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ADENTRA Inc
TSX:ADEN

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ADENTRA Inc
TSX:ADEN
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Price: 36.64 CAD 2.75% Market Closed
Market Cap: 916.7m CAD
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Income Statement

Earnings Waterfall
ADENTRA Inc

Revenue
2.2B USD
Cost of Revenue
-1.7B USD
Gross Profit
470.2m USD
Operating Expenses
-368.8m USD
Operating Income
101.4m USD
Other Expenses
-54.3m USD
Net Income
47.1m USD

Income Statement
ADENTRA Inc

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Income Statement
Currency: USD
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 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
399
N/A
413
+3%
430
+4%
438
+2%
442
+1%
447
+1%
453
+1%
459
+1%
523
+14%
596
+14%
678
+14%
762
+12%
789
+3%
806
+2%
824
+2%
849
+3%
864
+2%
875
+1%
877
+0%
874
0%
873
0%
884
+1%
909
+3%
895
-2%
910
+2%
928
+2%
978
+5%
1 103
+13%
1 337
+21%
1 616
+21%
1 970
+22%
2 332
+18%
2 520
+8%
2 580
+2%
2 515
-3%
2 400
-5%
2 299
-4%
2 239
-3%
2 195
-2%
2 158
-2%
2 168
+0%
Gross Profit
Cost of Revenue
(329)
(341)
(357)
(363)
(366)
(369)
(374)
(377)
(428)
(487)
(553)
(621)
(643)
(658)
(674)
(696)
(710)
(720)
(722)
(719)
(717)
(724)
(741)
(726)
(737)
(750)
(788)
(879)
(1 042)
(1 243)
(1 507)
(1 792)
(1 957)
(2 023)
(1 989)
(1 909)
(1 828)
(1 773)
(1 727)
(1 691)
(1 698)
Gross Profit
70
N/A
71
+2%
73
+3%
75
+2%
76
+2%
78
+3%
80
+2%
82
+2%
95
+16%
109
+15%
125
+15%
141
+13%
145
+3%
148
+2%
150
+1%
153
+2%
154
+1%
155
+1%
155
0%
155
0%
156
+1%
160
+3%
168
+5%
169
+0%
173
+3%
179
+3%
190
+6%
224
+18%
295
+32%
373
+26%
463
+24%
541
+17%
564
+4%
557
-1%
526
-6%
492
-7%
471
-4%
466
-1%
467
+0%
467
0%
470
+1%
Operating Income
Operating Expenses
(49)
(50)
(51)
(52)
(52)
(53)
(54)
(55)
(67)
(79)
(92)
(105)
(109)
(110)
(112)
(115)
(115)
(117)
(119)
(120)
(120)
(123)
(128)
(127)
(131)
(135)
(138)
(148)
(180)
(221)
(270)
(321)
(345)
(360)
(368)
(369)
(379)
(374)
(375)
(373)
(369)
Selling, General & Administrative
(49)
(49)
(51)
(52)
(52)
(52)
(54)
(55)
(67)
(77)
(92)
(105)
(109)
(108)
(112)
(114)
(115)
(114)
(119)
(120)
(120)
(122)
(128)
(127)
(131)
(133)
(138)
(148)
(180)
(217)
(266)
(319)
(345)
(353)
(361)
(357)
(362)
(346)
(342)
(330)
(314)
Depreciation & Amortization
0
(1)
0
0
0
(1)
0
0
0
(2)
0
0
0
(2)
0
0
0
(2)
0
0
0
(2)
