Cargojet Inc
TSX:CJT
Income Statement
Earnings Waterfall
Cargojet Inc
Revenue
|
877.5m
CAD
|
Cost of Revenue
|
-739.4m
CAD
|
Gross Profit
|
138.1m
CAD
|
Operating Expenses
|
-73.4m
CAD
|
Operating Income
|
64.7m
CAD
|
Other Expenses
|
-27.4m
CAD
|
Net Income
|
37.3m
CAD
|
Income Statement
Cargojet Inc
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 |
175
N/A
|
178
+2%
|
180
+1%
|
184
+2%
|
192
+5%
|
203
+5%
|
234
+15%
|
262
+12%
|
289
+10%
|
312
+8%
|
316
+1%
|
321
+2%
|
331
+3%
|
341
+3%
|
350
+3%
|
359
+2%
|
383
+7%
|
395
+3%
|
416
+5%
|
441
+6%
|
455
+3%
|
466
+2%
|
476
+2%
|
480
+1%
|
487
+1%
|
499
+3%
|
576
+15%
|
621
+8%
|
669
+8%
|
706
+6%
|
682
-3%
|
709
+4%
|
758
+7%
|
831
+10%
|
906
+9%
|
949
+5%
|
980
+3%
|
978
0%
|
941
-4%
|
923
-2%
|
878
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(150)
|
(154)
|
(157)
|
(162)
|
(174)
|
(187)
|
(216)
|
(237)
|
(251)
|
(258)
|
(248)
|
(244)
|
(245)
|
(251)
|
(258)
|
(262)
|
(277)
|
(287)
|
(305)
|
(328)
|
(343)
|
(356)
|
(365)
|
(365)
|
(367)
|
(369)
|
(382)
|
(398)
|
(418)
|
(442)
|
(454)
|
(486)
|
(527)
|
(579)
|
(647)
|
(687)
|
(732)
|
(752)
|
(734)
|
(739)
|
(739)
|
|
Gross Profit |
26
N/A
|
24
-4%
|
23
-5%
|
22
-7%
|
19
-13%
|
16
-15%
|
18
+13%
|
25
+37%
|
38
+54%
|
54
+41%
|
68
+25%
|
78
+15%
|
86
+11%
|
90
+5%
|
93
+3%
|
96
+4%
|
106
+10%
|
109
+2%
|
111
+2%
|
113
+2%
|
112
0%
|
110
-2%
|
112
+1%
|
115
+3%
|
119
+4%
|
130
+9%
|
194
+49%
|
223
+15%
|
251
+12%
|
264
+5%
|
228
-14%
|
224
-2%
|
231
+3%
|
253
+9%
|
259
+2%
|
262
+1%
|
248
-6%
|
226
-9%
|
208
-8%
|
183
-12%
|
138
-25%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(19)
|
(19)
|
(20)
|
(22)
|
(26)
|
(29)
|
(32)
|
(33)
|
(43)
|
(38)
|
(39)
|
(40)
|
(50)
|
(50)
|
(51)
|
(55)
|
(46)
|
(47)
|
(49)
|
(49)
|
(51)
|
(54)
|
(54)
|
(56)
|
(60)
|
(64)
|
(92)
|
(91)
|
(101)
|
(95)
|
(73)
|
(75)
|
(59)
|
(68)
|
(60)
|
(59)
|
(75)
|
(73)
|
(79)
|
(82)
|
(73)
|
|
Selling, General & Administrative |
(19)
|
(19)
|
(20)
|
(22)
|
(26)
|
(29)
|
(32)
|
(32)
|
(43)
|
(38)
|
(39)
|
(40)
|
(49)
|
(49)
|
(50)
|
(54)
|
(45)
|
(45)
|
(47)
|
(47)
|
(49)
|
(52)
|
(52)
|
(54)
|
(58)
|
(62)
|
(90)
|
(89)
|
(99)
|
(93)
|
(71)
|
(72)
|
(57)
|
(66)
|
(64)
|
(64)
|
(73)
|
(79)
|
(78)
|
(80)
|
(71)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Other Operating Expenses |
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
|
6
|
7
|
0
|
8
|
0
|
0
|
0
|
|
Operating Income |
7
N/A
|
5
-24%
|
3
-33%
|
(0)
N/A
|
(8)
-2 400%
|
(13)
-68%
|
(14)
-12%
|
(8)
+44%
|
(5)
+39%
|
16
N/A
|
29
+81%
|
38
+31%
|
36
-5%
|
40
+11%
|
41
+4%
|
42
+0%
|
60
+45%
|
62
+3%
|
62
N/A
|
63
+3%
|
61
-4%
|
57
-7%
|
58
+2%
|
59
+2%
|
60
