A 
5.81
+7.99%
Close of 9 Nov 2026, in USD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in CAD, from our data supplier.
Revenue
C$1.84bn
FY2018FY2024
Net income
−C$167.0m
FY2018FY2024
Free cash flow
−C$339.0m
FY2018FY2024
Shareholders' equity
C$1.51bn
FY2018FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|
| Revenue | C$1.84bn | C$2.80bn | C$2.78bn | C$3.81bn | C$1.79bn | C$1.96bn | C$2.70bn |
| Gross profit | −C$86.3m | C$306.9m | C$397.0m | C$1.51bn | C$117.8m | −C$73.2m | C$371.2m |
| Operating income | −C$220.9m | C$167.3m | C$290.5m | C$1.41bn | C$32.0m | −C$137.0m | C$303.8m |
| Net income | −C$167.0m | C$105.2m | C$298.5m | C$857.7m | −C$76.1m | −C$175.9m | C$32.2m |
| Diluted earnings per share | -1.54 | 0.79 | 2.03 | 5.80 | -0.68 | -1.57 | 0.29 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|
| Total assets | C$3.19bn | C$2.68bn | C$2.46bn | C$2.69bn | C$1.55bn | C$1.83bn | — |
| Cash and short-term investments | C$266.9m | C$97.9m | C$247.4m | C$915.3m | C$21.2m | C$265.0m | — |
| Total liabilities | C$1.68bn | C$1.17bn | C$993.4m | C$1.11bn | C$1.38bn | C$1.53bn | — |
| Debt | C$657.4m | C$143.9m | C$122.3m | C$95.3m | C$629.4m | C$813.1m | — |
| Shareholders' equity | C$1.51bn | C$1.50bn | C$1.46bn | C$1.58bn | C$173.8m | C$299.9m | — |
| Shares outstanding | 109m | 133m | 147m | 148m | 112m | 112m | 112m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −C$38.9m | C$294.9m | C$177.3m | C$1.26bn | C$8.1m | −C$4.7m | C$275.8m |
| Capital spending | −C$300.1m | −C$490.1m | −C$333.5m | −C$166.2m | −C$71.8m | −C$113.9m | −C$88.5m |
| Free cash flow | −C$339.0m | −C$195.2m | −C$156.2m | C$1.10bn | −C$63.7m | −C$118.6m | C$187.3m |
| Dividends paid | −C$21.5m | −C$27.9m | −C$30.7m | −C$9.3m | — | — | — |
Latest quarters
By quarter end
| Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$523.9m | C$589.7m | C$517.1m | C$590.3m | C$600.3m | C$650.5m | C$620.6m | C$615.4m |
| Gross profit | −C$17.7m | C$20.4m | −C$95.0m | −C$78.1m | −C$34.4m | C$26.2m | C$41.6m | −C$4.9m |
| Operating income | −C$58.4m | −C$21.0m | −C$129.4m | −C$124.8m | −C$83.6m | −C$12.5m | C$3.1m | −C$36.9m |
| Net income | −C$485.1m | −C$110.6m | −C$24.5m | −C$66.5m | −C$106.6m | C$6.1m | C$28.0m | −C$84.8m |
| Diluted earnings per share | -4.46 | -1.02 | -0.23 | -0.61 | -0.98 | 0.05 | 0.21 | -0.78 |
| Total assets | C$2.44bn | C$2.95bn | C$3.09bn | C$3.19bn | C$3.10bn | C$3.12bn | C$2.68bn | C$2.65bn |
| Cash and short-term investments | C$4.5m | C$82.5m | C$226.5m | C$266.9m | C$452.0m | C$493.4m | C$97.9m | C$94.7m |
| Debt | C$733.8m | C$623.0m | C$629.5m | C$632.4m | C$594.0m | C$598.8m | C$127.7m | C$131.2m |
| Shareholders' equity | C$874.4m | C$1.29bn | C$1.48bn | C$1.51bn | C$1.41bn | C$1.54bn | C$1.50bn | C$1.44bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -21.5% | -1.2% | — |
| Operating income | — | 10.0% | — |
| Net income | — | -1.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 4.8% | 19.0% | 14.5% | — |
| Operating margin | -1.2% | 14.7% | 10.3% | — |
| Net margin | -1.3% | 9.8% | 5.6% | — |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|
| Price to earnings | -12.5 | 23.0 | 5.8 | 3.2 |
| Price to sales | 1.1 | 0.9 | 0.6 | 0.7 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -56% | 9% | 61% | -36% | -16% |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 13 May 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Paid in the year | 0.10 | 0.35 | 0.20 | 0.05 |
- 1-to-1 reverse split · 20 Oct 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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