Innergex Renewable Energy Inc
TSX:INE
Income Statement
Earnings Waterfall
Innergex Renewable Energy Inc
Revenue
|
1B
CAD
|
Cost of Revenue
|
-232.8m
CAD
|
Gross Profit
|
808.8m
CAD
|
Operating Expenses
|
-457.7m
CAD
|
Operating Income
|
351.1m
CAD
|
Other Expenses
|
-455.2m
CAD
|
Net Income
|
-104.1m
CAD
|
Income Statement
Innergex Renewable Energy 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 |
198
N/A
|
200
+1%
|
207
+3%
|
215
+4%
|
242
+12%
|
262
+8%
|
263
+0%
|
259
-1%
|
247
-5%
|
252
+2%
|
269
+7%
|
276
+2%
|
293
+6%
|
305
+4%
|
327
+7%
|
366
+12%
|
400
+10%
|
428
+7%
|
443
+4%
|
451
+2%
|
481
+7%
|
506
+5%
|
526
+4%
|
552
+5%
|
557
+1%
|
563
+1%
|
569
+1%
|
588
+4%
|
613
+4%
|
671
+9%
|
691
+3%
|
713
+3%
|
747
+5%
|
746
0%
|
795
+7%
|
869
+9%
|
935
+8%
|
900
-4%
|
950
+6%
|
984
+4%
|
1 042
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(34)
|
(35)
|
(34)
|
(35)
|
(4)
|
(35)
|
(35)
|
(26)
|
(4)
|
(12)
|
(7)
|
(7)
|
(4)
|
(7)
|
(6)
|
(6)
|
(5)
|
(22)
|
(42)
|
(63)
|
(85)
|
(87)
|
(93)
|
(95)
|
(99)
|
(106)
|
(109)
|
(121)
|
(131)
|
(135)
|
(135)
|
(143)
|
(149)
|
(158)
|
(179)
|
(188)
|
(208)
|
(219)
|
(224)
|
(232)
|
(233)
|
|
Gross Profit |
164
N/A
|
165
+0%
|
173
+5%
|
180
+4%
|
238
+33%
|
227
-5%
|
228
+0%
|
233
+2%
|
243
+4%
|
240
-1%
|
262
+9%
|
269
+2%
|
288
+7%
|
298
+3%
|
320
+7%
|
360
+12%
|
395
+10%
|
406
+3%
|
401
-1%
|
388
-3%
|
397
+2%
|
419
+6%
|
433
+3%
|
457
+6%
|
459
+0%
|
457
0%
|
460
+1%
|
467
+2%
|
482
+3%
|
536
+11%
|
556
+4%
|
570
+2%
|
598
+5%
|
588
-2%
|
617
+5%
|
682
+10%
|
727
+7%
|
681
-6%
|
726
+7%
|
752
+4%
|
809
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(85)
|
(87)
|
(94)
|
(97)
|
(133)
|
(104)
|
(105)
|
(113)
|
(134)
|
(128)
|
(140)
|
(148)
|
(163)
|
(179)
|
(191)
|
(210)
|
(226)
|
(220)
|
(215)
|
(204)
|
(196)
|
(208)
|
(219)
|
(232)
|
(244)
|
(252)
|
(266)
|
(283)
|
(288)
|
(295)
|
(300)
|
(300)
|
(328)
|
(352)
|
(371)
|
(400)
|
(414)
|
(417)
|
(439)
|
(460)
|
(458)
|
|
Selling, General & Administrative |
(11)
|
(12)
|
(17)
|
(17)
|
(53)
|
(24)
|
(25)
|
(32)
|
(51)
|
(43)
|
(51)
|
(54)
|
(62)
|
(67)
|
(72)
|
(80)
|
(84)
|
(71)
|
(58)
|
(43)
|
(28)
|
(30)
|
(32)
|
(33)
|
(37)
|
(38)
|
(40)
