TELUS Digital (TIXT) Financials

$2.74 -0.11 (-3.68%)

Closing price 03:59 PM Eastern

Extended Trading

$2.74 -0.01 (-0.36%)

As of 04:38 PM Eastern

Annual Income Statements for TELUS Digital

This table shows TELUS Digital's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Net Income / (Loss) Attributable to Common Shareholders	-61	54	183	78	103	69	47
Consolidated Net Income / (Loss)	-61	54	183	78	103	69	47
Net Income / (Loss) Continuing Operations	-61	54	183	78	103	69	47
Total Pre-Tax Income	-22	59	250	142	151	95	69
Total Operating Income	52	183	284	185	121	114	88
Total Gross Profit	453	583	607	540	391	226	137
Total Revenue	2,658	2,708	2,468	2,194	1,582	1,020	835
Operating Revenue	2,658	2,708	2,468	2,194	1,582	1,020	835
Total Cost of Revenue	2,205	2,125	1,861	1,654	1,191	794	697
Operating Cost of Revenue	2,205	2,125	1,861	1,654	1,191	794	697
Total Operating Expenses	401	400	323	355	270	112	50
Depreciation Expense	144	141	124	115	99	73	31
Amortization Expense	180	183	134	142	83	19	18
Other Operating Expenses / (Income)	32	21	25	75	29	13	-
Restructuring Charge	45	55	40	23	59	7.00	-
Total Other Income / (Expense), net	-74	-124	-34	-43	30	-19	-19
Interest Expense	138	144	41	44	46	36	23
Other Income / (Expense), net	64	20	7.00	1.00	76	17	4.50
Income Tax Expense	39	5.00	67	64	48	26	22
Weighted Average Basic Shares Outstanding	111.27M	106.83M	73.08M	66.05M	51.93M	-	-
Diluted Earnings per Share	($0.34)	$0.18	$0.68	$0.29	$0.46	$0.36	$0.25
Weighted Average Diluted Shares Outstanding	111.27M	106.83M	73.08M	66.05M	51.93M	-	-
Weighted Average Basic & Diluted Shares Outstanding	111.27M	106.83M	73.08M	66.05M	51.93M	-	-

No quarterly income statements for TELUS Digital are available.

This table details how cash moves in and out of TELUS Digital's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Net Change in Cash & Equivalents	188	242	255	-275	-360	151	61
Net Cash From Operating Activities	756	1,705	946	505	2,210	175	221
Net Cash From Continuing Operating Activities	756	1,705	946	505	2,210	175	221
Net Income / (Loss) Continuing Operations	-61	54	183	78	103	69	47
Consolidated Net Income / (Loss)	-61	54	183	78	103	69	47
Depreciation Expense	324	324	258	257	182	92	50
Non-Cash Adjustments To Reconcile Net Income	454	1,322	438	106	1,877	-12	103
Changes in Operating Assets and Liabilities, net	39	5.00	67	64	48	26	22
Net Cash From Investing Activities	-3.00	-852	-1.00	-11	-1,742	0.00	-115
Net Cash From Continuing Investing Activities	-3.00	-852	-1.00	-11	-1,742	0.00	-115
Acquisitions	-3.00	-852	-1.00	-11	-1,742	0.00	-
Net Cash From Financing Activities	-563	-613	-682	-765	-819	-24	-43
Net Cash From Continuing Financing Activities	-563	-613	-682	-765	-819	-24	-43
Repayment of Debt	-563	-613	-682	-765	-819	-96	-4.60
Effect of Exchange Rate Changes	-2.00	2.00	-8.00	-4.00	-9.00	0.00	-1.10
Cash Interest Paid	92	105	23	29	34	15	15
Cash Income Taxes Paid	54	73	94	93	56	28	15

No quarterly cash flow statements for TELUS Digital are available.

