Dorel Industries Inc
TSX:DII.B
Income Statement
Earnings Waterfall
Dorel Industries Inc
Revenue
|
1.4B
USD
|
Cost of Revenue
|
-1.1B
USD
|
Gross Profit
|
252.1m
USD
|
Operating Expenses
|
-290.3m
USD
|
Operating Income
|
-38.2m
USD
|
Other Expenses
|
-24.1m
USD
|
Net Income
|
-62.4m
USD
|
Income Statement
Dorel Industries 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 |
2 435
N/A
|
2 489
+2%
|
2 544
+2%
|
2 610
+3%
|
2 678
+3%
|
2 695
+1%
|
2 709
+1%
|
2 715
+0%
|
2 683
-1%
|
2 664
-1%
|
2 631
-1%
|
2 623
0%
|
2 603
-1%
|
2 604
+0%
|
2 578
-1%
|
2 549
-1%
|
2 578
+1%
|
2 573
0%
|
2 585
+0%
|
2 613
+1%
|
2 620
+0%
|
2 603
-1%
|
2 650
+2%
|
2 665
+1%
|
2 635
-1%
|
2 590
-2%
|
2 644
+2%
|
2 712
+3%
|
2 763
+2%
|
2 891
+5%
|
2 614
-10%
|
2 298
-12%
|
1 759
-23%
|
1 748
-1%
|
1 728
-1%
|
1 665
-4%
|
1 570
-6%
|
1 475
-6%
|
1 393
-6%
|
1 378
-1%
|
1 389
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 876)
|
(1 918)
|
(1 957)
|
(2 006)
|
(2 064)
|
(2 092)
|
(2 112)
|
(2 133)
|
(2 098)
|
(2 074)
|
(2 041)
|
(2 009)
|
(1 988)
|
(1 990)
|
(1 968)
|
(1 949)
|
(1 966)
|
(1 964)
|
(1 985)
|
(2 023)
|
(2 043)
|
(2 046)
|
(2 090)
|
(2 110)
|
(2 088)
|
(2 068)
|
(2 117)
|
(2 155)
|
(2 177)
|
(2 265)
|
(2 044)
|
(1 818)
|
(1 425)
|
(1 420)
|
(1 419)
|
(1 385)
|
(1 352)
|
(1 278)
|
(1 204)
|
(1 166)
|
(1 137)
|
|
Gross Profit |
560
N/A
|
571
+2%
|
587
+3%
|
604
+3%
|
613
+2%
|
603
-2%
|
597
-1%
|
582
-2%
|
585
+1%
|
590
+1%
|
590
+0%
|
615
+4%
|
616
+0%
|
614
0%
|
610
-1%
|
600
-2%
|
612
+2%
|
609
0%
|
600
-1%
|
590
-2%
|
577
-2%
|
557
-3%
|
560
+1%
|
555
-1%
|
547
-1%
|
522
-5%
|
527
+1%
|
556
+6%
|
585
+5%
|
626
+7%
|
571
-9%
|
480
-16%
|
334
-30%
|
328
-2%
|
310
-6%
|
280
-10%
|
219
-22%
|
197
-10%
|
189
-4%
|
212
+12%
|
252
+19%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(459)
|
(458)
|
(464)
|
(461)
|
(483)
|
(483)
|
(482)
|
(480)
|
(482)
|
(477)
|
(477)
|
(492)
|
(514)
|
(513)
|
(513)
|
(510)
|
(493)
|
(499)
|
(492)
|
(483)
|
(472)
|
(461)
|
(461)
|
(459)
|
(448)
|
(435)
|
(422)
|
(423)
|
(451)
|
(470)
|
(446)
|
(401)
|
(294)
|
(302)
|
(297)
|
(298)
|
(295)
|
(285)
|
(286)
|
(286)
|
