Mullen Group Ltd. (TSX: MTL)

Mullen Group Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,989	1,995	1,999	1,477	1,164	1,279
Revenue Growth (YoY)	-0.49%	-0.24%	35.33%	26.89%	-8.93%	1.40%
Cost of Revenue	1,389	1,405	1,428	1,060	816.64	909.91
Gross Profit	600.14	589.77	571.51	417.44	347.69	368.59
Selling, General & Admin	249.59	249.88	241.63	198.76	156.62	167.68
Other Operating Expenses	0.02	0.02	0.02	0.02	0.03	0.02
Operating Expenses	375.11	365.79	354.16	312.75	258.23	271.89
Operating Income	225.03	223.97	217.35	104.69	89.46	96.7
Interest Expense	-41.94	-37.85	-35.44	-30.8	-29.89	-26
Interest & Investment Income	0.79	0.79	0.4	0.42	1.42	2.38
Earnings From Equity Investments	2.16	2.27	8.55	1.66	1.81	2.87
Currency Exchange Gain (Loss)	3.28	4.2	-10.79	0.72	2.39	14.14
EBT Excluding Unusual Items	189.33	193.39	180.07	76.69	65.2	90.09
Merger & Restructuring Charges	-24.1	-11.7	-	-	-	-
Gain (Loss) on Sale of Investments	0.52	-0.25	2.94	1.17	-0.54	0.02
Gain (Loss) on Sale of Assets	0.12	1.7	27.87	0.29	-5.02	-2.67
Asset Writedown	-	-	-	-	-	-7.3
Other Unusual Items	-	-	-	17.85	26.5	-
Pretax Income	165.87	183.14	210.88	96	86.13	80.14
Income Tax Expense	43.03	46.42	52.26	23.56	22.16	7.9
Net Income	122.85	136.72	158.62	72.44	63.98	72.24
Net Income to Common	122.85	136.72	158.62	72.44	63.98	72.24
Net Income Growth	-27.23%	-13.81%	118.98%	13.22%	-11.44%	-
Shares Outstanding (Basic)	88	90	93	96	101	105
Shares Outstanding (Diluted)	97	99	102	96	101	105
Shares Change (YoY)	-2.87%	-3.23%	6.53%	-4.47%	-4.01%	0.53%
EPS (Basic)	1.40	1.52	1.70	0.75	0.64	0.69
EPS (Diluted)	1.34	1.45	1.62	0.75	0.64	0.69
EPS Growth	-23.94%	-10.31%	115.83%	17.96%	-7.74%	-
Free Cash Flow	212.64	175.15	181.56	129.76	159.88	95.63
Free Cash Flow Per Share	2.18	1.77	1.77	1.35	1.59	0.91
Dividend Per Share	0.740	0.720	0.680	0.480	0.330	0.600
Dividend Growth	2.78%	5.88%	41.67%	45.45%	-45.00%	0%
Gross Margin	30.17%	29.57%	28.58%	28.25%	29.86%	28.83%
Operating Margin	11.31%	11.23%	10.87%	7.09%	7.68%	7.56%
Profit Margin	6.18%	6.85%	7.93%	4.90%	5.49%	5.65%
Free Cash Flow Margin	10.69%	8.78%	9.08%	8.78%	13.73%	7.48%
EBITDA	311.94	310.75	305.7	200.82	179.51	196.5
EBITDA Margin	15.68%	15.58%	15.29%	13.59%	15.42%	15.37%
D&A For EBITDA	86.91	86.78	88.35	96.13	90.06	99.8
EBIT	225.03	223.97	217.35	104.69	89.46	96.7
EBIT Margin	11.31%	11.23%	10.87%	7.09%	7.68%	7.56%
Effective Tax Rate	25.94%	25.35%	24.78%	24.54%	25.72%	9.85%

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