
Labrador Iron Ore Royalty Corp
TSX:LIF

Income Statement
Earnings Waterfall
Labrador Iron Ore Royalty Corp
Revenue
|
209m
CAD
|
Cost of Revenue
|
-41.2m
CAD
|
Gross Profit
|
167.8m
CAD
|
Operating Expenses
|
-9.3m
CAD
|
Operating Income
|
158.5m
CAD
|
Other Expenses
|
16.5m
CAD
|
Net Income
|
175m
CAD
|
Income Statement
Labrador Iron Ore Royalty Corp
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 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
117
N/A
|
114
-3%
|
104
-9%
|
105
+1%
|
102
-4%
|
100
-1%
|
102
+2%
|
98
-4%
|
115
+17%
|
136
+18%
|
145
+6%
|
157
+8%
|
159
+1%
|
150
-6%
|
121
-19%
|
125
+3%
|
131
+5%
|
136
+4%
|
184
+35%
|
185
+1%
|
178
-4%
|
187
+5%
|
181
-4%
|
187
+4%
|
202
+8%
|
220
+9%
|
252
+15%
|
274
+9%
|
280
+2%
|
268
-4%
|
255
-5%
|
245
-4%
|
233
-5%
|
226
-3%
|
211
-7%
|
195
-8%
|
201
+3%
|
211
+5%
|
212
+1%
|
207
-3%
|
209
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(23)
|
(22)
|
(20)
|
(21)
|
(20)
|
(20)
|
(20)
|
(19)
|
(23)
|
(27)
|
(29)
|
(31)
|
(31)
|
(29)
|
(24)
|
(25)
|
(26)
|
(27)
|
(36)
|
(37)
|
(35)
|
(37)
|
(36)
|
(37)
|
(40)
|
(44)
|
(50)
|
(54)
|
(56)
|
(53)
|
(51)
|
(49)
|
(46)
|
(45)
|
(42)
|
(38)
|
(40)
|
(42)
|
(42)
|
(41)
|
(41)
|
|
Gross Profit |
94
N/A
|
92
-3%
|
84
-9%
|
85
+1%
|
82
-4%
|
81
-1%
|
82
+2%
|
79
-4%
|
93
+17%
|
109
+18%
|
116
+6%
|
126
+8%
|
127
+1%
|
120
-6%
|
97
-19%
|
100
+3%
|
105
+5%
|
109
+4%
|
148
+35%
|
149
+1%
|
143
-4%
|
150
+5%
|
145
-4%
|
150
+4%
|
162
+8%
|
176
+9%
|
202
+15%
|
220
+9%
|
224
+2%
|
215
-4%
|
205
-5%
|
196
-4%
|
187
-5%
|
181
-3%
|
169
-7%
|
156
-8%
|
162
+3%
|
169
+5%
|
170
+1%
|
166
-2%
|
168
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
|
Selling, General & Administrative |
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Depreciation & Amortization |
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(6)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
88
N/A
|
85
-4%
|
76
-10%
|
77
+1%
|
74
-4%
|
73
-2%
|
74
+2%
|
72
-4%
|
85
+18%
|
101
+19%
|
107
+7%
|
116
+8%
|
118
+2%
|
111
-6%
|
89
-20%
|
92
+4%
|
96
+5%
|
100
+4%
|
138
+38%
|
139
+1%
|
134
-4%
|
141
+6%
|
136
-4%
|
141
+4%
|
153
+8%
|
167
+9%
|
193
+16%
|
211
+9%
|
215
+2%
|
206
-4%
|
195
-5%
|
186
-4%
|
177
-5%
|
172
-3%
|
160
-7%
|
147
-8%
|
153
+4%
|
160
+5%
|
161
+1%
|
157
-3%
|
159