(290)
|
|
Selling, General & Administrative |
(426)
|
(423)
|
(431)
|
(426)
|
(422)
|
(447)
|
(444)
|
(441)
|
(420)
|
(440)
|
(441)
|
(457)
|
(452)
|
(474)
|
(475)
|
(472)
|
(440)
|
(467)
|
(457)
|
(447)
|
(414)
|
(419)
|
(413)
|
(407)
|
(376)
|
(375)
|
(360)
|
(358)
|
(380)
|
(400)
|
(379)
|
(339)
|
(246)
|
(256)
|
(253)
|
(255)
|
(247)
|
(237)
|
(238)
|
(238)
|
(247)
|
|
Research & Development |
(33)
|
(35)
|
(34)
|
(35)
|
(21)
|
(36)
|
(38)
|
(39)
|
(27)
|
(37)
|
(36)
|
(35)
|
(31)
|
(38)
|
(37)
|
(38)
|
(25)
|
(33)
|
(34)
|
(35)
|
(30)
|
(38)
|
(39)
|
(39)
|
(27)
|
(36)
|
(31)
|
(27)
|
(24)
|
(24)
|
(23)
|
(22)
|
(17)
|
(16)
|
(16)
|
(16)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(28)
|
(4)
|
(9)
|
(13)
|
(44)
|
(23)
|
(30)
|
(37)
|
(47)
|
(46)
|
(44)
|
(40)
|
(31)
|
(30)
|
(28)
|
(27)
|
(31)
|
(31)
|
(31)
|
(31)
|
(26)
|
|
Operating Income |
101
N/A
|
113
+12%
|
122
+8%
|
143
+17%
|
131
-9%
|
120
-8%
|
115
-4%
|
102
-11%
|
103
+1%
|
113
+9%
|
113
+0%
|
123
+9%
|
101
-18%
|
101
+0%
|
97
-4%
|
90
-7%
|
119
+32%
|
110
-8%
|
109
-1%
|
108
-1%
|
105
-2%
|
96
-8%
|
100
+3%
|
96
-3%
|
100
+3%
|
88
-12%
|
105
+20%
|
134
+27%
|
135
+1%
|
156
+16%
|
124
-20%
|
79
-36%
|
40
-50%
|
26
-34%
|
12
-54%
|
(18)
N/A
|
(77)
-324%
|
(87)
-14%
|
(97)
-11%
|
(74)
+24%
|
(38)
+48%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(15)
|
(16)
|
(19)
|
(22)
|
(26)
|
(28)
|
(30)
|
(33)
|
(35)
|
(36)
|
(35)
|
(34)
|
(30)
|
(28)
|
(27)
|
(25)
|
(25)
|
(24)
|
(25)
|
(26)
|
(27)
|
(30)
|
(33)
|
(38)
|
(43)
|
(45)
|
(45)
|
(44)
|
(39)
|
(36)
|
(31)
|
(28)
|
(26)
|
(26)
|
(23)
|
(21)
|
(19)
|
(18)
|
(20)
|
(21)
|
(22)
|
|
Non-Reccuring Items |
(20)
|
(20)
|
(22)
|
(28)
|
(153)
|
(160)
|
(157)
|
(183)
|
(45)
|
(47)
|
(109)
|
(80)
|
(80)
|
(87)
|
(27)
|
(25)
|
(42)
|
(43)
|
(80)
|
(82)
|
(571)
|
(570)
|
(538)
|
(545)
|
(48)
|
(84)
|
(82)
|
(75)
|
(84)
|
(42)
|
(42)
|
(39)
|
(55)
|
(56)
|
(59)
|
(66)
|
(22)
|
(24)
|
(18)
|
(11)
|
(14)
|
|
Total Other Income |
(4)
|
(9)
|
(12)
|
(10)
|
18
|
23
|
26
|
33
|
(1)
|
(1)
|
(3)
|
(12)
|
(13)
|
(14)
|
(13)
|
(12)
|
(8)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(7)
