Topicus.com Inc. (TSXV:TOI)

Topicus.com Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Revenue	-	-	-	-0	-	-
Revenue	1,480	1,295	1,125	916.68	742.54	493.99
Revenue Growth (YoY)	19.42%	15.10%	22.72%	23.45%	50.32%	18.35%
Cost of Revenue	943.41	823.52	725.34	591.13	473.18	303.2
Gross Profit	536.99	471.35	399.63	325.55	269.36	190.79
Selling, General & Admin	109.52	92.16	77.01	65.26	39	25.67
Amortization of Goodwill & Intangibles	155.74	135.5	121.12	107.08	85.06	50.38
Other Operating Expenses	7.32	4.59	7.02	4.85	8.25	4.71
Operating Expenses	312.02	266.34	235.74	205.06	156.92	99.47
Operating Income	224.98	205.01	163.9	120.5	112.44	91.33
Interest Expense	-25.89	-24.67	-17.73	-15.39	-10.95	-5.83
Earnings From Equity Investments	-222.24	0.21	0.14	0.58	1.39	0.11
Currency Exchange Gain (Loss)	0.43	-1.25	-1.86	-0.29	-0.58	0.14
Other Non Operating Income (Expenses)	75.59	3.01	-0.98	6.03	-2,303	-0.76
EBT Excluding Unusual Items	52.87	182.31	143.47	111.43	-2,200	84.98
Impairment of Goodwill	-	-	-	-	-0.02	-
Asset Writedown	0.01	-0.62	-	-	-1.58	-
Other Unusual Items	3.04	1.78	1.3	-7.01	1.46	0.04
Pretax Income	88.71	183.47	144.77	104.42	-2,201	85.01
Income Tax Expense	41.85	34	29.34	16.81	21.6	21.33
Earnings From Continuing Operations	46.86	149.47	115.43	87.61	-2,222	63.68
Minority Interest in Earnings	-20.84	-57.48	-43.67	-34.68	338.19	-21.2
Net Income	26.02	91.99	71.75	52.93	-1,884	42.49
Preferred Dividends & Other Adjustments	-	-	-	-	25.73	-
Net Income to Common	26.02	91.99	71.75	52.93	-1,910	42.49
Net Income Growth	-68.92%	28.21%	35.57%	-	-	-8.57%
Shares Outstanding (Basic)	83	83	82	80	63	39
Shares Outstanding (Diluted)	130	130	130	80	63	118
Shares Change (YoY)	-	-	61.32%	27.12%	-46.41%	92.31%
EPS (Basic)	0.31	1.11	0.88	0.66	-30.16	1.08
EPS (Diluted)	0.31	1.11	0.88	0.66	-30.16	0.54
EPS Growth	-69.17%	26.70%	33.25%	-	-	-29.24%
Free Cash Flow	375.15	340.2	239.54	196.45	171.77	149.46
Free Cash Flow Per Share	2.89	2.62	1.84	2.44	2.71	1.26
Gross Margin	36.27%	36.40%	35.52%	35.51%	36.27%	38.62%
Operating Margin	15.20%	15.83%	14.57%	13.15%	15.14%	18.49%
Profit Margin	1.76%	7.11%	6.38%	5.77%	-257.19%	8.60%
Free Cash Flow Margin	25.34%	26.27%	21.29%	21.43%	23.13%	30.26%
EBITDA	271.43	283.91	232.92	178.38	158.38	120.12
EBITDA Margin	18.34%	21.93%	20.71%	19.46%	21.33%	24.32%
D&A For EBITDA	46.46	78.89	69.03	57.88	45.94	28.79
EBIT	224.98	205.01	163.9	120.5	112.44	91.33
EBIT Margin	15.20%	15.83%	14.57%	13.15%	15.14%	18.49%
Effective Tax Rate	47.17%	18.53%	20.27%	16.10%	-	25.09%
Revenue as Reported	1,480	1,295	1,125	916.68	742.54	493.99
Advertising Expenses	-	10.1	9.7	8.6	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.