Magellan Aerospace Corp
TSX:MAL
Income Statement
Earnings Waterfall
Magellan Aerospace Corp
Revenue
|
879.6m
CAD
|
Cost of Revenue
|
-789.5m
CAD
|
Gross Profit
|
90.1m
CAD
|
Operating Expenses
|
-57.8m
CAD
|
Operating Income
|
32.4m
CAD
|
Other Expenses
|
-23.1m
CAD
|
Net Income
|
9.2m
CAD
|
Income Statement
Magellan Aerospace Corp
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 |
752
N/A
|
777
+3%
|
809
+4%
|
830
+3%
|
843
+2%
|
861
+2%
|
874
+2%
|
908
+4%
|
952
+5%
|
989
+4%
|
1 008
+2%
|
1 009
+0%
|
1 004
-1%
|
986
-2%
|
985
0%
|
970
-2%
|
956
-1%
|
952
0%
|
941
-1%
|
945
+0%
|
967
+2%
|
992
+3%
|
1 015
+2%
|
1 024
+1%
|
1 016
-1%
|
985
-3%
|
883
-10%
|
811
-8%
|
744
-8%
|
682
-8%
|
687
+1%
|
690
+0%
|
688
0%
|
700
+2%
|
725
+4%
|
749
+3%
|
765
+2%
|
800
+5%
|
827
+3%
|
849
+3%
|
880
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(640)
|
(660)
|
(686)
|
(702)
|
(709)
|
(717)
|
(725)
|
(750)
|
(787)
|
(816)
|
(828)
|
(831)
|
(825)
|
(812)
|
(812)
|
(796)
|
(783)
|
(782)
|
(775)
|
(781)
|
(804)
|
(826)
|
(845)
|
(857)
|
(859)
|
(834)
|
(752)
|
(692)
|
(648)
|
(605)
|
(622)
|
(637)
|
(647)
|
(658)
|
(684)
|
(706)
|
(736)
|
(754)
|
(770)
|
(785)
|
(789)
|
|
Gross Profit |
112
N/A
|
117
+4%
|
123
+5%
|
128
+5%
|
134
+4%
|
144
+7%
|
150
+4%
|
158
+5%
|
164
+4%
|
174
+6%
|
179
+3%
|
178
-1%
|
179
+0%
|
174
-3%
|
174
0%
|
174
+0%
|
173
-1%
|
170
-2%
|
166
-3%
|
164
-1%
|
163
0%
|
166
+1%
|
170
+2%
|
167
-2%
|
157
-6%
|
151
-4%
|
131
-13%
|
119
-9%
|
97
-19%
|
77
-21%
|
65
-15%
|
53
-19%
|
41
-22%
|
42
+2%
|
41
-3%
|
43
+5%
|
29
-33%
|
46
+62%
|
57
+23%
|
64
+13%
|
90
+40%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(46)
|
(47)
|
(47)
|
(48)
|
(48)
|
(50)
|
(53)
|
(54)
|
(57)
|
(59)
|
(58)
|
(58)
|
(58)
|
(62)
|
(64)
|
(64)
|
(63)
|
(59)
|
(58)
|
(58)
|
(48)
|
(48)
|
(50)
|
(51)
|
(62)
|
(63)
|
(59)
|
(55)
|
(52)
|
(54)
|
(51)
|
(45)
|
(44)
|
(42)
|
(42)
|
(43)
|
(50)
|
(51)
|
(55)
|
(60)
|
(58)
|
|
Selling, General & Administrative |
(45)
|
(46)
|
(47)
|
(48)
|
(47)
|
(50)
|
(53)
|
(54)
|
(55)
|
(59)
|
(58)
|
(58)
|
(56)
|
(58)
|
(60)
|
(60)
|
(58)
|
(59)
|
(58)
|
(58)
|
(56)
|
(58)
|
(60)
|
(61)
|
(60)
|
(63)
|
(59)
|
(55)
|
(49)
|
(48)
|
(46)
|
(46)
|
(42)
|
(46)
|
(48)
|
(49)
|
(46)
|
(50)
|
(52)
|
(53)
|
(54)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(4)
|
(4)
|
0
|
0
|
0
|
10
|
10
|
10
|
10
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(5)
|
1
|
1
|
4
|
6
|
5
|
(0)
|
(1)
|
(3)
|
(6)
|
(0)
|
|
Operating Income |
66
N/A
|
70
+6%
|
76
+8%
|
81
+6%
|
86
+6%
|
94
+9%
|
97
+4%
|
104
+8%
|
108
+3%
|
115
+7%
|
121
+6%
|
120
-1%
|
121
+1%
|
112
-7%
|
110
-2%
|
111
+1%
|
109
-1%
|
111
+1%
|
108
-3%
|
106
-2%
|
116
+9%
|
117
+1%
|
119
+2%
|
116
-3%
|
95
