Adacel Technologies Ltd
ASX:ADA
Income Statement
Earnings Waterfall
Adacel Technologies Ltd
Revenue
|
27.5m
USD
|
Cost of Revenue
|
-4.8m
USD
|
Gross Profit
|
22.7m
USD
|
Operating Expenses
|
-23.3m
USD
|
Operating Income
|
-571k
USD
|
Other Expenses
|
-1.1m
USD
|
Net Income
|
-1.7m
USD
|
Income Statement
Adacel Technologies Ltd
Dec-2003 | Jun-2004 | Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
76
N/A
|
56
-27%
|
54
-2%
|
37
-31%
|
42
+13%
|
52
+24%
|
45
-15%
|
34
-23%
|
34
-1%
|
37
+9%
|
42
+13%
|
55
+32%
|
59
+7%
|
46
-22%
|
41
-12%
|
37
-9%
|
37
+0%
|
39
+3%
|
33
-13%
|
31
-6%
|
32
+2%
|
33
+4%
|
34
+4%
|
42
+24%
|
50
+19%
|
34
-33%
|
45
+33%
|
31
-31%
|
49
+59%
|
37
-26%
|
51
+39%
|
30
-42%
|
32
+8%
|
27
-17%
|
30
+13%
|
31
+4%
|
29
-6%
|
29
+0%
|
30
+4%
|
28
-7%
|
28
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(27)
|
(24)
|
(25)
|
(12)
|
(15)
|
(18)
|
(10)
|
(3)
|
(4)
|
(7)
|
(11)
|
(15)
|
(20)
|
(15)
|
(9)
|
(8)
|
(7)
|
(6)
|
(5)
|
(3)
|
(2)
|
(2)
|
(4)
|
(8)
|
(8)
|
(3)
|
(2)
|
(2)
|
(5)
|
(5)
|
(8)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
|
Gross Profit |
49
N/A
|
31
-36%
|
29
-7%
|
25
-14%
|
27
+7%
|
35
+29%
|
35
+0%
|
31
-11%
|
30
-3%
|
30
-2%
|
31
+5%
|
40
+27%
|
40
0%
|
32
-20%
|
32
-1%
|
29
-7%
|
30
+2%
|
32
+7%
|
29
-11%
|
28
-3%
|
30
+6%
|
31
+4%
|
31
-1%
|
35
+14%
|
42
+21%
|
31
-27%
|
43
+39%
|
29
-32%
|
44
+50%
|
32
-28%
|
43
+35%
|
25
-42%
|
28
+11%
|
23
-18%
|
25
+10%
|
26
+5%
|
26
0%
|
26
+0%
|
26
0%
|
24
-7%
|
23
-7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(59)
|
(54)
|
(41)
|
(35)
|
(32)
|
(31)
|
(30)
|
(30)
|
(31)
|
(32)
|
(33)
|
(39)
|
(40)
|
(37)
|
(34)
|
(32)
|
(29)
|
(29)
|
(28)
|
(27)
|
(29)
|
(30)
|
(29)
|
(29)
|
(32)
|
(23)
|
(33)
|
(23)
|
(34)
|
(25)
|
(36)
|
(26)
|
(30)
|
(21)
|
(22)
|
(22)
|
(22)
|
(21)
|
(22)
|
(23)
|
(23)
|
|
Selling, General & Administrative |
(44)
|
(33)
|
(31)
|
(27)
|
(26)
|
(25)
|
(24)
|
(25)
|
(26)
|
(29)
|
(30)
|
(36)
|
(38)
|
(34)
|
(32)
|
(30)
|
(28)
|
(27)
|
(26)
|
(25)
|
(27)
|
(28)
|
(27)
|
(27)
|
(29)
|
(21)
|
(31)
|
(22)
|
(29)
|
(19)
|
(29)
|
(22)
|
(25)
|
(17)
|
(18)
|
(19)
|
(19)
|
(18)
|
(19)
|
(19)
|
(19)
|
|
Research & Development |
(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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(6)
|
(11)
|
(10)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Other Operating Expenses |
(9)
|
(9)
|
(1)
|
(6)
|
(5)
|
(4)
|
(5)
|
(4)
|
(4)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(4)
|
(5)
|
(6)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Operating Income |
(10)
N/A
|
(23)
-123%
|
(12)
+49%
|
(9)
