Stingray Group Inc
TSX:RAY.A
Income Statement
Earnings Waterfall
Stingray Group Inc
Revenue
|
340.7m
CAD
|
Operating Expenses
|
-251m
CAD
|
Operating Income
|
89.7m
CAD
|
Other Expenses
|
-52.7m
CAD
|
Net Income
|
37m
CAD
|
Income Statement
Stingray Group Inc
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 |
56
N/A
|
60
+7%
|
64
+8%
|
90
+40%
|
95
+5%
|
98
+3%
|
101
+3%
|
102
+1%
|
106
+5%
|
113
+7%
|
122
+8%
|
130
+6%
|
135
+4%
|
138
+2%
|
174
+26%
|
213
+22%
|
259
+22%
|
301
+16%
|
311
+4%
|
307
-1%
|
279
-9%
|
266
-4%
|
258
-3%
|
250
-3%
|
262
+5%
|
269
+3%
|
273
+1%
|
283
+4%
|
296
+5%
|
302
+2%
|
315
+4%
|
324
+3%
|
325
+0%
|
330
+1%
|
341
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(18)
|
(21)
|
(22)
|
(31)
|
(33)
|
(34)
|
(35)
|
(35)
|
(37)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gross Profit |
37
N/A
|
39
+5%
|
42
+8%
|
59
+40%
|
62
+5%
|
64
+4%
|
66
+2%
|
66
+1%
|
69
+5%
|
0
N/A
|
0
N/A
|
0
N/A
|
21
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||
Operating Expenses |
(35)
|
(37)
|
(40)
|
(53)
|
(50)
|
(53)
|
(54)
|
(58)
|
(63)
|
(111)
|
(120)
|
(116)
|
(118)
|
(129)
|
(173)
|
(200)
|
(231)
|
(259)
|
(242)
|
(232)
|
(208)
|
(193)
|
(181)
|
(181)
|
(196)
|
(203)
|
(209)
|
(217)
|
(226)
|
(236)
|
(244)
|
(246)
|
(242)
|
(242)
|
(251)
|
|
Selling, General & Administrative |
(13)
|
(14)
|
(17)
|
(24)
|
(26)
|
(28)
|
(29)
|
(31)
|
(34)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Research & Development |
(5)
|
(5)
|
(5)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(10)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(12)
|
(12)
|
(12)
|
(15)
|
(15)
|
(16)
|
(16)
|
(17)
|
(19)
|
(19)
|
(20)
|
(21)
|
(22)
|
(23)
|
(27)
|
(31)
|
(36)
|
(39)
|
(40)
|
(40)
|
(39)
|
(38)
|
(38)
|
(38)
|
(38)
|
(37)
|
(35)
|
(35)
|
(34)
|
(34)
|
(33)
|
(32)
|
(32)
|
(31)
|
(31)
|
|
Other Operating Expenses |
(6)
|
(6)
|
(6)
|
(6)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(92)
|
(99)
|
(95)
|
(84)
|
(106)
|
(146)
|
(169)
|
(195)
|
(220)
|
(202)
|
(192)
|
(169)
|
(155)
|
(143)
|
(143)
|
(158)
|
(166)
|
(173)
|
(182)
|
(192)
|
(202)
|
(211)
|
(213)
|
(210)
|
(211)
|
(220)
|
|
Operating Income |
2
N/A
|
2
-7%
|
2
+26%
|
6
+148%
|
12
+93%
|
11
-4%
|
11
+2%
|
9
-26%
|
6
-25%
|
2
-67%
|
3
+36%
|
14
+390%
|
4
-69%
|
9
+113%
|
2
-83%
|
13
+705%
|
28
+118%