-18%
|
89
-6%
|
72
-18%
|
64
-12%
|
45
-30%
|
23
-49%
|
14
-38%
|
8
-44%
|
(3)
N/A
|
0
N/A
|
(1)
N/A
|
(0)
+82%
|
(21)
-11 668%
|
(4)
+79%
|
2
N/A
|
4
+96%
|
32
+636%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(6)
|
(4)
|
(6)
|
(6)
|
(7)
|
(5)
|
(5)
|
(5)
|
(4)
|
(7)
|
(4)
|
(2)
|
(1)
|
(1)
|
(4)
|
(6)
|
(7)
|
(8)
|
(2)
|
0
|
1
|
4
|
1
|
2
|
(4)
|
1
|
(1)
|
(6)
|
(5)
|
(4)
|
(3)
|
(3)
|
(0)
|
(3)
|
(3)
|
(3)
|
(0)
|
(3)
|
(4)
|
(4)
|
(8)
|
|
Non-Reccuring Items |
1
|
1
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(4)
|
(4)
|
(2)
|
24
|
27
|
27
|
27
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(4)
|
(4)
|
(3)
|
(3)
|
(7)
|
(25)
|
(25)
|
(25)
|
(20)
|
5
|
(2)
|
(1)
|
(1)
|
3
|
(4)
|
(4)
|
(5)
|
(3)
|
|
Total Other Income |
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
61
N/A
|
66
+9%
|
70
+5%
|
74
+6%
|
77
+4%
|
87
+13%
|
90
+3%
|
97
+8%
|
100
+3%
|
105
+5%
|
113
+7%
|
113
+0%
|
117
+4%
|
135
+15%
|
132
-2%
|
130
-1%
|
127
-2%
|
101
-21%
|
104
+3%
|
104
0%
|
114
+10%
|
118
+3%
|
116
-2%
|
112
-3%
|
85
-24%
|
85
0%
|
67
-21%
|
50
-26%
|
14
-71%
|
(6)
N/A
|
(15)
-136%
|
(16)
-6%
|
2
N/A
|
(5)
N/A
|
(5)
-8%
|
(4)
+24%
|
(19)
-377%
|
(12)
+38%
|
(7)
+43%
|
(4)
+33%
|
21
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(15)
|
(17)
|
(18)
|
(19)
|
(21)
|
(23)
|
(24)
|
(25)
|
(21)
|
(21)
|
(23)
|
(23)
|
(29)
|
(30)
|
(29)
|
(28)
|
(18)
|
(14)
|
(13)
|
(13)
|
(25)
|
(26)
|
(25)
|
(24)
|
(18)
|
(18)
|
(16)
|
(14)
|
(11)
|
(7)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(8)
|
(7)
|
(12)
|
|
Income from Continuing Operations |
46
|
50
|
52
|
56
|
57
|
64
|
66
|
72
|
79
|
84
|
90
|
90
|
89
|
105
|
102
|
102
|
110
|
87
|
91
|
92
|
89
|
92
|
90
|
88
|
67
|
67
|
51
|
36
|
3
|
(14)
|
(19)
|
(18)
|
(1)
|
(6)
|
(7)
|
(7)
|
(22)
|
(16)
|
(14)
|
(11)
|
9
|
|
Net Income (Common) |
46
N/A
|
50
+9%
|
52
+5%
|
56
+7%
|
57
+2%
|
64
+13%
|
66
+4%
|
72
+8%
|
79
+11%
|
84
+5%
|
90
+7%
|
90
+0%
|
89
-2%
|
105
+18%
|
102
-2%
|
102
-1%
|
110
+8%
|
87
-20%
|
91
+4%
|
92
+1%
|
89
-3%
|
92
+3%
|
90
-2%
|
88
-3%
|
67
-23%
|
67
-1%
|
51
-23%
|
36
-31%
|
3
-91%
|
(14)
N/A
|
(19)
-37%
|
(18)
+2%
|
(1)
+95%
|
(6)
-541%
|
(7)
-8%
|
(7)
+2%
|
(22)
-225%
|
(16)
+27%
|
(14)
+9%
|
(11)
+22%
|
9
N/A
|
|
EPS (Diluted) |
0.78
N/A
|
0.85
+9%
|
0.89
+5%
|
0.95
+7%
|
0.97
+2%
|
1.09
+12%
|
1.14
+5%
|
1.24
+9%
|
1.36
+10%
|
1.44
+6%
|
1.54
+7%
|
1.54
N/A
|
1.52
-1%
|
1.79
+18%
|
1.75
-2%
|
1.74
-1%
|
1.88
+8%
|
1.5
-20%
|
1.56
+4%
|
1.57
+1%
|
1.53
-3%
|
1.58
+3%
|
1.55
-2%
|
1.5
-3%
|
1.16
-23%
|
1.14
-2%
|
0.87
-24%
|
0.6
-31%
|
0.06
-90%
|
-0.25
N/A
|
-0.33
-32%
|
-0.32
+3%
|
-0.02
+94%
|
-0.11
-450%
|
-0.12
-9%
|
-0.12
N/A
|
-0.38
-217%
|
-0.27
+29%
|
-0.25
+7%
|
-0.19
+24%
|
0.16
N/A
|