Wajax 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
Revenue	2,151	2,098	2,155	1,963	1,637	1,423
Revenue Growth (YoY)	3.71%	-2.65%	9.77%	19.88%	15.09%	-8.40%
Cost of Revenue	1,744	1,684	1,704	1,573	1,309	1,175
Gross Profit	407.36	413.78	450.63	390.31	328.13	247.83
Selling, General & Admin	296.2	304.49	307.44	270.52	238.39	198.61
Amortization of Goodwill & Intangibles	7.03	7.03	6.45	5.94	5.48	2.4
Operating Expenses	303.23	311.52	313.89	276.46	243.87	201.01
Operating Income	104.14	102.26	136.75	113.86	84.26	46.82
Interest Expense	-31.56	-39.21	-27.73	-17.7	-19.36	-21.12
Interest & Investment Income	1.03	1.03	0.63	0.35	0.23	0.15
EBT Excluding Unusual Items	73.61	64.08	109.64	96.51	65.13	25.84
Merger & Restructuring Charges	-9.61	-5.77	-	-	-0.41	-8.84
Other Unusual Items	-	-	-	-	8.45	26.59
Pretax Income	64	58.31	109.64	96.51	73.17	43.59
Income Tax Expense	17.63	15.52	28.65	24.1	19.92	11.94
Net Income	46.37	42.79	80.99	72.41	53.25	31.65
Net Income to Common	46.37	42.79	80.99	72.41	53.25	31.65
Net Income Growth	-12.31%	-47.16%	11.85%	35.98%	68.22%	-19.87%
Shares Outstanding (Basic)	22	22	22	21	21	20
Shares Outstanding (Diluted)	22	22	22	22	22	20
Shares Change (YoY)	-0.69%	-0.37%	0.34%	0.77%	7.52%	0.35%
EPS (Basic)	2.13	1.97	3.77	3.38	2.50	1.58
EPS (Diluted)	2.09	1.93	3.64	3.26	2.42	1.55
EPS Growth	-12.00%	-46.98%	11.66%	34.71%	56.13%	-19.69%
Free Cash Flow	180.38	61.08	-97.98	59.91	184.21	112.3
Free Cash Flow Per Share	8.14	2.75	-4.40	2.70	8.36	5.48
Dividend Per Share	1.400	1.400	1.320	1.000	1.000	1.000
Dividend Growth	1.45%	6.06%	32.00%	-	-	-
Gross Margin	18.94%	19.73%	20.91%	19.89%	20.04%	17.42%
Operating Margin	4.84%	4.88%	6.35%	5.80%	5.15%	3.29%
Profit Margin	2.15%	2.04%	3.76%	3.69%	3.25%	2.23%
Free Cash Flow Margin	8.38%	2.91%	-4.55%	3.05%	11.25%	7.89%
EBITDA	118.58	116.85	150.27	126.19	96.45	56.52
EBITDA Margin	5.51%	5.57%	6.97%	6.43%	5.89%	3.97%
D&A For EBITDA	14.44	14.59	13.52	12.33	12.19	9.7
EBIT	104.14	102.26	136.75	113.86	84.26	46.82
EBIT Margin	4.84%	4.88%	6.35%	5.80%	5.15%	3.29%
Effective Tax Rate	27.55%	26.61%	26.13%	24.98%	27.22%	27.39%

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