IC Group Holdings Inc. (TSXV:ICGH)

IC Group Holdings Income Statement

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	25.23	17.92	12.2	11.64
Revenue Growth (YoY)	57.21%	46.85%	4.79%	-
Cost of Revenue	13.12	8.31	4.69	3.98
Gross Profit	12.11	9.61	7.52	7.66
Selling, General & Admin	11.66	11.66	7.59	5.94
Amortization of Goodwill & Intangibles	-	-	-	0.55
Other Operating Expenses	3.5	3.41	-0.14	-0.35
Operating Expenses	15.16	15.06	7.45	6.14
Operating Income	-3.05	-5.45	0.06	1.52
Interest Expense	-0.79	-0.63	-0.23	-0.09
Interest & Investment Income	0.2	0.22	0.16	0.05
Currency Exchange Gain (Loss)	-0.05	0.16	0.07	-0.06
EBT Excluding Unusual Items	-4.75	-5.7	0.06	1.43
Asset Writedown	-	-	-0.28	-
Pretax Income	-3.74	-5.7	-0.22	1.43
Income Tax Expense	0.13	-0.24	0.12	0.4
Earnings From Continuing Operations	-3.87	-5.47	-0.33	1.03
Minority Interest in Earnings	-	0.03	0.08	0.12
Net Income	-3.87	-5.43	-0.26	1.15
Net Income to Common	-3.87	-5.43	-0.26	1.15
Shares Outstanding (Basic)	30	24	23	3
Shares Outstanding (Diluted)	30	24	23	3
Shares Change (YoY)	-20.12%	5.44%	611.29%	-
EPS (Basic)	-0.13	-0.23	-0.01	0.36
EPS (Diluted)	-0.13	-0.23	-0.01	0.36
Free Cash Flow	1.92	0.25	0.53	-1.23
Free Cash Flow Per Share	0.06	0.01	0.02	-0.39
Gross Margin	48.01%	53.62%	61.59%	65.78%
Operating Margin	-12.09%	-30.43%	0.53%	13.04%
Profit Margin	-15.34%	-30.31%	-2.12%	9.89%
Free Cash Flow Margin	7.63%	1.40%	4.33%	-10.60%
EBITDA	-2.84	-4.69	0.29	1.64
EBITDA Margin	-11.25%	-26.20%	2.41%	14.11%
D&A For EBITDA	0.21	0.76	0.23	0.12
EBIT	-3.05	-5.45	0.06	1.52
EBIT Margin	-12.09%	-30.43%	0.53%	13.04%
Effective Tax Rate	-	-	-	27.73%
Revenue as Reported	17.92	17.92	12.2	11.64
Advertising Expenses	-	0.17	0.1	0.07

Source: S&P Global Market Intelligence. Standard template. Financial Sources.