MTY Food Group Inc
TSX:MTY
Income Statement
Earnings Waterfall
MTY Food Group Inc
Revenue
|
1.2B
CAD
|
Cost of Revenue
|
-443m
CAD
|
Gross Profit
|
719m
CAD
|
Operating Expenses
|
-541.6m
CAD
|
Operating Income
|
177.5m
CAD
|
Other Expenses
|
-74.5m
CAD
|
Net Income
|
103m
CAD
|
Income Statement
MTY Food Group Inc
Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Feb-2016 | May-2016 | Aug-2016 | Nov-2016 | Feb-2017 | May-2017 | Aug-2017 | Nov-2017 | Feb-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Feb-2021 | May-2021 | Aug-2021 | Nov-2021 | Feb-2022 | May-2022 | Aug-2022 | Nov-2022 | Feb-2023 | May-2023 | Aug-2023 | Nov-2023 | Feb-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
104
N/A
|
108
+4%
|
114
+5%
|
115
+1%
|
122
+6%
|
131
+7%
|
136
+4%
|
145
+7%
|
148
+2%
|
145
-2%
|
163
+12%
|
191
+17%
|
220
+15%
|
255
+16%
|
274
+8%
|
276
+1%
|
288
+4%
|
325
+13%
|
366
+12%
|
412
+13%
|
444
+8%
|
462
+4%
|
511
+10%
|
551
+8%
|
588
+7%
|
560
-5%
|
534
-5%
|
511
-4%
|
479
-6%
|
517
+8%
|
533
+3%
|
552
+4%
|
573
+4%
|
600
+5%
|
621
+3%
|
717
+15%
|
862
+20%
|
1 005
+17%
|
1 131
+13%
|
1 169
+3%
|
1 162
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(36)
|
(37)
|
(42)
|
(43)
|
(45)
|
(49)
|
(47)
|
(51)
|
(52)
|
(49)
|
(53)
|
(57)
|
(68)
|
(75)
|
(79)
|
(77)
|
(86)
|
(108)
|
(132)
|
(173)
|
(193)
|
(208)
|
(238)
|
(246)
|
(259)
|
(250)
|
(236)
|
(226)
|
(218)
|
(232)
|
(241)
|
(253)
|
(265)
|
(279)
|
(291)
|
(326)
|
(368)
|
(407)
|
(441)
|
(447)
|
(443)
|
|
Gross Profit |
68
N/A
|
71
+5%
|
72
+1%
|
72
+1%
|
77
+6%
|
82
+7%
|
88
+8%
|
95
+7%
|
96
+2%
|
96
0%
|
110
+15%
|
134
+21%
|
153
+14%
|
180
+18%
|
195
+8%
|
199
+2%
|
202
+1%
|
217
+7%
|
234
+8%
|
239
+2%
|
251
+5%
|
255
+1%
|
273
+7%
|
305
+12%
|
329
+8%
|
310
-6%
|
298
-4%
|
285
-4%
|
261
-8%
|
285
+9%
|
292
+2%
|
299
+2%
|
308
+3%
|
321
+4%
|
330
+3%
|
391
+18%
|
494
+26%
|
598
+21%
|
690
+16%
|
722
+5%
|
719
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(34)
|
(36)
|
(37)
|
(37)
|
(40)
|
(44)
|
(48)
|
(52)
|
(52)
|
(52)
|
(63)
|
(81)
|
(96)
|
(116)
|
(130)
|
(128)
|
(128)
|
(134)
|
(142)
|
(142)
|
(152)
|
(150)
|
(167)
|
(191)
|
(206)
|
(211)
|
(204)
|
(202)
|
(190)
|
(185)
|
(183)
|
(180)
|
(183)
|
(190)
|
(199)
|
(260)
|
(347)
|
(437)
|
(518)
|
(541)
|
(542)
|
|
Selling, General & Administrative |
(28)
|
(29)
|
(30)
|
(30)
|
(33)
|
(36)
|
(40)
|
(44)
|
(44)
|
(44)
|
(54)
|
(68)
|
(82)
|
(98)
|
(105)
|
(105)
|
(105)
|
(111)
|
(115)
|
(114)
|
(118)
|
(120)
|
(135)
|
(158)
|
(169)
|
(169)
|
(158)
|
(155)
|
(141)
|
(139)
|
(137)
|
(135)
|
(139)
|
(146)
|
(155)
|
(209)
|
(285)
|
(361)
|
(430)
|
(452)
|
(452)
|
|
Depreciation & Amortization |
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(13)
|
(17)
|
(22)
|
(25)
|
(23)
|
(22)
|
(23)
|
(24)
|
(28)
|
(29)
|
(30)
|
(31)
|
(33)
|
(37)
|
(42)
|
(45)
|
(48)
|
(48)
|
(46)
|
(46)
|
(45)
|
(44)
|
(44)
|
(44)
|
(51)
|
(62)
|
(76)
|
(88)
|
(89)
|
(90)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
0
|
0
|
0
|
0
|
(3)
|
0
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
34
N/A
|
36
+4%
|
35
-2%
|
36
+3%
|
37
+2%
|
38
+4%
|
41
+7%
|
42
+4%
|
44
+4%
|
44
-1%
|
48
+9%
|
53
+12%
|
56
+6%
