Scully Royalty Ltd
NYSE:SRL
Income Statement
Earnings Waterfall
Scully Royalty Ltd
Revenue
|
54.1m
CAD
|
Cost of Revenue
|
-23.5m
CAD
|
Gross Profit
|
30.6m
CAD
|
Operating Expenses
|
-28.9m
CAD
|
Operating Income
|
1.8m
CAD
|
Other Expenses
|
-28.2m
CAD
|
Net Income
|
-26.4m
CAD
|
Income Statement
Scully Royalty Ltd
Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Jun-2018 | Sep-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
395
N/A
|
251
-37%
|
87
-65%
|
215
+146%
|
348
+62%
|
441
+27%
|
508
+15%
|
492
-3%
|
500
+2%
|
486
-3%
|
695
+43%
|
612
-12%
|
717
+17%
|
621
-13%
|
885
+42%
|
1 145
+29%
|
1 921
+68%
|
1 405
-27%
|
3 084
+119%
|
2 501
-19%
|
1 629
-35%
|
1 987
+22%
|
1 519
-24%
|
1 360
-11%
|
1 132
-17%
|
885
-22%
|
623
-30%
|
422
-32%
|
274
-35%
|
174
-37%
|
151
-13%
|
140
-7%
|
128
-8%
|
113
-12%
|
77
-32%
|
59
-23%
|
76
+28%
|
71
-6%
|
61
-15%
|
64
+5%
|
54
-15%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(312)
|
(183)
|
(50)
|
(152)
|
(266)
|
(350)
|
(424)
|
(406)
|
(416)
|
(407)
|
(586)
|
(521)
|
(624)
|
(551)
|
(771)
|
(1 021)
|
(1 743)
|
(1 266)
|
(2 831)
|
(2 295)
|
(1 574)
|
(1 907)
|
(1 481)
|
(1 336)
|
(1 061)
|
(820)
|
(577)
|
(383)
|
(264)
|
(206)
|
(163)
|
(130)
|
(109)
|
(97)
|
(38)
|
(30)
|
(32)
|
(33)
|
(26)
|
(30)
|
(23)
|
|
Gross Profit |
84
N/A
|
68
-19%
|
37
-46%
|
63
+69%
|
82
+32%
|
91
+10%
|
84
-7%
|
86
+3%
|
85
-2%
|
79
-7%
|
109
+38%
|
91
-17%
|
93
+2%
|
70
-24%
|
114
+62%
|
124
+9%
|
179
+44%
|
139
-22%
|
253
+82%
|
206
-19%
|
55
-73%
|
80
+44%
|
38
-52%
|
24
-38%
|
71
+198%
|
65
-8%
|
46
-30%
|
39
-14%
|
10
-73%
|
(32)
N/A
|
(12)
+64%
|
10
N/A
|
19
+89%
|
17
-13%
|
39
+135%
|
30
-24%
|
44
+46%
|
38
-12%
|
35
-9%
|
34
-3%
|
31
-9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(12)
|
(25)
|
(19)
|
7
|
(1)
|
(47)
|
(47)
|
(40)
|
(42)
|
(48)
|
108
|
108
|
(63)
|
(54)
|
(75)
|
(87)
|
(132)
|
(84)
|
(182)
|
(146)
|
(87)
|
(343)
|
(325)
|
(86)
|
(79)
|
(65)
|
(56)
|
(45)
|
(49)
|
(30)
|
(27)
|
(27)
|
162
|
(23)
|
(35)
|
(20)
|
(16)
|
(24)
|
(25)
|
(29)
|
(29)
|
|
Selling, General & Administrative |
(44)
|
(30)
|
(19)
|
(35)
|
(43)
|
(47)
|
(47)
|
(39)
|
(42)
|
(48)
|
(64)
|
(61)
|
(63)
|
(54)
|
(68)
|
(80)
|
(125)
|
(84)
|
(182)
|
(146)
|
(87)
|
(107)
|
(88)
|
(86)
|
(79)
|
(73)
|
(65)
|
(54)
|
(48)
|
(34)
|
(30)
|
(26)
|
(24)
|
(23)
|
(21)
|
(19)
|
(19)
|
(23)
|
(25)
|
(28)
|
(29)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
|
Other Operating Expenses |
32
|
5
|
0
|
42
|
42
|
0
|
0
|
0
|
0
|
0
|
171
|
169
|
0
|
0
|
(7)
|
(7)
|
(7)
|
(0)
|
0
|
0
|
0
|
(236)
|
(236)
|
0
|
0
|
9
|
9
|
9
|
(1)
|
4
|
3
|
0
|
187
|
0
|
(14)
|
0
|
3
|
0
|
0
|
0
|
0
|
|
Operating Income |
72
N/A
|
43
-40%
|
18
-58%
|
70
+285%
|
81
+17%
|
44
-46%
|
37
-16%
|
47
+26%
|
43
-8%
|
31
-27%
|
217
+589%
|
199
-8%
|
30
-85%
|
17
-46%
|
39
+136%
|
37
-4%
|
47
+25%
|
55
+17%
|
71
+31%
|
60
-17%
|
(31)
N/A
|
(264)
-740%
|
(286)
-9%
|
(62)
+78%
|
(9)
+86%
|
1
N/A
|
(10)
