Tamarack Valley Energy Ltd
TSX:TVE
Income Statement
Earnings Waterfall
Tamarack Valley Energy Ltd
Revenue
|
1.4B
CAD
|
Cost of Revenue
|
-253.7m
CAD
|
Gross Profit
|
1.2B
CAD
|
Operating Expenses
|
-797.8m
CAD
|
Operating Income
|
355m
CAD
|
Other Expenses
|
-260.8m
CAD
|
Net Income
|
94.2m
CAD
|
Income Statement
Tamarack Valley Energy 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 |
63
N/A
|
73
+16%
|
87
+19%
|
101
+16%
|
110
+9%
|
111
+1%
|
106
-5%
|
100
-6%
|
96
-4%
|
91
-5%
|
91
+0%
|
96
+5%
|
107
+11%
|
146
+36%
|
182
+25%
|
210
+15%
|
256
+22%
|
287
+12%
|
324
+13%
|
374
+15%
|
360
-4%
|
357
-1%
|
350
-2%
|
323
-8%
|
344
+6%
|
317
-8%
|
256
-19%
|
228
-11%
|
198
-13%
|
221
+12%
|
405
+83%
|
531
+31%
|
599
+13%
|
839
+40%
|
955
+14%
|
1 051
+10%
|
1 180
+12%
|
1 245
+6%
|
1 238
-1%
|
1 387
+12%
|
1 406
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(16)
|
(18)
|
(21)
|
(25)
|
(29)
|
(33)
|
(34)
|
(37)
|
(40)
|
(41)
|
(42)
|
(43)
|
(44)
|
(53)
|
(64)
|
(74)
|
(83)
|
(88)
|
(90)
|
(92)
|
(94)
|
(92)
|
(92)
|
(91)
|
(90)
|
(90)
|
(87)
|
(85)
|
(87)
|
(86)
|
(117)
|
(129)
|
(118)
|
(156)
|
(148)
|
(157)
|
(188)
|
(213)
|
(233)
|
(245)
|
(254)
|
|
Gross Profit |
47
N/A
|
56
+17%
|
66
+19%
|
76
+15%
|
81
+7%
|
78
-4%
|
72
-8%
|
63
-13%
|
56
-11%
|
50
-10%
|
49
-3%
|
54
+9%
|
63
+17%
|
93
+48%
|
118
+27%
|
136
+15%
|
172
+27%
|
199
+16%
|
235
+18%
|
282
+20%
|
266
-6%
|
265
-1%
|
258
-3%
|
232
-10%
|
254
+9%
|
227
-11%
|
169
-25%
|
142
-16%
|
111
-22%
|
135
+22%
|
288
+113%
|
402
+40%
|
481
+20%
|
683
+42%
|
807
+18%
|
894
+11%
|
992
+11%
|
1 032
+4%
|
1 005
-3%
|
1 142
+14%
|
1 153
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(32)
|
(36)
|
(42)
|
(52)
|
(62)
|
(130)
|
(134)
|
(73)
|
(72)
|
(96)
|
(97)
|
(72)
|
(79)
|
(101)
|
(124)
|
(146)
|
(175)
|
(195)
|
(203)
|
(212)
|
(204)
|
(200)
|
(199)
|
(196)
|
(194)
|
(189)
|
(174)
|
(155)
|
(140)
|
(134)
|
(204)
|
(261)
|
(270)
|
(353)
|
(348)
|
(359)
|
(481)
|
(588)
|
(695)
|
(797)
|
(798)
|
|
Selling, General & Administrative |
(7)
|
(8)
|
(9)
|
(14)
|
(13)
|
(14)
|
(16)
|
(12)
|
(11)
|
(11)
|
(10)
|
(11)
|
(12)
|
(18)
|
(20)
|
(21)
|
(23)
|
(18)
|
(18)
|
(21)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(21)
|
(18)
|
(17)
|
(22)
|
(42)
|
(53)
|
(53)
|
(70)
|
(63)
|
(67)
|
(96)
|
(116)
|
(137)
|
(156)
|
(159)
|
|
Depreciation & Amortization |
(25)
|
(28)
|
(33)
|
(39)
|
(48)
|
(56)
|
(59)
|
(61)
|
(60)
|
(59)
|
(60)
|
(63)
|
(65)
|
(82)
|
(103)
|
(125)
|
(149)
|
(160)
|
(168)
|
(175)
|
(178)
|
(174)
|
(172)
|
(169)
|
(167)
|
(167)
|
(153)
|
(137)
|
(121)
|
(112)
|
(162)
|
(208)
|
(212)
|
(282)
|
(282)
|
(287)
|
(378)
|
(467)
|
(550)
|
(633)
|
(631)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
(1)
|
(60)
|
(60)
|
0
|
(1)
|
(26)
|
(26)
|
3
|
(2)
|
0
|
0
|
0
|
(4)
|
(17)
|
(17)
|
(17)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(5)
|
(1)
|
(3)
|
(5)
|
(8)
|
(5)
|
(9)
|
(9)
|
(8)
|
|
Operating Income |
15
N/A
|
20
+32%
|
25
+26%
|
23
-5%
|
19
-17%
|
(52)
N/A
|
(62)
-20%
|
(10)
+83%
|
(16)
-52%
|
(46)
-192%
|
(48)
-5%
|
(18)
+62%
|
(16)
+12%
|
(8)
+48%
|
(6)
+33%
|
