MCAN Mortgage Corporation (TSX: MKP)

MCAN Mortgage Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	124.85	123.94	94.33	100.21	71.09	75.33
Revenue Growth (YoY)	19.68%	31.38%	-5.86%	40.95%	-5.62%	22.93%
Cost of Revenue	12.54	12.04	10.42	8.67	6.77	6.03
Gross Profit	112.32	111.9	83.91	91.54	64.33	69.3
Selling, General & Admin	34.5	33.57	28.64	27.45	21.68	21.2
Other Operating Expenses	0.1	0.1	0.21	0.13	-	0.36
Operating Expenses	34.6	33.67	28.85	27.58	21.68	21.56
Operating Income	77.72	78.23	55.07	63.97	42.65	47.74
Pretax Income	77.72	78.23	55.07	63.97	42.65	47.74
Income Tax	0.28	0.73	-0.29	-0.4	-0.24	-0.55
Net Income	77.44	77.5	55.35	64.36	42.89	48.29
Net Income Common	77.44	77.5	55.35	64.36	42.89	48.29
Net Income Growth	22.63%	40.00%	-14.00%	50.05%	-11.18%	33.07%
Shares Change	8.39%	11.55%	16.80%	9.17%	1.83%	1.96%
EPS (Diluted)	2.20	2.22	1.77	2.40	1.75	2.01
EPS Growth	13.13%	25.51%	-26.36%	37.44%	-12.78%	30.51%
Free Cash Flow	10.35	-60.26	27.99	-113.73	58.81	-32.34
Free Cash Flow Per Share	0.29	-1.73	0.90	-4.25	2.40	-1.34
Dividend Per Share	1.510	1.480	1.440	1.360	1.360	1.280
Dividend Growth	4.86%	2.78%	5.88%	0%	6.25%	-10.49%
Gross Margin	89.96%	90.29%	88.95%	91.35%	90.48%	91.99%
Operating Margin	62.25%	63.12%	58.37%	63.83%	59.99%	63.38%
Profit Margin	62.03%	62.53%	58.68%	64.23%	60.33%	64.11%
Free Cash Flow Margin	8.29%	-48.62%	29.67%	-113.50%	82.72%	-42.93%
Effective Tax Rate	0.36%	0.93%	-	-	-	-

Source: S&P Capital IQ. Financial Services template.