Wajax Historical Income Statement

WJX Stock  CAD 22.91  0.06  0.26%   
Historical analysis of Wajax income statement accounts such as Interest Expense of 37.4 M, Total Revenue of 1.5 B, Gross Profit of 250.5 M or Operating Income of 88.9 M can show how well Wajax performed in making a profits. Evaluating Wajax income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Wajax's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Wajax 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 Wajax 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 Wajax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

About Wajax Income Statement Analysis

Wajax 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 Wajax shareholders. The income statement also shows Wajax 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).

Wajax Income Statement Chart

At this time, Wajax's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 18th of August 2025, Tax Provision is likely to grow to about 16.5 M, while Total Revenue is likely to drop about 1.5 B.

Total Revenue

Total revenue comprises all receipts Wajax 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 Wajax minus its cost of goods sold. It is profit before Wajax 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.

Operating Income

Operating Income is the amount of profit realized from Wajax operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Wajax is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Wajax's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Wajax 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 Wajax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
At this time, Wajax's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 18th of August 2025, Tax Provision is likely to grow to about 16.5 M, while Total Revenue is likely to drop about 1.5 B.
 2022 2023 2024 2025 (projected)
Gross Profit390.3M444.2M413.8M250.5M
Total Revenue2.0B2.2B2.1B1.5B

Wajax income statement Correlations

0.65-0.27-0.35-0.30.390.280.640.940.650.680.740.670.780.10.20.630.7-0.950.85
0.65-0.07-0.27-0.190.350.690.710.710.950.970.760.990.370.610.660.830.18-0.650.78
-0.27-0.070.980.99-0.96-0.32-0.07-0.150.1-0.1-0.11-0.18-0.040.160.28-0.01-0.110.05-0.05
-0.35-0.270.981.0-0.99-0.43-0.18-0.25-0.09-0.3-0.22-0.37-0.080.040.16-0.16-0.110.15-0.18
-0.3-0.190.991.0-0.98-0.38-0.13-0.18-0.02-0.22-0.16-0.3-0.060.090.22-0.09-0.080.09-0.1
0.390.35-0.96-0.99-0.980.530.280.290.170.370.320.450.120.06-0.060.220.12-0.20.23
0.280.69-0.32-0.43-0.380.530.710.350.540.590.720.70.070.880.790.59-0.04-0.290.43
0.640.71-0.07-0.18-0.130.280.710.610.710.690.980.690.70.690.660.570.5-0.720.6
0.940.71-0.15-0.25-0.180.290.350.610.680.70.720.720.630.240.360.790.63-0.90.97
0.650.950.1-0.09-0.020.170.540.710.680.940.740.920.470.540.620.790.21-0.680.72
0.680.97-0.1-0.3-0.220.370.590.690.70.940.730.970.470.480.520.720.29-0.680.75
0.740.76-0.11-0.22-0.160.320.720.980.720.740.730.740.720.670.670.640.55-0.80.71
0.670.99-0.18-0.37-0.30.450.70.690.720.920.970.740.360.570.60.820.19-0.640.78
0.780.37-0.04-0.08-0.060.120.070.70.630.470.470.720.360.010.070.240.87-0.820.49
0.10.610.160.040.090.060.880.690.240.540.480.670.570.010.950.56-0.12-0.220.37
0.20.660.280.160.22-0.060.790.660.360.620.520.670.60.070.950.67-0.06-0.310.48
0.630.83-0.01-0.16-0.090.220.590.570.790.790.720.640.820.240.560.670.12-0.610.83
0.70.18-0.11-0.11-0.080.12-0.040.50.630.210.290.550.190.87-0.12-0.060.12-0.730.51
-0.95-0.650.050.150.09-0.2-0.29-0.72-0.9-0.68-0.68-0.8-0.64-0.82-0.22-0.31-0.61-0.73-0.85
0.850.78-0.05-0.18-0.10.230.430.60.970.720.750.710.780.490.370.480.830.51-0.85
Click cells to compare fundamentals

Wajax Account Relationship Matchups

Wajax income statement Accounts

202020212022202320242025 (projected)
Interest Expense21.1M19.4M17.7M26.5M35.6M37.4M
Total Revenue1.4B1.6B2.0B2.2B2.1B1.5B
Gross Profit262.0M331.9M390.3M444.2M413.8M250.5M
Operating Income72.5M92.5M114.2M135.5M96.5M88.9M
Ebitda117.1M147.9M169.7M194.7M175.2M105.4M
Total Other Income Expense Net(28.8M)(19.1M)(17.3M)(25.9M)(9.3M)(9.8M)
Net Income31.7M53.2M72.4M81.0M42.8M41.8M
Income Tax Expense11.9M19.9M24.1M28.7M33.0M34.6M
Depreciation And Amortization52.4M55.4M55.5M58.6M67.4M70.7M
Selling General Administrative189.6M244.3M276.5M315.1M311.5M231.8M
Other Operating Expenses1.4B1.5B1.8B2.0B2.3B1.4B
Ebit64.7M92.5M114.2M136.1M156.6M164.4M
Cost Of Revenue1.2B1.3B1.6B1.7B1.7B1.2B
Total Operating Expenses189.6M239.6M276.5M315.1M2.0B2.1B
Income Before Tax43.6M73.2M96.5M109.6M58.3M57.0M
Net Income From Continuing Ops31.7M53.2M72.4M81.0M42.8M43.7M
Net Income Applicable To Common Shares31.7M53.2M72.4M81.0M42.8M43.3M
Tax Provision11.9M19.9M24.1M28.7M15.5M16.5M
Interest Income21.0M19.1M17.3M630K38.2M40.1M
Net Interest Income(21.0M)(19.1M)(17.3M)(25.9M)(34.6M)(32.9M)
Reconciled Depreciation52.4M55.4M55.5M58.6M62.2M53.1M

Pair Trading with Wajax

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 Wajax 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 Wajax will appreciate offsetting losses from the drop in the long position's value.

Moving against Wajax Stock

  0.43DFR Diamond Fields Resources Earnings Call TodayPairCorr
  0.4MRZ Mirasol ResourcesPairCorr
The ability to find closely correlated positions to Wajax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wajax 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 Wajax - 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 Wajax to buy it.
The correlation of Wajax 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 Wajax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wajax 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 Wajax 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 Wajax Stock

Wajax 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 Wajax shareholders. The income statement also shows Wajax 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).