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TMX Group Limited

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 1.7B 1.5B 1.2B 1.1B --
Operating Revenue 1.7B 1.5B 1.2B 1.1B --
Cost Of Revenue 592.0M 501.3M 414.0M 365.6M --
Gross Profit 1.1B 958.8M 780.1M 749.3M --
Selling General And Administration 173.5M 150.9M 127.6M 112.7M --
Depreciation And Amortization In Income Statement 180.7M 165.6M 112.5M 113.8M --
Operating Expense 354.2M 316.5M 240.1M 226.5M --
Operating Income 771.0M 642.3M 540.0M 522.8M --
EBIT 1.9B 2.3B 2.3B 1.5B --
Interest Expense 1.3B 1.6B 1.7B 785.8M --
Interest Expense Non Operating 1.3B 1.6B 1.7B 785.8M --
Interest Income 1.2B 1.5B 1.7B 754.9M --
Interest Income Non Operating 1.2B 1.5B 1.7B 754.9M --
Net Interest Income -76.7M -85.5M -24.1M -30.8M --
Other Income Expense -52.5M 112.8M 1.5M 178.3M --
Other Non Operating Income Expenses -900,000 57.1M 1.3M 177.9M --
Special Income Charges -11.6M 4.8M 2.8M 0.00 --
Restructuring And Mergern Acquisition 11.6M -4.8M -2.8M 0.00 --
Gain On Sale Of Security -38.6M 52.0M -3.0M 1.7M --
Earnings From Equity Interest -1.4M -1.1M 400,000 -1.3M --
Pretax Income 641.8M 669.6M 517.4M 670.3M --
Tax Provision 163.8M 142.7M 129.2M 88.5M --
Tax Effect Of Unusual Items -12.8M 12.1M -49,942 224,452 --
Net Income From Continuing And Discontinued Operation 415.7M 481.5M 356.0M 542.7M --
Net Income From Continuing Operation Net Minority Interest 415.7M 481.5M 356.0M 542.7M --
Net Income Including Noncontrolling Interests 478.0M 526.9M 388.2M 581.8M --
Minority Interests -62.3M -45.4M -32.2M -39.1M --
Net Income Common Stockholders 415.7M 481.5M 356.0M 542.7M --
Net Income 415.7M 481.5M 356.0M 542.7M --
EBITDA 2.1B 2.5B 2.4B 1.6B --
Normalized EBITDA 2.2B 2.4B 2.4B 1.6B --
Reconciled Depreciation 180.7M 165.6M 112.5M 113.8M --
Basic EPS 1.49 1.74 1.28 1.95 --
Diluted EPS 1.49 1.73 1.28 1.94 --
Basic Average Shares 278.1M 277.4M 278.2M 278.7M --
Diluted Average Shares 279.6M 278.7M 279.0M 280.0M --
Total Unusual Items -50.2M 56.8M -200,000 1.7M --
Total Unusual Items Excluding Goodwill -50.2M 56.8M -200,000 1.7M --
Tax Rate For Calcs 0.26 0.21 0.25 0.13 --
Normalized Income 453.1M 436.8M 356.2M 541.2M --
Depreciation Amortization Depletion Income Statement 180.7M 165.6M 112.5M 113.8M --
Diluted NI Availto Com Stockholders 415.7M 481.5M 356.0M 542.7M --
Net Income Continuous Operations 478.0M 526.9M 388.2M 581.8M --
Net Non Operating Interest Income Expense -76.7M -85.5M -24.1M -30.8M --
Reconciled Cost Of Revenue 592.0M 501.3M 414.0M 365.6M --
Total Expenses 946.2M 817.8M 654.1M 592.1M --
Total Operating Income As Reported 771.0M 642.3M 540.0M 522.8M --
Total Other Finance Cost -- 1.2M -100,000 -100,000 100,000
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 348.3M 325.0M 301.1M 375.7M --
Cash Cash Equivalents And Short Term Investments 512.9M 433.4M 419.6M 493.1M --
Cash Equivalents 38.8M 70.4M 110.0M 84.6M --
Cash Financial 309.5M 254.6M 191.1M 291.1M --
Other Short Term Investments 164.6M 108.4M 118.5M 117.4M --
Accounts Receivable 200.3M 158.4M 124.1M 128.9M --
Receivables 339.5M 271.2M 202.9M 167.9M --
Prepaid Assets 42.8M 43.6M 33.9M 26.4M --
Other Current Assets 42.0B 31.7B 57.5B 49.3B --
Current Assets 43.1B 32.7B 58.4B 50.3B --
Gross PPE 224.2M 212.7M 192.7M 183.6M --
