G8 Education Ltd
ASX:GEM
Income Statement
Earnings Waterfall
G8 Education Ltd
Revenue
|
983.4m
AUD
|
Cost of Revenue
|
-36.3m
AUD
|
Gross Profit
|
947.2m
AUD
|
Operating Expenses
|
-829.5m
AUD
|
Operating Income
|
117.6m
AUD
|
Other Expenses
|
-61.6m
AUD
|
Net Income
|
56.1m
AUD
|
Income Statement
G8 Education Ltd
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 |
33
N/A
|
33
+1%
|
41
+22%
|
66
+62%
|
104
+56%
|
138
+33%
|
155
+13%
|
179
+15%
|
218
+22%
|
275
+26%
|
344
+25%
|
482
+40%
|
599
+24%
|
687
+15%
|
740
+8%
|
772
+4%
|
782
+1%
|
789
+1%
|
814
+3%
|
852
+5%
|
888
+4%
|
917
+3%
|
706
-23%
|
616
-13%
|
813
+32%
|
845
+4%
|
845
+0%
|
901
+7%
|
940
+4%
|
983
+5%
|
|
Gross Profit | |||||||||||||||||||||||||||||||
Cost of Revenue |
(2)
|
(2)
|
(3)
|
(5)
|
(8)
|
(10)
|
(12)
|
(14)
|
(17)
|
(22)
|
(28)
|
(40)
|
(48)
|
(53)
|
(58)
|
(59)
|
(59)
|
(59)
|
(60)
|
(62)
|
(65)
|
(68)
|
(51)
|
(37)
|
(37)
|
(34)
|
(33)
|
(35)
|
(35)
|
(36)
|
|
Gross Profit |
31
N/A
|
31
+1%
|
38
+22%
|
62
+62%
|
96
+56%
|
128
+33%
|
144
+12%
|
166
+15%
|
202
+22%
|
252
+25%
|
316
+25%
|
442
+40%
|
551
+25%
|
634
+15%
|
682
+8%
|
712
+4%
|
723
+2%
|
730
+1%
|
754
+3%
|
790
+5%
|
823
+4%
|
849
+3%
|
655
-23%
|
579
-12%
|
776
+34%
|
811
+5%
|
812
+0%
|
866
+7%
|
905
+5%
|
947
+5%
|
|
Operating Income | |||||||||||||||||||||||||||||||
Operating Expenses |
(41)
|
(30)
|
(35)
|
(53)
|
(82)
|
(108)
|
(121)
|
(137)
|
(165)
|
(204)
|
(255)
|
(342)
|
(428)
|
(490)
|
(534)
|
(557)
|
(566)
|
(586)
|
(625)
|
(664)
|
(675)
|
(708)
|
(725)
|
(719)
|
(720)
|
(726)
|
(742)
|
(764)
|
(793)
|
(830)
|
|
Selling, General & Administrative |
(27)
|
(27)
|
(33)
|
(50)
|
(79)
|
(104)
|
(116)
|
(130)
|
(158)
|
(194)
|
(241)
|
(326)
|
(405)
|
(460)
|
(500)
|
(521)
|
(528)
|
(544)
|
(578)
|
(616)
|
(586)
|
(568)
|
(580)
|
(572)
|
(578)
|
(586)
|
(595)
|
(613)
|
(633)
|
(653)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(7)
|
(7)
|
(9)
|
(7)
|
(10)
|
(7)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(7)
|
(9)
|
(12)
|
(12)
|
(12)
|
(14)
|
(15)
|
(16)
|
(57)
|
(100)
|
(99)
|
(90)
|
(86)
|
(89)
|
(91)
|
(95)
|
(100)
|
(103)
|
|
Other Operating Expenses |
(13)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(5)
|
(5)
|
(7)
|
(9)
|
(11)
|
(16)
|
(20)
|
(23)
|
(25)
|
(26)
|
(29)
|
(31)
|
(31)
|
(32)
|
(40)
|
(46)
|
(53)
|
(49)
|
(45)
|
(47)
|
(49)
|
(51)
|
(66)
|
|
Operating Income |
(10)
N/A
|
1
N/A
|
3
+167%
|
8
+156%
|
14
