Calculate earnings per share and the price/earnings ratio for the years 2024 and 2023
Earnings per share (2024) $3.50 per share 2023 $2.50 per share
Price/earnings ratio(2024) 11.64 times (2023) 15.16 times
1.6775
Ivanhoe Corporation's suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the company's 2024 and 2023 comparative income statements and statement of financial position. The market price of Ivanhoe's common shares was $40.75 and $37.90 on June 30, 2024, and June 30, 2023, respectively. Ivanhoe declared dividends per common share of $0.475 and $0.418 for 2024 and 2023, respectively.
IVANHOE CORPORATION
Years Ended June 30, 2024 and 2023
(in thousands)
Comparative Income Statement
2024
2023
Total revenues
$2,297,750
$1,814,709
Total cost of goods sold
765,309
574,561
Total operating expenses
1,252,907
882,962
Net income
279,634
272,886
Statement of Financial Position
2024 2023
Total assets $7,532,636 $5,116,917
Total liabilities 3,916,856 3,783,971
Common share capital 1,433,084 824,526
Total shareholders' equity 3,615,780 1,332,946
SUPPORT
253,069
245,329