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	Jan 31, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Revenue	842.94	727.58	706.69	735.74	650.42	432.08
Revenue Growth (YoY)	19.05%	2.96%	-3.95%	13.12%	50.53%	5.61%
Cost of Revenue	712.19	597.04	553.97	558.84	510.64	367.99
Gross Profit	130.75	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	6.6	3.68	1.05	-	-	-
Other Operating Expenses	12.36	8.94	10.05	12.85	10.94	3.81
Operating Expenses	104.59	91.52	79.22	78.32	68.36	51.19
Operating Income	26.16	39.03	73.5	98.59	71.42	12.9
Interest Expense	-2.18	-0.48	-	-	-1.63	-1.17
Interest & Investment Income	-	-	2.2	-	-	-
Currency Exchange Gain (Loss)	-0.02	-1.91	-5.53	-2.76	-1.4	1.47
Other Non Operating Income (Expenses)	-	-	-	0.83	-	-
EBT Excluding Unusual Items	23.96	36.63	70.17	96.66	68.39	13.19
Merger & Restructuring Charges	-	-	-	-	-0.45	-
Gain (Loss) on Sale of Assets	-0.61	0.67	0.84	0.91	0.55	0.39
Pretax Income	23.35	37.3	71.01	97.57	68.48	13.59
Income Tax Expense	9.15	11.35	17.93	22.65	15.03	3.55
Net Income	14.2	25.96	53.09	74.92	53.46	10.03
Net Income to Common	14.2	25.96	53.09	74.92	53.46	10.03
Net Income Growth	-59.28%	-51.11%	-29.15%	40.15%	432.78%	-
Shares Outstanding (Basic)	81	82	82	83	82	81
Shares Outstanding (Diluted)	81	82	83	83	83	81
Shares Change (YoY)	-0.67%	-0.65%	-0.84%	0.62%	2.43%	0.37%
EPS (Basic)	0.17	0.32	0.64	0.90	0.65	0.12
EPS (Diluted)	0.17	0.32	0.64	0.90	0.65	0.12
EPS Growth	-59.00%	-50.44%	-28.89%	38.48%	441.60%	-
Free Cash Flow	29.29	28.4	38.5	54.5	44.93	3.15
Free Cash Flow Per Share	0.36	0.35	0.47	0.66	0.54	0.04
Gross Margin	15.51%	17.94%	21.61%	24.04%	21.49%	14.83%
Operating Margin	3.10%	5.36%	10.40%	13.40%	10.98%	2.98%
Profit Margin	1.68%	3.57%	7.51%	10.18%	8.22%	2.32%
Free Cash Flow Margin	3.47%	3.90%	5.45%	7.41%	6.91%	0.73%
EBITDA	93.59	100.14	123.44	144.36	113.72	50.85
EBITDA Margin	11.10%	13.76%	17.47%	19.62%	17.48%	11.77%
D&A For EBITDA	67.44	61.11	49.94	45.78	42.3	37.95
EBIT	26.16	39.03	73.5	98.59	71.42	12.9
EBIT Margin	3.10%	5.36%	10.40%	13.40%	10.98%	2.98%
Effective Tax Rate	39.20%	30.42%	25.25%	23.21%	21.94%	26.15%

Updated Jan 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.