Also trades as: SII.TO (TSX) · $vol 8M

$116.31

+0.64 (+0.55%)

Weekly Expected Move ±5.3%

$104 $110 $116 $122 $129

NYSE · Financial Services · Asset Management · Tech Score Sell · Power 41 · $3.0B mcap · 24M float · 0.733% daily turnover · Short 42% of daily vol

Revenue

$405M +140.5% ▲

5Y CAGR: +28.8%

Gross Profit

$370M +358.1% ▲

5Y CAGR: +45.5%

Operating Income

$134M +123.6% ▲

5Y CAGR: +27.9%

Net Income

$94M +90.7% ▲

5Y CAGR: +28.4%

EPS (Diluted)

$3.64 +90.6% ▲

5Y CAGR: +27.0%

EBITDA

$131M +76.7% ▲

5Y CAGR: +26.9%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$165M	$154M	$141M	$168M	$405M
YoY Growth	+44.2%	-6.5%	-8.3%	+19.0%	+140.5%
Cost of Revenue	$86M	$88M	$84M	$88M	$35M
Gross Profit	$78M	$67M	$58M	$81M	$370M
Gross Margin	47.6%	43.2%	40.7%	48.0%	91.4%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$15M	$16M	$17M	$19M	$0
Operating Expenses	$19M	$19M	$19M	$21M	$236M
Operating Income	$59M	$47M	$38M	$60M	$134M
Operating Margin	35.9%	30.7%	27.0%	35.5%	33.0%
Interest Expense	$1M	$3M	$4M	$3M	$2M
Income Before Tax	$45M	$25M	$50M	$69M	$126M
Tax Expense	$12M	$7M	$8M	$20M	$32M
Net Income	$33M	$18M	$42M	$49M	$94M
Net Margin	20.1%	11.4%	29.6%	29.3%	23.2%
EPS (Diluted)	$1.28	$0.65	$1.60	$1.91	$3.64
EBITDA	$51M	$31M	$57M	$74M	$131M
Shares Outstanding	26M	26M	26M	26M	26M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$45M	$37M	$42M	$62M	$58M	$107M	$142M	$79M
Cost of Revenue	$21M	$23M	$22M	$37M	$43M	$66M	$95M	$29M
Gross Profit	$24M	$15M	$20M	$25M	$15M	$41M	$47M	$51M
Gross Margin	53.4%	39.2%	47.0%	40.0%	25.5%	38.6%	33.3%	63.6%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$5M	$5M	$4M	$5M	$4M	$5M	$6M	$5M
Operating Expenses	$5M	$6M	$5M	$5M	$5M	$6M	$7M	$6M
Operating Income	$19M	$9M	$15M	$19M	$10M	$36M	$41M	$45M
Operating Margin	42.1%	24.4%	35.8%	31.2%	16.6%	33.2%	28.7%	56.4%
Interest Expense	$933K	$613K	$280K	$286K	$261K	$395K	$301K	$291K
Income Before Tax	$18M	$16M	$16M	$19M	$17M	$38M	$42M	$46M
Tax Expense	$6M	$5M	$4M	$5M	$4M	$10M	$13M	$12M
Net Income	$13M	$12M	$12M	$14M	$13M	$29M	$29M	$34M
Net Margin	28.1%	31.3%	28.7%	21.7%	22.7%	26.8%	20.6%	43.1%
EPS (Diluted)	$0.49	$0.45	$0.46	$0.53	$0.70	$1.13	$1.12	$1.33
EBITDA	$20M	$18M	$17M	$20M	$18M	$40M	$43M	$47M
Shares Outstanding	26M	18M	26M	19M	26M	26M	26M	26M

SII NYSE