Precision Drilling Corporation (TSX: PD)

Precision Drilling Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,938	1,617	986.85	935.75	1,541
Revenue Growth (YoY)	19.83%	63.87%	5.46%	-39.29%	0.01%
Cost of Revenue	1,512	1,404	980.47	899.74	1,373
Gross Profit	426.16	213.56	6.38	36.01	168.74
Selling, General & Admin	122.19	180.99	95.93	70.87	104.01
Other Operating Expenses	0	0	0	0	20.26
Operating Expenses	122.19	180.99	95.93	70.87	124.27
Operating Income	303.97	32.57	-89.55	-34.86	44.46
Interest Income	1.39	0.32	0.21	0.74	1.58
Interest Expense	84.81	87.81	91.43	107.47	118.45
Other Expense / Income	-45.22	-40.78	2.01	-32.4	-64.07
Pretax Income	265.78	-14.14	-182.78	-109.18	-8.34
Income Tax	-23.47	20.15	-5.4	10.95	-14.96
Net Income	289.24	-34.29	-177.39	-120.14	6.62
Shares Outstanding (Basic)	14	14	13	14	15
Shares Outstanding (Diluted)	15	14	13	14	15
Shares Change	12.85%	1.73%	-2.97%	-7.65%	1.23%
EPS (Basic)	21.03	-2.53	-13.32	-8.76	0.46
EPS (Diluted)	18.92	-2.53	-13.32	-8.76	0.45
Free Cash Flow	273.82	52.85	63.28	164.53	127.47
Free Cash Flow Per Share	17.91	3.90	4.75	11.99	8.58
Gross Margin	21.99%	13.21%	0.65%	3.85%	10.95%
Operating Margin	15.69%	2.01%	-9.07%	-3.73%	2.88%
Profit Margin	14.93%	-2.12%	-17.98%	-12.84%	0.43%
Free Cash Flow Margin	14.13%	3.27%	6.41%	17.58%	8.27%
Effective Tax Rate	-8.83%	-	-	-	-
EBITDA	611.12	311.61	192.77	281.46	378.08
EBITDA Margin	31.54%	19.27%	19.53%	30.08%	24.53%
Depreciation & Amortization	307.15	279.04	282.33	316.32	333.62
EBIT	303.97	32.57	-89.55	-34.86	44.46
EBIT Margin	15.69%	2.01%	-9.07%	-3.73%	2.88%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.