True Historical Income Statement

TNT-UN Stock

CAD 8.25 0.13 1.55%

Historical analysis of True North income statement accounts such as Operating Income of 46 M, Ebit of 90.5 M, Cost Of Revenue of 34.5 M or Total Operating Expenses of 4.7 M can show how well True North Commercial performed in making a profits. Evaluating True North income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of True North's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining True North Commercial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether True North Commercial is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in True North Commercial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

About True Income Statement Analysis

True North Commercial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to True North shareholders. The income statement also shows True investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

True North Income Statement Chart

At present, True North's EBIT is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 131.8 M, whereas Depreciation And Amortization is projected to grow to (90.4 M).

Depreciation And Amortization Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Total Operating Expenses

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts True North Commercial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of True North Commercial minus its cost of goods sold. It is profit before True North operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of True North Commercial. It is also known as True North overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from True North's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into True North Commercial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in True North Commercial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

	2022	2023	2024	2025 (projected)
Gross Profit	86.5M	72.5M	83.4M	50.1M
Total Revenue	143.6M	132.2M	152.0M	84.6M

Gross Profit Total Revenue

True North income statement Correlations

	Depreciation And Amortization	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Net Income From Continuing Ops	Net Interest Income	Interest Income
Depreciation And Amortization		-0.02	-0.01	0.04	-0.13	0.03	-0.37	0.77	-0.08	-0.03	0.86	0.7	0.75	-0.75	-0.36	0.93	0.23	-0.1
Selling General Administrative	-0.02		0.97	0.96	0.94	0.91	0.84	0.5	0.96	-0.34	0.13	-0.59	0.07	0.5	0.88	-0.1	-0.93	0.67
Total Revenue	-0.01	0.97		1.0	0.91	0.98	0.84	0.56	1.0	-0.49	0.2	-0.57	0.12	0.58	0.89	-0.1	-0.92	0.59
Gross Profit	0.04	0.96	1.0		0.89	0.98	0.82	0.61	0.99	-0.5	0.24	-0.54	0.16	0.55	0.88	-0.05	-0.92	0.6
Other Operating Expenses	-0.13	0.94	0.91	0.89		0.86	0.77	0.35	0.92	-0.09	-0.06	-0.71	-0.14	0.53	0.87	-0.18	-0.91	0.58
Operating Income	0.03	0.91	0.98	0.98	0.86		0.78	0.63	0.97	-0.52	0.27	-0.51	0.19	0.58	0.87	-0.03	-0.89	0.55
Ebit	-0.37	0.84	0.84	0.82	0.77	0.78		0.21	0.85	-0.44	-0.07	-0.68	-0.04	0.74	0.93	-0.35	-0.92	0.58
Ebitda	0.77	0.5	0.56	0.61	0.35	0.63	0.21		0.5	-0.45	0.87	0.26	0.73	-0.18	0.25	0.7	-0.35	0.29
Cost Of Revenue	-0.08	0.96	1.0	0.99	0.92	0.97	0.85	0.5		-0.47	0.13	-0.61	0.07	0.62	0.9	-0.16	-0.93	0.57
Total Operating Expenses	-0.03	-0.34	-0.49	-0.5	-0.09	-0.52	-0.44	-0.45	-0.47		-0.44	0.0	-0.47	-0.43	-0.37	0.03	0.31	-0.16
Income Before Tax	0.86	0.13	0.2	0.24	-0.06	0.27	-0.07	0.87	0.13	-0.44		0.67	0.95	-0.47	-0.15	0.88	0.05	0.01
Total Other Income Expense Net	0.7	-0.59	-0.57	-0.54	-0.71	-0.51	-0.68	0.26	-0.61	0.0	0.67		0.71	-0.82	-0.8	0.79	0.75	-0.45
Net Income	0.75	0.07	0.12	0.16	-0.14	0.19	-0.04	0.73	0.07	-0.47	0.95	0.71		-0.42	-0.18	0.83	0.11	-0.05
Income Tax Expense	-0.75	0.5	0.58	0.55	0.53	0.58	0.74	-0.18	0.62	-0.43	-0.47	-0.82	-0.42		0.81	-0.76	-0.69	0.39
Interest Expense	-0.36	0.88	0.89	0.88	0.87	0.87	0.93	0.25	0.9	-0.37	-0.15	-0.8	-0.18	0.81		-0.4	-0.97	0.68
Net Income From Continuing Ops	0.93	-0.1	-0.1	-0.05	-0.18	-0.03	-0.35	0.7	-0.16	0.03	0.88	0.79	0.83	-0.76	-0.4		0.28	-0.11
Net Interest Income	0.23	-0.93	-0.92	-0.92	-0.91	-0.89	-0.92	-0.35	-0.93	0.31	0.05	0.75	0.11	-0.69	-0.97	0.28		-0.67
Interest Income	-0.1	0.67	0.59	0.6	0.58	0.55	0.58	0.29	0.57	-0.16	0.01	-0.45	-0.05	0.39	0.68	-0.11	-0.67

