Firm Capital Mortgage Investment Corp
TSX:FC
Income Statement
Earnings Waterfall
Firm Capital Mortgage Investment Corp
Revenue
|
70.6m
CAD
|
Cost of Revenue
|
-19.4m
CAD
|
Gross Profit
|
51.2m
CAD
|
Operating Expenses
|
-1.7m
CAD
|
Operating Income
|
49.5m
CAD
|
Other Expenses
|
-15.1m
CAD
|
Net Income
|
34.4m
CAD
|
Income Statement
Firm Capital Mortgage Investment Corp
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 |
30
N/A
|
31
+1%
|
31
0%
|
31
+2%
|
32
+3%
|
34
+6%
|
35
+3%
|
36
+2%
|
36
+1%
|
36
-1%
|
39
+8%
|
40
+2%
|
41
+4%
|
43
+5%
|
43
+0%
|
45
+5%
|
47
+4%
|
47
+0%
|
47
+0%
|
48
+1%
|
48
0%
|
47
-1%
|
46
-3%
|
45
-2%
|
43
-3%
|
44
+2%
|
45
+2%
|
45
+1%
|
47
+3%
|
48
+3%
|
49
+2%
|
51
+5%
|
56
+9%
|
60
+8%
|
67
+11%
|
70
+5%
|
71
+1%
|
72
+1%
|
69
-4%
|
69
-1%
|
71
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(10)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(16)
|
(17)
|
(18)
|
(19)
|
(19)
|
(19)
|
(19)
|
(18)
|
(17)
|
(16)
|
(15)
|
(15)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(17)
|
(18)
|
(19)
|
(20)
|
(20)
|
(21)
|
(20)
|
(21)
|
(20)
|
(19)
|
(19)
|
|
Gross Profit |
20
N/A
|
20
+1%
|
20
-1%
|
20
0%
|
20
+1%
|
22
+6%
|
22
+1%
|
23
+3%
|
23
+2%
|
22
-3%
|
25
+12%
|
25
+0%
|
26
+2%
|
27
+4%
|
26
-3%
|
27
+5%
|
28
+5%
|
28
+0%
|
29
+1%
|
30
+3%
|
30
+3%
|
31
+2%
|
31
-1%
|
30
-1%
|
29
-4%
|
30
+2%
|
31
+3%
|
31
+1%
|
32
+3%
|
33
+2%
|
32
-1%
|
34
+4%
|
37
+10%
|
41
+10%
|
46
+14%
|
50
+7%
|
51
+2%
|
51
+1%
|
50
-3%
|
49
0%
|
51
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(4)
|
(1)
|
(3)
|
(3)
|
(5)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Selling, General & Administrative |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
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
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
19
N/A
|
20
+3%
|
19
-1%
|
19
N/A
|
20
+2%
|
21
+6%
|
20
-3%
|
21
+3%
|
22
+6%
|
21
-3%
|
24
+12%
|
24
+0%
|
25
+2%
|
26
+4%
|
25
-4%
|
26
+5%
|
27
+5%
|
27
+0%
|
28
+1%
|
29
+3%
|
29
+2%
|
30
+2%
|
29
-1%
|
29
-1%
|
27
-7%
|
28
+2%
|
29
+4%
|
29
+2%
|
31
+6%
|
31
+1%
|
29
-9%
|
32
+13%
|
34
+6%
|
37
+9%
|
41
+10%
|
46
+13%
|
48
+5%
|
50
+2%
|
48
-4%
|
48
0%
|
49
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
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)
|
0
|
(1)
|
(3)
|
(2)
|
0
|
(4)
|
(5)
|
(6)
|
(7)
|
(5)
|
(3)
|
|
Non-Reccuring Items |
0
|
(0)
|
0
|
0
|
(0)
|
(1)
|
0
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
1
|
2
|
0
|
1
|
(3)
|
(8)
|
(9)
|
(9)
|
(10)
|
(7)
|
(8)
|
(12)
|
|
Pre-Tax Income |
19
N/A
|
20
+3%
|
19
-1%
|
19
N/A
|
20
+1%
|
20
+2%
|
20
+1%
|
21
+3%
|
21
+2%
|
21
0%
|
23
+10%
|
24
+2%
|
24
+2%
|
25
+3%
|
24
-2%
|
25
+2%
|
26
+4%
|
26
0%
|
26
+1%
|
27
+3%
|
27
+3%
|
28
+2%
|
28
-1%
|
27
-1%
|
26
-6%
|
26
+2%
|
27
+4%
|
28
+2%
|
30
+6%
|
30
+1%
|
31
+2%
|
31
+3%
|
32
+2%
|
32
+1%
|
33
+3%
|
33
+1%
|
34
+1%
|
34
+1%
|
34
0%
|
34
+0%
|
34
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
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
|
|
Income from Continuing Operations |
19
|
20
|
19
|
19
|
20
|
20
|
20
|
21
|
21
|
21
|
23
|
24
|
24
|
25
|
24
|
25
|
26
|
26
|
26
|
27
|
27
|
28
|
28
|
27
|
26
|
26
|
27
|
28
|
30
|
30
|
31
|
31
|
32
|
32
|
33
|
33
|
34
|
34
|
34
|
34
|
34
|
|
Net Income (Common) |
19
N/A
|
20
+3%
|
19
-1%
|
19
N/A
|
20
+1%
|
20
+2%
|
20
+1%
|
21
+3%
|
21
+2%
|
21
0%
|
23
+10%
|
24
+2%
|
24
+2%
|
25
+3%
|
24
-2%
|
25
+2%
|
26
+4%
|
26
0%
|
26
+1%
|
27
+3%
|
27
+3%
|
28
+2%
|
28
-1%
|
27
-1%
|
26
-6%
|
26
+2%
|
27
+4%
|
28
+2%
|
30
+6%
|
30
+1%
|
31
+2%
|
31
+3%
|
32
+2%
|
32
+1%
|
33
+3%
|
33
+1%
|
34
+1%
|
34
+1%
|
34
0%
|
34
+0%
|
34
+1%
|
|
EPS (Diluted) |
0.77
N/A
|
0.79
+3%
|
0.78
-1%
|
0.73
-6%
|
0.73
N/A
|
0.77
+5%
|
0.71
-8%
|
0.69
-3%
|
0.69
N/A
|
0.7
+1%
|
0.68
-3%
|
0.69
+1%
|
0.67
-3%
|
0.71
+6%
|
0.64
-10%
|
0.66
+3%
|
0.66
N/A
|
0.7
+6%
|
0.67
-4%
|
0.67
N/A
|
0.69
+3%
|
0.71
+3%
|
0.96
+35%
|
0.71
-26%
|
0.88
+24%
|
0.86
-2%
|
0.7
-19%
|
0.71
+1%
|
0.7
-1%
|
0.74
+6%
|
0.85
+15%
|
0.72
-15%
|
0.73
+1%
|
0.78
+7%
|
0.77
-1%
|
0.8
+4%
|
0.82
+2%
|
0.83
+1%
|
0.85
+2%
|
0.98
+15%
|
0.87
-11%
|