	2.97	-44.32	6.17	3.76
Net Income	14.14	-2.64	-34.33	-10.61	-41.89	-12.4
Minority Interest in Earnings	1.74	2.32	1.02	-2.44	0.62	5.73
Net Income to Common	14.14	-2.64	-34.33	-10.61	-41.89	-12.4
Shares Outstanding (Basic)	131	131	131	131	133	131
Shares Outstanding (Diluted)	131	131	131	131	133	131
Shares Change (YoY)	-	-	-0.05%	-1.03%	1.27%	4.54%
EPS (Basic)	0.07	0.05	-0.19	-0.76	-0.22	-0.04
EPS (Diluted)	0.07	0.05	-0.19	-0.76	-0.22	-0.04
Shares Outstanding	131.13	131.13	131.13	131.13	131.63	132.76
Free Cash Flow	3.07	2.34	2.41	-7.62	6.33	8.62
Free Cash Flow Growth	31.14%	-2.74%	-	-	-26.55%	-66.10%
Free Cash Flow Per Share	0.02	0.02	0.02	-0.06	0.05	0.07
Gross Margin	28.85%	27.84%	31.17%	25.51%	26.89%	33.46%
Operating Margin	-1.84%	-8.04%	-19.71%	-24.15%	-14.66%	-0.19%
Profit Margin	11.77%	-0.23%	-23.47%	-8.42%	-23.44%	-4.05%
FCF Margin	2.28%	1.70%	1.70%	-4.92%	3.60%	5.24%
EBITDA	6.56	-2.12	-16.75	-25.55	-13.35	12.32
EBITDA Margin	4.86%	-1.54%	-11.80%	-16.49%	-7.58%	7.49%
EBIT	-2.48	-11.06	-27.98	-37.42	-25.8	-0.31
EBIT Margin	-1.84%	-8.04%	-19.71%	-24.15%	-14.66%	-0.19%
Effective Tax Rate	32.07%	105.83%	-9.78%	77.26%	-17.57%	-129.05%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.