Intertape Polymer Group Inc
TSX:ITP
Income Statement
Earnings Waterfall
Intertape Polymer Group Inc
Revenue
|
1.6B
USD
|
Cost of Revenue
|
-1.2B
USD
|
Gross Profit
|
342.6m
USD
|
Operating Expenses
|
-230.6m
USD
|
Operating Income
|
112m
USD
|
Other Expenses
|
-120m
USD
|
Net Income
|
-7.9m
USD
|
Income Statement
Intertape Polymer Group Inc
Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
781
N/A
|
778
0%
|
785
+1%
|
782
0%
|
778
-1%
|
779
+0%
|
782
+0%
|
785
+0%
|
794
+1%
|
803
+1%
|
813
+1%
|
802
-1%
|
796
-1%
|
787
-1%
|
782
-1%
|
784
+0%
|
789
+1%
|
795
+1%
|
809
+2%
|
825
+2%
|
834
+1%
|
871
+4%
|
898
+3%
|
928
+3%
|
967
+4%
|
1 003
+4%
|
1 053
+5%
|
1 094
+4%
|
1 140
+4%
|
1 155
+1%
|
1 159
+0%
|
1 160
+0%
|
1 131
-2%
|
1 161
+3%
|
1 213
+5%
|
1 280
+5%
|
1 389
+9%
|
1 462
+5%
|
1 532
+5%
|
1 592
+4%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(655)
|
(647)
|
(646)
|
(638)
|
(627)
|
(624)
|
(623)
|
(622)
|
(630)
|
(638)
|
(649)
|
(644)
|
(639)
|
(629)
|
(614)
|
(612)
|
(607)
|
(611)
|
(617)
|
(626)
|
(639)
|
(670)
|
(697)
|
(726)
|
(757)
|
(787)
|
(836)
|
(869)
|
(905)
|
(913)
|
(912)
|
(912)
|
(891)
|
(900)
|
(924)
|
(967)
|
(1 045)
|
(1 115)
|
(1 191)
|
(1 250)
|
|
Gross Profit |
126
N/A
|
131
+4%
|
139
+6%
|
145
+4%
|
151
+4%
|
156
+3%
|
159
+2%
|
163
+3%
|
165
+1%
|
165
+0%
|
164
-1%
|
158
-3%
|
156
-1%
|
158
+1%
|
168
+6%
|
172
+2%
|
182
+5%
|
184
+1%
|
192
+4%
|
200
+4%
|
195
-2%
|
201
+3%
|
201
+0%
|
203
+1%
|
210
+3%
|
216
+3%
|
217
+1%
|
225
+3%
|
235
+5%
|
242
+3%
|
247
+2%
|
248
+0%
|
241
-3%
|
261
+8%
|
289
+11%
|
313
+8%
|
344
+10%
|
347
+1%
|
340
-2%
|
343
+1%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(82)
|
(83)
|
(84)
|
(89)
|
(89)
|
(90)
|
(90)
|
(86)
|
(87)
|
(89)
|
(94)
|
(93)
|
(95)
|
(91)
|
(93)
|
(99)
|
(104)
|
(113)
|
(113)
|
(116)
|
(119)
|
(111)
|
(119)
|
(123)
|
(122)
|
(137)
|
(135)
|
(139)
|
(147)
|
(149)
|
(149)
|
(148)
|
(145)
|
(148)
|
(169)
|
(184)
|
(194)
|
(213)
|
(203)
|
(231)
|
|
Selling, General & Administrative |
(75)
|
(77)
|
(78)
|
(83)
|
(82)
|
(84)
|
(83)
|
(79)
|
(79)
|
(82)
|
(86)
|
(85)
|
(87)
|
(82)
|
(84)
|
(89)
|
(93)
|
(103)
|
(103)
|
(105)
|
(108)
|
(99)
|
(108)
|
(111)
|
(110)
|
(125)
|
(123)
|
(127)
|
(136)
|
(136)
|
(137)
|
(135)
|
(133)
|
(137)
|
(157)
|
(173)
|
(183)
|
(187)
|
(177)
|
(219)
|
|
Research & Development |
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(11)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
|
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
|
0
|
0
|
(15)
|
(15)
|
0
|
|
Operating Income |
45
N/A
|
48
+7%
|
55
+13%
|
56
+2%
|
62
+12%
|
66
+6%
|
69
+5%
|
77
+12%
|
78
+2%
|
76
-2%
|
70
-8%
|
65
-7%
|
61
-6%
|
68
+11%
|
75
+10%
|
73
-2%
|
78
+7%
|
70
-9%
|
78
+11%
|
83
+7%
|
76
-8%
|
90
+18%
|
82
-9%
|
80
-3%
|
88
+9%
|
79
-10%
|
82
+4%
