| CAD billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 34.4 | 32.5 | 37.3 | 68.0 | 78.6 | 78.1 | −0.5% | |
| Cost of revenue | 12.3 | 5.6 | 11.3 | 38.4 | 50.3 | 45.7 | −9.2% | |
| Gross profit | 22.1 | 26.9 | 25.9 | 29.6 | 28.3 | 32.5 | +14.9% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 9.7 | 10.1 | 8.6 | 12.3 | 11.7 | 12.8 | +9.5% | |
| Selling & marketing | 0.0 | 0.4 | 0.5 | 0.8 | 0.8 | 0.8 | −3.7% | |
| Operating expenses | 15.7 | 16.6 | 8.1 | 23.7 | 18.7 | 20.9 | +11.7% | |
| Operating income | 6.3 | 10.3 | 17.9 | 5.9 | 9.5 | 11.6 | +21.1% | |
| Interest expense | 9.3 | 5.6 | 11.0 | 36.9 | 46.5 | 42.1 | −9.6% | |
| Interest income | 23.3 | 19.9 | 26.9 | 55.6 | 66.0 | 63.5 | −3.7% | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | 6.3 | 10.3 | 17.9 | 5.9 | 9.5 | 11.6 | +21.1% | |
| Income tax | 1.3 | 2.5 | 4.3 | 1.5 | 2.2 | 2.8 | +27.9% | |
| Net income | 5.1 | 7.8 | 13.5 | 4.4 | 7.3 | 8.7 | +19.0% | |
| 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) | 7.56 | 11.60 | 20.04 | 5.77 | 9.53 | 11.46 | +20.3% | |
| EPS, diluted (per share) | 7.55 | 11.58 | 19.99 | 5.76 | 9.51 | 11.44 | +20.3% | |
| EBITDA | 8.0 | 11.8 | 19.4 | 8.0 | 11.6 | 13.7 | +17.9% | |
| Depreciation & amortization | 1.6 | 1.6 | 1.5 | 2.1 | 2.1 | 2.2 | +3.3% | |
| Weighted average shares (shares) | 675,099,000 | 647,163,000 | 663,990,000 | 709,364,000 | 727,738,000 | 721,926,000 | −0.8% | |
| Weighted average diluted shares (shares) | 642,128,000 | 648,676,000 | 665,707,000 | 710,515,000 | 728,535,000 | 723,267,000 | −0.7% | |
| Gross margin | 64.2% | 82.8% | 69.6% | 43.6% | 36.0% | 41.6% | +5.6 pts | |
| Operating margin | 18.5% | 31.6% | 48.0% | 8.7% | 12.1% | 14.8% | +2.6 pts | |
| Net margin | 14.8% | 23.9% | 36.3% | 6.5% | 9.3% | 11.1% | +1.8 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in CAD; the shares trade in USD.
