| CAD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 227.0 | 308.7 | 388.9 | 328.6 | 267.7 | 155.7 | −41.8% | |
| Cost of revenue | 228.5 | 195.0 | 161.4 | 155.6 | 174.5 | 313.3 | +79.6% | |
| Gross profit | (1.5) | 152.9 | 170.5 | 173.0 | 93.2 | (157.6) | −269.1% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 12.9 | 13.6 | 16.9 | 20.9 | 13.9 | 10.4 | −24.9% | |
| Selling & marketing | 5.3 | 5.3 | 5.9 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 234.3 | 20.1 | 86.4 | 14.1 | 88.7 | 10.4 | −88.2% | |
| Operating income | (235.8) | 334.9 | 141.0 | (23.0) | 4.5 | (168.0) | −3830.2% | |
| Interest expense | 39.1 | 39.9 | 47.8 | 39.2 | 40.6 | 57.4 | +41.4% | |
| Interest income | 0.2 | 0.2 | 3.2 | 2.6 | 2.7 | 1.0 | −63.5% | |
| Other income / expense | (27.6) | (38.0) | (70.6) | (17.5) | (83.7) | (141.2) | −68.7% | |
| Pre-tax income | (263.4) | 296.9 | 70.4 | (40.5) | (79.2) | (309.3) | −290.4% | |
| Income tax | 0.0 | 20.7 | 21.2 | 3.2 | 1.6 | (29.7) | −1949.5% | |
| Net income | (263.4) | 276.2 | 49.2 | (43.7) | (80.8) | (279.5) | −245.8% | |
| 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) | (1.25) | 1.31 | 0.23 | (0.21) | (0.38) | (1.32) | −247.4% | |
| EPS, diluted (per share) | (1.25) | 1.31 | 0.23 | (0.21) | (0.38) | (1.32) | −247.4% | |
| EBITDA | (165.4) | 376.8 | 198.0 | 72.2 | 79.3 | (62.5) | −178.8% | |
| Depreciation & amortization | 63.9 | 40.1 | 58.8 | 73.3 | 77.6 | 105.5 | +36.0% | |
| Weighted average shares (shares) | 210,407,000 | 210,527,000 | 210,879,000 | 207,958,000 | 211,950,000 | 212,369,322 | +0.2% | |
| Weighted average diluted shares (shares) | 210,407,000 | 211,954,000 | 212,741,000 | 211,529,000 | 211,950,000 | 212,369,322 | +0.2% | |
| Gross margin | −0.7% | 49.5% | 43.9% | 52.6% | 34.8% | −101.2% | −136.0 pts | |
| Operating margin | −103.9% | 108.5% | 36.3% | −7.0% | 1.7% | −107.9% | −109.6 pts | |
| Net margin | −116.1% | 89.5% | 12.7% | −13.3% | −30.2% | −179.5% | −149.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
