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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	36.6	35.76	26.83	25.41	22.64	13.1
Revenue Growth (YoY)	27.49%	33.30%	5.58%	12.26%	72.85%	70.47%
Cost of Revenue	16.97	16.7	13.07	12.58	11.07	5.95
Gross Profit	19.63	19.06	13.76	12.83	11.56	7.15
Selling, General & Admin	13.23	12.83	10.53	9.79	10.39	5.82
Operating Expenses	15.22	14.82	11.73	11.17	11.85	7.01
Operating Income	4.4	4.24	2.03	1.66	-0.28	0.13
Interest Expense	-1.77	-1.77	-0.66	-0.6	-6.68	-1.66
Interest & Investment Income	0.11	0.11	0.2	0.15	-	-
Currency Exchange Gain (Loss)	-0.02	-0.02	-0.05	-0.02	-0.04	0.01
Other Non Operating Income (Expenses)	-0.16	-0.18	-0.12	-0.09	8.75	-0.31
EBT Excluding Unusual Items	2.57	2.38	1.39	1.1	1.75	-1.82
Other Unusual Items	-	-	-	-	-	-0.07
Pretax Income	2.57	2.38	1.39	1.1	1.75	-1.89
Income Tax Expense	0.79	0.72	0.69	0.49	-0.8	-0.92
Net Income	1.77	1.66	0.7	0.61	2.54	-0.97
Net Income to Common	1.77	1.66	0.7	0.61	2.54	-0.97
Net Income Growth	192.94%	135.11%	15.60%	-76.03%	-	-
Shares Outstanding (Basic)	36	34	31	31	17	14
Shares Outstanding (Diluted)	36	34	31	31	17	14
Shares Change (YoY)	12.85%	9.26%	0.85%	85.72%	19.91%	2.68%
EPS (Basic)	0.05	0.05	0.02	0.02	0.15	-0.07
EPS (Diluted)	0.05	0.05	0.02	0.02	0.15	-0.07
EPS Growth	192.94%	142.28%	1.81%	-87.09%	-	-
Free Cash Flow	-	3.31	1.21	2.15	-0.76	2.12
Free Cash Flow Per Share	-	0.10	0.04	0.07	-0.05	0.15
Gross Margin	53.63%	53.30%	51.28%	50.48%	51.09%	54.59%
Operating Margin	12.03%	11.85%	7.56%	6.53%	-1.24%	1.03%
Profit Margin	4.85%	4.63%	2.63%	2.40%	11.24%	-7.40%
Free Cash Flow Margin	-	9.26%	4.52%	8.46%	-3.38%	16.22%
EBITDA	6.89	6.73	3.46	2.92	1.09	1.14
EBITDA Margin	18.83%	18.83%	12.90%	11.48%	4.80%	8.67%
D&A For EBITDA	2.49	2.49	1.43	1.26	1.37	1
EBIT	4.4	4.24	2.03	1.66	-0.28	0.13
EBIT Margin	12.03%	11.85%	7.56%	6.53%	-1.24%	1.03%
Effective Tax Rate	30.83%	30.31%	49.37%	44.50%	-	-
Advertising Expenses	-	0.41	0.42	0.44	0.63	0.29

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