CI Financial Corp. (TSX: CIX)

CI Financial Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	3,203	2,426	2,727	2,050	2,119
Revenue Growth (YoY)	31.99%	-11.03%	32.99%	-3.25%	-5.24%
Cost of Revenue	1,102	406.04	981.9	1,012	1,037
Gross Profit	2,100	2,020	1,745	1,039	1,082
Selling, General & Admin	1,370	1,020	702.3	207.83	223.36
Research & Development	0	0	0	0	0
Other Operating Expenses	-1,538.47	153.25	96.8	41.46	31.59
Operating Expenses	1,538	1,173	799.1	249.29	254.95
Operating Income	561.68	798.59	695.9	708.19	782.23
Interest Income	0.17	0.9	0.29	0.09	0.11
Interest Expense	177	152.09	109.7	65.44	55.42
Other Expense / Income	236.22	173.27	3.36	-0.34	-0.76
Pretax Income	149.7	476.2	586.2	642.75	726.81
Income Tax	143.61	174.38	173.8	167.2	189.28
Net Income	5.02	299.76	409.33	475.98	538.4
Net Income Growth	-98.33%	-26.77%	-14.00%	-11.59%	-12.81%
Shares Outstanding (Basic)	171	189	202	214	234
Shares Outstanding (Diluted)	172	190	202	216	235
Shares Change	-9.62%	-6.28%	-6.10%	-8.34%	-9.37%
EPS (Basic)	0.03	1.59	2.03	2.22	2.30
EPS (Diluted)	0.03	1.58	2.02	2.21	2.29
EPS Growth	-98.15%	-21.78%	-8.60%	-3.49%	-3.78%
Free Cash Flow	384.77	448.81	645.7	512.85	541.23
Free Cash Flow Per Share	2.24	2.37	3.19	2.38	2.30
Gross Margin	65.58%	83.27%	63.99%	50.65%	51.07%
Operating Margin	17.54%	32.91%	25.52%	34.54%	36.91%
Profit Margin	0.16%	12.35%	15.01%	23.21%	25.41%
Free Cash Flow Margin	12.01%	18.50%	23.68%	25.01%	25.54%
Effective Tax Rate	95.93%	36.62%	29.65%	26.01%	26.04%
EBITDA	767.28	953.71	792.7	751.7	815.12
EBITDA Margin	23.96%	39.31%	29.07%	36.66%	38.46%
Depreciation & Amortization	205.59	155.11	96.8	43.51	32.89
EBIT	561.68	798.59	695.9	708.19	782.23
EBIT Margin	17.54%	32.91%	25.52%	34.54%	36.91%

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