What the company actually pays, and whether its own cash supports it.
Dividends view
Yield
1.27%Above 5Y avg (1.16%)
Annual Rate
CAD 0.60Paid quarterly
Payout Ratio
103.5%High
Paying Dividends
19 yr
Payback Period
75.7 yr
Next Ex-Dividend
Sep 29, 2026
Next Payment
Oct 15, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
1.62BCAD
1.17B · vs all stocks (USD)
Updated Aug 21, 2026
Revenue (TTM)
513.79MCAD
372.65M · vs all stocks (USD)
Updated Aug 21, 2026
Profit Margin
-4.62%
vs Real Estate Services peers
Provider-reported. Net Income (TTM) ÷ Revenue (TTM) on this page gives -1.85%.Updated Aug 21, 2026
Beta
0.8100x
vs all stocks
Updated Aug 21, 2026
52-Week Change
-23.16%
vs all stocks
Updated Aug 21, 2026
Forward Annual Dividend Yield
1.27%
vs all stocks
Updated Aug 21, 2026
Market Capitalization
1.62BCAD
1.17B · vs all stocks (USD)
Updated Aug 21, 2026
Enterprise Value
1.86BCAD
1.35B · vs all stocks (USD)
Updated Aug 21, 2026
Forward P/E
14.44x
vs Real Estate Services peers
Updated Aug 21, 2026
Price to Sales (TTM)
3.14x
vs Real Estate Services peers
Updated Aug 21, 2026
Price to Book (MRQ)
5.01x
vs Real Estate Services peers
Updated Aug 21, 2026
Enterprise to Revenue
3.62x
vs Real Estate Services peers
Updated Aug 21, 2026
Enterprise to EBITDA
21.83x
vs Real Estate Services peers
Provider-reported. Enterprise Value ÷ EBITDA (TTM) on this page gives 25.38×.Updated Aug 21, 2026
Gross Margin
72.90%
vs Real Estate Services peers
Provider-reported. Gross Profit (TTM) ÷ Revenue (TTM) on this page gives 66.81%.Updated Aug 21, 2026
Profit Margin
-4.62%
vs Real Estate Services peers
Provider-reported. Net Income (TTM) ÷ Revenue (TTM) on this page gives -1.85%.Updated Aug 21, 2026
Operating Margin
14.55%
vs Real Estate Services peers
Updated Aug 21, 2026
Return on Assets (TTM)
4.15%
vs Real Estate Services peers
Updated Aug 21, 2026
Return on Equity (TTM)
-1.67%
vs Real Estate Services peers
Updated Aug 21, 2026
Revenue (TTM)
513.79MCAD
372.65M · vs all stocks (USD)
Updated Aug 21, 2026
Revenue per Share (TTM)
12.59CADUpdated Aug 21, 2026
Quarterly Revenue Growth
6.60%
vs Real Estate Services peers
Updated Aug 21, 2026
Gross Profit (TTM)
343.27MCAD
248.97M · vs all stocks (USD)
Updated Aug 21, 2026
EBITDA (TTM)
73.26MCAD
53.13M · vs all stocks (USD)
Updated Aug 21, 2026
Net Income (TTM)
-9.51MCAD
-6.89M · vs all stocks (USD)
Updated Aug 21, 2026
Quarterly Earnings Growth (YoY)
-98.00%
vs Real Estate Services peers
Updated Aug 21, 2026
Operating Cash Flow (TTM)
76.95MCAD
55.81M · vs all stocks (USD)
Updated Aug 21, 2026
Levered Free Cash Flow (TTM)
85.61MCAD
62.09M · vs all stocks (USD)
Updated Aug 21, 2026
Forward Annual Dividend Rate
0.6000CADUpdated Aug 21, 2026
Forward Annual Dividend Yield
1.27%
vs all stocks
Updated Aug 21, 2026
Trailing Annual Dividend Rate
0.6000CADUpdated Aug 21, 2026
Trailing Annual Dividend Yield
1.27%
vs all stocks
Updated Aug 21, 2026
5-Year Average Dividend Yield
1.16%
vs all stocks
Updated Aug 21, 2026
Payout Ratio
103.45%
vs Real Estate Services peers
Provider-reported. Trailing Annual Dividend Rate ÷ Diluted EPS (TTM) on this page gives -240%.Updated Aug 21, 2026
Revenue
502.89MCADFY2025 · Dec 31, 2025
Cost of Goods Sold
170.73MCADFY2025 · Dec 31, 2025
Gross Profit
332.16MCADFY2025 · Dec 31, 2025
Operating Income
25.17MCAD
18.26M · vs all stocks (USD)
FY2025 · Dec 31, 2025
Pre-tax Income
9.03MCADFY2025 · Dec 31, 2025
Income Tax Expense
10.25MCADFY2025 · Dec 31, 2025
Net Income
371.95MCADFY2025 · Dec 31, 2025
EBIT
17.21MCADFY2025 · Dec 31, 2025
EBITDA (Income Statement)
82.39MCADFY2025 · Dec 31, 2025
Research & Development
49.84MCADFY2025 · Dec 31, 2025
Selling, General & Administrative
189.25MCADFY2025 · Dec 31, 2025
Other Operating Expenses
27.52MCADFY2025 · Dec 31, 2025
Non-operating Interest Income
14.33MCADFY2025 · Dec 31, 2025
Non-operating Interest Expense
8.18MCADFY2025 · Dec 31, 2025
EPS (Basic)
8.46CADFY2025 · Dec 31, 2025
EPS (Diluted)
8.46CADFY2025 · Dec 31, 2025
Basic Shares Outstanding
43.97MSharesFY2025 · Dec 31, 2025
Diluted Shares Outstanding
43.97MSharesFY2025 · Dec 31, 2025
Net Income from Continuing Operations
