GR Engineering Services Ltd
ASX:GNG
Income Statement
Earnings Waterfall
GR Engineering Services Ltd
Revenue
|
406.7m
AUD
|
Cost of Revenue
|
-179.3m
AUD
|
Gross Profit
|
227.5m
AUD
|
Operating Expenses
|
-187.1m
AUD
|
Operating Income
|
40.3m
AUD
|
Other Expenses
|
-11.5m
AUD
|
Net Income
|
28.8m
AUD
|
Income Statement
GR Engineering Services Ltd
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 |
153
N/A
|
130
-15%
|
115
-12%
|
108
-6%
|
114
+6%
|
163
+42%
|
217
+33%
|
246
+13%
|
255
+4%
|
234
-8%
|
239
+2%
|
310
+30%
|
284
-9%
|
198
-30%
|
182
-8%
|
186
+2%
|
222
+19%
|
303
+36%
|
392
+29%
|
518
+32%
|
652
+26%
|
681
+5%
|
551
-19%
|
407
-26%
|
|
Gross Profit | |||||||||||||||||||||||||
Cost of Revenue |
(87)
|
(70)
|
(58)
|
(46)
|
(61)
|
(106)
|
(138)
|
(169)
|
(149)
|
(126)
|
(129)
|
(197)
|
(155)
|
(76)
|
(89)
|
(99)
|
(128)
|
(197)
|
(238)
|
(342)
|
(434)
|
(470)
|
(335)
|
(179)
|
|
Gross Profit |
66
N/A
|
60
-10%
|
57
-5%
|
62
+9%
|
53
-15%
|
57
+7%
|
79
+39%
|
77
-2%
|
106
+37%
|
108
+2%
|
110
+2%
|
113
+3%
|
128
+13%
|
122
-5%
|
93
-23%
|
88
-6%
|
94
+7%
|
106
+13%
|
155
+46%
|
177
+14%
|
218
+23%
|
211
-3%
|
216
+2%
|
227
+5%
|
|
Operating Income | |||||||||||||||||||||||||
Operating Expenses |
(48)
|
(50)
|
(47)
|
(47)
|
(41)
|
(45)
|
(63)
|
(59)
|
(84)
|
(86)
|
(95)
|
(96)
|
(112)
|
(113)
|
(85)
|
(101)
|
(104)
|
(90)
|
(124)
|
(134)
|
(168)
|
(168)
|
(181)
|
(187)
|
|
Selling, General & Administrative |
(48)
|
(50)
|
(46)
|
(45)
|
(39)
|
(41)
|
(59)
|
(58)
|
(82)
|
(83)
|
(94)
|
(96)
|
(111)
|
(112)
|
(84)
|
(100)
|
(105)
|
(89)
|
(122)
|
(131)
|
(165)
|
(165)
|
(176)
|
(182)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
|
Other Operating Expenses |
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
1
|
0
|
(1)
|
1
|
1
|
0
|
0
|
0
|
2
|
3
|
2
|
1
|
1
|
3
|
3
|
1
|
1
|
|
Operating Income |
18
N/A
|
10
-45%
|
10
N/A
|
16
+59%
|
12
-21%
|
12
-1%
|
16
+28%
|
18
+13%
|
22
+24%
|
22
+1%
|
16
-30%
|
17
+9%
|
16
-5%
|
9
-44%
|
8
-7%
|
(13)
N/A
|
(10)
+19%
|
17
N/A
|
31
+87%
|
42
+37%
|
50
+19%
|
43
-15%
|
35
-19%
|
40
+16%
|
|
Pre-Tax Income | |||||||||||||||||||||||||
Interest Income Expense |
2
|
2
|
2
|
1
|
1
|
4
|
1
|
2
|
3
|
3
|
1
|
0
|
1
|
1
|
0
|
1
|
1
|
3
|
(0)
|
(3)
|
(0)
|
4
|
5
|
2
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
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
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(1)
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
20
N/A
|
12
-42%
|
12
N/A
|
17
+50%
|
17
-2%
|
17
+2%
|
17
+1%
|
19
+13%
|
25
+31%
|
25
0%
|
16
-36%
|
17
+7%
|
16
-7%
|
9
-45%
|
9
-2%
|
(12)
N/A
|
(10)
+22%
|
20
N/A
|
31
+55%
|
39
+29%
|
50
+27%
|
47
-7%
|
40
-15%
|
42
+6%
|
|
Net Income | |||||||||||||||||||||||||
Tax Provision |
(7)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(6)
|
(7)
|
(3)
|
(5)
|
(5)
|
(2)
|
(2)
|
5
|
2
|
(7)
|
(10)
|
(12)
|
(16)
|
(14)
|
(12)
|
(14)
|
|
Income from Continuing Operations |
13
|
8
|
8
|
14
|
14
|
13
|
13
|
15
|
19
|
19
|
13
|
12
|
12
|
7
|
7
|
(7)
|
(7)
|
12
|
21
|
27
|
35
|
33
|
27
|
29
|
|
Net Income (Common) |
13
N/A
|
8
-41%
|
8
-1%
|
14
+79%
|
14
+4%
|
13
-6%
|
13
-3%
|
15
+17%
|
19
+27%
|
19
-4%
|
13
-30%
|
12
-3%
|
12
-7%
|
7
-41%
|
7
-5%
|
(7)
N/A
|
(7)
+2%
|
12
N/A
|
21
+69%
|
27
+30%
|
35
+28%
|
33
-5%
|
27
-17%
|
29
+5%
|
|
EPS (Diluted) |
0.08
N/A
|
0.05
-38%
|
0.05
N/A
|
0.09
+80%
|
0.09
N/A
|
0.08
-11%
|
0.08
N/A
|
0.1
+25%
|
0.13
+30%
|
0.12
-8%
|
0.08
-33%
|
0.08
N/A
|
0.07
-13%
|
0.04
-43%
|
0.04
N/A
|
-0.05
N/A
|
-0.05
N/A
|
0.08
N/A
|
0.13
+63%
|
0.17
+31%
|
0.21
+24%
|
0.19
-10%
|
0.16
-16%
|
0.17
+6%
|