Cogeco Communications Inc
TSX:CCA
Income Statement
Earnings Waterfall
Cogeco Communications Inc
Revenue
|
3B
CAD
|
Cost of Revenue
|
-776.1m
CAD
|
Gross Profit
|
2.2B
CAD
|
Operating Expenses
|
-1.4B
CAD
|
Operating Income
|
774.8m
CAD
|
Other Expenses
|
-409.3m
CAD
|
Net Income
|
365.6m
CAD
|
Income Statement
Cogeco Communications Inc
Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Feb-2016 | May-2016 | Aug-2016 | Nov-2016 | Feb-2017 | May-2017 | Aug-2017 | Nov-2017 | Feb-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Feb-2021 | May-2021 | Aug-2021 | Nov-2021 | Feb-2022 | May-2022 | Aug-2022 | Nov-2022 | Feb-2023 | May-2023 | Aug-2023 | Nov-2023 | Feb-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 896
N/A
|
1 928
+2%
|
1 948
+1%
|
1 970
+1%
|
1 993
+1%
|
2 013
+1%
|
2 043
+2%
|
2 087
+2%
|
2 129
+2%
|
2 153
+1%
|
2 176
+1%
|
2 185
+0%
|
2 194
+0%
|
2 219
+1%
|
2 227
+0%
|
2 162
-3%
|
2 131
-1%
|
2 133
+0%
|
2 147
+1%
|
2 240
+4%
|
2 294
+2%
|
2 314
+1%
|
2 332
+1%
|
2 342
+0%
|
2 344
+0%
|
2 363
+1%
|
2 384
+1%
|
2 416
+1%
|
2 464
+2%
|
2 483
+1%
|
2 510
+1%
|
2 610
+4%
|
2 704
+4%
|
2 808
+4%
|
2 901
+3%
|
2 944
+2%
|
2 953
+0%
|
2 966
+0%
|
2 984
+1%
|
2 970
0%
|
2 963
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(546)
|
(554)
|
(558)
|
(561)
|
(567)
|
(576)
|
(591)
|
(608)
|
(625)
|
(637)
|
(651)
|
(656)
|
(656)
|
(661)
|
(659)
|
(635)
|
(621)
|
(616)
|
(615)
|
(644)
|
(659)
|
(663)
|
(661)
|
(657)
|
(652)
|
(657)
|
(660)
|
(664)
|
(674)
|
(676)
|
(685)
|
(715)
|
(742)
|
(767)
|
(790)
|
(794)
|
(792)
|
(793)
|
(791)
|
(784)
|
(776)
|
|
Gross Profit |
1 350
N/A
|
1 374
+2%
|
1 389
+1%
|
1 409
+1%
|
1 426
+1%
|
1 437
+1%
|
1 452
+1%
|
1 479
+2%
|
1 504
+2%
|
1 515
+1%
|
1 525
+1%
|
1 529
+0%
|
1 538
+1%
|
1 558
+1%
|
1 568
+1%
|
1 527
-3%
|
1 510
-1%
|
1 517
+0%
|
1 532
+1%
|
1 596
+4%
|
1 635
+2%
|
1 652
+1%
|
1 671
+1%
|
1 686
+1%
|
1 692
+0%
|
1 706
+1%
|
1 724
+1%
|
1 753
+2%
|
1 791
+2%
|
1 807
+1%
|
1 826
+1%
|
1 895
+4%
|
1 962
+4%
|
2 041
+4%
|
2 111
+3%
|
2 151
+2%
|
2 160
+0%
|
2 173
+1%
|
2 193
+1%
|
2 185
0%
|
2 187
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(933)
|
(949)
|
(956)
|
(967)
|
(978)
|
(978)
|
(961)
|
(973)
|
(994)
|
(1 009)
|
(1 051)
|
(1 043)
|
(1 036)
|
(1 041)
|
(1 038)
|
(993)
|
(968)
|
(957)
|
(959)
|
(1 010)
|
(1 031)
|
(1 035)
|
