21.86
+3.55%
Close of 9 Nov 2026, in CAD
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At a glance
Figures in CAD, from our data supplier.
Revenue
C$456.9m
FY2016FY2025
Net income
C$34.8m
FY2016FY2025
Free cash flow
C$16.3m
FY2016FY2025
Shareholders' equity
C$397.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$456.9m | C$403.0m | C$393.5m | C$324.5m | C$339.6m | C$179.9m | C$185.9m | C$165.9m | C$153.4m | C$152.6m |
| Gross profit | C$163.8m | C$183.8m | C$174.5m | C$138.1m | C$111.6m | C$72.2m | C$77.0m | C$67.9m | C$66.9m | C$81.1m |
| Operating income | C$73.6m | C$54.8m | C$98.8m | C$42.8m | C$24.3m | C$3.3m | −C$4.2m | −C$9.8m | −C$21.7m | −C$21.2m |
| Net income | C$34.8m | C$25.7m | C$30.4m | C$26.4m | C$20.4m | −C$2.4m | −C$7.0m | −C$11.4m | −C$95.4m | −C$64.2m |
| Diluted earnings per share | 0.51 | 0.41 | 0.50 | 0.45 | 0.34 | -0.04 | -0.13 | -0.21 | -1.73 | -1.38 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$1.02bn | C$748.6m | C$647.6m | C$649.4m | C$530.3m | C$511.9m | C$422.6m | C$403.3m | C$430.9m | C$531.7m |
| Cash and short-term investments | C$24.7m | C$13.3m | C$6.5m | C$8.3m | C$4.6m | C$3.7m | C$4.3m | C$3.2m | C$2.5m | C$6.1m |
| Total liabilities | C$620.9m | C$421.5m | C$353.7m | C$376.9m | C$283.5m | C$285.2m | C$207.4m | C$178.5m | C$202.8m | C$224.2m |
| Debt | C$382.5m | C$262.7m | C$211.7m | C$249.1m | C$179.7m | C$198.6m | C$126.3m | C$90.1m | C$115.1m | C$110.7m |
| Shareholders' equity | C$397.5m | C$323.2m | C$290.1m | C$268.5m | C$234.5m | C$212.7m | C$213.8m | C$223.4m | C$226.1m | C$303.1m |
| Shares outstanding | 68m | 62m | 60m | 59m | 60m | 58m | 55m | 55m | 55m | 46m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | C$117.0m | C$111.4m | C$133.0m | C$70.8m | C$71.1m | C$50.0m | C$36.7m | C$39.2m | C$31.3m | C$69.7m |
| Capital spending | −C$100.7m | −C$109.2m | −C$69.1m | −C$54.2m | −C$37.9m | −C$36.0m | −C$33.5m | −C$17.4m | −C$23.6m | −C$15.2m |
| Free cash flow | C$16.3m | C$2.1m | C$63.9m | C$16.6m | C$33.3m | C$14.1m | C$3.1m | C$21.7m | C$7.8m | C$54.5m |
| Dividends paid | −C$8.7m | −C$7.3m | −C$4.8m | −C$3.9m | −C$1.4m | −C$725,000 | −C$725,000 | −C$725,000 | −C$9.2m | −C$15.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$129.2m | C$130.0m | C$144.0m | C$105.3m | C$105.4m | C$102.2m | C$132.7m | C$101.2m |
| Gross profit | C$35.5m | C$38.8m | C$47.7m | C$43.1m | C$47.8m | C$44.3m | C$55.3m | C$36.8m |
| Operating income | C$5.3m | C$10.6m | C$22.7m | C$20.7m | C$13.6m | C$11.3m | C$20.0m | C$17.3m |
| Net income | C$914,000 | C$2.7m | C$7.6m | C$12.2m | C$9.2m | C$5.8m | C$9.3m | C$7.4m |
| Diluted earnings per share | 0.01 | 0.04 | 0.11 | 0.18 | 0.14 | 0.09 | 0.15 | 0.12 |
| Cash from operations | C$16.0m | C$16.0m | C$42.0m | C$17.0m | C$28.0m | C$35.0m | C$30.0m | C$27.0m |
| Capital spending | −C$23.0m | −C$15.0m | −C$34.0m | −C$18.0m | −C$32.0m | −C$17.0m | −C$14.0m | −C$22.0m |
| Free cash flow | −C$7.0m | C$1.0m | C$8.0m | −C$1.0m | −C$4.0m | C$18.0m | C$16.0m | C$5.0m |
| Total assets | C$1.08bn | C$1.03bn | C$1.02bn | C$784.2m | C$761.5m | C$753.3m | C$748.6m | C$745.5m |
| Cash and short-term investments | C$27.0m | C$18.7m | C$24.7m | C$9.8m | C$8.6m | C$12.7m | C$13.3m | C$15.1m |
| Debt | C$387.3m | C$357.7m | C$390.7m | C$235.5m | C$267.1m | C$265.1m | C$272.3m | C$278.5m |
| Shareholders' equity | C$408.9m | C$406.3m | C$397.5m | C$376.0m | C$318.6m | C$323.3m | C$323.2m | C$305.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 12.1% | 20.5% | 4.9% |
| Operating income | 19.8% | 85.8% | 10.3% |
| Net income | 9.7% | — | 15.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 40.4% | 41.8% | 40.2% | 41.9% |
| Operating margin | 14.9% | 17.1% | 14.2% | 8.8% |
| Net margin | 7.0% | 7.4% | 6.4% | -1.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 28.5 | 22.8 | 16.2 | 10.8 | 13.0 | -66.3 | -16.8 | -10.1 | -1.4 | -3.3 |
| Price to sales | 2.2 | 1.4 | 1.3 | 0.9 | 0.8 | 0.9 | 0.6 | 0.7 | 0.9 | 1.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 29 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.135 | 0.15 | 0.145 | 0.09 | 0.065 | 0.025 | 0.175 | 0.35 |
- 2-for-1 split · 23 Aug 2011
- 1-to-1 reverse split · 6 Jan 2010
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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