Element Fleet Management Corp
TSX:EFN
Income Statement
Earnings Waterfall
Element Fleet Management Corp
Revenue
|
2.4B
CAD
|
Cost of Revenue
|
-629.1m
CAD
|
Gross Profit
|
1.8B
CAD
|
Operating Expenses
|
-1.3B
CAD
|
Operating Income
|
480.7m
CAD
|
Other Expenses
|
-38.3m
CAD
|
Net Income
|
442.4m
CAD
|
Income Statement
Element Fleet Management 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 |
169
N/A
|
205
+21%
|
248
+21%
|
361
+45%
|
487
+35%
|
608
+25%
|
571
-6%
|
582
+2%
|
810
+39%
|
1 058
+31%
|
1 267
+20%
|
1 429
+13%
|
1 621
+13%
|
1 398
-14%
|
1 400
+0%
|
1 399
0%
|
1 736
+24%
|
1 738
+0%
|
1 930
+11%
|
2 045
+6%
|
1 776
-13%
|
1 849
+4%
|
1 900
+3%
|
1 936
+2%
|
1 966
+2%
|
1 940
-1%
|
1 859
-4%
|
1 792
-4%
|
1 718
-4%
|
1 659
-3%
|
1 625
-2%
|
1 602
-1%
|
1 582
-1%
|
1 586
+0%
|
1 656
+4%
|
1 743
+5%
|
1 848
+6%
|
1 977
+7%
|
2 123
+7%
|
2 288
+8%
|
2 446
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(49)
|
(62)
|
(76)
|
(107)
|
(140)
|
(172)
|
(148)
|
(143)
|
(176)
|
(207)
|
(293)
|
(341)
|
(349)
|
(353)
|
(363)
|
(371)
|
(417)
|
(441)
|
(470)
|
(498)
|
(494)
|
(522)
|
(538)
|
(545)
|
(539)
|
(514)
|
(472)
|
(424)
|
(376)
|
(326)
|
(285)
|
(259)
|
(236)
|
(228)
|
(239)
|
(270)
|
(319)
|
(392)
|
(473)
|
(555)
|
(629)
|
|
Gross Profit |
119
N/A
|
143
+20%
|
173
+21%
|
254
+47%
|
347
+36%
|
436
+26%
|
422
-3%
|
439
+4%
|
634
+45%
|
851
+34%
|
974
+14%
|
1 089
+12%
|
1 273
+17%
|
1 044
-18%
|
1 038
-1%
|
1 028
-1%
|
1 319
+28%
|
1 298
-2%
|
1 461
+13%
|
1 548
+6%
|
1 282
-17%
|
1 327
+4%
|
1 363
+3%
|
1 391
+2%
|
1 427
+3%
|
1 427
0%
|
1 387
-3%
|
1 368
-1%
|
1 342
-2%
|
1 332
-1%
|
1 340
+1%
|
1 343
+0%
|
1 346
+0%
|
1 358
+1%
|
1 417
+4%
|
1 473
+4%
|
1 529
+4%
|
1 585
+4%
|
1 650
+4%
|
1 733
+5%
|
1 817
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(68)
|
(81)
|
(95)
|
(137)
|
(187)
|
(230)
|
(237)
|
(246)
|
(405)
|
(567)
|
(582)
|
(654)
|
(832)
|
(623)
|
(624)
|
(622)
|
(928)
|
(936)
|
(1 119)
|
(1 704)
|
(1 443)
|
(1 467)
|
(1 489)
|
(1 015)
|
(1 278)
|
(1 269)
|
(1 239)
|
(1 223)
|
(963)
|
(952)
|
(959)
|
(968)
|
(972)
|
(990)
|
(1 016)
|
(1 044)
|
(1 082)
|
(1 134)
|
(1 194)
|
(1 259)
|
(1 336)
|
|
Selling, General & Administrative |
(60)
|
(71)
|
(82)
|
(122)
|
(163)
|
(202)
|
(214)
|
(223)
|
(281)
|
(351)
|
(436)
|
(496)
|
(433)
|
(469)
|
(476)
|
(475)
|
(489)
|
(489)
|
(478)
|
(478)
|
(486)
|
(480)
|
(483)
|
(469)
|
(457)
|
(454)
|
(444)
|
(441)
|
(454)
|
(448)
|
(446)
|
(444)
|
(435)
|
(440)
|
(446)
|
(461)
|
(479)
|
(507)
|
(532)
|
(548)
|
(577)
|
|
Depreciation & Amortization |
(2)
|
(3)
|
(3)
|
(4)
|
(10)
|
(14)
|
(17)
|
(21)
|
(123)
|
(219)
|
(145)
|
(156)
|
(403)
|
(152)
|
(147)
|
(146)
|
(438)
|
(80)
|
(275)
|
(379)
|
(477)
|
(507)
|
(526)
|
(546)
|
(561)
|
(555)
|
(536)
|
(522)
|
(509)
|
(505)
|
(514)
|
(524)
|
(536)
|
(550)
|
(571)
|
(584)
|
(603)
|
(626)
|
(661)
|
(712)
|
(760)
|
|
Other Operating Expenses |
(6)
|
(7)
|
(10)
|
(12)
|
(13)
|
(13)
|
(6)
|
(1)
|
(1)
|
3
|
0
|
0
|
4
|
(1)
|
0
|
0
|
0
|
(367)
|
(366)
|
(847)
|
(480)
|
(480)
|
(480)
|
0
|
(260)
|
(260)
|
(260)