(1 043)
|
(1 047)
|
(1 059)
|
(1 072)
|
(1 075)
|
(1 075)
|
(1 089)
|
(1 101)
|
(1 130)
|
(1 189)
|
(1 237)
|
(1 304)
|
(1 339)
|
(1 365)
|
(1 376)
|
(1 374)
|
(1 393)
|
(1 397)
|
(1 412)
|
|
Selling, General & Administrative |
(479)
|
(489)
|
(496)
|
(508)
|
(515)
|
(517)
|
(522)
|
(523)
|
(531)
|
(539)
|
(542)
|
(540)
|
(544)
|
(552)
|
(563)
|
(545)
|
(533)
|
(527)
|
(525)
|
(548)
|
(555)
|
(556)
|
(563)
|
(563)
|
(573)
|
(576)
|
(575)
|
(575)
|
(584)
|
(597)
|
(620)
|
(651)
|
(676)
|
(704)
|
(718)
|
(740)
|
(747)
|
(756)
|
(772)
|
(772)
|
(779)
|
|
Depreciation & Amortization |
(454)
|
(461)
|
(460)
|
(459)
|
(463)
|
(462)
|
(467)
|
(478)
|
(490)
|
(498)
|
(498)
|
(491)
|
(482)
|
(477)
|
(475)
|
(448)
|
(435)
|
(431)
|
(434)
|
(462)
|
(476)
|
(479)
|
(481)
|
(484)
|
(486)
|
(496)
|
(499)
|
(500)
|
(505)
|
(504)
|
(510)
|
(538)
|
(561)
|
(599)
|
(621)
|
(625)
|
(629)
|
(618)
|
(620)
|
(624)
|
(634)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
27
|
27
|
27
|
27
|
(11)
|
(11)
|
(11)
|
(11)
|
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
|
|
Operating Income |
416
N/A
|
424
+2%
|
433
+2%
|
442
+2%
|
448
+1%
|
459
+3%
|
491
+7%
|
505
+3%
|
510
+1%
|
506
-1%
|
475
-6%
|
487
+3%
|
502
+3%
|
518
+3%
|
530
+2%
|
535
+1%
|
542
+1%
|
560
+3%
|
573
+2%
|
586
+2%
|
604
+3%
|
617
+2%
|
627
+2%
|
638
+2%
|
633
-1%
|
634
+0%
|
650
+2%
|
678
+4%
|
702
+4%
|
706
+0%
|
695
-1%
|
706
+2%
|
725
+3%
|
737
+2%
|
772
+5%
|
786
+2%
|
784
0%
|
799
+2%
|
801
+0%
|
788
-2%
|
775
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(144)
|
(140)
|
(126)
|
(129)
|
(130)
|
(133)
|
(134)
|
(133)
|
(134)
|
(132)
|
(132)
|
(131)
|
(128)
|
(126)
|
(125)
|
(123)
|
(139)
|
(163)
|
(177)
|
(194)
|
(193)
|
(181)
|
(175)
|
(170)
|
(164)
|
(162)
|
(159)
|
(153)
|
(145)
|
(137)
|
(127)
|
(137)
|
(150)
|
(163)
|
(187)
|
(201)
|
(220)
|
(238)
|
(251)
|
(263)
|
(268)
|
|
Non-Reccuring Items |
(7)
|
(41)
|
(40)
|
(40)
|
(41)
|
(11)
|
(14)
|
(16)
|
(19)
|
(475)
|
(459)
|
(457)
|
(452)
|
9
|
(3)
|
(4)
|
(20)
|
(22)
|
(20)
|
(26)
|
(13)
|
(12)
|
(11)
|
(6)
|
16
|
17
|
13
|
12
|
(8)
|
(9)
|
(9)
|
(26)
|
(25)
|
(26)
|
(35)
|
(19)
|
(24)
|
(34)
|
(36)
|
(53)
|
(47)
|
|
Total Other Income |
(5)
|
(6)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(6)
|
(6)
|
(5)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(8)
|
(8)
|
(8)
|
