Kelt Exploration Ltd
TSX:KEL
Income Statement
Earnings Waterfall
Kelt Exploration Ltd
Revenue
|
436.4m
CAD
|
Cost of Revenue
|
-164.8m
CAD
|
Gross Profit
|
271.6m
CAD
|
Operating Expenses
|
-148.4m
CAD
|
Operating Income
|
123.3m
CAD
|
Other Expenses
|
-37.3m
CAD
|
Net Income
|
86m
CAD
|
Income Statement
Kelt Exploration Ltd
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 |
40
N/A
|
79
+95%
|
113
+43%
|
154
+37%
|
186
+21%
|
179
-4%
|
181
+1%
|
170
-6%
|
160
-6%
|
163
+2%
|
154
-6%
|
156
+1%
|
169
+8%
|
185
+10%
|
203
+10%
|
211
+4%
|
234
+11%
|
264
+13%
|
298
+13%
|
337
+13%
|
359
+6%
|
373
+4%
|
378
+1%
|
376
-1%
|
375
0%
|
345
-8%
|
294
-15%
|
252
-14%
|
197
-22%
|
184
-6%
|
197
+7%
|
217
+11%
|
289
+33%
|
358
+24%
|
463
+29%
|
522
+13%
|
548
+5%
|
545
0%
|
487
-11%
|
462
-5%
|
436
-6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(15)
|
(28)
|
(38)
|
(53)
|
(67)
|
(74)
|
(88)
|
(90)
|
(91)
|
(98)
|
(90)
|
(91)
|
(93)
|
(89)
|
(93)
|
(97)
|
(110)
|
(120)
|
(132)
|
(148)
|
(150)
|
(156)
|
(162)
|
(165)
|
(168)
|
(171)
|
(166)
|
(147)
|
(129)
|
(109)
|
(92)
|
(91)
|
(102)
|
(113)
|
(128)
|
(142)
|
(153)
|
(165)
|
(167)
|
(168)
|
(165)
|
|
Gross Profit |
25
N/A
|
51
+104%
|
74
+46%
|
102
+37%
|
120
+18%
|
105
-12%
|
93
-12%
|
80
-14%
|
69
-14%
|
66
-5%
|
64
-3%
|
65
+2%
|
76
+16%
|
96
+27%
|
109
+14%
|
114
+4%
|
124
+9%
|
144
+16%
|
166
+15%
|
189
+14%
|
209
+10%
|
217
+4%
|
216
0%
|
211
-3%
|
207
-2%
|
174
-16%
|
128
-26%
|
105
-18%
|
68
-36%
|
75
+11%
|
104
+38%
|
126
+21%
|
187
+48%
|
245
+31%
|
335
+37%
|
379
+13%
|
394
+4%
|
380
-4%
|
320
-16%
|
294
-8%
|
272
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(31)
|
(46)
|
(59)
|
(80)
|
(99)
|
(114)
|
(135)
|
(148)
|
(233)
|
(246)
|
(244)
|
(241)
|
(134)
|
(119)
|
(114)
|
(111)
|
(152)
|
(165)
|
(172)
|
(176)
|
(179)
|
(174)
|
(177)
|
(182)
|
(180)
|
(184)
|
(180)
|
(158)
|
(131)
|
(370)
|
(95)
|
(97)
|
(108)
|
(47)
|
(127)
|
(134)
|
(150)
|
(156)
|
(157)
|
(158)
|
(148)
|
|
Selling, General & Administrative |
(7)
|
(10)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(12)
|
(13)
|
(12)
|
(13)
|
(14)
|
(14)
|
(14)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(15)
|
(14)
|
(14)
|
(13)
|
(12)
|
(13)
|
(15)
|
(18)
|
(19)
|
(21)
|
(22)
|
(25)
|
(27)
|
(27)
|
(27)
|
(27)
|
|
Research & Development |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(3)
|
(11)
|
(11)
|
(12)
|
(11)
|
(4)
|
(4)
|
(2)
|
(2)
|
(1)
|
(3)
|
(3)
|
(4)
|
(5)
|
(4)
|
(4)
|
(3)
|
(5)
|
(5)
|
(5)
|
(7)
|
(3)
|
(3)
|
(2)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(14)
|
(16)
|
(16)
|
(16)
|
(1)
|
|
Depreciation & Amortization |
(23)
|
(35)
|
(47)
|
(66)
|
(84)
|
(98)
|
(118)
|
(129)
|
(205)
|
(218)
|
(215)
|
(213)
|
(114)
|
(100)
|
(96)
|
(94)
|
(134)
|
(146)
|
(153)
|
(155)
|
(156)
|
(151)
|
(155)
|
(161)
|
(156)
|
(161)
|
(157)
|
(134)
|
(113)
|
(94)
|
(79)
|
(82)
|
(91)
|
(101)
|
(109)
|
(115)
|
(116)
|
(119)
|
(120)
|
(121)
|
(126)
|
|
Other Operating Expenses |
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(261)
|
(1)
|
1
|
2
|
73
|
4
|
5
|
5
|
5
|
5
|
5
|
5
|
|
Operating Income |
(6)
N/A
|
5
N/A
|
15
+237%
|
22
+43%
|
20
-7%
|
(8)
N/A
|
(42)
-402%
|
(68)
-60%
|
(164)
-141%
|
(180)
-10%
|
(180)
+0%
|
(177)
+2%
|
(59)
+67%
|
(24)
