Sylogist Ltd
TSX:SYZ
Income Statement
Earnings Waterfall
Sylogist Ltd
Revenue
|
65.5m
CAD
|
Cost of Revenue
|
-26m
CAD
|
Gross Profit
|
39.5m
CAD
|
Operating Expenses
|
-35.9m
CAD
|
Operating Income
|
3.6m
CAD
|
Other Expenses
|
-2.5m
CAD
|
Net Income
|
1.1m
CAD
|
Income Statement
Sylogist Ltd
Dec-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
14
N/A
|
14
+3%
|
15
+6%
|
18
+15%
|
19
+6%
|
22
+21%
|
25
+13%
|
27
+8%
|
30
+8%
|
32
+9%
|
35
+9%
|
36
+1%
|
35
-1%
|
34
-5%
|
33
-2%
|
33
0%
|
34
+3%
|
35
+4%
|
37
+6%
|
38
+3%
|
39
+2%
|
39
+0%
|
38
-3%
|
38
0%
|
37
-1%
|
37
0%
|
37
+0%
|
38
+2%
|
39
+2%
|
38
-1%
|
38
-1%
|
39
+3%
|
42
+8%
|
46
+10%
|
50
+9%
|
54
+7%
|
69
+29%
|
59
-14%
|
62
+5%
|
65
+4%
|
66
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(8)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(12)
|
(11)
|
(10)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(13)
|
(15)
|
(17)
|
(20)
|
(25)
|
(23)
|
(24)
|
(25)
|
(26)
|
|
Gross Profit |
10
N/A
|
10
+2%
|
11
+4%
|
12
+10%
|
12
+6%
|
15
+18%
|
16
+12%
|
18
+8%
|
19
+10%
|
21
+9%
|
23
+10%
|
24
+2%
|
23
-2%
|
23
-2%
|
23
+0%
|
24
+3%
|
25
+7%
|
26
+5%
|
27
+5%
|
28
+1%
|
28
+2%
|
28
+0%
|
28
-1%
|
28
+2%
|
28
-1%
|
28
+0%
|
28
-1%
|
28
0%
|
28
+1%
|
27
-3%
|
27
-2%
|
28
+4%
|
29
+4%
|
31
+7%
|
33
+6%
|
34
+3%
|
44
+28%
|
37
-16%
|
38
+5%
|
40
+3%
|
40
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(4)
|
(5)
|
(5)
|
(10)
|
(12)
|
(14)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(15)
|
(14)
|
(14)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(16)
|
(16)
|
(16)
|
(15)
|
(27)
|
(27)
|
(26)
|
(25)
|
(14)
|
(15)
|
(18)
|
(20)
|
(24)
|
(27)
|
(27)
|
(29)
|
(39)
|
(33)
|
(36)
|
(37)
|
(36)
|
|
Selling, General & Administrative |
(4)
|
(5)
|
(5)
|
(8)
|
(10)
|
(11)
|
(13)
|
(13)
|
(12)
|
(11)
|
(11)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(19)
|
(19)
|
(19)
|
(19)
|
(7)
|
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
(13)
|
(14)
|
(18)
|
(15)
|
(18)
|
(20)
|
(20)
|
|
Research & Development |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(11)
|
(13)
|
(10)
|
(10)
|
(10)
|
(10)
|
|
Other Operating Expenses |
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
0
|
0
|
0
|
(0)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
|
Operating Income |
6
N/A
|
6
-8%
|
5
-6%
|
2
-59%
|
0
-93%
|
0
+173%
|
(0)
N/A
|
1
N/A
|
3
+161%
|
5
+56%
|
8
+43%
|
9
+22%
|
9
-2%
|
9
-3%
|
9
+6%
|
10
+6%
|
11
+16%
|
12
+8%
|
13
+6%
|
12
-6%
|
12
+1%
|
12
-2%
|
12
-4%
|
13
+13%
|
1
-92%
|
2
+62%
|
2
+44%
|
3
+12%
|
14
+422%
|
13
-11%
|
9
-30%
|
8
-13%
|
5
-32%
|
4
-14%
|
6
+31%
|
5
-22%
|
5
+9%
|
4
-28%
|
3
-25%
|
3
+13%
|
4
+19%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
|
Non-Reccuring Items |
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
3
|
3
|
3
|
3
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
(0)
|
|
Pre-Tax Income |
6
N/A
|
5
-8%
|
5
-4%
|
1
-71%
|
(0)
N/A
|
0
N/A
|
0
-70%
|
2
+1 650%
|
4
+70%
|
5
+23%
|
7
+38%
|
9
+26%
|
9
-1%
|
9
+2%
|
10
+7%
|
10
+4%
|
11
+16%
|
12
+9%
|
13
+6%
|
15
+16%
|
16
+2%
|
15
-2%
|
15
-3%
|
14
-9%
|
1
-90%
|
2
+48%
|
2
+15%
|
2
+10%
|
14
+463%
|
12
-15%
|
8
-34%
|
6
-19%
|
4
-44%
|
3
-20%
|
4
+48%
|
3
-31%
|
3
+3%
|
2
-29%
|
1
-54%
|
1
+19%
|
2
+35%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
1
|
2
|
2
|
1
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(0)
|
(0)
|
(0)
|
(1)
|
(4)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
(1)
|
(0)
|
|
Income from Continuing Operations |
6
|
6
|
7
|
3
|
0
|
0
|
(0)
|
3
|
4
|
5
|
5
|
7
|
6
|
7
|
7
|
7
|
9
|
10
|
11
|
13
|
13
|
13
|
12
|
10
|
1
|
1
|
2
|
2
|
10
|
8
|
5
|
4
|
2
|
2
|
3
|
3
|
3
|
2
|
1
|
1
|
1
|
|
Net Income (Common) |
6
N/A
|
6
+6%
|
7
+11%
|
3
-55%
|
0
-86%
|
0
-98%
|
(0)
N/A
|
3
N/A
|
4
+65%
|
5
+17%
|
5
+10%
|
7
+23%
|
6
-3%
|
7
+3%
|
7
+8%
|
7
+1%
|
9
+24%
|
10
+8%
|
11
+10%
|
13
+24%
|
13
-3%
|
13
-1%
|
12
-4%
|
10
-17%
|
1
-90%
|
1
+45%
|
2
+34%
|
2
-2%
|
10
+429%
|
8
-17%
|
5
-37%
|
4
-17%
|
2
-47%
|
2
-18%
|
3
+48%
|
3
+2%
|
3
-12%
|
2
-16%
|
1
-46%
|
1
-53%
|
1
+100%
|
|
EPS (Diluted) |
0.28
N/A
|
0.29
+4%
|
0.32
+10%
|
0.14
-56%
|
0.02
-86%
|
0
N/A
|
-0.02
N/A
|
0.1
N/A
|
0.18
+80%
|
0.21
+17%
|
0.23
+10%
|
0.28
+22%
|
0.28
N/A
|
0.29
+4%
|
0.32
+10%
|
0.32
N/A
|
0.4
+25%
|
0.43
+7%
|
0.47
+9%
|
0.58
+23%
|
0.57
-2%
|
0.57
N/A
|
0.55
-4%
|
0.44
-20%
|
0.06
-86%
|
0.07
+17%
|
0.08
+14%
|
0.08
N/A
|
0.43
+438%
|
0.36
-16%
|
0.23
-36%
|
0.18
-22%
|
0.1
-44%
|
0.08
-20%
|
0.12
+50%
|
0.12
N/A
|
0.11
-8%
|
0.09
-18%
|
0.05
-44%
|
0.03
-40%
|
0.05
+67%
|