Canlan Ice Sports Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	98.66	94.04	86.15	73.73	40.39	39.26
Revenue Growth (YoY)	6.53%	9.15%	16.85%	82.53%	2.89%	-55.56%
Cost of Revenue	22.39	21.71	21.8	15.1	8.15	9.15
Gross Profit	76.27	72.33	64.36	58.62	32.25	30.11
Selling, General & Admin	57.8	55.25	52.03	45.17	30.09	32.28
Other Operating Expenses	3.2	3.39	2.91	2.81	2.9	3.27
Operating Expenses	68.87	66.2	62.45	56.36	40.79	43.5
Operating Income	7.4	6.13	1.9	2.27	-8.54	-13.39
Interest Expense	-2.88	-3.52	-2.92	-1.68	-1.81	-3.6
Interest & Investment Income	0.47	0.64	0.59	0.21	0.04	0.19
Currency Exchange Gain (Loss)	0.02	0.03	0.01	0.01	0.02	0.05
Other Non Operating Income (Expenses)	-0.26	-0.26	-0.33	-0.31	-0.3	-0.17
EBT Excluding Unusual Items	4.76	3.03	-0.74	0.49	-10.59	-16.92
Gain (Loss) on Sale of Assets	-	0.01	0.02	0.11	1.51	2.3
Other Unusual Items	-	-	-	4.53	6.54	6.37
Pretax Income	4.76	3.04	-0.73	5.13	-2.55	-8.25
Income Tax Expense	0.85	0.24	-1.16	0.4	-1.45	-1.89
Net Income	3.91	2.8	0.44	4.73	-1.09	-6.36
Net Income to Common	3.91	2.8	0.44	4.73	-1.09	-6.36
Net Income Growth	715.00%	543.68%	-90.80%	-	-	-
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
Shares Change (YoY)	-	-	-0.00%	-	-	-
EPS (Basic)	0.29	0.21	0.03	0.35	-0.08	-0.48
EPS (Diluted)	0.29	0.21	0.03	0.35	-0.08	-0.48
EPS Growth	715.00%	543.68%	-90.80%	-	-	-
Free Cash Flow	6.47	6.93	5.07	6.92	11.61	-10.24
Free Cash Flow Per Share	0.48	0.52	0.38	0.52	0.87	-0.77
Dividend Per Share	0.120	0.120	0.120	0.030	-	-
Dividend Growth	-	-	300.00%	-	-	-
Gross Margin	77.31%	76.92%	74.70%	79.51%	79.84%	76.70%
Operating Margin	7.50%	6.52%	2.21%	3.07%	-21.14%	-34.10%
Profit Margin	3.96%	2.98%	0.51%	6.42%	-2.70%	-16.21%
Free Cash Flow Margin	6.56%	7.37%	5.88%	9.38%	28.74%	-26.09%
EBITDA	14.49	12.87	8.55	9.47	-1.82	-6.46
EBITDA Margin	14.69%	13.69%	9.93%	12.84%	-4.50%	-16.46%
D&A For EBITDA	7.09	6.74	6.65	7.2	6.72	6.93
EBIT	7.4	6.13	1.9	2.27	-8.54	-13.39
EBIT Margin	7.50%	6.52%	2.21%	3.07%	-21.14%	-34.10%
Effective Tax Rate	17.88%	7.86%	-	7.78%	-	-

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