TSX:WTE 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	332.05	323	404.73	381	296.96	340.47
Revenue Growth (YoY)	-17.56%	-20.19%	6.23%	28.30%	-12.78%	-7.58%
Cost of Revenue	207.41	211.73	206.45	201.37	182.91	168.15
Gross Profit	124.64	111.28	198.28	179.63	114.05	172.32
Selling, General & Admin	14.48	14.06	18.46	17.28	12.7	14.98
Total Operating Expenses	14.48	14.06	18.46	17.28	12.7	14.98
Operating Income	110.16	97.22	179.82	162.34	101.35	157.33
Interest Expense	-20.47	-19.75	-17.33	-4.3	-8.67	-10.66
Other Non-Operating Income (Expense)	-2.08	46.85	-4.52	1.69	-1.02	0.99
Total Non-Operating Income (Expense)	-22.55	27.11	-21.86	-2.61	-9.69	-9.67
Pretax Income	135.07	124.32	157.97	159.73	91.66	147.66
Provision for Income Taxes	36.53	33.63	42.72	43.18	24.82	39.85
Net Income	98.55	90.7	115.25	116.56	66.84	107.81
Net Income to Common	98.55	90.7	115.25	116.56	66.84	107.81
Net Income Growth	-11.60%	-21.30%	-1.12%	74.38%	-38.01%	-15.05%
Shares Outstanding (Basic)	62	62	62	63	63	63
Shares Outstanding (Diluted)	62	62	62	63	63	63
Shares Change (YoY)	-0.21%	-0.50%	-0.73%	-1.10%	-0.05%	-2.18%
EPS (Basic)	1.60	1.47	1.86	1.86	1.06	1.70
EPS (Diluted)	1.60	1.47	1.86	1.86	1.06	1.70
EPS Growth	-11.60%	-20.97%	-	75.47%	-37.65%	-13.26%
Shares Outstanding	61.77	61.77	61.77	62.51	62.83	63.26
Free Cash Flow	56.59	84.14	99.69	98.54	90.34	135.64
Free Cash Flow Growth	-32.75%	-15.60%	1.17%	9.07%	-33.40%	-14.96%
Free Cash Flow Per Share	0.92	1.36	1.61	1.58	1.43	2.14
Dividends Per Share	-	1.500	1.500	1.400	1.200	0.900
Dividend Growth	-	-	7.14%	16.67%	33.33%	40.63%
Gross Margin	37.54%	34.45%	48.99%	47.15%	38.41%	50.61%
Operating Margin	33.17%	30.10%	44.43%	42.61%	34.13%	46.21%
Profit Margin	29.68%	28.08%	28.48%	30.59%	22.51%	31.67%
FCF Margin	17.04%	26.05%	24.63%	25.86%	30.42%	39.84%
EBITDA	143.57	130.39	213.79	192.87	131.57	185.75
EBITDA Margin	43.24%	40.37%	52.82%	50.62%	44.31%	54.56%
EBIT	110.16	97.22	179.82	162.34	101.35	157.33
EBIT Margin	33.17%	30.10%	44.43%	42.61%	34.13%	46.21%
Effective Tax Rate	27.04%	27.05%	27.04%	27.03%	27.08%	26.99%

Updated May 2, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.