Lassonde Industries Inc. (TSX:LAS.A)

Lassonde Industries Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 27, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,904	2,601	2,315	2,151	1,893	1,981
Revenue Growth (YoY)	17.69%	12.35%	7.62%	13.64%	-4.45%	18.03%
Cost of Revenue	2,135	1,903	1,727	1,628	1,371	1,421
Gross Profit	769.46	698.09	587.72	523.35	521.94	559.81
Selling, General & Admin	519.51	471.35	420.88	442.08	403.63	407.79
Amortization of Goodwill & Intangibles	32.71	32.71	23.94	-	-	-
Operating Expenses	561.43	513.28	452.31	442.08	403.63	407.79
Operating Income	208.03	184.81	135.4	81.27	118.32	152.03
Interest Expense	-36.45	-23.79	-16.18	-9.47	-10.33	-16.61
Interest & Investment Income	0.3	0.3	0.2	-	-	0.1
Earnings From Equity Investments	-	-	-2.88	-0.91	-0.76	-0.81
Currency Exchange Gain (Loss)	3.01	3.01	0.64	1.07	-0.18	-
Other Non Operating Income (Expenses)	-1.8	0.71	-0.25	-1.36	-1.07	-0.02
EBT Excluding Unusual Items	173.09	165.04	116.92	70.6	105.97	134.69
Merger & Restructuring Charges	-10.06	-10.06	-	-	-	-0.06
Gain (Loss) on Sale of Assets	-	-	1.91	-	0.04	-0.03
Other Unusual Items	-0.41	-0.41	-	-	-	-
Pretax Income	162.62	154.57	121.51	70.6	106.01	134.59
Income Tax Expense	39.62	41.18	33.25	17.27	27.56	32.72
Earnings From Continuing Operations	123	113.39	88.26	53.33	78.45	101.87
Minority Interest in Earnings	-0.19	0.73	-0.73	0.6	-0.94	-4.06
Net Income	122.81	114.12	87.53	53.94	77.51	97.82
Net Income to Common	122.81	114.12	87.53	53.94	77.51	97.82
Net Income Growth	13.68%	30.38%	62.28%	-30.41%	-20.76%	35.90%
Shares Outstanding (Basic)	7	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7	7
Shares Change (YoY)	-0.03%	-	-0.77%	-0.84%	-0.01%	-0.11%
EPS (Basic)	18.00	16.73	12.83	7.85	11.18	14.11
EPS (Diluted)	18.00	16.73	12.83	7.85	11.18	14.11
EPS Growth	13.71%	30.38%	63.54%	-29.83%	-20.75%	36.06%
Free Cash Flow	-35	127.89	128.98	-17.17	61.96	194.73
Free Cash Flow Per Share	-5.13	18.75	18.91	-2.50	8.94	28.08
Dividend Per Share	4.000	4.000	2.200	2.980	3.290	2.545
Dividend Growth	700.00%	81.82%	-26.17%	-9.42%	29.27%	-1.93%
Gross Margin	26.50%	26.84%	25.39%	24.33%	27.57%	28.26%
Operating Margin	7.16%	7.11%	5.85%	3.78%	6.25%	7.67%
Profit Margin	4.23%	4.39%	3.78%	2.51%	4.09%	4.94%
Free Cash Flow Margin	-1.21%	4.92%	5.57%	-0.80%	3.27%	9.83%
EBITDA	312.89	259.59	193.11	135.16	171.48	209.21
EBITDA Margin	10.77%	9.98%	8.34%	6.28%	9.06%	10.56%
D&A For EBITDA	104.86	74.78	57.7	53.89	53.16	57.19
EBIT	208.03	184.81	135.4	81.27	118.32	152.03
EBIT Margin	7.16%	7.11%	5.85%	3.78%	6.25%	7.67%
Effective Tax Rate	24.36%	26.64%	27.36%	24.46%	26.00%	24.31%

Updated Sep 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.