TSX:POW Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Premiums Earned	22,030	21,214	20,402	19,632	105,582	85,998
Investment Income	9,752	8,786	13,090	-16,588	10,492	24,292
Net Gains on Investments	358	910	-4,430	14,679	-	-
Total Other Revenues	12,996	11,804	10,167	9,267	11,524	9,471
Revenue	45,136	42,714	39,229	26,990	69,561	64,616
Revenue Growth (YoY)	42.43%	8.88%	45.35%	-61.20%	7.65%	32.30%
Insurance Benefits & Claims	16,981	16,368	15,777	15,272	149,444	143,961
Policy Amortization Costs	-	-	-	-	3,910	3,439
Other Operating Expenses	15,456	14,061	12,758	11,214	10,170	8,694
Operating Income	12,699	12,285	10,694	504	-93,963	-91,478
Interest Expense	-842	-812	-766	-672	-599	-555
Other Non-Operating Income (Expense)	650	376	615	-34	729	170
Total Non-Operating Income (Expense)	-192	-436	-151	-706	130	-385
Pretax Income	5,748	5,530	3,922	4,354	5,316	3,611
Provision for Income Taxes	811	929	263	646	643	77
Net Income	3,097	2,743	2,195	2,195	2,917	1,994
Minority Interest in Earnings	1,788	1,735	1,288	1,429	1,704	1,488
Net Income Attributable to Preferred Dividends	52	52	52	52	52	52
Earnings From Discontinued Operations	-	-71	-124	-32	-	-
Net Income to Common	3,097	2,743	2,195	2,195	2,917	1,994
Net Income Growth	39.76%	24.97%	-	-24.75%	46.29%	79.96%
Shares Outstanding (Basic)	643	648	662	671	677	647
Shares Outstanding (Diluted)	643	648	662	682	682	647
Shares Change (YoY)	-1.17%	-2.10%	-2.89%	0.01%	5.28%	47.84%
EPS (Basic)	4.81	4.31	3.45	3.27	4.31	3.08
EPS (Diluted)	4.81	4.31	3.45	3.22	4.27	3.08
EPS Growth	37.43%	24.93%	7.14%	-24.59%	38.64%	21.74%
Free Cash Flow	5,301	5,078	4,637	3,450	9,517	9,232
Free Cash Flow Growth	4.39%	9.51%	34.41%	-63.75%	3.09%	60.45%
Free Cash Flow Per Share	8.24	7.84	7.00	-	13.96	-
Dividends Per Share	2.350	2.212	2.070	1.980	1.790	1.748
Dividend Growth	6.21%	6.88%	4.54%	10.62%	2.43%	9.42%
Operating Margin	28.13%	28.76%	27.26%	1.87%	-135.08%	-141.57%
Profit Margin	10.94%	10.61%	9.01%	13.62%	6.72%	5.47%
FCF Margin	11.74%	11.89%	11.82%	12.78%	13.68%	14.29%
EBITDA	12,699	12,285	10,694	504	-93,963	-91,478
EBIT	12,699	12,285	10,694	504	-93,963	-91,478
EBIT Margin	28.13%	28.76%	27.26%	1.87%	-135.08%	-141.57%
Effective Tax Rate	14.11%	16.80%	6.71%	14.84%	12.10%	2.13%

Updated Sep 30, 2025. Data Source: Fiscal.ai. insurance template. Financial Sources.