STEP Energy Services 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
Revenue	910.44	954.97	945.72	989.02	536.31	368.95
Revenue Growth (YoY)	-9.19%	0.98%	-4.38%	84.41%	45.36%	-44.79%
Cost of Revenue	819.76	844.78	829.59	841.43	518.55	402.36
Gross Profit	90.67	110.19	116.14	147.59	17.76	-33.41
Selling, General & Admin	45.99	43.72	38.29	57.33	34.43	27.7
Depreciation & Amortization Expenses	0.3	0.04	0.04	0.15	0.46	0.56
Other Operating Expenses	-	36.66	-	-38.39	-	72.35
Total Operating Expenses	46.29	80.42	38.33	19.08	34.89	100.6
Operating Income	44.39	29.77	77.81	128.5	-17.14	-134.01
Interest Expense	-7.79	-12.41	-11.14	-10.58	-14.62	-14.66
Other Non-Operating Income (Expense)	3.6	7.78	2.19	3.7	0.8	4.22
Total Non-Operating Income (Expense)	-4.2	-4.63	-8.95	-6.88	-13.82	-10.44
Pretax Income	40.19	25.13	68.86	121.62	-30.96	-144.46
Provision for Income Taxes	20.63	22.09	17.02	25.86	-2.5	-25.99
Net Income	-7.82	1.76	50.42	94.78	-28.13	-119.36
Net Income to Common	-7.82	1.76	50.42	94.78	-28.13	-119.36
Net Income Growth	-	-96.50%	-46.80%	-	-	-
Shares Outstanding (Basic)	72	72	72	69	68	67
Shares Outstanding (Diluted)	74	74	75	72	68	67
Shares Change (YoY)	-0.47%	-1.26%	4.09%	6.22%	1.02%	0.84%
EPS (Basic)	-0.11	0.03	0.70	1.37	-0.41	-1.77
EPS (Diluted)	-0.12	0.02	0.67	1.31	-0.41	-1.77
EPS Growth	-	-97.02%	-48.85%	-	-	-
Free Cash Flow	32.96	52.8	66.43	39.62	21.6	28.98
Free Cash Flow Growth	-37.57%	-20.52%	67.68%	83.38%	-25.44%	38.78%
Free Cash Flow Per Share	0.45	0.71	0.88	0.55	0.32	0.43
Gross Margin	9.96%	11.54%	12.28%	14.92%	3.31%	-9.06%
Operating Margin	4.88%	3.12%	8.23%	12.99%	-3.19%	-36.32%
Profit Margin	2.15%	0.32%	5.48%	9.68%	-5.31%	-32.11%
FCF Margin	3.62%	5.53%	7.02%	4.01%	4.03%	7.85%
EBITDA	124.05	123.95	162.49	216.47	56.25	-45.07
EBITDA Margin	13.63%	12.98%	17.18%	21.89%	10.49%	-12.22%
EBIT	44.39	29.77	77.81	128.5	-17.14	-134.01
EBIT Margin	4.88%	3.12%	8.23%	12.99%	-3.19%	-36.32%
Effective Tax Rate	51.33%	87.89%	24.72%	21.26%	8.07%	17.99%

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