Polaris Infrastructure Inc
TSX:PIF
Income Statement
Earnings Waterfall
Polaris Infrastructure Inc
Revenue
|
79m
USD
|
Cost of Revenue
|
-40.4m
USD
|
Gross Profit
|
38.7m
USD
|
Operating Expenses
|
-6.9m
USD
|
Operating Income
|
31.8m
USD
|
Other Expenses
|
-20.4m
USD
|
Net Income
|
11.4m
USD
|
Income Statement
Polaris Infrastructure Inc
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 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
45
N/A
|
44
-3%
|
45
+4%
|
48
+7%
|
50
+3%
|
51
+2%
|
51
+0%
|
50
-1%
|
50
+0%
|
50
-1%
|
51
+3%
|
55
+7%
|
55
+1%
|
59
+7%
|
60
+2%
|
60
0%
|
61
+2%
|
63
+3%
|
66
+5%
|
69
+4%
|
73
+6%
|
72
-1%
|
72
-1%
|
71
-1%
|
73
+2%
|
75
+2%
|
74
-1%
|
75
+1%
|
70
-6%
|
81
+16%
|
79
-3%
|
60
-24%
|
76
+27%
|
61
-19%
|
61
0%
|
63
+3%
|
67
+6%
|
72
+8%
|
77
+6%
|
79
+2%
|
79
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(25)
|
(26)
|
(26)
|
(7)
|
(26)
|
(27)
|
(26)
|
(33)
|
(32)
|
(31)
|
(29)
|
(28)
|
(28)
|
(27)
|
(28)
|
(28)
|
(28)
|
(29)
|
(29)
|
(30)
|
(31)
|
(31)
|
(31)
|
(31)
|
(32)
|
(33)
|
(35)
|
(36)
|
(30)
|
(38)
|
(38)
|
(35)
|
(43)
|
(34)
|
(34)
|
(36)
|
(37)
|
(39)
|
(40)
|
(40)
|
(40)
|
|
Gross Profit |
20
N/A
|
18
-11%
|
19
+6%
|
42
+119%
|
23
-44%
|
24
+4%
|
25
+1%
|
17
-29%
|
18
+5%
|
18
+1%
|
22
+17%
|
26
+21%
|
28
+5%
|
32
+16%
|
32
+1%
|
32
-1%
|
33
+4%
|
35
+4%
|
37
+7%
|
39
+5%
|
42
+9%
|
42
-1%
|
41
-2%
|
40
-1%
|
41
+2%
|
41
+1%
|
39
-5%
|
39
-1%
|
40
+4%
|
43
+6%
|
41
-4%
|
25
-40%
|
32
+32%
|
27
-18%
|
26
-2%
|
27
+2%
|
29
+9%
|
34
+15%
|
37
+10%
|
38
+4%
|
39
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(14)
|
(14)
|
(13)
|
(34)
|
(39)
|
(34)
|
(33)
|
(6)
|
(46)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(5)
|
(6)
|
(7)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(14)
|
(17)
|
(18)
|
(9)
|
(11)
|
(8)
|
(10)
|
(9)
|
(10)
|
(10)
|
(13)
|
(10)
|
(7)
|
|
Selling, General & Administrative |
(9)
|
(8)
|
(7)
|
(8)
|
(6)
|
(7)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(5)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(10)
|
(10)
|
(8)
|
(10)
|
(8)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
|
Depreciation & Amortization |
(6)
|
(6)
|
(6)
|
(26)
|
(26)
|
(26)
|
(26)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(7)
|
(7)
|
(7)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Other Operating Expenses |
0
|
0
|
(0)
|
(0)
|
(6)
|
(1)
|
(1)
|
(1)
|
(41)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(3)
|
(0)
|
3
|
|
Operating Income |
6
N/A
|
4
-23%
|
6
+39%
|
7
+25%
|
(15)
N/A
|
(9)
+40%
|
(8)
+8%
|
12
N/A
|
(28)
N/A
|
14
N/A
|
18
+26%
|
22
+28%
|
24
+6%
|
28
+17%
|
28
+2%
|
27
-2%
|
29
+5%
|
31
+8%
|
34
+9%
|
36
+6%
|
37
+4%
|
35
-5%
|
34
-4%
|
35
+3%
|
36
+3%
|
36
+1%
|
34
-6%
|
32
-4%
|
26
-19%
|
26
-1%
|
24
-9%
|
16
-32%
|
22
+37%
|
18
-16%
|
17
-9%
|
18
+6%
|
20
+12%
|
23
+19%
|
24
+2%
|
28
+18%
|
32
