Grey Wolf Animal Health 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
Revenue	33.47	26.83	25.41	22.64	13.1	7.68
Revenue Growth (YoY)	27.26%	5.58%	12.26%	72.85%	70.47%	-
Cost of Revenue	15.71	13.07	12.58	11.07	5.95	3.54
Gross Profit	17.76	13.76	12.83	11.56	7.15	4.14
Selling, General & Admin	12.66	10.53	9.79	10.39	5.82	3.45
Operating Expenses	14.54	11.73	11.17	11.85	7.01	4.4
Operating Income	3.22	2.03	1.66	-0.28	0.13	-0.25
Interest Expense	-1.58	-0.66	-0.6	-6.68	-1.66	-0.28
Interest & Investment Income	0.13	0.2	0.15	-	-	-
Currency Exchange Gain (Loss)	-0.04	-0.05	-0.02	-0.04	0.01	-0.06
Other Non Operating Income (Expenses)	-0.18	-0.12	-0.09	8.75	-0.31	-0.18
EBT Excluding Unusual Items	1.55	1.39	1.1	1.75	-1.82	-0.78
Other Unusual Items	-	-	-	-	-0.07	-0.04
Pretax Income	1.55	1.39	1.1	1.75	-1.89	-0.82
Income Tax Expense	0.72	0.69	0.49	-0.8	-0.92	0.08
Net Income	0.83	0.7	0.61	2.54	-0.97	-0.9
Net Income to Common	0.83	0.7	0.61	2.54	-0.97	-0.9
Net Income Growth	-10.36%	15.60%	-76.03%	-	-	-
Shares Outstanding (Basic)	34	31	31	17	14	14
Shares Outstanding (Diluted)	35	31	31	17	14	14
Shares Change (YoY)	11.88%	0.85%	85.72%	19.91%	2.68%	-
EPS (Basic)	0.02	0.02	0.02	0.15	-0.07	-0.07
EPS (Diluted)	0.02	0.02	0.02	0.15	-0.07	-0.07
EPS Growth	-21.61%	1.81%	-87.09%	-	-	-
Free Cash Flow	2.95	1.21	2.15	-0.76	2.12	0.6
Free Cash Flow Per Share	0.09	0.04	0.07	-0.05	0.15	0.04
Gross Margin	53.06%	51.28%	50.48%	51.09%	54.59%	53.91%
Operating Margin	9.61%	7.56%	6.53%	-1.24%	1.03%	-3.31%
Profit Margin	2.47%	2.63%	2.40%	11.24%	-7.40%	-11.67%
Free Cash Flow Margin	8.82%	4.52%	8.46%	-3.38%	16.22%	7.75%
EBITDA	5.57	3.46	2.92	1.09	1.14	0.44
EBITDA Margin	16.65%	12.90%	11.48%	4.80%	8.67%	5.73%
D&A For EBITDA	2.36	1.43	1.26	1.37	1	0.7
EBIT	3.22	2.03	1.66	-0.28	0.13	-0.25
EBIT Margin	9.61%	7.56%	6.53%	-1.24%	1.03%	-3.31%
Effective Tax Rate	46.65%	49.37%	44.50%	-	-	-
Advertising Expenses	-	0.42	0.44	0.63	0.29	0.25

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