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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	149.62	165.88	207.51	200.17	232.32	279.47
Revenue Growth	-18.21%	-20.06%	3.67%	-13.84%	-16.87%	38.40%
Cost of Revenue	5.68	6.17	6.26	6.02	6.42	6.17
Gross Profit	143.95	159.71	201.25	194.15	225.9	273.3
Selling, General & Admin	2.83	3.04	3.06	3.05	3.09	3
Other Operating Expenses	29.65	32.87	41.17	39.71	46.14	55.56
Operating Expenses	32.47	35.91	44.23	42.77	49.24	58.56
Operating Income	111.47	123.8	157.02	151.38	176.66	214.73
Interest & Investment Income	0.49	0.65	1.5	1.13	0.54	0.26
Earnings From Equity Investments	-8.42	15.86	60.64	84.68	154.1	229.59
Pretax Income	103.55	140.31	219.16	237.2	331.31	444.58
Income Tax Expense	32.39	39.72	44.12	50.89	65.86	64.81
Net Income	71.16	100.58	175.04	186.31	265.45	379.77
Net Income to Common	71.16	100.58	175.04	186.31	265.45	379.77
Net Income Growth	-35.49%	-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	-1.37%	-0.18%	0.15%	0.03%	-	-
EPS (Basic)	1.12	1.57	2.73	2.91	4.15	5.93
EPS (Diluted)	1.12	1.57	2.73	2.91	4.15	5.93
EPS Growth	-34.59%	-42.43%	-6.19%	-29.84%	-30.10%	67.16%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share	1.250	1.550	3.000	2.550	3.100	6.000
Dividend Growth	-35.90%	-48.33%	17.65%	-17.74%	-48.33%	135.29%
Gross Margin	96.21%	96.28%	96.98%	96.99%	97.23%	97.79%
Operating Margin	74.50%	74.63%	75.67%	75.63%	76.04%	76.84%
Profit Margin	47.56%	60.64%	84.35%	93.08%	114.26%	135.89%
EBIT	111.47	123.8	157.02	151.38	176.66	214.73
EBIT Margin	74.50%	74.63%	75.67%	75.63%	76.04%	76.84%
Effective Tax Rate	31.28%	28.31%	20.13%	21.45%	19.88%	14.58%
Revenue as Reported	150.12	166.53	209	201.3	232.86	279.73

Data Source: S&P Global Market Intelligence Last updated: Nov 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 10, 2026

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