|
(44)
|
(43)
|
(42)
|
(43)
|
(42)
|
(45)
|
(49)
|
(49)
|
(52)
|
(53)
|
(59)
|
(65)
|
(68)
|
(69)
|
|
Depreciation & Amortization |
(69)
|
(71)
|
(72)
|
(74)
|
(74)
|
(74)
|
(74)
|
(74)
|
(76)
|
(76)
|
(79)
|
(84)
|
(90)
|
(100)
|
(110)
|
(121)
|
(129)
|
(136)
|
(141)
|
(144)
|
(151)
|
(162)
|
(172)
|
(184)
|
(195)
|
(202)
|
(212)
|
(223)
|
(229)
|
(234)
|
(236)
|
(236)
|
(256)
|
(277)
|
(297)
|
(320)
|
(336)
|
(333)
|
(348)
|
(367)
|
(361)
|
|
Other Operating Expenses |
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(11)
|
(10)
|
(12)
|
(10)
|
(11)
|
(12)
|
(14)
|
(16)
|
(16)
|
(17)
|
(17)
|
(16)
|
(15)
|
(13)
|
(12)
|
(14)
|
(15)
|
(17)
|
(19)
|
(21)
|
(21)
|
(27)
|
(26)
|
(25)
|
(27)
|
(25)
|
(25)
|
(26)
|
(25)
|
(27)
|
|
Operating Income |
80
N/A
|
78
-2%
|
79
+1%
|
83
+5%
|
106
+27%
|
123
+16%
|
123
0%
|
120
-2%
|
108
-10%
|
112
+4%
|
122
+9%
|
121
-1%
|
126
+4%
|
119
-5%
|
129
+9%
|
150
+16%
|
169
+13%
|
186
+10%
|
186
+0%
|
184
-1%
|
201
+9%
|
210
+5%
|
214
+2%
|
225
+5%
|
215
-5%
|
205
-5%
|
194
-5%
|
185
-5%
|
194
+5%
|
241
+24%
|
256
+6%
|
270
+5%
|
270
+0%
|
236
-13%
|
246
+4%
|
282
+14%
|
314
+11%
|
264
-16%
|
287
+9%
|
292
+2%
|
351
+20%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(16)
|
(63)
|
(125)
|
(149)
|
(216)
|
(233)
|
(184)
|
(171)
|
(118)
|
(63)
|
(81)
|
(81)
|
(85)
|
(89)
|
(104)
|
(115)
|
(133)
|
(155)
|
(162)
|
(164)
|
(129)
|
(145)
|
(169)
|
(179)
|
(218)
|
(288)
|
(279)
|
(266)
|
(203)
|
(337)
|
(332)
|
(355)
|
(399)
|
(265)
|
(317)
|
(315)
|
(336)
|
(302)
|
(259)
|
(290)
|
(324)
|
|
Non-Reccuring Items |
(0)
|
0
|
0
|
(1)
|
(0)
|
0
|
0
|
(0)
|
(52)
|
(51)
|
(51)
|
(51)
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(7)
|
(8)
|
(8)
|
(28)
|
(141)
|
(148)
|
(179)
|
(157)
|
(45)
|
(41)
|
(16)
|
(61)
|
(63)
|
(63)
|
(60)
|
(135)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
3
|
1
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
0
|
(5)
|
(5)
|
(6)
|
(8)
|
(10)
|
(13)
|
(12)
|
(9)
|
(18)
|
(9)
|
(9)
|
(4)
|
77
|
117
|
126
|
130
|
27
|
16
|
10
|
29
|
75
|
83
|
90
|
65
|
(15)
|
18
|
3
|
(7)
|
(45)
|
|
Pre-Tax Income |
66
N/A
|
15
-77%
|
(46)
N/A
|
(66)
-45%
|
(111)
-68%
|
(111)
+0%
|
(62)
+44%
|
