Dental Corporation PCL
SET:D
Income Statement
Earnings Waterfall
Dental Corporation PCL
Income Statement
Dental Corporation PCL
| 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 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
6
|
6
|
6
|
5
|
5
|
4
|
3
|
2
|
1
|
0
|
1
|
4
|
8
|
10
|
12
|
15
|
16
|
19
|
21
|
19
|
18
|
16
|
16
|
16
|
16
|
16
|
16
|
15
|
15
|
15
|
17
|
18
|
18
|
18
|
18
|
17
|
17
|
16
|
0
|
0
|
0
|
|
| Revenue |
415
N/A
|
410
-1%
|
416
+2%
|
430
+3%
|
441
+3%
|
454
+3%
|
448
-1%
|
444
-1%
|
460
+4%
|
464
+1%
|
491
+6%
|
558
+14%
|
643
+15%
|
718
+12%
|
792
+10%
|
803
+1%
|
773
-4%
|
728
-6%
|
617
-15%
|
603
-2%
|
572
-5%
|
563
-2%
|
594
+5%
|
538
-9%
|
529
-2%
|
552
+4%
|
619
+12%
|
707
+14%
|
815
+15%
|
890
+9%
|
945
+6%
|
964
+2%
|
927
-4%
|
913
-2%
|
911
0%
|
926
+2%
|
954
+3%
|
973
+2%
|
997
+3%
|
1 014
+2%
|
1 047
+3%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(278)
|
(272)
|
(269)
|
(274)
|
(278)
|
(286)
|
(285)
|
(283)
|
(291)
|
(298)
|
(315)
|
(365)
|
(439)
|
(501)
|
(562)
|
(576)
|
(554)
|
(520)
|
(443)
|
(427)
|
(405)
|
(398)
|
(425)
|
(395)
|
(392)
|
(403)
|
(436)
|
(487)
|
(548)
|
(588)
|
(623)
|
(633)
|
(613)
|
(605)
|
(601)
|
(618)
|
(643)
|
(656)
|
(672)
|
(673)
|
(667)
|
|
| Gross Profit |
137
N/A
|
138
+1%
|
147
+6%
|
156
+6%
|
163
+4%
|
168
+3%
|
163
-3%
|
161
-2%
|
168
+5%
|
167
-1%
|
176
+6%
|
193
+10%
|
205
+6%
|
217
+6%
|
230
+6%
|
226
-1%
|
219
-3%
|
209
-5%
|
174
-17%
|
176
+1%
|
168
-5%
|
165
-2%
|
169
+2%
|
143
-15%
|
136
-4%
|
149
+9%
|
183
+23%
|
220
+20%
|
267
+21%
|
302
+13%
|
321
+6%
|
331
+3%
|
314
-5%
|
308
-2%
|
310
+1%
|
308
-1%
|
312
+1%
|
317
+2%
|
326
+3%
|
341
+5%
|
380
+12%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(115)
|
(112)
|
(113)
|
(116)
|
(105)
|
(108)
|
(104)
|
(104)
|
(112)
|
(113)
|
(120)
|
(135)
|
(154)
|
(174)
|
(192)
|
(202)
|
(215)
|
(219)
|
(200)
|
(182)
|
(161)
|
(149)
|
(153)
|
(149)
|
(146)
|
(146)
|
(155)
|
(169)
|
(183)
|
(195)
|
(205)
|
(211)
|
(206)
|
(209)
|
(215)
|
(222)
|
(231)
|
(240)
|
(243)
|
(248)
|
(256)
|
|
| Selling, General & Administrative |
(119)
|
(117)
|
(118)
|
(120)
|
(110)
|
(113)
|
(111)
|
(113)
|
(121)
|
(123)
|
(129)
|
(144)
|
(163)
|
(182)
|
(201)
|
(211)
|
(224)
|
(227)
|
(206)
|
(191)
|
(167)
|
(154)
|
(158)
|
(151)
|
(152)
|
(153)
|
(162)
|
(179)
|
(198)
|
(210)
|
(225)
|
(229)
|
(223)
|
(226)
|
(228)
|
(235)
|
(246)
|
(255)
|
(258)
|
(262)
|
(265)
|
|
| Other Operating Expenses |
4
|
5
|
5
|
5
|
5
|
5
|
8
|
9
|
9
|
10
|
9
|
8
|
9
|
8
|
9
|
10
|
9
|
8
|
6
|
9
|
6
|
6
|
4
|
1
|
6
|
7
|
7
|
10
|
15
|
15
|
20
|
19
|
18
|
17
|
13
|
13
|
16
|
15
|
15
|
14
|
9
|
|
| Operating Income |
22
N/A
|
26
+15%
|
33
+29%
|
40
+22%
|
58
+43%
|
60
