See more : Engine Gaming and Media, Inc. (GAME.V) Income Statement Analysis – Financial Results
Complete financial analysis of Cargojet Inc. (CGJTF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Cargojet Inc., a leading company in the Integrated Freight & Logistics industry within the Industrials sector.
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Cargojet Inc. (CGJTF)
About Cargojet Inc.
Cargojet Inc. provides time sensitive overnight air cargo services in Canada. Its air cargo business activities include operation of domestic air cargo network services between fourteen cities in North America; and provision of dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance (ACMI) basis operating between points in Canada, North and South America, and Europe. The company also operates scheduled international routes for various cargo customers between the United States and Bermuda; and between Canada, the United Kingdom, and Germany. In addition, it offers aircraft to customers on an adhoc charter basis operating between points in Canada, the United States, and other international destinations; and specialty charter services for livestock shipments, military equipment movements, emergency relief supplies, and virtually large shipments across North America, South America, the Caribbean, and Europe. Further, the company is involved in the flight planning and dispatch, crew planning and training, ground handling, and commercial airline cargo management businesses. As of December 31, 2021, it operated a fleet of 31 aircraft. The company was founded in 2005 and is headquartered in Mississauga, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 877.50M | 979.90M | 757.80M | 668.50M | 486.60M | 454.90M | 382.90M | 331.00M | 289.00M | 192.40M | 175.38M | 168.77M | 165.51M | 156.21M | 166.16M | 205.68M | 151.11M | 134.03M | 69.30M |
| Cost of Revenue | 739.40M | 732.40M | 526.90M | 418.00M | 367.40M | 342.60M | 276.60M | 245.20M | 250.70M | 173.62M | 149.95M | 140.43M | 135.67M | 120.60M | 125.78M | 173.65M | 113.46M | 100.56M | 55.09M |
| Gross Profit | 138.10M | 247.50M | 230.90M | 250.50M | 119.20M | 112.30M | 106.30M | 85.80M | 38.30M | 18.77M | 25.43M | 28.34M | 29.84M | 35.61M | 40.39M | 32.02M | 37.65M | 33.47M | 14.21M |
| Gross Profit Ratio | 15.74% | 25.26% | 30.47% | 37.47% | 24.50% | 24.69% | 27.76% | 25.92% | 13.25% | 9.76% | 14.50% | 16.79% | 18.03% | 22.80% | 24.31% | 15.57% | 24.91% | 24.97% | 20.50% |
| Research & Development | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 68.90M | 70.10M | 55.90M | 91.50M | 57.70M | 47.50M | 44.40M | 46.50M | 32.39M | 24.32M | 18.34M | 18.12M | 18.96M | 18.53M | 21.02M | 18.35M | 29.84M | 0.00 | 0.00 |
| Selling & Marketing | 2.50M | 2.70M | 800.00K | 4.20M | 2.90M | 2.80M | 1.70M | 2.30M | 1.53M | 809.17K | 461.30K | 835.44K | 587.25K | 815.09K | 594.76K | 954.54K | 831.19K | 0.00 | 0.00 |
| SG&A | 71.40M | 72.80M | 56.70M | 95.70M | 60.60M | 50.30M | 46.10M | 48.80M | 33.92M | 25.13M | 18.80M | 18.95M | 19.54M | 19.34M | 21.61M | 19.31M | 30.67M | 18.51M | 9.08M |
| Other Expenses | 2.00M | 2.20M | 2.10M | 2.00M | 2.00M | 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 |
| Operating Expenses | 73.40M | 75.00M | 58.80M | 97.70M | 62.60M | 52.40M | 45.80M | 49.80M | 34.87M | 25.79M | 18.80M | 18.95M | 21.79M | 20.46M | 27.85M | 31.45M | 30.67M | 29.17M | 15.02M |
| Cost & Expenses | 809.90M | 807.40M | 585.70M | 515.70M | 430.00M | 395.00M | 322.40M | 295.00M | 285.57M | 199.42M | 168.75M | 159.38M | 157.47M | 141.06M | 153.63M | 205.11M | 144.13M | 129.72M | 70.11M |
| Interest Income | 0.00 | 0.00 | 0.00 | 4.10M | 5.60M | 0.00 | 0.00 | 0.00 | 38.11K | 147.77K | 144.31K | 210.46K | 234.95K | 55.64K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 56.80M | 33.60M | 30.90M | 39.60M | 43.60M | 27.30M | 25.20M | 30.80M | 22.89M | 5.54M | 3.23M | 3.50M | 3.32M | 3.43M | 4.06M | 3.17M | 1.09M | 0.00 | 0.00 |
| Depreciation & Amortization | 221.00M | 142.20M | 116.40M | 99.50M | 94.00M | 66.10M | 49.70M | 42.00M | 33.01M | 12.98M | 11.53M | 9.83M | 9.07M | 6.44M | 14.60M | 19.51M | 13.92M | 13.52M | 7.49M |
