See more : Jagan Lamps Limited (JAGANLAM.BO) Income Statement Analysis – Financial Results
Complete financial analysis of Boralex Inc. (BRLXF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Boralex Inc., a leading company in the Renewable Utilities industry within the Utilities sector.
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Boralex Inc. (BRLXF)
About Boralex Inc.
Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, and the United States. As of December 31, 2021, the company had interests in 90 wind power stations with an installed capacity of 2,032 megawatts (MW); 16 hydroelectric power stations with a capacity of 181 MW; 12 solar power stations with an installed capacity of 244 MW; and one thermal power station with an installed capacity of 35 MW. It also operates two hydroelectric power stations on behalf of R.S.P. Énergie Inc. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.02B | 836.00M | 691.00M | 633.00M | 574.00M | 479.00M | 419.00M | 302.00M | 267.69M | 195.23M | 172.03M | 184.29M | 194.71M | -24.10M | -10.83M | -13.81M | -12.27M | -12.05M | 135.53M | 0.00 | -1.03M | -4.83M | -9.80M | -11.45M | -10.31M | 26.00M | 18.80M |
| Cost of Revenue | 380.00M | 258.00M | 153.00M | 151.00M | 127.00M | 133.00M | 108.00M | 87.00M | 78.35M | 64.30M | 54.36M | 66.28M | 73.04M | 115.57M | 126.29M | 138.40M | 0.00 | 0.00 | 87.85M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 642.00M | 578.00M | 538.00M | 482.00M | 447.00M | 346.00M | 311.00M | 215.00M | 189.34M | 130.93M | 117.68M | 118.01M | 121.67M | -139.67M | -137.12M | -152.21M | -12.27M | -12.05M | 47.68M | 0.00 | -1.03M | -4.83M | -9.80M | -11.45M | -10.31M | 26.00M | 18.80M |
| Gross Profit Ratio | 62.82% | 69.14% | 77.86% | 76.15% | 77.87% | 72.23% | 74.22% | 71.19% | 70.73% | 67.07% | 68.40% | 64.03% | 62.49% | 579.46% | 1,265.65% | 1,102.39% | 100.00% | 100.00% | 35.18% | 0.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 40.00M | 33.00M | 24.00M | 23.00M | 24.00M | 26.00M | 17.00M | 13.00M | 10.28M | 10.32M | 4.15M | 3.52M | 3.52M | 4.21M | 4.73M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 64.00M | 55.00M | 37.00M | 44.00M | 35.00M | 31.00M | 25.00M | 18.00M | 17.64M | 13.48M | 13.21M | 16.19M | 14.85M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.59M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.39M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 64.00M | 55.00M | 37.00M | 44.00M | 35.00M | 31.00M | 25.00M | 18.00M | 17.64M | 13.48M | 13.21M | 16.19M | 17.24M | 21.02M | 20.87M | 14.48M | 16.85M | 13.49M | 13.59M | 0.00 | 21.69M | 16.33M | 4.80M | 5.47M | 3.94M | 0.00 | 0.00 |
| Other Expenses | 312.00M | 378.00M | 291.00M | 236.00M | 243.00M | 0.00 | 1.00M | -1.00M | 96.00K | -17.00K | -63.00K | 0.00 | 0.00 | 10.59M | 5.85M | 16.07M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 416.00M | 466.00M | 352.00M | 303.00M | 302.00M | 287.00M | 214.00M | 147.00M | 124.89M | 84.21M | 71.25M | 77.74M | 75.64M | 65.89M | 38.35M | 168.94M | 141.42M | 118.79M | 13.59M | 0.00 | 88.34M | 125.17M | 70.49M | 59.35M | 45.81M | 0.00 | 0.00 |
| Cost & Expenses | 796.00M | 724.00M | 505.00M | 454.00M | 429.00M | 420.00M | 322.00M | 234.00M | 203.24M | 148.50M | 125.60M | 144.02M | 148.67M | 181.46M | 164.63M | 168.94M | 141.42M | 118.79M | 101.44M | 0.00 | 88.34M | 125.17M | 70.49M | 59.35M | 45.81M | 0.00 | 0.00 |