+19%
|
(5)
+45%
|
4
N/A
|
4
+19%
|
1
-79%
|
(1)
N/A
|
(2)
-104%
|
(2)
-17%
|
1
N/A
|
(0)
N/A
|
(5)
-1 836%
|
(3)
+42%
|
(2)
+12%
|
1
N/A
|
4
+497%
|
1
-80%
|
1
-24%
|
1
+26%
|
1
+72%
|
2
+82%
|
6
+186%
|
10
+70%
|
8
-26%
|
10
+24%
|
6
-40%
|
10
+66%
|
7
-28%
|
7
-2%
|
(1)
N/A
|
(2)
-120%
|
1
N/A
|
3
+76%
|
5
+77%
|
4
-10%
|
5
+16%
|
4
-16%
|
1
-66%
|
(1)
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(1)
|
(0)
|
(1)
|
(2)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(0)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
|
Non-Reccuring Items |
(12)
|
(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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
1
|
1
|
1
|
0
|
0
|
|
Total Other Income |
5
|
2
|
2
|
1
|
0
|
0
|
2
|
0
|
1
|
2
|
5
|
4
|
1
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(19)
N/A
|
(23)
-22%
|
(10)
+56%
|
(9)
+9%
|
(6)
+37%
|
4
N/A
|
6
+51%
|
2
-71%
|
(1)
N/A
|
(0)
+85%
|
3
N/A
|
5
+80%
|
0
-93%
|
(3)
N/A
|
(2)
+37%
|
(3)
-64%
|
1
N/A
|
5
+306%
|
1
-72%
|
1
-27%
|
1
+26%
|
2
+52%
|
2
+30%
|
6
+155%
|
11
+82%
|
7
-31%
|
9
+17%
|
5
-37%
|
8
+53%
|
7
-21%
|
7
+6%
|
(1)
N/A
|
(3)
-102%
|
1
N/A
|
3
+122%
|
6
+82%
|
5
-21%
|
5
+15%
|
4
-17%
|
1
-79%
|
(1)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
(1)
|
(1)
|
(1)
|
(0)
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(4)
|
(4)
|
(2)
|
(2)
|
(1)
|
(1)
|
1
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
(0)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
(18)
|
(23)
|
(11)
|
(10)
|
(6)
|
5
|
7
|
3
|
(0)
|
2
|
5
|
7
|
2
|
(3)
|
(2)
|
(3)
|
1
|
4
|
1
|
1
|
1
|
(2)
|
(2)
|
4
|
9
|
6
|
7
|
6
|
9
|
5
|
6
|
(2)
|
(3)
|
2
|
5
|
6
|
4
|
3
|
3
|
(0)
|
(2)
|
|
Net Income (Common) |
(18)
N/A
|
(23)
-27%
|
(11)
+52%
|
(10)
+12%
|
(6)
+41%
|
5
N/A
|
7
+36%
|
3
-62%
|
(0)
N/A
|
2
N/A
|
5
+160%
|
7
+44%
|
2
-67%
|
(3)
N/A
|
(2)
+31%
|
(3)
-47%
|
1
N/A
|
4
+396%
|
1
-68%
|
1
-43%
|
1
-32%
|
(2)
N/A
|
(2)
+13%
|
4
N/A
|
9
+125%
|
6
-28%
|
7
+14%
|
6
-11%
|
9
+38%
|
5
-40%
|
6
+7%
|
(2)
N/A
|
(3)
-77%
|
2
N/A
|
5
+96%
|
6
+20%
|
4
-35%
|
3
-8%
|
3
-23%
|
(0)
N/A
|
(2)
-2 049%
|
|
EPS (Diluted) |
-0.29
N/A
|
-0.35
-21%
|
-0.17
+51%
|
-0.13
+24%
|
-0.07
+46%
|
0.06
N/A
|
0.08
+33%
|
0.03
-63%
|
0
N/A
|
0.02
N/A
|
0.05
+150%
|
0.08
+60%
|
0.03
-63%
|
-0.03
N/A
|
-0.02
+33%
|
-0.04
-100%
|
0.01
N/A
|
0.06
+500%
|
0.02
-67%
|
0.01
-50%
|
0.01
N/A
|
-0.03
N/A
|
-0.02
+33%
|
0.05
N/A
|
0.11
+120%
|
0.08
-27%
|
0.09
+13%
|
0.08
-11%
|
0.11
+38%
|
0.07
-36%
|
0.07
N/A
|
-0.02
N/A
|
-0.04
-100%
|
0.03
N/A
|
0.06
+100%
|
0.07
+17%
|
0.05
-29%
|
0.04
-20%
|
0.03
-25%
|
0
N/A
|
-0.02
N/A
|