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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	153.03	165.88	207.51	200.17	232.32	279.47
Revenue Growth	-15.44%	-20.06%	3.67%	-13.84%	-16.87%	38.40%
Cost of Revenue	5.66	6.17	6.26	6.02	6.42	6.17
Gross Profit	147.37	159.71	201.25	194.15	225.9	273.3
Selling, General & Admin	2.87	3.04	3.06	3.05	3.09	3
Other Operating Expenses	30.33	32.87	41.17	39.71	46.14	55.56
Operating Expenses	33.2	35.91	44.23	42.77	49.24	58.56
Operating Income	114.17	123.8	157.02	151.38	176.66	214.73
Interest & Investment Income	0.51	0.65	1.5	1.13	0.54	0.26
Earnings From Equity Investments	-3.66	15.86	60.64	84.68	154.1	229.59
Pretax Income	111.01	140.31	219.16	237.2	331.31	444.58
Income Tax Expense	33.92	39.72	44.12	50.89	65.86	64.81
Net Income	77.09	100.58	175.04	186.31	265.45	379.77
Net Income to Common	77.09	100.58	175.04	186.31	265.45	379.77
Net Income Growth	-32.07%	-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	0.23%	-0.18%	0.15%	0.03%	-	-
EPS (Basic)	1.20	1.57	2.73	2.91	4.15	5.93
EPS (Diluted)	1.20	1.57	2.73	2.91	4.15	5.93
EPS Growth	-32.22%	-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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share	1.350	1.550	3.000	2.550	3.100	6.000
Dividend Growth	-40.00%	-48.33%	17.65%	-17.74%	-48.33%	135.29%
Gross Margin	96.30%	96.28%	96.98%	96.99%	97.23%	97.79%
Operating Margin	74.61%	74.63%	75.67%	75.63%	76.04%	76.84%
Profit Margin	50.38%	60.64%	84.35%	93.08%	114.26%	135.89%
EBIT	114.17	123.8	157.02	151.38	176.66	214.73
EBIT Margin	74.61%	74.63%	75.67%	75.63%	76.04%	76.84%
Effective Tax Rate	30.56%	28.31%	20.13%	21.45%	19.88%	14.58%
Revenue as Reported	153.53	166.53	209	201.3	232.86	279.73

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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:

Aug 26, 2026

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