Major Drilling Group International Inc. (TSX:MDI)

TSX:MDI Income Statement

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

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Apr 30, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022
Revenue	889.08	727.58	706.69	735.74	650.42
Revenue Growth	22.20%	2.96%	-3.95%	13.12%	50.53%
Cost of Revenue	749.96	597.04	553.97	558.84	510.64
Gross Profit	139.12	130.54	152.72	176.9	139.77
Selling, General & Admin	85.81	78.8	67.85	64.96	57.04
Amortization of Goodwill & Intangibles	6.25	3.68	1.05	-	-
Other Operating Expenses	9.89	6.08	10.05	12.85	10.94
Operating Expenses	105.42	91.52	79.22	78.32	68.36
Operating Income	33.71	39.03	73.5	98.59	71.42
Interest Expense	-1.65	-0.48	-	-	-1.63
Interest & Investment Income	-	-	2.2	-	-
Currency Exchange Gain (Loss)	-0.1	-1.91	-5.53	-2.76	-1.4
Other Non Operating Income (Expenses)	-	-	-	0.83	-
EBT Excluding Unusual Items	31.96	36.63	70.17	96.66	68.39
Merger & Restructuring Charges	-	-	-	-	-0.45
Gain (Loss) on Sale of Assets	-0.16	0.67	0.84	0.91	0.55
Pretax Income	31.8	37.3	71.01	97.57	68.48
Income Tax Expense	10.42	11.35	17.93	22.65	15.03
Net Income	21.38	25.96	53.09	74.92	53.46
Net Income to Common	21.38	25.96	53.09	74.92	53.46
Net Income Growth	-17.62%	-51.11%	-29.15%	40.15%	432.78%
Shares Outstanding (Basic)	82	82	82	83	82
Shares Outstanding (Diluted)	82	82	83	83	83
Shares Change	0.23%	-0.65%	-0.84%	0.62%	2.43%
EPS (Basic)	0.26	0.32	0.64	0.90	0.65
EPS (Diluted)	0.26	0.32	0.64	0.90	0.65
EPS Growth	-18.02%	-50.44%	-28.89%	38.48%	441.60%

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Apr 30, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022
Free Cash Flow	20.81	28.4	38.5	54.5	44.93
Free Cash Flow Per Share	0.25	0.35	0.47	0.66	0.54
Gross Margin	15.65%	17.94%	21.61%	24.04%	21.49%
Operating Margin	3.79%	5.36%	10.40%	13.40%	10.98%
Profit Margin	2.40%	3.57%	7.51%	10.18%	8.22%
Free Cash Flow Margin	2.34%	3.90%	5.45%	7.41%	6.91%
EBITDA	100.71	100.14	123.44	144.36	113.72
EBITDA Margin	11.33%	13.76%	17.47%	19.62%	17.48%
D&A For EBITDA	67.01	61.11	49.94	45.78	42.3
EBIT	33.71	39.03	73.5	98.59	71.42
EBIT Margin	3.79%	5.36%	10.40%	13.40%	10.98%
Effective Tax Rate	32.76%	30.42%	25.25%	23.21%	21.94%

Data Source: S&P Global Market Intelligence Last updated: Apr 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 26, 2026

Data Sources Report a data error