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	Jul 31, 2025	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Revenue	764.16	727.58	706.69	735.74	650.42	432.08
Revenue Growth (YoY)	9.50%	2.96%	-3.95%	13.12%	50.53%	5.61%
Cost of Revenue	633.44	597.04	553.97	558.84	510.64	367.99
Gross Profit	130.72	130.54	152.72	176.9	139.77	64.09
Selling, General & Admin	81.93	78.8	67.85	64.96	57.04	47.08
Other Operating Expenses	9.27	8.94	10.05	12.85	10.94	3.81
Operating Expenses	96.24	91.52	79.22	78.32	68.36	51.19
Operating Income	34.48	39.03	73.5	98.59	71.42	12.9
Interest Expense	-1.78	-0.48	-	-	-1.63	-1.17
Interest & Investment Income	-	-	2.2	-	-	-
Currency Exchange Gain (Loss)	-2.63	-1.91	-5.53	-2.76	-1.4	1.47
Other Non Operating Income (Expenses)	-	-	-	0.83	-	-
EBT Excluding Unusual Items	30.07	36.63	70.17	96.66	68.39	13.19
Merger & Restructuring Charges	-	-	-	-	-0.45	-
Gain (Loss) on Sale of Assets	0.4	0.67	0.84	0.91	0.55	0.39
Pretax Income	30.47	37.3	71.01	97.57	68.48	13.59
Income Tax Expense	10.32	11.35	17.93	22.65	15.03	3.55
Net Income	20.16	25.96	53.09	74.92	53.46	10.03
Net Income to Common	20.16	25.96	53.09	74.92	53.46	10.03
Net Income Growth	-57.28%	-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)	-0.27%	-0.65%	-0.84%	0.62%	2.43%	0.37%
EPS (Basic)	0.25	0.32	0.64	0.90	0.65	0.12
EPS (Diluted)	0.25	0.32	0.64	0.90	0.65	0.12
EPS Growth	-56.69%	-50.44%	-28.89%	38.48%	441.60%	-
Free Cash Flow	25.78	28.4	38.5	54.5	44.93	3.15
Free Cash Flow Per Share	0.31	0.35	0.47	0.66	0.54	0.04
Gross Margin	17.11%	17.94%	21.61%	24.04%	21.49%	14.83%
Operating Margin	4.51%	5.36%	10.40%	13.40%	10.98%	2.98%
Profit Margin	2.64%	3.57%	7.51%	10.18%	8.22%	2.32%
Free Cash Flow Margin	3.37%	3.90%	5.45%	7.41%	6.91%	0.73%
EBITDA	98.92	100.14	123.44	144.36	113.72	50.85
EBITDA Margin	12.95%	13.76%	17.47%	19.62%	17.48%	11.77%
D&A For EBITDA	64.44	61.11	49.94	45.78	42.3	37.95
EBIT	34.48	39.03	73.5	98.59	71.42	12.9
EBIT Margin	4.51%	5.36%	10.40%	13.40%	10.98%	2.98%
Effective Tax Rate	33.86%	30.42%	25.25%	23.21%	21.94%	26.15%

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