Pizza Pizza Royalty Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Revenue	40.01	40.79	39.81	40.22	36.43	31.92
Revenue Growth	-1.33%	2.47%	-1.02%	10.41%	14.12%	0.41%
Gross Profit	40.01	40.79	39.81	40.22	36.43	31.92
Selling, General & Admin	0.67	0.83	0.72	0.64	0.63	0.56
Operating Expenses	0.67	0.83	0.72	0.64	0.63	0.56
Operating Income	39.35	39.96	39.09	39.58	35.8	31.36
Interest Expense	-1.76	-1.6	-1.29	-1.28	-1.32	-1.36
Interest & Investment Income	0.1	0.2	0.39	0.38	0.08	-
EBT Excluding Unusual Items	37.68	38.56	38.19	38.67	34.56	30.01
Pretax Income	37.68	38.56	38.19	38.67	34.56	30.01
Income Tax Expense	7.01	7.23	7.22	7.7	7.01	6.08
Net Income	30.67	31.34	30.97	30.98	27.55	23.92
Net Income to Common	30.67	31.34	30.97	30.98	27.55	23.92
Net Income Growth	-1.82%	1.18%	-0.02%	12.44%	15.16%	-2.25%
Shares Outstanding (Basic)	34	33	33	32	32	32
Shares Outstanding (Diluted)	34	33	33	32	32	32
Shares Change	1.35%	1.35%	1.77%	0.50%	-	-
EPS (Basic)	0.91	0.94	0.94	0.96	0.86	0.74
EPS (Diluted)	0.91	0.94	0.94	0.96	0.86	0.74
EPS Growth	-3.13%	-0.17%	-1.75%	11.88%	15.16%	-2.25%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Dividend Per Share	0.880	0.930	0.930	0.887	0.797	0.685
Dividend Growth	-5.38%	0%	4.79%	11.29%	16.42%	1.65%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	98.34%	97.97%	98.20%	98.40%	98.27%	98.25%
Profit Margin	76.64%	76.83%	77.80%	77.02%	75.63%	74.95%
EBIT	39.35	39.96	39.09	39.58	35.8	31.36
EBIT Margin	98.34%	97.97%	98.20%	98.40%	98.27%	98.25%
Effective Tax Rate	18.61%	18.74%	18.90%	19.90%	20.27%	20.27%