15.95
-0.25%
Close of 9 Nov 2026, in CAD
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At a glance
Figures in CAD, from our data supplier.
Revenue
C$246.8m
FY2016FY2025
Net income
C$27.4m
FY2016FY2025
Free cash flow
C$42.3m
FY2016FY2025
Shareholders' equity
C$183.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$246.8m | C$229.7m | C$163.0m | C$159.4m | C$159.8m | C$153.4m | C$149.9m | C$146.6m | C$143.9m | C$140.0m |
| Gross profit | C$123.0m | C$118.8m | C$94.1m | C$96.0m | C$97.7m | C$92.9m | C$92.9m | C$91.7m | C$92.0m | C$90.7m |
| Operating income | C$46.1m | C$44.6m | C$31.3m | C$35.0m | C$41.5m | C$36.0m | C$34.2m | C$34.5m | C$35.2m | C$35.0m |
| Net income | C$27.4m | C$23.9m | C$22.0m | C$23.4m | C$30.6m | C$26.7m | C$25.7m | C$25.7m | C$25.6m | C$25.4m |
| Diluted earnings per share | 0.96 | 0.84 | 0.77 | 0.82 | 1.07 | 0.94 | 0.90 | 0.90 | 0.90 | 0.89 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$402.8m | C$420.5m | C$362.6m | C$253.5m | C$254.2m | C$234.4m | C$218.3m | C$230.0m | C$227.8m | C$228.5m |
| Cash and short-term investments | C$15.9m | C$32.0m | C$155.0m | C$52.5m | C$94.4m | C$81.7m | C$61.1m | C$70.0m | C$74.3m | C$85.0m |
| Total liabilities | C$219.5m | C$238.9m | C$182.6m | C$70.3m | C$66.4m | C$61.8m | C$49.2m | C$45.3m | C$50.5m | C$57.7m |
| Debt | C$110.6m | C$140.8m | C$101.6m | C$3.7m | C$4.4m | C$4.9m | — | — | — | — |
| Shareholders' equity | C$183.3m | C$181.6m | C$180.0m | C$183.2m | C$187.8m | C$172.6m | C$169.1m | C$184.7m | C$177.3m | C$170.8m |
| Shares outstanding | 28m | 28m | 28m | 28m | 28m | 29m | 29m | 29m | 29m | 29m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | C$44.8m | C$31.5m | C$35.4m | C$45.5m | C$40.8m | C$49.5m | C$34.0m | C$31.3m | C$27.8m | C$33.3m |
| Capital spending | −C$2.4m | −C$3.3m | −C$4.7m | −C$59.7m | −C$3.2m | −C$3.3m | −C$5.3m | −C$5.0m | −C$3.5m | −C$3.1m |
| Free cash flow | C$42.3m | C$28.2m | C$30.7m | −C$14.2m | C$37.6m | C$46.3m | C$28.8m | C$26.3m | C$24.3m | C$30.2m |
| Dividends paid | −C$25.6m | −C$23.9m | −C$25.1m | −C$26.5m | −C$23.9m | −C$24.5m | −C$37.6m | −C$24.8m | −C$23.3m | −C$39.3m |
Latest quarters
By quarter end
| Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$75.4m | C$72.0m | C$48.0m | C$61.7m | C$65.1m | C$66.5m | C$48.5m | C$56.0m |
| Gross profit | C$36.6m | C$34.1m | C$24.6m | C$31.3m | C$32.9m | C$32.5m | C$25.8m | C$28.9m |
| Operating income | C$16.5m | C$10.4m | C$7.6m | C$13.1m | C$15.0m | C$8.8m | C$9.4m | C$11.9m |
| Net income | C$10.2m | C$6.2m | C$4.0m | C$7.9m | C$9.3m | C$4.8m | C$4.3m | C$7.3m |
| Diluted earnings per share | 0.36 | 0.22 | 0.14 | 0.28 | 0.33 | 0.17 | 0.15 | 0.26 |
| Total assets | C$392.0m | C$402.8m | C$386.4m | C$398.0m | C$397.6m | C$420.5m | C$392.9m | C$409.9m |
| Cash and short-term investments | C$9.0m | C$15.9m | C$5.7m | C$25.4m | C$12.4m | C$32.0m | C$24.0m | C$38.0m |
| Debt | C$103.6m | C$107.4m | C$104.9m | C$110.2m | C$115.5m | C$121.6m | C$122.0m | C$122.2m |
| Shareholders' equity | C$186.9m | C$183.3m | C$183.7m | C$186.2m | C$184.6m | C$181.6m | C$181.1m | C$182.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 15.7% | 10.0% | 6.4% |
| Operating income | 9.6% | 5.1% | 5.4% |
| Net income | 5.4% | 0.5% | 3.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 50.8% | 54.1% | 56.0% | 58.8% |
| Operating margin | 19.0% | 19.6% | 21.1% | 22.0% |
| Net margin | 10.8% | 12.1% | 13.8% | 15.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 15.3 | 14.9 | 16.9 | 19.9 | 15.6 | 18.0 | 17.1 | 20.6 | 25.7 | 25.0 |
| Price to sales | 1.7 | 1.6 | 2.3 | 2.9 | 3.0 | 3.1 | 2.9 | 3.6 | 4.6 | 4.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 11 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.94 | 0.90 | 0.84 | 0.88 | 0.93 | 0.84 | 0.86 | 1.32 |
- 4-for-1 split · 24 Feb 2006
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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