Also trades as: GNLAF (OTC) · $vol 0M

C$3.46 ($2.43)

+0.09 (+2.67%)

Weekly Expected Move ±3.1%

C$3 C$3 C$3 C$4 C$4

TSX · Real Estate · Real Estate - Development · Tech Score Neutral · Power 48 · C$194.7M mcap · 13M float · 0.015% daily turnover

Revenue

$381M +5.6% ▲

5Y CAGR: +29.7%

Gross Profit

$101M +4.6% ▲

5Y CAGR: +45.1%

Operating Income

$60M -2.5% ▼

5Y CAGR: +134.9%

Net Income

$39M -0.9% ▼

EPS (Diluted)

$0.69 -1.4% ▼

EBITDA

$63M +5.4% ▲

5Y CAGR: +99.4%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$110M	$140M	$203M	$361M	$381M
YoY Growth	+5.6%	+27.9%	+44.9%	+77.6%	+5.6%
Cost of Revenue	$78M	$113M	$157M	$265M	$280M
Gross Profit	$32M	$27M	$47M	$97M	$101M
Gross Margin	29.0%	19.3%	22.9%	26.7%	26.5%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$17M	$21M	$27M	$37M	$41M
Operating Expenses	$17M	$21M	$25M	$35M	$41M
Operating Income	$15M	$7M	$21M	$62M	$60M
Operating Margin	13.9%	5.1%	10.4%	17.2%	15.8%
Interest Expense	$971K	$1M	$4M	$7M	$8M
Income Before Tax	$14M	$6M	$18M	$56M	$55M
Tax Expense	$3M	$2M	$4M	$12M	$13M
Net Income	$11M	$5M	$15M	$40M	$39M
Net Margin	9.9%	3.2%	7.1%	11.0%	10.3%
EPS (Diluted)	$0.24	$0.08	$0.26	$0.70	$0.69
EBITDA	$15M	$7M	$19M	$60M	$63M
Shares Outstanding	45M	57M	57M	57M	57M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$93M	$105M	$58M	$71M	$117M	$135M	$51M	$75M
Cost of Revenue	$66M	$73M	$40M	$53M	$89M	$97M	$40M	$58M
Gross Profit	$27M	$32M	$18M	$19M	$28M	$37M	$11M	$17M
Gross Margin	28.8%	30.3%	30.8%	26.2%	23.5%	27.7%	22.0%	22.7%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$9M	$10M	$9M	$10M	$12M	$10M	$9M	$10M
Operating Expenses	$9M	$8M	$8M	$10M	$11M	$10M	$9M	$10M
Operating Income	$17M	$24M	$10M	$9M	$16M	$27M	$2M	$7M
Operating Margin	18.7%	23.0%	16.4%	12.5%	13.9%	20.2%	3.7%	8.8%
Interest Expense	$2M	$2M	$2M	$2M	$2M	$2M	$2M	$2M
Income Before Tax	$15M	$22M	$8M	$7M	$14M	$25M	-$106K	$4M
Tax Expense	$4M	$5M	$2M	$1M	$3M	$6M	-$27K	$1M
Net Income	$12M	$13M	$6M	$7M	$9M	$18M	$819K	$4M
Net Margin	12.9%	12.1%	10.4%	9.4%	7.3%	13.3%	1.6%	5.7%
EPS (Diluted)	$0.21	$0.22	$0.11	$0.12	$0.15	$0.32	$0.01	$0.08
EBITDA	$17M	$24M	$10M	$9M	$17M	$27M	$2M	$6M
Shares Outstanding	57M	57M	57M	57M	57M	57M	56M	56M

GDC.TO TSX