(11)
-89%
|
(3)
+75%
|
5
N/A
|
32
+572%
|
70
+123%
|
62
-12%
|
64
+4%
|
59
-9%
|
36
-38%
|
60
+66%
|
37
-38%
|
(5)
N/A
|
(13)
-191%
|
(29)
-115%
|
1
N/A
|
84
+7 515%
|
141
+68%
|
211
+50%
|
330
+56%
|
459
+39%
|
535
+16%
|
511
-4%
|
445
-13%
|
310
-30%
|
345
+11%
|
355
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(7)
|
(9)
|
(7)
|
(5)
|
7
|
8
|
6
|
18
|
16
|
19
|
13
|
(1)
|
(14)
|
(12)
|
4
|
3
|
2
|
(21)
|
(47)
|
(59)
|
1
|
(18)
|
(3)
|
2
|
(46)
|
36
|
17
|
18
|
17
|
(73)
|
(115)
|
(142)
|
(95)
|
(179)
|
(118)
|
(57)
|
(89)
|
(44)
|
(68)
|
(159)
|
(88)
|
|
Non-Reccuring Items |
9
|
9
|
9
|
9
|
(60)
|
0
|
0
|
(89)
|
(26)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(68)
|
(449)
|
(449)
|
(449)
|
(398)
|
(17)
|
285
|
286
|
395
|
395
|
95
|
95
|
3
|
0
|
3
|
1
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
(1)
|
(1)
|
2
|
3
|
3
|
3
|
0
|
(0)
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
11
|
19
|
26
|
27
|
9
|
9
|
3
|
5
|
19
|
0
|
19
|
(77)
|
(126)
|
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
19
|
0
|
0
|
0
|
|
Pre-Tax Income |
17
N/A
|
19
+13%
|
26
+38%
|
30
+17%
|
(31)
N/A
|
(40)
-30%
|
(53)
-32%
|
(81)
-51%
|
(26)
+68%
|
(27)
-4%
|
(35)
-30%
|
(19)
+45%
|
(32)
-71%
|
(21)
+35%
|
(3)
+87%
|
(9)
-244%
|
(18)
-88%
|
(16)
+8%
|
(16)
+1%
|
12
N/A
|
59
+401%
|
48
-19%
|
57
+19%
|
39
-32%
|
(53)
N/A
|
(376)
-604%
|
(437)
-16%
|
(445)
-2%
|
(399)
+10%
|
(70)
+83%
|
280
N/A
|
313
+12%
|
520
+66%
|
556
+7%
|
439
-21%
|
578
+32%
|
445
-23%
|
420
-6%
|
263
-37%
|
111
-58%
|
141
+28%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(3)
|
(4)
|
(6)
|
6
|
8
|
14
|
19
|
8
|
9
|
9
|
5
|
5
|
2
|
(4)
|
(1)
|
4
|
3
|
3
|
(5)
|
(21)
|
(18)
|
(14)
|
(9)
|
14
|
91
|
99
|
101
|
88
|
10
|
(74)
|
(81)
|
(129)
|
(139)
|
(109)
|
(143)
|
(99)
|
(98)
|
(60)
|
(23)
|
(47)
|
|
Income from Continuing Operations |
15
|
16
|
22
|
25
|
(25)
|
(32)
|
(40)
|
(61)
|
(17)
|
(18)
|
(26)
|
(14)
|
(28)
|
(20)
|
(6)
|
(10)
|
(14)
|
(13)
|
(13)
|
7
|
38
|
30
|
44
|
31
|
(39)
|
(285)
|
(338)
|
(344)
|
(311)
|
(60)
|
206
|
232
|
391
|
417
|
330
|
435
|
345
|
321
|
203
|
87
|
94
|
|
Net Income (Common) |
15
N/A
|
16
+10%
|
22
+33%
|
25
+14%
|
(25)
N/A
|
(32)
-28%
|
(40)
-23%
|
(61)
-55%
|
(17)
+72%
|
(18)
-3%
|
(26)
-46%
|
(14)
+45%
|
(28)
-94%
|
(20)
+29%
|
(6)
+69%
|
(10)
-56%
|
(14)
-43%
|
(13)
+8%
|
(13)
N/A
|
7
N/A
|
38
+455%
|
30
-21%
|
44
+44%
|
31
-30%
|
(39)
N/A
|
(285)
-632%
|
(338)
-18%
|
(344)
-2%
|
(311)
+9%
|
(60)
+81%
|
206
N/A
|
232
+13%
|
391
+69%
|
417
+7%
|
330
-21%
|
435
+32%
|
345
-21%
|
321
-7%
|
203
-37%
|
87
-57%
|
94
+8%
|
|
EPS (Diluted) |
0.32
N/A
|
0.3
-6%
|
0.34
+13%
|
0.38
+12%
|
-0.4
N/A
|
-0.41
-2%
|
-0.46
-12%
|
-0.61
-33%
|
-0.19
+69%
|
-0.19
N/A
|
-0.22
-16%
|
-0.12
+45%
|
-0.23
-92%
|
-0.08
+65%
|
-0.02
+75%
|
-0.04
-100%
|
-0.06
-50%
|
-0.06
N/A
|
-0.06
N/A
|
0.03
N/A
|
0.17
+467%
|
0.14
-18%
|
0.2
+43%
|
0.14
-30%
|
-0.17
N/A
|
-1.29
-659%
|
-1.52
-18%
|
-1.55
-2%
|
-1.4
+10%
|
-0.22
+84%
|
0.54
N/A
|
0.57
+6%
|
1.08
+89%
|
0.97
-10%
|
0.75
-23%
|
0.98
+31%
|
0.74
-24%
|
0.57
-23%
|
0.36
-37%
|
0.16
-56%
|
0.17
+6%
|