+66%
|
21
+51%
|
23
+13%
|
28
+22%
|
36
+27%
|
49
+35%
|
62
+26%
|
100
+62%
|
123
+23%
|
144
+17%
|
148
+3%
|
155
+5%
|
157
+2%
|
144
-8%
|
128
-11%
|
126
-2%
|
148
+17%
|
141
-4%
|
(70)
N/A
|
(140)
-100%
|
56
N/A
|
85
+51%
|
70
-18%
|
102
+47%
|
112
+10%
|
118
+5%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(5)
|
(10)
|
(36)
|
(50)
|
(27)
|
(32)
|
(46)
|
(37)
|
(33)
|
(31)
|
(29)
|
(51)
|
(71)
|
(70)
|
(64)
|
(57)
|
(53)
|
(50)
|
(48)
|
(48)
|
(51)
|
|
Non-Reccuring Items |
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
0
|
(1)
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
2
|
(97)
|
(1)
|
106
|
30
|
21
|
(6)
|
(6)
|
14
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
5
|
5
|
1
|
1
|
0
|
(0)
|
0
|
1
|
1
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
4
|
4
|
3
|
1
|
(1)
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
1
|
0
|
9
|
14
|
6
|
4
|
6
|
3
|
7
|
10
|
6
|
4
|
(1)
|
(1)
|
(2)
|
(1)
|
0
|
(1)
|
5
|
6
|
1
|
|
Pre-Tax Income |
(11)
N/A
|
(0)
+98%
|
2
N/A
|
7
+267%
|
11
+67%
|
23
+106%
|
26
+16%
|
27
+2%
|
34
+25%
|
45
+33%
|
52
+17%
|
73
+39%
|
87
+19%
|
123
+42%
|
120
-2%
|
115
-4%
|
124
+8%
|
118
-5%
|
108
-9%
|
104
-4%
|
97
-6%
|
71
-27%
|
(238)
N/A
|
(207)
+13%
|
108
N/A
|
66
-39%
|
42
-36%
|
54
+28%
|
63
+17%
|
81
+29%
|
|
Net Income | |||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
(1)
|
(2)
|
(4)
|
(6)
|
(6)
|
(8)
|
(10)
|
(14)
|
(16)
|
(20)
|
(22)
|
(34)
|
(35)
|
(34)
|
(38)
|
(37)
|
(34)
|
(32)
|
(30)
|
(19)
|
27
|
18
|
(29)
|
(20)
|
(13)
|
(17)
|
(20)
|
(25)
|
|
Income from Continuing Operations |
(11)
|
(0)
|
1
|
5
|
8
|
17
|
20
|
19
|
23
|
31
|
36
|
53
|
65
|
89
|
85
|
80
|
86
|
81
|
74
|
72
|
67
|
52
|
(211)
|
(189)
|
79
|
46
|
29
|
37
|
43
|
56
|
|
Net Income (Common) |
(11)
N/A
|
(0)
+98%
|
1
N/A
|
5
+275%
|
8
+67%
|
17
+129%
|
20
+18%
|
19
-5%
|
23
+22%
|
31
+33%
|
36
+17%
|
53
+45%
|
65
+23%
|
89
+37%
|
85
-4%
|
80
-6%
|
86
+7%
|
81
-6%
|
74
-8%
|
72
-3%
|
67
-7%
|
52
-22%
|
(211)
N/A
|
(189)
+10%
|
79
N/A
|
46
-42%
|
29
-36%
|
37
+26%
|
43
+18%
|
56
+30%
|
|
EPS (Diluted) |
-0.25
N/A
|
-0.01
+96%
|
0.02
N/A
|
0.04
+100%
|
0.05
+25%
|
0.09
+80%
|
0.1
+11%
|
0.08
-20%
|
0.09
+13%
|
0.11
+22%
|
0.12
+9%
|
0.16
+33%
|
0.19
+19%
|
0.22
+16%
|
0.23
+5%
|
0.2
-13%
|
0.23
+15%
|
0.17
-26%
|
0.15
-12%
|
0.15
N/A
|
0.14
-7%
|
0.09
-36%
|
-0.32
N/A
|
-0.25
+22%
|
0.09
N/A
|
0.05
-44%
|
0.03
-40%
|
0.04
+33%
|
0.05
+25%
|
0.07
+40%
|