TSX:HWO 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	10.64	10.47	3.38	77.37	76.44
Revenue Growth (YoY)	1.63%	209.40%	-95.63%	1.21%	-15.84%
Cost of Revenue	-5.19	-5.26	-1.33	66.24	61.23
Gross Profit	15.83	15.73	4.71	11.13	15.22
Selling, General & Admin	-3.72	-5.57	-5.65	10.26	11.01
Depreciation & Amortization Expenses	-2.43	-2.6	-1.57	17.1	23.64
Other Operating Expenses	-	-	-	9.67	-
Total Operating Expenses	-6.14	-8.17	-7.22	37.03	34.65
Operating Income	21.97	23.91	11.93	-25.9	-19.43
Interest Income	0.22	0.27	0.19	0.21	-
Interest Expense	-0.51	-0.54	-0.23	-1.49	-0.71
Other Non-Operating Income (Expense)	1.32	1.13	3.3	-0.06	0.22
Total Non-Operating Income (Expense)	1.03	0.86	3.26	-1.34	-0.49
Pretax Income	0.34	-2.11	-1.9	-27.24	-19.92
Provision for Income Taxes	0.01	-0.01	1.82	-17.78	2.62
Net Income	0.36	28.31	-13.14	-36.58	-22.53
Earnings From Discontinued Operations	-	30.43	-12.15	-0.46	-
Net Income to Common	0.36	28.31	-13.14	-36.58	-22.53
Net Income Growth	-98.74%	-	-	-	-
Shares Outstanding (Basic)	13	12	12	12	12
Shares Outstanding (Diluted)	13	12	13	12	12
Shares Change (YoY)	2.32%	-2.67%	4.29%	-0.10%	-1.42%
EPS (Basic)	0.03	-0.17	-0.08	-2.96	-1.52
EPS (Diluted)	0.03	-0.17	-0.08	-2.96	-1.52
Shares Outstanding	12.7	12.45	12.28	12.18	12.18
Free Cash Flow	-0.17	12.03	10.72	3.83	-9.04
Free Cash Flow Growth	-	12.31%	180.06%	-	-
Free Cash Flow Per Share	-0.01	0.97	0.84	0.31	-0.74
Dividends Per Share	-	-	0.180	0.180	-
Gross Margin	148.75%	150.27%	139.18%	14.38%	19.91%
Operating Margin	206.48%	228.32%	352.57%	-33.48%	-25.42%
Profit Margin	3.35%	-20.22%	-29.23%	-46.70%	-29.48%
FCF Margin	-1.63%	114.94%	316.64%	4.95%	-11.82%
EBITDA	24.4	26.51	13.5	-8.8	4.21
EBITDA Margin	229.29%	253.15%	398.91%	-11.38%	5.51%
EBIT	21.97	23.91	11.93	-25.9	-19.43
EBIT Margin	206.48%	228.32%	352.57%	-33.48%	-25.42%
Effective Tax Rate	4.09%	0.43%	-95.89%	65.26%	-13.15%

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