Heroux Devtek Inc
TSX:HRX
Income Statement
Earnings Waterfall
Heroux Devtek Inc
Revenue
|
601.7m
CAD
|
Cost of Revenue
|
-507.3m
CAD
|
Gross Profit
|
94.4m
CAD
|
Operating Expenses
|
-51.2m
CAD
|
Operating Income
|
43.2m
CAD
|
Other Expenses
|
-19.3m
CAD
|
Net Income
|
23.9m
CAD
|
Income Statement
Heroux Devtek 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 |
255
N/A
|
272
+7%
|
295
+9%
|
323
+9%
|
350
+8%
|
365
+4%
|
377
+3%
|
387
+3%
|
395
+2%
|
407
+3%
|
404
-1%
|
401
-1%
|
403
+0%
|
407
+1%
|
398
-2%
|
396
0%
|
395
0%
|
387
-2%
|
386
0%
|
392
+2%
|
439
+12%
|
484
+10%
|
542
+12%
|
591
+9%
|
604
+2%
|
613
+1%
|
598
-2%
|
590
-1%
|
583
-1%
|
571
-2%
|
569
0%
|
563
-1%
|
544
-3%
|
536
-1%
|
524
-2%
|
525
+0%
|
535
+2%
|
544
+2%
|
570
+5%
|
579
+2%
|
602
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(216)
|
(230)
|
(248)
|
(270)
|
(293)
|
(306)
|
(315)
|
(321)
|
(326)
|
(333)
|
(330)
|
(329)
|
(334)
|
(339)
|
(333)
|
(334)
|
(331)
|
(325)
|
(324)
|
(328)
|
(367)
|
(401)
|
(447)
|
(490)
|
(501)
|
(510)
|
(498)
|
(491)
|
(483)
|
(476)
|
(473)
|
(466)
|
(453)
|
(445)
|
(442)
|
(447)
|
(458)
|
(470)
|
(489)
|
(494)
|
(507)
|
|
Gross Profit |
39
N/A
|
42
+8%
|
48
+12%
|
53
+11%
|
57
+9%
|
59
+3%
|
62
+4%
|
66
+7%
|
70
+5%
|
74
+7%
|
74
-1%
|
72
-2%
|
69
-4%
|
68
-2%
|
65
-5%
|
62
-4%
|
63
+1%
|
61
-3%
|
62
+0%
|
63
+3%
|
73
+14%
|
83
+15%
|
94
+13%
|
101
+7%
|
103
+2%
|
103
+0%
|
99
-4%
|
98
-1%
|
100
+1%
|
95
-5%
|
96
+1%
|
97
+1%
|
90
-7%
|
91
+1%
|
82
-10%
|
78
-5%
|
77
-2%
|
74
-4%
|
81
+10%
|
85
+5%
|
94
+11%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(19)
|
(21)
|
(25)
|
(27)
|
(29)
|
(32)
|
(32)
|
(34)
|
(35)
|
(35)
|
(35)
|
(35)
|
(34)
|
(29)
|
(28)
|
(28)
|
(29)
|
(31)
|
(31)
|
(32)
|
(35)
|
(41)
|
(46)
|
(49)
|
(50)
|
(50)
|
(50)
|
(49)
|
(49)
|
(48)
|
(47)
|
(47)
|
(45)
|
(45)
|
(44)
|
(42)
|
(45)
|
(48)
|
(48)
|
(52)
|
(51)
|
|
Selling, General & Administrative |
(19)
|
(21)
|
(25)
|
(27)
|
(29)
|
(32)
|
(32)
|
(34)
|
(35)
|
(35)
|
(35)
|
(35)
|
(34)
|
(29)
|
(28)
|
(28)
|
(29)
|
(31)
|
(31)
|
(32)
|
(35)
|
(41)
|
(46)
|
(49)
|
(50)
|
(50)
|
(50)
|
(49)
|
(49)
|
(48)
|
(47)
|
(47)
|
(45)
|
(45)
|
(45)
|
(44)
|
(47)
|
(48)
|
(50)
|
(53)
|
(52)
|
|
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
|
0
|
1
|
1
|
0
|
2
|
0
|
0
|
|
Operating Income |
20
N/A
|
21
+6%
|
23
+5%
|
26
+13%
|
28
+10%
|
28
-1%
|
30
+8%
|
32
+9%
|
34
+6%
|
40
+15%
|
39
-1%
|
38
-4%
|
35
-7%
|
39
+11%
|
37
-6%
|
34
-7%
|
34
N/A
|
30
-10%
|
30
-1%
|
31
+3%
|
38
+21%
|
42
+13%
|
48
+14%
|
53
+9%
|
53
+2%
|
53
-1%
|
50
-6%
|
50
N/A
|
51
+2%
|
47
-8%
|
49
+5%
|
50
+2%
|
45
-10%
|
46
+2%
|
38
-17%
|
36
-7%
|
32
-11%
|
25
-21%
|
33
+33%
|
34
+1%
|
43
