Extendicare Inc. (TSX: EXE)

Extendicare Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,347	1,305	1,222	1,167	1,104	1,132
Revenue Growth (YoY)	8.61%	6.83%	4.68%	5.75%	-2.51%	1.07%
Cost of Revenue	1,179	1,137	1,003	1,051	902.39	998.5
Gross Profit	168.7	167.62	218.83	115.61	201.16	133.45
Selling, General & Admin	56.86	55.84	50.78	52.43	45.46	41.15
Depreciation & Amortization	33.03	32.23	31.56	30.83	38.09	39.59
Operating Expenses	89.89	88.06	82.33	83.26	83.54	80.74
Operating Income	78.81	79.56	136.5	32.35	117.61	52.71
Interest Expense	-20.26	-20.63	-20.61	-21.16	-31.71	-30.03
Interest & Investment Income	5.84	6.19	5.02	1.87	2.68	3.69
Net Interest Expenses	-14.43	-14.44	-15.59	-19.29	-29.03	-26.35
Income (Loss) On Equity Investments	1.15	0.02	-	-	-	-
Currency Exchange Gain (Loss)	-	-	-	-0.25	0.2	-0.8
Other Non Operating Income (Expenses)	-12.24	-12.86	-9.86	-1.21	-1.21	-2.15
EBT Excluding Unusual Items	53.3	52.28	111.05	11.59	87.58	23.41
Merger & Restructuring Charges	1.71	-	-	-	-	-
Impairment of Goodwill	-	-	-	-5.83	-	-
Gain (Loss) on Sale of Investments	9.12	9.12	-	-	-	-
Asset Writedown	-	-	-4.94	-9.14	-2.78	-
Other Unusual Items	-17.5	-16.6	-110.6	17.36	-26.11	-1.43
Pretax Income	46.63	44.8	-4.5	13.99	58.69	21.98
Income Tax Expense	11.13	10.82	0.02	6.48	16.24	7.19
Earnings From Continuing Operations	35.5	33.98	-4.51	7.5	42.45	14.8
Earnings From Discontinued Operations	-	-	74.07	4	11.74	13.83
Net Income	35.5	33.98	69.55	11.5	54.19	28.63
Net Income to Common	35.5	33.98	69.55	11.5	54.19	28.63
Net Income Growth	-53.91%	-51.14%	504.61%	-78.77%	89.27%	-9.79%
Shares Outstanding (Basic)	85	85	89	90	90	89
Shares Outstanding (Diluted)	85	85	89	90	90	89
Shares Change (YoY)	-3.57%	-4.52%	-1.09%	0.20%	0.74%	0.84%
EPS (Basic)	0.42	0.40	0.78	0.13	0.60	0.32
EPS (Diluted)	0.41	0.40	0.78	0.12	0.60	0.32
EPS Growth	-53.15%	-48.83%	527.91%	-79.28%	87.05%	-10.18%
Free Cash Flow	-12.47	-106.13	-2.76	-6.1	88.17	12.01
Free Cash Flow Per Share	-0.15	-1.25	-0.03	-0.07	0.98	0.13
Dividend Per Share	0.480	0.480	0.480	0.480	0.480	0.480
Gross Margin	12.52%	12.85%	17.91%	9.91%	18.23%	11.79%
Operating Margin	5.85%	6.10%	11.17%	2.77%	10.66%	4.66%
Profit Margin	2.63%	2.60%	5.69%	0.99%	4.91%	2.53%
Free Cash Flow Margin	-0.93%	-8.13%	-0.23%	-0.52%	7.99%	1.06%
EBITDA	96.8	99.82	158.41	68.17	151.37	89.71
EBITDA Margin	7.18%	7.65%	12.97%	5.84%	13.72%	7.93%
D&A For EBITDA	17.99	20.26	21.91	35.83	33.76	37
EBIT	78.81	79.56	136.5	32.35	117.61	52.71
EBIT Margin	5.85%	6.10%	11.17%	2.77%	10.66%	4.66%
Effective Tax Rate	23.87%	24.15%	-	46.34%	27.66%	32.68%

Source: S&P Capital IQ. Standard template.