Converge Technology Solutions Corp. (TSX:CTS)
Canada · Delayed Price · Currency is CAD 5.99
0.00 (0.00%)
Inactive · Last trade price on Apr 23, 2025
TSX:CTS Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| 2,592 | 2,705 | 2,165 | 1,330 | 948.8 | |
Revenue Growth | -4.18% | 24.97% | 62.79% | 40.15% | 37.95% |
Cost of Revenue | 1,901 | 2,002 | 1,614 | 984.03 | 715.79 |
Gross Profit | 691.44 | 702.88 | 550.77 | 345.7 | 233.01 |
Selling, General & Admin | 534.92 | 541.12 | 413.64 | 254.81 | 177.7 |
Operating Expenses | 630.44 | 656.26 | 494.35 | 293.6 | 199.16 |
Operating Income | 61 | 46.62 | 56.42 | 52.1 | 33.84 |
Interest Expense | -25.38 | -36.63 | -19.86 | -6.9 | -15.96 |
Earnings From Equity Investments | -25.93 | - | - | - | - |
Currency Exchange Gain (Loss) | -1.08 | 4.4 | 19.58 | - | - |
Other Non Operating Income (Expenses) | -6.61 | -6.93 | 0.79 | -1.53 | -5.33 |
EBT Excluding Unusual Items | 2.01 | 7.46 | 56.93 | 43.68 | 12.56 |
Merger & Restructuring Charges | -15.7 | -11.35 | -19.64 | -10.35 | -6.12 |
Impairment of Goodwill | -145.94 | - | - | - | - |
Gain (Loss) on Sale of Assets | -0.12 | - | - | - | - |
Asset Writedown | -30.19 | - | - | - | - |
Other Unusual Items | -10.58 | -14.67 | -18.51 | -9.36 | -8.95 |
Pretax Income | -200.52 | -18.57 | 18.79 | 23.97 | -2.5 |
Income Tax Expense | -19.53 | -12.17 | -4.06 | 7.61 | 1.67 |
Earnings From Continuing Operations | -180.99 | -6.39 | 22.84 | 16.37 | -4.18 |
Minority Interest in Earnings | 3.27 | 4.95 | 4.44 | -0.42 | - |
Net Income | -177.71 | -1.45 | 27.28 | 15.95 | -4.18 |
Net Income to Common | -177.71 | -1.45 | 27.28 | 15.95 | -4.18 |
Net Income Growth | - | - | 71.10% | - | - |
Shares Outstanding (Basic) | 198 | 207 | 213 | 186 | 103 |
Shares Outstanding (Diluted) | 198 | 207 | 216 | 188 | 103 |
Shares Change | -4.33% | -4.23% | 14.83% | 82.55% | 32.99% |
EPS (Basic) | -0.90 | -0.01 | 0.13 | 0.09 | -0.04 |
EPS (Diluted) | -0.90 | -0.01 | 0.13 | 0.08 | -0.04 |
EPS Growth | - | - | 60.03% | - | - |
Additional Metrics
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Free Cash Flow | 267.94 | 218.71 | 17.64 | 80.76 | 46.61 |
Free Cash Flow Per Share | 1.35 | 1.06 | 0.08 | 0.43 | 0.45 |
Dividend Per Share | 0.055 | 0.030 | - | - | - |
Dividend Growth | 83.33% | - | - | - | - |
Gross Margin | 26.67% | 25.98% | 25.44% | 26.00% | 24.56% |
Operating Margin | 2.35% | 1.72% | 2.61% | 3.92% | 3.57% |
Profit Margin | -6.86% | -0.05% | 1.26% | 1.20% | -0.44% |
Free Cash Flow Margin | 10.34% | 8.09% | 0.81% | 6.07% | 4.91% |
EBITDA | 144.21 | 145.86 | 124.27 | 82.91 | 53.25 |
EBITDA Margin | 5.56% | 5.39% | 5.74% | 6.24% | 5.61% |
D&A For EBITDA | 83.21 | 99.24 | 67.85 | 30.81 | 19.41 |
EBIT | 61 | 46.62 | 56.42 | 52.1 | 33.84 |
EBIT Margin | 2.35% | 1.72% | 2.61% | 3.92% | 3.57% |
Effective Tax Rate | - | - | - | 31.73% | - |
Revenue as Reported | 2,592 | 2,705 | 2,165 | 1,330 | 948.8 |