|
64
+13%
|
65
+1%
|
71
+9%
|
74
+4%
|
83
+12%
|
92
+11%
|
97
+5%
|
99
+2%
|
105
+5%
|
106
+2%
|
114
+8%
|
123
+8%
|
99
-20%
|
94
-4%
|
82
-13%
|
72
-13%
|
100
+39%
|
109
+9%
|
119
+9%
|
125
+5%
|
131
+5%
|
131
0%
|
131
+0%
|
147
+12%
|
160
+9%
|
173
+8%
|
181
+5%
|
177
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
9
|
8
|
2
|
6
|
(4)
|
(8)
|
(3)
|
(10)
|
(13)
|
(13)
|
(12)
|
(10)
|
(12)
|
(15)
|
(19)
|
(21)
|
(17)
|
(17)
|
(15)
|
(12)
|
(16)
|
(10)
|
(10)
|
(10)
|
(13)
|
(21)
|
(37)
|
(53)
|
(53)
|
(61)
|
(56)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(3)
|
0
|
(6)
|
0
|
(5)
|
(5)
|
(3)
|
(3)
|
(121)
|
(120)
|
(120)
|
(118)
|
(2)
|
(2)
|
(0)
|
(2)
|
0
|
(1)
|
(14)
|
(15)
|
(15)
|
(15)
|
(8)
|
(11)
|
|
Gain/Loss on Disposition of Assets |
0
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
3
|
3
|
2
|
2
|
2
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
0
|
1
|
(1)
|
(0)
|
1
|
1
|
4
|
3
|
3
|
3
|
0
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
|
Total Other Income |
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(8)
|
(8)
|
(8)
|
(8)
|
6
|
6
|
6
|
6
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
3
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
35
N/A
|
36
+4%
|
36
+1%
|
35
-5%
|
36
+3%
|
37
+5%
|
39
+5%
|
36
-9%
|
38
+7%
|
38
-1%
|
54
+42%
|
69
+27%
|
66
-4%
|
77
+17%
|
69
-11%
|
63
-8%
|
72
+15%
|
71
-2%
|
80
+14%
|
80
0%
|
88
+10%
|
91
+4%
|
91
+0%
|
98
+7%
|
103
+5%
|
(40)
N/A
|
(39)
+1%
|
(52)
-32%
|
(59)
-13%
|
88
N/A
|
91
+4%
|
112
+23%
|
116
+4%
|
124
+7%
|
120
-3%
|
96
-20%
|
94
-2%
|
92
-2%
|
105
+14%
|
110
+5%
|
111
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(9)
|
(10)
|
(9)
|
(9)
|
(9)
|
(10)
|
(11)
|
(10)
|
(10)
|
(10)
|
(12)
|
(14)
|
(11)
|
(14)
|
(17)
|
(13)
|
(16)
|
(16)
|
(15)
|
(19)
|
(20)
|
(19)
|
(19)
|
(21)
|
(22)
|
3
|
2
|
15
|
16
|
(8)
|
(10)
|
(26)
|
(27)
|
(29)
|
(27)
|
(21)
|
(17)
|
(14)
|
(10)
|
(5)
|
(7)
|
|
Income from Continuing Operations |
26
|
27
|
27
|
25
|
26
|
28
|
29
|
26
|
28
|
28
|
43
|
55
|
55
|
63
|
52
|
50
|
56
|
55
|
65
|
61
|
68
|
72
|
73
|
77
|
81
|
(37)
|
(37)
|
(37)
|
(43)
|
80
|
81
|
86
|
89
|
95
|
93
|
75
|
77
|
79
|
95
|
105
|
103
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(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) |
26
N/A
|
27
+4%
|
27
+2%
|
25
-6%
|
26
+3%
|
27
+5%
|
28
+4%
|
26
-8%
|
28
+7%
|
28
-1%
|
42
+53%
|
54
+30%
|
55
+0%
|
62
+14%
|
52
-17%
|
50
-4%
|
92
+85%
|
92
+0%
|
102
+11%
|
96
-6%
|
66
-31%
|
69
+5%
|
70
+1%
|
78
+11%
|
82
+5%
|
(37)
N/A
|
(37)
N/A
|
(37)
-2%
|
(43)
-15%
|
79
N/A
|
81
+2%
|
86
+6%
|
89
+4%
|
94
+6%
|
93
-2%
|
75
-19%
|
77
+2%
|
78
+2%
|
95
+21%
|
104
+10%
|
103
-1%
|
|
EPS (Diluted) |
1.34
N/A
|
1.39
+4%
|
1.41
+1%
|
1.33
-6%
|
1.37
+3%
|
1.43
+4%
|
1.49
+4%
|
1.36
-9%
|
1.44
+6%
|
1.44
N/A
|
2.18
+51%
|
2.73
+25%
|
2.55
-7%
|
2.91
+14%
|
2.41
-17%
|
2.32
-4%
|
4.28
+84%
|
3.64
-15%
|
4.04
+11%
|
3.94
-2%
|
2.62
-34%
|
2.75
+5%
|
2.78
+1%
|
3.08
+11%
|
3.28
+6%
|
-1.47
N/A
|
-1.47
N/A
|
-1.5
-2%
|
-1.73
-15%
|
3.21
N/A
|
3.26
+2%
|
3.46
+6%
|
3.62
+5%
|
3.86
+7%
|
3.77
-2%
|
3.06
-19%
|
3.13
+2%
|
3.2
+2%
|
3.87
+21%
|
4.25
+10%
|
4.21
-1%
|