Pizza Pizza Royalty Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Revenue	40.79	39.81	40.22	36.43	31.92	Upgrade
Revenue Growth (YoY)	2.47%	-1.02%	10.41%	14.12%	0.41%	Upgrade
Gross Profit	40.79	39.81	40.22	36.43	31.92	Upgrade
Selling, General & Admin	0.83	0.72	0.64	0.63	0.56	Upgrade
Operating Expenses	0.83	0.72	0.64	0.63	0.56	Upgrade
Operating Income	39.96	39.09	39.58	35.8	31.36	Upgrade
Interest Expense	-1.6	-1.29	-1.28	-1.32	-1.36	Upgrade
Interest & Investment Income	0.2	0.39	0.38	0.08	-	Upgrade
EBT Excluding Unusual Items	38.56	38.19	38.67	34.56	30.01	Upgrade
Pretax Income	38.56	38.19	38.67	34.56	30.01	Upgrade
Income Tax Expense	7.23	7.22	7.7	7.01	6.08	Upgrade
Net Income	31.34	30.97	30.98	27.55	23.92	Upgrade
Net Income to Common	31.34	30.97	30.98	27.55	23.92	Upgrade
Net Income Growth	1.18%	-0.02%	12.44%	15.16%	-2.25%	Upgrade
Shares Outstanding (Basic)	33	33	32	32	32	Upgrade
Shares Outstanding (Diluted)	33	33	32	32	32	Upgrade
Shares Change (YoY)	1.35%	1.77%	0.50%	-	-	Upgrade
EPS (Basic)	0.94	0.94	0.96	0.86	0.74	Upgrade
EPS (Diluted)	0.94	0.94	0.96	0.86	0.74	Upgrade
EPS Growth	-0.17%	-1.75%	11.88%	15.16%	-2.25%	Upgrade
Dividend Per Share	0.930	0.930	0.887	0.797	0.685	Upgrade
Dividend Growth	-	4.79%	11.29%	16.42%	1.65%	Upgrade
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	Upgrade
Operating Margin	97.97%	98.20%	98.40%	98.27%	98.25%	Upgrade
Profit Margin	76.83%	77.80%	77.02%	75.63%	74.95%	Upgrade
EBIT	39.96	39.09	39.58	35.8	31.36	Upgrade
EBIT Margin	97.97%	98.20%	98.40%	98.27%	98.25%	Upgrade
Effective Tax Rate	18.74%	18.90%	19.90%	20.27%	20.27%	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.