Melcor Developments Ltd
TSX:MRD
Income Statement
Earnings Waterfall
Melcor Developments Ltd
Revenue
|
315.2m
CAD
|
Cost of Revenue
|
-172.9m
CAD
|
Gross Profit
|
142.4m
CAD
|
Operating Expenses
|
-29.2m
CAD
|
Operating Income
|
113.2m
CAD
|
Other Expenses
|
-50.2m
CAD
|
Net Income
|
63m
CAD
|
Income Statement
Melcor Developments 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 |
304
N/A
|
294
-3%
|
310
+5%
|
344
+11%
|
313
-9%
|
319
+2%
|
299
-6%
|
293
-2%
|
263
-10%
|
256
-3%
|
252
-2%
|
228
-10%
|
243
+6%
|
251
+3%
|
255
+2%
|
255
0%
|
258
+1%
|
264
+2%
|
260
-2%
|
257
-1%
|
267
+4%
|
258
-4%
|
256
-1%
|
250
-2%
|
208
-17%
|
207
-1%
|
205
-1%
|
224
+9%
|
227
+1%
|
236
+4%
|
263
+11%
|
246
-6%
|
316
+28%
|
326
+3%
|
311
-4%
|
316
+2%
|
242
-24%
|
225
-7%
|
239
+6%
|
266
+12%
|
315
+18%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(170)
|
(163)
|
(170)
|
(187)
|
(163)
|
(167)
|
(158)
|
(161)
|
(143)
|
(138)
|
(134)
|
(117)
|
(134)
|
(139)
|
(142)
|
(143)
|
(141)
|
(143)
|
(140)
|
(137)
|
(142)
|
(137)
|
(134)
|
(132)
|
(111)
|
(112)
|
(112)
|
(128)
|
(129)
|
(133)
|
(149)
|
(132)
|
(176)
|
(183)
|
(173)
|
(174)
|
(124)
|
(113)
|
(119)
|
(137)
|
(173)
|
|
Gross Profit |
134
N/A
|
131
-2%
|
139
+7%
|
156
+12%
|
150
-4%
|
152
+1%
|
141
-7%
|
132
-6%
|
121
-9%
|
119
-1%
|
118
-1%
|
111
-6%
|
108
-3%
|
111
+3%
|
113
+1%
|
112
-1%
|
117
+4%
|
121
+4%
|
120
-1%
|
120
+0%
|
125
+4%
|
121
-3%
|
122
+1%
|
118
-4%
|
97
-18%
|
95
-2%
|
93
-3%
|
96
+3%
|
98
+3%
|
104
+5%
|
114
+10%
|
115
+0%
|
140
+22%
|
143
+2%
|
139
-3%
|
142
+2%
|
118
-17%
|
111
-6%
|
119
+7%
|
130
+9%
|
142
+10%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(46)
|
(49)
|
(37)
|
(30)
|
(25)
|
(13)
|
(15)
|
(9)
|
(8)
|
(26)
|
(30)
|
(40)
|
(44)
|
(35)
|
(35)
|
(34)
|
(35)
|
(29)
|
(27)
|
(26)
|
(20)
|
(25)
|
(24)
|
(26)
|
(40)
|
100
|
81
|
84
|
(24)
|
(44)
|
(24)
|
(25)
|
(28)
|
(29)
|
(30)
|
(31)
|
(29)
|
(29)
|
(29)
|
(28)
|
(29)
|
|
Selling, General & Administrative |
(28)
|
(28)
|
(28)
|
(25)
|
(25)
|
(25)
|
(24)
|
(23)
|
(24)
|
(24)
|
(22)
|
(22)
|
(21)
|
(22)
|
(23)
|
(24)
|
(25)
|
(25)
|
(25)
|
(25)
|
(23)
|
(23)
|
(23)
|
(22)
|
(22)
|
(22)
|
(21)
|
(20)
|
(18)
|
(18)
|
(19)
|
(19)
|
(22)
|
(23)
|
(24)
|
(25)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Other Operating Expenses |
(18)
|
(21)
|
(9)
|
(6)
|
0
|
12
|
9
|
14
|
15
|
(3)
|
(7)
|
(18)
|
(23)
|
(13)
|
(12)
|
(10)
|
(9)
|
(4)
|
(2)
|
(1)
|
3
|
(2)
|
(1)
|
(4)
|
(18)
|
121
|
102
|
104
|
(6)
|
(26)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
|
Operating Income |
88
N/A
|
82
-6%
|
102
+24%
|
126
+23%
|
126
0%
|
138
+10%
|
126
-9%
|
123
-2%
|
112
-9%
|
93
-17%
|
89
-5%
|
72
-19%
