| CAD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (263.4) | 276.2 | 49.2 | (43.7) | (80.8) | (279.5) | −245.8% | |
| Depreciation & amortization | 65.0 | (203.4) | 82.3 | 80.4 | 84.6 | 105.5 | +24.6% | |
| Stock-based compensation | 1.0 | 0.9 | 1.9 | 1.4 | 0.8 | 0.0 | −100.0% | |
| Change in working capital | 5.4 | (21.4) | (27.7) | (24.2) | (10.2) | 36.9 | +462.3% | |
| Operating cash flow | 51.7 | 112.6 | 172.6 | 143.4 | 79.4 | (19.6) | −124.7% | |
| Capital expenditure | (38.8) | (43.8) | (60.4) | (83.3) | (80.5) | (111.9) | −39.1% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (53.7) | (53.7) | (64.6) | (85.1) | (80.3) | (114.5) | −42.5% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 34.4 | (33.3) | (80.8) | (24.3) | (0.0) | 130.0 | +317292.7% | |
| Financing cash flow | 2.0 | (69.8) | (115.5) | (24.3) | (16.0) | 130.0 | +915.2% | |
| Free cash flow | 12.9 | 68.8 | 112.2 | 60.1 | (1.0) | (131.5) | −12679.5% | |
| Net change in cash | 0.4 | (10.2) | (7.8) | 12.4 | (18.1) | (9.2) | +49.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
