Northland Power Inc. (TSX:NPI)

Northland Power Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,346	2,233	2,449	2,093	2,061
Other Revenue	10.38	10.9	-	-	-
Revenue	2,357	2,244	2,449	2,093	2,061
Revenue Growth (YoY)	5.04%	-8.38%	16.99%	1.58%	24.21%
Operations & Maintenance	649.94	620.56	352	327.89	300.92
Selling, General & Admin	175.61	229.35	161.29	137.68	135.43
Depreciation & Amortization	615.34	595.6	571.09	612.76	529.57
Amortization of Goodwill & Intangibles	58.38	57.02	53.61	23.28	43.36
Other Operating Expenses	-	-	270.43	213.49	202.33
Total Operating Expenses	1,499	1,503	1,408	1,315	1,212
Operating Income	857.38	741.16	1,040	778.15	849.02
Interest Expense	-380.73	-376.2	-332.81	-341.7	-321.23
Interest Income	71.39	61.52	24.79	18.45	20.6
Net Interest Expense	-309.34	-314.68	-308.02	-323.25	-300.63
Income (Loss) on Equity Investments	43.73	-279.85	-2.86	-	-
Currency Exchange Gain (Loss)	0.72	39.73	41.79	-81.32	71.34
Other Non-Operating Income (Expenses)	15.55	-80.19	489.69	87.29	-12.19
EBT Excluding Unusual Items	608.04	106.17	1,261	460.88	607.54
Total Merger & Restructuring Charges	-0.6	-	-0.9	-7.67	-7.47
Impairment of Goodwill	-	-163.17	-	-29.98	-
Gain (Loss) on Sale of Assets	-43.88	-	-	-	-
Pretax Income	563.56	-57	1,260	423.23	600.07
Income Tax Expense	192.17	39.13	304.66	153.35	115.01
Earnings From Continuing Ops.	371.39	-96.13	955.46	269.88	485.06
Minority Interest in Earnings	-99.56	-79.06	-127.72	-80.32	-103.98
Net Income	271.83	-175.19	827.73	189.56	381.08
Preferred Dividends & Other Adjustments	6.16	6.1	11.21	10.81	11.36
Net Income to Common	265.66	-181.3	816.53	178.75	369.71
Net Income Growth	-	-	336.66%	-50.26%	18.80%
Shares Outstanding (Basic)	257	253	236	219	199
Shares Outstanding (Diluted)	257	253	236	219	201
Shares Change (YoY)	1.82%	7.01%	7.90%	8.79%	7.22%
EPS (Basic)	1.03	-0.72	3.46	0.82	1.86
EPS (Diluted)	1.03	-0.72	3.46	0.82	1.85
EPS Growth	-	-	323.35%	-55.80%	9.89%
Free Cash Flow	476.75	369.59	1,380	1,140	1,095
Free Cash Flow Per Share	1.85	1.46	5.84	5.21	5.44
Dividend Per Share	1.200	1.200	1.200	1.200	1.200
Profit Margin	11.27%	-8.08%	33.34%	8.54%	17.94%
Free Cash Flow Margin	20.23%	16.47%	56.37%	54.44%	53.14%
EBITDA	1,527	1,384	1,653	1,407	1,416
EBITDA Margin	64.79%	61.68%	67.51%	67.20%	68.74%
D&A For EBITDA	669.51	642.71	612.86	628.56	567.37
EBIT	857.38	741.16	1,040	778.15	849.02
EBIT Margin	36.38%	33.03%	42.49%	37.17%	41.20%
Effective Tax Rate	34.10%	-	24.18%	36.23%	19.17%
Revenue as Reported	-	-	2,449	2,093	2,061

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.