| CAD billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 45.0 | 35.3 | 27.0 | 30.9 | 39.1 | 42.2 | +8.0% | |
| Cost of revenue | 1.7 | 0.7 | 3.7 | 9.7 | 39.1 | 0.0 | −100.0% | |
| Gross profit | 43.3 | 35.7 | 23.3 | 21.2 | 33.1 | 42.2 | +27.5% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 10.4 | 11.8 | 8.7 | 10.0 | 0.0 | 0.0 | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 10.4 | 11.8 | 8.7 | 8.0 | 8.6 | 37.4 | +336.7% | |
| Operating income | 3.7 | 4.8 | 2.7 | 5.1 | 5.2 | 4.8 | −8.1% | |
| Interest expense | 0.4 | 0.3 | 0.4 | 0.6 | 0.7 | 0.5 | −20.8% | |
| Interest income | 0.4 | 0.3 | 0.4 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | (0.4) | 0.3 | 0.9 | (17.1) | (0.9) | 0.0 | +100.0% | |
| Pre-tax income | 3.3 | 5.1 | 3.6 | 3.8 | 4.3 | 4.8 | +10.6% | |
| Income tax | 0.5 | 0.7 | 0.5 | 0.5 | 1.0 | 1.0 | −2.3% | |
| Net income | 2.5 | 4.0 | 2.9 | 3.2 | 3.1 | 3.7 | +19.7% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | (0.3) | (0.3) | (0.1) | (0.2) | (0.0) | 0.0 | +100.0% | |
| EPS, basic (per share) | 4.11 | 6.73 | 4.90 | 5.28 | 5.27 | 6.17 | +17.1% | |
| EPS, diluted (per share) | 4.08 | 6.68 | 4.89 | 5.26 | 5.26 | 6.15 | +16.9% | |
| EBITDA | 4.1 | 6.9 | 4.8 | 4.5 | 5.0 | 5.3 | +6.4% | |
| Depreciation & amortization | 0.4 | 0.4 | 0.7 | 0.6 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 585,000,000 | 586,000,000 | 586,000,000 | 586,000,000 | 579,000,000 | 563,000,000 | −2.8% | |
| Weighted average diluted shares (shares) | 589,000,000 | 590,000,000 | 589,000,000 | 589,000,000 | 582,000,000 | 566,000,000 | −2.7% | |
| Gross margin | 96.3% | 101.1% | 86.3% | 68.6% | 84.7% | 100.0% | +15.3 pts | |
| Operating margin | 8.2% | 13.5% | 10.1% | 16.6% | 13.4% | 11.4% | −2.0 pts | |
| Net margin | 5.6% | 11.5% | 10.9% | 10.3% | 8.0% | 8.9% | +0.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