Accumulated Depreciation -66.8M -64.7M -53.3M -43.2M --
Net PPE 157.4M 148.0M 139.4M 140.4M --
Goodwill 2.7B 2.6B 1.8B 1.8B --
Goodwill And Other Intangible Assets 7.3B 7.3B 5.5B 5.5B --
Other Intangible Assets 4.7B 4.7B 3.7B 3.7B --
Investments And Advances 21.0M 18.7M 262.5M 15.5M --
Long Term Equity Investment 1.7M 2.5M 255.4M 10.0M --
Other Non Current Assets 4.5M 7.8M 3.5M 1.2M --
Total Non Current Assets 7.6B 7.5B 5.9B 5.7B --
Total Assets 50.7B 40.2B 64.3B 56.0B --
Current Debt 512.1M 225.5M 606.6M 264.0M --
Current Debt And Capital Lease Obligation 523.1M 235.6M 617.2M 274.4M --
Accounts Payable 98.4M 80.5M 79.0M 67.1M --
Payables 530.8M 486.8M 416.9M 367.2M --
Payables And Accrued Expenses 554.5M 510.6M 419.9M 373.0M --
Current Accrued Expenses 23.7M 23.8M 3.0M 5.8M --
Current Deferred Revenue 48.9M 29.0M 23.4M 20.5M --
Other Current Liabilities 42.0B 31.7B 57.5B 49.3B --
Current Liabilities 43.1B 32.5B 58.6B 50.0B --
Long Term Debt 1.5B 1.8B 448.5M 747.8M --
Long Term Debt And Capital Lease Obligation 1.6B 1.9B 533.6M 835.4M --
Long Term Capital Lease Obligation 100.5M 94.6M 85.1M 87.6M --
Other Non Current Liabilities 200,000 -- 200,000 100,000 600,000
Total Non Current Liabilities Net Minority Interest 2.6B 2.9B 1.5B 1.8B --
Total Liabilities Net Minority Interest 45.7B 35.4B 60.0B 51.8B --
Common Stock 2.8B 2.8B 2.8B 2.8B --
Capital Stock 2.8B 2.8B 2.8B 2.8B --
Additional Paid In Capital 11.8M 10.7M 11.1M 10.9M --
Retained Earnings 1.8B 1.6B 1.3B 1.2B --
Gains Losses Not Affecting Retained Earnings 126.1M 148.2M -12.7M -33.1M --
Common Stock Equity 4.8B 4.6B 4.1B 4.0B --
Stockholders Equity 4.8B 4.6B 4.1B 4.0B --
Total Equity Gross Minority Interest 5.0B 4.8B 4.3B 4.2B --
Minority Interest 214.3M 244.7M 214.1M 220.2M --
Total Capitalization 6.3B 6.4B 4.6B 4.7B --
Net Tangible Assets -2.6B -2.7B -1.4B -1.5B --
Tangible Book Value -2.6B -2.7B -1.4B -1.5B --
Working Capital 2.2M 195.6M -176.3M 250.1M --
Invested Capital 6.8B 6.6B 5.2B 5.0B --
Total Debt 2.2B 2.2B 1.2B 1.1B --
Net Debt 1.7B 1.7B 754.0M 636.1M --
Share Issued 278.2M 277.8M 276.6M 278.4M --
Ordinary Shares Number 278.2M 277.8M 276.6M 278.4M --
Allowance For Doubtful Accounts Receivable -3.1M -3.7M -2.9M -3.2M --
Available For Sale Securities 19.3M 16.2M 7.1M 5.5M --
Capital Lease Obligations 111.5M 104.7M 95.7M 98.0M --
Commercial Paper -- -- -- 0.00 0.00
Current Capital Lease Obligation 11.0M 10.1M 10.6M 10.4M --
Current Deferred Liabilities 48.9M 29.0M 23.4M 20.5M --
Current Provisions 1.0M 4.5M 1.7M 1.1M --
Defined Pension Benefit 53.1M 41.4M 27.9M 22.3M --
Employee Benefits 43.0M 36.9M 26.5M 26.9M --
Gross Accounts Receivable 203.4M 162.1M 127.0M 132.1M --
Hedging Assets Current 500,000 0.00 1.5M 200,000 --
Income Tax Payable 19.0M 30.5M 9.3M 8.8M --
Interest Payable 23.7M 23.8M 3.0M 5.8M --
Investmentin Financial Assets 19.3M 16.2M 7.1M 5.5M --
Line Of Credit 2.8M 800,000 12.6M 14.1M --
Long Term Provisions 39.8M 27.3M 3.2M 7.6M --
Non Current Deferred Assets 35.9M 20.0M 15.3M 23.6M --
Non Current Deferred Liabilities 885.5M 877.8M 870.9M 878.2M --
Non Current Deferred Revenue 700,000 600,000 1.0M 1.4M --
Non Current Deferred Taxes Assets 35.9M 20.0M 15.3M 23.6M --
Non Current Deferred Taxes Liabilities 884.8M 877.2M 869.9M 876.8M --
Non Current Note Receivables -- -- -- -- 0.00
Non Current Prepaid Assets 6.0M 10.8M 900,000 -- --
