TerraVest Industries Inc. (TSX:TVK)

Revenue by Geography

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013	Dec 31, 2012
Canada Revenue	535.43M	523.87M	470.94M
Canada Revenue Growth	2.21%	11.24%	20.05%
United States Revenue	1.11B	828.03M	436.36M
United States Revenue Growth	34.19%	89.76%	52.53%
Other Geographies Revenue	29.44M	19.26M	4.53M
Other Geographies Revenue Growth	52.88%	325.53%	-
Revenue (Other)	-2.00K	-1.00K	-
Revenue (Total)	1.68B	1.37B	911.82M
Revenue (Total) Growth	22.23%	50.38%	34.42%

Revenue Breakdown

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013	Dec 31, 2012
HVAC Equipment Revenue	498.62M	417.69M	328.61M
HVAC Equipment Revenue Growth	19.38%	27.11%	82.31%
Compressed Gas Equipment Revenue	851.15M	627.77M	269.32M
Compressed Gas Equipment Revenue Growth	35.58%	133.09%	27.49%
Processing Equipment Revenue	84.89M	93.83M	109.49M
Processing Equipment Revenue Growth	-9.53%	-14.30%	-14.49%
Service Revenue	239.88M	230.65M	203.45M
Service Revenue Growth	4.00%	13.37%	27.60%
Corporate Revenue	1.48M	1.21M	945.00K
Corporate Revenue Growth	22.95%	27.73%	-
Revenue (Other)	-1.00K	-1.00K	-
Revenue (Total)	1.68B	1.37B	911.82M
Revenue (Total) Growth	22.23%	50.38%	34.42%

Revenue Breakdown 3

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013	Dec 31, 2012
Products Revenue	1.44B	1.14B	708.37M
Products Revenue Growth	25.92%	61.00%	36.51%
Services Revenue	239.88M	230.65M	203.45M
Services Revenue Growth	4.00%	13.37%	27.60%
Revenue (Total)	1.68B	1.37B	911.82M
Revenue (Total) Growth	22.23%	50.38%	34.42%

Adjusted EBITDA

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013	Dec 31, 2012
HVAC Equipment Adjusted EBITDA	114.07M	96.79M	81.23M
HVAC Equipment Adjusted EBITDA Growth	17.85%	19.15%	155.95%
Compressed Gas Equipment Adjusted EBITDA	111.76M	97.06M	43.49M
Compressed Gas Equipment Adjusted EBITDA Growth	15.15%	123.15%	23.09%
Processing Equipment Adjusted EBITDA	12.36M	15.90M	12.46M
Processing Equipment Adjusted EBITDA Growth	-22.25%	27.65%	-23.26%
Service Adjusted EBITDA	64.97M	63.08M	58.48M
Service Adjusted EBITDA Growth	2.99%	7.88%	33.67%
Corporate Adjusted EBITDA	-9.86M	-8.24M	-6.06M
Operating Income (Other)	-116.23M	-92.86M	-67.73M
Operating Income (Total)	177.06M	171.72M	121.87M
Operating Income (Total) Growth	3.11%	40.91%	52.08%

Net Income

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013	Dec 31, 2012
HVAC Equipment Net Income	76.99M	71.95M	51.81M
HVAC Equipment Net Income Growth	7.00%	38.86%	139.19%
Compressed Gas Equipment Net Income	2.62M	22.20M	26.55M
Compressed Gas Equipment Net Income Growth	-88.21%	-16.36%	12.40%
Processing Equipment Net Income	7.67M	11.35M	6.76M
Processing Equipment Net Income Growth	-32.38%	67.90%	-34.97%
Service Net Income	37.57M	38.81M	40.47M
Service Net Income Growth	-3.20%	-4.09%	21.37%
Corporate Net Income	-42.31M	-45.95M	-52.34M

Capital Expenditures

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013	Dec 31, 2012
HVAC Equipment Net PP&E Purchases	11.95M	10.68M	-1.41M
HVAC Equipment Net PP&E Purchases Growth	11.82%	-	-
Compressed Gas Equipment Net PP&E Purchases	43.77M	24.74M	9.86M
Compressed Gas Equipment Net PP&E Purchases Growth	76.94%	150.92%	-1.44%
Processing Equipment Net PP&E Purchases	967.00K	-82.00K	546.00K
Processing Equipment Net PP&E Purchases Growth	-	-	-59.74%
Service Net PP&E Purchases	15.48M	19.65M	16.18M
Service Net PP&E Purchases Growth	-21.19%	21.42%	231.04%
Corporate Net PP&E Purchases	-633.00K	-16.00K	-393.00K

Updated May 14, 2026. Data Source: Fiscal.ai.