Dividend 15 Split Corp. II
TSX:DF.TO · Toronto Stock Exchange
+$0.08 today
Vol 0.04M · Avg 0.08M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
TSX:DF.TO · Revenue to Net Income
Key Ratios
Analysis
$50.7M of revenue converted into $142.4M of net income for the selected period. Gross margin is 429.2% and net margin is 375.8%, showing how much revenue survives after costs and taxes. EPS is $5.95, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $32.8M +82.4% | $18.0M -31.0% | $26.0M +37.2% | $19.0M +200.7% | $6.3M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $3.1M +2.5% | $3.0M -11.4% | $3.4M -14.9% | $4.0M +61.9% | $2.5M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $29.7M -73.1% | $110.3M +1662.5% | -$7.1M -170.8% | $10.0M +159.9% | $3.8M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 90.5% -523.6pp | 614.2% +641.3pp | -27.1% -79.7pp | 52.5% -8.3pp | 60.8% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $0 -100.0% | $422.3K -42.0% | $727.7K -18.2% | $889.5K +5.9% | $839.7K | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | -$31.8M -4290.1% | $759.4K -31.7% | $1.1M -17.8% | $1.4M +18.9% | $1.1M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $374.2M | $1.2B | $631.8M |
| EBITDA | $63.4M -42.1% | $109.5M +1440.6% | -$8.2M -194.8% | $8.6M -80.3% | $43.8M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 193.5% -416.4pp | 609.9% +641.3pp | -31.4% -76.8pp | 45.4% -648.5pp | 693.9% | 5.6% | 46.3% | 42.0% |
| Operating Income | $61.5M -43.9% | $109.5M +1440.6% | -$8.2M -194.8% | $8.6M -80.3% | $43.8M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 187.7% -422.3pp | 609.9% +641.3pp | -31.4% -76.8pp | 45.4% -648.5pp | 693.9% | 16.6% | 24.1% | 22.0% |
| Interest Income | $15.6M +2209.2% | $675.7K -65.4% | $2.0M +268.4% | $530.5K | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $16.4M | $0 | $0 | $0 | $0 | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$14.5M -2.5% | -$14.1M +16.6% | -$16.9M +10.2% | -$18.9M -63.9% | -$11.5M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $47.0M -50.7% | $95.4M +480.0% | -$25.1M -145.3% | -$10.2M -131.7% | $32.3M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 143.4% -387.8pp | 531.2% +627.7pp | -96.4% -42.5pp | -53.9% -565.6pp | 511.7% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $1.3B | -$1.6B | $745.2M |
| Net Income | $47.0M -50.7% | $95.4M +480.0% | -$25.1M -145.3% | -$10.2M -131.7% | $32.3M | $4.9B | $4.8B | $4.7B |
| Net Margin | 143.4% -387.8pp | 531.2% +627.7pp | -96.4% -42.5pp | -53.9% -565.6pp | 511.7% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $2 -47.8% | $4 +565.5% | -$1 -147.1% | -$0 -116.8% | $2 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $2 -47.8% | $4 +565.5% | -$1 -147.1% | -$0 -116.8% | $2 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $23.0M -5.8% | $24.4M -18.0% | $29.8M +86.2% | $16.0M +0.0% | $16.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $23.0M -5.8% | $24.4M -18.0% | $29.8M +86.2% | $16.0M +0.0% | $16.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Stack Capital Group Inc.
TSX:STCK.TO
$326.40M

Premium Income Corporation
TSX:PIC-A.TO
$228.94M

Global Dividend Growth Split Corp.
TSX:GDV.TO
$223.92M

Goldmoney Inc.
TSX:XAU.TO
$193.11M

Currency Exchange International, Corp.
TSX:CXI.TO
$161.57M

Canadian Life Companies Split Corp.
TSX:LFE.TO
$139.04M
Real Estate Split Corp.
TSX:RS.TO
$118.11M

Brompton Lifeco Split Corp.
TSX:LCS.TO
$94.34M
Base Carbon Inc.
BCBN.NE
$72.61M
Prime Dividend Corp.
PDV.TO
$8.32M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does DF.TO generate?
Dividend 15 Split Corp. II (DF.TO) reported $32.76M of revenue in fiscal 2025.
Is DF.TO profitable?
Dividend 15 Split Corp. II (DF.TO) reported $46.99M of net income, with a net margin of 143.4%.
Explore More
Continue the stock analysis
Jump to another research area for this company.