| CAD billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 54.6 | 47.7 | 59.4 | 102.3 | 119.2 | 115.8 | −2.8% | |
| Cost of revenue | 18.6 | 5.2 | 14.7 | 53.7 | 67.2 | 59.1 | −12.1% | |
| Gross profit | 36.0 | 42.5 | 44.7 | 48.6 | 52.0 | 56.8 | +9.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 16.0 | 16.3 | 17.6 | 22.2 | 24.9 | 26.0 | +4.3% | |
| Selling & marketing | 1.2 | 1.2 | 1.4 | 1.5 | 1.5 | 1.6 | +8.4% | |
| Operating expenses | 24.1 | 25.4 | 23.3 | 34.8 | 40.5 | 32.8 | −18.9% | |
| Operating income | 11.9 | 17.1 | 21.4 | 13.8 | 11.5 | 23.9 | +107.6% | |
| Interest expense | 11.3 | 5.5 | 13.7 | 50.7 | 62.9 | 54.6 | −13.3% | |
| Interest income | 35.8 | 29.6 | 41.0 | 80.7 | 93.4 | 87.6 | −6.2% | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | 11.9 | 17.1 | 21.4 | 13.8 | 11.5 | 23.9 | +107.6% | |
| Income tax | 1.2 | 3.6 | 4.0 | 3.1 | 2.7 | 3.4 | +26.7% | |
| Net income | 11.9 | 14.3 | 17.4 | 10.6 | 8.8 | 20.5 | +132.3% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 1.1 | 0.8 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 6.43 | 7.73 | 9.48 | 5.53 | 4.73 | 11.57 | +144.6% | |
| EPS, diluted (per share) | 6.43 | 7.72 | 9.47 | 5.52 | 4.72 | 11.56 | +144.9% | |
| EBITDA | 14.1 | 19.2 | 23.2 | 15.7 | 13.6 | 26.1 | +92.6% | |
| Depreciation & amortization | 2.1 | 2.1 | 1.8 | 1.9 | 2.0 | 2.2 | +6.9% | |
| Weighted average shares (shares) | 1,807,300,000 | 1,817,700,000 | 1,810,500,000 | 1,822,500,000 | 1,758,800,000 | 1,716,700,000 | −2.4% | |
| Weighted average diluted shares (shares) | 1,808,800,000 | 1,820,200,000 | 1,813,600,000 | 1,824,400,000 | 1,760,000,000 | 1,718,900,000 | −2.3% | |
| Gross margin | 66.0% | 89.0% | 75.2% | 47.5% | 43.6% | 49.0% | +5.4 pts | |
| Operating margin | 21.8% | 35.9% | 36.0% | 13.4% | 9.7% | 20.7% | +11.0 pts | |
| Net margin | 21.8% | 30.0% | 29.3% | 10.4% | 7.4% | 17.7% | +10.3 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.
