Gale Pacific Ltd
ASX:GAP
Income Statement
Earnings Waterfall
Gale Pacific Ltd
Income Statement
Gale Pacific Ltd
| Jun-2002 | Dec-2002 | Jun-2003 | 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 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
1
|
1
|
2
|
0
|
2
|
1
|
5
|
6
|
5
|
6
|
6
|
4
|
3
|
0
|
2
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
2
|
0
|
2
|
0
|
2
|
0
|
1
|
0
|
2
|
0
|
2
|
0
|
2
|
0
|
2
|
0
|
4
|
0
|
4
|
0
|
4
|
|
| Revenue |
56
N/A
|
69
+25%
|
82
+18%
|
78
-4%
|
105
+34%
|
121
+15%
|
147
+22%
|
145
-1%
|
167
+15%
|
111
-33%
|
110
-1%
|
110
+0%
|
105
-5%
|
95
-9%
|
98
+3%
|
103
+5%
|
99
-4%
|
94
-5%
|
96
+2%
|
104
+9%
|
111
+6%
|
110
0%
|
120
+9%
|
126
+5%
|
137
+9%
|
144
+5%
|
148
+3%
|
163
+10%
|
173
+6%
|
173
+0%
|
175
+1%
|
157
-10%
|
149
-5%
|
152
+2%
|
149
-2%
|
144
-4%
|
156
+9%
|
200
+28%
|
205
+3%
|
195
-5%
|
206
+5%
|
202
-2%
|
188
-7%
|
173
-8%
|
175
+1%
|
188
+8%
|
173
-8%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(22)
|
(32)
|
(42)
|
0
|
(32)
|
(38)
|
(58)
|
(53)
|
(86)
|
(46)
|
(58)
|
(50)
|
(42)
|
(48)
|
(42)
|
(68)
|
(63)
|
(58)
|
(59)
|
(64)
|
(65)
|
(64)
|
(71)
|
(75)
|
(85)
|
(76)
|
(76)
|
(80)
|
(97)
|
(97)
|
(97)
|
(83)
|
(69)
|
(73)
|
(70)
|
(63)
|
(77)
|
(103)
|
(108)
|
(105)
|
(110)
|
(103)
|
(92)
|
(82)
|
(80)
|
(83)
|
(79)
|
|
| Gross Profit |
34
N/A
|
38
+11%
|
40
+6%
|
0
N/A
|
73
N/A
|
15
-80%
|
89
+499%
|
92
+3%
|
81
-12%
|
65
-19%
|
53
-20%
|
61
+15%
|
63
+4%
|
48
-24%
|
56
+18%
|
35
-38%
|
36
+4%
|
36
0%
|
37
+3%
|
41
+10%
|
45
+11%
|
46
+3%
|
49
+7%
|
51
+3%
|
52
+3%
|
68
+31%
|
72
+5%
|
83
+16%
|
76
-8%
|
76
0%
|
78
+3%
|
74
-5%
|
80
+7%
|
79
-1%
|
80
+1%
|
80
+1%
|
79
-1%
|
97
+22%
|
98
+1%
|
90
-8%
|
96
+7%
|
99
+3%
|
96
-3%
|
90
-6%
|
95
+6%
|
106
+11%
|
94
-12%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(28)
|
(33)
|
(31)
|
(71)
|
(61)
|
(75)
|
(78)
|
(81)
|
(86)
|
(71)
|
(55)
|
(59)
|
(54)
|
(41)
|
(50)
|
(33)
|
(27)
|
(27)
|
(27)
|
(30)
|
(33)
|
(34)
|
(36)
|
(40)
|
(40)
|
(62)
|
(65)
|
(71)
|
(65)
|
(61)
|
(64)
|
(80)
|
(66)
|
(65)
|
(67)
|
(72)
|
(72)
|
(78)
|
(79)
|
(79)
|
(83)
|
(86)
|
(87)
|
(88)
|
(93)
|
(99)
|
(93)
|
|
| Selling, General & Administrative |
(20)
|
(24)
|
(31)
|
0
|
(40)
|
(22)
|
(56)
|
(43)
|
(70)
|
(20)
|
(48)
|
(28)
|
(43)
|
(46)
|
(44)
|
(27)
|
(26)
|
(25)
|
(25)
|
(27)
|
(30)
|
(31)
|
(33)
|
(37)
|
(39)
|
(56)
|
(49)
|
(24)
|
(48)
|
(48)
|
(47)
|
(45)
|
(50)
|
(50)
|
(52)
|
(55)
|
(50)
|
(54)
|
(58)
|
(60)
|
(60)
|
(61)
|
(61)
|
(59)
|
(65)
|
(71)
|
(65)
|
|
| Depreciation & Amortization |
(3)
|
(3)
|
(3)
|
0
|
(5)
|
(2)
|
(6)
|
(6)
|
(10)
|
(11)
|
(13)
|
(12)
|
(7)
|
0
|
(9)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(4)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(9)
|
(12)
|
(11)
|
(9)
|
(9)
|
(10)
|
(11)
|
(12)
|
(12)
|
(12)
|
(11)
|
(12)
|
|
| Other Operating Expenses |
(5)
|
(6)
|
3
|
(71)
|
(16)
|
(51)
|
(16)
|
(32)
|
(7)
|
(40)
|
6
|
(19)
|
(4)
|
5
|
2
|
(6)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(5)
