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	Oct 31, 2024	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021	Apr 30, 2020
Revenue	680.16	706.69	735.74	650.42	432.08	409.14
Revenue Growth (YoY)	-8.09%	-3.95%	13.12%	50.53%	5.60%	6.32%
Cost of Revenue	542.55	553.97	558.84	510.64	367.99	348.5
Gross Profit	137.61	152.72	176.9	139.77	64.09	60.64
Selling, General & Admin	71.67	68.9	64.96	57.04	47.08	48.04
Other Operating Expenses	9.42	10.05	12.85	10.94	3.81	2.4
Operating Expenses	81.37	79.22	78.32	68.36	51.19	50.71
Operating Income	56.24	73.5	98.59	71.42	12.9	9.94
Interest Expense	-	-	-	-1.63	-1.17	-1.11
Currency Exchange Gain (Loss)	-3.26	-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	55.38	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	0.03	-	-	-	-	-
Gain (Loss) on Sale of Assets	1.02	0.84	0.91	0.55	0.39	0.04
Pretax Income	56.42	71.01	97.57	68.48	13.59	-55.55
Income Tax Expense	14.77	17.93	22.65	15.03	3.55	15.41
Net Income	41.65	53.09	74.92	53.46	10.03	-70.96
Net Income to Common	41.65	53.09	74.92	53.46	10.03	-70.96
Net Income Growth	-42.57%	-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)	-1.41%	-0.84%	0.62%	2.43%	0.37%	0.20%
EPS (Basic)	0.51	0.64	0.90	0.65	0.12	-0.88
EPS (Diluted)	0.51	0.64	0.90	0.65	0.12	-0.88
EPS Growth	-41.71%	-28.89%	38.48%	441.60%	-	-
Free Cash Flow	33.36	38.5	54.5	44.93	3.15	12.97
Free Cash Flow Per Share	0.41	0.47	0.65	0.54	0.04	0.16
Gross Margin	20.23%	21.61%	24.04%	21.49%	14.83%	14.82%
Operating Margin	8.27%	10.40%	13.40%	10.98%	2.98%	2.43%
Profit Margin	6.12%	7.51%	10.18%	8.22%	2.32%	-17.34%
Free Cash Flow Margin	4.90%	5.45%	7.41%	6.91%	0.73%	3.17%
EBITDA	110.04	123.44	144.36	113.72	50.85	48.24
EBITDA Margin	16.18%	17.47%	19.62%	17.48%	11.77%	11.79%
D&A For EBITDA	53.8	49.94	45.78	42.3	37.95	38.3
EBIT	56.24	73.5	98.59	71.42	12.9	9.94
EBIT Margin	8.27%	10.40%	13.40%	10.98%	2.98%	2.43%
Effective Tax Rate	26.18%	25.25%	23.21%	21.94%	26.14%	-

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