Titanium Transportation Group Inc. (TSX: TTNM)

TTNM Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	438.69	496.37	399.44	200.74	167.03
Revenue Growth (YoY)	-11.62%	24.27%	98.98%	20.18%	-9.63%
Cost of Revenue	404.09	450.88	378.79	185.39	156.27
Gross Profit	34.6	45.5	20.66	15.35	10.76
Selling, General & Admin	14.28	12.34	10.69	5.59	5.83
Other Operating Expenses	0	12.34	10.69	5.59	5.83
Operating Expenses	14.28	12.34	10.69	5.59	5.83
Operating Income	20.32	33.37	10.2	10.15	5.31
Interest Income	0.52	0.2	0.23	0.39	0.38
Interest Expense	9.42	4.88	3.05	2.84	3.42
Other Expense / Income	-3.06	-4.9	-0.3	-1.17	-0.18
Pretax Income	14.49	33.59	7.69	8.87	2.46
Income Tax	4.26	8.71	2.65	2.6	0.87
Net Income	10.23	24.88	5.04	6.27	1.59
Net Income Growth	-58.89%	394.18%	-19.65%	295.32%	-72.68%
Shares Outstanding (Basic)	44	44	40	36	36
Shares Outstanding (Diluted)	46	45	41	37	37
Shares Change	0.78%	9.31%	10.77%	1.70%	0.59%
EPS (Basic)	0.23	0.56	0.13	0.17	0.04
EPS (Diluted)	0.22	0.55	0.12	0.17	0.04
EPS Growth	-60.00%	358.33%	-29.41%	293.52%	-73.00%
Free Cash Flow	-41.41	-27.06	12.65	15.78	17.71
Free Cash Flow Per Share	-0.91	-0.60	0.31	0.42	0.48
Gross Margin	7.89%	9.17%	5.17%	7.65%	6.44%
Operating Margin	4.63%	6.72%	2.55%	5.06%	3.18%
Profit Margin	2.33%	5.01%	1.26%	3.12%	0.95%
Free Cash Flow Margin	-9.44%	-5.45%	3.17%	7.86%	10.60%
Effective Tax Rate	29.39%	25.92%	34.52%	29.33%	35.48%
EBITDA	52.94	60.89	31.54	23.48	18.84
EBITDA Margin	12.07%	12.27%	7.90%	11.70%	11.28%
Depreciation & Amortization	32.61	27.53	21.34	13.33	13.52
EBIT	20.32	33.37	10.2	10.15	5.31
EBIT Margin	4.63%	6.72%	2.55%	5.06%	3.18%

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