Trican Well Service Ltd
TSX:TCW
Income Statement
Earnings Waterfall
Trican Well Service Ltd
Revenue
|
972.7m
CAD
|
Cost of Revenue
|
-771.5m
CAD
|
Gross Profit
|
201.2m
CAD
|
Operating Expenses
|
-38.4m
CAD
|
Operating Income
|
162.8m
CAD
|
Other Expenses
|
-41.8m
CAD
|
Net Income
|
121m
CAD
|
Income Statement
Trican Well Service 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 |
2 115
N/A
|
2 140
+1%
|
2 122
-1%
|
2 262
+7%
|
2 407
+6%
|
2 000
-17%
|
1 685
-16%
|
1 189
-29%
|
650
-45%
|
513
-21%
|
483
-6%
|
368
-24%
|
325
-12%
|
375
+15%
|
479
+28%
|
764
+59%
|
930
+22%
|
1 087
+17%
|
1 122
+3%
|
1 013
-10%
|
865
-15%
|
795
-8%
|
729
-8%
|
605
-17%
|
636
+5%
|
590
-7%
|
513
-13%
|
458
-11%
|
397
-13%
|
353
-11%
|
419
+18%
|
509
+22%
|
563
+11%
|
634
+13%
|
692
+9%
|
786
+14%
|
866
+10%
|
944
+9%
|
960
+2%
|
954
-1%
|
973
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 044)
|
(2 115)
|
(2 082)
|
(2 188)
|
(2 255)
|
(1 884)
|
(1 573)
|
(1 139)
|
(677)
|
(560)
|
(532)
|
(449)
|
(409)
|
(409)
|
(486)
|
(673)
|
(798)
|
(934)
|
(987)
|
(947)
|
(856)
|
(816)
|
(768)
|
(669)
|
(681)
|
(641)
|
(561)
|
(509)
|
(449)
|
(403)
|
(440)
|
(496)
|
(530)
|
(579)
|
(621)
|
(673)
|
(716)
|
(752)
|
(757)
|
(754)
|
(772)
|
|
Gross Profit |
72
N/A
|
26
-64%
|
41
+58%
|
74
+82%
|
151
+105%
|
116
-23%
|
111
-4%
|
49
-56%
|
(27)
N/A
|
(46)
-74%
|
(49)
-5%
|
(81)
-65%
|
(84)
-3%
|
(35)
+59%
|
(6)
+81%
|
91
N/A
|
132
+45%
|
153
+16%
|
135
-12%
|
66
-51%
|
9
-87%
|
(21)
N/A
|
(39)
-88%
|
(65)
-65%
|
(45)
+31%
|
(50)
-13%
|
(48)
+5%
|
(52)
-8%
|
(52)
-1%
|
(49)
+6%
|
(21)
+57%
|
13
N/A
|
32
+152%
|
55
+70%
|
72
+31%
|
114
+58%
|
150
+32%
|
193
+28%
|
203
+5%
|
201
-1%
|
201
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(115)
|
(121)
|
(119)
|
(117)
|
(114)
|
(102)
|
(82)
|
(55)
|
(31)
|
(31)
|
(38)
|
(42)
|
(55)
|
(48)
|
(55)
|
(69)
|
(73)
|
(82)
|
(74)
|
(65)
|
(52)
|
(48)
|
(41)
|
(34)
|
(47)
|
(54)
|
(52)
|
(54)
|
(43)
|
(34)
|
(35)
|
(38)
|
(33)
|
(34)
|
(37)
|
(36)
|
(34)
|
(32)
|
(31)
|
(30)
|
(38)
|
|
Selling, General & Administrative |
(115)
|
(118)
|
(116)
|
(113)
|
(104)
|
(83)
|
(67)
|
(46)
|
(23)
|
(23)
|
(28)
|
(31)
|
(48)
|
(45)
|
(52)
|
(69)
|
(75)
|
(81)
|
(73)
|
(63)
|
(47)
|
(44)
|
(38)
|
(33)
|
(41)
|
(47)
|
(45)
|
(43)
|
(39)
|
(29)
|
(30)
|
(31)
|
(30)
|
(31)
|
(34)
|
(35)
|
(38)
|
(38)
|
(36)
|
(38)
|
(40)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(2)
|
(6)
|
(5)
|
(6)
|
(7)
|
(9)
|
(10)
|
(10)
|
(9)
|
(9)
|
(7)
|
(7)
|
(6)
|
(4)
|
(4)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
Other Operating Expenses |
(0)
|
(3)
|
(4)
|
(3)
|
(4)
|
(15)
|
(9)
|
(2)
|
1
|
1
|
(0)
|
(1)
|
2
|
4
|
4
|
5
|
6
|
3
|
2
|
2
|
0
|
1
|
2
|
5
|
(1)
|
(1)
|
(2)
|
(6)
|
0
|
(1)
|
(0)
|
(3)
|
0
|
0
|
0
|
2
|
7
|
9
|
9
|
11
|
5
|
|
Operating Income |
(43)
N/A
|
(96)
-122%
|
(79)
+17%
|
(43)
+45%
|
38
N/A
|
14
-62%
|
29
+103%
|
(6)
N/A
|
(58)
-898%
|
(78)
-34%
|
(87)
-12%
|
(122)
-40%
|
(138)
-13%
|
(82)
+40%
|
(61)
+26%
|
22
N/A
|
59
+168%
|
71
