Timbercreek Financial Corp
TSX:TF
Income Statement
Earnings Waterfall
Timbercreek Financial Corp
Revenue
|
181m
CAD
|
Cost of Revenue
|
-51.5m
CAD
|
Gross Profit
|
129.5m
CAD
|
Operating Expenses
|
-25m
CAD
|
Operating Income
|
104.5m
CAD
|
Other Expenses
|
-38m
CAD
|
Net Income
|
66.4m
CAD
|
Income Statement
Timbercreek Financial Corp
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 |
28
N/A
|
29
+2%
|
29
+0%
|
28
-3%
|
28
0%
|
31
+11%
|
36
+14%
|
39
+10%
|
43
+9%
|
43
+1%
|
43
-1%
|
52
+21%
|
61
+19%
|
71
+16%
|
82
+15%
|
86
+6%
|
116
+34%
|
103
-11%
|
113
+10%
|
122
+8%
|
127
+4%
|
130
+3%
|
131
+0%
|
130
-1%
|
127
-2%
|
127
0%
|
124
-2%
|
124
+0%
|
126
+1%
|
123
-2%
|
124
+0%
|
121
-2%
|
117
-4%
|
116
0%
|
120
+3%
|
133
+10%
|
149
+12%
|
165
+11%
|
175
+6%
|
178
+2%
|
181
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(27)
|
(13)
|
(21)
|
(28)
|
(31)
|
(31)
|
(30)
|
(28)
|
(26)
|
(25)
|
(26)
|
(27)
|
(28)
|
(27)
|
(26)
|
(25)
|
(24)
|
(24)
|
(25)
|
(30)
|
(38)
|
(45)
|
(50)
|
(52)
|
(52)
|
|
Gross Profit |
27
N/A
|
29
+4%
|
29
+2%
|
28
-3%
|
28
0%
|
0
N/A
|
0
N/A
|
17
N/A
|
43
+148%
|
0
N/A
|
0
N/A
|
30
N/A
|
61
+105%
|
60
-2%
|
81
+35%
|
86
+6%
|
89
+4%
|
90
+2%
|
93
+3%
|
94
+1%
|
96
+2%
|
99
+3%
|
101
+2%
|
102
+1%
|
102
+0%
|
101
0%
|
98
-3%
|
97
-1%
|
98
+1%
|
96
-2%
|
98
+2%
|
96
-2%
|
93
-4%
|
93
+0%
|
95
+2%
|
102
+8%
|
110
+8%
|
120
+8%
|
125
+4%
|
127
+1%
|
129
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(9)
|
(9)
|
(9)
|
(5)
|
(5)
|
(6)
|
(7)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(4)
|
(11)
|
(12)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(19)
|
(18)
|
(20)
|
(19)
|
(17)
|
(17)
|
(16)
|
(21)
|
(23)
|
(24)
|
(25)
|
(22)
|
(25)
|
|
Selling, General & Administrative |
(9)
|
(9)
|
(9)
|
(5)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
|
Other Operating Expenses |
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
6
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
(4)
|
(6)
|
(5)
|
(3)
|
(4)
|
(2)
|
(6)
|
(9)
|
(9)
|
(9)
|
(8)
|
(10)
|
|
Operating Income |
19
N/A
|
20
+5%
|
20
+3%
|
23
+15%
|
23
N/A
|
26
+10%
|
29
+12%
|
30
+5%
|
33
+9%
|
33
+0%
|
32
-2%
|
42
+29%
|
51
+23%
|
66
+30%
|
70
+6%
|
74
+5%
|
75
+2%
|
76
+1%
|
78