|
(6)
|
(6)
|
(6)
|
(4)
|
(12)
|
(12)
|
(18)
|
(19)
|
(10)
|
(10)
|
(4)
|
(4)
|
(4)
|
(2)
|
|
Pre-Tax Income |
63
N/A
|
68
+8%
|
70
+3%
|
84
+20%
|
(30)
N/A
|
(44)
-48%
|
(46)
-3%
|
(81)
-77%
|
23
N/A
|
28
+21%
|
(34)
N/A
|
(4)
+90%
|
(22)
-517%
|
(28)
-30%
|
32
N/A
|
29
-8%
|
44
+51%
|
36
-20%
|
(3)
N/A
|
(7)
-106%
|
(498)
-7 226%
|
(508)
-2%
|
(478)
+6%
|
(493)
-3%
|
2
N/A
|
(47)
N/A
|
(28)
+39%
|
8
N/A
|
6
-35%
|
72
+1 205%
|
47
-35%
|
(1)
N/A
|
(54)
-10 502%
|
(74)
-38%
|
(88)
-20%
|
(115)
-30%
|
(128)
-12%
|
(134)
-5%
|
(140)
-4%
|
(111)
+20%
|
(77)
+31%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(8)
|
(8)
|
(13)
|
9
|
10
|
12
|
19
|
3
|
3
|
10
|
4
|
10
|
9
|
(1)
|
(1)
|
(17)
|
(12)
|
0
|
0
|
54
|
51
|
38
|
39
|
(13)
|
(13)
|
(23)
|
(30)
|
(49)
|
(55)
|
(42)
|
(89)
|
(58)
|
(52)
|
(50)
|
8
|
9
|
11
|
13
|
11
|
15
|
|
Income from Continuing Operations |
58
|
60
|
62
|
71
|
(21)
|
(34)
|
(33)
|
(62)
|
26
|
31
|
(24)
|
1
|
(12)
|
(20)
|
31
|
28
|
27
|
23
|
(3)
|
(7)
|
(444)
|
(457)
|
(440)
|
(454)
|
(11)
|
(60)
|
(52)
|
(21)
|
(43)
|
17
|
5
|
(90)
|
(112)
|
(126)
|
(138)
|
(107)
|
(119)
|
(123)
|
(126)
|
(100)
|
(62)
|
|
Net Income (Common) |
58
N/A
|
60
+4%
|
62
+3%
|
71
+14%
|
(21)
N/A
|
(34)
-62%
|
(33)
+3%
|
(62)
-85%
|
26
N/A
|
31
+19%
|
(24)
N/A
|
1
N/A
|
(12)
N/A
|
(20)
-68%
|
31
N/A
|
28
-9%
|
27
-2%
|
23
-15%
|
(3)
N/A
|
(7)
-128%
|
(444)
-6 632%
|
(457)
-3%
|
(440)
+4%
|
(454)
-3%
|
(11)
+98%
|
(60)
-470%
|
(52)
+14%
|
(21)
+59%
|
(43)
-106%
|
17
N/A
|
28
+65%
|
(35)
N/A
|
(32)
+9%
|
200
N/A
|
157
-22%
|
157
+0%
|
136
-14%
|
(130)
N/A
|
(126)
+3%
|
(100)
+21%
|
(62)
+37%
|
|
EPS (Diluted) |
1.79
N/A
|
1.86
+4%
|
1.92
+3%
|
2.18
+14%
|
-0.66
N/A
|
-1.07
-62%
|
-1.04
+3%
|
-1.91
-84%
|
0.79
N/A
|
0.94
+19%
|
-0.75
N/A
|
0.01
N/A
|
-0.36
N/A
|
-0.6
-67%
|
0.94
N/A
|
0.86
-9%
|
0.84
-2%
|
0.71
-15%
|
-0.1
N/A
|
-0.22
-120%
|
-13.7
-6 127%
|
-14.11
-3%
|
-13.4
+5%
|
-14
-4%
|
-0.32
+98%
|
-1.84
-475%
|
-1.59
+14%
|
-0.66
+58%
|
-1.34
-103%
|
0.52
N/A
|
0.86
+65%
|
-1.07
N/A
|
-0.97
+9%
|
6.14
N/A
|
4.83
-21%
|
4.83
N/A
|
4.17
-14%
|
-3.99
N/A
|
-3.88
+3%
|
-3.07
+21%
|
-1.92
+37%
|