Recipe Unlimited Corp
TSX:RECP
Income Statement
Earnings Waterfall
Recipe Unlimited Corp
Revenue
|
1.2B
CAD
|
Cost of Revenue
|
-520.7m
CAD
|
Gross Profit
|
695.9m
CAD
|
Operating Expenses
|
-590.3m
CAD
|
Operating Income
|
105.6m
CAD
|
Other Expenses
|
-57.5m
CAD
|
Net Income
|
48.1m
CAD
|
Income Statement
Recipe Unlimited Corp
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 | Apr-2018 | Jul-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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||
Revenue |
282
N/A
|
293
+4%
|
304
+4%
|
318
+4%
|
326
+3%
|
335
+3%
|
343
+2%
|
372
+8%
|
463
+25%
|
562
+21%
|
651
+16%
|
725
+11%
|
833
+15%
|
894
+7%
|
1 025
+15%
|
1 147
+12%
|
1 192
+4%
|
1 245
+4%
|
1 247
+0%
|
1 246
0%
|
1 253
+1%
|
1 218
-3%
|
1 046
-14%
|
981
-6%
|
865
-12%
|
789
-9%
|
856
+9%
|
921
+8%
|
1 009
+10%
|
1 088
+8%
|
1 217
+12%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||
Cost of Revenue |
(59)
|
(61)
|
(64)
|
(68)
|
(71)
|
(73)
|
(75)
|
(93)
|
(142)
|
(193)
|
(240)
|
(277)
|
(300)
|
(376)
|
(414)
|
(458)
|
(441)
|
(462)
|
(474)
|
(475)
|
(478)
|
(471)
|
(421)
|
(405)
|
(373)
|
(355)
|
(383)
|
(409)
|
(445)
|
(474)
|
(521)
|
|
Gross Profit |
222
N/A
|
231
+4%
|
240
+4%
|
250
+4%
|
256
+2%
|
262
+2%
|
268
+2%
|
279
+4%
|
321
+15%
|
369
+15%
|
411
+11%
|
449
+9%
|
533
+19%
|
519
-3%
|
612
+18%
|
689
+13%
|
751
+9%
|
783
+4%
|
773
-1%
|
771
0%
|
775
+0%
|
747
-4%
|
626
-16%
|
576
-8%
|
492
-15%
|
434
-12%
|
473
+9%
|
512
+8%
|
565
+10%
|
613
+9%
|
696
+13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||
Operating Expenses |
(167)
|
(172)
|
(175)
|
(180)
|
(175)
|
(177)
|
(179)
|
(187)
|
(217)
|
(254)
|
(292)
|
(318)
|
(393)
|
(379)
|
(466)
|
(541)
|
(604)
|
(637)
|
(626)
|
(631)
|
(633)
|
(632)
|
(544)
|
(496)
|
(434)
|
(369)
|
(392)
|
(421)
|
(473)
|
(513)
|
(590)
|
|
Selling, General & Administrative |
(14)
|
(13)
|
(13)
|
(10)
|
(2)
|
(0)
|
3
|
3
|
(12)
|
(23)
|
(37)
|
(43)
|
(89)
|
(45)
|
(76)
|
(100)
|
(125)
|
(119)
|
(93)
|
(81)
|
(70)
|
(77)
|
(71)
|
(68)
|
(66)
|
(59)
|
(62)
|
(66)
|
(77)
|
(86)
|
(109)
|
|
Research & Development |
(5)
|
(6)
|
(6)
|
(8)
|
(6)
|
(4)
|
(4)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(20)
|
(21)
|
(22)
|
(23)
|
(24)
|
(25)
|
(25)
|
(27)
|
(32)
|
(38)
|
(43)
|
(47)
|
(48)
|
(51)
|
(55)
|
(54)
|
(56)
|
(70)
|
(83)
|
(99)
|
(113)
|
(112)
|
(109)
|
(106)
|
(103)
|
(100)
|
(97)
|
(95)
|
(93)
|
(92)
|
(91)
|
|
Other Operating Expenses |
(129)
|
(132)
|
(135)
|
(138)
|
(142)
|
(148)
|
(153)
|
(161)
|
(174)
|
(193)
|
(212)
|
(228)
|
(256)
|
(283)
|
(336)
|
(387)
|
(422)
|
(448)
|
(449)
|
(452)
|
(451)
|
(443)
|
(364)
|
(321)
|
(266)
|
(210)
|
(233)
|
(261)
|
(302)
|
(335)
|
(391)
|
|
