Northland Power Inc. (TSX: NPI)

Northland Power 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	2,401	2,233	2,449	2,093	2,061	1,659
Revenue Growth (YoY)	6.80%	-8.82%	16.99%	1.58%	24.21%	6.65%
Operations & Maintenance	465.92	408.82	352	327.89	300.92	214.18
Selling, General & Admin	194.38	228.8	161.29	137.68	135.43	89.58
Depreciation & Amortization	623.17	595.6	571.09	612.76	529.57	438.8
Amortization of Goodwill & Intangibles	58.16	57.02	53.61	23.28	43.36	24.85
Other Operating Expenses	208.95	211.74	270.43	213.49	202.33	116.29
Total Operating Expenses	1,551	1,502	1,408	1,315	1,212	883.69
Operating Income	850.06	730.81	1,040	778.15	849.02	775.29
Interest Expense	-422.03	-376.2	-332.81	-341.7	-321.23	-272.47
Interest Income	89.57	72.42	24.79	18.45	20.6	18.43
Net Interest Expense	-332.46	-303.78	-308.02	-323.25	-300.63	-254.05
Income (Loss) on Equity Investments	-244.97	-279.85	-2.86	-	-	-
Currency Exchange Gain (Loss)	10.64	39.73	41.79	-81.32	71.34	-5.18
Other Non-Operating Income (Expenses)	-52.69	-80.19	489.69	87.29	-12.19	113.45
EBT Excluding Unusual Items	230.58	106.72	1,261	460.88	607.54	629.52
Total Merger & Restructuring Charges	-0.55	-0.55	-0.9	-7.67	-7.47	-1.25
Impairment of Goodwill	-163.17	-163.17	-	-29.98	-	-
Gain (Loss) on Sale of Assets	-43.88	-	-	-	-	-
Asset Writedown	-	-	-	-	-	-97.78
Pretax Income	22.98	-57	1,260	423.23	600.07	530.48
Income Tax Expense	69.98	39.13	304.66	153.35	115.01	78.73
Earnings From Continuing Ops.	-47	-96.13	955.46	269.88	485.06	451.75
Minority Interest in Earnings	-95.07	-79.06	-127.72	-80.32	-103.98	-130.99
Net Income	-142.06	-175.19	827.73	189.56	381.08	320.76
Preferred Dividends & Other Adjustments	6.24	6.1	11.21	10.81	11.36	11.73
Net Income to Common	-148.3	-181.3	816.53	178.75	369.71	309.04
Net Income Growth	-	-	336.66%	-50.26%	18.80%	15.33%
Shares Outstanding (Basic)	256	253	236	219	199	180
Shares Outstanding (Diluted)	256	253	236	219	201	188
Shares Change (YoY)	2.14%	7.01%	7.90%	8.79%	7.22%	-1.04%
EPS (Basic)	-0.58	-0.72	3.46	0.82	1.86	1.71
EPS (Diluted)	-0.58	-0.72	3.46	0.82	1.85	1.68
EPS Growth	-	-	323.35%	-55.80%	9.89%	15.30%
Free Cash Flow	141.61	344.1	1,380	1,140	1,095	458.38
Free Cash Flow Per Share	0.55	1.36	5.85	5.21	5.44	2.44
Dividend Per Share	1.200	1.200	1.200	1.200	1.200	1.200
Profit Margin	-6.18%	-8.12%	33.34%	8.54%	17.94%	18.63%
Free Cash Flow Margin	5.90%	15.41%	56.37%	54.44%	53.14%	27.63%
EBITDA	1,523	1,374	1,653	1,407	1,416	1,236
EBITDA Margin	63.46%	61.52%	67.51%	67.20%	68.74%	74.53%
D&A For EBITDA	673.32	642.71	612.86	628.56	567.37	461.1
EBIT	850.06	730.81	1,040	778.15	849.02	775.29
EBIT Margin	35.41%	32.73%	42.49%	37.17%	41.20%	46.73%
Effective Tax Rate	304.54%	-	24.18%	36.23%	19.17%	14.84%
Revenue as Reported	2,401	2,233	2,449	2,093	2,061	1,659

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