|
(8)
|
(42)
|
(10)
|
(6)
|
(11)
|
(29)
|
(10)
|
(9)
|
(8)
|
(8)
|
(10)
|
(13)
|
(11)
|
(10)
|
(13)
|
(14)
|
(15)
|
(16)
|
(16)
|
(17)
|
(17)
|
|
| Operating Income |
6
N/A
|
5
-17%
|
10
+81%
|
7
-24%
|
12
+67%
|
7
-43%
|
11
+56%
|
11
+0%
|
(5)
N/A
|
(6)
-7%
|
(2)
+63%
|
1
N/A
|
9
+686%
|
6
-29%
|
6
+1%
|
2
-66%
|
9
+331%
|
9
-2%
|
10
+10%
|
11
+11%
|
13
+13%
|
13
+1%
|
13
+2%
|
11
-18%
|
12
+11%
|
7
-44%
|
7
+6%
|
12
+79%
|
11
-12%
|
15
+41%
|
14
-8%
|
(6)
N/A
|
14
N/A
|
14
-1%
|
13
-5%
|
8
-36%
|
7
-16%
|
19
+176%
|
19
-1%
|
11
-43%
|
13
+20%
|
14
+5%
|
9
-35%
|
3
-69%
|
2
-14%
|
7
+171%
|
0
-98%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(2)
|
0
|
(2)
|
(1)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
3
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
(1)
|
(5)
|
0
|
(2)
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
1
|
3
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
1
|
(1)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
5
N/A
|
7
+27%
|
8
+19%
|
8
+7%
|
10
+15%
|
6
-43%
|
6
+5%
|
7
+25%
|
(16)
N/A
|
(12)
+23%
|
(13)
-6%
|
(3)
+78%
|
4
N/A
|
6
+49%
|
1
-89%
|
2
+129%
|
8
+406%
|
8
+2%
|
9
+10%
|
10
+14%
|
12
+11%
|
12
+3%
|
12
+2%
|
10
-15%
|
11
+8%
|
5
-54%
|
6
+22%
|
12
+85%
|
14
+17%
|
14
+3%
|
(5)
N/A
|
(7)
-45%
|
12
N/A
|
12
-3%
|
11
-7%
|
6
-44%
|
5
-24%
|
17
+259%
|
17
+1%
|
9
-47%
|
11
+20%
|
11
-1%
|
5
-51%
|
(1)
N/A
|
(1)
-6%
|
3
N/A
|
(4)
N/A
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
4
|
6
|
(3)
|
(6)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(5)
|
(5)
|
(3)
|
(3)
|
(3)
|
(2)
|
1
|
1
|
0
|
(1)
|
|
| Income from Continuing Operations |
4
|
5
|
6
|
6
|
7
|
4
|
5
|
6
|
(12)
|
(7)
|
(16)
|
(9)
|
3
|
5
|
(1)
|
0
|
6
|
7
|
7
|
8
|
9
|
9
|
9
|
8
|
8
|
4
|
5
|
9
|
10
|
10
|
(8)
|
(9)
|
10
|
9
|
9
|
5
|
4
|
12
|
12
|
6
|
8
|
8
|
4
|
(1)
|
(0)
|
3
|
(5)
|
|
| 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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
4
N/A
|
5
+29%
|
6
+18%
|
6
+4%
|
7
+23%
|
4
-40%
|
5
+11%
|
5
+0%
|
(12)
N/A
|
(14)
-21%
|
(16)
-14%
|
(11)
+33%
|
3
N/A
|
(12)
N/A
|
(12)
+0%
|
3
N/A
|
6
+94%
|
7
+10%
|
7
+8%
|
8
+7%
|
9
+12%
|
9
+4%
|
9
+3%
|
8
-11%
|
8
+2%
|
4
-50%
|
5
+27%
|
9
+74%
|
10
+14%
|
10
+2%
|
(8)
N/A
|
(9)
-16%
|
10
N/A
|
9
-6%
|
9
0%
|
5
-45%
|
4
-27%
|
12
+233%
|
12
0%
|
6
-51%
|
8
+25%
|
8
+4%
|
4
-53%
|
(1)
N/A
|
(0)
+59%
|
3
N/A
|
(5)
N/A
|
|
| EPS (Diluted) |
0.08
N/A
|
0.09
+12%
|
0.1
+11%
|
0.11
+10%
|
0.13
+18%
|
0.08
-38%
|
0.08
N/A
|
0.15
+87%
|
-0.19
N/A
|
-0.12
+37%
|
-0.14
-17%
|
-0.08
+43%
|
0.02
N/A
|
-0.08
N/A
|
-0.06
+25%
|
0
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.03
+50%
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.03
+50%
|
0.02
-33%
|
0.02
N/A
|
0.03
+50%
|
0.03
N/A
|
0.03
N/A
|
-0.03
N/A
|
-0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.01
-50%
|
0.04
+300%
|
0.04
N/A
|
0.02
-50%
|
0.03
+50%
|
0.03
N/A
|
0.01
-67%
|
0
N/A
|
0
N/A
|
0.01
N/A
|
-0.02
N/A
|
|