Precision Drilling Corporation (PDS)

Precision Drilling 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	1,907	1,938	1,617	986.85	935.75	1,541
Revenue Growth (YoY)	4.53%	19.83%	63.87%	5.46%	-39.29%	0.01%
Cost of Revenue	1,204	1,205	1,125	698.14	583.42	1,039
Gross Profit	702.85	733.31	492.59	288.7	352.33	502.35
Selling, General & Admin	151.8	122.19	180.99	95.93	70.87	104.01
Other Operating Expenses	269.63	256.92	249.11	273.81	322.45	303.77
Operating Expenses	421.43	379.11	430.1	369.74	393.32	407.78
Operating Income	281.42	354.2	62.5	-81.04	-40.99	94.58
Interest Expense / Income	78.86	83.41	87.81	91.43	107.47	118.45
Other Expense / Income	1.43	5.01	-11.17	10.31	-39.27	-15.54
Pretax Income	201.13	265.78	-14.14	-182.78	-109.18	-8.34
Income Tax	-28.8	-23.47	20.15	-5.4	10.95	-14.96
Net Income	229.93	289.24	-34.29	-177.39	-120.14	6.62
Net Income Growth	118.19%	-	-	-	-	-
Shares Outstanding (Basic)	14	14	14	13	14	15
Shares Change	5.74%	0.67%	1.59%	-4.04%	-5.61%	0.19%
EPS (Basic)	16.53	21.03	-2.53	-13.32	-8.76	0.46
EPS (Diluted)	15.30	19.53	-2.53	-13.32	-8.76	0.45
EPS Growth	152.89%	-	-	-	-	-
Free Cash Flow	329.33	299.45	90.05	76.37	185.68	219.04
Free Cash Flow Per Share	22.97	22.01	6.66	5.74	13.39	14.91
Gross Margin	36.86%	37.84%	30.46%	29.26%	37.65%	32.59%
Operating Margin	14.76%	18.28%	3.86%	-8.21%	-4.38%	6.14%
Profit Margin	12.06%	14.93%	-2.12%	-17.98%	-12.84%	0.43%
Free Cash Flow Margin	17.27%	15.45%	5.57%	7.74%	19.84%	14.21%
Effective Tax Rate	-14.32%	-8.83%	-	-	-	-
EBITDA	584.22	646.75	352.71	190.98	314.61	443.73
EBITDA Margin	30.64%	33.37%	21.81%	19.35%	33.62%	28.79%
Depreciation & Amortization	304.23	297.56	279.04	282.33	316.32	333.62
EBIT	280	349.19	73.67	-91.35	-1.72	110.11
EBIT Margin	14.68%	18.02%	4.56%	-9.26%	-0.18%	7.14%

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