(53)
+15%
|
(60)
-15%
|
(1)
+99%
|
(9)
-1 038%
|
(12)
-32%
|
37
N/A
|
25
-32%
|
19
-26%
|
26
+39%
|
26
+1%
|
17
-37%
|
11
-32%
|
11
-3%
|
54
+391%
|
57
+6%
|
37
-36%
|
42
+14%
|
66
+58%
|
27
-60%
|
35
+31%
|
40
+16%
|
(10)
N/A
|
(222)
-2 073%
|
(215)
+3%
|
(235)
-10%
|
(212)
+10%
|
9
N/A
|
(21)
N/A
|
11
N/A
|
(98)
N/A
|
(83)
+15%
|
(32)
+61%
|
(64)
-98%
|
(153)
-138%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(21)
|
(8)
|
8
|
13
|
27
|
27
|
15
|
11
|
12
|
(3)
|
(1)
|
1
|
(5)
|
(3)
|
2
|
(2)
|
(7)
|
(5)
|
(2)
|
(0)
|
(27)
|
(25)
|
(27)
|
(28)
|
(119)
|
(122)
|
(121)
|
(129)
|
(19)
|
22
|
66
|
56
|
26
|
(11)
|
(56)
|
(44)
|
7
|
14
|
13
|
28
|
47
|
|
Income from Continuing Operations |
45
|
7
|
(38)
|
(53)
|
(84)
|
(84)
|
(47)
|
(42)
|
(48)
|
(3)
|
(10)
|
(11)
|
32
|
22
|
21
|
25
|
19
|
12
|
9
|
11
|
26
|
32
|
10
|
14
|
(53)
|
(96)
|
(87)
|
(89)
|
(29)
|
(200)
|
(148)
|
(179)
|
(185)
|
(2)
|
(77)
|
(33)
|
(91)
|
(69)
|
(20)
|
(36)
|
(106)
|
|
Income to Minority Interest |
3
|
11
|
20
|
24
|
30
|
28
|
22
|
22
|
18
|
11
|
9
|
7
|
4
|
8
|
9
|
8
|
10
|
12
|
11
|
12
|
6
|
(4)
|
(1)
|
1
|
5
|
2
|
(2)
|
(2)
|
(4)
|
7
|
(1)
|
2
|
(6)
|
(10)
|
(1)
|
(6)
|
9
|
8
|
4
|
7
|
7
|
|
Net Income (Common) |
41
N/A
|
11
-74%
|
(25)
N/A
|
(37)
-45%
|
(62)
-68%
|
(64)
-3%
|
(33)
+48%
|
(27)
+20%
|
(37)
-41%
|
0
N/A
|
(8)
N/A
|
(10)
-27%
|
30
N/A
|
24
-20%
|
24
+0%
|
26
+10%
|
24
-11%
|
15
-37%
|
14
-8%
|
19
+37%
|
25
+36%
|
25
0%
|
23
-10%
|
26
+15%
|
(34)
N/A
|
(81)
-138%
|
(94)
-16%
|
(97)
-2%
|
(39)
+60%
|
(199)
-415%
|
(155)
+22%
|
(183)
-18%
|
(197)
-8%
|
(18)
+91%
|
(84)
-375%
|
(44)
+47%
|
(87)
-97%
|
(67)
+23%
|
(21)
+68%
|
(35)
-67%
|
(104)
-194%
|
|
EPS (Diluted) |
0.43
N/A
|
0.12
-72%
|
-0.26
N/A
|
-0.37
-42%
|
-0.63
-70%
|
-0.64
-2%
|
-0.3
+53%
|
-0.25
+17%
|
-0.37
-48%
|
0.01
N/A
|
-0.07
N/A
|
-0.09
-29%
|
0.28
N/A
|
0.23
-18%
|
0.23
N/A
|
0.25
+9%
|
0.22
-12%
|
0.11
-50%
|
0.11
N/A
|
0.13
+18%
|
0.2
+54%
|
0.18
-10%
|
0.16
-11%
|
0.19
+19%
|
-0.25
N/A
|
-0.5
-100%
|
-0.54
-8%
|
-0.55
-2%
|
-0.23
+58%
|
-1.14
-396%
|
-0.89
+22%
|
-1
-12%
|
-1.09
-9%
|
-0.07
+94%
|
-0.43
-514%
|
-0.23
+47%
|
-0.43
-87%
|
-0.33
+23%
|
-0.11
+67%
|
-0.17
-55%
|
-0.51
-200%
|