Labrador Iron Ore Royalty Corporation (TSX:LIF)

Labrador Iron Ore Royalty Income Statement

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	180.96	207.51	200.17	232.32	279.47	201.93
Revenue Growth (YoY)	-14.24%	3.67%	-13.84%	-16.87%	38.40%	14.00%
Cost of Revenue	6.31	6.26	6.02	6.42	6.17	6.19
Gross Profit	174.65	201.25	194.15	225.9	273.3	195.74
Selling, General & Admin	3.08	3.06	3.05	3.09	3	3.13
Other Operating Expenses	35.87	41.17	39.71	46.14	55.56	40.03
Operating Expenses	38.95	44.23	42.77	49.24	58.56	43.15
Operating Income	135.69	157.02	151.38	176.66	214.73	152.59
Interest & Investment Income	1.22	1.5	1.13	0.54	0.26	0.37
Earnings From Equity Investments	13.36	60.64	84.68	154.1	229.59	126.02
Pretax Income	150.27	219.16	237.2	331.31	444.58	278.98
Income Tax Expense	36.79	44.12	50.89	65.86	64.81	51.78
Net Income	113.48	175.04	186.31	265.45	379.77	227.2
Net Income to Common	113.48	175.04	186.31	265.45	379.77	227.2
Net Income Growth	-46.06%	-6.05%	-29.82%	-30.10%	67.16%	10.64%
Shares Outstanding (Basic)	64	64	64	64	64	64
Shares Outstanding (Diluted)	64	64	64	64	64	64
Shares Change (YoY)	0.03%	-0.03%	0.03%	-	-	-
EPS (Basic)	1.77	2.73	2.91	4.15	5.93	3.55
EPS (Diluted)	1.77	2.73	2.91	4.15	5.93	3.55
EPS Growth	-46.08%	-6.01%	-29.84%	-30.10%	67.16%	10.64%
Dividend Per Share	2.250	3.000	2.550	3.100	6.000	2.550
Dividend Growth	-23.73%	17.65%	-17.74%	-48.33%	135.29%	155.00%
Gross Margin	96.51%	96.98%	96.99%	97.23%	97.79%	96.94%
Operating Margin	74.98%	75.67%	75.63%	76.04%	76.84%	75.56%
Profit Margin	62.71%	84.35%	93.08%	114.26%	135.89%	112.51%
EBIT	135.69	157.02	151.38	176.66	214.73	152.59
EBIT Margin	74.98%	75.67%	75.63%	76.04%	76.84%	75.56%
Effective Tax Rate	24.48%	20.13%	21.45%	19.88%	14.58%	18.56%
Revenue as Reported	182.18	209	201.3	232.86	279.73	202.29

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.