|
42
+49%
|
69
+67%
|
75
+8%
|
70
-6%
|
73
+4%
|
77
+5%
|
69
-10%
|
66
-4%
|
67
+1%
|
64
-4%
|
65
+2%
|
70
+7%
|
66
-6%
|
71
+9%
|
78
+10%
|
83
+6%
|
88
+6%
|
90
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
8
|
10
|
8
|
8
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(3)
|
(1)
|
(0)
|
0
|
(5)
|
(14)
|
(21)
|
(25)
|
(10)
|
(32)
|
(30)
|
(26)
|
(38)
|
1
|
2
|
(1)
|
(2)
|
(12)
|
(10)
|
(15)
|
(18)
|
(24)
|
(26)
|
(22)
|
(31)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(11)
|
0
|
0
|
(12)
|
(13)
|
(11)
|
(14)
|
(22)
|
(24)
|
(22)
|
(20)
|
(3)
|
(5)
|
(6)
|
(7)
|
(6)
|
(9)
|
(9)
|
(10)
|
(11)
|
(13)
|
(8)
|
(8)
|
(7)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
|
Pre-Tax Income |
0
N/A
|
10
+9 540%
|
12
+28%
|
14
+15%
|
20
+39%
|
10
-48%
|
10
-7%
|
7
-26%
|
5
-24%
|
(1)
N/A
|
(3)
-217%
|
2
N/A
|
3
+47%
|
9
+168%
|
(17)
N/A
|
(15)
+9%
|
(6)
+58%
|
(0)
+99%
|
34
N/A
|
16
-54%
|
14
-8%
|
23
+62%
|
32
+39%
|
61
+89%
|
58
-6%
|
56
-3%
|
54
-4%
|
42
-21%
|
49
+15%
|
38
-23%
|
39
+3%
|
40
+1%
|
47
+18%
|
56
+19%
|
50
-10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||
Tax Provision |
2
|
(1)
|
(2)
|
(0)
|
(2)
|
(0)
|
(0)
|
4
|
4
|
5
|
5
|
0
|
(0)
|
(2)
|
5
|
3
|
2
|
0
|
(8)
|
(2)
|
(3)
|
(5)
|
(8)
|
(16)
|
(15)
|
(14)
|
(13)
|
(9)
|
(10)
|
(8)
|
(9)
|
(10)
|
(12)
|
(15)
|
(13)
|
|
Income from Continuing Operations |
2
|
9
|
11
|
14
|
18
|
10
|
9
|
11
|
9
|
4
|
2
|
2
|
3
|
8
|
(11)
|
(12)
|
(4)
|
0
|
26
|
14
|
12
|
19
|
25
|
45
|
42
|
42
|
41
|
33
|
39
|
30
|
30
|
30
|
35
|
41
|
37
|
|
Net Income (Common) |
2
N/A
|
9
+374%
|
11
+19%
|
14
+31%
|
18
+27%
|
10
-44%
|
9
-5%
|
11
+14%
|
9
-16%
|
4
-54%
|
2
-46%
|
2
+3%
|
3
+46%
|
8
+124%
|
(11)
N/A
|
(12)
-7%
|
(4)
+65%
|
0
N/A
|
26
+10 456%
|
14
-47%
|
12
-16%
|
19
+57%
|
25
+33%
|
45
+84%
|
42
-6%
|
42
+0%
|
41
-4%
|
33
-19%
|
39
+16%
|
30
-23%
|
30
+1%
|
30
0%
|
35
+16%
|
41
+17%
|
37
-9%
|
|
EPS (Diluted) |
0.05
N/A
|
0.17
+240%
|
0.19
+12%
|
0.29
+53%
|
0.34
+17%
|
0.19
-44%
|
0.18
-5%
|
0.21
+17%
|
0.18
-14%
|
0.09
-50%
|
0.05
-44%
|
0.04
-20%
|
0.05
+25%
|
0.12
+140%
|
-0.15
N/A
|
-0.19
-27%
|
-0.05
+74%
|
0
N/A
|
0.35
N/A
|
0.18
-49%
|
0.17
-6%
|
0.26
+53%
|
0.34
+31%
|
0.61
+79%
|
0.58
-5%
|
0.59
+2%
|
0.58
-2%
|
0.47
-19%
|
0.54
+15%
|
0.42
-22%
|
0.43
+2%
|
0.43
N/A
|
0.5
+16%
|
0.59
+18%
|
0.53
-10%
|