Firm Capital Mortgage Investment Corporation
TSX:FC.TO · Toronto Stock Exchange
+$0.07 today
Vol 0.05M · Avg 0.06M
Income Statement
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Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
TSX:FC.TO · Revenue to Net Income
Key Ratios
Analysis
$63.6M of revenue converted into $36.1M of net income for the selected period. Gross margin is 87.1% and net margin is 57.2%, showing how much revenue survives after costs and taxes. EPS is $0.98, 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 | $66.7M -2.8% | $68.6M +3.6% | $66.2M +14.1% | $58.0M +28.1% | $45.3M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $4.7M -73.5% | $17.8M -29.9% | $25.4M +42.1% | $17.9M +79.8% | $9.9M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $62.0M +22.0% | $50.8M +24.5% | $40.8M +1.7% | $40.1M +13.5% | $35.4M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 92.9% +18.9pp | 74.1% +12.4pp | 61.6% -7.6pp | 69.2% -8.9pp | 78.1% | 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% | $1.7M -5.1% | $1.8M -44.0% | $3.2M +162.3% | $1.2M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $370.1K +102.2% | -$17.1M -357.4% | $6.6M -15.9% | $7.9M +47.0% | $5.4M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $374.2M | $1.2B | $631.8M |
| EBITDA | $49.9M -14.9% | $58.7M +71.7% | $34.2M +6.0% | $32.2M +7.5% | $30.0M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 74.8% -10.7pp | 85.5% +33.9pp | 51.6% -4.0pp | 55.6% -10.6pp | 66.2% | 5.6% | 46.3% | 42.0% |
| Operating Income | $61.6M -9.3% | $67.9M +98.8% | $34.2M +6.0% | $32.2M +7.5% | $30.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 92.4% -6.6pp | 99.0% +47.4pp | 51.6% -4.0pp | 55.6% -10.6pp | 66.2% | 16.6% | 24.1% | 22.0% |
| Interest Income | $62.7M -4.6% | $65.7M -7.4% | $70.9M +18.9% | $59.6M +26.3% | $47.2M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $12.4M -12.1% | $14.2M -9.9% | $15.7M +5.3% | $14.9M +34.5% | $11.1M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$24.2M +26.1% | -$32.7M | $0 | $0 | $0 | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $37.5M +6.4% | $35.2M +3.1% | $34.2M +6.0% | $32.2M +7.5% | $30.0M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 56.2% +4.8pp | 51.3% -0.3pp | 51.6% -4.0pp | 55.6% -10.6pp | 66.2% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $1.3B | -$1.6B | $745.2M |
| Net Income | $37.5M +6.4% | $35.2M +3.1% | $34.2M +6.0% | $32.2M +7.5% | $30.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 56.2% +4.8pp | 51.3% -0.3pp | 51.6% -4.0pp | 55.6% -10.6pp | 66.2% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 -8.9% | $1 -4.3% | $1 +24.5% | $1 -1.1% | $1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 +2.0% | $1 +1.0% | $1 +5.4% | $1 -1.1% | $1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $36.7M +3.8% | $35.4M +2.6% | $34.5M -15.7% | $40.9M +1.1% | $40.5M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $39.0M -2.4% | $39.9M -2.8% | $41.1M +0.4% | $40.9M +1.1% | $40.5M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
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SEC Filings
Recent regulatory filings
No filings found.
How much revenue does FC.TO generate?
Firm Capital Mortgage Investment Corporation (FC.TO) reported $66.72M of revenue in fiscal 2025.
Is FC.TO profitable?
Firm Capital Mortgage Investment Corporation (FC.TO) reported $37.47M of net income, with a net margin of 56.2%.
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