CI Financial Corp. (TSX: CIX)

CI Financial Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	3,148	2,948	2,825	2,644	2,008	2,093
Other Revenue	439.82	225.13	83.83	101.86	36.91	29.81
Revenue	3,588	3,173	2,909	2,746	2,045	2,122
Revenue Growth (YoY)	15.02%	9.07%	5.94%	34.25%	-3.63%	-5.09%
Cost of Revenue	949.65	896.83	900.52	954.15	770.31	774.28
Gross Profit	2,638	2,276	2,008	1,792	1,275	1,348
Selling, General & Admin	1,635	1,364	995.89	735.12	449.44	489.27
Operating Expenses	1,852	1,555	1,151	831.95	492.95	522.16
Operating Income	786.24	720.52	857.4	959.7	782.06	826.02
Interest Expense	-206.67	-177	-152.09	-109.67	-65.44	-56.72
Currency Exchange Gain (Loss)	-0.24	29.95	-80.13	-18.78	7.46	-
Other Non Operating Income (Expenses)	-180.01	-195.66	-34.65	-87.99	-22.73	-42.49
EBT Excluding Unusual Items	399.31	377.82	590.53	743.27	701.35	726.81
Legal Settlements	-	-	-	-	-56.28	-
Other Unusual Items	-194.12	-228.11	-114.33	-157.1	-2.33	-
Pretax Income	77.82	149.7	476.2	586.17	642.75	726.81
Income Tax Expense	145.39	143.61	174.38	173.79	167.2	189.28
Earnings From Continuing Operations	-67.57	6.09	301.83	412.37	475.55	537.52
Minority Interest in Earnings	-1.55	-1.07	-2.07	-3.05	0.43	0.87
Net Income	-69.12	5.02	299.76	409.33	475.98	538.4
Net Income to Common	-69.12	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)	151	171	189	202	214	234
Shares Outstanding (Diluted)	151	172	190	202	216	235
Shares Change (YoY)	-18.32%	-9.62%	-6.28%	-6.10%	-8.34%	-9.37%
EPS (Basic)	-0.46	0.03	1.59	2.03	2.22	2.30
EPS (Diluted)	-0.47	0.03	1.58	2.02	2.21	2.29
EPS Growth	-	-98.14%	-21.78%	-8.60%	-3.49%	-3.78%
Free Cash Flow	419.24	410.28	461.44	658.16	529.98	545.66
Free Cash Flow Per Share	2.77	2.39	2.43	3.25	2.46	2.32
Dividend Per Share	0.800	0.740	0.720	0.720	0.720	0.720
Dividend Growth	11.11%	2.78%	0%	0%	0%	-39.11%
Gross Margin	73.53%	71.73%	69.04%	65.25%	62.34%	63.52%
Operating Margin	21.91%	22.71%	29.47%	34.95%	38.24%	38.92%
Profit Margin	-1.93%	0.16%	10.30%	14.91%	23.27%	25.37%
Free Cash Flow Margin	11.68%	12.93%	15.86%	23.97%	25.91%	25.71%
EBITDA	966.7	884.48	988.62	1,057	813.67	848.82
EBITDA Margin	26.94%	27.88%	33.99%	38.48%	39.78%	39.99%
D&A For EBITDA	180.46	163.97	131.23	96.82	31.61	22.8
EBIT	786.24	720.52	857.4	959.7	782.06	826.02
EBIT Margin	21.91%	22.71%	29.47%	34.95%	38.24%	38.92%
Effective Tax Rate	186.83%	95.93%	36.62%	29.65%	26.01%	26.04%
Revenue as Reported	3,133	2,746	2,334	2,170	2,053	2,122

Source: S&P Capital IQ. Standard template. Financial Sources.