
Mainstreet Equity Corp
TSX:MEQ

Income Statement
Earnings Waterfall
Mainstreet Equity Corp
Revenue
|
259.1m
CAD
|
Cost of Revenue
|
-91.9m
CAD
|
Gross Profit
|
167.1m
CAD
|
Operating Expenses
|
-18.7m
CAD
|
Operating Income
|
148.4m
CAD
|
Other Expenses
|
39.1m
CAD
|
Net Income
|
187.6m
CAD
|
Income Statement
Mainstreet Equity 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 |
94
N/A
|
97
+3%
|
99
+2%
|
100
+2%
|
101
+1%
|
101
+0%
|
101
-1%
|
100
-1%
|
101
+0%
|
102
+1%
|
103
+2%
|
105
+1%
|
106
+1%
|
108
+2%
|
111
+3%
|
116
+4%
|
121
+5%
|
127
+4%
|
132
+4%
|
138
+4%
|
142
+3%
|
145
+2%
|
148
+2%
|
150
+1%
|
152
+1%
|
153
+1%
|
156
+2%
|
160
+3%
|
165
+3%
|
170
+3%
|
176
+3%
|
181
+3%
|
186
+3%
|
193
+4%
|
202
+4%
|
210
+4%
|
220
+5%
|
229
+4%
|
239
+4%
|
250
+5%
|
259
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(32)
|
(32)
|
(32)
|
(33)
|
(34)
|
(34)
|
(35)
|
(36)
|
(38)
|
(40)
|
(40)
|
(40)
|
(41)
|
(41)
|
(42)
|
(43)
|
(45)
|
(47)
|
(49)
|
(51)
|
(53)
|
(55)
|
(55)
|
(57)
|
(59)
|
(60)
|
(61)
|
(62)
|
(64)
|
(66)
|
(69)
|
(71)
|
(72)
|
(75)
|
(77)
|
(79)
|
(81)
|
(84)
|
(87)
|
(89)
|
(92)
|
|
Gross Profit |
62
N/A
|
65
+4%
|
66
+2%
|
67
+2%
|
68
+0%
|
67
0%
|
66
-2%
|
64
-3%
|
63
-1%
|
62
-2%
|
63
+2%
|
64
+2%
|
65
+1%
|
67
+3%
|
69
+2%
|
72
+5%
|
77
+6%
|
80
+4%
|
83
+4%
|
86
+4%
|
89
+3%
|
90
+2%
|
93
+2%
|
93
+1%
|
93
0%
|
94
+1%
|
95
+1%
|
98
+3%
|
101
+3%
|
104
+3%
|
107
+3%
|
110
+3%
|
114
+4%
|
118
+4%
|
125
+5%
|
131
+5%
|
138
+5%
|
145
+5%
|
152
+4%
|
160
+6%
|
167
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(9)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(15)
|
(15)
|
(16)
|
(16)
|
(17)
|
(18)
|
(18)
|
(19)
|
(19)
|
(18)
|
(19)
|
(19)
|
|
Selling, General & Administrative |
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(10)
|
(10)
|
(10)
|
(11)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(12)
|
(12)
|
(13)
|
(13)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(14)
|
(14)
|
(15)
|
(16)
|
(16)
|
(17)
|
(17)
|
(18)
|
(18)
|
(17)
|
(18)
|
(18)
|
|
Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
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 |
53
N/A
|
55
+4%
|
57
+3%
|
58
+3%
|
59
+1%
|
59
+0%
|
57
-3%
|
54
-6%
|
53
-2%
|
51
-3%
|
52
+1%
|
54
+4%
|
54
+1%
|
56
+4%
|
58
+3%
|
61
+5%
|
65
+6%
|
67
+4%
|
70
+5%
|
74
+5%
|
76
+3%
|
77
+2%
|
79
+2%
|
80
+1%
|
80
0%
|
81
+1%
|
82
+2%
|
85
+3%
|
87
+3%
|
89
+3%
|
92
+3%
|
94
+2%
|
97
+4%
|
101
+4%
|
107
+5%
|
113
+6%
|
119
+5%
|
126
+6%
|
133
+6%
|
141
+6%
|
148
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
