TVA 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	538.94	540.82	532.23	545.2	594.41	622.83
Revenue Growth (YoY)	3.10%	1.61%	-2.38%	-8.28%	-4.56%	22.57%
Cost of Revenue	374.9	393.43	413.76	418.74	427.27	403.16
Gross Profit	164.04	147.39	118.47	126.46	167.14	219.68
Selling, General & Admin	94.69	97.54	107.35	131.89	147.75	139.4
Depreciation & Amortization Expenses	11.3	21.99	22.51	-	-	-
Other Operating Expenses	1.49	6.8	7.6	-	-	-
Total Operating Expenses	107.48	126.33	137.47	131.89	147.75	139.4
Operating Income	64.17	21.06	-18.99	-5.43	19.39	80.28
Interest Expense	0.32	-1.66	-4.8	-	-	-
Other Non-Operating Income (Expense)	-0.64	-0.43	-0.75	-0.5	-0.8	-1.15
Total Non-Operating Income (Expense)	-0.32	-2.08	-5.55	-0.5	-0.8	-1.15
Pretax Income	56.15	19.4	-23.8	-64.1	-12.8	40.83
Provision for Income Taxes	9.52	5.04	-3.7	-15.72	-3.11	-
Net Income	57.67	14.36	-20.1	-48.39	-8.89	30.49
Net Income to Common	57.67	14.36	-20.1	-48.39	-8.89	30.49
Net Income Growth	-	-	-	-	-	-5.71%
Shares Outstanding (Basic)	43	43	43	43	43,206	43,206
Shares Outstanding (Diluted)	43	43	43	43	43,206	43,327
Shares Change (YoY)	-	0.04%	-	-99.90%	-0.28%	100180.98%
EPS (Basic)	2.68	0.34	-0.45	-1.11	-0.21	0.71
EPS (Diluted)	2.66	0.34	-0.45	-1.11	-0.21	0.70
EPS Growth	97.04%	-	-	-	-	-6.67%
Shares Outstanding	43.21	43.21	43.21	43.21	43.21	43.21
Free Cash Flow	98.56	51.65	50.08	-70.94	7.82	25.74
Free Cash Flow Growth	90.81%	3.14%	-	-	-69.62%	5.29%
Free Cash Flow Per Share	2.28	1.20	1.16	-1.64	0.00	0.00
Gross Margin	30.44%	27.25%	22.26%	23.19%	28.12%	35.27%
Operating Margin	11.91%	3.89%	-3.57%	-1.00%	3.26%	12.89%
Profit Margin	10.70%	2.66%	-3.78%	-8.88%	-1.63%	6.56%
FCF Margin	18.29%	9.55%	9.41%	-13.01%	1.32%	4.13%
EBITDA	85.7	43.05	3.52	22.26	49.33	112.39
EBITDA Margin	15.90%	7.96%	0.66%	4.08%	8.30%	18.04%
EBIT	64.17	21.06	-18.99	-5.43	19.39	80.28
EBIT Margin	11.91%	3.89%	-3.57%	-1.00%	3.26%	12.89%
Effective Tax Rate	16.95%	26.00%	15.55%	24.52%	24.33%	0.00%

Updated May 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.