SIR Royalty Income Fund 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
Other Revenue	11.1	10.66	11.07	40.95	4.12	Upgrade
Revenue	11.1	10.66	11.07	40.95	4.12	Upgrade
Revenue Growth (YoY)	4.07%	-3.73%	-72.96%	892.97%	-	Upgrade
Cost of Revenue	-1.5	-5.5	-12.25	-8	-3	Upgrade
Gross Profit	12.6	16.16	23.32	48.95	7.12	Upgrade
Selling, General & Admin	0.51	0.6	0.59	0.63	0.57	Upgrade
Operating Expenses	0.51	0.6	0.59	0.63	0.57	Upgrade
Operating Income	12.09	15.56	22.73	48.33	6.56	Upgrade
Other Non Operating Income (Expenses)	0.01	-	-	-	-	Upgrade
Pretax Income	12.09	15.56	22.73	48.33	6.56	Upgrade
Income Tax Expense	3.63	3.53	3.62	3.92	1.64	Upgrade
Net Income	8.47	12.03	19.11	44.41	4.91	Upgrade
Net Income to Common	8.47	12.03	19.11	44.41	4.91	Upgrade
Net Income Growth	-29.62%	-37.07%	-56.96%	804.40%	-	Upgrade
Shares Outstanding (Basic)	8	8	8	8	8	Upgrade
Shares Outstanding (Diluted)	8	9	10	10	10	Upgrade
Shares Change (YoY)	-10.55%	-2.22%	-0.94%	-6.57%	23.54%	Upgrade
EPS (Basic)	1.01	1.44	2.28	5.30	0.59	Upgrade
EPS (Diluted)	1.01	1.40	2.14	4.75	0.58	Upgrade
EPS Growth	-28.10%	-34.34%	-54.94%	716.13%	-	Upgrade
Dividend Per Share	1.175	1.140	1.140	-	0.500	Upgrade
Dividend Growth	3.07%	-	-	-	185.71%	Upgrade
Gross Margin	113.52%	151.59%	210.61%	119.53%	172.74%	Upgrade
Operating Margin	108.95%	145.93%	205.28%	118.01%	158.95%	Upgrade
Profit Margin	76.30%	112.82%	172.59%	108.44%	119.06%	Upgrade
EBIT	12.09	15.56	22.73	48.33	6.56	Upgrade
EBIT Margin	108.95%	145.93%	205.28%	118.01%	158.95%	Upgrade
Effective Tax Rate	30.01%	22.69%	15.93%	8.11%	25.09%	Upgrade

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