TSX:INO.UN 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
Property Revenue	23.6	23.74	30.87	30.9	34.17	35.71
Service and Other Revenue	-0.75	0.37	2.7	0.24	0.29	0.06
Revenue	22.85	24.11	33.57	31.14	34.46	35.77
Revenue Growth (YoY)	-7.50%	-28.17%	7.78%	-9.62%	-3.66%	5.39%
Property Expenses	9.51	10.15	10.05	9.42	9.59	8.89
Total Property Expenses	1.47	0.18	0.3	0.1	0.68	0.28
Gross Profit	21.38	23.93	33.27	31.05	33.78	35.49
Selling, General & Admin	5.19	5.99	6.41	6.97	8.39	7.86
Other Operating Expenses	-	-	-	0.36	3.35	-
Operating Income	16.19	17.94	26.87	23.71	22.04	27.63
Net Gains on Disposal of Properties	-0.17	-	-	-0.95	-4.24	-
Interest Income	-0.97	-2.63	-9.94	3.12	1.64	0.1
Interest Expense	-9.36	-10.34	-7.01	-5.77	-7.49	-9.97
Other Non-Operating Income (Expense)	-32.28	-66.06	-30.15	-50.46	28.53	9.46
Total Non-Operating Income (Expense)	-42.77	-79.02	-47.09	-54.05	18.44	-0.42
Pretax Income	-36.09	-71.24	-30.28	-39.76	30.89	18.32
Provision for Income Taxes	0.62	1.42	0.79	3.16	15.59	8.09
Net Income	-35.14	-69.13	-29.69	-36.85	30.33	18.2
Minority Interest in Earnings	-0.61	-0.9	-0.26	-0.12	-0.03	0.02
Net Income Attributable to Preferred Dividends	-	-	0.39	0.65	1.24	0.83
Net Income to Common	-35.14	-69.13	-29.69	-36.85	30.33	18.2
Net Income Growth	-	-	-	-	66.70%	-50.08%
Shares Outstanding (Basic)	33	33	33	33	65	32
Shares Outstanding (Diluted)	33	33	33	33	65	32
Shares Change (YoY)	1.94%	0.91%	-0.28%	-49.21%	99.19%	12.73%
EPS (Basic)	-1.06	-2.10	-0.91	0.51	0.47	0.56
EPS (Diluted)	-1.06	-2.10	-0.91	0.51	0.47	0.56
EPS Growth	-	-	-	8.51%	-16.31%	-55.72%
Free Cash Flow	-2.94	0.18	3.41	-80.36	-8.87	-9.74
Free Cash Flow Growth	-	-94.60%	-	-	-	-
Free Cash Flow Per Share	-	0.01	0.10	-	-	-
Dividends Per Share	-	-	0.378	0.688	0.825	0.825
Dividend Growth	-	-	-45.00%	-16.67%	-	-
Gross Margin	93.55%	99.25%	99.12%	99.69%	98.02%	99.22%
Operating Margin	70.83%	74.40%	80.04%	76.14%	63.95%	77.24%
Profit Margin	-156.45%	-290.48%	-89.24%	-118.73%	87.93%	50.92%
FCF Margin	-12.85%	0.76%	10.16%	-258.04%	-25.75%	-27.24%
EBITDA	16.19	17.94	26.87	23.71	22.04	27.63
EBIT	16.19	17.94	26.87	23.71	22.04	27.63
EBIT Margin	70.83%	74.40%	80.04%	76.14%	63.95%	77.24%
Effective Tax Rate	-1.73%	-1.99%	-2.60%	-7.95%	50.46%	44.15%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.