Financials Cogeco Inc.

Stocks

Market Closed - Toronto S.E. Other stock markets 15:59:29 2026-06-12 EDT			5-day change	1st Jan Change
65.53 ^CAD	+0.83%		+1.99%	+2.41%

06-02	Simplicity Småbolag Global rose 2.7 percent in May - added Swedish Loomis to portfolio	FW
06-01	Cogeco Expects Near US$1.2B Non-Cash Impairment Charge For U.S. Business In Q3 FY26	MT

Fiscal Period: August	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	2,604	2,995	3,081	3,074	3,008	2,841	2,787
Change	-	15.02%	2.88%	-0.23%	-2.14%	-5.57%	-1.9%
EBITDA ¹	1,225	1,406	1,433	1,455	1,453	1,396	1,381
Change	-	14.7%	1.95%	1.53%	-0.13%	-3.91%	-1.1%
EBIT	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-
Interest Paid	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-
Net income ¹	141.9	149.1	70.63	96.75	84.97	114.1	134.5
Change	-	5.11%	-52.63%	36.98%	-12.17%	34.29%	17.88%
Announcement Date	11/12/21	10/27/22	11/1/23	10/31/24	10/30/25	-	-

¹CAD in Million

Estimates

Fiscal Period: August	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2
Net sales ¹	649.3	655.1	745.3	748.1	754.8	746.9	789.7	757.2	767.6	766.7	-	751.9	777.2	768.7	765	753.2	-	731.4	735.6	713	713.2	693	691	684.2
Change	-	0.9%	13.77%	0.38%	0.9%	-1.04%	5.73%	-4.12%	1.38%	-0.12%	-	-	3.37%	-1.11%	-0.48%	-1.53%	-	-	0.58%	-3.07%	0.02%	-2.83%	-0.28%	-0.98%
EBITDA ¹	302.3	293.6	354.4	349.2	353.5	348.5	373.9	351.7	355.5	351.9	366	347.8	369.8	371.2	371.1	356.9	367.8	357.1	361.8	337.1	351.6	349.7	344.4	334.7
Change	-	-2.88%	20.7%	-1.46%	1.22%	-1.4%	7.28%	-5.94%	1.08%	-0.99%	4.01%	-4.99%	6.33%	0.39%	-0.04%	-3.82%	3.06%	-2.92%	1.31%	-6.83%	4.32%	-0.56%	-1.51%	-2.81%
EBIT	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income ¹	34.55	-	38.52	36.66	37.49	36.43	42.08	33.79	-34.47	29.23	-	24	18.96	19.25	29.81	18.17	-	16.48	28.21	18.96	33.1	-	-	-
Change	-	-	-	-4.84%	2.28%	-2.83%	15.5%	-19.71%	-202.03%	184.8%	-	-	-20.99%	1.52%	54.87%	-39.04%	-	-	71.16%	-32.78%	74.54%	-	-	-
Announcement Date	7/14/21	11/12/21	1/13/22	4/13/22	7/13/22	10/27/22	1/12/23	4/13/23	7/13/23	11/1/23	1/10/24	4/11/24	7/11/24	10/31/24	1/13/25	4/9/25	7/15/25	10/30/25	1/15/26	4/9/26	-	-	-	-

¹CAD in Million

Estimates

Fiscal Period: August	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-
Announcement Date	11/12/21	10/27/22	11/1/23	10/31/24	10/30/25	-	-

Estimates

Fiscal Period: August	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	-	-	-	-	591.4	-	-
Change	-	-	-	-	-	-100%	-
Free Cash Flow (FCF) ¹	495.1	433.2	396.6	475.8	514.4	574.5	606.1
Change	-	-12.5%	-8.44%	19.95%	8.12%	11.69%	5.5%
Announcement Date	11/12/21	10/27/22	11/1/23	10/31/24	10/30/25	-	-

¹CAD in Million

Estimates

Fiscal Period: August	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	47.06%	46.93%	46.51%	47.33%	48.3%	49.15%	49.55%
EBIT Margin (%)	-	-	-	-	-	-	-	-
EBT Margin (%)	-	-	-	-	-	-	-	-
Net margin (%)	-	5.45%	4.98%	2.29%	3.15%	2.82%	4.02%	4.83%
FCF margin (%)	-	19.01%	14.46%	12.87%	15.48%	17.1%	20.22%	21.75%
FCF / Net Income (%)	-	348.99%	290.51%	561.56%	491.77%	605.39%	503.51%	450.63%
Profitability
ROA	5.82%	6.1%	5.73%	5.22%	4.94%	4.68%	-	-
ROE	15.08%	15.69%	14.86%	10.44%	10.24%	9.61%	-	-
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	19.66%	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	40.7%	-	-
CAPEX / FCF (%)	-	-	-	-	-	114.97%	-	-
Items per share
Cash flow per share ¹	25.58	23.17	24.15	23.46	8.165	7.957	-	-
Change	-	-9.43%	4.21%	-2.83%	-65.2%	-2.56%	-	-
Dividend per Share ¹	1.9	2.18	2.5	2.924	3.416	3.688	-	-
Change	-	14.74%	14.68%	16.96%	16.83%	7.96%	-	-
Book Value Per Share ¹	47.97	51.36	58.6	59.7	85.12	90.85	-	-
Change	-	7.06%	14.11%	1.88%	42.57%	6.74%	-	-
EPS ¹	7.98	8.87	9.37	4.51	8.55	8.81	-	-
Change	-	11.15%	5.64%	-51.87%	89.58%	3.04%	-	-
Nbr of stocks (in thousands)	15,872	15,901	15,715	15,504	9,515	9,499	-	-
Announcement Date	10/27/20	11/11/21	10/27/22	11/1/23	10/31/24	10/30/25	-	-