| EBITDA | 285.60M | 324.20M | 295.80M | 104.90M | 150.60M | 126.00M | 110.20M | 78.00M | 36.48M | 5.49M | 13.73M | 18.40M | 17.34M | 24.63M | 27.14M | 20.08M | 20.89M | 17.83M | 6.67M |
| EBITDA Ratio | 32.55% | 33.09% | 39.03% | 39.79% | 30.95% | 27.70% | 28.78% | 23.56% | 12.62% | 3.17% | 10.44% | 11.51% | 10.48% | 13.82% | 16.33% | 9.76% | 13.82% | 13.30% | 9.63% |
| Operating Income | 64.70M | 170.50M | 172.10M | 156.90M | 56.60M | 59.90M | 60.50M | 36.00M | 3.47M | -6.87M | 6.77M | 9.60M | 8.28M | 15.14M | 12.54M | 568.72K | 6.97M | 4.31M | -818.59K |
| Operating Income Ratio | 7.37% | 17.40% | 22.71% | 23.47% | 11.63% | 13.17% | 15.80% | 10.88% | 1.20% | -3.57% | 3.86% | 5.69% | 5.00% | 9.69% | 7.54% | 0.28% | 4.62% | 3.21% | -1.18% |
| Total Other Income/Expenses | -13.00M | 47.10M | 27.90M | -193.60M | -35.80M | -30.60M | -26.90M | -33.00M | -24.60M | -6.28M | -2.12M | -4.33M | -5.34M | -3.43M | -4.06M | -3.17M | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 51.70M | 220.00M | 200.80M | -43.80M | 20.80M | 29.30M | 33.60M | 3.00M | -21.24M | -13.03M | 4.51M | 5.07M | 4.95M | 11.71M | 8.47M | -2.61M | 6.97M | 4.31M | -818.59K |
| Income Before Tax Ratio | 5.89% | 22.45% | 26.50% | -6.55% | 4.27% | 6.44% | 8.78% | 0.91% | -7.35% | -6.77% | 2.57% | 3.00% | 2.99% | 7.50% | 5.10% | -1.27% | 4.62% | 3.21% | -1.18% |
| Income Tax Expense | 14.40M | 29.40M | 33.40M | 44.00M | 9.20M | 9.10M | 9.90M | 600.00K | -3.20M | -3.50M | 1.18M | 1.51M | 989.63K | 3.01M | -859.97K | -1.55M | 101.46K | -1.07M | -1.43M |
| Net Income | 37.30M | 190.60M | 167.40M | -87.80M | 11.60M | 20.20M | 23.70M | 2.40M | -18.04M | -9.52M | 3.33M | 3.55M | 3.80M | 4.04M | 8.17M | -287.69K | 5.31M | 4.03M | 461.57K |
| Net Income Ratio | 4.25% | 19.45% | 22.09% | -13.13% | 2.38% | 4.44% | 6.19% | 0.73% | -6.24% | -4.95% | 1.90% | 2.10% | 2.29% | 2.59% | 4.91% | -0.14% | 3.51% | 3.01% | 0.67% |
| EPS | 2.17 | 11.02 | 9.73 | -5.63 | 0.86 | 1.51 | 1.96 | 0.23 | -1.86 | -1.07 | 0.42 | 0.44 | 0.48 | 0.51 | 1.28 | -0.04 | 0.79 | 0.60 | 0.07 |
| EPS Diluted | 2.17 | 9.39 | 9.51 | -5.63 | 0.85 | 1.50 | 1.93 | 0.22 | -1.86 | -1.07 | 0.42 | 0.44 | 0.48 | 0.51 | 1.25 | -0.04 | 0.79 | 0.60 | 0.07 |
| Weighted Avg Shares Out | 17.20M | 17.30M | 17.20M | 15.59M | 13.50M | 13.40M | 12.10M | 10.50M | 9.69M | 8.88M | 7.99M | 7.99M | 7.99M | 7.99M | 6.37M | 6.70M | 6.70M | 6.70M | 6.70M |
| Weighted Avg Shares Out (Dil) | 17.20M | 20.30M | 17.60M | 15.59M | 13.60M | 13.50M | 12.30M | 10.80M | 9.70M | 8.88M | 7.99M | 7.99M | 7.99M | 7.99M | 10.61M | 6.70M | 6.70M | 8.93M | 8.93M |
Cargojet (CGJTF) Q3 2024 Earnings Call Transcript
Cargojet (OTCPK:CGJTF) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Martin Herman - General Counsel, Corporate Secretary Ajay Virmani - Executive Chairman & Founder Jamie Porteous - Co CEO Pauline Dhillon - Co CEO Scott...
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Cargojet (OTCPK:CGJTF) Q2 2024 Earnings Conference Call Aug 0, 2024 8:30 AM ET Company Participants Martin Herman - General Counsel, Corporate Secretary Ajay Virmani - Executive Chairman & Founder Jamie Porteous - Co CEO Pauline Dhillon - Co CEO Scott...
Cargojet (CGJTF) Q1 2024 Earnings Call Transcript
Cargojet Inc. (OTCPK:CGJTF) Q1 2024 Earnings Conference Call April 29, 2024 8:30 AM ET Company Participants Ajay Virmani - Executive Chairman Jamie Porteous - co-Chief Executive Officer Pauline Dhillon - co-Chief Executive Officer Scott Calver - Chief Financial Officer Martin...
Cargojet Inc. (CGJTF) Q4 2023 Earnings Call Transcript
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Cargojet, Inc. (OTCPK:CGJTF) Q3 2023 Earnings Conference Call November 7, 2023 8:30 AM ET Company Participants Pauline Dhillon - Chief Corporate Officer Ajay Virmani - Founder, CEO, President & Director Scott Calver - CFO Jamie Porteous - Chief Strategy Officer...
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Cargojet Inc. (OTCPK:CGJTF) Q2 2023 Earnings Conference Call August 14, 2023 7:30 AM ET Corporate Participants Pauline Dhillon - Chief Corporate Officer Ajay Virmani - President and Chief Executive Officer Scott Calver - Chief Financial Officer Jamie Porteous - Chief...
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