Brookfield Infrastructure Corporation (BIPC)

Brookfield Infrastructure Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	2,503	1,886	1,643	1,430	1,619
Revenue Growth (YoY)	32.71%	14.79%	14.90%	-11.67%	3.72%
Cost of Revenue	778	542	526	527	552
Gross Profit	1,725	1,344	1,117	903	1,067
Selling, General & Admin	67	69	49	33	30
Operating Expenses	67	69	49	33	30
Operating Income	1,658	1,275	1,068	870	1,037
Interest Expense / Income	697	544	294	214	156
Other Expense / Income	482	-625	737	939	412
Pretax Income	479	1,356	37	-283	469
Income Tax	368	262	405	269	272
Net Income	111	1,094	-368	-552	197
Net Income Growth	-89.85%	-	-	-	-2.48%
Shares Outstanding (Basic)	113	112	67	70	70
Shares Change	0.37%	66.50%	-3.34%	-	-
Free Cash Flow	540	372	424	331	642
Free Cash Flow Per Share	4.79	3.31	6.29	4.75	9.20
Dividend Per Share	1.148	1.440	1.360	0.970	-
Dividend Growth	-20.28%	5.88%	40.21%	-	-
Gross Margin	68.92%	71.26%	67.99%	63.15%	65.90%
Operating Margin	66.24%	67.60%	65.00%	60.84%	64.05%
Profit Margin	4.43%	58.01%	-22.40%	-38.60%	12.17%
Free Cash Flow Margin	21.57%	19.72%	25.81%	23.15%	39.65%
Effective Tax Rate	76.83%	19.32%	1094.59%	-	58.00%
EBITDA	1,541	2,111	567	214	933
EBITDA Margin	61.57%	111.93%	34.51%	14.97%	57.63%
Depreciation & Amortization	365	211	236	283	308
EBIT	1,176	1,900	331	-69	625
EBIT Margin	46.98%	100.74%	20.15%	-4.83%	38.60%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).