|
86
+5%
|
88
+2%
|
93
+6%
|
98
+5%
|
101
+3%
|
95
-5%
|
113
+18%
|
120
+7%
|
128
+7%
|
150
+17%
|
134
-11%
|
137
+2%
|
112
-18%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(16)
|
(14)
|
(13)
|
(12)
|
(10)
|
(8)
|
(6)
|
(5)
|
(4)
|
(4)
|
(5)
|
(4)
|
(5)
|
(3)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(6)
|
(5)
|
(7)
|
(10)
|
(10)
|
(19)
|
(22)
|
(25)
|
(31)
|
(30)
|
(30)
|
(30)
|
(30)
|
(32)
|
(31)
|
(30)
|
(31)
|
(40)
|
(39)
|
|
Non-Reccuring Items |
(17)
|
(16)
|
(19)
|
(46)
|
(33)
|
(33)
|
(31)
|
(5)
|
(5)
|
(6)
|
(5)
|
(4)
|
(3)
|
(2)
|
(4)
|
(5)
|
(7)
|
(13)
|
(2)
|
(1)
|
1
|
7
|
(1)
|
(1)
|
(0)
|
(6)
|
(7)
|
(7)
|
(12)
|
(7)
|
(5)
|
(6)
|
(5)
|
(4)
|
(4)
|
(4)
|
(15)
|
0
|
0
|
(61)
|
|
Total Other Income |
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
1
|
1
|
0
|
0
|
(2)
|
(3)
|
(3)
|
(2)
|
(5)
|
(4)
|
7
|
6
|
9
|
7
|
(3)
|
(3)
|
(3)
|
(2)
|
|
Pre-Tax Income |
10
N/A
|
17
+69%
|
21
+18%
|
(3)
N/A
|
19
N/A
|
23
+25%
|
32
+35%
|
66
+110%
|
68
+3%
|
66
-4%
|
59
-11%
|
56
-5%
|
53
-6%
|
62
+17%
|
68
+10%
|
64
-5%
|
67
+4%
|
52
-22%
|
71
+35%
|
77
+8%
|
71
-7%
|
90
+26%
|
77
-14%
|
73
-5%
|
78
+6%
|
64
-18%
|
54
-15%
|
54
+0%
|
48
-12%
|
52
+10%
|
58
+10%
|
60
+5%
|
67
+12%
|
84
+25%
|
93
+10%
|
101
+9%
|
102
+1%
|
100
-2%
|
94
-6%
|
9
-90%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(0)
|
(0)
|
(3)
|
(4)
|
36
|
29
|
24
|
18
|
(23)
|
(20)
|
(17)
|
(17)
|
(11)
|
(10)
|
(11)
|
(5)
|
(20)
|
(21)
|
(20)
|
(25)
|
(3)
|
(1)
|
(1)
|
4
|
(10)
|
(11)
|
(13)
|
(15)
|
(16)
|
(15)
|
(14)
|
(17)
|
(19)
|
(22)
|
(23)
|
(22)
|
(24)
|
(15)
|
|
Income from Continuing Operations |
9
|
17
|
20
|
(3)
|
16
|
19
|
67
|
95
|
92
|
83
|
36
|
36
|
36
|
45
|
57
|
54
|
56
|
47
|
51
|
55
|
52
|
65
|
74
|
72
|
77
|
67
|
44
|
44
|
35
|
38
|
41
|
45
|
53
|
68
|
74
|
79
|
79
|
78
|
70
|
(6)
|
|
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)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Net Income (Common) |
9
N/A
|
17
+91%
|
20
+20%
|
(3)
N/A
|
16
N/A
|
19
+22%
|
67
+247%
|
95
+41%
|
92
-3%
|
83
-9%
|
36
-57%
|
36
+1%
|
36
-1%
|
45
+27%
|
57
+25%
|
54
-4%
|
56
+4%
|
47
-17%
|
51
+9%
|
55
+8%
|
52
-6%
|
65
+25%
|
64
-1%
|
62
-3%
|
67
+8%
|
58
-14%
|
45
-23%
|
44
-2%
|
35
-19%
|
38
+8%
|
41
+9%
|
45
+9%
|
53
+18%
|
67
+27%
|
73
+8%
|
78
+7%
|
77
0%
|
76
-2%
|
68
-11%
|
(8)
N/A
|
|
EPS (Diluted) |
0.15
N/A
|
0.28
+87%
|
0.34
+21%
|
-0.05
N/A
|
0.26
N/A
|
0.31
+19%
|
1.08
+248%
|
1.53
+42%
|
1.46
-5%
|
1.33
-9%
|
0.57
-57%
|
0.58
+2%
|
0.58
N/A
|
0.74
+28%
|
0.93
+26%
|
0.91
-2%
|
0.93
+2%
|
0.77
-17%
|
0.86
+12%
|
0.92
+7%
|
0.87
-5%
|
1.09
+25%
|
1.08
-1%
|
1.05
-3%
|
1.12
+7%
|
0.97
-13%
|
0.75
-23%
|
0.74
-1%
|
0.6
-19%
|
0.64
+7%
|
0.7
+9%
|
0.76
+9%
|
0.87
+14%
|
1.12
+29%
|
1.21
+8%
|
1.28
+6%
|
1.28
N/A
|
1.25
-2%
|
1.12
-10%
|
-0.13
N/A
|