455.48MCADFY2025 · Dec 31, 2025
Operating Cash Flow
527.87MCADFY2025 · Dec 31, 2025
Free Cash Flow
525.19MCADDerived from operating cash flow minus capital expenditure. This filing charges 40.38M of depreciation against 2.68M of capital expenditure, and its own free-cash-flow line reads 77.82M.FY2025 · Dec 31, 2025
Cash & Cash Equivalents (End of Period)
420.69MCADFY2025 · Dec 31, 2025
Starting Profit (CF Statement)
455.48MCADFY2025 · Dec 31, 2025
Depreciation & Amortization
40.38MCADFY2025 · Dec 31, 2025
Stock-based Compensation
20.55MCADFY2025 · Dec 31, 2025
Other Non-cash Items
-3.13MCADFY2025 · Dec 31, 2025
Change in Other Assets/Liabilities
14.58MCADFY2025 · Dec 31, 2025
Capital Expenditures
-2.68MCADFY2025 · Dec 31, 2025
Net Intangibles (CF)
-1.61MCADFY2025 · Dec 31, 2025
Purchase of Investments
-357.00KCADFY2025 · Dec 31, 2025
Sale of Investments
5.64MCADFY2025 · Dec 31, 2025
Net Investing Cash Flow
2.60MCADFY2025 · Dec 31, 2025
Long-term Debt Issuance
50.59MCADFY2025 · Dec 31, 2025
Long-term Debt Payments
-189.94MCADFY2025 · Dec 31, 2025
Common Stock Repurchase
-189.00MCADFY2025 · Dec 31, 2025
Common Dividends Paid
-24.37MCADFY2025 · Dec 31, 2025
Other Financing Charges
-949.00KCADFY2025 · Dec 31, 2025
Net Financing Cash Flow
-353.67MCADFY2025 · Dec 31, 2025
Shares Outstanding
34.22MSharesUpdated Aug 21, 2026
Float Shares
22.76MSharesUpdated Aug 21, 2026
Shares Short
1.94MSharesUpdated Aug 21, 2026
Short Ratio
14.15days
vs all stocks
Updated Aug 21, 2026
% Held by Insiders
7.81%
vs all stocks
Updated Aug 21, 2026
% Held by Institutions
59.57%
vs all stocks
Updated Aug 21, 2026
Total Cash (MRQ)
61.92MCAD
44.91M · vs all stocks (USD)
Updated Aug 21, 2026
Total Cash per Share (MRQ)
1.81CADUpdated Aug 21, 2026
Total Debt (MRQ)
272.48MCAD
197.63M · vs all stocks (USD)
Updated Aug 21, 2026
Total Debt to Equity (MRQ)
0.8344x
vs Real Estate Services peers
Updated Aug 21, 2026
Current Ratio (MRQ)
1.09x
vs Real Estate Services peers
Updated Aug 21, 2026
Book Value per Share (MRQ)
9.42CADUpdated Aug 21, 2026
Total Assets
1.25BCAD
906.85M · vs all stocks (USD)
FY2025 · Dec 31, 2025
Total Current Assets
577.84MCADFY2025 · Dec 31, 2025
Total Liabilities
791.43MCADFY2025 · Dec 31, 2025
Total Non-current Assets
672.47MCADFY2025 · Dec 31, 2025
Total Non-current Liabilities
229.70MCADFY2025 · Dec 31, 2025
Total Current Liabilities
561.73MCADFY2025 · Dec 31, 2025
Cash & Cash Equivalents
420.69MCADFY2025 · Dec 31, 2025
Accounts Receivable
130.36MCADFY2025 · Dec 31, 2025
Accounts Payable
9.23MCADFY2025 · Dec 31, 2025
Short-term Debt
11.22MCADFY2025 · Dec 31, 2025
Deferred Revenue
81.48MCADFY2025 · Dec 31, 2025
Other Current Liabilities
2.47MCADFY2025 · Dec 31, 2025
Long-term Debt
183.73MCADFY2025 · Dec 31, 2025
Common Stock (Book)
648.45MCADFY2025 · Dec 31, 2025
Retained Earnings
69.80MCADFY2025 · Dec 31, 2025
Total Shareholders' Equity
458.88MCAD
332.82M · vs all stocks (USD)
FY2025 · Dec 31, 2025
52-Week Low
36.97CADUpdated Aug 21, 2026
52-Week High
63.07CADUpdated Aug 21, 2026
52-Week Change
-23.16%
vs all stocks
Updated Aug 21, 2026
Beta
0.8100x
vs all stocks
Updated Aug 21, 2026
50-Day MA
46.17CADUpdated Aug 21, 2026
200-Day MA
48.00CADUpdated Aug 21, 2026
Avg 10-Day Volume
149.36KSharesUpdated Aug 21, 2026
Avg 30-Day Volume
145.84KSharesUpdated Aug 21, 2026
Diluted EPS (TTM)
-0.2500CADUpdated Aug 21, 2026
Other Income / Expense
-23.13MCADFY2025 · Dec 31, 2025
4 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
More of its sales turn into cash than in its industry, and less of that cash is consumed by reinvestment than at most of its peers.
Reads
FCF Ratios Elevated
Its free cash flow is large next to assets and equity, and more of its operating cash reaches it than in its industry.
Reads
Industry-Benchmarked ROA and Margin Elevated
Returns and margins have sat in the top of its industry across five years.
Reads
Minimal Tax and Interest Drag
Almost nothing is lost between its operating profit and its net income.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Price-to-book is 5.01×, higher than 95% of its Real Estate Services peers (median 1.17×)Significant