Magellan Aerospace
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Magellan Aerospace's past years’ income statements indicate that its last revenue has increased compared to the previous period by 15% to $879,617,000. The net income raised on $9,247,000 and profit margin reached 1%. Total operating expenses were $54,006,000.

Profit Margin

Magellan Aerospace Corporation (TSX:MAL.TO): Profit margin
2014 843.03M 56.57M 6.71%
2015 951.46M 79.42M 8.35%
2016 1.00B 88.58M 8.82%
2017 968.95M 111.27M 11.48%
2018 966.75M 89.12M 9.22%
2019 1.01B 67.38M 6.63%
2020 744.41M 3.31M 0.45%
2021 688.35M -977K -0.14%
2022 764.58M -21.69M -2.84%
2023 879.61M 9.24M 1.05%

MAL.TO Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
879.61M764.58M688.35M744.41M1.01B966.75M968.95M1.00B951.46M843.03M
Cost of revenue
790.62M729.51M640.02M647.92M859.26M803.47M793.10M824.95M787.08M709.25M
Gross profit
88.99M35.06M48.33M96.49M156.95M163.27M175.84M178.88M164.37M133.78M
Operating exp.
Research and development
2.26M3.79M4.18M8.13M8.90M4.17M8.63M11.66M7.09M5.36M
Selling and marketing
31.64M000000000
Total operating expenses
54.00M48.69M44.55M52.07M62.31M57.33M59.54M57.55M56.73M48.22M
Operating income
31.69M-11.96M6.69M42.40M89.44M116.07M116.29M121.32M107.64M85.56M
Other income (expenses), net
-10.76M-6.63M-4.82M-1.39M-4.45M12.35M10.82M2.23M-1.89M-8.46M
Income before tax
20.93M-18.60M1.86M14.39M84.99M114.18M130.25M117.41M100.44M77.1M
Income tax expense
11.68M3.08M2.84M11.07M17.61M25.06M18.98M28.83M21.02M20.52M
Net income
9.24M-21.69M-977K3.31M67.38M89.12M111.27M88.58M79.42M56.57M
Earnings per share
Basic EPS
0.16-0.38-0.010.051.161.531.881.521.360.97
Diluted EPS
0.16-0.38-0.010.051.161.531.881.521.360.97
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