Selected Financial Highlights
The following table summarizes our selected financial information for the comparative periods. Unless otherwise noted, financial information reflects results of continuing operations from our Mackenzie sawmill (the "Mackenzie Mill") and power plant (the "Power Plant").
Selected Financial Information(1)
(unaudited, in millions of dollars, except share andexchange rate information)
Q42025
Q32025
2025
Q42024
2024
Revenue
Lumber, Conifex produced
15.8
26.4
101.0
21.2
93.5
Lumber, wholesale
0.0
0.0
0.0
0.0
0.0
By-products and other
1.7
4.9
16.2
2.3
10.6
Bioenergy
8.6
7.0
25.6
7.6
23.7
26.1
38.2
142.7
31.0
127.7
Operating income (loss)
(15.9
)
(19.5
)
(37.6
)
(3.0
)
(25.9
)
EBITDA(2)
(12.6
)
(16.6
)
(27.5
)
(2.1
)
(13.6
)
Net income (loss)
(11.4
)
(16.6
)
(35.7
)
(11.8
)
(29.8
)
Basic earnings (loss) per share
(0.28
)
(0.41
)
(0.87
)
(0.29
)
(0.73
)
Diluted earnings (loss) per share
(0.28
)
(0.41
)
(0.87
)
(0.29
)
(0.73
)
Shares outstanding, weighted average (millions)
40.8
40.8
40.8
40.6
40.6
Diluted shares outstanding (millions)
40.8
40.8
40.8
40.6
40.6
Reconciliation of EBITDA to net income (loss)
Net income (loss) from continuing operations
(11.4
)
(16.6
)
(35.7
)
(11.8
)
(29.8
)
Add: Finance costs
3.6
4.4
12.7
1.9
8.0
Amortization
3.0
3.1
10.8
3.1
11.2
Deferred income tax expense (recovery)
(7.8
)
(7.5
)
(15.3
)
4.6
(3.0
)
