Spartan Delta Corp
TSX:SDE
Income Statement
Earnings Waterfall
Spartan Delta Corp
Revenue
|
646.1m
CAD
|
Cost of Revenue
|
-134.2m
CAD
|
Gross Profit
|
511.9m
CAD
|
Operating Expenses
|
-260.2m
CAD
|
Operating Income
|
251.7m
CAD
|
Other Expenses
|
411.4m
CAD
|
Net Income
|
663.1m
CAD
|
Income Statement
Spartan Delta Corp
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 |
148
N/A
|
215
+45%
|
281
+31%
|
524
+86%
|
690
+32%
|
992
+44%
|
1 226
+24%
|
1 284
+5%
|
1 374
+7%
|
1 155
-16%
|
893
-23%
|
646
-28%
|
|
Gross Profit | |||||||||||||
Cost of Revenue |
(48)
|
(63)
|
(78)
|
(115)
|
(153)
|
(192)
|
(219)
|
(227)
|
(233)
|
(213)
|
(174)
|
(134)
|
|
Gross Profit |
100
N/A
|
152
+52%
|
203
+34%
|
409
+102%
|
537
+31%
|
799
+49%
|
1 007
+26%
|
1 057
+5%
|
1 142
+8%
|
942
-18%
|
719
-24%
|
512
-29%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(59)
|
(85)
|
(112)
|
(171)
|
(229)
|
(277)
|
(318)
|
(335)
|
(387)
|
(364)
|
(317)
|
(260)
|
|
Selling, General & Administrative |
(26)
|
(36)
|
(46)
|
(66)
|
(91)
|
(113)
|
(130)
|
(139)
|
(148)
|
(149)
|
(133)
|
(112)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(21)
|
(21)
|
(21)
|
(21)
|
|
Depreciation & Amortization |
(32)
|
(47)
|
(64)
|
(103)
|
(138)
|
(168)
|
(196)
|
(204)
|
(228)
|
(203)
|
(171)
|
(137)
|
|
Other Operating Expenses |
(1)
|
(2)
|
(2)
|
(2)
|
1
|
4
|
8
|
8
|
9
|
10
|
8
|
11
|
|
Operating Income |
40
N/A
|
67
+66%
|
91
+37%
|
238
+161%
|
308
+29%
|
523
+70%
|
689
+32%
|
722
+5%
|
754
+4%
|
578
-23%
|
402
-30%
|
252
-37%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
(9)
|
(25)
|
(4)
|
(13)
|
(24)
|
(17)
|
(29)
|
(27)
|
(25)
|
(16)
|
(15)
|
(17)
|
|
Non-Reccuring Items |
85
|
34
|
123
|
124
|
82
|
82
|
(7)
|
(8)
|
(10)
|
(32)
|
(30)
|
(30)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
1
|
2
|
2
|
2
|
1
|
550
|
545
|
543
|
|
Total Other Income |
(12)
|
3
|
9
|
7
|
14
|
12
|
9
|
20
|
22
|
22
|
19
|
3
|
|
Pre-Tax Income |
105
N/A
|
79
-24%
|
220
+178%
|
357
+62%
|
380
+7%
|
602
+58%
|
663
+10%
|
710
+7%
|
743
+5%
|
1 101
+48%
|
920
-16%
|
751
-18%
|
|
Net Income | |||||||||||||
Tax Provision |
7
|
5
|
(2)
|
(22)
|
(43)
|
(103)
|
(6)
|
(29)
|
(37)
|
(119)
|
(215)
|
(88)
|
|
Income from Continuing Operations |
112
|
84
|
218
|
334
|
336
|
498
|
657
|
681
|
706
|
982
|
705
|
663
|
|
Net Income (Common) |
112
N/A
|
84
-25%
|
218
+160%
|
334
+53%
|
336
+1%
|
498
+48%
|
657
+32%
|
681
+4%
|
706
+4%
|
982
+39%
|
705
-28%
|
663
-6%
|
|
EPS (Diluted) |
1.36
N/A
|
0.65
-52%
|
1.49
+129%
|
2.5
+68%
|
1.96
-22%
|
2.87
+46%
|
3.77
+31%
|
3.88
+3%
|
4.01
+3%
|
5.66
+41%
|
4.04
-29%
|
3.82
-5%
|