N/A
|
(6)
+41%
|
(39)
-548%
|
(63)
-61%
|
(39)
+38%
|
(16)
+58%
|
182
N/A
|
(6)
N/A
|
5
N/A
|
10
+113%
|
27
+179%
|
15
-47%
|
10
-32%
|
5
-48%
|
2
-65%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(3)
|
(7)
|
(11)
|
(12)
|
(13)
|
(8)
|
(6)
|
(6)
|
(5)
|
(8)
|
(12)
|
(11)
|
(13)
|
(23)
|
(18)
|
(30)
|
(22)
|
(35)
|
(30)
|
(23)
|
(25)
|
(16)
|
(13)
|
(17)
|
(19)
|
(15)
|
(16)
|
(8)
|
(6)
|
(4)
|
2
|
3
|
3
|
(3)
|
(4)
|
(2)
|
3
|
3
|
2
|
(1)
|
|
Non-Reccuring Items |
0
|
26
|
42
|
0
|
0
|
42
|
(13)
|
(10)
|
212
|
171
|
0
|
0
|
(53)
|
(1)
|
0
|
0
|
0
|
(3)
|
(0)
|
(266)
|
(236)
|
0
|
0
|
30
|
9
|
0
|
0
|
0
|
9
|
3
|
3
|
183
|
0
|
(13)
|
0
|
5
|
0
|
0
|
(1)
|
(31)
|
(31)
|
|
Total Other Income |
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
73
N/A
|
67
-8%
|
53
-21%
|
59
+11%
|
69
+18%
|
73
+5%
|
16
-78%
|
30
+87%
|
248
+717%
|
198
-20%
|
208
+5%
|
187
-10%
|
(34)
N/A
|
3
N/A
|
16
+388%
|
19
+21%
|
17
-12%
|
29
+78%
|
26
-12%
|
(243)
N/A
|
(291)
-20%
|
(289)
+1%
|
(302)
-5%
|
(45)
+85%
|
(17)
+63%
|
(19)
-11%
|
(25)
-37%
|
(22)
+15%
|
(38)
-77%
|
(66)
-72%
|
(40)
+39%
|
168
N/A
|
184
+10%
|
(17)
N/A
|
2
N/A
|
11
+460%
|
25
+124%
|
18
-30%
|
12
-31%
|
(24)
N/A
|
(30)
-26%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(25)
|
(26)
|
(7)
|
(10)
|
(10)
|
(6)
|
(6)
|
(4)
|
(6)
|
3
|
1
|
1
|
5
|
1
|
(8)
|
(10)
|
(15)
|
(10)
|
(11)
|
51
|
46
|
45
|
47
|
(10)
|
(7)
|
(7)
|
(4)
|
(8)
|
(9)
|
(7)
|
(10)
|
(56)
|
(57)
|
(2)
|
(5)
|
(11)
|
(14)
|
(10)
|
(10)
|
1
|
4
|
|
Income from Continuing Operations |
49
|
42
|
46
|
49
|
60
|
67
|
10
|
26
|
242
|
201
|
209
|
187
|
(29)
|
4
|
8
|
9
|
2
|
19
|
15
|
(193)
|
(245)
|
(244)
|
(256)
|
(56)
|
(24)
|
(26)
|
(30)
|
(29)
|
(47)
|
(73)
|
(50)
|
112
|
128
|
(18)
|
(3)
|
0
|
11
|
7
|
2
|
(23)
|
(26)
|
|
Income to Minority Interest |
(1)
|
(1)
|
1
|
2
|
2
|
1
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(1)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
1
|
0
|
(0)
|
0
|
0
|
|
Net Income (Common) |
26
N/A
|
25
-5%
|
30
+21%
|
53
+76%
|
67
+25%
|
68
+2%
|
11
-83%
|
25
+120%
|
242
+863%
|
200
-17%
|
208
+4%
|
187
-10%
|
(29)
N/A
|
10
N/A
|
7
-24%
|
8
+9%
|
22
+172%
|
(1)
N/A
|
37
N/A
|
(377)
N/A
|
(488)
-30%
|
(488)
0%
|
(505)
-3%
|
(121)
+76%
|
(25)
+79%
|
(27)
-8%
|
(32)
-15%
|
(31)
+3%
|
(48)
-56%
|
(73)
-53%
|
(50)
+32%
|
112
N/A
|
128
+14%
|
(19)
N/A
|
(3)
+83%
|
0
N/A
|
11
+2 700%
|
8
-32%
|
2
-78%
|
(23)
N/A
|
(26)
-13%
|
|
EPS (Diluted) |
3.7
N/A
|
3.27
-12%
|
2.05
-37%
|
3.61
+76%
|
4.53
+25%
|
4.63
+2%
|
0.78
-83%
|
1.7
+118%
|
16.44
+867%
|
13.58
-17%
|
14.06
+4%
|
12.63
-10%
|
-1.97
N/A
|
0.65
N/A
|
0.5
-23%
|
0.55
+10%
|
1.36
+147%
|
-0.04
N/A
|
2.46
N/A
|
-25.26
N/A
|
-32.72
-30%
|
-32.73
0%
|
-33.87
-3%
|
-8.08
+76%
|
-1.71
+79%
|
-1.84
-8%
|
-2.12
-15%
|
-2.07
+2%
|
-3.24
-57%
|
-4.93
-52%
|
-3.38
+31%
|
7.58
N/A
|
8.63
+14%
|
-1.26
N/A
|
-0.22
+83%
|
0.02
N/A
|
0.71
+3 450%
|
0.51
-28%
|
0.1
-80%
|
-1.58
N/A
|
-1.78
-13%
|