Income Statement TELUS International (Cda) Inc.

Equities

TIXT

CA87975H1001

IT Services & Consulting

Market Closed - Nyse Other stock markets 16:00:02 2024-09-11 EDT			5-day change	1st Jan Change
3.680 ^USD	+1.10%		+2.79%	-57.11%

09-11	Telus Announcing Strategic Partnership with Mila	MT
09-11	Telus Brief: Announcing Strategic Partnership with Mila to "Drive AI advancements and capabilities across sectors"	MT

6aedaa795ff1780383527a3bc582a02.Pl_KiyqvRS5hOrHFBmUY1YV1Ucm6LlXL9fYFebReiFs.Zjfy82-CBHdZW-XzcVcgisITBaPCagChhZ5SC-UHxCwJGJ7Ua-B0GQty0g

Published financial data: TELUS INTERNATIONAL (CDA) INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	1.02B	1.58B	2.19B	2.47B	2.71B
Total Revenues	1.02B	1.58B	2.19B	2.47B	2.71B
Cost of Goods Sold, Total	807M	1.21B	1.73B	1.89B	2.15B
Gross Profit	212M	369M	465M	582M	562M
Depreciation & Amortization - (IS)	73.1M	99.4M	115M	124M	141M
Amortization of Goodwill and Intangible Assets - (IS)	19.1M	82.8M	142M	134M	183M
Other Operating Expenses, Total	92.2M	182M	257M	258M	324M
Operating Income	120M	187M	208M	324M	238M
Interest Expense, Total	-36.3M	-45.4M	-44M	-41M	-144M
Net Interest Expenses	-36.3M	-45.4M	-44M	-41M	-144M
Currency Exchange Gains (Loss)	2.6M	1.5M	1M	7M	-
Other Non Operating Income (Expenses)	-	-	-	-	20M
EBT, Excl. Unusual Items	86.5M	143M	165M	290M	114M
Restructuring Charges	-6.1M	-6.6M	-	-	-
Merger & Related Restructuring Charges	-	-43.5M	-11M	-40M	-55M
Other Unusual Items	14.6M	57.9M	-12M	-	-
EBT, Incl. Unusual Items	95M	150M	142M	250M	59M
Income Tax Expense	26M	47.6M	64M	67M	5M
Earnings From Continuing Operations	69M	103M	78M	183M	54M
Net Income to Company	69M	103M	78M	183M	54M
Net Income - (IS)	69M	103M	78M	183M	54M
Net Income to Common Incl Extra Items	69M	103M	78M	183M	54M
Net Income to Common Excl. Extra Items	69M	103M	78M	183M	54M
Per Share Items
Net EPS - Basic	0.36	0.46	0.3	0.69	0.2
Basic EPS - Continuing Operations	0.36	0.46	0.3	0.69	0.2
Basic Weighted Average Shares Outstanding	190M	224M	264M	266M	274M
Net EPS - Diluted	0.36	0.46	0.29	0.68	0.18
Diluted EPS - Continuing Operations	0.36	0.46	0.29	0.68	0.18
Diluted Weighted Average Shares Outstanding	190M	226M	267M	270M	286M
Normalized Basic EPS	0.29	0.4	0.39	0.68	0.26
Normalized Diluted EPS	0.28	0.4	0.39	0.67	0.25
Supplemental Items
EBITDA	173M	313M	400M	512M	488M
EBITA	135M	262M	339M	445M	412M
EBIT	120M	187M	208M	324M	238M
Effective Tax Rate - (Ratio)	27.37	31.63	45.07	26.8	8.47
Total Current Taxes	28M	47.5M	83M	97M	62M
Total Deferred Taxes	-2M	100K	-19M	-30M	-57M
Normalized Net Income	54.06M	89.19M	103M	181M	71.25M
Interest on Long-Term Debt	27.1M	39.9M	38M	39M	128M
Non-Cash Pension Expense	1.9M	3.1M	2M	3M	4M
Supplemental Operating Expense Items
Stock-Based Comp., COGS (Total)	13.2M	29.4M	75M	25M	21M
Total Stock-Based Compensation	13.2M	29.4M	75M	25M	21M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	79.5M	152M	115M	125M	127M
