CI Financial Corp
TSX:CIX
Income Statement
Earnings Waterfall
CI Financial Corp
Revenue
|
2.6B
CAD
|
Cost of Revenue
|
-440.1m
CAD
|
Gross Profit
|
2.2B
CAD
|
Operating Expenses
|
-1.7B
CAD
|
Operating Income
|
511.4m
CAD
|
Other Expenses
|
-506.3m
CAD
|
Net Income
|
5m
CAD
|
Income Statement
CI Financial Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 617
N/A
|
1 680
+4%
|
1 748
+4%
|
1 823
+4%
|
1 876
+3%
|
1 931
+3%
|
1 971
+2%
|
1 989
+1%
|
1 998
+0%
|
1 967
-2%
|
1 939
-1%
|
1 935
0%
|
1 948
+1%
|
1 980
+2%
|
2 015
+2%
|
2 023
+0%
|
2 111
+4%
|
2 182
+3%
|
2 237
+2%
|
2 302
+3%
|
2 236
-3%
|
2 190
-2%
|
2 155
-2%
|
2 114
-2%
|
2 123
+0%
|
2 095
-1%
|
2 040
-3%
|
2 022
-1%
|
2 049
+1%
|
2 190
+7%
|
2 377
+9%
|
2 437
+3%
|
2 170
-11%
|
2 463
+14%
|
2 401
-3%
|
2 419
+1%
|
2 426
+0%
|
2 437
+0%
|
2 489
+2%
|
2 579
+4%
|
2 627
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(104)
|
(106)
|
(107)
|
(111)
|
(113)
|
(115)
|
(118)
|
(118)
|
(120)
|
(120)
|
(120)
|
(122)
|
(128)
|
(135)
|
(138)
|
(141)
|
(143)
|
(144)
|
(147)
|
(153)
|
(156)
|
(159)
|
(164)
|
(167)
|
(206)
|
(219)
|
(230)
|
(247)
|
(253)
|
(309)
|
(355)
|
(398)
|
(397)
|
(414)
|
(415)
|
(410)
|
(406)
|
(407)
|
(415)
|
(427)
|
(440)
|
|
Gross Profit |
1 513
N/A
|
1 575
+4%
|
1 641
+4%
|
1 711
+4%
|
1 763
+3%
|
1 817
+3%
|
1 853
+2%
|
1 871
+1%
|
1 878
+0%
|
1 847
-2%
|
1 819
-2%
|
1 813
0%
|
1 820
+0%
|
1 845
+1%
|
1 876
+2%
|
1 882
+0%
|
1 969
+5%
|
2 039
+4%
|
2 090
+3%
|
2 149
+3%
|
2 081
-3%
|
2 031
-2%
|
1 991
-2%
|
1 947
-2%
|
1 916
-2%
|
1 876
-2%
|
1 810
-4%
|
1 775
-2%
|
1 795
+1%
|
1 880
+5%
|
2 022
+8%
|
2 038
+1%
|
1 773
-13%
|
2 048
+16%
|
1 986
-3%
|
2 009
+1%
|
2 020
+1%
|
2 030
+0%
|
2 074
+2%
|
2 152
+4%
|
2 187
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(912)
|
(941)
|
(974)
|
(1 007)
|
(1 027)
|
(1 056)
|
(1 077)
|
(1 085)
|
(1 106)
|
(1 108)
|
(1 096)
|
(1 096)
|
(1 114)
|
(1 097)
|
(1 097)
|
(1 082)
|
(1 136)
|
(1 186)
|
(1 221)
|
(1 264)
|
(1 194)
|
(1 169)
|
(1 191)
|
(1 175)
|
(1 133)
|
(1 107)
|
(1 030)
|
(1 001)
|
(1 024)
|
(1 086)
|
(1 200)
|
(1 241)
|
(1 018)
|
(1 226)
|
(1 073)
|
(1 100)
|
(1 231)
|
(1 343)
|
(1 555)
|
(1 626)
