MDA Ltd. (TSX: MDA)

MDA Ltd. Income Statement

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

Year	2023	2022	2021	2020
Revenue	807.6	641.2	476.9	295.6
Revenue Growth (YoY)	25.95%	34.45%	61.33%	-
Cost of Revenue	610.1	412.8	309.1	261.8
Gross Profit	197.5	228.4	167.8	33.8
Selling, General & Admin	80.7	68.5	71.8	55.2
Research & Development	71.6	32.8	21.1	19
Other Operating Expenses	0	52.5	31.5	0
Operating Expenses	152.3	153.8	124.4	74.2
Operating Income	45.2	74.6	44.2	-40.4
Interest Income	2	18.2	26.8	39.2
Interest Expense	17.5	34.2	32.2	29.4
Other Expense / Income	-5.3	24.4	27.5	13.5
Pretax Income	35	34.2	11.3	-44.1
Income Tax	-13.8	7.9	8.4	-26.8
Net Income	48.8	26.3	2.9	-17.3
Net Income Growth	85.55%	806.90%	-	-
Shares Outstanding (Basic)	119	119	119	118
Shares Outstanding (Diluted)	121	122	119	118
Shares Change	-1.04%	3.17%	0.77%	-
EPS (Basic)	0.41	0.22	0.02	-0.15
EPS (Diluted)	0.40	0.21	0.02	-0.15
EPS Growth	90.48%	760.66%	-	-
Free Cash Flow	-179.7	-123.1	-22.5	43.1
Free Cash Flow Per Share	-1.48	-1.01	-0.19	0.37
Gross Margin	24.46%	35.62%	35.19%	11.43%
Operating Margin	5.60%	11.63%	9.27%	-13.67%
Profit Margin	6.04%	4.10%	0.61%	-5.85%
Free Cash Flow Margin	-22.25%	-19.20%	-4.72%	14.58%
Effective Tax Rate	-39.43%	23.10%	74.34%	-
EBITDA	123.3	150.8	124	17.9
EBITDA Margin	15.27%	23.52%	26.00%	6.06%
Depreciation & Amortization	78.1	76.2	79.8	58.3
EBIT	45.2	74.6	44.2	-40.4
EBIT Margin	5.60%	11.63%	9.27%	-13.67%

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