Evertz Technologies Ltd
TSX:ET

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Evertz Technologies Ltd Logo
Evertz Technologies Ltd
TSX:ET
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Price: 12.04 CAD Market Closed
Market Cap: 915.3m CAD
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Income Statement

Earnings Waterfall
Evertz Technologies Ltd

Revenue
500.4m CAD
Cost of Revenue
-203.8m CAD
Gross Profit
296.7m CAD
Operating Expenses
-208.2m CAD
Operating Income
88.5m CAD
Other Expenses
-24.2m CAD
Net Income
64.2m CAD

Income Statement
Evertz Technologies Ltd

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Income Statement
Currency: CAD
Jul-2014 Oct-2014 Jan-2015 Apr-2015 Jul-2015 Oct-2015 Jan-2016 Apr-2016 Jul-2016 Oct-2016 Jan-2017 Apr-2017 Jul-2017 Oct-2017 Jan-2018 Apr-2018 Jul-2018 Oct-2018 Jan-2019 Apr-2019 Jul-2019 Oct-2019 Jan-2020 Apr-2020 Jul-2020 Oct-2020 Jan-2021 Apr-2021 Jul-2021 Oct-2021 Jan-2022 Apr-2022 Jul-2022 Oct-2022 Jan-2023 Apr-2023 Jul-2023 Oct-2023 Jan-2024 Apr-2024 Jul-2024
Revenue
Revenue
360
N/A
361
+0%
359
-1%
364
+1%
351
-4%
368
+5%
377
+2%
382
+1%
384
+1%
383
0%
374
-2%
384
+3%
406
+6%
408
+0%
417
+2%
403
-3%
397
-1%
408
+3%
429
+5%
444
+3%
444
+0%
451
+2%
452
+0%
437
-3%
390
-11%
370
-5%
342
-8%
343
+0%
384
+12%
390
+2%
418
+7%
441
+5%
445
+1%
451
+1%
442
-2%
455
+3%
479
+5%
496
+4%
521
+5%
515
-1%
500
-3%
Gross Profit
Cost of Revenue
(154)
(156)
(156)
(158)
(152)
(159)
(162)
(164)
(164)
(164)
(161)
(166)
(177)
(179)
(183)
(180)
(176)
(180)
(190)
(190)
(190)
(193)
(193)
(188)
(168)
(158)
(146)
(144)
(160)
(165)
(176)
(186)
(188)
(188)
(182)
(186)
(197)
(204)
(214)
(212)
(204)
Gross Profit
205
N/A
205
0%
203
-1%
206
+2%
198
-4%
209
+6%
215
+3%
217
+1%
219
+1%
219
0%
213
-3%
218
+2%
229
+5%
229
0%
234
+2%
223
-5%
221
-1%
228
+3%
240
+5%
253
+6%
254
+0%
259
+2%
259
+0%
248
-4%
221
-11%
212
-4%
196
-7%
199
+2%
224
+12%
225
+1%
243
+8%
255
+5%
257
+1%
264
+2%
260
-1%
268
+3%
282
+5%
292
+4%
306
+5%
302
-1%
297
-2%
Operating Income
Operating Expenses
(115)
(117)
(118)
(119)
(121)
(122)
(123)
(124)
(125)
(128)
(131)
(135)
(139)
(142)
(142)
(148)
(149)
(151)
(155)
(153)
(157)
(160)
(163)
(159)
(148)
(137)
(127)
(127)
(136)
(146)
(154)
(161)
(163)
(166)
(171)
(175)
(182)
(189)
(193)
(202)
(208)
Selling, General & Administrative
(60)
(61)
(61)
(62)
(63)
(63)
(63)
(64)
(64)
(65)
(67)
(67)
(68)
(70)
(69)
(70)
(70)
(70)
(72)
(72)
(74)
(75)
(76)
(68)
(62)
(56)
(49)
(51)
(53)
(55)
(59)
(62)
(61)
(60)
(61)
(62)
(66)
(68)
(70)
(73)
(74)
Research & Development
(63)
(63)
(64)
(64)
(65)
(66)
(67)
(67)
(68)
(70)
(71)
(74)
(76)
(78)
(80)
(81)
(83)
(84)
(85)
(86)
(87)
(89)
(91)
(96)
(90)
(87)
(87)
(85)
(92)
(97)
(99)
(101)
(105)
(108)
(114)
(117)
(121)
(125)
