Converge Technology Solutions Corp
TSX:CTS
Income Statement
Earnings Waterfall
Converge Technology Solutions Corp
Income Statement
Converge Technology Solutions Corp
| 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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
1
|
1
|
1
|
7
|
12
|
16
|
20
|
17
|
13
|
9
|
8
|
7
|
9
|
13
|
20
|
27
|
35
|
40
|
41
|
38
|
33
|
28
|
25
|
|
| Revenue |
276
N/A
|
376
+36%
|
459
+22%
|
510
+11%
|
565
+11%
|
609
+8%
|
688
+13%
|
759
+10%
|
829
+9%
|
874
+5%
|
949
+9%
|
1 018
+7%
|
1 135
+12%
|
1 312
+16%
|
1 528
+16%
|
1 768
+16%
|
2 019
+14%
|
2 255
+12%
|
2 165
-4%
|
2 293
+6%
|
2 362
+3%
|
2 469
+5%
|
2 705
+10%
|
2 656
-2%
|
2 642
-1%
|
2 562
-3%
|
2 592
+1%
|
|
| Gross Profit | ||||||||||||||||||||||||||||
| Cost of Revenue |
(226)
|
(303)
|
(369)
|
(404)
|
(445)
|
(477)
|
(526)
|
(580)
|
(631)
|
(659)
|
(716)
|
(772)
|
(866)
|
(1 012)
|
(1 182)
|
(1 381)
|
(1 577)
|
(1 757)
|
(1 614)
|
(1 680)
|
(1 706)
|
(1 779)
|
(2 002)
|
(1 949)
|
(1 932)
|
(1 868)
|
(1 901)
|
|
| Gross Profit |
50
N/A
|
73
+45%
|
90
+24%
|
106
+18%
|
120
+13%
|
132
+10%
|
162
+22%
|
179
+11%
|
198
+10%
|
215
+9%
|
233
+8%
|
246
+6%
|
269
+10%
|
301
+12%
|
346
+15%
|
387
+12%
|
442
+14%
|
498
+13%
|
551
+11%
|
613
+11%
|
656
+7%
|
690
+5%
|
703
+2%
|
707
+1%
|
710
+1%
|
694
-2%
|
691
0%
|
|
| Operating Income | ||||||||||||||||||||||||||||
| Operating Expenses |
(43)
|
(68)
|
(81)
|
(97)
|
(112)
|
(120)
|
(150)
|
(167)
|
(183)
|
(194)
|
(199)
|
(205)
|
(220)
|
(254)
|
(294)
|
(334)
|
(383)
|
(441)
|
(494)
|
(557)
|
(607)
|
(637)
|
(656)
|
(658)
|
(656)
|
(643)
|
(630)
|
|
| Selling, General & Administrative |
(40)
|
(63)
|
(76)
|
(91)
|
(105)
|
(112)
|
(137)
|
(151)
|
(164)
|
(173)
|
(178)
|
(226)
|
(239)
|
(268)
|
(257)
|
(291)
|
(331)
|
(376)
|
(419)
|
(471)
|
(511)
|
(534)
|
(545)
|
(549)
|
(548)
|
(544)
|
(541)
|
|
| Depreciation & Amortization |
(3)
|
(5)
|
(5)
|
(6)
|
(7)
|
(9)
|
(13)
|
(16)
|
(19)
|
(21)
|
(22)
|
(23)
|
(25)
|
(30)
|
(37)
|
(45)
|
(54)
|
(67)
|
(75)
|
(87)
|
(96)
|
(103)
|
(111)
|
(110)
|
(108)
|
(99)
|
(90)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
44
|
44
|
44
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
7
N/A
|
5
-31%
|
9
+92%
|
10
+4%
|
8
-17%
|
12
+50%
|
12
-3%
|
12
+5%
|
15
+25%
|
22
+42%
|
34
+55%
|
42
+23%