0
0
0
(2)
0
0
0
(3)
0
0
0
(6)
(6)
(11)
(17)
(28)
(33)
(43)
(55)
Other Operating Expenses
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
(5)
(2)
0
0
0
0
0
0
0
0
0
Operating Income
21
N/A
21
+2%
23
+7%
23
+3%
24
+4%
25
+5%
26
+2%
26
+2%
28
+7%
29
+5%
32
+10%
37
+13%
37
+1%
38
+3%
38
+1%
38
+1%
39
+2%
39
-1%
37
-6%
35
-4%
36
+2%
36
+2%
40
+10%
41
+3%
42
+2%
44
+4%
52
+18%
76
+48%
116
+52%
152
+32%
192
+26%
219
+14%
219
0%
197
-10%
158
-20%
122
-23%
92
-25%
92
+1%
92
0%
94
+2%
101
+8%
Pre-Tax Income
Interest Income Expense
(0)
(0)
(0)
(0)
0
0
(1)
(0)
(1)
(1)
(1)
(1)
(2)
(2)
(3)
(4)
(5)
(6)
(7)
(7)
(6)
(7)
(7)
(7)
(6)
(6)
(5)
(5)
(8)
(11)
(15)
(19)
(24)
(34)
(41)
(47)
(51)
(49)
(47)
(44)
(42)
Non-Reccuring Items
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
(2)
(4)
(4)
0
0
0
(1)
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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(2)
(3)
Pre-Tax Income
20
N/A
21
+2%
22
+8%
23
+3%
24
+4%
25
+5%
25
+0%
26
+2%
28
+7%
28
+3%
31
+11%
35
+12%
35
-1%
36
+3%
35
-1%
35
-3%
34
-2%
33
-3%
30
-8%
29
-5%
29
+3%
30
+0%
33
+13%
34
+4%
36
+3%
38
+7%
46
+21%
69
+50%
104
+51%
138
+33%
178
+29%
200
+13%
194
-3%
163
-16%
117
-28%
75
-36%
41
-46%
43
+5%
44
+2%
48
+8%
56
+18%
Net Income
Tax Provision
(8)
(8)
(9)
(9)
(9)
(10)
(10)
(10)
(11)
(10)
(11)
(11)
(11)
(13)
(12)
(11)
(10)
(8)
(7)
(7)
(8)
(7)
(9)
(9)
(8)
(10)
(12)
(18)
(27)
(35)
(44)
(49)
(47)
(34)
(23)
(13)
(1)
(7)
(7)
(3)
(9)
Income from Continuing Operations
13
13
14
14
15
16
15
16
17
18
21
24
24
23
23
24
24
25
23
21
22
22
25
26
27
28
34
51
77
103
134
151
147
129
95
62
40
36
37
45
47
Net Income (Common)
13
N/A
13
+1%
14
+9%
14
+3%
15
+5%
16
+5%
15
-3%
16
+1%
17
+6%
18
+9%
21
+15%
24
+15%
24
+1%
23
-4%
23
+1%
24
+1%
24
+1%
25
+2%
23
-8%
21
-7%
22
+3%
22
+3%
25
+11%
26
+5%
27
+4%
28
+3%
34
+21%
51
+50%
77
+51%
103
+34%
134
+30%
151
+13%
147
-3%
129
-13%
95
-26%
62
-34%
40
-35%
36
-11%
37
+3%
45
+21%
47
+5%
EPS (Diluted)
0.75
N/A
0.76
+1%
0.83
+9%
0.85
+2%
0.89
+5%
0.94
+6%
0.91
-3%
0.92
+1%
0.79
-14%
0.95
+20%
0.96
+1%
1.12
+17%
1.12
N/A
1.08
-4%
1.09
+1%
1.1
+1%
1.11
+1%
1.13
+2%
1.04
-8%
0.97
-7%
1
+3%
1.04
+4%
1.15
+11%
1.22
+6%
1.27
+4%
1.31
+3%
1.59
+21%
2.37
+49%
3.57
+51%
4.77
+34%
5.63
+18%
6.32
+12%
6.27
-1%
5.47
-13%
4.19
-23%
2.76
-34%
1.79
-35%
1.59
-11%
1.65
+4%
1.92
+16%
1.85
-4%

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