31
|
29
|
(6)
|
28
|
16
|
(15)
|
(9)
|
(31)
|
(25)
|
3
|
(10)
|
52
|
61
|
76
|
117
|
31
|
29
|
29
|
8
|
(8)
|
(15)
|
(27)
|
(35)
|
1
|
(9)
|
(5)
|
193
|
174
|
192
|
214
|
28
|
45
|
47
|
33
|
45
|
24
|
77
|
84
|
79
|
94
|
76
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
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
|
|
Gain/Loss on Disposition of Assets |
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
|
4
|
4
|
4
|
3
|
0
|
0
|
1
|
2
|
2
|
2
|
2
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
2
|
2
|
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 |
84
N/A
|
84
+0%
|
51
-40%
|
86
+70%
|
74
-14%
|
44
-41%
|
48
+9%
|
23
-52%
|
28
+22%
|
56
+102%
|
44
-21%
|
108
+144%
|
117
+8%
|
132
+13%
|
175
+32%
|
91
-48%
|
94
+3%
|
96
+2%
|
78
-18%
|
66
-16%
|
61
-8%
|
51
-16%
|
44
-13%
|
80
+81%
|
71
-12%
|
76
+8%
|
276
+262%
|
259
-6%
|
279
+8%
|
304
+9%
|
124
-59%
|
143
+16%
|
148
+3%
|
138
-7%
|
152
+10%
|
138
-10%
|
196
+42%
|
212
+8%
|
214
+1%
|
238
+11%
|
226
-5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(16)
|
(18)
|
(19)
|
(21)
|
(23)
|
(17)
|
(12)
|
(6)
|
(6)
|
(9)
|
(8)
|
(17)
|
(19)
|
(21)
|
(28)
|
(18)
|
(19)
|
(19)
|
(15)
|
(7)
|
(2)
|
(1)
|
5
|
(12)
|
(13)
|
(12)
|
(41)
|
(33)
|
(36)
|
(41)
|
(20)
|
(23)
|
(25)
|
(24)
|
(26)
|
(29)
|
(33)
|
(36)
|
(88)
|
(38)
|
(39)
|
|
Income from Continuing Operations |
68
|
66
|
32
|
65
|
52
|
27
|
36
|
17
|
22
|
47
|
37
|
91
|
98
|
111
|
146
|
73
|
75
|
77
|
63
|
59
|
58
|
50
|
49
|
69
|
58
|
64
|
234
|
226
|
243
|
263
|
104
|
121
|
123
|
114
|
126
|
109
|
163
|
176
|
126
|
200
|
188
|
|
Net Income (Common) |
68
N/A
|
66
-2%
|
32
-52%
|
65
+102%
|
52
-20%
|
27
-47%
|
36
+33%
|
17
-53%
|
22
+28%
|
47
+113%
|
37
-21%
|
91
+146%
|
98
+8%
|
111
+13%
|
146
+32%
|
73
-50%
|
75
+3%
|
77
+2%
|
63
-18%
|
59
-7%
|
58
0%
|
50
-15%
|
49
-1%
|
69
+39%
|
58
-16%
|
64
+11%
|
234
+265%
|
226
-4%
|
243
+8%
|
263
+8%
|
104
-61%
|
121
+16%
|
123
+2%
|
114
-8%
|
126
+11%
|
109
-13%
|
163
+49%
|
176
+8%
|
126
-28%
|
200
+59%
|
188
-6%
|
|
EPS (Diluted) |
6.28
N/A
|
6.33
+1%
|
3.09
-51%
|
5.84
+89%
|
5.07
-13%
|
2.69
-47%
|
4
+49%
|
1.67
-58%
|
2.47
+48%
|
5.27
+113%
|
4.15
-21%
|
9.46
+128%
|
10.27
+9%
|
11.64
+13%
|
15.32
+32%
|
7.65
-50%
|
7.86
+3%
|
8.48
+8%
|
6.7
-21%
|
6.26
-7%
|
6.22
-1%
|
5.3
-15%
|
5.27
-1%
|
7.29
+38%
|
6.16
-16%
|
6.86
+11%
|
25.07
+265%
|
24.24
-3%
|
26.03
+7%
|
28.15
+8%
|
11.12
-60%
|
12.95
+16%
|
13.19
+2%
|
12.2
-8%
|
13.53
+11%
|
11.76
-13%
|
17.49
+49%
|
18.88
+8%
|
13.51
-28%
|
21.45
+59%
|
20.12
-6%
|