T
3.68
—
Close of 9 Nov 2026, in CAD
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At a glance
Figures in CAD, from our data supplier.
Revenue
C$1.63bn
FY2016FY2025
Net income
C$28.6m
FY2016FY2025
Free cash flow
C$55.0m
FY2016FY2025
Shareholders' equity
C$306.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$1.63bn | C$1.63bn | C$1.68bn | C$2.19bn | C$2.22bn | C$1.59bn | C$1.30bn | C$1.45bn | C$1.39bn | C$1.22bn |
| Gross profit | C$176.4m | C$173.3m | C$198.4m | C$291.2m | C$300.2m | C$225.2m | C$129.5m | C$122.0m | C$123.0m | C$107.3m |
| Operating income | C$62.4m | C$66.6m | C$79.2m | C$127.3m | C$133.7m | C$105.2m | C$46.6m | C$36.7m | C$42.7m | C$35.5m |
| Net income | C$28.6m | C$47.6m | C$61.3m | C$88.6m | C$92.7m | C$70.8m | C$25.9m | C$20.3m | −C$3.9m | C$8.0m |
| Diluted earnings per share | 0.26 | 0.44 | 0.57 | 0.82 | 0.86 | 0.65 | 0.23 | 0.18 | -0.05 | 0.25 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$520.5m | C$693.5m | C$624.3m | C$617.8m | C$583.0m | C$474.2m | C$395.0m | C$326.0m | C$270.8m | C$324.1m |
| Cash and short-term investments | C$70.6m | C$192.4m | C$152.8m | C$94.5m | C$69.7m | −C$95.6m | −C$96.5m | −C$22.9m | C$1 | −C$25.5m |
| Total liabilities | C$213.8m | C$239.1m | C$228.9m | C$254.6m | C$315.9m | C$269.1m | C$255.3m | C$207.7m | C$175.0m | C$341.9m |
| Debt | C$103.5m | C$97.4m | C$95.4m | C$97.4m | C$119.3m | C$125.7m | C$169.0m | C$130.2m | C$93.0m | C$259.1m |
| Shareholders' equity | C$306.7m | C$454.4m | C$395.4m | C$363.2m | C$267.1m | C$205.0m | C$139.7m | C$118.3m | C$95.8m | −C$17.9m |
| Shares outstanding | 108m | 108m | 108m | 108m | 108m | 109m | 112m | 116m | 76m | 32m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | C$60.6m | C$48.2m | C$107.5m | C$53.8m | C$118.6m | C$52.2m | C$42.2m | C$34.3m | C$64.2m | C$1.5m |
| Capital spending | −C$5.6m | −C$4.0m | −C$4.7m | −C$4.1m | −C$3.2m | −C$2.8m | −C$1.8m | −C$4.4m | −C$1.5m | −C$2.3m |
| Free cash flow | C$55.0m | C$44.2m | C$102.8m | C$49.7m | C$115.4m | C$49.3m | C$40.4m | C$29.8m | C$62.7m | −C$819,000 |
| Dividends paid | −C$180.0m | — | −C$25.0m | — | −C$30.0m | −C$30.0m | −C$30.0m | −C$30.0m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$426.6m | C$349.2m | C$359.6m | C$431.3m | C$441.0m | C$399.9m | C$389.0m | C$423.9m |
| Gross profit | C$50.2m | C$37.5m | C$41.4m | C$48.2m | C$49.2m | C$37.5m | C$41.3m | C$45.5m |
| Operating income | C$21.9m | C$14.0m | C$11.7m | C$18.4m | C$20.1m | C$13.4m | C$12.4m | C$18.2m |
| Net income | C$16.1m | C$9.0m | −C$9.1m | C$12.8m | C$15.1m | C$9.8m | C$6.6m | C$14.3m |
| Diluted earnings per share | 0.15 | 0.08 | -0.08 | 0.12 | 0.14 | 0.09 | 0.06 | 0.13 |
| Cash from operations | C$15.0m | −C$54.0m | C$35.0m | C$78.0m | C$18.0m | −C$70.0m | C$19.0m | C$95.0m |
| Capital spending | −C$3.0m | −C$3.0m | −C$1.0m | −C$1.0m | −C$1.0m | — | — | −C$1.0m |
| Free cash flow | C$12.0m | −C$57.0m | C$34.0m | C$77.0m | C$17.0m | — | — | C$94.0m |
| Total assets | C$625.2m | C$602.8m | C$520.5m | C$561.5m | C$606.4m | C$701.9m | C$693.5m | C$681.2m |
| Cash and short-term investments | C$70.2m | C$67.3m | C$70.6m | C$36.6m | C$35.5m | C$119.3m | C$192.4m | C$174.4m |
| Debt | C$68.3m | C$75.6m | C$103.5m | C$102.7m | C$177.4m | C$102.4m | C$103.5m | C$102.6m |
| Shareholders' equity | C$337.6m | C$318.3m | C$306.7m | C$308.3m | C$292.2m | C$465.9m | C$454.4m | C$439.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -9.4% | 0.5% | 1.8% |
| Operating income | -21.2% | -9.9% | 4.4% |
| Net income | -31.4% | -16.6% | 9.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 10.7% | 11.8% | 12.5% | 11.1% |
| Operating margin | 4.0% | 4.7% | 5.2% | 4.4% |
| Net margin | 2.3% | 3.2% | 3.6% | 2.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 13.5 | 8.7 | 5.0 | 3.7 | 3.1 | 3.5 | 5.0 | 6.6 | -27.2 | 4.1 |
| Price to sales | 0.2 | 0.3 | 0.2 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 24 Jun 2025.
| FY2025 | FY2023 | FY2021 | FY2013 | FY2010 | FY2008 | FY2007 | FY2006 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.668 | 0.232 | 0.276 | 0.029 | 0.092 | 0.135 | 0.243 | 0.17 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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