This table presents TELUS Digital's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Total Assets	4,521	4,823	3,556	3,626	3,695	1,169
Total Current Assets	707	743	695	627	541	328
Cash & Equivalents	174	127	125	115	153	80
Short-Term Investments	13	16	19	3.00	2.00	3.30
Accounts Receivable	470	560	509	467	345	207
Prepaid Expenses	42	35	35	36	23	28
Current Deferred & Refundable Income Taxes	8.00	5.00	7.00	6.00	18	11
Plant, Property, & Equipment, net	456	517	449	405	362	301
Plant, Property & Equipment, gross	456	517	449	405	362	301
Total Noncurrent Assets	3,358	3,563	2,412	2,594	2,792	540
Goodwill	1,926	1,963	1,350	1,380	1,428	418
Intangible Assets	1,379	1,546	1,008	1,158	1,323	90
Noncurrent Deferred & Refundable Income Taxes	12	29	14	23	7.00	4.70
Other Noncurrent Operating Assets	41	25	40	33	34	27
Total Liabilities & Shareholders' Equity	4,521	4,823	3,556	3,626	3,695	1,169
Total Liabilities	2,576	2,786	1,718	1,971	2,584	923
Total Current Liabilities	745	649	552	807	492	276
Short-Term Debt	116	122	83	328	92	43
Accounts Payable	559	292	290	407	283	178
Current Deferred & Payable Income Tax Liabilities	68	57	67	67	91	41
Other Current Liabilities	2.00	178	112	5.00	18	10
Total Noncurrent Liabilities	1,831	2,137	1,166	1,164	2,092	647
Long-Term Debt	1,409	1,628	881	837	1,674	478
Noncurrent Deferred & Payable Income Tax Liabilities	256	290	264	305	324	1.70
Other Noncurrent Operating Liabilities	166	219	21	22	94	168
Total Equity & Noncontrolling Interests	1,945	2,037	1,838	1,655	1,111	246
Total Preferred & Common Equity	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	0.00	0.00	0.00	0.00	0.00	0.00

No quarterly balance sheets for TELUS Digital are available.

