v3.26.1
EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2026
Notes and other explanatory information [abstract]  
EARNINGS PER SHARE

23. EARNINGS PER SHARE

 

Earnings per share for the Company was calculated based on the following:

 

   2026   2025   2026   2025 
   Three months ended June 30,   Six months ended June 30, 
   2026   2025   2026   2025 
   $   $   $   $ 
Net income for the period   2,005    20,977    30,475    30,428 
Weighted average number of shares outstanding   92,666,724    88,967,382    92,423,038    88,965,643 
Earnings per share – basic   0.02    0.24    0.33    0.34 

 

   2026   2025   2026   2025 
   Three months ended June 30,   Six months ended June 30, 
   2026   2025   2026   2025 
   $   $   $   $ 
Net income for the period   2,005    20,977    30,475    30,428 
Weighted average number of shares outstanding   92,666,724    88,967,382    92,423,038    88,965,643 
Incremental shares from options, RSUs, DSUs and PSUs   1,386,536    4,484,166    1,386,536    4,484,166 
Earnings per share – diluted   0.02    0.22    0.32    0.33 

 

Earnings per share is based on the weighted average number of common shares of the Company outstanding during the period. The diluted earnings per share reflects the potential dilution of common share equivalents, such as outstanding share options, RSUs, DSUs and PSUs in the weighted average number of common shares outstanding during the period, if dilutive.

 

The following securities could potentially dilute basic earnings per share in the future, but were not included in the computation of diluted earnings per share because they were anti-dilutive:

 

   2026   2025 
         
Stock options   45,000    - 
Anti-dilutive shares    45,000    -