TVA Group Inc
TSX:TVA.B
Income Statement
Earnings Waterfall
TVA Group Inc
Revenue
|
545.2m
CAD
|
Cost of Revenue
|
-418.7m
CAD
|
Gross Profit
|
126.5m
CAD
|
Operating Expenses
|
-159.6m
CAD
|
Operating Income
|
-33.1m
CAD
|
Other Expenses
|
-14.8m
CAD
|
Net Income
|
-47.9m
CAD
|
Income Statement
TVA Group Inc
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 |
445
N/A
|
439
-1%
|
437
0%
|
430
-2%
|
439
+2%
|
461
+5%
|
510
+11%
|
554
+9%
|
590
+6%
|
609
+3%
|
594
-2%
|
587
-1%
|
591
+1%
|
586
-1%
|
595
+1%
|
604
+2%
|
590
-2%
|
582
-1%
|
570
-2%
|
557
-2%
|
552
-1%
|
552
+0%
|
558
+1%
|
556
0%
|
570
+2%
|
573
+1%
|
531
-7%
|
525
-1%
|
508
-3%
|
512
+1%
|
567
+11%
|
599
+5%
|
623
+4%
|
627
+1%
|
615
-2%
|
594
-3%
|
594
N/A
|
586
-1%
|
577
-1%
|
565
-2%
|
545
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(254)
|
(257)
|
(256)
|
(261)
|
(284)
|
(299)
|
(353)
|
(366)
|
(383)
|
(393)
|
(385)
|
(389)
|
(384)
|
(384)
|
(384)
|
(382)
|
(373)
|
(364)
|
(367)
|
(362)
|
(357)
|
(355)
|
(354)
|
(350)
|
(353)
|
(351)
|
(328)
|
(343)
|
(320)
|
(331)
|
(359)
|
(365)
|
(403)
|
(416)
|
(413)
|
(409)
|
(427)
|
(435)
|
(437)
|
(432)
|
(419)
|
|
Gross Profit |
191
N/A
|
182
-5%
|
181
0%
|
169
-7%
|
156
-8%
|
162
+4%
|
158
-3%
|
189
+20%
|
207
+10%
|
216
+4%
|
209
-3%
|
198
-5%
|
207
+4%
|
203
-2%
|
211
+4%
|
222
+6%
|
216
-3%
|
219
+1%
|
203
-7%
|
195
-4%
|
195
0%
|
198
+2%
|
204
+3%
|
207
+1%
|
217
+5%
|
222
+2%
|
203
-9%
|
182
-10%
|
188
+3%
|
181
-4%
|
208
+15%
|
234
+12%
|
220
-6%
|
211
-4%
|
202
-4%
|
185
-8%
|
167
-10%
|
151
-10%
|
141
-7%
|
134
-5%
|
126
-5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(153)
|
(150)
|
(149)
|
(148)
|
(148)
|
(158)
|
(169)
|
(178)
|
(193)
|
(195)
|
(196)
|
(197)
|
(197)
|
(195)
|
(194)
|
(193)
|
(185)
|
(184)
|
(182)
|
(180)
|
(180)
|
(181)
|
(181)
|
(182)
|
(185)
|
(185)
|
(161)
|
(145)
|
(136)
|
(135)
|
(155)
|
(169)
|
(172)
|
(174)
|
(175)
|
(175)
|
(178)
|
(175)
|
(171)
|
(166)
|
(160)
|
|
Selling, General & Administrative |
(131)
|
(129)
|
(128)
|
(126)
|
(126)
|
(134)
|
(144)
|
(151)
|
(159)
|
(160)
|
(159)
|
(158)
|
(161)
|
(158)
|
(157)
|
(157)
|
(150)
|
(148)
|
(146)
|
(144)
|
(144)
|
(143)
|
(143)
|
(143)
|
(144)
|
(145)
|
(122)
|
(109)
|
(103)
|
(102)
|
(123)
|
(136)
|
(139)
|
(142)
|
(144)
|
(145)
|
(148)
|
(146)
|
(142)
|
(137)
|
(132)
|
|
Depreciation & Amortization |
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(24)
|
(25)
|
(26)
|
(34)
|
(35)
|
(37)
|
(39)
|
(36)
|
(36)
|
(36)
|
(36)
|
(35)
|
(36)
|
(36)
|
(36)
|
(36)
|
(37)
|
(38)
|
(40)
|
(40)
|
(40)
|
(39)
|
(36)
|
(33)
|
(33)
|
(33)
|
(33)
|
(32)
|
(31)
|
(31)
|
(30)
|
(30)
|
(30)
|
(29)
|
(28)
|
(28)
|
|
Operating Income |
39
N/A
|
32
-18%
|
32
+1%
|
21
-35%
|
7
-65%
|
4
-41%
|
(11)
N/A
|
11
N/A
|
14
+25%
|
20
+46%
|
14
-33%
|
1
-91%
|
9
+683%
|
8
-13%
|
17
+105%
|
29
+74%
|
32
+8%
|
35
+10%
|
21
-40%
|
15
-26%
|
15
-3%
|
17
+14%
|
23
+36%
|
24
+6%
|
32
+33%
|
37
+16%
|
42
+13%
|
37
