TerraVest Industries Income Statement

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

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	1,676	1,371	911.82	678.35	576.7	307.46
Revenue Growth (YoY)	65.16%	50.38%	34.42%	17.63%	87.57%	1.05%
Cost of Revenue	1,244	989.87	648.45	512.39	452.32	226.83
Gross Profit	432	381.29	263.37	165.96	124.39	80.63
Selling, General & Admin	306.12	241.61	144.19	87.58	73.36	34.51
Other Operating Expenses	-51.18	-32.05	-2.69	-1.76	-17.04	-4.5
Total Operating Expenses	254.94	209.56	141.5	85.82	56.33	30.01
Operating Income	177.06	171.72	121.87	80.14	68.06	50.63
Interest Income	-	-	-	0.01	-0.06	-0.08
Interest Expense	-67.64	-49.79	-25.14	-15.88	-9.34	-4.51
Total Non-Operating Income (Expense)	-67.64	-49.79	-25.14	-15.87	-9.4	-4.58
Pretax Income	109.43	121.94	96.73	67.27	58.66	46.05
Provision for Income Taxes	26.89	23.58	23.49	22.64	11.89	9.64
Net Income	72.98	86.65	63.57	42.07	45.25	36.62
Minority Interest in Earnings	9.56	11.71	9.67	7.56	1.52	-0.21
Net Income to Common	72.98	86.65	63.57	42.07	45.25	36.62
Net Income Growth	-9.63%	36.31%	51.10%	-7.03%	23.58%	36.44%
Shares Outstanding (Basic)	21	20	19	18	18	18
Shares Outstanding (Diluted)	22	21	19	18	18	18
Shares Change (YoY)	9.28%	8.51%	6.64%	0.16%	-1.41%	-3.56%
EPS (Basic)	3.39	4.27	3.41	2.35	2.53	2.02
EPS (Diluted)	3.31	4.13	3.29	2.32	2.50	2.00
EPS Growth	-17.46%	25.53%	41.81%	-7.20%	25.00%	40.84%
Shares Outstanding	21.69	21.69	19.5	17.91	17.89	17.57
Free Cash Flow	117.54	44.36	100.71	46.09	-5.61	4.66
Free Cash Flow Growth	164.97%	-55.95%	118.53%	-	-	-91.41%
Free Cash Flow Per Share	5.36	2.12	5.21	2.54	-0.31	0.25
Dividends Per Share	-	0.700	0.600	0.500	0.400	0.400
Dividend Growth	-	16.67%	20.00%	25.00%	-	-
Gross Margin	25.78%	27.81%	28.88%	24.47%	21.57%	26.23%
Operating Margin	10.56%	12.52%	13.37%	11.81%	11.80%	16.47%
Profit Margin	4.92%	7.17%	8.03%	7.32%	8.11%	11.84%
FCF Margin	7.01%	3.24%	11.05%	6.79%	-0.97%	1.52%
EBITDA	254.34	171.72	121.87	80.14	68.06	50.63
EBITDA Margin	15.17%	12.52%	13.37%	11.81%	11.80%	16.47%
EBIT	177.06	171.72	121.87	80.14	68.06	50.63
EBIT Margin	10.56%	12.52%	13.37%	11.81%	11.80%	16.47%
Effective Tax Rate	24.57%	19.33%	24.28%	33.65%	20.26%	20.93%

Updated May 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.