This table displays calculated financial ratios and metrics derived from TELUS Digital's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	-1.85%	9.72%	12.49%	38.69%	55.10%	22.21%	0.00%
EBITDA Growth	-16.51%	-4.01%	23.93%	16.89%	69.96%	57.37%	0.00%
EBIT Growth	-42.86%	-30.24%	56.45%	-5.58%	50.38%	42.08%	0.00%
NOPAT Growth	-78.27%	-19.43%	104.57%	23.12%	-0.32%	38.31%	0.00%
Net Income Growth	-212.96%	-70.49%	134.62%	-24.27%	49.28%	46.50%	0.00%
EPS Growth	-288.89%	-73.53%	134.48%	-36.96%	27.78%	44.00%	0.00%
Operating Cash Flow Growth	-55.66%	80.23%	87.33%	-77.15%	1,162.86%	-20.81%	0.00%
Free Cash Flow Firm Growth	148.55%	-424.95%	94.33%	106.61%	-224.12%	0.00%	0.00%
Invested Capital Growth	-9.91%	37.10%	-1.63%	-1.03%	297.09%	0.00%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	17.04%	21.53%	24.59%	24.61%	24.72%	22.16%	16.44%
EBITDA Margin	16.55%	19.46%	22.24%	20.19%	23.96%	21.86%	16.98%
Operating Margin	1.96%	6.76%	11.51%	8.43%	7.65%	11.18%	10.51%
EBIT Margin	4.36%	7.50%	11.79%	8.48%	12.45%	12.84%	11.05%
Profit (Net Income) Margin	-2.30%	1.99%	7.41%	3.56%	6.51%	6.76%	5.64%
Tax Burden Percent	277.27%	91.53%	73.20%	54.93%	68.21%	72.63%	68.26%
Interest Burden Percent	-18.97%	29.06%	85.91%	76.34%	76.65%	72.52%	74.84%
Effective Tax Rate	0.00%	8.47%	26.80%	45.07%	31.79%	27.37%	31.74%
Return on Invested Capital (ROIC)	1.05%	5.32%	7.76%	3.74%	4.83%	24.09%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-5.56%	-4.04%	5.09%	1.97%	6.82%	17.84%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-4.11%	-2.53%	2.72%	1.90%	10.35%	32.06%	0.00%
Return on Equity (ROE)	-3.06%	2.79%	10.48%	5.64%	15.18%	56.14%	0.00%
Cash Return on Invested Capital (CROIC)	11.47%	-25.98%	9.40%	4.77%	-114.70%	-175.91%	0.00%
Operating Return on Assets (OROA)	2.48%	4.85%	8.10%	5.08%	8.10%	11.21%	0.00%
Return on Assets (ROA)	-1.31%	1.29%	5.10%	2.13%	4.24%	5.90%	0.00%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	36	167	208	102	83	83	60
NOPAT Margin	1.37%	6.19%	8.42%	4.63%	5.22%	8.12%	7.17%
Net Nonoperating Expense Percent (NNEP)	6.61%	9.35%	2.67%	1.77%	-1.99%	6.25%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	1.05%	4.42%	7.42%	-	-	-	-
Cost of Revenue to Revenue	82.96%	78.47%	75.41%	75.39%	75.28%	77.84%	83.56%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	15.09%	14.77%	13.09%	16.18%	17.07%	10.98%	5.93%
Earnings before Interest and Taxes (EBIT)	116	203	291	186	197	131	92
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	440	527	549	443	379	223	142
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.16	0.23	0.53	0.78	0.58	0.91	1.11
Price to Earnings (P/E)	0.00	11.61	7.14	22.01	8.98	13.41	19.64
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	8.61%	14.00%	4.54%	11.14%	7.46%	5.09%
Enterprise Value to Invested Capital (EV/IC)	0.54	0.61	0.80	1.02	0.93	1.98	0.00
Enterprise Value to Revenue (EV/Rev)	0.66	0.83	0.86	1.26	1.60	1.34	0.00
Enterprise Value to EBITDA (EV/EBITDA)	3.99	4.24	3.87	6.24	6.69	6.11	0.00
Enterprise Value to EBIT (EV/EBIT)	15.14	11.01	7.31	14.86	12.87	10.40	0.00
Enterprise Value to NOPAT (EV/NOPAT)	48.26	13.34	10.23	27.20	30.73	16.46	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	2.32	1.31	2.25	5.47	1.15	7.79	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	4.42	0.00	8.44	21.32	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.78	0.86	0.52	0.70	1.59	2.12	0.00
Long-Term Debt to Equity	0.72	0.80	0.48	0.51	1.51	1.94	0.00
Financial Leverage	0.74	0.63	0.53	0.96	1.52	1.80	0.00
Leverage Ratio	2.35	2.16	2.06	2.65	3.58	4.76	0.00
Compound Leverage Factor	-0.45	0.63	1.77	2.02	2.75	3.45	0.00
Debt to Total Capital	43.95%	46.21%	34.40%	41.31%	61.38%	67.92%	0.00%
Short-Term Debt to Total Capital	3.34%	3.22%	2.96%	11.63%	3.20%	5.59%	0.00%
Long-Term Debt to Total Capital	40.61%	42.99%	31.44%	29.68%	58.19%	62.34%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Debt to EBITDA	3.47	3.32	1.76	2.63	4.66	2.33	0.00
Net Debt to EBITDA	3.04	3.05	1.49	2.36	4.25	1.96	0.00
Long-Term Debt to EBITDA	3.20	3.09	1.60	1.89	4.42	2.14	0.00
Debt to NOPAT	41.90	10.45	4.64	11.46	21.40	6.29	0.00
Net Debt to NOPAT	36.76	9.59	3.94	10.30	19.52	5.29	0.00
Long-Term Debt to NOPAT	38.71	9.72	4.24	8.24	20.28	5.77	0.00
Altman Z-Score	0.76	0.86	1.47	1.24	0.83	1.90	0.00
Noncontrolling Interest Sharing Ratio	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	0.95	1.14	1.26	0.78	1.10	1.19	0.00
Quick Ratio	0.88	1.08	1.18	0.72	1.02	1.05	0.00
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	397	-819	252	130	-1,960	-605	0.00
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	2.88	-5.68	6.14	2.95	-42.61	-16.80	0.00
Operating Cash Flow to Interest Expense	5.48	11.84	23.07	11.48	48.04	4.86	9.53
Operating Cash Flow Less CapEx to Interest Expense	5.48	11.84	23.07	11.48	48.04	4.86	9.53
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.57	0.65	0.69	0.60	0.65	0.87	0.00
Accounts Receivable Turnover	5.16	5.07	5.06	5.40	5.73	4.93	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	5.46	5.61	5.78	5.72	4.77	3.39	0.00
Accounts Payable Turnover	5.18	7.30	5.34	4.79	5.16	4.46	0.00
Days Sales Outstanding (DSO)	70.72	72.04	72.17	67.54	63.66	74.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	70.43	49.98	68.35	76.13	70.67	81.92	0.00
Cash Conversion Cycle (CCC)	0.29	22.06	3.82	-8.59	-7.02	-7.92	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	3,283	3,644	2,658	2,702	2,730	688	0.00
Invested Capital Turnover	0.77	0.86	0.92	0.81	0.93	2.97	0.00
Increase / (Decrease) in Invested Capital	-361	986	-44	-28	2,043	688	0.00
Enterprise Value (EV)	1,757	2,234	2,127	2,764	2,536	1,363	0.00
Market Capitalization	419	627	1,307	1,717	925	925	925
Book Value per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Tangible Book Value per Share	($30.94)	($48.01)	($35.70)	($48.87)	($52.97)	($13.73)	$0.00
Total Capital	3,470	3,787	2,802	2,820	2,877	766	0.00
Total Debt	1,525	1,750	964	1,165	1,766	521	0.00
Total Long-Term Debt	1,409	1,628	881	837	1,674	478	0.00
Net Debt	1,338	1,607	820	1,047	1,611	438	0.00
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-109	73	82	30	-14	13	0.00
Debt-free Net Working Capital (DFNWC)	78	216	226	148	141	95	0.00
Net Working Capital (NWC)	-38	94	143	-180	49	53	0.00
Net Nonoperating Expense (NNE)	97	113	25	24	-20	14	13
Net Nonoperating Obligations (NNO)	1,338	1,607	820	1,047	1,619	442	0.00
Total Depreciation and Amortization (D&A)	324	324	258	257	182	92	50
Debt-free, Cash-free Net Working Capital to Revenue	-4.10%	2.70%	3.32%	1.37%	-0.89%	1.23%	0.00%
Debt-free Net Working Capital to Revenue	2.93%	7.98%	9.16%	6.75%	8.91%	9.34%	0.00%
Net Working Capital to Revenue	-1.43%	3.47%	5.79%	-8.20%	3.10%	5.15%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	111.27M	106.83M	73.08M	66.05M	51.93M	0.00	0.00
Adjusted Diluted Earnings per Share	($0.34)	$0.18	$0.68	$0.29	$0.46	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	111.27M	106.83M	73.08M	66.05M	51.93M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	111.27M	106.83M	73.08M	66.05M	51.93M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	68	218	237	114	123	88	60
Normalized NOPAT Margin	2.55%	8.04%	9.61%	5.21%	7.76%	8.62%	7.17%
Pre Tax Income Margin	-0.83%	2.18%	10.13%	6.47%	9.54%	9.31%	8.27%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	0.84	1.41	7.10	4.23	4.28	3.64	3.97
NOPAT to Interest Expense	0.26	1.16	5.07	2.31	1.79	2.30	2.58
EBIT Less CapEx to Interest Expense	0.84	1.41	7.10	4.23	4.28	3.64	3.97
NOPAT Less CapEx to Interest Expense	0.26	1.16	5.07	2.31	1.79	2.30	2.58
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

