Part 2- Read and understand the financial statements

Similar to your past project, an important part of the analysis of the potential equity investment is an assessment of each company's current and future profitability as well as their financial soundness. You will have to extract details from their income statements in the last five years for both the target and the competitor companies. You can obtain this information directly after you have performed the stock screening on the TSX website, or you can go to the SEDAR filing system to search for Canadian companies' financial statements (https://www.sedar.com).