(129)
(136)
(141)
Depreciation & Amortization
(4)
(4)
(3)
(3)
(3)
(3)
(4)
(3)
(3)
(3)
(3)
(4)
(4)
(4)
(4)
(3)
(3)
(3)
(3)
(3)
(4)
(4)
(4)
(4)
(4)
(4)
(3)
(4)
(5)
(7)
(9)
(10)
(10)
(10)
(9)
(9)
(9)
(9)
(9)
(8)
(9)
Other Operating Expenses
12
11
11
10
10
10
11
11
11
11
10
9
9
10
10
7
6
5
5
8
8
8
8
8
7
10
12
13
14
13
12
12
13
13
13
13
14
14
14
15
15
Operating Income
90
N/A
88
-3%
85
-4%
87
+3%
78
-11%
88
+13%
92
+5%
94
+2%
94
+0%
91
-3%
82
-10%
83
+0%
91
+10%
88
-4%
92
+5%
75
-18%
71
-6%
77
+8%
85
+10%
100
+18%
97
-3%
99
+2%
96
-3%
89
-7%
74
-18%
75
+2%
69
-8%
73
+6%
88
+20%
79
-10%
88
+11%
95
+7%
94
-1%
98
+4%
89
-9%
94
+5%
100
+6%
104
+4%
113
+9%
100
-11%
88
-12%
Pre-Tax Income
Interest Income Expense
5
6
8
2
10
8
8
3
2
7
(5)
11
(4)
(5)
(5)
(4)
5
3
6
4
1
(1)
(1)
3
2
1
(4)
(17)
(12)
(9)
(3)
3
2
2
(2)
(7)
(10)
(11)
(10)
(2)
1
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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
0
0
0
0
0
1
1
0
0
0
(0)
(0)
(0)
(0)
2
2
2
2
1
1
1
1
(0)
0
0
(1)
(1)
(1)
(1)
0
(0)
0
0
(0)
1
1
1
1
1
(1)
(0)
Pre-Tax Income
96
N/A
94
-2%
93
-1%
89
-4%
88
-2%
95
+8%
100
+5%
97
-4%
97
0%
98
+1%
77
-21%
94
+21%
87
-7%
82
-5%
89
+8%
73
-18%
78
+7%
82
+5%
92
+12%
105
+14%
100
-5%
99
0%
96
-4%
92
-4%
75
-18%
76
+1%
64
-16%
56
-13%
75
+34%
70
-6%
85
+21%
98
+15%
97
-1%
100
+3%
88
-13%
88
+0%
91
+3%
94
+4%
104
+10%
97
-6%
89
-9%
Net Income
Tax Provision
(24)
(24)
(23)
(23)
(23)
(25)
(27)
(26)
(26)
(26)
(20)
(24)
(22)
(21)
(23)
(19)
(20)
(21)
(24)
(27)
(25)
(25)
(24)
(23)
(18)
(19)
(16)
(14)
(19)
(18)
(22)
(25)
(25)
(26)
(23)
(23)
(24)
(25)
(28)
(26)
(24)
Income from Continuing Operations
71
70
70
66
65
71
74
71
71
72
57
70
64
61
66
54
58
61
68
79
74
74
72
69
57
57
48
42
56
52
63
73
72
75
65
65
67
69
76
71
65
Income to Minority Interest
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(0)
(0)
(1)
(0)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(0)
(0)
(0)
(0)
(0)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
Net Income (Common)
71
N/A
70
-2%
69
0%
66
-5%
64
-2%
70
+8%
73
+5%
70
-4%
70
N/A
71
+2%
57
-20%
69
+22%
64
-8%
61
-5%
65
+8%
53
-19%
57
+8%
60
+5%
68
+12%
78
+15%
74
-5%
74
+0%
71
-3%
69
-4%
56
-18%
57
+1%
48
-16%
42
-12%
56
+34%
52
-7%
63
+21%
72
+14%
71
-1%
74
+4%
65
-13%
64
-1%
66
+3%
68
+3%
75
+10%
70
-6%
64
-8%
EPS (Diluted)
0.96
N/A
0.94
-2%
0.93
-1%
0.87
-6%
0.87
N/A
0.94
+8%
0.98
+4%
0.94
-4%
0.94
N/A
0.95
+1%
0.76
-20%
0.92
+21%
0.84
-9%
0.8
-5%
0.86
+7%
0.7
-19%
0.76
+9%
0.8
+5%
0.89
+11%
1.02
+15%
0.96
-6%
0.96
N/A
0.93
-3%
0.9
-3%
0.74
-18%
0.75
+1%
0.63
-16%
0.55
-13%
0.73
+33%
0.67
-8%
0.82
+22%
0.94
+15%
0.93
-1%
0.96
+3%
0.84
-13%
0.84
N/A
0.86
+2%
0.89
+3%
0.98
+10%
0.91
-7%
0.83
-9%

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