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Corus Entertainment reported a net income of about 19.3 million Canadian dollars in its third fiscal quarter of 2024, marking a significant increase from the -495.1 million in the corresponding fiscal period of the previous year.

Quarterly net income of Corus Entertainment from fiscal 1st quarter 2013 to 3rd quarter 2024 (in million Canadian dollars)

Characteristic	Income in million Canadian dollars
Q3 2024	19.3
Q2 2024	9.8
Q1 2024	32.7
Q4 2023	50.4
Q3 2023	-495.1
Q2 2023	-15.5
Q1 2023	31.4
Q4 2022	-367.1
Q3 2022	29.6
Q2 2022	16.2
Q1 2022	76.2
Q4 2021	19.9
Q3 2021	40.7
Q2 2021	35.3
Q1 2021	76.66
Q4 2020	30.28
Q3 2020	-752.28
Q2 2020	18.52
Q1 2020	78.12
Q4 2019	22.95
Q3 2019	66.38
Q2 2019	6.34
Q1 2019	60.42
Q4 2018	39.86
Q3 2018	-935.9
Q2 2018	40.04
Q1 2018	85.01
Q4 2017	35.71
Q3 2017	66.72
Q2 2017	24.88
Q1 2017	80.7
Q4 2016	8.51
Q3 2016	-10.9
Q2 2016	102.23
Q1 2016	42.82
Q4 2015	20.04
Q3 2015	-6.87
Q2 2015	-85.86
Q1 2015	53.18
Q4 2014	25.63
Q3 2014	-28.87
Q2 2014	7.06
Q1 2014	152.34
Q4 2013	13.34
Q3 2013	91.51
Q2 2013	6.88
Q1 2013	54.02

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Release date

July 2024

More information

Region

Canada

Survey time period

September 2012 to May 31, 2024

Supplementary notes

Corus Entertainment operates on fiscal years that begins September 1 and ends August 31.
For fiscal 2013, as a result of retroactive application of IFRS 11 - Joint Arrangements, the Company is no longer permitted to proportionately consolidate its 50% equity interest in the operations of TELETOON up to August 31, 2013 (i.e. prior to the business combination on September 1, 2013) and is required to account for its investment using the equity method of accounting. As a consequence, the Television revenues and segment profit for the year ended August 31, 2013 were reduced by $52.0 million and $19.0 million, respectively, and Corus’ share of TELETOON’s net income of $12.1 million was reported as Other expense (income) in the Consolidated Statements of Income and Comprehensive Income. The restatement did not change reported net income for fiscal 2013.
Figures have bee rounded.

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