+2%
|
79
+1%
|
81
+3%
|
83
+3%
|
85
+2%
|
85
+1%
|
85
0%
|
85
-1%
|
81
-4%
|
80
-1%
|
79
-1%
|
78
-2%
|
78
+0%
|
77
-2%
|
76
-2%
|
75
0%
|
79
+4%
|
82
+4%
|
87
+7%
|
96
+10%
|
101
+5%
|
104
+4%
|
104
+0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(5)
|
(4)
|
(5)
|
(5)
|
(5)
|
(8)
|
(11)
|
(15)
|
(19)
|
(21)
|
(23)
|
(26)
|
(28)
|
(28)
|
(29)
|
(30)
|
(30)
|
(31)
|
(31)
|
(35)
|
(34)
|
(33)
|
(47)
|
(38)
|
(37)
|
(40)
|
(34)
|
(36)
|
(38)
|
(38)
|
(31)
|
(35)
|
(37)
|
(38)
|
(38)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
6
|
6
|
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
|
0
|
|
Total Other Income |
(22)
|
(13)
|
(8)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(6)
N/A
|
3
N/A
|
9
+215%
|
17
+100%
|
19
+9%
|
21
+14%
|
24
+14%
|
26
+6%
|
28
+9%
|
28
0%
|
34
+20%
|
40
+19%
|
46
+15%
|
52
+13%
|
52
0%
|
52
+2%
|
52
0%
|
51
-2%
|
50
-1%
|
51
+1%
|
53
+5%
|
55
+3%
|
56
+2%
|
56
+0%
|
55
-2%
|
49
-10%
|
47
-4%
|
48
+1%
|
32
-33%
|
40
+24%
|
41
+4%
|
37
-10%
|
41
+11%
|
39
-5%
|
40
+3%
|
43
+8%
|
56
+29%
|
61
+9%
|
63
+4%
|
66
+5%
|
66
+0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
(6)
|
3
|
9
|
17
|
19
|
21
|
24
|
26
|
28
|
28
|
34
|
40
|
46
|
52
|
52
|
52
|
52
|
51
|
50
|
51
|
53
|
55
|
56
|
56
|
55
|
49
|
47
|
48
|
32
|
40
|
41
|
37
|
41
|
39
|
40
|
43
|
56
|
61
|
63
|
66
|
66
|
|
Net Income (Common) |
(6)
N/A
|
3
N/A
|
9
+215%
|
17
+100%
|
19
+9%
|
21
+14%
|
24
+14%
|
26
+6%
|
28
+9%
|
28
0%
|
34
+20%
|
40
+19%
|
46
+15%
|
52
+13%
|
52
0%
|
52
+2%
|
52
0%
|
51
-2%
|
50
-1%
|
51
+1%
|
53
+5%
|
55
+3%
|
56
+2%
|
56
+0%
|
55
-2%
|
49
-10%
|
47
-4%
|
48
+1%
|
32
-33%
|
40
+24%
|
41
+4%
|
37
-10%
|
41
+11%
|
39
-5%
|
40
+3%
|
43
+8%
|
56
+29%
|
61
+9%
|
63
+4%
|
66
+5%
|
66
+0%
|
|
EPS (Diluted) |
-0.12
N/A
|
0.08
N/A
|
0.27
+238%
|
0.54
+100%
|
0.59
+9%
|
0.48
-19%
|
0.55
+15%
|
0.58
+5%
|
0.64
+10%
|
0.63
-2%
|
0.76
+21%
|
0.49
-36%
|
0.77
+57%
|
0.65
-16%
|
0.62
-5%
|
0.6
-3%
|
0.61
+2%
|
0.68
+11%
|
0.63
-7%
|
0.54
-14%
|
0.6
+11%
|
0.67
+12%
|
0.63
-6%
|
0.6
-5%
|
0.62
+3%
|
0.59
-5%
|
0.57
-3%
|
0.53
-7%
|
0.39
-26%
|
0.44
+13%
|
0.51
+16%
|
0.45
-12%
|
0.51
+13%
|
0.48
-6%
|
0.43
-10%
|
0.51
+19%
|
0.67
+31%
|
0.63
-6%
|
0.65
+3%
|
0.68
+5%
|
0.68
N/A
|