Finning International Inc. (TSX: FTT)

Finning International Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	10,527	9,279	7,294	6,196	7,817
Revenue Growth (YoY)	13.45%	27.21%	17.72%	-20.74%	11.74%
Cost of Revenue	7,951	7,056	5,493	4,626	6,018
Gross Profit	2,576	2,223	1,801	1,570	1,799
Selling, General & Admin	1,643	1,458	1,266	1,245	1,360
Other Operating Expenses	0	0	-10	-115	2
Operating Expenses	1,643	1,458	1,256	1,130	1,362
Operating Income	932	755	533	436	443
Interest Income	0	82	61	1	1
Interest Expense	151	82	61	78	98
Other Expense / Income	30	80	55	52	28
Pretax Income	749	673	477	307	318
Income Tax	228	172	114	75	76
Net Income	523	503	364	232	242
Net Income Growth	3.98%	38.19%	56.90%	-4.13%	4.31%
Shares Outstanding (Basic)	147	155	161	162	163
Shares Outstanding (Diluted)	148	155	162	162	163
Shares Change	-4.74%	-4.07%	-0.43%	-0.71%	-2.99%
EPS (Basic)	3.55	3.25	2.26	1.43	1.48
EPS (Diluted)	3.54	3.24	2.25	1.43	1.48
EPS Growth	9.26%	44.00%	57.34%	-3.38%	7.25%
Free Cash Flow	8	-170	292	847	37
Free Cash Flow Per Share	0.05	-1.10	1.81	5.22	0.23
Gross Margin	24.47%	23.96%	24.69%	25.34%	23.01%
Operating Margin	8.85%	8.14%	7.31%	7.04%	5.67%
Profit Margin	4.97%	5.42%	4.99%	3.74%	3.10%
Free Cash Flow Margin	0.08%	-1.83%	4.00%	13.67%	0.47%
Effective Tax Rate	30.44%	25.56%	23.90%	24.43%	23.90%
EBITDA	1,311	1,088	852	744	736
EBITDA Margin	12.45%	11.73%	11.68%	12.01%	9.42%
Depreciation & Amortization	379	333	319	308	293
EBIT	932	755	533	436	443
EBIT Margin	8.85%	8.14%	7.31%	7.04%	5.67%

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