+13%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(17)
|
(23)
|
(19)
|
(19)
|
(19)
|
(12)
|
(11)
|
(11)
|
(6)
|
(9)
|
(11)
|
(19)
|
(19)
|
(19)
|
(17)
|
(17)
|
(17)
|
(16)
|
(16)
|
(15)
|
(16)
|
(16)
|
(16)
|
(14)
|
(13)
|
(17)
|
(18)
|
(23)
|
(25)
|
(24)
|
(22)
|
(13)
|
(16)
|
(14)
|
(14)
|
(12)
|
(11)
|
(10)
|
(13)
|
(19)
|
(22)
|
|
Non-Reccuring Items |
(20)
|
(2)
|
(2)
|
0
|
0
|
(15)
|
(46)
|
(40)
|
0
|
(30)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(0)
|
(12)
|
(12)
|
(12)
|
(12)
|
(0)
|
(0)
|
30
|
32
|
32
|
32
|
1
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
2
|
3
|
3
|
3
|
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 |
(2)
|
(3)
|
2
|
(3)
|
19
|
20
|
19
|
(2)
|
(11)
|
(9)
|
(10)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
5
|
5
|
6
|
6
|
2
|
1
|
1
|
1
|
(1)
|
(1)
|
(0)
|
1
|
0
|
0
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
|
Pre-Tax Income |
(34)
N/A
|
(24)
+31%
|
(13)
+43%
|
(12)
+10%
|
(13)
-8%
|
(14)
-9%
|
(44)
-211%
|
(42)
+5%
|
(45)
-7%
|
(35)
+22%
|
(3)
+91%
|
3
N/A
|
5
+38%
|
8
+84%
|
11
+30%
|
10
-8%
|
12
+16%
|
14
+24%
|
17
+21%
|
24
+41%
|
27
+9%
|
14
-48%
|
12
-9%
|
10
-19%
|
12
+18%
|
19
+63%
|
17
-14%
|
39
+134%
|
33
-16%
|
33
+2%
|
35
+4%
|
4
-87%
|
5
+3%
|
2
-59%
|
(2)
N/A
|
1
N/A
|
4
+300%
|
8
+99%
|
9
+19%
|
6
-31%
|
7
+8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(14)
|
(14)
|
(14)
|
(12)
|
(12)
|
(9)
|
(0)
|
4
|
4
|
2
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(6)
|
(6)
|
(6)
|
3
|
2
|
2
|
3
|
(10)
|
(9)
|
(10)
|
(10)
|
(4)
|
(1)
|
0
|
0
|
1
|
1
|
3
|
4
|
5
|
5
|
|
Income from Continuing Operations |
(48)
|
(38)
|
(27)
|
(24)
|
(25)
|
(23)
|
(44)
|
(38)
|
(41)
|
(33)
|
(11)
|
(4)
|
(3)
|
0
|
3
|
2
|
3
|
6
|
9
|
17
|
20
|
8
|
6
|
13
|
14
|
21
|
20
|
29
|
24
|
24
|
25
|
1
|
3
|
2
|
(1)
|
2
|
5
|
11
|
13
|
12
|
11
|
|
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)
|
2
|
2
|
2
|
2
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
(48)
N/A
|
(37)
+23%
|
(27)
+28%
|
(24)
+11%
|
(25)
-4%
|
(23)
+5%
|
(44)
-88%
|
(37)
+15%
|
(40)
-8%
|
(33)
+18%
|
(11)
+68%
|
(4)
+60%
|
(3)
+21%
|
0
N/A
|
3
+1 807%
|
2
-38%
|
3
+101%
|
6
+81%
|
9
+51%
|
17
+88%
|
20
+17%
|
9
-54%
|
8
-13%
|
15
+82%
|
15
+7%
|
21
+38%
|
20
-7%
|
29
+44%
|
24
-18%
|
24
+1%
|
25
+4%
|
1
-98%
|
3
+505%
|
2
-26%
|
(1)
N/A
|
2
N/A
|
5
+87%
|
11
+132%
|
13
+23%
|
12
-12%
|
11
-3%
|
|
EPS (Diluted) |
-253.63
N/A
|
-196
+23%
|
-141.84
+28%
|
-125.68
+11%
|
-130.31
-4%
|
-2.83
+98%
|
-2.83
N/A
|
-3.78
-34%
|
-2.6
+31%
|
-2.11
+19%
|
-0.67
+68%
|
-0.27
+60%
|
-0.21
+22%
|
0.02
N/A
|
0.18
+800%
|
0.11
-39%
|
0.22
+100%
|
0.39
+77%
|
0.58
+49%
|
1.04
+79%
|
1.18
+13%
|
0.62
-47%
|
0.5
-19%
|
0.89
+78%
|
0.94
+6%
|
1.36
+45%
|
1.27
-7%
|
1.7
+34%
|
1.39
-18%
|
1.25
-10%
|
1.26
+1%
|
0.03
-98%
|
0.15
+400%
|
0.11
-27%
|
-0.07
N/A
|
0.12
N/A
|
0.21
+75%
|
0.51
+143%
|
0.63
+24%
|
0.56
-11%
|
0.54
-4%
|