Caribbean Utilities Company, Ltd. (TSX:CUP.U)

TSX:CUP.U Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	286.72	293.68	287.23	267.34	198.48	177.45
Revenue Growth (YoY)	-0.36%	2.25%	7.44%	34.69%	11.85%	-12.69%
Operations & Maintenance	5.16	6.13	4.99	6.1	5.79	5.49
Selling, General & Admin	20.15	19.61	17.19	15.07	12.42	11
Depreciation & Amortization	47.36	44.28	41.12	38.02	38.12	37.56
Amortization of Goodwill & Intangibles	1.07	1.12	0.89	0.97	1.01	0.81
Other Operating Expenses	170.38	182.05	184.61	175.11	110.91	93.73
Total Operating Expenses	244.12	253.19	248.81	235.27	168.26	148.59
Operating Income	42.6	40.49	38.42	32.07	30.22	28.86
Interest Expense	-20.05	-20.23	-18.44	-13.55	-13.14	-14.44
Net Interest Expense	-20.05	-20.23	-18.44	-13.55	-13.14	-14.44
Currency Exchange Gain (Loss)	2.24	2.32	2.25	1.88	1.58	1.14
Allowance for Equity Funds for Construction	15.33	14.37	11.99	8.78	8.33	7.2
Other Non-Operating Income (Expenses)	5.37	5.73	4.45	4.01	3.32	3.31
EBT Excluding Unusual Items	45.48	42.69	38.66	33.18	30.32	26.07
Pretax Income	45.48	42.69	38.66	33.18	30.32	26.07
Net Income	45.48	42.69	38.66	33.18	30.32	26.07
Preferred Dividends & Other Adjustments	1	1	0.97	0.97	0.97	0.97
Net Income to Common	44.48	41.69	37.69	32.21	29.35	25.1
Net Income Growth	14.48%	10.42%	16.52%	9.43%	16.32%	-10.43%
Shares Outstanding (Basic)	41	39	38	37	37	34
Shares Outstanding (Diluted)	41	39	38	37	37	34
Shares Change (YoY)	7.50%	2.58%	0.79%	0.76%	9.01%	2.41%
EPS (Basic)	1.09	1.08	1.00	0.86	0.79	0.74
EPS (Diluted)	1.09	1.08	1.00	0.86	0.79	0.74
EPS Growth	6.94%	7.81%	16.10%	8.92%	7.29%	-12.46%
Free Cash Flow	-15.19	-8.81	-19.5	-39.83	-0.03	10.04
Free Cash Flow Per Share	-0.37	-0.23	-0.52	-1.06	-0.00	0.29
Dividend Per Share	0.745	0.735	0.715	0.700	0.700	0.700
Dividend Growth	2.76%	2.80%	2.14%	-	-	-
Profit Margin	15.51%	14.19%	13.12%	12.05%	14.79%	14.14%
Free Cash Flow Margin	-5.30%	-3.00%	-6.79%	-14.90%	-0.01%	5.66%
EBITDA	91.03	85.89	80.43	71.06	69.36	67.23
EBITDA Margin	31.75%	29.25%	28.00%	26.58%	34.95%	37.89%
D&A For EBITDA	48.43	45.4	42.01	38.99	39.14	38.38
EBIT	42.6	40.49	38.42	32.07	30.22	28.86
EBIT Margin	14.86%	13.79%	13.38%	12.00%	15.23%	16.26%
Revenue as Reported	286.72	293.68	287.23	267.34	198.48	177.45

Source: S&P Global Market Intelligence. Utility template. Financial Sources.