|
49
+19%
|
47
-4%
|
52
+10%
|
53
+2%
|
59
+11%
|
57
-4%
|
56
-1%
|
56
0%
|
49
-13%
|
53
+10%
|
47
-13%
|
48
+3%
|
54
+12%
|
52
-4%
|
61
+18%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||
| Interest Income Expense |
(4)
|
(6)
|
(8)
|
(10)
|
(11)
|
(13)
|
(16)
|
(18)
|
(20)
|
(21)
|
(20)
|
(17)
|
(13)
|
(9)
|
(8)
|
(7)
|
(9)
|
11
|
(0)
|
(7)
|
(8)
|
(37)
|
(37)
|
(34)
|
(37)
|
(36)
|
(58)
|
|
| Non-Reccuring Items |
(3)
|
(6)
|
(10)
|
(13)
|
(11)
|
(13)
|
(6)
|
(9)
|
(12)
|
(10)
|
(14)
|
(15)
|
(14)
|
(17)
|
(15)
|
(18)
|
(20)
|
(23)
|
(24)
|
(23)
|
(21)
|
(16)
|
(14)
|
(13)
|
(190)
|
(190)
|
(193)
|
|
| Total Other Income |
(9)
|
(9)
|
(7)
|
(5)
|
(0)
|
(0)
|
(2)
|
2
|
1
|
1
|
(3)
|
(6)
|
(9)
|
(4)
|
(6)
|
(10)
|
(3)
|
(7)
|
(13)
|
(11)
|
(23)
|
(24)
|
(15)
|
(17)
|
(9)
|
(10)
|
(11)
|
|
| Pre-Tax Income |
(10)
N/A
|
(16)
-69%
|
(16)
+4%
|
(17)
-12%
|
(14)
+21%
|
(14)
-3%
|
(13)
+10%
|
(13)
+2%
|
(16)
-29%
|
(8)
+48%
|
(3)
+70%
|
4
N/A
|
14
+221%
|
17
+28%
|
24
+39%
|
18
-25%
|
27
+53%
|
38
+41%
|
19
-51%
|
17
-12%
|
(3)
N/A
|
(23)
-648%
|
(19)
+20%
|
(15)
+17%
|
(181)
-1 084%
|
(184)
-1%
|
(201)
-9%
|
|
| Net Income | ||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(2)
|
(3)
|
(2)
|
(3)
|
(2)
|
2
|
3
|
5
|
5
|
(2)
|
(3)
|
(7)
|
(7)
|
(8)
|
(8)
|
(6)
|
(4)
|
4
|
5
|
9
|
7
|
12
|
9
|
14
|
17
|
20
|
|
| Income from Continuing Operations |
(11)
|
(18)
|
(18)
|
(20)
|
(16)
|
(17)
|
(11)
|
(9)
|
(11)
|
(4)
|
(4)
|
1
|
6
|
10
|
16
|
10
|
21
|
35
|
23
|
22
|
6
|
(16)
|
(6)
|
(7)
|
(167)
|
(167)
|
(181)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
1
|
3
|
4
|
5
|
6
|
5
|
5
|
5
|
6
|
4
|
3
|
|
| Net Income (Common) |
(11)
N/A
|
(18)
-61%
|
(18)
-1%
|
(20)
-8%
|
(16)
+17%
|
(17)
-2%
|
(11)
+35%
|
(9)
+13%
|
(11)
-20%
|
(4)
+69%
|
(4)
-20%
|
1
N/A
|
6
+540%
|
10
+61%
|
16
+54%
|
11
-34%
|
22
+105%
|
38
+74%
|
27
-27%
|
27
-1%
|
12
-57%
|
(11)
N/A
|
(1)
+87%
|
(1)
+7%
|
(161)
-11 830%
|
(163)
-1%
|
(178)
-9%
|
|
| EPS (Diluted) |
-0.19
N/A
|
-0.3
-58%
|
-0.28
+7%
|
-0.26
+7%
|
-0.2
+23%
|
-0.22
-10%
|
-0.14
+36%
|
-0.12
+14%
|
-0.14
-17%
|
-0.04
+71%
|
-0.04
N/A
|
-0.01
+75%
|
0.05
N/A
|
0.06
+20%
|
0.08
+33%
|
0.06
-25%
|
0.1
+67%
|
0.18
+80%
|
0.13
-28%
|
0.12
-8%
|
0.05
-58%
|
-0.06
N/A
|
-0.01
+83%
|
-0.01
N/A
|
-0.81
-8 000%
|
-0.82
-1%
|
-0.9
-10%
|
|