Pollard Banknote Limited (TSXV:PBL)

Pollard Banknote Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	557.1	520.44	483.72	459.01	414.13
Revenue Growth (YoY)	7.04%	7.59%	5.38%	10.84%	4.10%
Cost of Revenue	452.38	433.86	400.34	368.26	323.09
Gross Profit	104.72	86.58	83.38	90.75	91.05
Selling, General & Admin	87.05	78.97	67.37	63.4	52.76
Other Operating Expenses	-0.64	0.45	-0.46	-0.52	-1.24
Operating Expenses	86.41	79.42	66.91	62.88	51.51
Operating Income	18.31	7.16	16.48	27.87	39.53
Interest Expense	-10.29	-10.52	-8.26	-4.98	-4.84
Earnings From Equity Investments	52.58	39.06	22.28	12.34	1.59
Currency Exchange Gain (Loss)	-7.39	2.04	-3.72	-1.42	0.94
EBT Excluding Unusual Items	53.22	37.74	26.77	33.81	37.22
Merger & Restructuring Charges	-1.62	-	-	-1	-2.2
Legal Settlements	-	-	-	-2.52	-
Other Unusual Items	0.54	-0.44	-4.56	-4.13	11.12
Pretax Income	52.13	37.54	22.22	27.12	46.14
Income Tax Expense	16.94	6.12	2.94	7.41	12.85
Net Income	35.2	31.42	19.28	19.7	33.29
Net Income to Common	35.2	31.42	19.28	19.7	33.29
Net Income Growth	12.03%	62.98%	-2.15%	-40.82%	51.19%
Shares Outstanding (Basic)	27	27	27	27	26
Shares Outstanding (Diluted)	27	27	27	27	26
Shares Change (YoY)	0.11%	0.67%	0.64%	3.97%	0.53%
EPS (Basic)	1.30	1.17	0.72	0.74	1.30
EPS (Diluted)	1.28	1.15	0.71	0.73	1.28
EPS Growth	11.30%	61.97%	-2.74%	-42.97%	49.02%
Free Cash Flow	48.36	50.02	39.88	34.31	46.69
Free Cash Flow Per Share	1.76	1.82	1.46	1.27	1.79
Dividend Per Share	0.200	0.160	0.160	0.160	0.160
Dividend Growth	25.00%	-	-	-	-
Gross Margin	18.80%	16.64%	17.24%	19.77%	21.98%
Operating Margin	3.29%	1.38%	3.41%	6.07%	9.55%
Profit Margin	6.32%	6.04%	3.98%	4.29%	8.04%
Free Cash Flow Margin	8.68%	9.61%	8.24%	7.47%	11.28%
EBITDA	42.83	33.06	40	51.83	59.65
EBITDA Margin	7.69%	6.35%	8.27%	11.29%	14.40%
D&A For EBITDA	24.52	25.9	23.53	23.96	20.11
EBIT	18.31	7.16	16.48	27.87	39.53
EBIT Margin	3.29%	1.38%	3.41%	6.07%	9.55%
Effective Tax Rate	32.48%	16.31%	13.23%	27.34%	27.86%

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.