Total Energy Services 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	1,128	1,065	906.78	892.4	759.81	431.58
Revenue Growth (YoY)	18.21%	17.42%	1.61%	17.45%	76.05%	18.00%
Cost of Revenue	876.09	820.37	681.36	678.25	589.81	323.09
Gross Profit	251.63	244.37	225.42	214.15	170	108.48
Selling, General & Admin	66.01	60.03	53.78	49.01	40.81	29.04
Depreciation & Amortization Expenses	93.21	92.46	90.33	80.81	78.81	83.07
Other Operating Expenses	-13.98	-10.74	-0.21	-3.83	-2.13	-6.57
Total Operating Expenses	145.23	141.76	143.9	126	117.5	105.53
Operating Income	94.31	93.24	79.84	84.62	49.34	-1.41
Interest Expense	-4.27	-4.95	-8.16	-17.43	-7.37	-6.84
Total Non-Operating Income (Expense)	-4.27	-4.95	-8.16	-17.43	-7.37	-6.84
Pretax Income	102.27	97.66	73.36	70.72	45.13	-3.89
Provision for Income Taxes	22.65	23.31	12.63	29.13	7.13	-3.46
Net Income	79.39	74.22	60.8	41.63	38.01	-0.36
Minority Interest in Earnings	0.23	0.13	-0.08	-0.03	-0.01	-0.07
Net Income to Common	79.39	74.22	60.8	41.63	38.01	-0.36
Net Income Growth	23.49%	22.07%	46.07%	9.52%	-	-
Shares Outstanding (Basic)	37	37	39	40	42	44
Shares Outstanding (Diluted)	38	38	40	41	43	45
Shares Change (YoY)	-4.20%	-4.27%	-3.61%	-4.26%	-3.79%	-0.91%
EPS (Basic)	2.15	1.99	1.56	1.03	0.90	-0.01
EPS (Diluted)	2.11	1.95	1.53	1.01	0.88	-0.01
EPS Growth	28.66%	27.45%	51.48%	14.77%	-	-
Shares Outstanding	36.35	36.35	38.1	39.98	41.5	43
Free Cash Flow	125.19	106.37	74.83	70.7	86.67	60.59
Free Cash Flow Growth	17.69%	42.15%	5.84%	-18.42%	43.03%	-12.46%
Free Cash Flow Per Share	3.33	2.80	1.89	1.72	2.02	1.36
Dividends Per Share	0.300	0.400	0.360	0.320	0.180	-
Dividend Growth	-25.00%	11.11%	12.50%	77.78%	-	-
Gross Margin	22.31%	22.95%	24.86%	24.00%	22.37%	25.14%
Operating Margin	8.36%	8.76%	8.81%	9.48%	6.49%	-0.33%
Profit Margin	7.06%	6.98%	6.70%	4.66%	5.00%	-0.10%
FCF Margin	11.10%	9.99%	8.25%	7.92%	11.41%	14.04%
EBITDA	187.52	185.7	170.17	165.44	128.16	81.65
EBITDA Margin	16.63%	17.44%	18.77%	18.54%	16.87%	18.92%
EBIT	94.31	93.24	79.84	84.62	49.34	-1.41
EBIT Margin	8.36%	8.76%	8.81%	9.48%	6.49%	-0.33%
Effective Tax Rate	22.15%	23.87%	17.22%	41.19%	15.81%	88.99%

Updated May 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.