Medicure Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	28.86	21.91	21.69	23.07	21.74
Revenue Growth (YoY)	31.72%	0.98%	-5.94%	6.08%	87.29%
Cost of Revenue	17.11	8.82	7.71	6.99	9.03
Gross Profit	11.75	13.09	13.99	16.08	12.71
Selling, General & Admin	15.46	12.75	12.44	12.13	13.01
Research & Development	3.18	3.08	2.41	2.75	1.8
Total Operating Expenses	18.64	15.83	14.84	14.88	14.81
Operating Income	-6.89	-2.74	-0.85	1.19	-2.09
Interest Expense	0.12	0.26	0.02	-0.36	-1.02
Other Non-Operating Income (Expense)	0.12	-1.79	0.11	-0.4	-1.86
Total Non-Operating Income (Expense)	0.24	-1.53	0.13	-0.76	-2.88
Pretax Income	-6.89	-0.78	-0.9	1.39	-0.76
Provision for Income Taxes	-0.21	-0.26	-0.03	-0.02	0.03
Net Income	-7.1	-1.04	-0.92	1.37	-0.73
Net Income to Common	-7.1	-1.04	-0.92	1.37	-0.73
Shares Outstanding (Basic)	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10
Shares Change (YoY)	-	-	-	1.80%	-4.07%
EPS (Basic)	-0.68	-0.10	-0.09	0.13	-0.07
EPS (Diluted)	-0.68	-0.10	-0.09	0.13	-0.07
Shares Outstanding	10.44	10.44	10.44	10.25	10.25
Free Cash Flow	-0.56	1.38	2.08	1.81	3.61
Free Cash Flow Growth	-	-33.77%	14.61%	-49.78%	-
Free Cash Flow Per Share	-0.05	0.13	0.20	0.17	0.35
Gross Margin	40.71%	59.75%	64.48%	69.69%	58.46%
Operating Margin	-23.87%	-12.49%	-3.94%	5.17%	-9.63%
Profit Margin	-23.15%	-2.41%	-4.02%	6.09%	-3.64%
FCF Margin	-1.94%	6.29%	9.58%	7.86%	16.61%
EBITDA	-4.24	-0.42	1.32	3.25	1.05
EBITDA Margin	-14.70%	-1.93%	6.07%	14.08%	4.84%
EBIT	-6.89	-2.74	-0.85	1.19	-2.09
EBIT Margin	-23.87%	-12.49%	-3.94%	5.17%	-9.63%
Effective Tax Rate	3.02%	32.69%	2.79%	-1.44%	-4.22%

Updated Apr 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.