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Shaw Communications (SJR)
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Shaw Communications Income Statement 2022-2011 | SJR
Brief overview of financial results at Shaw Communications
The figures are compared over a five-year interval. Shaw Communications reported revenue of 5.5 billion Canadian dollars in 2015 and 5.4 billion Canadian dollars by 2020. The total change was −1.5%, with a CAGR of approximately −0.3%. The revenue trend is close to stagnation.
Gross profit was 3.3 billion Canadian dollars at the start and 3 billion Canadian dollars at the end of the period (−8.4%). The gross margin was 60.4% at the start and 56.1% at the end. A lower margin indicates deterioration in the economics of the core business.
Over the period, EBITDA shifted from 2.2 billion Canadian dollars to 1.2 billion Canadian dollars, a change of −48.2%. EBITDA underperformed the top-line trend. The EBITDA share of revenue changed from 40.8% to 21.5%. The margin contraction indicates weaker operating efficiency.
The five-year change in net income was −19.6%: from 856 million Canadian dollars to 688 million Canadian dollars. Profit pressure may reflect higher operating, financing, or tax costs.
Market capitalization changed from 9.1 billion Canadian dollars to 8.5 billion Canadian dollars (−6.8%). Market valuation remained comparatively stable.
Conclusion
The results contain several connected negative signals. The weaker side of the profile includes a lower gross margin, weak sales momentum and weaker operating efficiency. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Shaw Communications
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
15.1 B | 15 B | 8.46 B | 9.17 B | 7.67 B | 8.93 B | 9.82 B | 9.08 B | 11.2 B | 10.4 B | 9.04 B | 8.78 B |
Shares |
499 M | 504 M | 515 M | 511 M | 502 M | 491 M | 480 M | 468 M | 457 M | 448 M | 441 M | 435 M |
Historical Prices |
30.2 | 29.8 | 16.4 | 17.9 | 15.3 | 18.2 | 15.2 | 12.4 | 18.6 | 16.1 | 14.6 | 12 |
Net Income |
764 M | 986 M | 688 M | 733 M | 33 M | 851 M | 1.22 B | 856 M | 857 M | 746 M | 728 M | 454 M |
Revenue |
- | - | 5.41 B | 5.34 B | 5.24 B | 4.88 B | 4.88 B | 5.49 B | 5.24 B | 5.14 B | 5 B | 4.74 B |
Cost of Revenue |
2.91 B | 3.02 B | 3.03 B | 3.18 B | 3.58 B | 2.94 B | - | - | - | - | - | - |
Gross Profit |
- | - | 3.03 B | 2.83 B | 2.82 B | 2.8 B | 2.96 B | 3.31 B | 3.15 B | 3.12 B | 2.13 B | 2.03 B |
Operating Income |
1.31 B | 1.27 B | 1.16 B | 1.12 B | 586 M | 999 M | - | - | - | - | - | - |
Interest Expense |
260 M | 231 M | 274 M | 258 M | 248 M | 267 M | - | - | - | - | - | - |
EBITDA |
1.31 B | 1.27 B | 1.16 B | 1.12 B | 586 M | 999 M | 2.01 B | 2.24 B | 2.13 B | 2.08 B | 2.01 B | 1.94 B |
Operating Expenses |
2.91 B | 3.01 B | 3.02 B | 3.19 B | 3.13 B | 2.88 B | 1.82 B | 1.88 B | 1.71 B | 1.75 B | 808 M | 736 M |
General and Administrative Expenses |
- | - | 657 M | 663 M | 1.18 B | 859 M | 866 M | 987 M | 945 M | 900 M | 835 M | - |
Annual performance
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Quarterly Income Statement Shaw Communications
| 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
- | 499 M | - | - | - | 504 M | 505 M | 505 M | - | 515 M | 516 M | 516 M | - | 511 M | 510 M | 510 M | - | 502 M | - | 501 M | - | 491 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
- | 764 M | - | - | - | 986 M | 217 M | 217 M | - | 688 M | 167 M | 167 M | - | 733 M | 152 M | 154 M | - | 33 M | - | -175 M | - | 851 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
- | - | - | - | - | - | 1.39 B | 1.39 B | - | - | 1.36 B | 1.36 B | - | - | - | 1.32 B | - | 5.24 B | - | - | - | 4.88 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
- | 2.91 B | - | - | - | 3.02 B | 751 M | 751 M | - | 3.03 B | 763 M | 763 M | - | 3.18 B | 767 M | 767 M | - | 3.58 B | - | 1.26 B | - | 2.94 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
- | 1.31 B | - | - | - | 1.27 B | 333 M | 333 M | - | 1.16 B | 300 M | 300 M | - | 1.12 B | 285 M | 284 M | - | 586 M | - | -188 M | - | 999 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
- | 260 M | - | - | - | 231 M | 35 M | 67 M | - | 274 M | 68 M | 68 M | - | 258 M | 68 M | 68 M | - | 248 M | - | 63 M | - | 267 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
- | 1.31 B | - | - | - | 1.27 B | 333 M | 333 M | - | 1.16 B | 300 M | 300 M | - | 1.12 B | 285 M | 284 M | - | 586 M | - | -188 M | - | 999 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
- | 2.91 B | - | - | - | 3.01 B | 750 M | 750 M | - | 3.02 B | 763 M | 763 M | - | 3.19 B | 767 M | 767 M | - | 3.13 B | - | 846 M | - | 2.88 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Quarterly performance
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The income statement is one of the three key financial reports of a company Shaw Communications (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.