FirstService Historical Income Statement

FSV Stock  USD 190.32  1.51  0.79%   
Historical analysis of FirstService Corp income statement accounts such as Total Revenue of 2.5 B or Gross Profit of 825.5 M can show how well FirstService Corp performed in making a profits. Evaluating FirstService Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of FirstService Corp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining FirstService Corp 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 FirstService Corp is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstService Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy FirstService Stock please use our How to Invest in FirstService Corp guide.

About FirstService Income Statement Analysis

FirstService Corp 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 FirstService Corp shareholders. The income statement also shows FirstService 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).

FirstService Corp Income Statement Chart

At this time, FirstService Corp's Interest Income is fairly stable compared to the past year. Research Development is likely to climb to 0.05 in 2024, whereas Total Revenue is likely to drop slightly above 2.5 B in 2024.

Total Revenue

Total revenue comprises all receipts FirstService Corp 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 FirstService Corp minus its cost of goods sold. It is profit before FirstService Corp 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 FirstService Corp. It is also known as FirstService Corp 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.

Cost Of Revenue

Cost of Revenue is found on FirstService Corp income statement and represents the costs associated with goods and services FirstService Corp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of FirstService Corp whose combined shares represent less than 50% of the total outstanding shares issued by FirstService Corp have a minority interest in FirstService Corp.
Most accounts from FirstService Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into FirstService Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstService Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy FirstService Stock please use our How to Invest in FirstService Corp guide.At this time, FirstService Corp's Interest Income is fairly stable compared to the past year. Research Development is likely to climb to 0.05 in 2024, whereas Total Revenue is likely to drop slightly above 2.5 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense16.0M25.2M47.4M49.7M
Depreciation And Amortization3.0B3.4B127.9M121.5M

FirstService Corp income statement Correlations

-0.050.380.310.390.02-0.990.090.420.310.04-0.070.080.50.540.060.40.580.420.49-0.140.130.480.3
-0.050.690.710.710.340.110.550.670.770.23-0.90.060.380.620.14-0.350.590.580.78-0.93-0.410.73-0.81
0.380.690.991.00.53-0.310.681.00.920.47-0.620.380.630.880.4-0.380.640.880.78-0.69-0.470.89-0.32
0.310.710.990.980.52-0.240.670.970.950.45-0.60.340.550.820.36-0.420.580.830.74-0.66-0.460.84-0.33
0.390.711.00.980.45-0.330.630.990.950.39-0.660.30.610.880.31-0.350.650.860.8-0.71-0.40.89-0.32
0.020.340.530.520.450.080.970.530.240.99-0.180.940.410.510.97-0.540.380.660.39-0.35-0.930.52-0.51
-0.990.11-0.31-0.24-0.330.080.01-0.35-0.270.060.040.01-0.45-0.480.03-0.46-0.53-0.34-0.430.09-0.23-0.41-0.36
0.090.550.680.670.630.970.010.680.450.93-0.380.840.520.650.89-0.550.530.770.59-0.55-0.90.69-0.62
0.420.671.00.970.990.53-0.350.680.90.47-0.620.390.650.910.41-0.360.660.90.79-0.7-0.470.9-0.32
0.310.770.920.950.950.24-0.270.450.90.16-0.690.050.470.750.06-0.320.570.720.75-0.7-0.210.79-0.3
0.040.230.470.450.390.990.060.930.470.16-0.050.960.410.460.99-0.530.330.630.32-0.25-0.90.46-0.43
-0.07-0.9-0.62-0.6-0.66-0.180.04-0.38-0.62-0.69-0.050.04-0.3-0.60.00.09-0.6-0.45-0.730.890.32-0.680.65
0.080.060.380.340.30.940.010.840.390.050.960.040.260.380.96-0.430.260.540.21-0.11-0.840.36-0.29
0.50.380.630.550.610.41-0.450.520.650.470.41-0.30.260.790.42-0.120.60.770.67-0.53-0.350.74-0.24
0.540.620.880.820.880.51-0.480.650.910.750.46-0.60.380.790.44-0.210.80.940.89-0.78-0.460.97-0.38
0.060.140.40.360.310.970.030.890.410.060.990.00.960.420.44-0.460.320.590.27-0.2-0.890.42-0.38
0.4-0.35-0.38-0.42-0.35-0.54-0.46-0.55-0.36-0.32-0.530.09-0.43-0.12-0.21-0.460.07-0.46-0.160.220.49-0.250.46
0.580.590.640.580.650.38-0.530.530.660.570.33-0.60.260.60.80.320.070.650.82-0.74-0.280.79-0.45
0.420.580.880.830.860.66-0.340.770.90.720.63-0.450.540.770.940.59-0.460.650.83-0.69-0.560.93-0.42
0.490.780.780.740.80.39-0.430.590.790.750.32-0.730.210.670.890.27-0.160.820.83-0.9-0.360.96-0.57
-0.14-0.93-0.69-0.66-0.71-0.350.09-0.55-0.7-0.7-0.250.89-0.11-0.53-0.78-0.20.22-0.74-0.69-0.90.41-0.850.78
0.13-0.41-0.47-0.46-0.4-0.93-0.23-0.9-0.47-0.21-0.90.32-0.84-0.35-0.46-0.890.49-0.28-0.56-0.360.41-0.50.55
0.480.730.890.840.890.52-0.410.690.90.790.46-0.680.360.740.970.42-0.250.790.930.96-0.85-0.5-0.49
0.3-0.81-0.32-0.33-0.32-0.51-0.36-0.62-0.32-0.3-0.430.65-0.29-0.24-0.38-0.380.46-0.45-0.42-0.570.780.55-0.49
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FirstService Corp Account Relationship Matchups

FirstService Corp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.6B2.7B3.0B3.4B127.9M121.5M
Interest Expense32.1M24.3M16.0M25.2M47.4M49.7M
Total Revenue2.4B2.8B3.2B3.7B4.3B2.5B
Gross Profit773.3M900.6M1.0B1.2B1.4B825.5M
Other Operating Expenses2.6B2.6B3.0B3.5B4.1B2.4B
Operating Income(166.9M)169.4M201.6M219.0M244.9M257.1M
Ebit(2.7B)(2.5B)(2.7B)(3.0B)266.4M279.7M
Ebitda(81.3M)272.1M312.6M333.7M394.3M414.1M
Cost Of Revenue1.6B1.9B2.2B2.6B2.9B1.7B
Total Operating Expenses940.2M726.9M832.6M956.6M1.1B709.5M
Income Before Tax(200.5M)145.5M209.0M194.0M203.3M213.5M
Total Other Income Expense Net(33.6M)(24.0M)7.4M(25.0M)(41.6M)(39.5M)
Net Income(227.6M)87.3M135.2M121.1M100.4M105.4M
Income Tax Expense27.1M35.9M52.9M49.0M56.3M29.8M
Selling General Administrative546.3M628.5M733.6M846.4M993.2M560.6M
Net Income From Continuing Ops(227.6M)109.6M156.1M145.0M147.0M154.4M
Net Income Applicable To Common Shares(251.6M)87.3M135.2M121.1M139.2M146.2M
Minority Interest174.7M193.0M(20.9M)(23.9M)(46.6M)(44.3M)
Tax Provision27.1M35.9M52.9M49.0M56.3M39.1M
Net Interest Income(32.1M)(24.3M)(16.0M)(25.2M)(47.4M)(45.0M)
Reconciled Depreciation79.6M98.4M99.0M110.1M127.9M95.8M

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