TWC Enterprises Limited (TSX: TWC)

TWC Enterprises Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	264.7	225.87	186.51	174.01	127.22	163.64
Other Revenue	4.59	4.6	4.29	4.4	4.59	5.15
Revenue	269.29	230.47	190.81	178.42	131.8	168.79
Revenue Growth (YoY)	50.09%	20.79%	6.94%	35.37%	-21.91%	-2.23%
Cost of Revenue	194.4	154.59	107.22	105.79	69.81	98.49
Gross Profit	74.89	75.88	83.59	72.63	61.99	70.3
Selling, General & Admin	17.02	16.98	16.97	13.59	13.93	16.3
Depreciation & Amortization	14.25	14.19	17.86	19.44	19.25	20.12
Other Operating Expenses	14.14	14.23	13.75	11.51	11.52	19.87
Operating Expenses	45.4	45.41	48.58	44.54	44.69	56.29
Operating Income	29.49	30.47	35.01	28.09	17.3	14.01
Interest Expense	-1.99	-2.33	-7.88	-6.98	-9.92	-11.41
Interest & Investment Income	11.66	11.3	8.69	6.66	6.31	6.48
Net Interest Expenses	9.68	8.97	0.81	-0.32	-3.61	-4.92
Income (Loss) On Equity Investments	0.36	-0.12	0.46	1.27	0.12	1.14
Currency Exchange Gain (Loss)	0.41	0.66	0.25	-0.21	1.26	-6.94
Other Non Operating Income (Expenses)	-1.11	-1.32	-0.26	-10.97	-0.69	-0.93
EBT Excluding Unusual Items	38.83	38.66	36.26	17.87	14.37	2.35
Gain (Loss) on Sale of Assets	1.18	1.18	0.38	40.3	1.42	0.53
Gain (Loss) on Sale of Investments	-5.83	-14.84	-9.4	39.67	-23.55	2.43
Asset Writedown	-	-	-	-	-	-0.35
Other Unusual Items	6.05	6.36	-	9.28	11.95	-
Pretax Income	40.42	31.55	27.82	110.94	4.18	7.09
Income Tax Expense	11.03	9.51	9.16	21.29	3.21	2.19
Earnings From Continuing Operations	29.39	22.04	18.67	89.65	0.97	4.9
Net Income to Company	29.39	22.04	18.67	89.65	0.97	4.9
Minority Interest in Earnings	1.09	0.88	0.1	0.3	-	-
Net Income	30.48	22.93	18.76	89.94	0.97	4.9
Net Income to Common	30.48	22.93	18.76	89.94	0.97	4.9
Net Income Growth	162.86%	22.20%	-79.14%	9162.82%	-80.20%	-97.83%
Shares Outstanding (Basic)	25	25	25	25	26	27
Shares Outstanding (Diluted)	25	25	25	25	26	27
Shares Change (YoY)	0.03%	0.19%	-0.45%	-5.14%	-4.17%	-0.80%
EPS (Basic)	1.24	0.93	0.76	3.65	0.04	0.18
EPS (Diluted)	1.24	0.93	0.76	3.65	0.04	0.18
EPS Growth	162.77%	21.97%	-79.05%	9665.08%	-79.34%	-97.81%
Free Cash Flow	60.12	23.26	-1.07	44.46	23.11	40.46
Free Cash Flow Per Share	2.45	0.95	-0.04	1.80	0.89	1.49
Dividend Per Share	0.225	0.200	0.140	0.080	0.080	0.080
Dividend Growth	32.35%	42.86%	75.00%	0%	0%	0%
Gross Margin	27.81%	32.92%	43.81%	40.71%	47.03%	41.65%
Operating Margin	10.95%	13.22%	18.35%	15.75%	13.13%	8.30%
Profit Margin	11.32%	9.95%	9.83%	50.41%	0.74%	2.91%
Free Cash Flow Margin	22.33%	10.09%	-0.56%	24.92%	17.54%	23.97%
EBITDA	42.66	43.62	48.82	42.43	31.39	28.96
EBITDA Margin	15.84%	18.92%	25.58%	23.78%	23.82%	17.16%
D&A For EBITDA	13.17	13.14	13.8	14.33	14.1	14.95
EBIT	29.49	30.47	35.01	28.09	17.3	14.01
EBIT Margin	10.95%	13.22%	18.35%	15.75%	13.13%	8.30%
Effective Tax Rate	27.28%	30.14%	32.91%	19.19%	76.77%	30.87%
Revenue as Reported	269.29	230.47	190.81	178.42	131.8	168.79

Source: S&P Capital IQ. Standard template.