TSX:TTNM 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
Operating Revenue	417.93	406.44	357.94	428.82	366.07	189.11
Other Revenue	52.16	53.8	55.76	67.56	33.37	11.63
Revenue	470.09	460.25	413.69	496.37	399.44	200.74
Revenue Growth (YoY)	6.67%	11.25%	-16.66%	24.27%	98.98%	20.18%
Cost of Revenue	417.27	406.28	351.89	423.35	357.45	175.46
Gross Profit	52.82	53.96	61.81	73.02	41.99	25.28
Amortization of Goodwill & Intangibles	0.41	1.78	1.54	1.31	0.97	0.23
Other Operating Expenses	13.42	12.03	13.72	12.34	10.69	5.59
Operating Expenses	40.5	45.32	42.66	39.86	32.03	18.92
Operating Income	12.32	8.65	19.14	33.16	9.97	6.36
Interest Expense	-10.28	-12.3	-9.13	-4.88	-3.05	-2.84
Interest & Investment Income	0.39	0.39	0.52	0.2	0.23	0.39
Currency Exchange Gain (Loss)	1.44	-0.32	-0.13	-1.57	-0.27	-0.1
EBT Excluding Unusual Items	3.87	-3.59	10.4	26.91	6.89	3.81
Merger & Restructuring Charges	-	-	-1.29	-0.2	-0.84	-
Impairment of Goodwill	-7.97	-7.97	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	0.11	-
Gain (Loss) on Sale of Assets	-2.54	2.87	4.47	6.88	1.52	1.66
Asset Writedown	-15.13	-15.13	-	-	-	-
Other Unusual Items	-	-	-	-	-	3.4
Pretax Income	-21.78	-23.82	13.59	33.59	7.69	8.87
Income Tax Expense	-0.7	-2.45	4.02	8.71	2.65	2.6
Earnings From Continuing Operations	-21.08	-21.36	9.57	24.88	5.04	6.27
Earnings From Discontinued Operations	-1.6	-2.65	0.66	-	-	-
Net Income	-22.68	-24.01	10.23	24.88	5.04	6.27
Net Income to Common	-22.68	-24.01	10.23	24.88	5.04	6.27
Net Income Growth	-	-	-58.89%	394.18%	-19.65%	295.32%
Shares Outstanding (Basic)	45	44	44	44	40	36
Shares Outstanding (Diluted)	45	44	46	45	41	37
Shares Change (YoY)	1.43%	-2.55%	0.78%	9.31%	10.77%	1.70%
EPS (Basic)	-0.50	-0.54	0.23	0.56	0.13	0.17
EPS (Diluted)	-0.50	-0.54	0.23	0.55	0.12	0.17
EPS Growth	-	-	-58.13%	358.34%	-29.41%	325.00%
Free Cash Flow	27.2	13.59	-41.79	-27.06	-6.66	15.78
Free Cash Flow Per Share	0.60	0.31	-0.92	-0.60	-0.16	0.42
Dividend Per Share	0.020	0.080	0.080	0.080	0.080	0.020
Dividend Growth	-75.00%	-	-	-	300.00%	-
Gross Margin	11.24%	11.72%	14.94%	14.71%	10.51%	12.60%
Operating Margin	2.62%	1.88%	4.63%	6.68%	2.50%	3.17%
Profit Margin	-4.82%	-5.22%	2.47%	5.01%	1.26%	3.12%
Free Cash Flow Margin	5.79%	2.95%	-10.10%	-5.45%	-1.67%	7.86%
EBITDA	30.66	36.3	46.41	55.01	22.11	15.09
EBITDA Margin	6.52%	7.89%	11.22%	11.08%	5.54%	7.52%
D&A For EBITDA	18.33	27.66	27.27	21.85	12.14	8.73
EBIT	12.32	8.65	19.14	33.16	9.97	6.36
EBIT Margin	2.62%	1.88%	4.63%	6.68%	2.50%	3.17%
Effective Tax Rate	-	-	29.58%	25.92%	34.52%	29.33%
Revenue as Reported	470.09	460.25	413.69	496.37	399.44	200.74

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.