|
(1 676)
|
|
Selling, General & Administrative |
(744)
|
(772)
|
(802)
|
(833)
|
(853)
|
(876)
|
(896)
|
(910)
|
(926)
|
(927)
|
(926)
|
(931)
|
(937)
|
(966)
|
(996)
|
(1 011)
|
(1 070)
|
(1 121)
|
(1 152)
|
(1 193)
|
(1 166)
|
(1 138)
|
(1 122)
|
(1 102)
|
(1 057)
|
(1 031)
|
(986)
|
(950)
|
(966)
|
(983)
|
(1 055)
|
(1 019)
|
(742)
|
(979)
|
(916)
|
(959)
|
(1 020)
|
(1 067)
|
(1 173)
|
(1 271)
|
(1 370)
|
|
Depreciation & Amortization |
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(7)
|
(7)
|
(7)
|
(7)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(7)
|
(14)
|
(14)
|
(17)
|
(19)
|
(20)
|
(23)
|
(26)
|
(29)
|
(32)
|
(32)
|
(34)
|
(36)
|
(42)
|
(51)
|
(63)
|
(79)
|
(97)
|
(112)
|
(131)
|
(145)
|
(155)
|
(164)
|
(171)
|
(178)
|
(192)
|
|
Other Operating Expenses |
(165)
|
(166)
|
(168)
|
(170)
|
(169)
|
(172)
|
(173)
|
(168)
|
(173)
|
(176)
|
(166)
|
(161)
|
(173)
|
(127)
|
(96)
|
(64)
|
(52)
|
(52)
|
(51)
|
(52)
|
(9)
|
(8)
|
(43)
|
(45)
|
(44)
|
(45)
|
(11)
|
(15)
|
(17)
|
(52)
|
(82)
|
(144)
|
(178)
|
(134)
|
(27)
|
4
|
(56)
|
(112)
|
(211)
|
(177)
|
(114)
|
|
Operating Income |
602
N/A
|
634
+5%
|
667
+5%
|
705
+6%
|
736
+4%
|
761
+3%
|
777
+2%
|
786
+1%
|
772
-2%
|
740
-4%
|
723
-2%
|
717
-1%
|
706
-2%
|
748
+6%
|
780
+4%
|
800
+3%
|
833
+4%
|
852
+2%
|
869
+2%
|
885
+2%
|
886
+0%
|
862
-3%
|
801
-7%
|
772
-4%
|
784
+2%
|
769
-2%
|
780
+1%
|
774
-1%
|
771
0%
|
794
+3%
|
822
+3%
|
797
-3%
|
755
-5%
|
822
+9%
|
913
+11%
|
910
0%
|
790
-13%
|
687
-13%
|
519
-24%
|
526
+1%
|
511
-3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(19)
|
(19)
|
(18)
|
(18)
|
(18)
|
(17)
|
(16)
|
(15)
|
(14)
|
(15)
|
(15)
|
(16)
|
(16)
|
(18)
|
(19)
|
(21)
|
(25)
|
(29)
|
(34)
|
(39)
|
(43)
|
(48)
|
(52)
|
(55)
|
(57)
|
(58)
|
(60)
|
(64)
|
(68)
|
(75)
|
(84)
|
(148)
|
(128)
|
(160)
|
(205)
|
(235)
|
(232)
|
(253)
|
(229)
|
(238)
|
(304)
|
|
Non-Reccuring Items |
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
|
(9)
|
(9)
|
(9)
|
(61)
|
(78)
|
(91)
|
(95)
|
(59)
|
(59)
|
(51)
|
(63)
|
(69)
|
(80)
|
(130)
|
(145)
|
(147)
|
|
Total Other Income |
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)
|
19
|
6
|
5
|
6
|
(12)
|
(8)