|
65
-9%
|
76
+18%
|
78
+3%
|
78
0%
|
82
+5%
|
92
+12%
|
93
+1%
|
94
+1%
|
105
+12%
|
96
-9%
|
98
+3%
|
91
-7%
|
57
-38%
|
195
+243%
|
174
-11%
|
180
+4%
|
74
-59%
|
60
-20%
|
91
+52%
|
90
-1%
|
112
+25%
|
114
+1%
|
109
-4%
|
111
+1%
|
89
-19%
|
82
-8%
|
90
+9%
|
102
+13%
|
113
+12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
32
|
31
|
25
|
7
|
(3)
|
(8)
|
(6)
|
(4)
|
(12)
|
(15)
|
(20)
|
(9)
|
(8)
|
(21)
|
(21)
|
(31)
|
(28)
|
(14)
|
(18)
|
(19)
|
(19)
|
(26)
|
(27)
|
(24)
|
(19)
|
(88)
|
(138)
|
(145)
|
(64)
|
(125)
|
(76)
|
(66)
|
(39)
|
(18)
|
3
|
9
|
30
|
27
|
16
|
12
|
(44)
|
|
Non-Reccuring Items |
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
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
7
|
|
Pre-Tax Income |
120
N/A
|
113
-6%
|
127
+13%
|
133
+4%
|
123
-7%
|
130
+6%
|
120
-8%
|
119
-1%
|
101
-16%
|
78
-23%
|
69
-11%
|
63
-9%
|
57
-9%
|
55
-3%
|
57
+4%
|
47
-18%
|
54
+14%
|
78
+45%
|
75
-4%
|
75
+0%
|
83
+11%
|
70
-16%
|
72
+2%
|
67
-6%
|
43
-37%
|
107
+151%
|
36
-67%
|
35
-1%
|
13
-63%
|
(66)
N/A
|
14
N/A
|
24
+69%
|
79
+233%
|
96
+21%
|
112
+17%
|
119
+7%
|
112
-6%
|
109
-3%
|
106
-3%
|
114
+7%
|
76
-33%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(21)
|
(20)
|
(27)
|
(28)
|
(22)
|
(22)
|
(25)
|
(26)
|
(25)
|
(24)
|
(17)
|
(20)
|
(23)
|
(22)
|
(22)
|
(17)
|
(15)
|
(16)
|
(15)
|
(15)
|
(19)
|
(19)
|
(19)
|
(10)
|
(5)
|
(4)
|
1
|
(7)
|
(2)
|
(4)
|
(12)
|
(12)
|
(23)
|
(23)
|
(22)
|
(22)
|
(23)
|
(20)
|
(21)
|
(24)
|
(13)
|
|
Income from Continuing Operations |
99
|
93
|
100
|
105
|
101
|
109
|
95
|
93
|
76
|
54
|
52
|
43
|
34
|
33
|
35
|
31
|
39
|
62
|
60
|
60
|
64
|
51
|
53
|
57
|
38
|
103
|
37
|
28
|
12
|
(69)
|
2
|
12
|
56
|
73
|
90
|
97
|
89
|
89
|
85
|
90
|
63
|
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
99
N/A
|
93
-6%
|
100
+8%
|
105
+4%
|
101
-4%
|
109
+8%
|
95
-13%
|
93
-1%
|
76
-19%
|
54
-29%
|
52
-4%
|
43
-16%
|
34
-20%
|
33
-3%
|
35
+6%
|
31
-14%
|
39
+26%
|
62
+61%
|
60
-4%
|
60
N/A
|
64
+8%
|
51
-20%
|
53
+3%
|
57
+9%
|
38
-34%
|
103
+172%
|
37
-64%
|
28
-23%
|
12
-60%
|
(69)
N/A
|
2
N/A
|
12
+379%
|
56
+390%
|
73
+29%
|
90
+23%
|
97
+8%
|
89
-8%
|
89
0%
|
85
-5%
|
90
+6%
|
63
-30%
|
|
EPS (Diluted) |
2.68
N/A
|
2.97
+11%
|
3.13
+5%
|
3.31
+6%
|
3.02
-9%
|
3.27
+8%
|
2.78
-15%
|
2.78
N/A
|
2.29
-18%
|
1.6
-30%
|
1.44
-10%
|
1.29
-10%
|
1.04
-19%
|
1
-4%
|
1.07
+7%
|
0.93
-13%
|
1.15
+24%
|
1.87
+63%
|
1.83
-2%
|
1.79
-2%
|
1.92
+7%
|
1.61
-16%
|
1.51
-6%
|
1.71
+13%
|
1.13
-34%
|
3.09
+173%
|
1.12
-64%
|
0.87
-22%
|
0.34
-61%
|
-2.07
N/A
|
0.08
N/A
|
0.35
+338%
|
1.7
+386%
|
2.06
+21%
|
2.73
+33%
|
2.97
+9%
|
2.74
-8%
|
2.89
+5%
|
2.7
-7%
|
2.92
+8%
|
2.03
-30%
|