|
(260)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
51
N/A
|
62
+21%
|
77
+25%
|
117
+52%
|
160
+37%
|
206
+29%
|
186
-10%
|
193
+4%
|
230
+19%
|
284
+24%
|
392
+38%
|
434
+11%
|
441
+1%
|
422
-4%
|
414
-2%
|
406
-2%
|
391
-4%
|
362
-7%
|
342
-6%
|
(156)
N/A
|
(161)
-3%
|
(140)
+13%
|
(126)
+10%
|
377
N/A
|
149
-60%
|
158
+6%
|
148
-6%
|
145
-2%
|
379
+162%
|
380
+0%
|
381
+0%
|
375
-2%
|
374
0%
|
368
-2%
|
401
+9%
|
428
+7%
|
447
+4%
|
451
+1%
|
456
+1%
|
474
+4%
|
481
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
(1)
|
(3)
|
(4)
|
(6)
|
(8)
|
(9)
|
(11)
|
(12)
|
(12)
|
(12)
|
(23)
|
(64)
|
(73)
|
(134)
|
(134)
|
(98)
|
(109)
|
(47)
|
(38)
|
(35)
|
(15)
|
(17)
|
(15)
|
(13)
|
(12)
|
(7)
|
(2)
|
(0)
|
4
|
3
|
(1)
|
(3)
|
(6)
|
(9)
|
(9)
|
(7)
|
(8)
|
(9)
|
|
Non-Reccuring Items |
(46)
|
(43)
|
(31)
|
(111)
|
(99)
|
(100)
|
(127)
|
(172)
|
(203)
|
(234)
|
(215)
|
(159)
|
(239)
|
(243)
|
(253)
|
(183)
|
(82)
|
(87)
|
(57)
|
(91)
|
(113)
|
(65)
|
(73)
|
(59)
|
(40)
|
(50)
|
(65)
|
(52)
|
(39)
|
(16)
|
29
|
56
|
80
|
91
|
100
|
104
|
112
|
120
|
124
|
131
|
134
|
|
Pre-Tax Income |
5
N/A
|
19
+288%
|
47
+150%
|
5
-89%
|
58
+998%
|
102
+75%
|
53
-48%
|
13
-75%
|
17
+29%
|
40
+132%
|
165
+313%
|
263
+60%
|
190
-28%
|
156
-18%
|
96
-38%
|
150
+56%
|
175
+16%
|
141
-19%
|
187
+32%
|
(357)
N/A
|
(321)
+10%
|
(244)
+24%
|
(234)
+4%
|
303
N/A
|
92
-70%
|
92
+0%
|
70
-25%
|
80
+16%
|
333
+315%
|
362
+9%
|
410
+13%
|
435
+6%
|
458
+5%
|
458
+0%
|
497
+9%
|
526
+6%
|
550
+4%
|
562
+2%
|
572
+2%
|
597
+4%
|
606
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(7)
|
(9)
|
(12)
|
2
|
(4)
|
(14)
|
(5)
|
26
|
47
|
50
|
29
|
(4)
|
0
|
12
|
32
|
10
|
(4)
|
(16)
|
(20)
|
115
|
121
|
103
|
79
|
(47)
|
6
|
4
|
22
|
12
|
(46)
|
(59)
|
(84)
|
(95)
|
(102)
|
(104)
|
(113)
|
(123)
|
(140)
|
(140)
|
(141)
|
(141)
|
(139)
|
|
Income from Continuing Operations |
(2)
|
9
|
34
|
7
|
54
|
88
|
48
|
39
|
65
|
90
|
194
|
259
|
190
|
167
|
129
|
160
|
171
|
125
|
167
|
(242)
|
(199)
|
(140)
|
(155)
|
256
|
98
|
97
|
91
|
92
|
287
|
303
|
326
|
340
|
356
|
354
|
384
|
403
|
410
|
423
|
431
|
457
|
466
|
|
Net Income (Common) |
(2)
N/A
|
7
N/A
|
28
+310%
|
(6)
N/A
|
35
N/A
|
65
+86%
|
76
+17%
|
89
+16%
|
143
+61%
|
192
+34%
|
265
+38%
|
307
+16%
|
378
+23%
|
328
-13%
|
264
-20%
|
292
+11%
|
113
-61%
|
81
-28%
|
122
+51%
|
(286)
N/A
|
(243)
+15%
|
(185)
+24%
|
(200)
-8%
|
211
N/A
|
53
-75%
|
53
-2%
|
47
-10%
|
48
+2%
|
246
+412%
|
265
+8%
|
290
+9%
|
307
+6%
|
324
+5%
|
322
-1%
|
352
+9%
|
373
+6%
|
382
+2%
|
397
+4%
|
408
+3%
|
433
+6%
|
442
+2%
|
|
EPS (Diluted) |
-0.01
N/A
|
0.05
N/A
|
0.09
+80%
|
-0.01
N/A
|
0.15
N/A
|
0.24
+60%
|
0.23
-4%
|
0.29
+26%
|
0.46
+59%
|
0.49
+7%
|
0.67
+37%
|
0.78
+16%
|
0.96
+23%
|
0.83
-14%
|
0.67
-19%
|
0.75
+12%
|
0.29
-61%
|
0.22
-24%
|
0.33
+50%
|
-0.75
N/A
|
-0.62
+17%
|
-0.42
+32%
|
-0.44
-5%
|
0.49
N/A
|
0.12
-76%
|
0.13
+8%
|
0.12
-8%
|
0.12
N/A
|
0.56
+367%
|
0.6
+7%
|
0.66
+10%
|
0.7
+6%
|
0.75
+7%
|
0.76
+1%
|
0.85
+12%
|
0.91
+7%
|
0.94
+3%
|
0.98
+4%
|
1.01
+3%
|
1.08
+7%
|
1.11
+3%
|