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Consolidated Statements of Loss
$ in Thousands
12 Months Ended
Dec. 31, 2023
CAD ($)
$ / shares
shares
Dec. 31, 2022
CAD ($)
$ / shares
shares
Profit or loss [abstract]    
Revenue $ 3,162,095 $ 1,777,798
Cost of goods sold 2,544,949 1,455,082
Gross margin 617,146 322,716
Selling, general and administrative expenses 395,875 301,242
Foreign exchange loss 58,933 19,202
Operating income 162,338 2,272
Gain (loss) on disposal of property, plant and equipment (2,146) 199
Loss on short-term investments (17,624)  
Equity earnings from associates and joint ventures 2,464 4,719
Impairment of goodwill (87,168) (48,000) [1]
Earnings (loss) before finance costs and income taxes 57,864 (40,810)
Net finance costs 126,392 38,923
Loss before income taxes (68,528) (79,733)
Income taxes 42,396 21,210
Net loss $ (110,924) $ (100,943)
Loss per share – basic | (per share) $ (0.9) $ (1.04)
Loss per share – diluted | (per share) $ (0.9) $ (1.04)
Weighted average number of shares – basic | shares 123,834,242 97,045,917
Weighted average number of shares – diluted | shares 123,834,242 97,045,917
[1] Certain balances as at December 31, 2022 have been re-presented as a result of measurement period adjustments related to the Transaction as required by IFRS 3 “Business Combinations”, refer to Note 6 “Acquisition” for more information.