v3.26.3
Shareholders' equity (Tables)
 12 Months Ended
Jun. 30, 2026
Disclosure of classes of share capital [abstract]  
Summary of issued and outstanding common shares As at June 30, 2026 and 2025, the Company’s issued and outstanding common shares consist of the following:
June 30June 30
20262025
# #
Shares issued and outstanding:
Outstanding, beginning of the year
33,262,91033,340,159
Shares issued under employee share purchase plan29,650—
Shares purchased and cancelled(270,694)(439,741)
Shares issued upon exercise of RSUs317,066362,492
Outstanding, end of the year
33,338,93233,262,910
Summary of movement in stock option plan
The following table shows the movement in the stock option plan:
NumberWeighted
of optionsaverage price
# $
Balance, July 1, 2024
462,34615.21
Expired(47,176)11.77
Forfeited(33,484)15.40
Balance, June 30, 2025
381,68615.62
Expired(280,859)15.06
Forfeited(2,600)9.69
Balance, June 30, 2026
98,22717.38
Summary of information about stock options outstanding and exercisable based on exercise price range
The following table summarizes information about the stock options outstanding and exercisable at the end of each year:
June 30June 30
20262025
Number ofWeightedNumber ofWeighted
Number ofstock optionsaverageNumber ofstock optionsaverage
stock optionsoutstanding andremainingstock optionsoutstandingremaining
Exercise priceoutstandingexercisablecontractual lifeoutstandingand exercisablecontractual life
$7.01 - $9.00
71,227 71,227 1.00 year84,120 64,510 2.00 years
$9.01 - $12.00
— — —62,023 62,023 0.93 years
$12.01 - $15.00
27,000 27,000 0.75 years42,000 34,143 1.75 years
$15.01 - $18.00
— — —104,702 104,702 1.00 year
$18.01 - $20.00
— — —22,856 21,468 1.00 year
$20.01 - $27.00
— — —65,985 65,985 0.61 years
98,227 98,227 0.93 years381,686 352,831 1.22 years
Summary of DSUs, RSUs and PSUs granted and forfeited
The following table summarizes information about the DSUs, PSUs and RSUs granted, exercised and forfeited during the year ended June 30, 2026.
DSUPSURSUTotal
Awards outstanding July 1, 2024
172,086 499,800 607,157 1,279,043 
Awards granted during the year
64,356 271,000 271,000 606,356 
Awards exercised during the year
— — (362,492)(362,492)
Awards forfeited during the year
— (82,500)(50,623)(133,123)
Awards outstanding June 30, 2025
236,442 688,300 465,042 1,389,784 
Awards granted during the year
78,000 254,375 254,375 586,750 
Awards exercised during the year
— — (317,066)(317,066)
Awards forfeited during the year
— (101,500)(17,500)(119,000)
Awards outstanding June 30, 2026
314,442 841,175 384,851 1,540,468 
Summary of valuation allowance on stock option The key assumptions used in the Monte Carlo simulation are:
June 30June 30
20262025
Fair value per share $2.64$6.68
Expected volatility47.00%64.00%
Time to expiry2.36 years2.76 years
Risk-free interest rate3.45%3.42%
Summary of basic and diluted loss per share
Both the basic and diluted loss per share have been calculated using the net loss attributable to the shareholders of the Company as the numerator.
June 30June 30
20262025
Number of shares:
Weighted average number of shares outstanding33,244,86133,497,223
Weighted average number of shares used in basic and diluted earnings per share33,244,86133,497,223
Net loss$(81,094)$(5,010)
Loss per share
Basic and diluted$(2.44)$(0.15)
Summary of Potentially diluted shares
Potentially diluted shares relating to DSUs, PSUs, RSUs, and stock options as set-out below have been excluded from the calculation of the diluted number of shares as the impact would be anti dilutive.
June 30June 30
20262025
DSU314,442 236,442 
PSU841,175 688,300 
RSU384,851 465,042 
Stock options98,227 381,686 
1,638,6951,771,470