| CAD billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 31.3 | 30.9 | 31.1 | 31.8 | 29.5 | 73.2 | +148.2% | |
| Cost of revenue | 0.0 | 0.0 | 0.0 | 0.0 | 46.5 | 40.8 | −12.2% | |
| Gross profit | 31.3 | 30.9 | 31.1 | 31.8 | 29.6 | 32.4 | +9.5% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 9.1 | 8.9 | 9.3 | 10.2 | 10.5 | 11.5 | +9.8% | |
| Selling & marketing | 0.4 | 0.4 | 0.5 | 0.6 | 0.6 | 0.7 | +9.4% | |
| Operating expenses | (23.0) | (18.4) | (3.0) | 31.8 | 19.6 | 21.9 | +11.4% | |
| Operating income | 8.3 | 12.5 | 28.1 | 8.7 | 13.2 | 10.5 | −20.3% | |
| Interest expense | 12.4 | 8.0 | 15.4 | 38.5 | 42.4 | 36.1 | −14.9% | |
| Interest income | 29.7 | 25.0 | 33.6 | 56.8 | 61.7 | 57.6 | −6.6% | |
| Other income / expense | (2.8) | (2.6) | (2.4) | 1.1 | (3.3) | (0.4) | +86.7% | |
| Pre-tax income | 8.4 | 12.8 | 12.9 | 9.8 | 9.9 | 10.5 | +5.9% | |
| Income tax | 1.5 | 2.9 | 2.8 | 2.2 | 2.0 | 2.8 | +35.4% | |
| Net income | 6.8 | 9.6 | 9.9 | 7.4 | 7.8 | 7.8 | +0.4% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.2 | 0.3 | 0.3 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 5.43 | 7.74 | 8.05 | 5.84 | 5.94 | 5.69 | −4.2% | |
| EPS, diluted (per share) | 5.30 | 7.70 | 8.02 | 5.81 | 5.86 | 5.69 | −2.9% | |
| EBITDA | 9.7 | 14.0 | 14.2 | 11.5 | 10.6 | 12.1 | +14.7% | |
| Depreciation & amortization | 1.5 | 1.5 | 1.5 | 1.8 | 1.8 | 1.6 | −8.9% | |
| Weighted average shares (shares) | 1,212,000,000 | 1,214,000,000 | 1,199,000,000 | 1,197,000,000 | 1,226,000,000 | 1,244,000,000 | +1.5% | |
| Weighted average diluted shares (shares) | 1,243,000,000 | 1,225,000,000 | 1,208,000,000 | 1,204,000,000 | 1,232,000,000 | 1,245,000,000 | +1.1% | |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.3% | 44.3% | −56.0 pts | |
| Operating margin | 26.6% | 40.4% | 90.3% | 27.3% | 44.7% | 14.4% | −30.4 pts | |
| Net margin | 21.7% | 31.1% | 31.8% | 23.3% | 26.3% | 10.6% | −15.7 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.
