Major Drilling Group International Inc. (TSX:MDI)

TSX:MDI Income Statement

Financials in millions CAD. Fiscal year is May - April.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Revenue	819.03	727.58	706.69	735.74	650.42	432.08
Revenue Growth (YoY)	20.42%	2.96%	-3.95%	13.12%	50.53%	5.61%
Cost of Revenue	683.93	597.04	553.97	558.84	510.64	367.99
Gross Profit	135.11	130.54	152.72	176.9	139.77	64.09
Selling, General & Admin	85.53	78.8	67.85	64.96	57.04	47.08
Amortization of Goodwill & Intangibles	6.19	3.68	1.05	-	-	-
Other Operating Expenses	11.73	8.94	10.05	12.85	10.94	3.81
Operating Expenses	103.55	91.52	79.22	78.32	68.36	51.19
Operating Income	31.56	39.03	73.5	98.59	71.42	12.9
Interest Expense	-2.92	-0.48	-	-	-1.63	-1.17
Interest & Investment Income	-	-	2.2	-	-	-
Currency Exchange Gain (Loss)	-2.67	-1.91	-5.53	-2.76	-1.4	1.47
Other Non Operating Income (Expenses)	-	-	-	0.83	-	-
EBT Excluding Unusual Items	25.97	36.63	70.17	96.66	68.39	13.19
Merger & Restructuring Charges	-	-	-	-	-0.45	-
Gain (Loss) on Sale of Assets	-0.58	0.67	0.84	0.91	0.55	0.39
Pretax Income	25.39	37.3	71.01	97.57	68.48	13.59
Income Tax Expense	9.45	11.35	17.93	22.65	15.03	3.55
Net Income	15.94	25.96	53.09	74.92	53.46	10.03
Net Income to Common	15.94	25.96	53.09	74.92	53.46	10.03
Net Income Growth	-61.74%	-51.11%	-29.15%	40.15%	432.78%	-
Shares Outstanding (Basic)	82	82	82	83	82	81
Shares Outstanding (Diluted)	82	82	83	83	83	81
Shares Change (YoY)	0.01%	-0.65%	-0.84%	0.62%	2.43%	0.37%
EPS (Basic)	0.19	0.32	0.64	0.90	0.65	0.12
EPS (Diluted)	0.19	0.32	0.64	0.90	0.65	0.12
EPS Growth	-62.51%	-50.44%	-28.89%	38.48%	441.60%	-
Free Cash Flow	20.07	28.4	38.5	54.5	44.93	3.15
Free Cash Flow Per Share	0.24	0.35	0.47	0.66	0.54	0.04
Gross Margin	16.50%	17.94%	21.61%	24.04%	21.49%	14.83%
Operating Margin	3.85%	5.36%	10.40%	13.40%	10.98%	2.98%
Profit Margin	1.95%	3.57%	7.51%	10.18%	8.22%	2.32%
Free Cash Flow Margin	2.45%	3.90%	5.45%	7.41%	6.91%	0.73%
EBITDA	98.9	100.14	123.44	144.36	113.72	50.85
EBITDA Margin	12.07%	13.76%	17.47%	19.62%	17.48%	11.77%
D&A For EBITDA	67.35	61.11	49.94	45.78	42.3	37.95
EBIT	31.56	39.03	73.5	98.59	71.42	12.9
EBIT Margin	3.85%	5.36%	10.40%	13.40%	10.98%	2.98%
Effective Tax Rate	37.22%	30.42%	25.25%	23.21%	21.94%	26.15%

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.