Altus Historical Income Statement

AIF Stock  CAD 51.10  0.97  1.86%   
Historical analysis of Altus Group income statement accounts such as Interest Expense of 20.6 M, Total Revenue of 398.7 M or Gross Profit of 185.9 M can show how well Altus Group Limited performed in making a profits. Evaluating Altus Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Altus Group's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Altus 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 Altus Group Limited is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altus 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 board of governors.

About Altus Income Statement Analysis

Altus 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 Altus Group shareholders. The income statement also shows Altus 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).

Altus Group Income Statement Chart

At this time, Altus Group's Research Development is very stable compared to the past year. As of the 28th of March 2025, Reconciled Depreciation is likely to grow to about 54.1 M, while Total Revenue is likely to drop about 398.7 M.

Total Revenue

Total revenue comprises all receipts Altus 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 Altus Group Limited minus its cost of goods sold. It is profit before Altus 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 Altus Group Limited. It is also known as Altus 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.
Most accounts from Altus Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Altus 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Altus 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 board of governors.
At this time, Altus Group's Research Development is very stable compared to the past year. As of the 28th of March 2025, Reconciled Depreciation is likely to grow to about 54.1 M, while Total Revenue is likely to drop about 398.7 M.
 2022 2023 2024 2025 (projected)
Gross Profit271.5M291.1M334.7M185.9M
Total Revenue735.5M772.8M519.7M398.7M

Altus Group income statement Correlations

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0.50.270.360.540.1-0.110.180.23-0.36-0.33-0.250.050.110.510.63-0.36-0.42-0.17-0.71-0.470.46-0.49
0.780.270.740.750.70.210.511.00.19-0.260.150.340.950.740.6-0.070.34-0.64-0.550.140.760.03
0.730.360.740.760.350.10.410.73-0.06-0.16-0.010.290.620.610.67-0.130.03-0.58-0.67-0.190.69-0.21
0.980.540.750.760.460.150.630.71-0.06-0.240.080.470.640.960.92-0.24-0.14-0.78-0.83-0.550.84-0.63
0.430.10.70.350.460.490.580.680.47-0.070.450.490.670.570.40.160.39-0.51-0.330.170.450.07
0.1-0.110.210.10.150.490.850.20.930.710.980.910.190.220.080.860.7-0.38-0.03-0.02-0.1-0.01
0.590.180.510.410.630.580.850.480.70.460.810.950.460.660.520.550.46-0.67-0.42-0.340.33-0.38
0.760.231.00.730.710.680.20.480.18-0.250.130.320.950.720.57-0.070.35-0.61-0.520.180.740.09
-0.08-0.360.19-0.06-0.060.470.930.70.180.710.960.770.230.01-0.170.920.88-0.240.230.28-0.220.26
-0.25-0.33-0.26-0.16-0.24-0.070.710.46-0.250.710.730.59-0.25-0.26-0.270.770.540.070.24-0.01-0.410.07
0.04-0.250.15-0.010.080.450.980.810.130.960.730.880.170.15-0.010.890.73-0.330.10.02-0.170.02
0.390.050.340.290.470.490.910.950.320.770.590.880.280.510.410.670.53-0.65-0.33-0.30.19-0.33
0.710.110.950.620.640.670.190.460.950.23-0.250.170.280.650.44-0.020.38-0.53-0.320.220.640.12
0.950.510.740.610.960.570.220.660.720.01-0.260.150.510.650.9-0.22-0.1-0.79-0.79-0.510.8-0.59
0.860.630.60.670.920.40.080.520.57-0.17-0.27-0.010.410.440.9-0.31-0.27-0.66-0.94-0.610.85-0.68
-0.27-0.36-0.07-0.13-0.240.160.860.55-0.070.920.770.890.67-0.02-0.22-0.310.81-0.080.340.24-0.420.25
-0.12-0.420.340.03-0.140.390.70.460.350.880.540.730.530.38-0.1-0.270.81-0.180.270.61-0.140.56
-0.71-0.17-0.64-0.58-0.78-0.51-0.38-0.67-0.61-0.240.07-0.33-0.65-0.53-0.79-0.66-0.08-0.180.590.35-0.540.44
-0.76-0.71-0.55-0.67-0.83-0.33-0.03-0.42-0.520.230.240.1-0.33-0.32-0.79-0.940.340.270.590.54-0.830.6
-0.48-0.470.14-0.19-0.550.17-0.02-0.340.180.28-0.010.02-0.30.22-0.51-0.610.240.610.350.54-0.280.97
0.820.460.760.690.840.45-0.10.330.74-0.22-0.41-0.170.190.640.80.85-0.42-0.14-0.54-0.83-0.28-0.38
-0.55-0.490.03-0.21-0.630.07-0.01-0.380.090.260.070.02-0.330.12-0.59-0.680.250.560.440.60.97-0.38
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Altus Group Account Relationship Matchups

Altus Group income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization41.6M46.6M59.5M57.9M66.6M70.0M
Interest Expense6.5M6.6M14.6M22.2M19.6M20.6M
Total Revenue561.2M625.4M735.5M772.8M519.7M398.7M
Gross Profit206.2M223.9M271.5M291.1M334.7M185.9M
Other Operating Expenses506.3M578.8M683.4M724.0M832.6M874.3M
Operating Income55.2M48.0M55.6M48.8M33.5M22.4M
Ebit43.5M39.5M15.4M41.4M47.6M25.8M
Ebitda85.2M86.1M75.0M99.4M114.3M120.0M
Total Operating Expenses506.3M578.8M683.4M724.0M486.2M320.8M
Income Before Tax37.6M34.2M3.9M22.3M(10.4M)(9.9M)
Total Other Income Expense Net(17.7M)(64.2M)(51.7M)(26.5M)(24.8M)(23.5M)
Net Income21.4M25.7M(889K)10.2M13.4M11.0M
Income Tax Expense10.5M8.6M4.8M12.1M13.9M14.6M
Selling General Administrative464.7M532.2M623.9M489.6M341.7M295.2M
Cost Of Revenue355.0M401.5M463.9M481.8M554.0M581.7M
Research Development3.5M6.3M13.2M13.3M15.3M16.1M
Net Income From Continuing Ops27.0M25.6M(889K)10.2M(793K)(753.4K)
Net Income Applicable To Common Shares18.2M21.4M25.7M(886K)(797.4K)(757.5K)
Tax Provision10.5M8.6M4.8M12.1M(9.7M)(9.2M)
Interest Income79K246K7.1M193K419K398.1K
Net Interest Income(6.5M)(6.3M)(14.1M)(22.0M)(19.2M)(18.2M)
Reconciled Depreciation41.8M46.6M59.5M57.9M50.4M54.1M

Pair Trading with Altus 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 Altus 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 Altus Group will appreciate offsetting losses from the drop in the long position's value.

Moving against Altus Stock

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The ability to find closely correlated positions to Altus 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 Altus 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 Altus 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 Altus Group Limited to buy it.
The correlation of Altus 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 Altus Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altus 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 Altus 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 Altus Stock

Altus 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 Altus Group shareholders. The income statement also shows Altus 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).