| CAD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 86.2 | 94.7 | 132.5 | 237.9 | 111.6 | 120.2 | +7.7% | |
| Cost of revenue | 31.6 | 28.9 | 50.6 | 129.9 | 0.0 | 0.0 | — | |
| Gross profit | 54.5 | 65.8 | 81.9 | 108.0 | 111.6 | 120.2 | +7.7% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 25.3 | 31.4 | 45.5 | 46.5 | 52.0 | 78.7 | +51.6% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 45.0 | — | |
| Operating expenses | 27.8 | 35.0 | 49.4 | 50.4 | 57.1 | 78.7 | +37.9% | |
| Operating income | 26.8 | 30.8 | 32.5 | 57.6 | 54.8 | 41.5 | −24.3% | |
| Interest expense | 32.0 | 29.3 | 50.2 | 129.3 | 182.8 | 179.5 | −1.8% | |
| Interest income | 86.1 | 89.5 | 126.8 | 229.3 | 285.4 | 295.7 | +3.6% | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | 26.8 | 30.8 | 32.5 | 57.6 | 54.8 | 41.5 | −24.3% | |
| Income tax | 7.3 | 8.4 | 9.9 | 15.5 | 15.0 | 13.0 | −13.4% | |
| Net income | 19.4 | 22.4 | 22.7 | 42.2 | 39.7 | 28.5 | −28.4% | |
| 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) | 0.82 | 0.96 | 0.79 | 1.53 | 1.49 | 0.90 | −39.6% | |
| EPS, diluted (per share) | 0.82 | 0.96 | 0.79 | 1.57 | 1.49 | 0.90 | −39.6% | |
| EBITDA | 27.9 | 32.5 | 34.5 | 59.4 | 57.4 | 44.6 | −22.3% | |
| Depreciation & amortization | 1.1 | 1.7 | 1.9 | 1.8 | 2.6 | 3.1 | +17.7% | |
| Weighted average shares (shares) | 21,123,559 | 21,752,930 | 27,425,479 | 26,904,198 | 26,958,333 | 31,506,701 | +16.9% | |
| Weighted average diluted shares (shares) | 21,123,559 | 21,752,930 | 27,425,479 | 26,273,739 | 25,964,424 | 31,506,701 | +21.3% | |
| Gross margin | 63.3% | 69.5% | 61.8% | 45.4% | 100.0% | 100.0% | +0.0 pts | |
| Operating margin | 31.1% | 32.5% | 24.6% | 24.2% | 49.1% | 34.5% | −14.6 pts | |
| Net margin | 22.5% | 23.6% | 17.1% | 17.7% | 35.6% | 23.7% | −11.9 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.
