A
29.45
+3.15%
Close of 9 Nov 2026, in CAD
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At a glance
Figures in CAD, from our data supplier.
Revenue
C$4.90bn
FY2016FY2025
Net income
C$16.0m
FY2016FY2025
Free cash flow
C$54.9m
FY2016FY2025
Shareholders' equity
C$460.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$4.90bn | C$5.35bn | C$6.44bn | C$6.04bn | C$4.65bn | C$3.33bn | C$3.48bn | C$3.15bn | C$3.10bn | C$2.89bn |
| Gross profit | C$330.1m | C$882.3m | C$479.2m | C$1.04bn | C$834.2m | C$547.3m | C$570.5m | C$508.0m | C$518.6m | C$486.1m |
| Operating income | C$135.5m | C$166.4m | C$158.3m | C$254.6m | C$270.1m | C$70.2m | C$76.4m | −C$32.0m | C$121.5m | C$40.9m |
| Net income | C$16.0m | −C$68.2m | C$50.5m | C$85.4m | C$164.2m | −C$6.6m | −C$27.1m | −C$78.1m | C$57.8m | C$2.6m |
| Diluted earnings per share | 0.70 | -2.95 | 2.14 | 3.14 | 5.65 | -0.23 | -0.99 | -2.85 | 2.11 | 0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$2.75bn | C$3.01bn | C$3.16bn | C$2.86bn | C$2.26bn | C$1.90bn | C$1.99bn | C$1.72bn | C$1.76bn | C$1.60bn |
| Cash and short-term investments | C$88.0m | C$67.3m | C$103.1m | C$108.3m | C$102.5m | C$107.7m | C$55.6m | C$25.3m | C$94.7m | C$103.2m |
| Total liabilities | C$2.26bn | C$2.51bn | C$2.59bn | C$2.37bn | C$1.74bn | C$1.54bn | C$1.62bn | C$1.27bn | C$1.22bn | C$1.10bn |
| Debt | C$1.89bn | C$2.01bn | C$2.24bn | C$2.03bn | C$1.45bn | C$1.35bn | C$1.43bn | C$1.08bn | C$976.4m | C$941.7m |
| Shareholders' equity | C$460.5m | C$468.0m | C$534.8m | C$457.9m | C$493.4m | C$341.9m | C$353.6m | C$428.6m | C$488.3m | C$440.1m |
| Shares outstanding | 23m | 23m | 24m | 27m | 29m | 29m | 27m | 27m | 27m | 28m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | C$81.1m | C$31.6m | C$119.5m | C$148.0m | C$112.9m | C$137.9m | C$107.1m | −C$17.0m | C$78.8m | C$104.7m |
| Capital spending | −C$26.2m | −C$34.1m | −C$77.4m | −C$52.7m | −C$34.6m | −C$21.0m | −C$30.6m | −C$26.6m | −C$31.5m | −C$63.7m |
| Free cash flow | C$54.9m | −C$2.4m | C$42.1m | C$95.3m | C$78.4m | C$116.9m | C$76.5m | −C$43.5m | C$47.3m | C$41.0m |
| Dividends paid | — | — | — | — | — | −C$2.7m | −C$11.0m | −C$11.0m | −C$11.0m | −C$15.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$1.42bn | C$1.19bn | C$1.12bn | C$1.20bn | C$1.34bn | C$1.24bn | C$701.9m | C$1.63bn |
| Gross profit | C$87.5m | C$66.5m | C$74.6m | C$187.4m | C$225.4m | C$198.0m | C$138.3m | C$265.0m |
| Operating income | C$41.1m | C$17.3m | C$24.8m | C$25.6m | C$54.7m | C$37.2m | C$66.4m | C$51.4m |
| Net income | C$23.5m | C$4.9m | −C$13.6m | C$16.1m | C$17.4m | −C$3.8m | −C$37.5m | C$6.0m |
| Diluted earnings per share | 0.97 | 0.20 | -0.59 | 0.70 | 0.75 | -0.17 | -1.62 | 0.26 |
| Cash from operations | C$82.0m | −C$83.0m | −C$48.0m | −C$48.0m | C$19.0m | C$18.0m | −C$14.0m | C$2.0m |
| Capital spending | −C$4.0m | −C$14.0m | −C$12.0m | −C$4.0m | −C$7.0m | −C$3.0m | −C$7.0m | −C$5.0m |
| Free cash flow | C$78.0m | −C$97.0m | −C$60.0m | −C$52.0m | C$12.0m | C$15.0m | −C$21.0m | −C$3.0m |
| Total assets | C$2.77bn | C$2.85bn | C$2.75bn | C$2.72bn | C$2.76bn | C$2.94bn | C$3.01bn | C$3.11bn |
| Cash and short-term investments | C$142.3m | C$133.5m | C$88.0m | C$91.9m | C$62.4m | C$101.5m | C$67.3m | C$132.8m |
| Debt | C$1.05bn | C$1.62bn | C$1.91bn | C$1.82bn | C$1.80bn | C$1.95bn | C$2.01bn | C$2.25bn |
| Shareholders' equity | C$467.9m | C$449.6m | C$460.5m | C$484.3m | C$476.5m | C$465.8m | C$468.0m | C$497.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.8% | 8.0% | 5.4% |
| Operating income | -19.0% | 14.1% | 5.6% |
| Net income | -42.7% | — | -3.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 11.8% | 12.0% | 13.4% | 14.5% |
| Operating margin | 2.9% | 3.1% | 3.4% | 2.9% |
| Net margin | -0.5% | 0.4% | 0.8% | 0.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 34.0 | -5.9 | 10.7 | 7.4 | 7.6 | -103.9 | -12.6 | -4.0 | 10.8 | 245.0 |
| Price to sales | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 28 Feb 2020.
| FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.10 | 0.40 | 0.40 | 0.40 | 0.55 | 1.00 | 0.94 | 0.78 |
- 1-to-1 reverse split · 5 Jan 2010
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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