+59%
|
(4)
+81%
|
3
N/A
|
(27)
N/A
|
(21)
+22%
|
(7)
+68%
|
14
N/A
|
30
+121%
|
43
+44%
|
39
-9%
|
28
-28%
|
27
-3%
|
(10)
N/A
|
(51)
-401%
|
(53)
-3%
|
(63)
-20%
|
(295)
-368%
|
9
N/A
|
30
+215%
|
80
+169%
|
198
+148%
|
209
+6%
|
246
+18%
|
244
-1%
|
224
-8%
|
163
-28%
|
136
-16%
|
123
-9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(4)
|
(6)
|
(3)
|
1
|
3
|
3
|
(3)
|
(10)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(17)
|
(21)
|
(23)
|
(22)
|
(25)
|
6
|
(8)
|
(17)
|
(7)
|
(36)
|
(25)
|
(25)
|
(14)
|
(50)
|
(39)
|
(50)
|
(34)
|
(7)
|
(5)
|
16
|
(10)
|
|
Non-Reccuring Items |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(3)
|
(2)
|
(21)
|
(21)
|
(18)
|
(18)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(77)
|
(337)
|
(337)
|
(337)
|
0
|
70
|
70
|
70
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
16
|
16
|
16
|
18
|
2
|
5
|
9
|
7
|
8
|
5
|
10
|
11
|
9
|
9
|
4
|
5
|
8
|
9
|
7
|
7
|
4
|
(3)
|
(5)
|
(6)
|
(6)
|
(0)
|
1
|
1
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
4
|
5
|
7
|
8
|
5
|
5
|
4
|
3
|
4
|
2
|
1
|
1
|
3
|
3
|
4
|
3
|
2
|
3
|
4
|
7
|
6
|
6
|
4
|
1
|
1
|
2
|
2
|
(2)
|
(2)
|
(3)
|
(3)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
1
|
1
|
1
|
|
Pre-Tax Income |
(4)
N/A
|
5
N/A
|
16
+234%
|
26
+63%
|
27
+2%
|
0
-100%
|
(22)
N/A
|
(54)
-146%
|
(174)
-224%
|
(191)
-10%
|
(207)
-8%
|
(200)
+3%
|
(59)
+70%
|
(27)
+55%
|
(5)
+82%
|
(1)
+78%
|
(26)
-2 405%
|
(20)
+24%
|
(6)
+68%
|
16
N/A
|
23
+40%
|
32
+42%
|
28
-13%
|
17
-40%
|
9
-44%
|
(73)
N/A
|
(390)
-435%
|
(411)
-5%
|
(413)
-1%
|
(340)
+18%
|
45
N/A
|
75
+66%
|
136
+81%
|
147
+9%
|
169
+15%
|
194
+15%
|
210
+8%
|
217
+3%
|
158
-27%
|
153
-3%
|
114
-25%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(5)
|
(12)
|
(18)
|
(16)
|
(11)
|
(2)
|
7
|
33
|
41
|
46
|
46
|
10
|
1
|
(6)
|
(5)
|
3
|
(1)
|
(8)
|
(16)
|
(15)
|
(15)
|
(10)
|
(5)
|
(3)
|
(4)
|
58
|
57
|
88
|
93
|
14
|
12
|
(21)
|
(25)
|
(31)
|
(37)
|
(51)
|
(53)
|
(38)
|
(37)
|
(29)
|
|
Income from Continuing Operations |
(5)
|
(0)
|
4
|
8
|
11
|
(11)
|
(24)
|
(47)
|
(141)
|
(150)
|
(161)
|
(155)
|
(50)
|
(26)
|
(11)
|
(6)
|
(23)
|
(21)
|
(14)
|
(0)
|
8
|
18
|
19
|
12
|
7
|
(77)
|
(332)
|
(353)
|
(325)
|
(248)
|
59
|
87
|
114
|
122
|
138
|
158
|
159
|
164
|
119
|
116
|
86
|
|
Net Income (Common) |
(5)
N/A
|
(0)
+97%
|
4
N/A
|
8
+91%
|
11
+41%
|
(11)
N/A
|
(24)
-124%
|
(47)
-95%
|
(141)
-201%
|
(150)
-7%
|
(161)
-7%
|
(155)
+4%
|
(50)
+68%
|
(26)
+48%
|
(11)
+59%
|
(6)
+44%
|
(23)
-291%
|
(21)
+10%
|
(14)
+31%
|
(0)
+99%
|
8
N/A
|
18
+114%
|
19
+6%
|
12
-35%
|
7
-45%
|
(77)
N/A
|
(332)
-332%
|
(353)
-6%
|
(325)
+8%
|
(248)
+24%
|
59
N/A
|
87
+47%
|
114
+31%
|
122
+7%
|
138
+13%
|
158
+14%
|
159
+1%
|
164
+4%
|
119
-27%
|
116
-3%
|
86
-26%
|
|
EPS (Diluted) |
-0.07
N/A
|
-0.02
+71%
|
0.02
N/A
|
0.06
+200%
|
0.09
+50%
|
-0.08
N/A
|
-0.17
-113%
|
-0.27
-59%
|
-0.91
-237%
|
-0.89
+2%
|
-0.92
-3%
|
-0.88
+4%
|
-0.29
+67%
|
-0.15
+48%
|
-0.06
+60%
|
-0.03
+50%
|
-0.13
-333%
|
-0.12
+8%
|
-0.08
+33%
|
0
N/A
|
0.04
N/A
|
0.1
+150%
|
0.1
N/A
|
0.06
-40%
|
0.04
-33%
|
-0.41
N/A
|
-1.77
-332%
|
-1.88
-6%
|
-1.73
+8%
|
-1.32
+24%
|
0.32
N/A
|
0.47
+47%
|
0.6
+28%
|
0.64
+7%
|
0.71
+11%
|
0.81
+14%
|
0.81
N/A
|
0.84
+4%
|
0.61
-27%
|
0.59
-3%
|
0.44
-25%
|