+1%
|
66
+11%
|
103
+56%
|
132
+28%
|
150
+14%
|
169
+13%
|
155
-8%
|
149
-4%
|
172
+15%
|
185
+7%
|
199
+8%
|
204
+3%
|
172
-15%
|
153
-11%
|
128
-16%
|
102
-21%
|
65
-36%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(10)
|
(16)
|
(22)
|
(17)
|
(21)
|
(21)
|
(24)
|
(22)
|
(26)
|
(26)
|
(22)
|
(26)
|
(26)
|
(26)
|
(27)
|
(32)
|
(34)
|
(36)
|
(31)
|
(40)
|
(48)
|
(119)
|
(168)
|
(195)
|
(118)
|
(76)
|
(68)
|
34
|
(119)
|
37
|
121
|
47
|
146
|
35
|
(12)
|
(6)
|
|
Non-Reccuring Items |
1
|
1
|
1
|
1
|
(0)
|
0
|
0
|
0
|
1
|
0
|
0
|
(10)
|
(11)
|
(13)
|
(13)
|
(2)
|
(1)
|
1
|
1
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
(3)
|
(3)
|
(2)
|
(5)
|
(1)
|
(1)
|
(1)
|
1
|
0
|
(2)
|
(4)
|
(7)
|
|
Pre-Tax Income |
5
N/A
|
3
-27%
|
1
-70%
|
(3)
N/A
|
(13)
-400%
|
(22)
-72%
|
(29)
-31%
|
(29)
+1%
|
(21)
+27%
|
(4)
+80%
|
8
N/A
|
4
-47%
|
3
-32%
|
1
-70%
|
2
+156%
|
17
+648%
|
34
+95%
|
36
+8%
|
37
+2%
|
36
-3%
|
29
-19%
|
24
-20%
|
23
-2%
|
30
+29%
|
21
-30%
|
19
-8%
|
(16)
N/A
|
(37)
-131%
|
(44)
-20%
|
48
N/A
|
76
+57%
|
79
+4%
|
201
+154%
|
65
-68%
|
235
+261%
|
324
+38%
|
220
-32%
|
299
+36%
|
161
-46%
|
85
-47%
|
52
-39%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
1
|
4
|
6
|
8
|
7
|
3
|
(1)
|
(4)
|
(3)
|
(1)
|
(0)
|
(1)
|
(6)
|
(10)
|
(11)
|
(11)
|
(11)
|
(9)
|
(8)
|
(8)
|
(7)
|
(9)
|
(9)
|
(24)
|
(35)
|
(44)
|
(45)
|
(38)
|
(34)
|
(33)
|
(44)
|
(42)
|
(35)
|
(29)
|
(22)
|
(13)
|
(11)
|
(14)
|
|
Income from Continuing Operations |
3
|
2
|
0
|
(2)
|
(10)
|
(16)
|
(22)
|
(22)
|
(18)
|
(5)
|
5
|
2
|
2
|
1
|
1
|
12
|
24
|
26
|
26
|
25
|
20
|
16
|
15
|
22
|
12
|
10
|
(40)
|
(72)
|
(88)
|
3
|
37
|
45
|
167
|
22
|
194
|
290
|
191
|
278
|
148
|
75
|
37
|
|
Net Income (Common) |
3
N/A
|
2
-36%
|
0
-86%
|
(2)
N/A
|
(10)
-332%
|
(16)
-72%
|
(22)
-33%
|
(22)
+0%
|
(18)
+17%
|
(5)
+70%
|
5
N/A
|
2
-58%
|
2
+26%
|
1
-75%
|
1
+100%
|
12
+867%
|
24
+104%
|
26
+8%
|
26
+1%
|
25
-3%
|
20
-19%
|
16
-22%
|
15
-3%
|
22
+46%
|
12
-48%
|
10
-16%
|
(40)
N/A
|
(72)
-81%
|
(88)
-22%
|
3
N/A
|
37
+1 000%
|
45
+20%
|
167
+273%
|
22
-87%
|
194
+796%
|
290
+50%
|
191
-34%
|
278
+46%
|
148
-47%
|
75
-49%
|
37
-50%
|
|
EPS (Diluted) |
0.42
N/A
|
0.25
-40%
|
0.03
-88%
|
-0.24
N/A
|
-1.07
-346%
|
-1.76
-64%
|
-2.1
-19%
|
-2.18
-4%
|
-1.86
+15%
|
-0.52
+72%
|
0.42
N/A
|
0.18
-57%
|
0.22
+22%
|
0.05
-77%
|
0.1
+100%
|
0.87
+770%
|
1.96
+125%
|
1.89
-4%
|
1.93
+2%
|
1.86
-4%
|
1.5
-19%
|
1.16
-23%
|
1.13
-3%
|
1.65
+46%
|
0.85
-48%
|
0.62
-27%
|
-2.5
N/A
|
-4.6
-84%
|
-5.63
-22%
|
0.19
N/A
|
2.16
+1 037%
|
2.56
+19%
|
9.51
+271%
|
1.24
-87%
|
10.99
+786%
|
16.56
+51%
|
9.39
-43%
|
13.6
+45%
|
7.14
-48%
|
3.61
-49%
|
2.17
-40%
|