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True North Account Relationship Matchups

True North income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	62.6M	62.6M	53.7M	(82.7M)	(95.1M)	(90.4M)
Selling General Administrative	5.8M	6.9M	6.1M	5.6M	6.5M	4.1M
Total Revenue	139.4M	138.5M	143.6M	132.2M	152.0M	84.6M
Gross Profit	83.7M	82.6M	86.5M	72.5M	83.4M	50.1M
Other Operating Expenses	61.5M	62.8M	63.1M	65.3M	75.1M	41.0M
Operating Income	78.3M	68.9M	80.4M	66.9M	76.9M	46.0M
Ebit	78.3M	68.9M	28.2M	74.9M	86.2M	90.5M
Ebitda	78.3M	68.9M	81.9M	(7.8M)	(9.0M)	(8.5M)
Cost Of Revenue	55.7M	55.9M	57.1M	59.7M	68.6M	34.5M
Total Operating Expenses	5.8M	6.9M	6.1M	5.6M	5.1M	4.7M
Income Before Tax	39.8M	51.0M	16.5M	(40.6M)	(46.7M)	(44.4M)
Total Other Income Expense Net	(38.6M)	(17.9M)	(63.9M)	(107.5M)	(96.8M)	(91.9M)
Net Income	28.9M	51.0M	(18.5M)	(40.6M)	(36.6M)	(34.7M)
Income Tax Expense	10.8M	(9.4M)	35.0M	109.1M	125.5M	131.8M
Interest Expense	27.7M	27.3M	28.9M	32.8M	37.7M	39.6M
Net Income From Continuing Ops	39.8M	51.0M	16.5M	(40.6M)	(36.6M)	(34.7M)
Net Income Applicable To Common Shares	24.2M	39.8M	51.0M	16.5M	19.0M	27.8M
Net Interest Income	(31.2M)	(30.5M)	(30.3M)	(34.2M)	(30.8M)	(32.3M)
Research Development	0.29	0.37	0.12	0.31	0.28	0.24

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True Historical Income Statement

About True Income Statement Analysis

True North Income Statement Chart

Depreciation And Amortization

Total Revenue

Gross Profit

Other Operating Expenses

Total Operating Expenses

True North income statement Correlations

True North Account Relationship Matchups

High Positive Relationship

High Negative Relationship

True North income statement Accounts

Other Information on Investing in True Stock

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Gross Profit	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 0.99	Gross Profit
Operating Income	+ 0.98	Total Revenue
Operating Income	+ 0.98	Gross Profit
Total Revenue	+ 0.97	Selling General Administrative

Net Interest Income	- 0.97	Interest Expense
Net Interest Income	- 0.93	Cost Of Revenue
Net Interest Income	- 0.93	Selling General Administrative
Net Interest Income	- 0.92	Ebit
Net Interest Income	- 0.92	Gross Profit
Net Interest Income	- 0.92	Total Revenue