-11%
|
52
+39%
|
46
-12%
|
53
+15%
|
65
+23%
|
48
-26%
|
37
-23%
|
27
-28%
|
10
-63%
|
(11)
N/A
|
(24)
-130%
|
(31)
-27%
|
(32)
-3%
|
(33)
-4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
|
Non-Reccuring Items |
(5)
|
(4)
|
(2)
|
(42)
|
(45)
|
(45)
|
(47)
|
(67)
|
(66)
|
(67)
|
(65)
|
(45)
|
(46)
|
(46)
|
(50)
|
(52)
|
(42)
|
(47)
|
(43)
|
0
|
2
|
(1)
|
(1)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(9)
|
(29)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(1)
|
(2)
|
(2)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(3)
|
(2)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
(0)
|
(5)
|
(5)
|
(5)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
|
Pre-Tax Income |
28
N/A
|
22
-21%
|
25
+13%
|
(26)
N/A
|
(42)
-61%
|
(46)
-10%
|
(63)
-38%
|
(60)
+5%
|
(57)
+6%
|
(49)
+13%
|
(55)
-11%
|
(47)
+14%
|
(40)
+15%
|
(41)
-3%
|
(36)
+13%
|
(25)
+30%
|
(20)
+22%
|
(16)
+19%
|
(27)
-69%
|
11
N/A
|
10
-7%
|
8
-18%
|
13
+64%
|
13
-1%
|
22
+69%
|
31
+37%
|
36
+16%
|
29
-19%
|
43
+50%
|
38
-13%
|
46
+23%
|
61
+32%
|
41
-33%
|
30
-28%
|
20
-32%
|
4
-80%
|
(13)
N/A
|
(27)
-109%
|
(33)
-24%
|
(43)
-29%
|
(64)
-49%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(6)
|
(4)
|
(5)
|
4
|
9
|
11
|
15
|
10
|
8
|
4
|
6
|
1
|
(1)
|
0
|
(2)
|
5
|
4
|
3
|
6
|
(3)
|
(3)
|
(2)
|
(3)
|
(4)
|
(6)
|
(9)
|
(10)
|
(8)
|
(12)
|
(10)
|
(12)
|
(16)
|
(12)
|
(9)
|
(6)
|
(1)
|
3
|
7
|
9
|
10
|
16
|
|
Income from Continuing Operations |
22
|
18
|
21
|
(22)
|
(33)
|
(35)
|
(49)
|
(50)
|
(49)
|
(46)
|
(49)
|
(46)
|
(41)
|
(41)
|
(38)
|
(20)
|
(16)
|
(13)
|
(21)
|
8
|
8
|
6
|
10
|
9
|
16
|
22
|
25
|
20
|
31
|
27
|
34
|
45
|
29
|
21
|
14
|
3
|
(10)
|
(20)
|
(25)
|
(33)
|
(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
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Equity Earnings Affiliates |
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(10)
|
(9)
|
(8)
|
(6)
|
(2)
|
(2)
|
(1)
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
|
Net Income (Common) |
16
N/A
|
11
-27%
|
14
+19%
|
(28)
N/A
|
(41)
-45%
|
(46)
-11%
|
(57)
-26%
|
(58)
-1%
|
(55)
+5%
|
(48)
+13%
|
(51)
-6%
|
(47)
+8%
|
(40)
+15%
|
(41)
-2%
|
(37)
+9%
|
(20)
+47%
|
(16)
+18%
|
(13)
+19%
|
(21)
-60%
|
9
N/A
|
8
-6%
|
7
-18%
|
10
+50%
|
10
-7%
|
17
+74%
|
23
+36%
|
26
+16%
|
21
-19%
|
32
+54%
|
29
-11%
|
35
+23%
|
46
+30%
|
31
-33%
|
22
-28%
|
15
-32%
|
4
-77%
|
(9)
N/A
|
(19)
-118%
|
(24)
-24%
|
(32)
-34%
|
(48)
-49%
|
|
EPS (Diluted) |
0.66
N/A
|
0.48
-27%
|
0.58
+21%
|
-1.19
N/A
|
-1.73
-45%
|
-1.77
-2%
|
-1.32
+25%
|
-1.34
-2%
|
-1.42
-6%
|
-1.1
+23%
|
-1.17
-6%
|
-1.08
+8%
|
-0.92
+15%
|
-0.94
-2%
|
-0.85
+10%
|
-0.45
+47%
|
-0.37
+18%
|
-0.29
+22%
|
-0.47
-62%
|
0.21
N/A
|
0.19
-10%
|
0.16
-16%
|
0.24
+50%
|
0.22
-8%
|
0.38
+73%
|
0.52
+37%
|
0.6
+15%
|
0.48
-20%
|
0.75
+56%
|
0.66
-12%
|
0.81
+23%
|
1.06
+31%
|
0.7
-34%
|
0.51
-27%
|
0.35
-31%
|
0.09
-74%
|
-0.21
N/A
|
-0.44
-110%
|
-0.55
-25%
|
-0.74
-35%
|
-1.11
-50%
|