AKITA Drilling Ltd. (TSX: AKT.A)

AKITA Drilling Income Statement

Financials in millions CAD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	225.48	201	110.09	119.66	175.89
Revenue Growth (YoY)	12.18%	82.58%	-8.00%	-31.97%	48.60%
Cost of Revenue	195.54	182.15	118.67	124.54	158.35
Gross Profit	29.94	18.85	-8.59	-4.87	17.54
Selling, General & Admin	16.12	14.54	12.21	12.69	36.24
Other Operating Expenses	0.38	0.21	0.56	-0.04	0.39
Operating Expenses	16.12	14.54	12.21	12.69	36.24
Operating Income	23.18	10.28	-18.26	-16.91	-17.16
Interest Income	0.37	0.04	0.01	0.04	0.02
Interest Expense	6.93	6.54	3.55	5.64	6.77
Other Expense / Income	-1.92	0.24	-0.02	80.19	0.77
Pretax Income	18.55	3.54	-21.78	-102.7	-24.68
Income Tax	0.13	-0.75	-0.79	-9.43	-4.8
Net Income	18.42	4.29	-20.99	-93.27	-19.88
Net Income Growth	329.45%	-	-	-	-
Shares Outstanding (Basic)	40	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40	40
Shares Change	1.26%	-	-	-	61.33%
EPS (Basic)	0.46	0.11	-0.53	-2.35	-0.50
EPS (Diluted)	0.46	0.11	-0.53	-2.35	-0.50
EPS Growth	318.18%	-	-	-	-
Free Cash Flow	10.98	0.22	-19.88	15.27	6.32
Free Cash Flow Per Share	0.27	0.01	-0.50	0.39	0.16
Gross Margin	13.28%	9.38%	-7.80%	-4.07%	9.97%
Operating Margin	10.28%	5.11%	-16.58%	-14.13%	-9.75%
Profit Margin	8.17%	2.13%	-19.07%	-77.95%	-11.30%
Free Cash Flow Margin	4.87%	0.11%	-18.06%	12.76%	3.59%
Effective Tax Rate	0.70%	-21.16%	-	-	-
EBITDA	51.69	40.54	10.58	15.77	19.61
EBITDA Margin	22.93%	20.17%	9.61%	13.18%	11.15%
Depreciation & Amortization	28.51	30.26	28.84	32.68	36.76
EBIT	23.18	10.28	-18.26	-16.91	-17.16
EBIT Margin	10.28%	5.11%	-16.58%	-14.13%	-9.75%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.