Magellan Aerospace Corporation (TSX:MAL)

Magellan Aerospace Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,045	942.37	879.62	764.58	688.36
Revenue Growth (YoY)	10.86%	7.13%	15.05%	11.07%	-7.53%
Cost of Revenue	899.88	834.48	790.63	729.52	640.03
Gross Profit	144.81	107.89	88.99	35.07	48.33
Selling, General & Admin	65.46	56.94	57.3	48.69	44.56
Other Operating Expenses	23.33	-1.01	7.07	2.14	-0.99
Total Operating Expenses	88.79	55.92	64.37	50.83	43.57
Operating Income	56.01	51.97	24.62	-15.77	4.76
Interest Expense	-1.91	-4.18	-3.69	-2.84	-2.9
Total Non-Operating Income (Expense)	-1.91	-4.18	-3.69	-2.84	-2.9
Pretax Income	54.11	47.79	20.93	-18.6	1.87
Provision for Income Taxes	14.67	12.3	11.69	3.09	2.85
Net Income	39.44	35.49	9.25	-21.69	-0.98
Net Income to Common	39.44	35.49	9.25	-21.69	-0.98
Net Income Growth	11.14%	283.76%	-	-	-
Shares Outstanding (Basic)	57	57	57	58	58
Shares Outstanding (Diluted)	57	57	57	58	58
Shares Change (YoY)	-0.08%	-0.34%	-0.49%	-0.16%	-0.56%
EPS (Basic)	0.69	0.62	0.16	-0.38	-0.02
EPS (Diluted)	0.69	0.62	0.16	-0.38	-0.02
EPS Growth	11.29%	284.56%	-	-	-
Shares Outstanding	57.08	57.14	57.23	57.45	57.73
Free Cash Flow	27.61	63.19	-36.47	35.05	-5.15
Free Cash Flow Growth	-56.31%	-	-	-	-
Free Cash Flow Per Share	0.48	1.11	-0.64	0.61	-0.09
Dividends Per Share	0.175	0.100	0.100	0.260	0.420
Dividend Growth	75.00%	-	-61.54%	-38.09%	-
Gross Margin	13.86%	11.45%	10.12%	4.59%	7.02%
Operating Margin	5.36%	5.51%	2.80%	-2.06%	0.69%
Profit Margin	3.78%	3.77%	1.05%	-2.84%	-0.14%
FCF Margin	2.64%	6.71%	-4.15%	4.58%	-0.75%
EBITDA	103.56	96.68	71.25	31.64	56.66
EBITDA Margin	9.91%	10.26%	8.10%	4.14%	8.23%
EBIT	56.01	51.97	24.62	-15.77	4.76
EBIT Margin	5.36%	5.51%	2.80%	-2.06%	0.69%
Effective Tax Rate	27.11%	25.74%	55.83%	-16.60%	152.27%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.