illumin Holdings 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
Operating Revenue	150.37	140.39	126.32	121.04	122.03	104.89
Revenue	150.37	140.39	126.32	121.04	122.03	104.89
Revenue Growth (YoY)	17.97%	11.14%	4.36%	-0.81%	16.33%	-11.95%
Cost of Revenue	85.82	74.93	66.02	60.25	58.46	50.81
Gross Profit	64.55	65.46	60.3	60.79	63.56	54.09
Selling, General & Admin	43.59	41	40.77	38.31	31.11	24.05
Research & Development	21.29	20.41	19.7	16.81	12.68	13.16
Operating Expenses	74.29	70.49	71.67	65.81	52.98	47.1
Operating Income	-9.73	-5.03	-11.38	-5.03	10.58	6.99
Interest Expense	-0.37	-0.36	-1.15	-0.93	-1.05	-1.66
Interest & Investment Income	1.81	2.18	3.28	0.38	-	-
Currency Exchange Gain (Loss)	3.27	5.07	-2.83	6.27	3.37	-0.14
EBT Excluding Unusual Items	-5.02	1.86	-12.08	0.7	12.9	5.19
Merger & Restructuring Charges	-	-	-	-0.49	-	-
Pretax Income	-5.02	1.86	-12.08	0.21	12.9	5.19
Income Tax Expense	0.66	0.99	-1.1	0.96	1.15	1.5
Net Income	-5.69	0.87	-10.99	-0.75	11.75	3.69
Net Income to Common	-5.69	0.87	-10.99	-0.75	11.75	3.69
Net Income Growth	-	-	-	-	218.42%	-
Shares Outstanding (Basic)	51	51	55	59	58	53
Shares Outstanding (Diluted)	51	55	55	59	59	53
Shares Change (YoY)	0.09%	1.09%	-7.47%	0.12%	11.89%	16.43%
EPS (Basic)	-0.11	0.02	-0.20	-0.01	0.20	0.07
EPS (Diluted)	-0.11	0.02	-0.20	-0.01	0.20	0.07
EPS Growth	-	-	-	-	185.71%	-
Free Cash Flow	-0.19	8.44	-2.26	1.69	19.3	18.64
Free Cash Flow Per Share	-0.00	0.15	-0.04	0.03	0.33	0.35
Gross Margin	42.93%	46.63%	47.73%	50.22%	52.09%	51.56%
Operating Margin	-6.47%	-3.58%	-9.01%	-4.15%	8.67%	6.66%
Profit Margin	-3.78%	0.62%	-8.70%	-0.62%	9.63%	3.52%
Free Cash Flow Margin	-0.12%	6.01%	-1.79%	1.40%	15.82%	17.77%
EBITDA	-8.89	-4.3	-11.22	-4.52	11.15	9.36
EBITDA Margin	-5.91%	-3.06%	-8.88%	-3.74%	9.13%	8.92%
D&A For EBITDA	0.85	0.73	0.16	0.51	0.56	2.37
EBIT	-9.73	-5.03	-11.38	-5.03	10.58	6.99
EBIT Margin	-6.47%	-3.58%	-9.01%	-4.15%	8.67%	6.66%
Effective Tax Rate	-	53.26%	-	462.50%	8.92%	28.87%
Revenue as Reported	-	-	-	121.04	122.03	104.89
Advertising Expenses	-	1.43	2.5	1.47	-	-

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