Transat A.T. Income Statement

Financials in millions CAD. Fiscal year is November - October.

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2022	FY 2021	FY 2020
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021	Oct '20 Oct 31, 2020
Revenue	3,399	3,284	1,642	124.82	1,302
Revenue Growth (YoY)	3.50%	99.98%	1215.55%	-90.41%	-55.67%
Cost of Revenue	885.06	832.36	355.25	31.96	431.56
Gross Profit	2,513	2,451	1,287	92.86	870.51
Selling, General & Admin	917.58	892.59	495.94	193.16	411.75
Depreciation & Amortization Expenses	256.8	221.87	153.43	159.77	204.11
Other Operating Expenses	1,329	1,353	938.36	136.45	679.44
Total Operating Expenses	2,504	2,467	1,588	489.38	1,295
Operating Income	9.8	-12.73	-303.42	-401.22	-425.96
Interest Income	25.04	41.36	15.46	9.15	14.8
Interest Expense	-137.4	-145.46	-105.31	-77.02	-48.05
Other Non-Operating Income (Expense)	346.93	10.83	-53.72	84.39	-28.59
Total Non-Operating Income (Expense)	234.56	-93.28	-143.58	16.51	-61.84
Pretax Income	244.37	-108.98	-449.47	-389.42	-488.97
Provision for Income Taxes	2.45	5.05	-4.15	0.02	7.79
Net Income	241.92	-114.03	-445.32	-389.56	-496.55
Minority Interest in Earnings	-	-	-	0.12	-0.22
Net Income to Common	241.92	-114.03	-445.32	-389.56	-496.55
Shares Outstanding (Basic)	40	39	38	38	38
Shares Outstanding (Diluted)	42	39	38	38	38
Shares Change (YoY)	7.22%	2.65%	0.24%	-	0.20%
EPS (Basic)	6.06	-2.94	-11.77	-10.32	-13.15
EPS (Diluted)	5.72	-2.94	-11.77	-10.32	-13.15
Free Cash Flow	59.12	-43.9	-210.39	-524.04	-107.56
Free Cash Flow Per Share	1.42	-1.13	-5.56	-13.88	-2.85
Gross Margin	73.96%	74.65%	78.37%	74.40%	66.86%
Operating Margin	0.29%	-0.39%	-18.48%	-321.45%	-32.71%
Profit Margin	7.12%	-3.47%	-27.12%	-312.00%	-38.15%
FCF Margin	1.74%	-1.34%	-12.81%	-419.85%	-8.26%
EBITDA	266.6	209.14	-149.21	-241.46	-221.85
EBITDA Margin	7.84%	6.37%	-9.09%	-193.45%	-17.04%
EBIT	9.8	-12.73	-303.42	-401.22	-425.96
EBIT Margin	0.29%	-0.39%	-18.48%	-321.45%	-32.71%
Effective Tax Rate	1.00%	-4.63%	0.92%	-0.01%	-1.59%

Updated Oct 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.