T 
Tidewater Midstream and Infrastructure TWM.TO · CAD
Energy · Toronto Stock Exchange · 🇨🇦 Canada
21.69
+0.88%
Close of 9 Nov 2026, in CAD
Search any instrument
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$1.32bn
FY2016FY2025
Net income
−C$112.2m
FY2016FY2025
Free cash flow
−C$11.8m
FY2016FY2025
Shareholders' equity
C$182.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$1.32bn | C$1.64bn | C$2.21bn | C$2.88bn | C$1.70bn | C$979.4m | C$692.3m | C$324.3m | C$221.8m | C$109.9m |
| Gross profit | −C$28.9m | C$107.4m | C$59.6m | C$147.0m | C$85.3m | C$74.1m | C$21.6m | C$38.4m | C$44.8m | C$29.7m |
| Operating income | −C$52.6m | C$62.9m | −C$5.6m | C$96.6m | C$125.2m | C$48.4m | C$954,000 | C$27.9m | C$29.4m | C$19.5m |
| Net income | −C$112.2m | −C$26.6m | −C$385.9m | C$18.9m | C$71.5m | −C$35.2m | −C$15.5m | C$20.3m | C$12.9m | C$15.1m |
| Diluted earnings per share | -5.19 | -1.24 | -18.07 | 0.89 | 3.44 | -1.64 | -0.89 | 1.19 | 0.76 | 0.91 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$1.11bn | C$1.24bn | C$1.60bn | C$2.27bn | C$1.97bn | C$1.86bn | C$2.03bn | C$1.23bn | C$934.6m | C$580.4m |
| Cash and short-term investments | C$1.1m | C$100,000 | C$336.7m | C$17.0m | C$15.8m | C$9.9m | C$5.8m | C$6.0m | C$52.5m | C$8.0m |
| Total liabilities | C$888.2m | C$908.0m | C$1.26bn | C$1.53bn | C$1.33bn | C$1.43bn | C$1.58bn | C$775.9m | C$493.2m | C$205.5m |
| Debt | C$574.7m | C$572.8m | C$373.5m | C$917.3m | C$889.7m | C$1.04bn | C$1.01bn | C$347.2m | C$181.7m | C$50.0m |
| Shareholders' equity | C$182.2m | C$290.6m | C$305.9m | C$703.3m | C$616.7m | C$426.7m | C$448.6m | C$452.7m | C$441.4m | C$374.9m |
| Shares outstanding | 22m | 22m | 21m | 21m | 21m | 21m | 17m | 17m | 17m | 17m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | C$10.8m | −C$33.5m | C$137.5m | C$242.9m | C$126.7m | C$205.6m | C$91.5m | C$25.7m | C$84.1m | C$22.6m |
| Capital spending | −C$22.6m | −C$44.9m | −C$292.6m | −C$349.3m | −C$116.9m | −C$71.0m | −C$481.3m | −C$315.7m | −C$144.3m | −C$49.6m |
| Free cash flow | −C$11.8m | −C$78.4m | −C$155.1m | −C$106.4m | C$9.9m | C$134.6m | −C$389.8m | −C$290.1m | −C$60.2m | −C$26.9m |
| Dividends paid | — | — | −C$17.0m | −C$14.5m | −C$13.6m | −C$13.5m | −C$13.3m | −C$13.2m | −C$12.7m | −C$10.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$552.1m | C$385.6m | C$314.1m | C$353.9m | C$340.6m | C$309.9m | C$362.0m | C$377.7m |
| Gross profit | C$95.1m | C$41.2m | −C$7.8m | −C$4.1m | C$300,000 | −C$11.4m | C$3.2m | C$28.8m |
| Operating income | C$85.6m | C$30.9m | −C$21.6m | −C$18.3m | −C$4.3m | −C$14.9m | C$14.4m | C$16.5m |
| Net income | C$15.0m | −C$27.1m | −C$30.0m | −C$34.1m | −C$16.3m | −C$31.8m | −C$3.3m | −C$7.3m |
| Diluted earnings per share | 0.56 | -1.01 | -1.39 | -1.58 | -0.75 | -1.47 | -0.15 | -0.34 |
| Cash from operations | C$70.0m | −C$5.0m | C$16.0m | −C$3.0m | C$47.0m | −C$14.0m | C$16.0m | −C$48.0m |
| Capital spending | −C$3.0m | −C$3.0m | −C$6.0m | −C$7.0m | −C$4.0m | −C$3.0m | −C$11.0m | −C$3.0m |
| Free cash flow | C$67.0m | −C$8.0m | C$10.0m | −C$10.0m | C$43.0m | −C$17.0m | C$5.0m | −C$51.0m |
| Total assets | C$1.17bn | C$1.17bn | C$1.11bn | C$1.14bn | C$1.11bn | C$1.19bn | C$1.24bn | C$1.25bn |
| Cash and short-term investments | C$800,000 | — | C$1.1m | C$2.1m | C$300,000 | C$100,000 | C$100,000 | C$100,000 |
| Debt | C$526.5m | C$568.8m | C$584.0m | C$594.7m | C$560.0m | C$575.6m | C$572.8m | C$580.0m |
| Shareholders' equity | C$172.2m | C$156.5m | C$182.2m | C$211.6m | C$244.6m | C$259.6m | C$290.6m | C$301.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -22.9% | 6.1% | 50.9% |
| Net income | — | 26.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 2.7% | 3.5% | 4.1% | 4.9% |
| Operating margin | 0.3% | 1.3% | 2.6% | 3.0% |
| Net margin | -4.7% | -6.3% | -4.4% | -3.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.0 | -2.4 | -0.4 | 7.3 | 2.5 | -3.2 | -8.5 | 7.1 | 13.0 | 11.4 |
| Price to sales | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.4 | 0.8 | 1.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 28 Sept 2023.
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.60 | 0.80 | 1.00 | 0.80 | 0.80 | 0.80 | 0.80 | 0.80 |
- 20-to-1 reverse split · 2 Sept 2025
- 20-to-1 reverse split · 28 Aug 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.