Firan Technology Group Corp
TSX:FTG
Income Statement
Earnings Waterfall
Firan Technology Group Corp
Revenue
|
135.2m
CAD
|
Cost of Revenue
|
-95.9m
CAD
|
Gross Profit
|
39.3m
CAD
|
Operating Expenses
|
-23.4m
CAD
|
Operating Income
|
15.9m
CAD
|
Other Expenses
|
-4.3m
CAD
|
Net Income
|
11.6m
CAD
|
Income Statement
Firan Technology Group Corp
Nov-2013 | Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Feb-2016 | May-2016 | Aug-2016 | Nov-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Nov-2017 | Mar-2018 | Jun-2018 | Aug-2018 | Nov-2018 | Mar-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Nov-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Nov-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Nov-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
56
N/A
|
57
+2%
|
58
+2%
|
60
+3%
|
61
+2%
|
63
+4%
|
66
+5%
|
70
+5%
|
72
+3%
|
73
+1%
|
74
+1%
|
79
+7%
|
87
+11%
|
97
+12%
|
103
+6%
|
99
-4%
|
95
-4%
|
95
+0%
|
98
+4%
|
104
+6%
|
109
+5%
|
107
-2%
|
111
+3%
|
114
+3%
|
113
-1%
|
112
-1%
|
106
-5%
|
103
-3%
|
102
0%
|
97
-5%
|
90
-7%
|
86
-5%
|
79
-7%
|
81
+2%
|
83
+2%
|
86
+4%
|
90
+4%
|
94
+5%
|
105
+12%
|
119
+13%
|
135
+14%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(45)
|
(45)
|
(45)
|
(45)
|
(46)
|
(48)
|
(51)
|
(52)
|
(54)
|
(54)
|
(55)
|
(60)
|
(68)
|
(75)
|
(80)
|
(76)
|
(72)
|
(74)
|
(76)
|
(81)
|
(84)
|
(80)
|
(81)
|
(82)
|
(82)
|
(84)
|
(80)
|
(78)
|
(76)
|
(71)
|
(67)
|
(66)
|
(62)
|
(63)
|
(65)
|
(66)
|
(68)
|
(67)
|
(74)
|
(85)
|
(96)
|
|
Gross Profit |
11
N/A
|
12
+9%
|
14
+9%
|
15
+9%
|
15
+3%
|
15
0%
|
16
+4%
|
17
+11%
|
18
+3%
|
19
+4%
|
19
0%
|
19
-1%
|
19
+4%
|
22
+16%
|
23
+4%
|
24
+1%
|
23
-2%
|
21
-9%
|
23
+7%
|
23
+3%
|
25
+9%
|
27
+7%
|
30
+9%
|
32
+7%
|
30
-4%
|
27
-9%
|
26
-4%
|
25
-5%
|
26
+5%
|
26
-1%
|
23
-12%
|
20
-13%
|
17
-14%
|
18
+4%
|
18
+1%
|
20
+11%
|
21
+7%
|
27
+26%
|
31
+16%
|
34
+10%
|
39
+15%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(12)
|
(13)
|
(14)
|
(14)
|
(13)
|
(13)
|
(14)
|
(15)
|
(9)
|
(8)
|
(8)
|
(7)
|
(14)
|
(21)
|
(18)
|
(19)
|
(19)
|
(18)
|
(18)
|
(18)
|
(18)
|
(19)
|
(19)
|
(20)
|
(19)
|
(19)
|
(20)
|
(19)
|
(19)
|
(18)
|
(17)
|
(17)
|
(16)
|
(17)
|
(17)
|
(17)
|
(18)
|
(19)
|
(21)
|
(22)
|
(23)
|
|
Selling, General & Administrative |
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(10)
|
(11)
|
(13)
|
(13)
|
(13)
|
(13)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(15)
|
(15)
|
(17)
|
|
Research & Development |
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
|
Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
7
|
7
|
7
|
8
|
1
|
(3)