+3%
|
60
-1%
|
56
-6%
|
56
0%
|
54
-4%
|
55
+3%
|
58
+4%
|
50
-13%
|
43
-14%
|
38
-12%
|
25
-34%
|
4
-83%
|
(11)
N/A
|
(26)
-142%
|
(6)
+75%
|
7
N/A
|
16
+144%
|
15
-4%
|
(7)
N/A
|
(10)
-46%
|
3
N/A
|
28
+924%
|
52
+82%
|
84
+63%
|
107
+28%
|
116
+8%
|
120
+4%
|
109
-10%
|
99
-9%
|
95
-4%
|
86
-10%
|
81
-6%
|
77
-5%
|
82
+7%
|
93
+13%
|
124
+34%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(3)
|
(2)
|
(1)
|
(0)
|
(1)
|
(4)
|
(8)
|
(10)
|
(12)
|
(15)
|
(16)
|
(19)
|
(21)
|
(19)
|
(18)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(15)
|
(15)
|
(15)
|
(17)
|
(18)
|
(18)
|
(18)
|
(18)
|
(17)
|
(17)
|
(16)
|
(16)
|
(15)
|
(14)
|
|
| 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 |
16
N/A
|
20
+22%
|
28
+39%
|
35
+28%
|
53
+51%
|
56
+5%
|
57
+1%
|
54
-4%
|
55
+2%
|
53
-3%
|
54
+2%
|
54
+0%
|
42
-22%
|
33
-22%
|
26
-21%
|
10
-62%
|
(12)
N/A
|
(30)
-146%
|
(47)
-56%
|
(26)
+45%
|
(11)
+57%
|
(0)
+99%
|
(0)
-207%
|
(22)
-5 206%
|
(26)
-15%
|
(13)
+48%
|
13
N/A
|
36
+183%
|
69
+89%
|
92
+34%
|
99
+8%
|
103
+3%
|
90
-12%
|
81
-11%
|
77
-4%
|
69
-11%
|
64
-6%
|
61
-6%
|
66
+9%
|
77
+17%
|
110
+42%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(4)
|
(5)
|
(6)
|
(7)
|
(11)
|
(11)
|
(11)
|
(9)
|
(9)
|
(9)
|
(9)
|
(12)
|
(9)
|
(7)
|
(6)
|
(3)
|
(3)
|
(1)
|
3
|
2
|
3
|
2
|
(0)
|
1
|
1
|
(1)
|
(1)
|
(3)
|
(11)
|
(15)
|
(20)
|
(22)
|
(19)
|
(18)
|
(17)
|
(16)
|
(14)
|
(13)
|
(14)
|
(15)
|
(24)
|
|
| Income from Continuing Operations |
12
|
15
|
22
|
28
|
43
|
45
|
45
|
46
|
46
|
45
|
45
|
42
|
33
|
26
|
20
|
6
|
(16)
|
(31)
|
(44)
|
(23)
|
(8)
|
2
|
(1)
|
(22)
|
(24)
|
(14)
|
12
|
33
|
58
|
77
|
79
|
80
|
71
|
63
|
60
|
53
|
50
|
48
|
52
|
62
|
86
|
|
| Income to Minority Interest |
(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)
|
|
| Net Income (Common) |
12
N/A
|
15
+24%
|
22
+44%
|
28
+27%
|
43
+51%
|
45
+5%
|
45
+2%
|
46
+0%
|
46
+1%
|
45
-3%
|
45
+0%
|
42
-5%
|
33
-21%
|
26
-22%
|
20
-23%
|
6
-68%
|
(16)
N/A
|
(31)
-100%
|
(44)
-40%
|
(23)
+47%
|
(8)
+66%
|
2
N/A
|
(1)
N/A
|
(22)
-2 326%
|
(24)
-11%
|
(14)
+40%
|
12
N/A
|
33
+172%
|
58
+75%
|
77
+34%
|
79
+3%
|
80
+1%
|
71
-11%
|
63
-12%
|
60
-3%
|
53
-13%
|
50
-5%
|
48
-5%
|
52
+9%
|
62
+19%
|
86
+38%
|
|
| EPS (Diluted) |
0.14
N/A
|
0.13
-7%
|
0.15
+15%
|
0.17
+13%
|
0.24
+41%
|
0.26
+8%
|
0.2
-23%
|
0.2
N/A
|
0.19
-5%
|
0.21
+11%
|
0.21
N/A
|
0.2
-5%
|
0.13
-35%
|
0.12
-8%
|
0.09
-25%
|
0.03
-67%
|
-0.06
N/A
|
-0.11
-83%
|
-0.15
-36%
|
-0.08
+47%
|
-0.02
+75%
|
0.01
N/A
|
0
N/A
|
-0.07
N/A
|
-0.07
N/A
|
-0.05
+29%
|
0.03
N/A
|
0.1
+233%
|
0.17
+70%
|
0.22
+29%
|
0.23
+5%
|
0.23
N/A
|
0.21
-9%
|
0.18
-14%
|
0.18
N/A
|
0.15
-17%
|
0.15
N/A
|
0.14
-7%
|
0.15
+7%
|
0.18
+20%
|
0.25
+39%
|
|