Northfield Capital 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
Operating Revenue	10.68	8.96	6.8	5.51	4.52	15.32
Other Revenue	22	10.22	-1.01	-7.98	-1.03	-
Revenue	32.69	19.18	5.79	-2.46	3.49	15.32
Revenue Growth (YoY)	112.63%	231.33%	-	-	-77.25%	71.08%
Cost of Revenue	8.09	7.03	5.63	3.82	2.35	2.22
Gross Profit	24.6	12.15	0.16	-6.29	1.14	13.1
Selling, General & Admin	9.2	8.57	6.35	6.31	6.73	6.07
Amortization of Goodwill & Intangibles	1.68	1.8	1.65	2.04	1.67	0.99
Operating Expenses	11.82	11.18	8	8.35	8.4	7.06
Operating Income	12.78	0.97	-7.84	-14.64	-7.27	6.04
Interest Expense	-0.85	-0.66	-0.49	-0.24	-0.07	-
Other Non Operating Income (Expenses)	-0.15	-0.14	-0.05	-0.06	-0.06	-0.05
EBT Excluding Unusual Items	11.78	0.17	-8.38	-14.94	-7.39	5.98
Impairment of Goodwill	-	-	-	-	-	-11.16
Gain (Loss) on Sale of Assets	0.17	0.07	-0.01	-0.17	-	-
Asset Writedown	-	-	-	-	-0.82	-1.12
Pretax Income	11.95	0.24	-8.39	-15.11	-8.21	-6.3
Income Tax Expense	-0.26	-0	-0.27	0.13	-1.5	0.27
Earnings From Continuing Operations	12.22	0.24	-8.12	-15.24	-6.71	-6.57
Minority Interest in Earnings	2.68	2.04	1.44	1.22	1.56	5.75
Net Income	14.89	2.28	-6.68	-14.02	-5.15	-0.82
Net Income to Common	14.89	2.28	-6.68	-14.02	-5.15	-0.82
Shares Outstanding (Basic)	15	12	11	11	11	11
Shares Outstanding (Diluted)	15	12	11	11	11	11
Shares Change (YoY)	34.42%	8.64%	-	-0.51%	-1.39%	-3.53%
EPS (Basic)	1.01	0.19	-0.60	-1.26	-0.46	-0.07
EPS (Diluted)	0.97	0.19	-0.60	-1.26	-0.46	-0.07
Free Cash Flow	-16.38	-9.22	-12.02	-4.05	-7.27	-9.45
Free Cash Flow Per Share	-1.06	-0.77	-1.08	-0.36	-0.65	-0.84
Gross Margin	75.26%	63.34%	2.81%	-	32.60%	85.54%
Operating Margin	39.11%	5.07%	-135.45%	-	-208.51%	39.42%
Profit Margin	45.56%	11.87%	-115.39%	-	-147.74%	-5.32%
Free Cash Flow Margin	-50.11%	-48.08%	-207.59%	-	-208.62%	-61.73%
EBITDA	15.47	3.39	-6.08	-12.91	-5.83	6.87
EBITDA Margin	47.33%	17.70%	-105.09%	-	-167.20%	44.87%
D&A For EBITDA	2.69	2.42	1.76	1.73	1.44	0.84
EBIT	12.78	0.97	-7.84	-14.64	-7.27	6.04
EBIT Margin	39.11%	5.07%	-135.45%	-	-208.51%	39.42%
Advertising Expenses	-	-	-	-	-	0.53

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