S
3.44
+1.78%
Close of 9 Nov 2026, in CAD
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At a glance
Figures in CAD, from our data supplier.
Revenue
C$274.8m
FY2016FY2025
Net income
C$12.0m
FY2016FY2025
Free cash flow
C$19.1m
FY2016FY2025
Shareholders' equity
C$108.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$274.8m | C$281.0m | C$302.2m | C$272.5m | C$226.4m | C$204.6m | C$191.7m | C$195.1m | C$179.1m | C$160.6m |
| Gross profit | C$52.7m | C$79.4m | C$87.2m | C$75.1m | C$53.1m | C$57.2m | C$47.9m | C$48.8m | C$48.7m | C$46.1m |
| Operating income | C$15.5m | −C$4.1m | C$28.9m | C$40.7m | C$23.3m | C$18.1m | C$13.6m | C$1.1m | C$18.1m | C$20.9m |
| Net income | C$12.0m | −C$11.7m | C$17.3m | C$28.4m | C$15.8m | C$7.5m | C$7.1m | −C$4.8m | C$12.4m | C$14.6m |
| Diluted earnings per share | 0.47 | -0.46 | 0.68 | 1.09 | 0.60 | 0.27 | 0.25 | -0.17 | 0.44 | 0.51 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$273.1m | C$237.0m | C$263.8m | C$260.6m | C$206.4m | C$186.6m | C$179.6m | C$159.7m | C$157.9m | C$132.5m |
| Cash and short-term investments | C$3.1m | C$1.8m | C$1.1m | C$1.9m | C$6.4m | C$3.0m | C$2.2m | C$308,941 | C$706,190 | C$2.0m |
| Total liabilities | C$164.9m | C$122.0m | C$139.2m | C$136.2m | C$109.0m | C$107.6m | C$103.2m | C$84.0m | C$71.4m | C$50.2m |
| Debt | C$200.8m | C$87.9m | C$89.3m | C$88.1m | C$67.6m | C$75.7m | C$81.6m | C$53.9m | C$85.7m | C$53.8m |
| Shareholders' equity | C$108.2m | C$115.0m | C$134.7m | C$124.3m | C$97.4m | C$79.0m | C$76.5m | C$75.7m | C$86.5m | C$82.3m |
| Shares outstanding | 26m | 25m | 26m | 26m | 26m | 28m | 28m | 28m | 28m | 29m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | C$20.6m | C$32.1m | C$43.9m | C$26.9m | C$30.0m | C$37.0m | C$20.2m | C$11.9m | C$15.9m | C$21.6m |
| Capital spending | −C$1.5m | −C$1.7m | −C$6.3m | −C$3.1m | −C$3.9m | −C$2.6m | −C$6.5m | −C$8.6m | −C$8.4m | −C$2.4m |
| Free cash flow | C$19.1m | C$30.4m | C$37.6m | C$23.8m | C$26.1m | C$34.4m | C$13.7m | C$3.4m | C$7.5m | C$19.2m |
| Dividends paid | −C$17.2m | −C$4.2m | −C$3.6m | −C$3.5m | −C$3.5m | −C$3.7m | −C$7.3m | −C$7.4m | −C$6.8m | −C$6.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$71.6m | C$74.8m | C$72.9m | C$65.7m | C$66.0m | C$70.2m | C$69.1m | C$69.4m |
| Gross profit | C$71.6m | C$16.2m | C$14.2m | C$10.7m | C$66.0m | C$70.2m | C$10.7m | C$13.7m |
| Operating income | C$2.5m | C$5.2m | C$4.4m | C$2.5m | C$692,000 | C$3.8m | C$8.8m | −C$22.5m |
| Net income | C$968,000 | C$785,000 | C$1.3m | C$9.1m | −C$309,000 | C$1.9m | C$5.8m | −C$23.0m |
| Diluted earnings per share | 0.04 | 0.03 | 0.05 | 0.36 | -0.01 | 0.07 | 0.23 | -0.91 |
| Cash from operations | C$4.0m | −C$1.0m | C$14.0m | — | — | C$6.0m | C$9.0m | C$7.0m |
| Capital spending | — | −C$1.0m | — | — | — | — | — | — |
| Free cash flow | — | −C$2.0m | — | — | — | — | — | — |
| Total assets | C$306.8m | C$256.3m | C$273.1m | C$237.7m | C$228.4m | C$235.4m | C$237.0m | C$246.2m |
| Cash and short-term investments | C$3.5m | C$4.0m | C$3.1m | C$2.6m | C$2.1m | C$2.4m | C$1.8m | C$3.2m |
| Debt | C$43.5m | C$14.3m | C$111.4m | C$104.2m | C$81.6m | C$87.3m | C$93.2m | C$94.9m |
| Shareholders' equity | C$108.9m | C$108.3m | C$108.2m | C$109.0m | C$112.9m | C$115.2m | C$115.0m | C$109.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.3% | 6.1% | 6.8% |
| Operating income | -27.5% | -3.0% | -3.8% |
| Net income | -24.9% | 9.9% | -2.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 23.8% | 26.0% | 25.9% | 26.5% |
| Operating margin | 2.1% | 7.2% | 7.8% | 8.2% |
| Net margin | 0.1% | 4.1% | 4.4% | 4.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 7.8 | -8.1 | 6.3 | 5.3 | 4.6 | 7.6 | 9.6 | -14.5 | 10.3 | 9.8 |
| Price to sales | 0.3 | 0.3 | 0.4 | 0.6 | 0.3 | 0.3 | 0.4 | 0.4 | 0.7 | 0.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 4 Dec 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.70 | 0.17 | 0.14 | 0.135 | 0.065 | 0.26 | 0.26 | 0.245 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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