Magellan Aerospace Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,007	942.37	879.62	764.58	688.36	744.41
Revenue Growth (YoY)	8.84%	7.13%	15.05%	11.07%	-7.53%	-26.75%
Cost of Revenue	875	834.48	789.47	728.8	647.15	670.01
Gross Profit	132.06	107.89	90.15	35.78	41.21	74.4
Selling, General & Admin	59.97	53.36	54.01	45.79	42.08	50.48
Amortization of Goodwill & Intangibles	-	-	-	-	3.01	2.94
Operating Expenses	63.54	56.94	57.3	48.69	45.1	53.42
Operating Income	68.52	50.95	32.85	-12.91	-3.89	20.98
Interest Expense	-2.2	-4.18	-3.69	-2.84	-2.9	-4.36
Currency Exchange Gain (Loss)	-4.97	2.68	-4.87	2.25	2.55	-1.14
Other Non Operating Income (Expenses)	-0.84	-1.45	-0.47	-0.47	0.36	0.17
EBT Excluding Unusual Items	60.51	48	23.82	-13.97	-3.88	15.66
Merger & Restructuring Charges	-	-	-1.74	-3.9	-2.18	-12.54
Impairment of Goodwill	-	-	-	-	-	-12.05
Gain (Loss) on Sale of Assets	0.01	-0.22	0	-0.02	0.27	-0.12
Asset Writedown	-	-	-1.16	-0.71	-	-
Other Unusual Items	-	-	-	-	7.66	23.44
Pretax Income	60.52	47.79	20.93	-18.6	1.87	14.39
Income Tax Expense	15.77	12.3	11.69	3.09	2.85	11.08
Net Income	44.75	35.49	9.25	-21.69	-0.98	3.31
Net Income to Common	44.75	35.49	9.25	-21.69	-0.98	3.31
Net Income Growth	131.41%	283.76%	-	-	-	-95.08%
Shares Outstanding (Basic)	57	57	57	58	58	58
Shares Outstanding (Diluted)	57	57	57	58	58	58
Shares Change (YoY)	-0.11%	-0.34%	-0.49%	-0.16%	-0.56%	-0.26%
EPS (Basic)	0.78	0.62	0.16	-0.38	-0.02	0.06
EPS (Diluted)	0.78	0.62	0.16	-0.38	-0.02	0.06
EPS Growth	132.27%	287.50%	-	-	-	-95.07%
Free Cash Flow	55.22	63.19	-36.47	35.05	-5.15	81.4
Free Cash Flow Per Share	0.97	1.10	-0.64	0.61	-0.09	1.40
Dividend Per Share	0.150	0.100	0.100	0.260	0.420	0.420
Dividend Growth	50.00%	-	-61.54%	-38.09%	-	3.70%
Gross Margin	13.11%	11.45%	10.25%	4.68%	5.99%	9.99%
Operating Margin	6.80%	5.41%	3.74%	-1.69%	-0.56%	2.82%
Profit Margin	4.44%	3.77%	1.05%	-2.84%	-0.14%	0.45%
Free Cash Flow Margin	5.48%	6.71%	-4.15%	4.58%	-0.75%	10.93%
EBITDA	109.54	89.7	73.58	27.1	38.71	64.63
EBITDA Margin	10.88%	9.52%	8.37%	3.54%	5.62%	8.68%
D&A For EBITDA	41.02	38.75	40.73	40.01	42.6	43.65
EBIT	68.52	50.95	32.85	-12.91	-3.89	20.98
EBIT Margin	6.80%	5.41%	3.74%	-1.69%	-0.56%	2.82%
Effective Tax Rate	26.06%	25.74%	55.83%	-	152.27%	76.98%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.