Champion Iron Ltd
TSX:CIA
Income Statement
Earnings Waterfall
Champion Iron Ltd
Revenue
|
1.7B
CAD
|
Cost of Revenue
|
-1B
CAD
|
Gross Profit
|
618.1m
CAD
|
Operating Expenses
|
-90.8m
CAD
|
Operating Income
|
527.3m
CAD
|
Other Expenses
|
-230.7m
CAD
|
Net Income
|
296.6m
CAD
|
Income Statement
Champion Iron Ltd
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
1 526
N/A
|
1 461
-4%
|
1 195
-18%
|
1 164
-3%
|
1 263
+8%
|
1 395
+10%
|
1 413
+1%
|
1 500
+6%
|
1 656
+10%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
(483)
|
(495)
|
(535)
|
(628)
|
(744)
|
(904)
|
(973)
|
(1 005)
|
(1 037)
|
|
Gross Profit |
1 043
N/A
|
966
-7%
|
660
-32%
|
536
-19%
|
518
-3%
|
492
-5%
|
440
-11%
|
495
+13%
|
618
+25%
|
|
Operating Income | ||||||||||
Operating Expenses |
(61)
|
(67)
|
(68)
|
(69)
|
(77)
|
(80)
|
(84)
|
(87)
|
(91)
|
|
Selling, General & Administrative |
(39)
|
(53)
|
(45)
|
(44)
|
(50)
|
(58)
|
(52)
|
(58)
|
(59)
|
|
Research & Development |
(5)
|
(6)
|
(7)
|
(9)
|
(11)
|
(12)
|
(13)
|
(10)
|
(13)
|
|
Other Operating Expenses |
(17)
|
(9)
|
(16)
|
(16)
|
(16)
|
(10)
|
(19)
|
(19)
|
(19)
|
|
Operating Income |
982
N/A
|
899
-8%
|
592
-34%
|
467
-21%
|
441
-6%
|
412
-7%
|
356
-14%
|
408
+15%
|
527
+29%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
(3)
|
6
|
11
|
(3)
|
(6)
|
(25)
|
(28)
|
(27)
|
(29)
|
|
Non-Reccuring Items |
(20)
|
(26)
|
(45)
|
(54)
|
(49)
|
(40)
|
(24)
|
(8)
|
(4)
|
|
Total Other Income |
(7)
|
(8)
|
(7)
|
(4)
|
(2)
|
0
|
0
|
(2)
|
(4)
|
|
Pre-Tax Income |
951
N/A
|
871
-8%
|
550
-37%
|
406
-26%
|
383
-6%
|
347
-10%
|
305
-12%
|
371
+22%
|
491
+32%
|
|
Net Income | ||||||||||
Tax Provision |
(388)
|
(348)
|
(211)
|
(162)
|
(155)
|
(146)
|
(129)
|
(150)
|
(194)
|
|
Income from Continuing Operations |
563
|
523
|
340
|
245
|
228
|
201
|
176
|
222
|
297
|
|
Net Income (Common) |
563
N/A
|
523
-7%
|
340
-35%
|
245
-28%
|
228
-7%
|
201
-12%
|
176
-12%
|
222
+26%
|
297
+34%
|
|
EPS (Diluted) |
1.08
N/A
|
1
-7%
|
0.65
-35%
|
0.47
-28%
|
0.43
-9%
|
0.38
-12%
|
0.33
-13%
|
0.42
+27%
|
0.56
+33%
|