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TransAlta Renewables Inc.

RNW.TO•TSX
Utilities
Renewable Utilities
CA$12.48
CA$0.14(1.13%)
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Over the last four quarters, TransAlta Renewables Inc. achieved steady financial progress, growing revenue from $124.00M in Q3 2022 to $99.00M in Q2 2023. Gross profit stayed firm with margins at 77% in Q2 2023 versus 52% in Q3 2022. Operating income totaled $22.00M in Q2 2023, maintaining a 22% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $50.00M. Net income dropped to $13.00M, with EPS at $0.05. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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