Ironman International Income Statement

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022
Revenue	22.57	19.59	4.78	5	5.78
Revenue Growth (YoY)	15.17%	310.18%	-4.49%	-13.41%	7.88%
Cost of Revenue	15.95	11.76	3.82	4.47	5.78
Gross Profit	6.62	7.83	0.95	0.53	-0
Selling, General & Admin	2.75	1.7	1.21	1.48	2.19
Amortization of Goodwill & Intangibles	-	-	0.21	0.24	0.19
Operating Expenses	3.01	1.72	1.44	1.93	2.5
Operating Income	3.61	6.11	-0.49	-1.4	-2.5
Interest Expense	-0.38	-0.12	-0.09	-0.08	-0.02
Interest & Investment Income	-	-	0.01	0.01	0
Currency Exchange Gain (Loss)	-	-	-0	-0	0
Other Non Operating Income (Expenses)	-0.08	0.11	-0.06	-0.09	-0.06
EBT Excluding Unusual Items	3.15	6.1	-0.63	-1.56	-2.58
Gain (Loss) on Sale of Assets	0.25	0.29	-	0.1	-0.02
Other Unusual Items	-	-	-	-0.01	-
Pretax Income	3.4	6.39	-0.63	-1.48	-2.59
Income Tax Expense	1.21	1.69	-	-	-
Earnings From Continuing Operations	2.19	4.71	-0.63	-1.48	-2.59
Earnings From Discontinued Operations	-	-	-	-	-0.27
Net Income	2.19	4.71	-0.63	-1.48	-2.86
Net Income to Common	2.19	4.71	-0.63	-1.48	-2.86
Net Income Growth	-53.56%	-	-	-	-
Shares Outstanding (Basic)	101	85	87	84	69
Shares Outstanding (Diluted)	101	85	87	84	69
Shares Change (YoY)	18.39%	-1.64%	2.99%	22.46%	-3.49%
EPS (Basic)	0.02	0.06	-0.01	-0.02	-0.04
EPS (Diluted)	0.02	0.06	-0.01	-0.02	-0.04
EPS Growth	-60.77%	-	-	-	-
Free Cash Flow	3.96	-2.44	0.65	-0.35	-1.36
Free Cash Flow Per Share	0.04	-0.03	0.01	-0.00	-0.02
Gross Margin	29.33%	39.96%	19.99%	10.64%	-0.01%
Operating Margin	15.98%	31.18%	-10.25%	-28.03%	-43.31%
Profit Margin	9.68%	24.01%	-13.20%	-29.51%	-49.54%
Free Cash Flow Margin	17.55%	-12.43%	13.62%	-6.99%	-23.47%
EBITDA	5.6	7.1	-0.35	-1.16	-2.31
EBITDA Margin	24.83%	36.23%	-7.38%	-23.18%	-40.00%
D&A For EBITDA	2	0.99	0.14	0.24	0.19
EBIT	3.61	6.11	-0.49	-1.4	-2.5
EBIT Margin	15.98%	31.18%	-10.25%	-28.03%	-43.31%
Effective Tax Rate	35.66%	26.41%	-	-	-
Advertising Expenses	-	-	0	0.01	0

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