No quarterly metrics and ratios for TELUS Digital are available.

Frequently Asked Questions About TELUS Digital's Financials

When does TELUS Digital's fiscal year end?

According to the most recent income statement we have on file, TELUS Digital's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has TELUS Digital's net income changed over the last 6 years?

TELUS Digital's net income appears to be on a downward trend, with a most recent value of -$61 million in 2024, falling from $47.10 million in 2018. The previous period was $54 million in 2023. View TELUS Digital's forecast to see where analysts expect TELUS Digital to go next.

What is TELUS Digital's operating income?

TELUS Digital's total operating income in 2024 was $52 million, based on the following breakdown:

Total Gross Profit: $453 million
Total Operating Expenses: $401 million

How has TELUS Digital revenue changed over the last 6 years?

Over the last 6 years, TELUS Digital's total revenue changed from $834.60 million in 2018 to $2.66 billion in 2024, a change of 218.5%.

How much debt does TELUS Digital have?

TELUS Digital's total liabilities were at $2.58 billion at the end of 2024, a 7.5% decrease from 2023, and a 179.0% increase since 2019.

How much cash does TELUS Digital have?

In the past 5 years, TELUS Digital's cash and equivalents has ranged from $79.50 million in 2019 to $174 million in 2024, and is currently $174 million as of their latest financial filing in 2024.

How has TELUS Digital's book value per share changed over the last 6 years?

Over the last 6 years, TELUS Digital's book value per share changed from 0.00 in 2018 to 0.00 in 2024, a change of 0.0%.

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This page (NYSE:TIXT) was last updated on 5/21/2025 by MarketBeat.com Staff

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TELUS Digital (TIXT) Financials

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TELUS Digital (TIXT) Financials

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