The North West Company Income Statement

Financials in millions CAD. Fiscal year is February - January.

Millions CAD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct '25 Oct 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Revenue	2,598	2,576	2,472	2,353	2,249	2,359
Revenue Growth (YoY)	2.08%	4.23%	5.05%	4.62%	-4.68%	12.65%
Cost of Revenue	1,712	1,708	1,662	1,605	1,511	1,585
Gross Profit	885.84	868.32	809.42	747.92	737.75	774.55
Selling, General & Admin	670.91	658.78	613.52	567.61	517.33	565.2
Total Operating Expenses	670.91	658.78	613.52	567.61	517.33	565.2
Operating Income	214.94	209.55	195.9	180.31	220.43	209.35
Interest Expense	-17.46	-18.3	-19.05	-14.84	-13.06	-16.81
Total Non-Operating Income (Expense)	-17.46	-18.3	-19.05	-14.84	-13.06	-16.81
Pretax Income	197.48	191.25	176.85	165.47	207.37	192.54
Provision for Income Taxes	48.26	47.99	42.56	39.63	49.92	48.98
Net Income	143.1	137.3	129.39	122.19	154.8	139.87
Minority Interest in Earnings	6.13	5.96	4.9	3.65	2.65	3.69
Net Income to Common	143.1	137.3	129.39	122.19	154.8	139.87
Net Income Growth	9.49%	6.11%	5.89%	-21.07%	10.67%	69.08%
Shares Outstanding (Basic)	48	48	48	48	48	49
Shares Outstanding (Diluted)	49	49	48	49	49	50
Shares Change (YoY)	0.53%	0.26%	-0.45%	-0.78%	-0.99%	100205.82%
EPS (Basic)	2.99	2.87	2.71	2.55	3.21	2.87
EPS (Diluted)	2.94	2.83	2.67	2.51	3.16	2.82
EPS Growth	9.29%	5.99%	6.38%	-20.57%	12.06%	67.86%
Free Cash Flow	127.03	120.42	116.23	70.26	136.79	267.83
Free Cash Flow Growth	5.50%	3.60%	65.43%	-48.64%	-48.93%	437.69%
Free Cash Flow Per Share	2.61	2.48	2.40	1.44	2.79	5.41
Dividends Per Share	1.610	1.580	1.540	1.500	1.460	1.380
Dividend Growth	1.90%	2.60%	2.67%	2.74%	5.80%	4.54%
Gross Margin	34.10%	33.70%	32.75%	31.79%	32.81%	32.83%
Operating Margin	8.27%	8.13%	7.93%	7.66%	9.80%	8.87%
Profit Margin	5.74%	5.56%	5.43%	5.35%	7.00%	6.09%
FCF Margin	4.89%	4.67%	4.70%	2.99%	6.08%	11.35%
EBITDA	334.5	325.17	301.17	278.68	311.38	301.43
EBITDA Margin	12.88%	12.62%	12.18%	11.84%	13.85%	12.78%
EBIT	214.94	209.55	195.9	180.31	220.43	209.35
EBIT Margin	8.27%	8.13%	7.93%	7.66%	9.80%	8.87%
Effective Tax Rate	24.44%	25.09%	24.06%	23.95%	24.07%	25.44%

Updated Oct 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.