Richards Group 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	Mar '26 Mar 31, 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	435.2	430.18	407.78	425.93	446.9	451.44
Revenue Growth (YoY)	5.99%	5.49%	-4.26%	-4.69%	-1.01%	-7.73%
Cost of Revenue	251.2	251.4	245.96	347.82	367.65	363.05
Gross Profit	184	178.78	161.83	78.11	79.25	88.39
Selling, General & Admin	121.36	119.88	97.45	22.37	21.74	21.47
Operating Expenses	140.22	138.78	110.48	22.37	21.74	21.47
Operating Income	43.78	40	51.35	55.74	57.51	66.92
Interest Expense	-6.05	-5	-1.83	-4.51	-3.94	-2.33
Earnings From Equity Investments	0	0.02	-0.09	-0.11	0.13	0.11
Currency Exchange Gain (Loss)	-0.89	-0.06	-	-	-	-
Other Non Operating Income (Expenses)	-3.13	-2.19	1.34	2.88	7.29	3.1
EBT Excluding Unusual Items	33.72	32.78	50.76	54.01	60.99	67.8
Other Unusual Items	-4.95	-4.95	-0.63	-	-1.63	-47.7
Pretax Income	28.76	27.83	50.13	54.01	59.36	20.1
Income Tax Expense	11.51	11.43	14.29	15.11	14.18	18.04
Net Income	17.25	16.4	35.85	38.89	45.17	2.07
Net Income to Common	17.25	16.4	35.85	38.89	45.17	2.07
Net Income Growth	-46.85%	-54.25%	-7.84%	-13.90%	2084.33%	-95.88%
Shares Outstanding (Basic)	12	11	11	11	11	11
Shares Outstanding (Diluted)	12	11	11	11	11	12
Shares Change (YoY)	-4.95%	-	-	-	-1.81%	3.55%
EPS (Basic)	1.50	1.44	3.27	3.55	4.12	0.19
EPS (Diluted)	1.50	1.44	2.99	3.12	3.29	0.18
EPS Growth	-40.63%	-51.96%	-4.17%	-5.17%	1750.04%	-96.02%
Free Cash Flow	41.58	37.92	50.09	81.71	39.45	55.06
Free Cash Flow Per Share	3.61	3.32	4.39	7.16	3.46	4.74
Dividend Per Share	1.320	1.320	1.320	1.320	1.320	1.320
Dividend Growth	33.33%	-	-	-	-	-
Gross Margin	42.28%	41.56%	39.68%	18.34%	17.73%	19.58%
Operating Margin	10.06%	9.30%	12.59%	13.09%	12.87%	14.82%
Profit Margin	3.96%	3.81%	8.79%	9.13%	10.11%	0.46%
Free Cash Flow Margin	9.55%	8.82%	12.28%	19.18%	8.83%	12.20%
EBITDA	51.06	47.31	55.69	59.38	62.13	79.31
EBITDA Margin	11.73%	11.00%	13.66%	13.94%	13.90%	17.57%
D&A For EBITDA	7.27	7.31	4.35	3.63	4.61	12.4
EBIT	43.78	40	51.35	55.74	57.51	66.92
EBIT Margin	10.06%	9.30%	12.59%	13.09%	12.87%	14.82%
Effective Tax Rate	40.02%	41.06%	28.50%	27.98%	23.89%	89.71%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.