TWC Enterprises Limited (TSX:TWC)

TWC Enterprises Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	241.56	225.87	186.51	174.01	127.22
Other Revenue	4.54	4.6	4.29	4.4	4.59
Revenue	246.1	230.47	190.81	178.42	131.8
Revenue Growth (YoY)	6.78%	20.79%	6.94%	35.37%	-21.91%
Cost of Revenue	167.11	154.59	107.22	105.79	69.81
Gross Profit	78.99	75.88	83.59	72.63	61.99
Selling, General & Admin	16.99	16.98	16.97	13.59	13.93
Other Operating Expenses	13.4	14.23	13.75	11.51	11.52
Operating Expenses	44.66	45.41	48.58	44.54	44.69
Operating Income	34.33	30.47	35.01	28.09	17.3
Interest Expense	-1.33	-2.33	-7.88	-6.98	-9.92
Interest & Investment Income	13.1	11.3	8.69	6.66	6.31
Earnings From Equity Investments	-0.05	-0.12	0.46	1.27	0.12
Currency Exchange Gain (Loss)	-0.49	0.66	0.25	-0.21	1.26
Other Non Operating Income (Expenses)	0.37	-1.59	-0.26	-10.97	-0.69
EBT Excluding Unusual Items	45.92	38.4	36.26	17.87	14.37
Gain (Loss) on Sale of Investments	0.84	-14.84	-9.4	39.67	-23.55
Gain (Loss) on Sale of Assets	8.21	1.18	0.38	40.3	1.42
Other Unusual Items	-	6.62	-	9.28	11.95
Pretax Income	55.83	31.55	27.82	110.94	4.18
Income Tax Expense	15.23	9.51	9.16	21.29	3.21
Earnings From Continuing Operations	40.6	22.04	18.67	89.65	0.97
Net Income to Company	40.6	22.04	18.67	89.65	0.97
Minority Interest in Earnings	0.25	0.88	0.1	0.3	-
Net Income	40.85	22.93	18.76	89.94	0.97
Net Income to Common	40.85	22.93	18.76	89.94	0.97
Net Income Growth	78.16%	22.20%	-79.14%	9162.82%	-80.20%
Shares Outstanding (Basic)	24	25	25	25	26
Shares Outstanding (Diluted)	24	25	25	25	26
Shares Change (YoY)	-0.58%	0.19%	-0.45%	-5.14%	-4.17%
EPS (Basic)	1.67	0.93	0.76	3.65	0.04
EPS (Diluted)	1.67	0.93	0.76	3.65	0.04
EPS Growth	79.20%	21.97%	-79.05%	9665.08%	-79.34%
Free Cash Flow	62.92	23.26	-1.07	44.46	23.11
Free Cash Flow Per Share	2.58	0.95	-0.04	1.80	0.89
Dividend Per Share	0.300	0.200	0.140	0.080	0.080
Dividend Growth	50.00%	42.86%	75.00%	-	-
Gross Margin	32.10%	32.92%	43.81%	40.71%	47.03%
Operating Margin	13.95%	13.22%	18.35%	15.75%	13.13%
Profit Margin	16.60%	9.95%	9.83%	50.41%	0.74%
Free Cash Flow Margin	25.57%	10.09%	-0.56%	24.92%	17.54%
EBITDA	47.46	43.62	48.82	42.43	31.39
EBITDA Margin	19.29%	18.92%	25.58%	23.78%	23.82%
D&A For EBITDA	13.14	13.14	13.8	14.33	14.1
EBIT	34.33	30.47	35.01	28.09	17.3
EBIT Margin	13.95%	13.22%	18.35%	15.75%	13.13%
Effective Tax Rate	27.28%	30.14%	32.91%	19.19%	76.77%
Revenue as Reported	246.1	230.47	190.81	178.42	131.8

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.