Major Drilling Group International Inc. (TSX:MDI)

TSX:MDI Income Statement

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

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

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