TWC Enterprises Limited (TSX:TWC)

TWC Enterprises Income Statement

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	216.36	241.56	225.87	186.51	174.01	127.22
Other Revenue	4.72	4.54	4.6	4.29	4.4	4.59
Revenue	221.07	246.1	230.47	190.81	178.42	131.8
Revenue Growth (YoY)	-17.14%	6.78%	20.79%	6.94%	35.37%	-21.91%
Cost of Revenue	133.32	167.11	154.59	107.22	105.79	69.81
Gross Profit	87.76	78.99	75.88	83.59	72.63	61.99
Selling, General & Admin	16.57	16.99	16.98	16.97	13.59	13.93
Other Operating Expenses	13.64	13.4	14.23	13.75	11.51	11.52
Operating Expenses	44.23	44.66	45.41	48.58	44.54	44.69
Operating Income	43.53	34.33	30.47	35.01	28.09	17.3
Interest Expense	-1.19	-1.33	-2.33	-7.88	-6.98	-9.92
Interest & Investment Income	12.35	13.1	11.3	8.69	6.66	6.31
Earnings From Equity Investments	-0.05	-0.05	-0.12	0.46	1.27	0.12
Currency Exchange Gain (Loss)	0.35	-0.49	0.66	0.25	-0.21	1.26
Other Non Operating Income (Expenses)	0.69	0.37	-1.59	-0.26	-10.97	-0.69
EBT Excluding Unusual Items	55.68	45.92	38.4	36.26	17.87	14.37
Merger & Restructuring Charges	-0.62	-	-	-	-	-
Gain (Loss) on Sale of Investments	16.48	0.84	-14.84	-9.4	39.67	-23.55
Gain (Loss) on Sale of Assets	7.99	8.21	1.18	0.38	40.3	1.42
Other Unusual Items	-	-	6.62	-	9.28	11.95
Pretax Income	79.54	55.83	31.55	27.82	110.94	4.18
Income Tax Expense	18.84	15.23	9.51	9.16	21.29	3.21
Earnings From Continuing Operations	60.7	40.6	22.04	18.67	89.65	0.97
Net Income to Company	60.7	40.6	22.04	18.67	89.65	0.97
Minority Interest in Earnings	0.25	0.25	0.88	0.1	0.3	-
Net Income	60.95	40.85	22.93	18.76	89.94	0.97
Net Income to Common	60.95	40.85	22.93	18.76	89.94	0.97
Net Income Growth	140.71%	78.16%	22.20%	-79.14%	9162.82%	-80.20%
Shares Outstanding (Basic)	24	24	25	25	25	26
Shares Outstanding (Diluted)	24	24	25	25	25	26
Shares Change (YoY)	-0.62%	-0.58%	0.19%	-0.45%	-5.14%	-4.17%
EPS (Basic)	2.50	1.67	0.93	0.76	3.65	0.04
EPS (Diluted)	2.50	1.67	0.93	0.76	3.65	0.04
EPS Growth	142.20%	79.20%	21.97%	-79.05%	9665.08%	-79.34%
Free Cash Flow	46.92	62.92	23.26	-1.07	44.46	23.11
Free Cash Flow Per Share	1.93	2.58	0.95	-0.04	1.80	0.89
Dividend Per Share	0.330	0.300	0.200	0.140	0.080	0.080
Dividend Growth	32.00%	50.00%	42.86%	75.00%	-	-
Gross Margin	39.70%	32.10%	32.92%	43.81%	40.71%	47.03%
Operating Margin	19.69%	13.95%	13.22%	18.35%	15.75%	13.13%
Profit Margin	27.57%	16.60%	9.95%	9.83%	50.41%	0.74%
Free Cash Flow Margin	21.22%	25.57%	10.09%	-0.56%	24.92%	17.54%
EBITDA	56.82	47.46	43.62	48.82	42.43	31.39
EBITDA Margin	25.70%	19.29%	18.92%	25.58%	23.78%	23.82%
D&A For EBITDA	13.29	13.14	13.14	13.8	14.33	14.1
EBIT	43.53	34.33	30.47	35.01	28.09	17.3
EBIT Margin	19.69%	13.95%	13.22%	18.35%	15.75%	13.13%
Effective Tax Rate	23.68%	27.28%	30.14%	32.91%	19.19%	76.77%
Revenue as Reported	221.07	246.1	230.47	190.81	178.42	131.8

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.