Pizza Pizza Royalty Corp. (TSX: PZA)

Pizza Pizza Royalty 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	40.01	40.22	36.43	31.92	31.79	35.95
Revenue Growth (YoY)	1.24%	10.41%	14.12%	0.41%	-11.56%	1.52%
Gross Profit	40.01	40.22	36.43	31.92	31.79	35.95
Selling, General & Admin	0.73	0.64	0.63	0.56	0.64	0.49
Operating Expenses	0.73	0.64	0.63	0.56	0.64	0.49
Operating Income	39.29	39.58	35.8	31.36	31.15	35.45
Interest Expense	-1.28	-1.28	-1.32	-1.36	-0.72	-1.34
Interest & Investment Income	0.43	0.38	0.08	-	-	-
EBT Excluding Unusual Items	38.43	38.67	34.56	30.01	30.43	34.12
Pretax Income	38.43	38.67	34.56	30.01	30.43	34.12
Income Tax Expense	7.3	7.7	7.01	6.08	5.96	6.81
Net Income	31.13	30.98	27.55	23.92	24.47	27.31
Net Income to Common	31.13	30.98	27.55	23.92	24.47	27.31
Net Income Growth	2.46%	12.44%	15.16%	-2.25%	-10.37%	1.56%
Shares Outstanding (Basic)	33	32	32	32	32	32
Shares Outstanding (Diluted)	33	32	32	32	32	32
Shares Change (YoY)	1.45%	0.50%	-	-	0.66%	0.95%
EPS (Basic)	0.95	0.96	0.86	0.74	0.76	0.85
EPS (Diluted)	0.95	0.96	0.86	0.74	0.76	0.85
EPS Growth	0.99%	11.88%	15.16%	-2.25%	-10.95%	0.60%
Free Cash Flow	31.43	31.35	28.99	24.75	25.19	28.3
Free Cash Flow Per Share	0.96	0.97	0.90	0.77	0.78	0.89
Dividend Per Share	0.927	0.887	0.797	0.685	0.674	0.856
Dividend Growth	7.23%	11.29%	16.42%	1.65%	-21.24%	0%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	98.19%	98.40%	98.27%	98.25%	98.00%	98.63%
Profit Margin	77.81%	77.02%	75.63%	74.95%	76.99%	75.96%
Free Cash Flow Margin	78.54%	77.95%	79.58%	77.55%	79.23%	78.72%
EBIT	39.29	39.58	35.8	31.36	31.15	35.45
EBIT Margin	98.19%	98.40%	98.27%	98.25%	98.00%	98.63%
Effective Tax Rate	19.00%	19.90%	20.27%	20.27%	19.58%	19.97%

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