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Operating Income |
(0)
N/A
|
(1)
-171%
|
(0)
+93%
|
1
N/A
|
2
+206%
|
2
-24%
|
2
+25%
|
3
+29%
|
10
+253%
|
11
+12%
|
11
+0%
|
11
+7%
|
5
-57%
|
2
-66%
|
5
+209%
|
4
-20%
|
4
-9%
|
3
-31%
|
4
+69%
|
6
+24%
|
7
+30%
|
8
+18%
|
11
+25%
|
12
+14%
|
11
-8%
|
8
-27%
|
7
-15%
|
6
-8%
|
8
+20%
|
8
+4%
|
6
-22%
|
3
-51%
|
1
-74%
|
1
+48%
|
1
-41%
|
2
+234%
|
3
+28%
|
7
+147%
|
11
+43%
|
13
+19%
|
16
+26%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
2
|
1
|
0
|
(0)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(1)
|
(1)
|
|
Non-Reccuring Items |
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(4)
|
(4)
|
0
|
(3)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
3
|
3
|
2
|
2
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
7
|
7
|
7
|
6
|
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)
|
|
Pre-Tax Income |
(2)
N/A
|
(1)
+45%
|
(0)
+58%
|
0
N/A
|
2
+500%
|
3
+13%
|
3
+17%
|
5
+45%
|
11
+130%
|
11
+2%
|
12
+6%
|
14
+19%
|
8
-44%
|
8
+7%
|
7
-13%
|
4
-44%
|
4
-12%
|
3
-28%
|
4
+64%
|
5
+19%
|
6
+28%
|
8
+26%
|
9
+18%
|
11
+14%
|
10
-9%
|
6
-42%
|
5
-9%
|
4
-28%
|
5
+26%
|
7
+49%
|
4
-40%
|
4
+1%
|
3
-38%
|
2
-18%
|
2
-2%
|
2
-10%
|
2
+23%
|
8
+230%
|
11
+38%
|
12
+10%
|
14
+21%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
1
|
1
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
|
Income from Continuing Operations |
(1)
|
(0)
|
0
|
1
|
2
|
2
|
3
|
4
|
10
|
10
|
10
|
12
|
6
|
6
|
5
|
2
|
1
|
0
|
1
|
2
|
3
|
4
|
6
|
7
|
6
|
2
|
2
|
1
|
1
|
3
|
1
|
2
|
0
|
(0)
|
(0)
|
(0)
|
1
|
6
|
8
|
9
|
12
|
|
Income to Minority Interest |
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
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
(1)
N/A
|
(0)
+85%
|
0
N/A
|
1
+175%
|
2
+82%
|
2
+12%
|
3
+17%
|
4
+49%
|
10
+120%
|
10
+1%
|
10
+3%
|
12
+19%
|
6
-50%
|
6
+6%
|
5
-20%
|
2
-66%
|
1
-24%
|
0
-87%
|
1
+694%
|
2
+37%
|
3
+57%
|
4
+52%
|
6
+27%
|
7
+20%
|
6
-9%
|
2
-63%
|
2
-20%
|
1
-63%
|
1
+112%
|
4
+156%
|
2
-56%
|
2
+8%
|
0
-82%
|
(0)
N/A
|
(0)
N/A
|
(0)
-63%
|
1
N/A
|
5
+684%
|
8
+44%
|
8
+8%
|
12
+37%
|
|
EPS (Diluted) |
-0.06
N/A
|
-0.01
+83%
|
0.02
N/A
|
0.06
+200%
|
0.11
+83%
|
0.12
+9%
|
0.14
+17%
|
0.21
+50%
|
0.47
+124%
|
0.48
+2%
|
0.47
-2%
|
0.51
+9%
|
0.27
-47%
|
0.25
-7%
|
0.22
-12%
|
0.08
-64%
|
0.05
-38%
|
0.02
-60%
|
0.06
+200%
|
0.08
+33%
|
0.13
+63%
|
0.18
+38%
|
0.23
+28%
|
0.27
+17%
|
0.27
N/A
|
0.09
-67%
|
0.07
-22%
|
0.03
-57%
|
0.06
+100%
|
0.15
+150%
|
0.07
-53%
|
0.07
N/A
|
0.01
-86%
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
0.03
N/A
|
0.23
+667%
|
0.33
+43%
|
0.35
+6%
|
0.48
+37%
|