TWC Enterprises Limited (TSX: TWC)

TWC Enterprises 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
Operating Revenue	260.98	225.87	186.51	174.01	127.22	163.64
Other Revenue	4.52	4.6	4.29	4.4	4.59	5.15
Revenue	265.5	230.47	190.81	178.42	131.8	168.79
Revenue Growth (YoY)	36.74%	20.79%	6.94%	35.37%	-21.91%	-2.23%
Cost of Revenue	193.46	154.59	107.22	105.79	69.81	98.49
Gross Profit	72.03	75.88	83.59	72.63	61.99	70.3
Selling, General & Admin	16.96	16.98	16.97	13.59	13.93	16.3
Other Operating Expenses	13.19	14.23	13.75	11.51	11.52	19.87
Operating Expenses	44.54	45.41	48.58	44.54	44.69	56.29
Operating Income	27.5	30.47	35.01	28.09	17.3	14.01
Interest Expense	-1.65	-2.33	-7.88	-6.98	-9.92	-11.41
Interest & Investment Income	12.35	11.3	8.69	6.66	6.31	6.48
Earnings From Equity Investments	-0.12	-0.12	0.46	1.27	0.12	1.14
Currency Exchange Gain (Loss)	0.31	0.66	0.25	-0.21	1.26	-6.94
Other Non Operating Income (Expenses)	-6.89	-1.32	-0.26	-10.97	-0.69	-0.93
EBT Excluding Unusual Items	31.49	38.66	36.26	17.87	14.37	2.35
Gain (Loss) on Sale of Investments	18.33	-14.84	-9.4	39.67	-23.55	2.43
Gain (Loss) on Sale of Assets	8.36	1.18	0.38	40.3	1.42	0.53
Asset Writedown	-	-	-	-	-	-0.35
Other Unusual Items	6.36	6.36	-	9.28	11.95	-
Pretax Income	65.4	31.55	27.82	110.94	4.18	7.09
Income Tax Expense	15.94	9.51	9.16	21.29	3.21	2.19
Earnings From Continuing Operations	49.47	22.04	18.67	89.65	0.97	4.9
Net Income to Company	49.47	22.04	18.67	89.65	0.97	4.9
Minority Interest in Earnings	0.88	0.88	0.1	0.3	-	-
Net Income	50.35	22.93	18.76	89.94	0.97	4.9
Net Income to Common	50.35	22.93	18.76	89.94	0.97	4.9
Net Income Growth	127.90%	22.20%	-79.14%	9162.82%	-80.20%	-97.83%
Shares Outstanding (Basic)	24	25	25	25	26	27
Shares Outstanding (Diluted)	24	25	25	25	26	27
Shares Change (YoY)	-0.42%	0.19%	-0.45%	-5.14%	-4.17%	-0.80%
EPS (Basic)	2.06	0.93	0.76	3.65	0.04	0.18
EPS (Diluted)	2.06	0.93	0.76	3.65	0.04	0.18
EPS Growth	128.87%	21.97%	-79.05%	9665.08%	-79.34%	-97.81%
Free Cash Flow	72.11	23.26	-1.07	44.46	23.11	40.46
Free Cash Flow Per Share	2.95	0.95	-0.04	1.80	0.89	1.49
Dividend Per Share	0.275	0.200	0.140	0.080	0.080	0.080
Dividend Growth	37.50%	42.86%	75.00%	0%	0%	0%
Gross Margin	27.13%	32.92%	43.81%	40.71%	47.03%	41.65%
Operating Margin	10.36%	13.22%	18.35%	15.75%	13.13%	8.30%
Profit Margin	18.96%	9.95%	9.83%	50.41%	0.74%	2.91%
Free Cash Flow Margin	27.16%	10.09%	-0.56%	24.92%	17.54%	23.97%
EBITDA	40.77	43.62	48.82	42.43	31.39	28.96
EBITDA Margin	15.36%	18.92%	25.58%	23.78%	23.82%	17.16%
D&A For EBITDA	13.27	13.14	13.8	14.33	14.1	14.95
EBIT	27.5	30.47	35.01	28.09	17.3	14.01
EBIT Margin	10.36%	13.22%	18.35%	15.75%	13.13%	8.30%
Effective Tax Rate	24.37%	30.14%	32.91%	19.19%	76.77%	30.87%
Revenue as Reported	265.5	230.47	190.81	178.42	131.8	168.79

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