| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 138.5 | 165.3 | 210.2 | 205.5 | 217.6 | 468.5 | +115.2% | |
| Cost of revenue | 83.0 | 105.0 | 133.5 | 141.0 | 145.7 | 416.9 | +186.2% | |
| Gross profit | 55.5 | 60.3 | 76.7 | 64.5 | 72.0 | 51.6 | −28.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 22.5 | 28.0 | 26.8 | 27.5 | 33.6 | 23.3 | −30.6% | |
| Selling & marketing | 9.8 | 17.9 | 16.2 | 15.1 | 19.4 | 0.0 | −100.0% | |
| Operating expenses | 56.3 | 38.1 | 53.2 | 55.8 | 63.6 | 23.3 | −63.4% | |
| Operating income | 2.6 | 22.2 | 23.6 | 8.7 | 8.3 | 28.3 | +239.5% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 13.5 | — | |
| Interest income | 1.7 | 0.1 | 1.1 | 0.8 | 7.1 | 0.0 | −100.0% | |
| Other income / expense | 0.0 | 7.5 | 1.4 | 9.6 | (30.3) | (135.0) | −345.4% | |
| Pre-tax income | (1.1) | 29.7 | 24.9 | 18.3 | (22.0) | (106.7) | −385.5% | |
| Income tax | (2.2) | 15.7 | 18.7 | 12.1 | 9.5 | 14.4 | +52.2% | |
| Net income | 1.2 | 14.0 | 6.2 | 6.1 | (31.5) | (121.2) | −285.0% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 0.01 | 0.08 | 0.03 | 0.03 | (0.13) | (0.43) | −230.8% | |
| EPS, diluted (per share) | 0.01 | 0.08 | 0.03 | 0.03 | (0.13) | (0.43) | −230.8% | |
| EBITDA | 32.7 | 32.9 | 50.8 | 37.9 | 39.6 | 104.7 | +164.1% | |
| Depreciation & amortization | 30.1 | 25.5 | 27.2 | 29.8 | 32.0 | 76.4 | +139.1% | |
| Weighted average shares (shares) | 150,911,458 | 174,437,500 | 206,706,890 | 204,100,000 | 242,124,939 | 283,078,000 | +16.9% | |
| Weighted average diluted shares (shares) | 154,039,714 | 170,663,883 | 185,349,634 | 197,764,799 | 242,181,449 | 283,078,000 | +16.9% | |
| Gross margin | 40.1% | 36.5% | 36.5% | 31.4% | 33.1% | 11.0% | −22.1 pts | |
| Operating margin | 1.9% | 13.4% | 11.2% | 4.2% | 3.8% | 6.0% | +2.2 pts | |
| Net margin | 0.8% | 8.4% | 3.0% | 3.0% | −14.5% | −25.9% | −11.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in CAD.