| Interest Income | 4.00M | 8.00M | 0.00 | 0.00 | 3.00M | 3.00M | 2.00M | 0.00 | 638.00K | 906.00K | 2.97M | 4.36M | 3.06M | 0.00 | 1.08M | 1.49M | 0.00 | 0.00 | 102.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 133.00M | 117.00M | 137.00M | 122.00M | 126.00M | 118.00M | 100.00M | 71.00M | 69.42M | 55.46M | 51.32M | 51.39M | 49.66M | 24.10M | 11.91M | 12.37M | 0.00 | 0.00 | 2.44M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 293.00M | 299.00M | 300.00M | 237.00M | 246.00M | 210.00M | 173.00M | 117.00M | 96.97M | 60.41M | 53.89M | 58.03M | 57.83M | 40.66M | 26.06M | 24.53M | 24.42M | 21.36M | 10.52M | 0.00 | 6.99M | 9.21M | 8.68M | 7.98M | 7.74M | 0.00 | 0.00 |
| EBITDA | 570.00M | 430.00M | 472.00M | 410.00M | 445.00M | 290.00M | 270.00M | 182.00M | 160.00M | 108.59M | 100.23M | 98.25M | 103.18M | 74.55M | 68.79M | -158.22M | -128.32M | -109.49M | -94.87M | 0.00 | -82.38M | -114.56M | -71.61M | -62.81M | -48.28M | 26.00M | 18.80M |
| EBITDA Ratio | 55.77% | 62.08% | 68.31% | 67.61% | 77.53% | 61.38% | 65.16% | 60.26% | 61.46% | 55.27% | 57.41% | 54.52% | 53.34% | -309.29% | -618.20% | 1,145.90% | 1,053.21% | 908.40% | 42.85% | 0.00% | 8,021.62% | 2,502.71% | 730.84% | 548.72% | 469.32% | 100.00% | 100.00% |
| Operating Income | 226.00M | 112.00M | 182.00M | 172.00M | 146.00M | 59.00M | 98.00M | 67.00M | 64.83M | 48.69M | 46.39M | 38.48M | 46.03M | 33.89M | 40.92M | -182.75M | -153.69M | -130.84M | 47.56M | 0.00 | -89.37M | -129.99M | -80.28M | -70.80M | -56.12M | 26.00M | 18.80M |
| Operating Income Ratio | 22.11% | 13.40% | 26.34% | 27.17% | 25.44% | 12.32% | 23.39% | 22.19% | 24.22% | 24.94% | 26.97% | 20.88% | 23.64% | -140.61% | -377.70% | 1,323.59% | 1,252.18% | 1,085.57% | 35.09% | 0.00% | 8,702.14% | 2,693.58% | 819.38% | 618.47% | 544.40% | 100.00% | 100.00% |
| Total Other Income/Expenses | -72.00M | -94.00M | -138.00M | -106.00M | -138.00M | -119.00M | -98.00M | -74.00M | -73.00M | -63.28M | -51.34M | -47.62M | -49.83M | -26.13M | 215.95M | 225.78M | 182.75M | 140.09M | 124.39M | 0.00 | 84.81M | 191.08M | 92.11M | 81.06M | 63.66M | -26.00M | -18.80M |
| Income Before Tax | 154.00M | 18.00M | 44.00M | 66.00M | -48.00M | -60.00M | 104.00M | -7.00M | -9.71M | -14.60M | -4.95M | -11.17M | -5.30M | 10.56M | 29.01M | 31.72M | 30.00M | 9.25M | 18.63M | 0.00 | -4.56M | 76.03M | 11.82M | 10.27M | 7.64M | 0.00 | 0.00 |
| Income Before Tax Ratio | 15.07% | 2.15% | 6.37% | 10.43% | -8.36% | -12.53% | 24.82% | -2.32% | -3.63% | -7.48% | -2.88% | -6.06% | -2.72% | -43.82% | -267.78% | -229.72% | -244.44% | -76.71% | 13.74% | 0.00% | 444.30% | -1,575.40% | -120.67% | -89.67% | -74.14% | 0.00% | 0.00% |
| Income Tax Expense | 39.00M | 10.00M | 18.00M | 5.00M | -5.00M | -16.00M | -10.00M | -9.00M | -1.50M | -854.00K | 537.00K | -2.18M | -2.31M | -12.74M | 4.47M | 11.32M | 8.46M | -5.77M | -2.56M | 0.00 | -777.00K | 13.98M | 3.94M | 3.64M | 2.40M | -400.00K | -800.00K |
| Net Income | 78.00M | 8.00M | 26.00M | 55.00M | -43.00M | -36.00M | 22.00M | -2.00M | -10.84M | -11.77M | -3.84M | -5.12M | 2.88M | 23.10M | 24.44M | 20.41M | 21.55M | 15.02M | 21.09M | 0.00 | -5.71M | 53.41M | 7.88M | 6.63M | 5.24M | 400.00K | 800.00K |
| Net Income Ratio | 7.63% | 0.96% | 3.76% | 8.69% | -7.49% | -7.52% | 5.25% | -0.66% | -4.05% | -6.03% | -2.23% | -2.78% | 1.48% | -95.83% | -225.58% | -147.82% | -175.53% | -124.62% | 15.56% | 0.00% | 555.89% | -1,106.63% | -80.47% | -57.88% | -50.86% | 1.54% | 4.26% |
| EPS | 0.76 | 0.08 | 0.25 | 0.56 | -0.47 | -0.45 | 0.29 | -0.03 | -0.21 | -0.31 | -0.10 | -0.14 | 0.08 | 0.61 | 0.65 | 0.54 | 0.63 | 0.50 | 0.70 | 0.00 | -0.19 | 1.78 | 0.31 | 0.32 | 0.25 | 0.02 | 0.03 |
| EPS Diluted | 0.76 | 0.08 | 0.25 | 0.56 | -0.47 | -0.45 | 0.29 | -0.03 | -0.21 | -0.31 | -0.10 | -0.14 | 0.08 | 0.61 | 0.65 | 0.54 | 0.62 | 0.49 | 0.70 | 0.00 | -0.19 | 1.77 | 0.31 | 0.32 | 0.25 | 0.02 | 0.03 |