|
79
|
79
|
89
|
|
Pre-Tax Income |
583
N/A
|
615
+6%
|
649
+5%
|
687
+6%
|
718
+5%
|
744
+4%
|
761
+2%
|
772
+1%
|
758
-2%
|
725
-4%
|
709
-2%
|
702
-1%
|
690
-2%
|
730
+6%
|
760
+4%
|
779
+2%
|
808
+4%
|
824
+2%
|
835
+1%
|
845
+1%
|
843
0%
|
814
-3%
|
749
-8%
|
717
-4%
|
727
+1%
|
703
-3%
|
712
+1%
|
702
-1%
|
643
-8%
|
641
0%
|
647
+1%
|
553
-15%
|
586
+6%
|
610
+4%
|
662
+9%
|
618
-7%
|
476
-23%
|
345
-28%
|
239
-31%
|
221
-7%
|
150
-32%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(156)
|
(165)
|
(175)
|
(185)
|
(193)
|
(197)
|
(203)
|
(206)
|
(205)
|
(200)
|
(194)
|
(193)
|
(187)
|
(198)
|
(247)
|
(249)
|
(259)
|
(262)
|
(223)
|
(228)
|
(226)
|
(216)
|
(199)
|
(187)
|
(189)
|
(186)
|
(186)
|
(185)
|
(167)
|
(161)
|
(168)
|
(159)
|
(174)
|
(185)
|
(197)
|
(184)
|
(174)
|
(151)
|
(151)
|
(160)
|
(144)
|
|
Income from Continuing Operations |
427
|
450
|
474
|
501
|
525
|
547
|
558
|
566
|
553
|
525
|
515
|
509
|
503
|
533
|
514
|
531
|
549
|
562
|
612
|
617
|
618
|
599
|
550
|
531
|
538
|
518
|
526
|
517
|
476
|
481
|
479
|
394
|
412
|
425
|
465
|
434
|
302
|
194
|
88
|
61
|
6
|
|
Income to Minority Interest |
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
(0)
|
(2)
|
(4)
|
(3)
|
(2)
|
(3)
|
(1)
|
(2)
|
(3)
|
(1)
|
(2)
|
(1)
|
|
Net Income (Common) |
427
N/A
|
450
+5%
|
474
+5%
|
501
+6%
|
525
+5%
|
548
+4%
|
559
+2%
|
567
+1%
|
554
-2%
|
526
-5%
|
515
-2%
|
509
-1%
|
503
-1%
|
533
+6%
|
514
-4%
|
531
+3%
|
549
+3%
|
562
+2%
|
612
+9%
|
617
+1%
|
618
+0%
|
598
-3%
|
550
-8%
|
531
-3%
|
538
+1%
|
519
-4%
|
527
+2%
|
519
-2%
|
476
-8%
|
480
+1%
|
477
-1%
|
391
-18%
|
409
+5%
|
423
+3%
|
462
+9%
|
433
-6%
|
300
-31%
|
192
-36%
|
86
-55%
|
59
-32%
|
5
-91%
|
|
EPS (Diluted) |
1.51
N/A
|
1.59
+5%
|
1.67
+5%
|
1.77
+6%
|
1.84
+4%
|
1.94
+5%
|
1.99
+3%
|
2.02
+2%
|
1.98
-2%
|
1.89
-5%
|
1.88
-1%
|
1.88
N/A
|
1.85
-2%
|
2.01
+9%
|
1.96
-2%
|
2.05
+5%
|
2.08
+1%
|
2.08
N/A
|
2.41
+16%
|
2.39
-1%
|
2.38
0%
|
2.46
+3%
|
2.3
-7%
|
2.27
-1%
|
2.29
+1%
|
2.34
+2%
|
2.42
+3%
|
2.43
+0%
|
2.21
-9%
|
2.29
+4%
|
2.32
+1%
|
1.93
-17%
|
2.02
+5%
|
2.14
+6%
|
2.4
+12%
|
2.32
-3%
|
1.58
-32%
|
1.03
-35%
|
0.46
-55%
|
0.36
-22%
|
0.03
-92%
|