Major Drilling Group International Inc. (TSX:MDI)

TSX:MDI Income Statement

Financials in millions CAD. Fiscal year is May - April.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan 31, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021	Apr 30, 2020
Revenue	708.07	706.69	735.74	650.42	432.08	409.14
Revenue Growth (YoY)	-2.15%	-3.95%	13.12%	50.53%	5.61%	6.32%
Cost of Revenue	572.8	553.97	558.84	510.64	367.99	348.5
Gross Profit	135.26	152.72	176.9	139.77	64.09	60.64
Selling, General & Admin	77.28	68.9	64.96	57.04	47.08	48.04
Other Operating Expenses	9.23	10.05	12.85	10.94	3.81	2.4
Operating Expenses	86.78	79.22	78.32	68.36	51.19	50.71
Operating Income	48.48	73.5	98.59	71.42	12.9	9.94
Interest Expense	-1.08	-	-	-1.63	-1.17	-1.11
Currency Exchange Gain (Loss)	-2.56	-5.53	-2.76	-1.4	1.47	-0.95
Other Non Operating Income (Expenses)	2.2	2.2	0.83	-	-	-
EBT Excluding Unusual Items	47.05	70.17	96.66	68.39	13.19	7.88
Merger & Restructuring Charges	-	-	-	-0.45	-	-4.74
Impairment of Goodwill	-	-	-	-	-	-58.74
Gain (Loss) on Sale of Investments	-0.31	-	-	-	-	-
Gain (Loss) on Sale of Assets	1.12	0.84	0.91	0.55	0.39	0.04
Pretax Income	47.86	71.01	97.57	68.48	13.59	-55.55
Income Tax Expense	13	17.93	22.65	15.03	3.55	15.41
Net Income	34.87	53.09	74.92	53.46	10.03	-70.96
Net Income to Common	34.87	53.09	74.92	53.46	10.03	-70.96
Net Income Growth	-45.48%	-29.15%	40.15%	432.78%	-	-
Shares Outstanding (Basic)	82	82	83	82	81	80
Shares Outstanding (Diluted)	82	83	83	83	81	80
Shares Change (YoY)	-1.13%	-0.84%	0.62%	2.43%	0.37%	0.20%
EPS (Basic)	0.43	0.64	0.90	0.65	0.12	-0.88
EPS (Diluted)	0.42	0.64	0.90	0.65	0.12	-0.88
EPS Growth	-45.54%	-28.89%	38.48%	441.60%	-	-
Free Cash Flow	32.32	38.5	54.5	44.93	3.15	12.97
Free Cash Flow Per Share	0.39	0.47	0.66	0.54	0.04	0.16
Gross Margin	19.10%	21.61%	24.04%	21.49%	14.83%	14.82%
Operating Margin	6.85%	10.40%	13.40%	10.98%	2.98%	2.43%
Profit Margin	4.92%	7.51%	10.18%	8.22%	2.32%	-17.34%
Free Cash Flow Margin	4.56%	5.45%	7.41%	6.91%	0.73%	3.17%
EBITDA	106.04	123.44	144.36	113.72	50.85	48.24
EBITDA Margin	14.98%	17.47%	19.62%	17.48%	11.77%	11.79%
D&A For EBITDA	57.56	49.94	45.78	42.3	37.95	38.3
EBIT	48.48	73.5	98.59	71.42	12.9	9.94
EBIT Margin	6.85%	10.40%	13.40%	10.98%	2.98%	2.43%
Effective Tax Rate	27.16%	25.25%	23.21%	21.94%	26.15%	-

Updated Mar 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.