+22%
|
61
-14%
|
2
-97%
|
(44)
N/A
|
(69)
-58%
|
(80)
-17%
|
(98)
-22%
|
(92)
+6%
|
(105)
-14%
|
(99)
+5%
|
(106)
-6%
|
(96)
+9%
|
(84)
+13%
|
(56)
+33%
|
(25)
+55%
|
(1)
+96%
|
20
N/A
|
35
+73%
|
77
+120%
|
116
+50%
|
161
+38%
|
172
+7%
|
171
-1%
|
163
-5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(28)
|
(30)
|
(36)
|
(27)
|
(45)
|
(36)
|
(29)
|
(18)
|
(21)
|
(34)
|
(36)
|
(44)
|
39
|
49
|
51
|
47
|
(19)
|
(14)
|
(8)
|
(4)
|
(4)
|
(8)
|
(10)
|
(8)
|
(5)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Non-Reccuring Items |
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
(5)
|
(5)
|
(5)
|
(5)
|
(7)
|
(5)
|
(57)
|
(11)
|
(2)
|
15
|
12
|
(42)
|
(58)
|
(207)
|
(153)
|
(143)
|
(139)
|
(3)
|
(148)
|
(143)
|
(142)
|
(159)
|
(7)
|
(9)
|
(2)
|
15
|
10
|
6
|
5
|
(6)
|
(7)
|
(8)
|
(9)
|
(1)
|
|
Pre-Tax Income |
(75)
N/A
|
(126)
-68%
|
(115)
+9%
|
(70)
+39%
|
(12)
+83%
|
(22)
-82%
|
0
N/A
|
(29)
N/A
|
(84)
-187%
|
(117)
-39%
|
(128)
-10%
|
(173)
-35%
|
(104)
+40%
|
(90)
+13%
|
(21)
+77%
|
66
N/A
|
55
-17%
|
69
+26%
|
11
-85%
|
(60)
N/A
|
(255)
-324%
|
(230)
+10%
|
(233)
-1%
|
(245)
-5%
|
(100)
+59%
|
(257)
-158%
|
(246)
+4%
|
(253)
-3%
|
(259)
-3%
|
(95)
+63%
|
(68)
+28%
|
(29)
+57%
|
12
N/A
|
28
+137%
|
39
+37%
|
80
+106%
|
108
+35%
|
151
+39%
|
161
+7%
|
158
-2%
|
159
+0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
28
|
45
|
44
|
32
|
4
|
0
|
(9)
|
(7)
|
21
|
34
|
39
|
59
|
63
|
43
|
22
|
(3)
|
(35)
|
(29)
|
(13)
|
(1)
|
26
|
25
|
35
|
43
|
28
|
35
|
24
|
23
|
32
|
23
|
16
|
10
|
0
|
(5)
|
(5)
|
(17)
|
(29)
|
(39)
|
(41)
|
(40)
|
(38)
|
|
Income from Continuing Operations |
(47)
|
(81)
|
(70)
|
(39)
|
(8)
|
(22)
|
(9)
|
(36)
|
(63)
|
(82)
|
(89)
|
(114)
|
(41)
|
(47)
|
1
|
63
|
20
|
41
|
(2)
|
(61)
|
(229)
|
(205)
|
(198)
|
(202)
|
(71)
|
(222)
|
(221)
|
(229)
|
(228)
|
(72)
|
(52)
|
(20)
|
12
|
24
|
34
|
63
|
79
|
112
|
120
|
118
|
121
|
|
Income to Minority Interest |
1
|
1
|
2
|
2
|
4
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(46)
N/A
|
(80)
-74%
|
(67)
+17%
|
(31)
+54%
|
(5)
+84%
|
(32)
-546%
|
(273)
-746%
|
(519)
-90%
|
(830)
-60%
|
(773)
+7%
|
(554)
+28%
|
(388)
+30%
|
(29)
+92%
|
(100)
-242%
|
(29)
+71%
|
55
N/A
|
14
-74%
|
37
+161%
|
(3)
N/A
|
(63)
-1 919%
|
(233)
-272%
|
(212)
+9%
|
(207)
+2%
|
(211)
-2%
|
(74)
+65%
|
(222)
-201%
|
(220)
+1%
|
(228)
-3%
|
(229)
-1%
|
(68)
+70%
|
(49)
+28%
|
(16)
+68%
|
17
N/A
|
25
+43%
|
34
+40%
|
64
+85%
|
79
+25%
|
112
+41%
|
120
+7%
|
118
-1%
|
121
+2%
|
|
EPS (Diluted) |
-0.31
N/A
|
-0.54
-74%
|
-0.43
+20%
|
-0.2
+53%
|
-0.02
+90%
|
-0.21
-950%
|
-1.81
-762%
|
-3.48
-92%
|
-5.57
-60%
|
-5.19
+7%
|
-2.62
+50%
|
-2.01
+23%
|
-0.16
+92%
|
-0.51
-219%
|
-0.11
+78%
|
0.15
N/A
|
0.04
-73%
|
0.12
+200%
|
-0.01
N/A
|
-0.18
-1 700%
|
-0.71
-294%
|
-0.71
N/A
|
-0.7
+1%
|
-0.73
-4%
|
-0.25
+66%
|
-0.82
-228%
|
-0.82
N/A
|
-0.85
-4%
|
-0.86
-1%
|
-0.27
+69%
|
-0.2
+26%
|
-0.07
+65%
|
0.05
N/A
|
0.1
+100%
|
0.14
+40%
|
0.26
+86%
|
0.32
+23%
|
0.48
+50%
|
0.53
+10%
|
0.54
+2%
|
0.55
+2%
|