Operating Income |
55
N/A
|
59
+7%
|
65
+9%
|
70
+9%
|
81
+16%
|
84
+4%
|
89
+5%
|
92
+4%
|
104
+13%
|
116
+11%
|
119
+3%
|
130
+9%
|
140
+7%
|
140
0%
|
146
+5%
|
147
+1%
|
147
0%
|
145
-1%
|
147
+1%
|
140
-5%
|
142
+1%
|
115
-19%
|
82
-29%
|
80
-2%
|
58
-28%
|
65
+12%
|
81
+24%
|
90
+12%
|
92
+2%
|
100
+9%
|
106
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||
Interest Income Expense |
(29)
|
(30)
|
(25)
|
(18)
|
(12)
|
(4)
|
(3)
|
(4)
|
(5)
|
(8)
|
(9)
|
(11)
|
(12)
|
(10)
|
(12)
|
(12)
|
(18)
|
(17)
|
(20)
|
(26)
|
(28)
|
(67)
|
(66)
|
(76)
|
(48)
|
(5)
|
(3)
|
8
|
(9)
|
(11)
|
(15)
|
|
Non-Reccuring Items |
(12)
|
(11)
|
(10)
|
(8)
|
1
|
1
|
1
|
(0)
|
(2)
|
(4)
|
(9)
|
(9)
|
(11)
|
(11)
|
(7)
|
(6)
|
(20)
|
(18)
|
(22)
|
(30)
|
(62)
|
(78)
|
(123)
|
(113)
|
(85)
|
(71)
|
(20)
|
(29)
|
(27)
|
(21)
|
(21)
|
|
Gain/Loss on Disposition of Assets |
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
|
(3)
|
(3)
|
0
|
3
|
|
Total Other Income |
(5)
|
(5)
|
(6)
|
(5)
|
(3)
|
(2)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(2)
|
9
|
9
|
10
|
9
|
6
|
6
|
13
|
13
|
3
|
(0)
|
(4)
|
|
Pre-Tax Income |
10
N/A
|
13
+31%
|
24
+86%
|
40
+64%
|
66
+67%
|
79
+19%
|
86
+10%
|
87
+1%
|
96
+10%
|
103
+8%
|
100
-3%
|
110
+10%
|
117
+6%
|
118
+1%
|
125
+6%
|
126
+1%
|
105
-17%
|
107
+2%
|
102
-5%
|
82
-19%
|
61
-26%
|
(21)
N/A
|
(97)
-368%
|
(99)
-2%
|
(69)
+30%
|
(5)
+92%
|
71
N/A
|
79
+11%
|
56
-29%
|
69
+23%
|
68
-1%
|
|
Net Income | ||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(5)
|
(4)
|
(3)
|
34
|
29
|
24
|
18
|
(29)
|
(7)
|
(4)
|
(8)
|
(7)
|
(31)
|
(36)
|
(34)
|
(31)
|
(32)
|
(30)
|
(27)
|
(17)
|
1
|
20
|
21
|
16
|
7
|
(10)
|
(10)
|
(13)
|
(18)
|
(20)
|
|
Income from Continuing Operations |
5
|
8
|
20
|
37
|
100
|
108
|
110
|
106
|
67
|
97
|
96
|
102
|
110
|
87
|
90
|
92
|
74
|
75
|
72
|
55
|
44
|
(20)
|
(77)
|
(79)
|
(53)
|
1
|
61
|
69
|
43
|
51
|
48
|
|
Income to Minority Interest |
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
0
|
0
|
0
|
|
Net Income (Common) |
6
N/A
|
9
+52%
|
20
+131%
|
37
+87%
|
99
+172%
|
108
+8%
|
110
+2%
|
106
-4%
|
67
-37%
|
97
+44%
|
96
-1%
|
102
+6%
|
110
+7%
|
88
-20%
|
90
+2%
|
92
+3%
|
74
-20%
|
75
+1%
|
72
-4%
|
55
-23%
|
45
-19%
|
(19)
N/A
|
(76)
-301%
|
(78)
-2%
|
(52)
+33%
|
2
N/A
|
62
+3 140%
|
70
+13%
|
43
-39%
|
51
+19%
|
48
-5%
|
|
EPS (Diluted) |
0.07
N/A
|
0.23
+229%
|
0.38
+65%
|
0.69
+82%
|
2.1
+204%
|
2.04
-3%
|
2.07
+1%
|
1.9
-8%
|
1.22
-36%
|
1.55
+27%
|
1.54
-1%
|
1.66
+8%
|
1.77
+7%
|
1.41
-20%
|
1.38
-2%
|
1.42
+3%
|
1.16
-18%
|
1.16
N/A
|
1.15
-1%
|
0.87
-24%
|
0.72
-17%
|
-0.33
N/A
|
-1.34
-306%
|
-1.36
-1%
|
-0.92
+32%
|
0.02
N/A
|
1.07
+5 250%
|
1.21
+13%
|
0.74
-39%
|
0.87
+18%
|
0.82
-6%
|