Innergex Renewable Energy Inc. (TSX: INE)

Innergex Renewable Energy Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	969.89	870.49	747.21	613.21	557.04
Revenue Growth (YoY)	11.42%	16.50%	21.85%	10.08%	-3.39%
Cost of Revenue	-71.68	543.82	404.75	131.44	98.46
Gross Profit	1,042	326.67	342.46	481.77	458.59
Selling, General & Admin	69.24	77.81	73.81	59.66	49.41
Research & Development	27.16	24.74	27.37	16.71	12.91
Other Operating Expenses	-7.31	476.64	313.47	295.07	193.39
Operating Expenses	701.37	554.45	387.28	354.72	242.81
Operating Income	219.58	301.2	269.5	236.73	337.45
Interest Income	7.49	2.02	0.63	4.98	231.42
Interest Expense	322.11	287.73	234.83	218.18	213.9
Other Expense / Income	50.33	113.18	246.94	33.74	289.15
Pretax Income	-152.73	-97.69	-211.63	-10.21	65.83
Income Tax	-46.91	-6.58	-26.24	18.9	118.85
Net Income	-98.45	-91.12	-185.39	-29.11	-53.03
Shares Outstanding (Basic)	204	202	181	170	135
Shares Outstanding (Diluted)	204	202	181	170	135
Shares Change	0.86%	11.60%	6.20%	26.46%	2.87%
EPS (Basic)	-0.48	-0.45	-1.03	-0.17	-0.39
EPS (Diluted)	-0.48	-0.45	-1.03	-0.17	-0.39
Free Cash Flow	-389.35	278.91	14.88	-283.49	-607.67
Free Cash Flow Per Share	-1.91	1.38	0.08	-1.66	-4.51
Gross Margin	107.39%	37.53%	45.83%	78.56%	82.33%
Operating Margin	22.64%	34.60%	36.07%	38.60%	60.58%
Profit Margin	-10.15%	-10.47%	-24.81%	-4.75%	-9.52%
Free Cash Flow Margin	-40.14%	32.04%	1.99%	-46.23%	-109.09%
Effective Tax Rate	-	-	-	-	180.56%
EBITDA	692.2	637.25	525.14	465.25	532.03
EBITDA Margin	71.37%	73.21%	70.28%	75.87%	95.51%
Depreciation & Amortization	361.29	336.05	255.64	228.53	194.58
EBIT	330.9	301.2	269.5	236.73	337.45
EBIT Margin	34.12%	34.60%	36.07%	38.60%	60.58%

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