Other Current Borrowings 509.3M 224.7M 594.0M 249.9M --
Other Payable 163.8M 136.9M 93.0M 54.0M --
Other Properties 224.2M 212.7M 192.7M 183.6M --
Other Receivables 112.9M 102.1M 66.9M 27.6M --
Restricted Cash 244.7M 236.5M 231.7M 234.1M --
Taxes Receivable 26.3M 10.7M 11.9M 11.4M --
Total Tax Payable 268.6M 269.4M 244.9M 246.1M --
Tradeand Other Payables Non Current 14.3M 17.0M 16.6M 15.1M --
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 764.8M 623.4M 524.9M 444.1M --
Cash Flow From Continuing Operating Activities 764.8M 623.4M 524.9M 444.1M --
Depreciation And Amortization 180.7M 165.6M 112.5M 113.8M --
Depreciation Amortization Depletion 180.7M 165.6M 112.5M 113.8M --
Stock Based Compensation 2.0M 2.0M 2.0M 2.1M --
Change In Working Capital 3.0M -45.3M 1.8M -58.8M --
Change In Receivables -48.6M -41.4M -41.8M -3.3M --
Change In Payables And Accrued Expense 32.1M 8.3M 49.5M -57.9M --
Change In Payable 32.1M 8.3M 49.5M -57.9M --
Change In Other Working Capital 19.5M -12.2M -5.9M 2.4M --
Other Non Cash Items 127.8M -28.4M 23.0M -148.8M --
Capital Expenditure -121.2M -73.7M -65.2M -51.9M --
Purchase Of PPE -121.2M -73.7M -65.2M -51.9M --
Net PPE Purchase And Sale -121.2M -73.7M -65.2M -51.9M --
Purchase Of Business -81.8M -1.1B -244.9M -11.2M --
Sale Of Business -- -- -- 56.2M --
Net Investment Purchase And Sale -56.2M 10.1M -1.1M -40.1M --
Investing Cash Flow -246.3M -1.2B -289.3M -41.4M --
Cash Flow From Continuing Investing Activities -246.3M -1.2B -289.3M -41.4M --
Issuance Of Debt 2.0M 1.9B 44.2M 0.00 --
Repayment Of Debt -83.0M -1.0B -12.2M -9.7M --
Net Issuance Payments Of Debt -81.0M 868.9M 32.0M 2.4M --
Repurchase Of Capital Stock -- 0.00 -79.9M -74.3M -84.4M
Net Common Stock Issuance -- 0.00 -79.9M -74.3M -84.4M
Common Stock Dividend Paid -233.6M -208.1M -196.9M -185.1M --
Common Stock Payments -- 0.00 -79.9M -74.3M -84.4M
Financing Cash Flow -477.6M 562.6M -309.2M -292.9M --
Cash Flow From Continuing Financing Activities -477.6M 562.6M -309.2M -292.9M --
Effect Of Exchange Rate Changes -4.9M 8.5M -1.0M 1.6M --
Changes In Cash 40.9M 15.4M -73.6M 109.8M --
Beginning Cash Position 325.0M 301.1M 375.7M 264.3M --
End Cash Position 361.0M 325.0M 301.1M 375.7M --
Free Cash Flow 643.6M 549.7M 459.7M 392.2M --
Cash Dividends Paid -233.6M -208.1M -196.9M -185.1M --
Dividends Received Cfi -- 0.00 2.8M 0.00 5.7M
Earnings Losses From Equity Investments 1.4M 1.1M -400,000 1.3M --
Interest Paid Cff -89.9M -83.9M -47.2M -37.0M --
Interest Received Cfi 12.9M 20.5M 19.1M 5.6M --
Long Term Debt Issuance 0.00 1.9B 44.2M 0.00 --
Long Term Debt Payments -67.8M -935.2M -10.6M -9.7M --
Net Business Purchase And Sale -81.8M -1.1B -244.9M 45.0M --
Net Foreign Currency Exchange Gain Loss -- -- -- -700,000 -400,000
Net Income From Continuing Operations 641.8M 669.6M 517.4M 670.3M --
Net Long Term Debt Issuance -67.8M 956.9M 33.6M -9.7M --
Net Other Financing Charges -81.7M -38.5M -33.3M -25.5M --
Net Short Term Debt Issuance -13.2M -88.0M -1.6M 12.1M --
Operating Gains Losses 1.4M 1.1M -400,000 1.3M --
Proceeds From Stock Option Exercised 8.6M 24.2M 16.1M 26.6M --
Short Term Debt Issuance 2.0M -- -- -- --
Short Term Debt Payments -15.2M -88.0M -1.6M -- --
Taxes Refund Paid -191.9M -141.2M -131.4M -135.8M --
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