| CAD billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 25.1 | 23.2 | 31.3 | 55.5 | 64.0 | 62.0 | −3.1% | |
| Cost of revenue | 9.0 | 3.4 | 10.5 | 34.2 | 40.5 | 35.3 | −12.7% | |
| Gross profit | 16.2 | 19.8 | 20.8 | 21.3 | 23.5 | 26.7 | +13.4% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 6.2 | 6.7 | 7.5 | 7.9 | 8.6 | 9.7 | +12.3% | |
| Selling & marketing | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | +15.7% | |
| Operating expenses | 11.3 | 11.5 | 12.8 | 14.3 | 14.4 | 15.7 | +9.6% | |
| Operating income | 4.9 | 8.3 | 8.0 | 7.0 | 9.2 | 10.9 | +19.3% | |
| Interest expense | 6.5 | 3.3 | 9.5 | 32.2 | 38.5 | 33.0 | −14.3% | |
| Interest income | 17.5 | 14.7 | 22.2 | 45.0 | 52.2 | 48.8 | −6.6% | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | 4.9 | 8.3 | 8.0 | 7.0 | 9.2 | 10.9 | +19.3% | |
| Income tax | 1.1 | 1.9 | 1.7 | 1.9 | 2.0 | 2.5 | +23.5% | |
| Net income | 3.8 | 6.4 | 6.2 | 5.0 | 7.1 | 8.4 | +18.5% | |
| 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) | 4.12 | 6.98 | 6.70 | 5.17 | 7.29 | 8.62 | +18.2% | |
| EPS, diluted (per share) | 4.11 | 6.96 | 6.68 | 5.17 | 7.28 | 8.57 | +17.7% | |
| EBITDA | 6.2 | 9.3 | 9.0 | 8.1 | 10.3 | 12.1 | +17.2% | |
| Depreciation & amortization | 1.3 | 1.0 | 1.0 | 1.1 | 1.2 | 1.2 | +0.7% | |
| Weighted average shares (shares) | 890,870,000 | 897,906,000 | 903,312,000 | 915,631,000 | 939,352,000 | 935,374,000 | −0.4% | |
| Weighted average diluted shares (shares) | 892,042,000 | 900,365,000 | 905,684,000 | 916,223,000 | 941,712,000 | 940,675,000 | −0.1% | |
| Gross margin | 64.3% | 85.2% | 66.5% | 38.4% | 36.7% | 43.0% | +6.3 pts | |
| Operating margin | 19.5% | 35.8% | 25.5% | 12.6% | 14.3% | 17.6% | +3.3 pts | |
| Net margin | 15.1% | 27.7% | 19.9% | 9.0% | 11.1% | 13.6% | +2.5 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.