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
40
|
25
|
11
|
2
|
2
|
5
|
0
|
6
|
25
|
47
|
62
|
76
|
74
|
67
|
46
|
56
|
57
|
65
|
105
|
106
|
112
|
114
|
109
|
112
|
126
|
158
|
196
|
221
|
230
|
213
|
194
|
180
|
154
|
136
|
102
|
78
|
85
|
97
|
102
|
89
|
61
|
|
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
|
0
|
0
|
0
|
|
Pre-Tax Income |
128
N/A
|
110
-14%
|
87
-21%
|
79
-9%
|
77
-3%
|
78
+1%
|
75
-4%
|
77
+3%
|
109
+42%
|
148
+36%
|
170
+14%
|
192
+13%
|
192
+0%
|
178
-8%
|
135
-24%
|
148
+9%
|
153
+4%
|
165
+8%
|
243
+47%
|
246
+1%
|
246
+0%
|
256
+4%
|
245
-4%
|
253
+3%
|
279
+10%
|
325
+17%
|
389
+20%
|
432
+11%
|
445
+3%
|
419
-6%
|
389
-7%
|
367
-6%
|
331
-10%
|
307
-7%
|
262
-15%
|
225
-14%
|
237
+5%
|
257
+8%
|
263
+2%
|
246
-7%
|
219
-11%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(24)
|
(23)
|
(21)
|
(23)
|
(22)
|
(22)
|
(26)
|
(27)
|
(31)
|
(38)
|
(36)
|
(35)
|
(35)
|
(33)
|
(26)
|
(24)
|
(25)
|
(27)
|
(41)
|
(44)
|
(41)
|
(43)
|
(44)
|
(52)
|
(52)
|
(58)
|
(60)
|
(57)
|
(65)
|
(62)
|
(65)
|
(68)
|
(66)
|
(61)
|
(53)
|
(46)
|
(51)
|
(55)
|
(53)
|
(51)
|
(44)
|
|
Income from Continuing Operations |
104
|
87
|
67
|
57
|
55
|
56
|
48
|
51
|
78
|
110
|
134
|
157
|
157
|
145
|
109
|
123
|
129
|
138
|
202
|
201
|
205
|
213
|
200
|
201
|
227
|
267
|
329
|
376
|
380
|
356
|
325
|
299
|
265
|
246
|
209
|
179
|
186
|
202
|
210
|
195
|
175
|
|
Net Income (Common) |
104
N/A
|
87
-16%
|
67
-23%
|
57
-15%
|
55
-3%
|
56
+2%
|
48
-13%
|
51
+4%
|
78
+54%
|
110
+41%
|
134
+22%
|
157
+17%
|
157
+0%
|
145
-8%
|
109
-25%
|
123
+13%
|
129
+4%
|
138
+7%
|
202
+47%
|
201
0%
|
205
+2%
|
213
+4%
|
200
-6%
|
201
+0%
|
227
+13%
|
267
+18%
|
329
+23%
|
376
+14%
|
380
+1%
|
356
-6%
|
325
-9%
|
299
-8%
|
265
-11%
|
246
-7%
|
209
-15%
|
179
-14%
|
186
+4%
|
202
+8%
|
210
+4%
|
195
-8%
|
175
-10%
|
|
EPS (Diluted) |
1.63
N/A
|
1.39
-15%
|
1.05
-24%
|
0.89
-15%
|
0.85
-4%
|
0.87
+2%
|
0.76
-13%
|
0.79
+4%
|
1.22
+54%
|
1.72
+41%
|
2.09
+22%
|
2.45
+17%
|
2.46
+0%
|
2.26
-8%
|
1.71
-24%
|
1.93
+13%
|
2.01
+4%
|
2.15
+7%
|
3.15
+47%
|
3.14
0%
|
3.21
+2%
|
3.32
+3%
|
3.09
-7%
|
3.13
+1%
|
3.55
+13%
|
4.17
+17%
|
5.13
+23%
|
5.87
+14%
|
5.93
+1%
|
5.57
-6%
|
5.08
-9%
|
4.68
-8%
|
4.15
-11%
|
3.85
-7%
|
3.24
-16%
|
2.8
-14%
|
2.91
+4%
|
3.15
+8%
|
3.28
+4%
|
3.06
-7%
|
2.73
-11%
|