MDA Space Ltd. (TSX: MDA)

MDA Space Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	938.5	807.6	641.2	476.9	394.13
Revenue Growth (YoY)	18.99%	25.95%	34.45%	21.00%	-
Cost of Revenue	640.6	532	389.1	285.6	253.87
Gross Profit	297.9	275.6	252.1	191.3	140.27
Selling, General & Admin	74.5	68.8	60	58.3	66.8
Research & Development	33.5	39.3	32.8	21.1	8
Operating Expenses	207.2	196.2	177.5	172.7	159.07
Operating Income	90.7	79.4	74.6	18.6	-18.8
Interest Expense	-18.4	-8.6	-18.6	-26.8	-39.2
Interest & Investment Income	5.4	2	0.4	-	-
Currency Exchange Gain (Loss)	6.7	-2.8	3.7	-1.5	-2
Other Non Operating Income (Expenses)	-0.3	-0.8	-20.2	1.6	9.33
EBT Excluding Unusual Items	84.1	69.2	39.9	-8.1	-50.67
Merger & Restructuring Charges	-1.9	-1.9	-	-	-28.53
Other Unusual Items	-	-	-5.7	19.4	55.47
Pretax Income	88	67.3	34.2	11.3	-23.73
Income Tax Expense	20.2	18.5	7.9	8.4	-0.67
Net Income	67.8	48.8	26.3	2.9	-23.07
Net Income to Common	67.8	48.8	26.3	2.9	-23.07
Net Income Growth	53.74%	85.55%	806.90%	-	-
Shares Outstanding (Basic)	120	119	119	109	81
Shares Outstanding (Diluted)	123	121	122	116	81
Shares Change (YoY)	1.80%	-1.04%	5.29%	44.19%	-
EPS (Basic)	0.57	0.41	0.22	0.03	-0.29
EPS (Diluted)	0.55	0.40	0.21	0.02	-0.29
EPS Growth	53.05%	90.48%	950.00%	-	-
Free Cash Flow	257.6	-134.5	-80.8	19.6	71.47
Free Cash Flow Per Share	2.09	-1.11	-0.66	0.17	0.89
Gross Margin	31.74%	34.13%	39.32%	40.11%	35.59%
Operating Margin	9.66%	9.83%	11.63%	3.90%	-4.77%
Profit Margin	7.22%	6.04%	4.10%	0.61%	-5.85%
Free Cash Flow Margin	27.45%	-16.65%	-12.60%	4.11%	18.13%
EBITDA	138.6	131.2	128.9	75.7	36.8
EBITDA Margin	14.77%	16.25%	20.10%	15.87%	9.34%
D&A For EBITDA	47.9	51.8	54.3	57.1	55.6
EBIT	90.7	79.4	74.6	18.6	-18.8
EBIT Margin	9.66%	9.83%	11.63%	3.90%	-4.77%
Effective Tax Rate	22.95%	27.49%	23.10%	74.34%	-

Source: S&P Capital IQ. Standard template. Financial Sources.