+28%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(2)
|
(2)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(5)
|
(5)
|
(4)
|
(3)
|
(8)
|
(8)
|
(8)
|
(8)
|
(4)
|
(4)
|
(4)
|
(5)
|
(8)
|
(9)
|
(11)
|
(12)
|
(11)
|
(11)
|
(12)
|
(12)
|
(11)
|
(9)
|
(7)
|
(5)
|
(6)
|
(6)
|
(7)
|
(9)
|
(9)
|
(11)
|
(11)
|
(12)
|
|
Non-Reccuring Items |
(1)
|
(7)
|
(8)
|
(8)
|
(16)
|
(23)
|
(24)
|
(23)
|
(15)
|
(1)
|
(0)
|
3
|
6
|
6
|
6
|
1
|
(2)
|
(5)
|
(5)
|
(6)
|
(8)
|
(4)
|
(4)
|
(3)
|
(1)
|
(80)
|
(85)
|
(88)
|
(88)
|
(10)
|
(4)
|
(1)
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
|
Total Other Income |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(0)
|
1
|
1
|
1
|
0
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
15
N/A
|
12
-21%
|
12
+3%
|
14
+13%
|
7
-46%
|
1
-91%
|
1
+100%
|
5
+250%
|
17
+237%
|
32
+95%
|
33
+3%
|
36
+9%
|
37
+3%
|
36
-3%
|
34
-5%
|
28
-20%
|
24
-12%
|
21
-14%
|
21
-1%
|
21
+1%
|
24
+14%
|
30
+28%
|
34
+13%
|
38
+12%
|
40
+4%
|
(38)
N/A
|
(47)
-24%
|
(50)
-7%
|
(50)
+0%
|
26
N/A
|
37
+40%
|
42
+15%
|
40
-5%
|
40
+2%
|
33
-19%
|
29
-11%
|
23
-21%
|
19
-19%
|
23
+22%
|
23
-1%
|
31
+39%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(3)
|
(2)
|
(3)
|
(1)
|
3
|
3
|
2
|
(1)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(8)
|
(2)
|
(7)
|
(8)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(9)
|
(11)
|
(11)
|
(11)
|
(6)
|
(9)
|
(11)
|
(10)
|
(8)
|
(6)
|
(5)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
|
Income from Continuing Operations |
13
|
9
|
10
|
11
|
6
|
3
|
4
|
7
|
16
|
27
|
27
|
31
|
32
|
32
|
31
|
24
|
17
|
19
|
13
|
13
|
20
|
26
|
29
|
32
|
33
|
(47)
|
(58)
|
(61)
|
(61)
|
20
|
28
|
32
|
29
|
32
|
26
|
24
|
19
|
14
|
17
|
17
|
24
|
|
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
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
16
N/A
|
9
-44%
|
10
+8%
|
11
+7%
|
6
-42%
|
3
-48%
|
4
+34%
|
7
+63%
|
16
+127%
|
27
+67%
|
27
+3%
|
31
+13%
|
32
+4%
|
32
-1%
|
31
-4%
|
24
-21%
|
17
-31%
|
14
-18%
|
13
-3%
|
13
+1%
|
20
+51%
|
26
+31%
|
29
+11%
|
33
+11%
|
34
+4%
|
(50)
N/A
|
(58)
-16%
|
(61)
-5%
|
(61)
0%
|
20
N/A
|
28
+41%
|
32
+14%
|
30
-7%
|
33
+9%
|
27
-18%
|
24
-11%
|
19
-20%
|
14
-27%
|
17
+22%
|
17
-1%
|
24
+43%
|
|
EPS (Diluted) |
0.51
N/A
|
0.29
-43%
|
0.31
+7%
|
0.29
-6%
|
0.16
-45%
|
0.09
-44%
|
0.12
+33%
|
0.2
+67%
|
0.44
+120%
|
0.74
+68%
|
0.75
+1%
|
0.84
+12%
|
0.88
+5%
|
0.88
N/A
|
0.85
-3%
|
0.68
-20%
|
0.47
-31%
|
0.37
-21%
|
0.37
N/A
|
0.37
N/A
|
0.55
+49%
|
0.73
+33%
|
0.8
+10%
|
0.89
+11%
|
0.93
+4%
|
-1.37
N/A
|
-1.6
-17%
|
-1.67
-4%
|
-1.67
N/A
|
0.55
N/A
|
0.78
+42%
|
0.88
+13%
|
0.83
-6%
|
0.9
+8%
|
0.76
-16%
|
0.68
-11%
|
0.55
-19%
|
0.4
-27%
|
0.49
+23%
|
0.49
N/A
|
0.7
+43%
|