Algonquin Power & Utilities Corp. (AQN)

AQN Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	2,698	2,765	2,274	1,677	1,626
Revenue Growth (YoY)	-2.42%	21.58%	35.61%	3.11%	-1.34%
Cost of Revenue	1,643	1,718	1,416	917.83	915.29
Gross Profit	1,055	1,047	858.1	759.16	711.1
Selling, General & Admin	90.36	80.23	66.73	63.12	56.8
Other Operating Expenses	490.49	551.06	373.9	314.12	284.3
Operating Expenses	580.85	631.29	440.63	377.25	341.11
Operating Income	474.24	415.88	417.47	381.92	369.99
Interest Expense / Income	353.66	278.57	209.55	181.93	181.49
Other Expense / Income	178.21	410.81	-13.52	-647.06	-412.5
Pretax Income	-57.63	-273.5	221.43	847.05	601
Income Tax	-86.3	-61.51	-43.43	64.58	70.12
Net Income	28.67	-211.99	264.86	782.46	530.88
Preferred Dividends	8.36	8.72	9	8.4	8.49
Net Income Common	20.32	-220.71	255.86	774.06	522.4
Net Income Growth	-	-	-66.95%	48.17%	195.21%
Shares Outstanding (Basic)	689	681	626	595	497
Shares Change	1.16%	8.74%	5.18%	19.88%	4.79%
EPS (Basic)	0.03	-0.33	0.41	1.38	1.05
EPS (Diluted)	0.03	-0.33	0.41	1.37	1.04
EPS Growth	-	-	-70.07%	31.73%	173.68%
Free Cash Flow	-398.14	-469.93	-1,187.58	-280.81	29.93
Free Cash Flow Per Share	-0.58	-0.69	-1.90	-0.47	0.06
Dividend Per Share	0.434	0.713	0.667	0.606	0.551
Dividend Growth	-39.13%	6.90%	10.07%	9.98%	9.98%
Gross Margin	39.11%	37.87%	37.73%	45.27%	43.72%
Operating Margin	17.58%	15.04%	18.36%	22.77%	22.75%
Profit Margin	0.75%	-7.98%	11.25%	46.16%	32.12%
Free Cash Flow Margin	-14.76%	-17.00%	-52.22%	-16.75%	1.84%
Effective Tax Rate	-	-	-19.61%	7.62%	11.67%
EBITDA	763.03	460.59	833.95	1,343	1,067
EBITDA Margin	28.28%	16.66%	36.67%	80.09%	65.59%
Depreciation & Amortization	467	455.52	402.96	314.12	284.3
EBIT	296.03	5.07	430.99	1,029	782.49
EBIT Margin	10.97%	0.18%	18.95%	61.36%	48.11%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).