Financials Great-West Lifeco Inc.

Equities

Market Closed - Toronto S.E. Other stock markets 16:15:21 2025-06-12 EDT			5-day change	1st Jan Change
50.82 ^CAD	+0.69%		-0.26%	+6.61%

05-22	Great-West Lifeco Appoints Lindsey Rix-Broom as CEO, Europe Effective July 1, 2025	CI
05-22	Great-West Lifeco Appoints Lindsey Rix-Broom as CEO, Europe	MT

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	60,583	64,417	44,662	41,629	39,797	67,859	70,369	72,764
Change	-	6.33%	-30.67%	-6.79%	-4.4%	70.51%	3.7%	3.4%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT	3,082	4,323	4,082	4,299	-	-	-	-
Change	-	40.27%	-5.57%	5.32%	-	-	-	-
Interest Paid ¹	-284	-328	-398	-426	-402	-404	-411.5	-398
Earnings before Tax (EBT) ¹	3,072	3,867	3,768	3,068	4,981	5,364	5,706	5,589
Change	-	25.88%	-2.56%	-18.58%	62.35%	7.68%	6.39%	-2.05%
Net income ¹	2,943	3,128	3,219	2,738	3,940	3,966	4,405	4,387
Change	-	6.29%	2.91%	-14.94%	43.9%	0.66%	11.07%	-0.4%
Announcement Date	2/10/21	2/9/22	2/8/23	2/14/24	2/5/25	-	-	-

¹CAD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	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
Net sales	-	-	-	12,117	-	-	18,122	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	901	830.9	676.8	897	1,238	1,247	942	1,012	1,033	981	1,357	1,020	-	-	-	-	-	-	-	-	-	-	-
Change	-	-7.78%	-18.54%	32.53%	38.06%	0.73%	-24.49%	7.48%	2.03%	-5.03%	38.33%	-24.83%	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-100	-101	-98	-	-103	-	-	-
Earnings before Tax (EBT) ¹	1,041	910	750	831	1,115	1,129	792	881	811	883	1,193	634	682	1,125	627	1,098	1,314	1,021	1,388	-	1,341	1,359	1,383
Change	-	-12.58%	-17.58%	10.8%	34.18%	1.26%	-29.85%	11.24%	-7.95%	8.88%	35.11%	-46.86%	7.57%	64.96%	-44.27%	75.12%	19.67%	-22.3%	35.95%	-	-	1.34%	1.77%
Net income ¹	863	826	912	707	784	872	765	770	735	688	1,026	595	498	905	740	960	1,005	859	1,116	860	1,015	1,032	1,049
Change	-	-4.29%	10.41%	-22.48%	10.89%	11.22%	-12.27%	0.65%	-4.55%	-6.39%	49.13%	-42.01%	-16.3%	81.73%	-18.23%	29.73%	4.69%	-14.53%	29.92%	-22.94%	18.02%	1.67%	1.65%
Announcement Date	8/4/20	11/4/20	2/10/21	5/5/21	8/3/21	11/3/21	2/9/22	5/4/22	8/3/22	11/2/22	2/8/23	5/9/23	8/8/23	11/8/23	2/14/24	5/1/24	8/6/24	11/6/24	2/5/25	5/7/25	-	-	-

¹CAD in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	2/10/21	2/9/22	2/8/23	2/14/24	2/5/25	-	-	-

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024
CAPEX ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Free Cash Flow (FCF) ¹	-11,665	-16,783	1,560	-10,099	-596.4	-5,238
Change	-	-43.88%	109.3%	-747.3%	94.09%	-778.37%
Announcement Date	2/12/20	2/10/21	2/9/22	2/8/23	2/14/24	2/5/25

¹CAD in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	5.09%	6.71%	9.14%	10.33%	-	-	-	-
EBT Margin (%)	-	5.07%	6%	8.44%	7.37%	12.52%	7.9%	8.11%	7.68%
Net margin (%)	-	4.86%	4.86%	7.21%	6.58%	9.9%	5.84%	6.26%	6.03%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.51%	0.51%	0.48%	0.53%	0.52%	0.95%	0.9%	1.3%
ROE	-	11.43%	12.21%	11.45%	16.6%	13.98%	16.48%	16.9%	-
Financial Health
Leverage (Debt/EBITDA)	0.82x	0.83x	1.2x	1.01x	0.34x	0.49x	-	-	-
Debt / Free cash flow	-0.25x	-0.19x	3.18x	-0.48x	-4.35x	-0.92x	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	0.79%	1.51%	1.59%	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	10.36	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	1.752	1.804	1.96	2.08	2.22	2.424	2.549	2.59
Change	-	-	2.97%	8.65%	6.12%	6.73%	9.19%	5.15%	1.62%
Book Value Per Share ¹	-	22.97	24.71	26.6	24.26	27.17	29.07	31.32	-
Change	-	-	7.58%	7.65%	-8.8%	12%	7.01%	7.73%	-
EPS ¹	-	3.172	3.36	3.452	2.94	4.21	4.435	4.895	5.02
Change	-	-	5.93%	2.74%	-14.83%	43.2%	5.34%	10.37%	2.55%
Nbr of stocks (in thousands)	-	927,727	930,495	931,818	932,107	931,800	928,051	928,051	928,051
Announcement Date	-	2/10/21	2/9/22	2/8/23	2/14/24	2/5/25	-	-	-