(8)
|
(2)
|
(0)
|
2
|
7
|
7
|
5
|
3
|
(2)
|
(3)
|
3
|
3
|
3
|
4
|
(1)
|
1
|
4
|
4
|
(1)
|
2
|
(1)
|
|
Pre-Tax Income |
260
N/A
|
238
-9%
|
263
+11%
|
268
+2%
|
270
+1%
|
308
+14%
|
335
+9%
|
350
+4%
|
351
+0%
|
(106)
N/A
|
(121)
-14%
|
(105)
+13%
|
(82)
+22%
|
396
N/A
|
397
+0%
|
404
+2%
|
380
-6%
|
367
-3%
|
367
+0%
|
358
-2%
|
390
+9%
|
422
+8%
|
441
+5%
|
464
+5%
|
492
+6%
|
495
+1%
|
509
+3%
|
540
+6%
|
548
+2%
|
557
+2%
|
562
+1%
|
546
-3%
|
553
+1%
|
552
0%
|
549
0%
|
568
+3%
|
544
-4%
|
532
-2%
|
513
-4%
|
474
-8%
|
460
-3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(58)
|
(48)
|
(53)
|
(52)
|
(56)
|
(65)
|
(77)
|
(88)
|
(86)
|
(80)
|
(69)
|
(71)
|
(79)
|
(93)
|
(98)
|
(101)
|
5
|
13
|
17
|
27
|
(78)
|
(81)
|
(84)
|
(97)
|
(96)
|
(103)
|
(112)
|
(118)
|
(130)
|
(133)
|
(131)
|
(113)
|
(110)
|
(107)
|
(96)
|
(110)
|
(102)
|
(94)
|
(95)
|
(81)
|
(74)
|
|
Income from Continuing Operations |
202
|
190
|
209
|
216
|
215
|
244
|
258
|
262
|
265
|
(186)
|
(190)
|
(176)
|
(161)
|
303
|
299
|
303
|
386
|
380
|
385
|
385
|
311
|
340
|
357
|
368
|
396
|
393
|
397
|
422
|
418
|
424
|
432
|
433
|
443
|
445
|
454
|
458
|
442
|
438
|
418
|
393
|
386
|
|
Income to Minority Interest |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(6)
|
(9)
|
(14)
|
(16)
|
(16)
|
(17)
|
(18)
|
(18)
|
(21)
|
(21)
|
(24)
|
(27)
|
(28)
|
(30)
|
(32)
|
(33)
|
(31)
|
(30)
|
(30)
|
(27)
|
(27)
|
(26)
|
(23)
|
(20)
|
|
Net Income (Common) |
202
N/A
|
190
-6%
|
209
+11%
|
216
+3%
|
215
-1%
|
244
+13%
|
258
+6%
|
262
+2%
|
265
+1%
|
(186)
N/A
|
(190)
-2%
|
(176)
+7%
|
(161)
+8%
|
303
N/A
|
299
-1%
|
301
+0%
|
365
+21%
|
350
-4%
|
351
+0%
|
345
-2%
|
280
-19%
|
397
+42%
|
415
+5%
|
429
+3%
|
463
+8%
|
374
-19%
|
375
+0%
|
398
+6%
|
391
-2%
|
396
+1%
|
402
+1%
|
402
+0%
|
410
+2%
|
415
+1%
|
423
+2%
|
428
+1%
|
415
-3%
|
411
-1%
|
392
-4%
|
370
-6%
|
366
-1%
|
|
EPS (Diluted) |
4.12
N/A
|
3.86
-6%
|
4.26
+10%
|
4.4
+3%
|
4.36
-1%
|
4.91
+13%
|
5.22
+6%
|
5.31
+2%
|
5.38
+1%
|
-3.81
N/A
|
-3.87
-2%
|
-3.55
+8%
|
-3.24
+9%
|
6.09
N/A
|
6.03
-1%
|
6.04
+0%
|
7.34
+22%
|
7.05
-4%
|
7.05
N/A
|
6.93
-2%
|
5.62
-19%
|
7.96
+42%
|
8.34
+5%
|
8.65
+4%
|
9.36
+8%
|
7.71
-18%
|
7.67
-1%
|
8.26
+8%
|
8.13
-2%
|
8.3
+2%
|
8.4
+1%
|
8.54
+2%
|
8.77
+3%
|
8.91
+2%
|
9.09
+2%
|
9.36
+3%
|
9.25
-1%
|
9.24
0%
|
8.75
-5%
|
8.31
-5%
|
8.59
+3%
|