Trading Asset Securities, Total	800K	1.8M	-	-	4M
Total Cash And Short Term Investments	80.3M	154M	115M	125M	131M
Accounts Receivable, Total	195M	332M	439M	504M	512M
Other Receivables	22.5M	38.3M	34M	12M	53M
Total Receivables	218M	370M	473M	516M	565M
Prepaid Expenses	27.9M	23.7M	36M	35M	35M
Other Current Assets, Total	2.5M	-	3M	19M	12M
Total Current Assets	328M	548M	627M	695M	743M
Gross Property Plant And Equipment	479M	626M	741M	862M	1.05B
Accumulated Depreciation	-178M	-264M	-336M	-413M	-533M
Net Property Plant And Equipment	301M	362M	405M	449M	517M
Goodwill	418M	1.5B	1.38B	1.35B	1.96B
Other Intangibles, Total	89.7M	1.29B	1.16B	1.01B	1.55B
Deferred Tax Assets Long-Term	4.7M	6.5M	23M	14M	29M
Deferred Charges Long-Term	1M	2M	-	-	-
Other Long-Term Assets, Total	25.8M	31.7M	33M	40M	25M
Total Assets	1.17B	3.74B	3.63B	3.56B	4.82B
Liabilities
Accounts Payable, Total	46.3M	49.8M	150M	150M	215M
Accrued Expenses, Total	102M	196M	241M	241M	238M
Current Portion of Long-Term Debt	5.9M	41.9M	281M	23M	64M
Current Portion of Leases	36.9M	50.4M	49M	60M	58M
Current Income Taxes Payable	40.6M	101M	67M	67M	57M
Unearned Revenue Current, Total	4M	7.6M	7M	-	4M
Other Current Liabilities	39.7M	58.1M	12M	11M	13M
Total Current Liabilities	276M	505M	807M	552M	649M
Long-Term Debt	329M	1.52B	654M	705M	1.39B
Long-Term Leases	152M	158M	166M	176M	240M
Deferred Tax Liability Non Current	1.7M	366M	305M	264M	290M
Other Non Current Liabilities	165M	84.4M	39M	21M	217M
Total Liabilities	923M	2.63B	1.97B	1.72B	2.79B
Common Stock, Total	284M	989M	1.49B	1.5B	1.65B
Additional Paid In Capital	-	-	24M	55M	55M
Retained Earnings	-54M	32.5M	107M	292M	347M
Comprehensive Income and Other	15.4M	89.4M	34M	-12M	-13M
Total Common Equity	246M	1.11B	1.66B	1.84B	2.04B
Total Equity	246M	1.11B	1.66B	1.84B	2.04B
Total Liabilities And Equity	1.17B	3.74B	3.63B	3.56B	4.82B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	190M	245M	266M	267M	274M
ECS Total Common Shares Outstanding	190M	245M	266M	267M	274M
Book Value / Share	1.3	4.54	6.22	6.88	7.43
Tangible Book Value	-262M	-1.68B	-883M	-520M	-1.47B
Tangible Book Value Per Share	-1.38	-6.88	-3.32	-1.95	-5.37
Total Debt	524M	1.77B	1.15B	964M	1.75B
Net Debt	443M	1.62B	1.04B	839M	1.62B
Debt Equivalent of Unfunded Proj. Benefit Obligation	8.8M	14.7M	11M	9M	14M
Account Code - Inventory Valuation	3	3	3	3	3
Buildings, Total	77.8M	95.1M	119M	138M	159M
Machinery, Total	188M	253M	279M	306M	367M
Full Time Employees	50K	50K	62.14K	-	75.35K
Accumulated Allowance for Doubtful Accounts (Supple)	1.8M	5.2M	2M	1M	2M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	69M	103M	78M	183M	54M
Depreciation & Amortization - CF	73.1M	99.4M	115M	124M	141M
Amortization of Goodwill and Intangible Assets - (CF)	14.9M	74.9M	131M	121M	174M
Depreciation & Amortization, Total	88M	174M	246M	245M	315M
