GFL Environmental Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue $4.2b $5.5b $6.8b $7.5b $7.9b $6.6b
Cost of sales $4.0b $5.0b $6.0b $6.2b $6.4b $5.2b
Gain on sale of property and equipment $4.6m $1.9m $4.7m ($13.1m) ($2.2m) ($91.1m)
(Gain) loss on foreign exchange ($37.3m) $16.2m $217.7m ($72.9m) $292.0m ($256.9m)
Loss on divestitures $0 ($153.3m) ($4.9m) ($580.5m) $481.8m $8.6m
Change in value on Call Option $0 $60.0m
Other $7.2m ($23.2m) ($27.0m) ($181.8m)
Share of net (loss) income of investments accounted for using the equity method $0 $20.7m ($61.6m) $18.2m ($39.0m)
Income (loss) before income taxes ($1.4b) ($712.8m) ($359.3m) $192.1m ($944.8m) $226.9m
Current income tax recovery $1.3m $23.9m $4.4m $357.0m $25.4m ($700k)
Deferred tax recovery ($254.7m) ($129.9m) ($180.5m) ($197.1m) ($232.5m) ($13.5m)
Income tax recovery ($253.4m) ($106.0m) ($176.1m) $159.9m ($207.1m) ($14.2m)
Net income (loss) from continuing operations ($627.0m) ($183.2m) $32.2m ($897.5m) $241.1m
Net income from discontinued operations $20.2m ($127.9m) $0 $159.8m $3.6b
Less: Net loss attributable to non-controlling interests $0 $700k ($13.2m) ($15.0m) ($20.7m)
Currency translation adjustment ($227.5m) ($9.1m) $449.5m ($171.8m) $544.1m ($484.2m)
Fair value movements on cash flow hedges, net of tax $1.8m $1.3m ($64.9m) $28.5m ($44.8m) $36.0m
Share of other comprehensive income (loss) of investments accounted for using the equity method $0 ($400k) ($1.2m) $2.3m
Other comprehensive (loss) income ($121.2m) $467.3m ($437.6m)
Comprehensive loss from continuing operations ($639.2m) $201.0m ($89.0m) ($430.2m) ($196.5m)
Comprehensive income from discontinued operations $20.2m ($127.9m) $0 $159.8m $3.4b
Less: Total comprehensive (loss) income attributable to non-controlling interests $0 $900k ($19.2m) $4.8m ($31.4m)
Continuing operations ($2) ($1) ($0) ($3) $1
Discontinued operations $0 ($0) $0 $0 $9
Total comprehensive income (loss) ($619.0m) $73.1m ($89.0m) ($270.4m) $3.2b
Total comprehensive income (loss) attributable to GFL Environmental Inc. ($1.3b) ($619.0m) $72.2m ($69.8m) ($275.2m) $3.2b
Total operations ($3) ($2) ($1) ($0) ($2) $10
Net income (loss) ($606.8m) ($311.1m) $32.2m ($737.7m) $3.8b
Net income (loss) attributable to GFL Environmental Inc. ($1.1b) ($606.8m) ($311.8m) $45.4m ($722.7m) $3.8b
Reclassification to net income (loss) of fair value movements on cash flow hedges, net of tax ($13.1m) ($4.4m) ($400k) $0 ($4.3m) $9.1m
Reclassification to net income (loss) of foreign currency differences on divestitures $0 $22.5m ($26.5m) ($800k)
Selling, general and administrative expenses $508.4m $591.9m $730.4m $973.9m $1.0b $967.4m
Interest and other finance costs $597.6m $434.1m $489.3m $627.2m $674.9m $595.2m
Total expenses $5.6b $6.2b $7.1b $7.3b $8.8b $6.3b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.