Labrador Iron Ore Royalty Corporation (TSX:LIF)

Labrador Iron Ore Royalty Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	165.74	165.88	207.51	200.17	232.32	279.47
Revenue Growth (YoY)	-11.36%	-20.06%	3.67%	-13.84%	-16.87%	38.40%
Gross Profit	165.74	165.88	207.51	200.17	232.32	279.47
Selling, General & Admin	2.9	3.04	3.06	3.05	3.09	3
Depreciation & Amortization Expenses	6	6.17	6.26	6.02	6.42	6.17
Other Operating Expenses	32.84	32.87	41.17	39.71	46.14	55.56
Total Operating Expenses	41.74	42.08	50.49	48.78	55.66	64.73
Operating Income	124.01	123.8	157.02	151.38	176.66	214.73
Interest Income	0.5	0.65	1.5	1.13	0.54	0.26
Other Non-Operating Income (Expense)	6.16	15.86	60.64	84.68	154.1	229.59
Total Non-Operating Income (Expense)	6.66	16.51	62.14	85.82	154.64	229.85
Pretax Income	130.67	140.31	219.16	237.2	331.31	444.58
Provision for Income Taxes	38.31	39.72	44.12	50.89	65.86	64.81
Net Income	92.36	100.58	175.04	186.31	265.45	379.77
Net Income to Common	92.36	100.58	175.04	186.31	265.45	379.77
Net Income Growth	-32.65%	-42.54%	-6.05%	-29.82%	-30.10%	67.16%
Shares Outstanding (Basic)	64	64	64	64	64	64
Shares Outstanding (Diluted)	64	64	64	64	64	64
Shares Change (YoY)	-0.46%	-	-	-	-	-
EPS (Basic)	1.45	1.57	2.73	2.91	4.15	5.93
EPS (Diluted)	1.45	1.57	2.73	2.91	4.15	5.93
EPS Growth	-31.92%	-42.49%	-6.19%	-29.88%	-30.02%	67.04%
Shares Outstanding	64	64	64	64	64	64
Free Cash Flow	95.45	97.07	201.91	152.49	184.19	402.42
Free Cash Flow Growth	-1.66%	-51.92%	32.41%	-17.21%	-54.23%	129.39%
Free Cash Flow Per Share	1.50	1.52	3.15	2.38	2.88	6.29
Dividends Per Share	1.350	1.550	3.000	2.550	3.100	6.000
Dividend Growth	-12.90%	-48.33%	17.65%	-17.74%	-48.33%	135.29%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	74.82%	74.63%	75.67%	75.63%	76.04%	76.84%
Profit Margin	55.72%	60.64%	84.35%	93.08%	114.26%	135.89%
FCF Margin	57.59%	58.52%	97.30%	76.18%	79.28%	144.00%
EBITDA	130	129.98	163.28	157.4	183.09	220.9
EBITDA Margin	78.44%	78.35%	78.69%	78.63%	78.81%	79.04%
EBIT	124.01	123.8	157.02	151.38	176.66	214.73
EBIT Margin	74.82%	74.63%	75.67%	75.63%	76.04%	76.84%
Effective Tax Rate	29.32%	28.31%	20.13%	21.46%	19.88%	14.58%

Updated May 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.