| Weighted Avg Shares Out | 102.77M | 102.73M | 102.62M | 98.55M | 90.60M | 80.10M | 75.44M | 65.20M | 52.36M | 37.94M | 37.75M | 36.82M | 37.75M | 37.74M | 37.74M | 37.74M | 34.40M | 30.04M | 29.99M | 0.00 | 29.93M | 29.94M | 24.37M | 19.40M | 19.40M | 19.40M | 20.00M |
| Weighted Avg Shares Out (Dil) | 102.81M | 102.79M | 102.77M | 98.67M | 90.60M | 80.10M | 75.72M | 65.20M | 52.36M | 38.28M | 37.75M | 37.73M | 37.82M | 37.74M | 37.84M | 38.06M | 34.75M | 30.65M | 29.99M | 0.00 | 29.94M | 30.17M | 24.37M | 19.40M | 19.40M | 22.50M | 20.00M |
Boralex announces the election of its directors and highlights of its Annual Meeting of Shareholders
MONTREAL, May 15, 2024 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) held its annual meeting of shareholders earlier today. During the online meeting chaired by Alain Rhéaume, Chairman of the Board, shareholders elected directors and adopted...
Boralex Inc. (BRLXF) Q1 2024 Earnings Call Transcript
Boralex Inc. (OTCPK:BRLXF) Q1 2024 Earnings Conference Call May 15, 2024 9:00 AM ET Company Participants Stephane Milot - Vice President, Investor Relations Patrick Decostre - President & Chief Executive Officer Bruno Guilmette - Executive Vice President & Chief Financial...
Boralex announces a substantial 62% increase in net earnings and continued disciplined development of highly promising projects
Highlights Financial results Higher EBITDA(A) 1 , operating income and net earnings than in Q1- 2023 Increases mainly attributable to higher wind farm production in North America, the contribution from new facilities commissioned and strategy to optimize electricity selling prices...
REMINDER - Boralex to hold virtual annual meeting of shareholders on May 15
MONTREAL, May 14, 2024 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) announces that it will hold its Annual Meeting of Shareholders in a virtual-only format at 11:00 a.m. on Wednesday, May 15, 2024.
REMINDER -- Boralex will release its 2024 first quarter financial results on May 15
MONTREAL, May 13, 2024 (GLOBE NEWSWIRE) -- Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2024 first quarter results will take place on Wednesday, May 15, 2024, at 9 a.m.
Boralex to hold virtual annual meeting of shareholders on May 15
MONTREAL, April 16, 2024 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) announces that it will hold its Annual Meeting of Shareholders in a virtual-only format at 11:00 a.m. on Wednesday, May 15, 2024.
Boralex will release its 2024 first quarter financial results on May 15
MONTREAL, April 08, 2024 (GLOBE NEWSWIRE) -- Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2024 first quarter results will take place on Wednesday, May 15, 2024, at 9 a.m.
Boralex Inc. (BRLXF) Q4 2023 Earnings Call Transcript
Boralex Inc. (BRLXF) Q4 2023 Earnings Call Transcript
Boralex posts record net earnings of $115 million for 2023 and increases its financial flexibility, with nearly $550 million in available cash resources and authorized financing1 to support its growth
Highlights Financial results Significant increase in earnings for the fourth quarter and record results achieved in fiscal 2023 overall Increase is mainly attributable to strong wind farm performance and the commissioning of assets in France, as well as the integration...
REMINDER -- Boralex will release its 2023 fourth quarter financial results on March 1st
MONTREAL, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2023 fourth quarter results will take place on Friday, March 1st, 2024, at 11 a.m.
Source: https://incomestatements.info
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