Australian Agricultural Projects Ltd
ASX:AAP
Income Statement
Earnings Waterfall
Australian Agricultural Projects Ltd
Income Statement
Australian Agricultural Projects Ltd
| Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
0
|
0
|
0
|
|
| Revenue |
10
N/A
|
12
+17%
|
12
+4%
|
15
+26%
|
17
+10%
|
17
0%
|
17
-2%
|
14
-14%
|
14
-1%
|
8
-43%
|
17
+108%
|
2
-87%
|
3
+54%
|
3
-4%
|
3
-18%
|
3
N/A
|
3
+35%
|
4
+5%
|
3
-5%
|
3
-5%
|
3
-10%
|
3
-14%
|
2
-35%
|
2
+5%
|
2
+41%
|
2
-5%
|
1
-52%
|
1
+14%
|
3
+159%
|
3
+3%
|
3
-23%
|
3
+16%
|
3
+10%
|
3
-3%
|
5
+46%
|
5
+13%
|
6
+5%
|
4
-29%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(6)
|
(7)
|
(5)
|
(8)
|
(9)
|
(11)
|
(11)
|
(9)
|
(9)
|
(5)
|
(13)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
|
| Gross Profit |
4
N/A
|
5
+12%
|
7
+50%
|
7
+4%
|
8
+7%
|
6
-20%
|
6
-4%
|
5
-7%
|
5
-1%
|
2
-58%
|
4
+80%
|
1
-83%
|
2
+163%
|
1
-16%
|
1
-62%
|
0
-29%
|
2
+307%
|
2
-7%
|
1
-28%
|
1
+13%
|
1
-11%
|
1
-23%
|
0
-87%
|
0
-29%
|
1
+684%
|
0
-37%
|
(1)
N/A
|
(0)
+72%
|
2
N/A
|
2
-3%
|
1
-63%
|
1
+82%
|
1
+32%
|
1
-16%
|
2
+105%
|
3
+22%
|
3
-2%
|
2
-34%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(8)
|
(11)
|
(11)
|
(8)
|
(6)
|
(5)
|
(4)
|
(4)
|
(5)
|
(3)
|
(5)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Selling, General & Administrative |
(6)
|
(8)
|
(6)
|
(5)
|
(2)
|
(4)
|
(4)
|
(3)
|
(4)
|
(3)
|
(4)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Other Operating Expenses |
(2)
|
(3)
|
(4)
|
(3)
|
(4)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(4)
N/A
|
(6)
-62%
|
(4)
+41%
|
(1)
+76%
|
1
N/A
|
1
+21%
|
2
+6%
|
1
-7%
|
1
-56%
|
(0)
N/A
|
(0)
-123%
|
(0)
+39%
|
1
N/A
|
1
-24%
|
(0)
N/A
|
0
N/A
|
1
+11 066%
|
1
-9%
|
1
-47%
|
1
+8%
|
1
-9%
|
0
-37%
|
(0)
N/A
|
(0)
-9%
|
(0)
+72%
|
(0)
-238%
|
(1)
-190%
|
(1)
+32%
|
1
N/A
|
1
-2%
|
(0)
N/A
|
0
N/A
|
0
+382%
|
0
-71%
|
1
+1 094%
|
2
+37%
|
2
-11%
|
1
-55%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
(0)
|
|
| Non-Reccuring Items |
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(3)
|
(3)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(5)
N/A
|
(7)
-42%
|
(4)
+34%
|
(2)
+56%
|
0
N/A
|
1
+833%
|
1
+7%
|
0
-27%
|
(1)
N/A
|
(5)
-870%
|
(6)
-8%
|
(1)
+74%
|
(0)
+79%
|
(0)
+81%
|
(0)
-217%
|
(0)
-121%
|
1
N/A
|
1
+25%
|
0
-46%
|
1
+44%
|
0
-20%
|
0
-77%
|
(1)
N/A
|
(1)
-10%
|
(0)
+42%
|
(1)
-74%
|
(2)
-93%
|
(1)
+39%
|
1
N/A
|
0
-40%
|
(1)
N/A
|
(0)
+30%
|
0
N/A
|
(0)
N/A
|
1
N/A
|
2
+68%
|
2
+6%
|
1
-65%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
1
|
1
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(5)
|
(7)
|
(4)
|
(2)
|
0
|
0
|
1
|
1
|
0
|
(5)
|
(6)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
1
|
1
|
0
|
1
|
0
|
0
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
(0)
|
0
|
1
|
0
|
1
|
2
|
2
|
1
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
(5)
N/A
|
(7)
-42%
|
(4)
+34%
|
(2)
+56%
|
0
N/A
|
0
+567%
|
1
+53%
|
1
-7%
|
0
-82%
|
(5)
N/A
|
(6)
-24%
|
2
N/A
|
2
+10%
|
(1)
N/A
|
(0)
+42%
|
(1)
-48%
|
1
N/A
|
1
+25%
|
0
-46%
|
1
+44%
|
0
-20%
|
0
-77%
|
(1)
N/A
|
(1)
-10%
|
(0)
+42%
|
(1)
-74%
|
(1)
-71%
|
(1)
+65%
|
1
N/A
|
1
-15%
|
(0)
N/A
|
0
N/A
|
1
+2 100%
|
0
-72%
|
1
+741%
|
2
+53%
|
2
+2%
|
1
-66%
|
|
| EPS (Diluted) |
-0.05
N/A
|
-0.06
-20%
|
-0.03
+50%
|
-0.01
+67%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
-0.03
N/A
|
-0.03
N/A
|
0.01
N/A
|
0.01
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
-0.01
N/A
|
0
N/A
|
-0.01
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
|