TSX:PEY Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	1,056	846.7	935.8	1,464	838.89
Other Revenue	14.97	10.39	9.72	10.26	1.54
Revenue	1,071	857.09	945.51	1,474	840.43
Revenue Growth (YoY)	25.00%	-9.35%	-35.85%	75.38%	122.20%
Cost of Revenue	260.47	274.37	199.57	234.7	110.51
Gross Profit	810.85	582.72	745.94	1,239	729.92
Selling, General & Admin	34.64	29.41	13.87	10.81	13.9
Other Operating Expenses	-235.41	-305.4	-55.96	346.67	196.65
Operating Expenses	201.45	115.81	289.2	671.76	479.81
Operating Income	609.4	466.91	456.74	567.48	250.11
Interest Expense	-71.28	-94.19	-57.32	-47.04	-59.02
Currency Exchange Gain (Loss)	1.26	-4.18	-0.12	-2.11	-1.18
Other Non Operating Income (Expenses)	-3.56	-3.47	-8.32	-	-
EBT Excluding Unusual Items	535.82	365.08	390.99	518.33	189.91
Merger & Restructuring Charges	-	-	-6.18	-	-
Gain (Loss) on Sale of Assets	-	-	-	-1.25	1.51
Pretax Income	535.82	365.08	384.81	517.08	191.42
Income Tax Expense	117.24	84.51	92.17	126.42	39.18
Net Income	418.59	280.57	292.64	390.66	152.25
Net Income to Common	418.59	280.57	292.64	390.66	152.25
Net Income Growth	49.19%	-4.12%	-25.09%	156.60%	-
Shares Outstanding (Basic)	201	196	179	171	166
Shares Outstanding (Diluted)	203	197	180	175	170
Shares Change (YoY)	3.07%	9.30%	3.01%	2.88%	3.18%
EPS (Basic)	2.09	1.43	1.64	2.29	0.92
EPS (Diluted)	2.06	1.42	1.62	2.23	0.89
EPS Growth	45.07%	-12.35%	-27.35%	150.56%	-
Free Cash Flow	384.21	215.87	233.84	338.58	128.93
Free Cash Flow Per Share	1.89	1.09	1.30	1.93	0.76
Dividend Per Share	1.320	1.320	1.320	0.600	0.130
Dividend Growth	-	-	120.00%	361.54%	44.44%
Gross Margin	75.69%	67.99%	78.89%	84.08%	86.85%
Operating Margin	56.88%	54.48%	48.31%	38.50%	29.76%
Profit Margin	39.07%	32.73%	30.95%	26.51%	18.12%
Free Cash Flow Margin	35.86%	25.19%	24.73%	22.97%	15.34%
EBITDA	1,010	854.06	778.1	876.3	517.33
EBITDA Margin	94.30%	99.65%	82.29%	59.45%	61.56%
D&A For EBITDA	400.86	387.15	321.36	308.81	267.23
EBIT	609.4	466.91	456.74	567.48	250.11
EBIT Margin	56.88%	54.48%	48.31%	38.50%	29.76%
Effective Tax Rate	21.88%	23.15%	23.95%	24.45%	20.46%
Revenue as Reported	1,320	1,172	1,007	1,134	647.71

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