Boardwalk Real Estate Investment Trust (TSX: BEI.UN)

BEI.UN Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	545.66	494.81	470.53	465.57	455.31
Revenue Growth (YoY)	10.28%	5.16%	1.07%	2.25%	4.76%
Cost of Revenue	212.67	206.15	196.19	196.43	196.52
Gross Profit	332.99	288.66	274.34	269.14	258.79
Selling, General & Admin	44.5	36.42	35.67	39.32	40.91
Other Operating Expenses	-97.16	7.78	7.81	8.2	8.81
Operating Expenses	52.42	44.2	43.48	47.52	49.72
Operating Income	172.98	260.14	122.98	268.31	162.29
Interest Income	3.06	0.94	0.33	0.76	1.34
Interest Expense	98.8	85.06	78.7	81.71	78.94
Other Expense / Income	-588.94	-107.16	-401.54	384.71	50.67
Pretax Income	666.18	283.17	446.16	-197.35	34.03
Income Tax	0.08	0.08	-0.11	-0.07	-0.75
Net Income	666.1	283.1	446.27	-197.28	34.78
Net Income Growth	135.29%	-36.56%	-	-	-82.00%
Shares Outstanding (Basic)	46	46	47	47	46
Shares Outstanding (Diluted)	46	50	47	51	46
Shares Change	-9.00%	8.22%	-8.78%	9.88%	-8.63%
EPS (Basic)	14.54	6.17	9.59	-4.24	0.75
EPS (Diluted)	14.54	5.62	9.59	-3.87	0.75
EPS Growth	158.72%	-41.40%	-	-	-80.26%
Free Cash Flow	73.82	31.55	34.86	136.12	155.11
Free Cash Flow Per Share	1.61	0.63	0.75	2.67	3.34
Gross Margin	61.03%	58.34%	58.30%	57.81%	56.84%
Operating Margin	31.70%	52.57%	26.14%	57.63%	35.64%
Profit Margin	122.07%	57.21%	94.84%	-42.37%	7.64%
Free Cash Flow Margin	13.53%	6.38%	7.41%	29.24%	34.07%
Effective Tax Rate	0.01%	0.03%	-0.02%	-	-2.22%
EBITDA	180.91	267.92	130.79	276.5	171.1
EBITDA Margin	33.15%	54.15%	27.80%	59.39%	37.58%
Depreciation & Amortization	7.92	7.78	7.81	8.2	8.81
EBIT	172.98	260.14	122.98	268.31	162.29
EBIT Margin	31.70%	52.57%	26.14%	57.63%	35.64%

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