LFL Group - Corporate Overview

($ in thousands)

$2,498,545

($ in thousands)

($ per share)

^{(1) For year-on-year comparability, 2021 excludes the substantial issuer bid and special dividends. 2020 excludes special dividends.}

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($ in thousands, except amounts per share)	2024	2023	2022	2021	2020
Revenue	$2,498,545	$2,454,789	$2,517,659	$2,512,670	$2,220,180
Cost of sales	1,389,337	1,371,612	1,408,226	1,404,446	1,236,258
Gross Profit	$1,109,208	$1,083,177	$1,109,433	$1,108,224	$983,922
Income before income taxes	204,581	182,478	236,221	276,379	210,485
Provision for income taxes	50,913	43,623	56,792	69,221	47,235
Net income	$153,668	$138,855	$179,429	$207,158	$163,250
Common shares outstanding (weighted average '000s)	68,142	67,963	67,512	77,623	79,799
Earnings per common share	$2.26	$2.04	$2.66	$2.67	$2.05
Percent annual change in sales	1.8%	-2.5%	0.2%	13.2%	(2.8%)
Net income as a percentage of sales	6.2%	5.7%	7.1%	8.2%	7.4%
Dividend declared	$51,793	$44,863	$43,238	$146,092	$69,977

($ in thousands, except amounts per share)	2024	2023	2022	2021	2020
Shareholders′ equity	$1,141,150	$1,028,524	$928,885	$791,193	$1,016,003
Total assets	2,340,686	2,221,839	2,193,643	2,453,133	2,418,589
Purchase of capital assets	59,132	42,103	26,798	14,896	43,493
Working capital	279,688	212,975	241,677	124,455	161,286
Shareholders′ equity per common share	16.75	15.13	13.76	14.01	13.03⁽²⁾
Common share price range on the Toronto Stock Exchange
High	$30.64	$23.85	$25.13	$26.30	$21.68
Low	$19.04	$16.56	$15.00	$20.09	$10.25

^{(2) For year-on-year comparability, 2021 excludes the substantial issuer bid and special dividends. 2020 excludes special dividends.}