TMX Historical Income Statement

X Stock  CAD 44.27  0.13  0.29%   
Historical analysis of TMX Group income statement accounts such as Depreciation And Amortization of 106.9 M, Interest Expense of 1.8 B, Selling General Administrative of 154.8 M or Total Revenue of 3 B can show how well TMX Group Limited performed in making a profits. Evaluating TMX Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of TMX Group's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining TMX Group Limited 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 TMX Group Limited is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in TMX Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About TMX Income Statement Analysis

TMX Group Limited 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 TMX Group shareholders. The income statement also shows TMX 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).

TMX Group Income Statement Chart

At this time, TMX Group's EBITDA is very stable compared to the past year. As of the 2nd of December 2024, Total Operating Expenses is likely to grow to about 2.4 B, while Depreciation And Amortization is likely to drop about 106.9 M.

Total Revenue

Total revenue comprises all receipts TMX Group Limited 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 TMX Group Limited minus its cost of goods sold. It is profit before TMX Group 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 TMX Group Limited. It is also known as TMX Group 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.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from TMX Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into TMX Group Limited 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in TMX Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, TMX Group's EBITDA is very stable compared to the past year. As of the 2nd of December 2024, Total Operating Expenses is likely to grow to about 2.4 B, while Depreciation And Amortization is likely to drop about 106.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit662.6M751M2.8B2.9B
Total Revenue980.7M1.1B2.9B3.0B

TMX Group income statement Correlations

-0.030.49-0.06-0.14-0.160.77-0.370.12-0.250.710.620.750.380.650.160.75-0.620.570.35-0.23-0.410.670.52
-0.030.30.960.960.970.360.930.980.960.420.270.340.38-0.350.410.49-0.590.550.520.970.60.360.76
0.490.30.160.150.090.850.130.390.080.60.60.580.190.130.070.58-0.250.170.030.080.110.160.5
-0.060.960.160.990.990.260.920.960.970.430.160.340.51-0.270.480.43-0.640.610.610.970.520.420.72
-0.140.960.150.990.990.20.950.940.990.380.160.290.47-0.390.390.38-0.560.560.560.990.560.360.68
-0.160.970.090.990.990.170.950.940.990.330.10.240.42-0.350.450.35-0.570.540.540.990.570.340.66
0.770.360.850.260.20.170.090.490.10.810.620.780.430.460.360.82-0.60.480.370.110.010.520.75
-0.370.930.130.920.950.950.090.880.970.170.00.080.26-0.490.380.19-0.350.320.370.970.660.110.52
0.120.980.390.960.940.940.490.880.910.540.320.470.48-0.190.490.59-0.690.630.570.920.490.460.83
-0.250.960.080.970.990.990.10.970.910.270.10.180.37-0.490.340.3-0.470.480.491.00.60.270.6
0.710.420.60.430.380.330.810.170.540.270.760.950.80.280.170.93-0.690.730.710.27-0.050.780.82
0.620.270.60.160.160.10.620.00.320.10.760.770.36-0.04-0.350.85-0.370.490.370.11-0.020.510.55
0.750.340.580.340.290.240.780.080.470.180.950.770.730.310.120.9-0.690.750.640.180.030.80.71
0.380.380.190.510.470.420.430.260.480.370.80.360.730.210.30.62-0.630.740.880.350.020.760.66
0.65-0.350.13-0.27-0.39-0.350.46-0.49-0.19-0.490.28-0.040.310.210.480.21-0.350.140.1-0.48-0.470.260.09
0.160.410.070.480.390.450.360.380.490.340.17-0.350.120.30.480.11-0.590.320.340.350.160.30.45
0.750.490.580.430.380.350.820.190.590.30.930.850.90.620.210.11-0.70.750.670.31-0.030.770.86
-0.62-0.59-0.25-0.64-0.56-0.57-0.6-0.35-0.69-0.47-0.69-0.37-0.69-0.63-0.35-0.59-0.7-0.83-0.7-0.49-0.13-0.78-0.77
0.570.550.170.610.560.540.480.320.630.480.730.490.750.740.140.320.75-0.830.840.480.030.950.78
0.350.520.030.610.560.540.370.370.570.490.710.370.640.880.10.340.67-0.70.840.490.090.820.77
-0.230.970.080.970.990.990.110.970.921.00.270.110.180.35-0.480.350.31-0.490.480.490.610.280.62
-0.410.60.110.520.560.570.010.660.490.6-0.05-0.020.030.02-0.470.16-0.03-0.130.030.090.61-0.090.16
0.670.360.160.420.360.340.520.110.460.270.780.510.80.760.260.30.77-0.780.950.820.28-0.090.73
0.520.760.50.720.680.660.750.520.830.60.820.550.710.660.090.450.86-0.770.780.770.620.160.73
Click cells to compare fundamentals

TMX Group Account Relationship Matchups

TMX Group income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization813.7M609.8M543.4M1.3B112.5M106.9M
Interest Expense39.4M34.7M91.5M785.7M1.7B1.8B
Selling General Administrative81.4M84.7M84.3M468.4M127.6M154.8M
Total Revenue806.9M865.1M980.7M1.1B2.9B3.0B
Gross Profit547.1M580.9M662.6M751M2.8B2.9B
Other Operating Expenses420.8M449.2M489.5M592.1M2.4B2.5B
Operating Income382.4M415.9M491.2M1.5B540M366.1M
Ebit(387.7M)(113.6M)34.9M229.9M2.2B2.4B
Total Operating Expenses161M165M171.4M226.5M2.3B2.4B
Income Before Tax334.9M388.8M479.3M670.3M517.4M285.0M
Total Other Income Expense Net(47.5M)(27.1M)(11.9M)147.5M(22.6M)(23.7M)
Net Income247.6M279.7M338.5M542.7M356M206.8M
Income Tax Expense87.3M109.1M140.8M88.5M129.2M85.9M
Cost Of Revenue259.8M284.2M318.1M365.6M92.1M87.5M
Research Development15.8M16.6M17.6M21M23.8M19.4M
Net Income From Continuing Ops247.6M279.7M338.5M581.8M388.2M261.9M
Net Income Applicable To Common Shares247.6M279.7M338.5M542.7M624.1M655.3M
Tax Provision87.3M109.1M140.8M88.5M129.2M102.5M
Interest Income31.5M26.9M55.5M145.8M1.7B1.8B
Net Interest Income(35.6M)(32.8M)(36.1M)(30.8M)(24.1M)(25.3M)
Reconciled Depreciation79.6M80.3M87.1M113.8M112.5M94.2M

Pair Trading with TMX Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TMX Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TMX Group will appreciate offsetting losses from the drop in the long position's value.

Moving against TMX Stock

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The ability to find closely correlated positions to TMX Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TMX Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TMX Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TMX Group Limited to buy it.
The correlation of TMX Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TMX Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TMX Group Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TMX Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in TMX Stock

TMX Group Limited 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 TMX Group shareholders. The income statement also shows TMX 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).