North American Construction Group Ltd. (NOA)

NOA 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
Revenue	1,012	957.22	769.54	654.14	498.47	719.07
Revenue Growth (YoY)	20.84%	24.39%	17.64%	31.23%	-30.68%	75.36%
Cost of Revenue	845.05	803	667.99	563.73	406.25	622.66
Gross Profit	166.59	154.22	101.55	90.42	92.22	96.41
Selling, General & Admin	57.42	56.84	29.86	35.37	24.44	36.9
Other Operating Expenses	0.71	1.66	0.54	-0.09	0.66	0.68
Operating Expenses	58.13	58.5	30.39	35.29	25.1	37.58
Operating Income	108.46	95.71	71.16	55.13	67.12	58.83
Interest Expense / Income	45.23	36.95	24.54	19.03	18.66	21.62
Other Expense / Income	-8.26	-27.2	-37.83	-24.6	-12.01	-2.78
Pretax Income	71.49	85.96	84.45	60.69	60.47	39.99
Income Tax	18.83	22.82	17.07	9.29	11.26	2.86
Net Income	52.66	63.14	67.37	51.41	49.21	37.13
Net Income Growth	-30.39%	-6.28%	31.05%	4.47%	32.52%	142.37%
Shares Outstanding (Basic)	27	27	26	28	29	25
Shares Change	1.17%	1.18%	-7.13%	-2.37%	16.57%	-
EPS (Basic)	1.98	2.38	2.46	1.81	1.75	1.45
EPS (Diluted)	1.78	2.09	2.15	1.64	1.60	1.23
EPS Growth	-26.75%	-2.79%	31.10%	2.50%	30.08%	127.78%
Free Cash Flow	26.14	77.32	57.34	68.53	31.99	4.96
Free Cash Flow Per Share	0.98	2.89	2.17	2.41	1.10	0.20
Dividend Per Share	0.321	0.295	0.246	0.128	0.151	0.120
Dividend Growth	25.39%	19.92%	92.19%	-15.23%	25.83%	96.72%
Gross Margin	16.47%	16.11%	13.20%	13.82%	18.50%	13.41%
Operating Margin	10.72%	10.00%	9.25%	8.43%	13.47%	8.18%
Profit Margin	5.21%	6.60%	8.75%	7.86%	9.87%	5.16%
Free Cash Flow Margin	2.58%	8.08%	7.45%	10.48%	6.42%	0.69%
Effective Tax Rate	26.33%	26.55%	20.22%	15.30%	18.63%	7.15%
EBITDA	255.6	254.23	228.26	187.74	167.91	163.91
EBITDA Margin	25.27%	26.56%	29.66%	28.70%	33.69%	22.79%
Depreciation & Amortization	138.88	131.32	119.27	108.02	88.78	102.29
EBIT	116.72	122.91	108.99	79.73	79.13	61.61
EBIT Margin	11.54%	12.84%	14.16%	12.19%	15.87%	8.57%

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