Waterloo Brewing Ltd
TSX:WBR

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Waterloo Brewing Ltd
TSX:WBR
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Price: 4.01 CAD 0.5% Market Closed
Market Cap: 144m CAD
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Income Statement

Earnings Waterfall
Waterloo Brewing Ltd

Revenue
105.1m CAD
Cost of Revenue
-82.4m CAD
Gross Profit
22.7m CAD
Operating Expenses
-17.9m CAD
Operating Income
4.8m CAD
Other Expenses
-2.8m CAD
Net Income
1.9m CAD

Income Statement
Waterloo Brewing Ltd

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Income Statement
Currency: CAD
Oct-2012 Jan-2013 Apr-2013 Jul-2013 Oct-2013 Jan-2014 Apr-2014 Jul-2014 Oct-2014 Jan-2015 Apr-2015 Jul-2015 Oct-2015 Jan-2016 May-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 May-2021 Aug-2021 Oct-2021 Jan-2022 May-2022 Jul-2022 Oct-2022
Revenue
Revenue
35
N/A
35
+1%
36
+2%
36
0%
38
+6%
38
0%
36
-3%
35
-3%
35
-1%
36
+3%
37
+0%
37
+2%
38
+2%
38
0%
39
+5%
42
+8%
44
+3%
45
+3%
47
+4%
49
+4%
50
+1%
50
+0%
45
-9%
46
+1%
48
+5%
50
+3%
55
+11%
56
+1%
58
+4%
60
+4%
63
+4%
70
+12%
77
+9%
87
+13%
94
+9%
104
+10%
108
+4%
112
+3%
111
-1%
106
-4%
105
-1%
Gross Profit
Cost of Revenue
(26)
(27)
(27)
(28)
(28)
(28)
(27)
(26)
(26)
(26)
(26)
(27)
(27)
(27)
(28)
(29)
(29)
(29)
(31)
(34)
(35)
(36)
(34)
(35)
(36)
(37)
(40)
(40)
(41)
(42)
(44)
(50)
(56)
(66)
(72)
(78)
(81)
(83)
(83)
(83)
(82)
Gross Profit
9
N/A
9
-2%
9
+6%
8
-15%
9
+21%
10
+4%
9
-7%
10
+9%
9
-6%
10
+9%
11
+4%
10
-2%
11
+1%
11
0%
12
+12%
14
+18%
15
+9%
16
+4%
16
+1%
15
-4%
15
-5%
14
-2%
11
-24%
11
+5%
12
+8%
13
+5%
15
+19%
16
+5%
17
+7%
18
+3%
19
+6%
21
+9%
21
-1%
21
+1%
22
+6%
26
+16%
27
+4%
29
+8%
28
-4%
23
-16%
23
-3%
Operating Income
Operating Expenses
(7)
(7)
(8)
(9)
(9)
(8)
(8)
(8)
(8)
(8)
(8)
(8)
(8)
(8)
(8)
(9)
(10)
(10)
(10)
(10)
(10)
(10)
(10)
(10)
(10)
(10)
(11)
(12)
(13)
(14)
(15)
(14)
(14)
(14)
(15)
(17)
(18)
(19)
(19)
(18)
(18)
Selling, General & Administrative
(7)
(7)
(7)
(8)
(8)
(8)
(8)
(7)
(7)
(8)
(8)
(7)
(7)
(7)
(8)
(8)
(9)
(9)
(10)
(10)
(9)
(9)
(9)
(9)
(9)
(10)
(10)
(10)
(12)
(12)
(13)
(12)
(11)
(12)
(13)
(14)
(15)
(15)
(15)
(14)
(14)
Depreciation & Amortization
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(2)
(2)
(2)
(2)
(2)
(3)
(3)
(3)
(4)
(4)
(4)
(4)
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)
(1)
(0)
0
0
0
(0)
0
0
0
(0)
0
0
0
Operating Income
2
N/A
1
-32%
1
+10%
(1)
N/A
1
N/A
1
+104%
1
-25%
2
+113%
2
-27%
2
+27%
2
+17%
3
+6%
3
+4%
3
-6%
4
+49%
5
+33%
6
+9%
6
+3%
6
-1%
5
-10%
5
-12%
4
-6%
1
-83%
1
+64%
2
+74%
3
+26%
5
+88%
4
-14%
4
-9%
4
+10%
4
-6%
6
+53%
7
+11%
6
-7%
7
+7%
9
+25%
8
-2%
10
+18%
9
-10%
5
-41%
5
-8%
Pre-Tax Income
Interest Income Expense
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(0)
(0)
(0)
(0)
(1)
(0)
(0)
(0)
(0)
(1)
(1)
(1)
(1)
(1)
(2)
(2)
(2)
(2)
(2)
(3)
(3)
(3)
(3)
(3)
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)
(2)
(2)
(2)
(2)
(0)
0
1
1
1
1
0
0
Pre-Tax Income
1
N/A
1
-50%
1
+19%
(1)
N/A
0
N/A
1
N/A
0
-49%
2
+332%
1
-9%
2
+38%
2
+16%
3
+8%
2
-6%
2
-6%
3
+48%
5
+38%
5
+11%
5
+4%
5
-1%
5
-10%
4
-13%
4
-12%
(0)
N/A
0
N/A
1
+196%
2
+38%
4
+136%
4
-16%
3
-14%
1
-67%
1
-31%
3
+260%
3
+18%
4
+39%
5
+7%
7
+54%
7
-6%
8
+24%
7
-15%
2
-66%
2
-31%
Net Income
Tax Provision
(0)
(0)
(0)
0
(0)
(0)
(0)
(0)
(0)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(0)
(0)
(0)
(1)
(1)
(1)
(1)
(1)
(0)
(1)
(1)
(1)
(1)
(2)
(2)
(2)
(2)
(1)
(1)
Income from Continuing Operations
1
0
0
(1)
(0)
1
0
1
1
1
2
2
2
2
2
3
4
4
4
3
3
3
(0)
0
1
1
3
3
2
1
0
2
2
3
3
5
5
6
5
1
1
Net Income (Common)
1
N/A
0
-62%
0
+26%
(1)
N/A
(0)
+97%
1
N/A
0
-53%
1
+364%
1
-6%
1
+28%
2
+17%
2
+8%
2
-7%
2
-4%
2
+48%
3
+45%
4
+11%
4
+6%
4
0%
3
-13%
3
-13%
3
-14%
(0)
N/A
0
N/A
1
+225%
1
+42%
3
+135%
3
-16%
2
-17%
1
-76%
0
-40%
2
+423%
2
+24%
3
+54%
3
+7%
5
+60%
5
-5%
6
+18%
5
-15%
2
-50%
2
-22%
EPS (Diluted)
0.04
N/A
0.01
-75%
0.02
+100%
-0.03
N/A
0
N/A
0.02
N/A
0.01
-50%
0.03
+200%
0.03
N/A
0.04
+33%
0.05
+25%
0.06
+20%
0.05
-17%
0.05
N/A
0.06
+20%
0.09
+50%
0.1
+11%
0.11
+10%
0.11
N/A
0.09
-18%
0.08
-11%
0.07
-13%
0
N/A
0.01
N/A
0.03
+200%
0.04
+33%
0.09
+125%
0.08
-11%
0.07
-13%
0.01
-86%
0.01
N/A
0.04
+300%
0.05
+25%
0.08
+60%
0.09
+13%
0.14
+56%
0.13
-7%
0.16
+23%
0.13
-19%
0.06
-54%
0.05
-17%

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