Amortization of Deferred Charges, Total - (CF)	4.2M	7.9M	11M	13M	9M
Stock-Based Compensation (CF)	1.8M	15M	30M	6M	19M
Other Operating Activities, Total	6.8M	-38.2M	-14M	16M	58M
Change In Accounts Receivable	-38M	-29.4M	-124M	-26M	3M
Change In Accounts Payable	25M	28.8M	72M	-27M	-45M
Change in Unearned Revenues	-9.5M	2.9M	-1M	-	-
Change In Income Taxes	400K	4.2M	-10M	-1M	-2M
Change in Other Net Operating Assets	-6.1M	-5.4M	-6M	28M	87M
Cash from Operations	142M	263M	282M	437M	498M
Capital Expenditure	-52.7M	-59.2M	-99M	-105M	-89M
Cash Acquisitions	-50.8M	-1.81B	-11M	-1M	-852M
Other Investing Activities, Total	-	-	-	-13M	-
Cash from Investing	-104M	-1.87B	-110M	-119M	-941M
Long-Term Debt Issued, Total	72M	1.85B	71M	411M	1.16B
Total Debt Issued	72M	1.85B	71M	411M	1.16B
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-96M	-819M	-765M	-682M	-613M
Total Debt Repaid	-96M	-819M	-765M	-682M	-613M
Issuance of Common Stock	-	656M	527M	3M	4M
Repurchase of Common Stock	-	-	-5M	-1M	-4M
Other Financing Activities, Total	-	-	-34M	-31M	-105M
Cash from Financing	-24M	1.69B	-206M	-300M	443M
Foreign Exchange Rate Adjustments	-200K	-9.5M	-4M	-8M	2M
Net Change in Cash	13.9M	73M	-38M	10M	2M
Supplemental Items
Cash Interest Paid	14.7M	32.7M	29M	23M	105M
Cash Income Tax Paid (Refund)	28M	56.8M	93M	94M	73M
Levered Free Cash Flow	87.24M	275M	286M	289M	331M
Unlevered Free Cash Flow	110M	303M	314M	314M	421M
Change In Net Working Capital	17.9M	-33.9M	49M	66M	-16M
Net Debt Issued / Repaid	-24M	1.04B	-694M	-271M	548M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	7.23	4.75	3.55	5.64	3.55
Return on Total Capital	11.78	6.39	4.57	7.22	4.51
Return On Equity %	31.19	15.17	5.64	10.48	2.79
Return on Common Equity	31.19	15.17	5.64	10.48	2.79
Margin Analysis
Gross Profit Margin %	20.83	23.32	21.19	23.58	20.75
EBITDA Margin %	17	19.8	18.23	20.75	18.02
EBITA Margin %	13.25	16.53	15.45	18.03	15.21
EBIT Margin %	11.79	11.8	9.48	13.13	8.79
Income From Continuing Operations Margin %	6.77	6.51	3.56	7.41	1.99
Net Income Margin %	6.77	6.51	3.56	7.41	1.99
Net Avail. For Common Margin %	6.77	6.51	3.56	7.41	1.99
Normalized Net Income Margin	5.3	5.64	4.7	7.34	2.63
Levered Free Cash Flow Margin	8.56	17.36	13.06	11.7	12.21
Unlevered Free Cash Flow Margin	10.78	19.15	14.31	12.74	15.54
Asset Turnover
Asset Turnover	0.98	0.64	0.6	0.69	0.65
Fixed Assets Turnover	4.9	4.77	5.72	5.78	5.61
Receivables Turnover (Average Receivables)	5.84	6	5.9	5.23	5.37
Short Term Liquidity
Current Ratio	1.19	1.09	0.78	1.26	1.14
Quick Ratio	1.08	1.04	0.73	1.16	1.07
Operating Cash Flow to Current Liabilities	0.51	0.52	0.35	0.79	0.77
Days Sales Outstanding (Average Receivables)	62.47	60.99	61.89	69.73	67.93
Average Days Payable Outstanding	17.14	14.5	21.74	29.03	31.04
Long Term Solvency
Total Debt/Equity	213.06	159.38	69.49	52.45	86.01
Total Debt / Total Capital	68.06	61.45	41	34.4	46.24
