goeasy Ltd.
TSX:GSY.TO · Toronto Stock Exchange
+$2.20 today
Vol 0.39M · Avg 0.30M
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:GSY.TO · Revenue to Net Income
Key Ratios
Analysis
$1.7B of revenue converted into -$270.8M of net income for the selected period. Gross margin is 73.7% and net margin is -15.1%, showing how much revenue survives after costs and taxes. EPS is $-16.45, 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 | $1.7B +11.4% | $1.5B +21.9% | $1.3B +22.6% | $1.0B +23.3% | $826.7M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $527.7M +11.4% | $473.6M +18.9% | $398.5M +28.1% | $311.1M +17.3% | $265.2M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $1.2B +11.4% | $1.0B +23.3% | $851.6M +20.2% | $708.3M +26.1% | $561.5M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 68.9% -0.0pp | 68.9% +0.8pp | 68.1% -1.4pp | 69.5% +1.6pp | 67.9% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $109.3M +3.8% | $105.2M +7.6% | $97.8M +5.3% | $92.8M +14.7% | $80.9M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $231.7M -47.3% | $440.0M +17.3% | $375.1M -0.2% | $375.9M +34.0% | $280.5M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $82.2M -2.0% | $83.9M -2.8% | $86.3M +6.2% | $81.3M +3.1% | $78.9M | $374.2M | $1.2B | $631.8M |
| EBITDA | $1.0B +10.9% | $919.0M +24.1% | $740.5M +22.6% | $603.9M +27.9% | $472.3M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 60.1% -0.2pp | 60.3% +1.1pp | 59.2% -0.0pp | 59.2% +2.1pp | 57.1% | 5.6% | 46.3% | 42.0% |
| Operating Income | $937.4M +53.8% | $609.7M +27.9% | $476.5M +43.4% | $332.4M +18.3% | $281.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 55.2% +15.2pp | 40.0% +1.9pp | 38.1% +5.5pp | 32.6% -1.4pp | 34.0% | 16.6% | 24.1% | 22.0% |
| Interest Income | $7.0M -41.8% | $12.1M +277.1% | $3.2M +106.1% | $1.6M +164.0% | $589.0K | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 +100.0% | -$4.8M | $0 -100.0% | $93.9M +41.8% | $66.2M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$1.1B -402.9% | -$222.4M -59.3% | -$139.6M -2.1% | -$136.6M -481.1% | $35.9M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$180.9M -146.7% | $387.3M +14.9% | $337.0M +72.1% | $195.8M -38.2% | $316.9M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -10.7% -36.1pp | 25.4% -1.5pp | 27.0% +7.7pp | 19.2% -19.1pp | 38.3% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | -$2.5M -102.4% | $104.2M +17.0% | $89.1M +60.1% | $55.6M -22.7% | $71.9M | $1.3B | -$1.6B | $745.2M |
| Net Income | -$178.4M -163.0% | $283.1M +14.2% | $247.9M +76.9% | $140.2M -42.8% | $244.9M | $4.9B | $4.8B | $4.7B |
| Net Margin | -10.5% -29.1pp | 18.6% -1.2pp | 19.8% +6.1pp | 13.8% -15.9pp | 29.6% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$11 -165.1% | $17 +12.7% | $15 +70.7% | $9 -43.1% | $15 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$11 -166.1% | $16 +12.6% | $14 +72.0% | $8 -42.4% | $15 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $16.5M -3.2% | $17.1M +1.3% | $16.9M +3.6% | $16.3M +0.5% | $16.2M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $16.5M -4.8% | $17.4M +1.5% | $17.1M +2.8% | $16.6M -0.6% | $16.8M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Bitfarms Ltd.
BITF.TO
$4.67B

EQB Inc.
TSX:EQB.TO
$4.60B

Sprott Inc.
TSX:SII.TO
$4.49B
First National Financial Corporation
FN.TO
$2.88B

Trisura Group Ltd.
TSX:TSU.TO
$2.03B

Cymbria Corporation
TSX:CYB.TO
$1.94B
Guardian Capital Group Limited
GCG-A.TO
$1.67B
Guardian Capital Group Limited
GCG.TO
$1.58B
Propel Holdings Inc.
TSX:PRL.TO
$951.37M
ECN Capital Corp.
ECN.TO
$873.37M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does GSY.TO generate?
goeasy Ltd. (GSY.TO) reported $1.70B of revenue in fiscal 2025.
Is GSY.TO profitable?
goeasy Ltd. (GSY.TO) reported -$178,370,000.00 of net income, with a net margin of -10.5%.
Explore More
Continue the stock analysis
Jump to another research area for this company.