LT Debt/Equity	195.65	151.07	49.55	47.93	80.02
Long-Term Debt / Total Capital	62.5	58.24	29.23	31.44	43.02
Total Liabilities / Total Assets	78.97	70.33	54.36	48.31	57.76
EBIT / Interest Expense	3.31	4.11	4.73	7.9	1.65
EBITDA / Interest Expense	5.74	7.95	10.32	13.88	3.84
(EBITDA - Capex) / Interest Expense	4.28	6.65	8.07	11.32	3.22
Total Debt / EBITDA	2.52	4.91	2.53	1.69	3.17
Net Debt / EBITDA	2.13	4.48	2.28	1.47	2.93
Total Debt / (EBITDA - Capex)	3.37	5.87	3.24	2.08	3.78
Net Debt / (EBITDA - Capex)	2.85	5.36	2.92	1.81	3.49
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	22.17	55.12	38.69	12.49	9.72
Gross Profit, 1 Yr. Growth %	50.75	68.86	28.45	25.16	-3.44
EBITDA, 1 Yr. Growth %	26.13	74.68	30.72	28	-4.69
EBITA, 1 Yr. Growth %	27.33	85.33	32.94	31.27	-7.42
EBIT, 1 Yr. Growth %	31.51	47.86	15.56	55.77	-26.54
Earnings From Cont. Operations, 1 Yr. Growth %	46.5	49.13	-24.27	134.62	-70.49
Net Income, 1 Yr. Growth %	46.5	49.13	-24.27	134.62	-70.49
Normalized Net Income, 1 Yr. Growth %	43.93	54.27	21.32	75.76	-60.69
Diluted EPS Before Extra, 1 Yr. Growth %	45.52	27.52	-36.93	134.48	-73.78
Accounts Receivable, 1 Yr. Growth %	26.92	70.03	43.93	14.81	3.23
Net Property, Plant and Equip., 1 Yr. Growth %	161.28	20.3	11.88	10.86	15.14
Total Assets, 1 Yr. Growth %	28.59	220.34	-1.87	-1.93	35.63
Tangible Book Value, 1 Yr. Growth %	-20.35	541.78	-46.16	-41.11	183.08
Common Equity, 1 Yr. Growth %	24.96	351.95	48.96	11.06	10.83
Cash From Operations, 1 Yr. Growth %	51.44	85.73	7.22	40.51	13.96
Capital Expenditures, 1 Yr. Growth %	10.95	12.33	65	6.06	-15.24
Levered Free Cash Flow, 1 Yr. Growth %	-	201.74	8.63	0.83	14.5
Unlevered Free Cash Flow, 1 Yr. Growth %	-	166.48	7.35	0.16	33.78
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	33.37	37.66	46.66	24.9	11.1
Gross Profit, 2 Yr. CAGR %	39.08	61.79	47.75	26.8	9.94
EBITDA, 2 Yr. CAGR %	25.63	50.98	37.04	18.93	2.44
EBITA, 2 Yr. CAGR %	26.52	56.99	55.61	30.08	8.5
EBIT, 2 Yr. CAGR %	24.46	42.88	31.11	34.16	6.97
Earnings From Cont. Operations, 2 Yr. CAGR %	26.09	47.81	6.32	33.29	-16.8
Net Income, 2 Yr. CAGR %	26.09	47.81	6.32	33.29	-16.8
Normalized Net Income, 2 Yr. CAGR %	12.79	54.09	36.93	46.03	-16.88
Diluted EPS Before Extra, 2 Yr. CAGR %	22.56	35.61	-10.25	21.61	-21.58
Accounts Receivable, 2 Yr. CAGR %	-	46.9	49.97	28.55	7.99
Net Property, Plant and Equip., 2 Yr. CAGR %	-	77.29	16	11.37	12.98
Total Assets, 2 Yr. CAGR %	-	102.96	76.12	-1.9	15.33
Tangible Book Value, 2 Yr. CAGR %	-	126.1	83.48	-43.69	29.11
Common Equity, 2 Yr. CAGR %	-	137.65	159.48	28.62	10.94
Cash From Operations, 2 Yr. CAGR %	24.81	67.72	40.92	21.3	26.54
Capital Expenditures, 2 Yr. CAGR %	8.82	11.64	36.67	32.29	-5.18
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	81.23	4.65	7.45
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	69.17	3.69	15.76
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %