Korvest Ltd
ASX:KOV
Income Statement
Earnings Waterfall
Korvest Ltd
Revenue
|
106.2m
AUD
|
Cost of Revenue
|
-65m
AUD
|
Gross Profit
|
41.3m
AUD
|
Operating Expenses
|
-23.8m
AUD
|
Operating Income
|
17.4m
AUD
|
Other Expenses
|
-5.1m
AUD
|
Net Income
|
12.4m
AUD
|
Income Statement
Korvest 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 |
42
N/A
|
50
+20%
|
44
-12%
|
32
-27%
|
37
+15%
|
41
+11%
|
42
+4%
|
45
+7%
|
47
+4%
|
55
+16%
|
65
+18%
|
63
-3%
|
57
-9%
|
56
-2%
|
59
+5%
|
67
+15%
|
75
+11%
|
72
-3%
|
67
-8%
|
62
-7%
|
63
+2%
|
74
+17%
|
72
-3%
|
63
-12%
|
58
-8%
|
55
-6%
|
49
-11%
|
45
-9%
|
53
+19%
|
57
+7%
|
57
-1%
|
61
+8%
|
68
+11%
|
63
-7%
|
60
-6%
|
70
+17%
|
89
+27%
|
99
+12%
|
101
+1%
|
107
+7%
|
106
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(28)
|
(28)
|
(23)
|
(18)
|
(21)
|
(23)
|
(25)
|
(26)
|
(26)
|
(31)
|
(36)
|
(34)
|
(30)
|
(31)
|
(34)
|
(40)
|
(43)
|
(40)
|
(37)
|
(34)
|
(35)
|
(41)
|
(41)
|
(37)
|
(35)
|
(34)
|
(31)
|
(30)
|
(35)
|
(36)
|
(35)
|
(38)
|
(42)
|
(38)
|
(36)
|
(42)
|
(54)
|
(63)
|
(66)
|
(68)
|
(65)
|
|
Gross Profit |
14
N/A
|
22
+55%
|
21
-3%
|
14
-35%
|
16
+18%
|
17
+7%
|
18
+1%
|
20
+13%
|
21
+8%
|
24
+12%
|
29
+21%
|
29
+0%
|
26
-9%
|
25
-6%
|
24
-2%
|
28
+13%
|
32
+16%
|
33
+1%
|
30
-8%
|
28
-6%
|
29
+3%
|
32
+13%
|
31
-5%
|
27
-14%
|
23
-13%
|
21
-9%
|
18
-15%
|
15
-16%
|
18
+24%
|
21
+13%
|
22
+5%
|
23
+6%
|
26
+11%
|
25
-3%
|
23
-6%
|
28
+18%
|
35
+25%
|
36
+4%
|
35
-3%
|
39
+12%
|
41
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(11)
|
(11)
|
(15)
|
(10)
|
(12)
|
(12)
|
(12)
|
(13)
|
(15)
|
(17)
|
(21)
|
(21)
|
(19)
|
(19)
|
(20)
|
(22)
|
(24)
|
(24)
|
(23)
|
(22)
|
(23)
|
(25)
|
(24)
|
(22)
|
(21)
|
(20)
|
(18)
|
(17)
|
(18)
|
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
(19)
|
(21)
|
(21)
|
(21)
|
(22)
|
(23)
|
(24)
|
|
Selling, General & Administrative |
(11)
|
(11)
|
(10)
|
(10)
|
(11)
|
(12)
|
(11)
|
(13)
|
(15)
|
(17)
|
(21)
|
(21)
|
(19)
|
(19)
|
(20)
|
(22)
|
(24)
|
(24)
|
(23)
|
(22)
|
(23)
|
(25)
|
(24)
|
(22)
|
(21)
|
(20)
|
(18)
|
(17)
|
(18)
|
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
(19)
|
(21)
|
(21)
|
(21)
|
(22)
|
(16)
|
(21)
|
|
Other Operating Expenses |
0
|
(0)
|
(6)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(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
|
(7)
|
(3)
|
|
Operating Income |
4
N/A
|
11
+199%
|
6
-46%
|
4
-30%
|
5
+15%
|
6
+22%
|
6
+5%
|
6
+7%
|
6
+1%
|
7
+3%
|
7
+14%
|
8
+7%
|
8
-5%
|
6
-23%
|
5
-20%
|
6
+28%
|
8
+40%
|
9
+2%
|
7
-23%
|
5
-19%
|
6
+4%
|
8
+39%
|
7
-11%
|
4
-35%
|
2
-61%
|
1
-26%
|
0
-97%
|
(2)
N/A
|
(0)
+98%
|
2
N/A
|
3
+44%
|
4
+51%
|
6
+36%
|
5
-14%
|
4
-17%
|
7
+79%
|
14
+93%
|
15
+10%
|
13
-16%
|
16
+26%
|
17
+8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
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
|
|
Non-Reccuring Items |
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
1
|
3
|
2
|
1
|
1
|
0
|
(0)
|
0
|
|
Total Other Income |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
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
|
|
Pre-Tax Income |
3
N/A
|
5
+54%
|
6
+8%
|
4
-21%
|
5
+13%
|
6
+19%
|
6
+7%
|
7
+4%
|
7
+1%
|
7
+1%
|
8
+13%
|
8
+6%
|
8
-6%
|
6
-25%
|
5
-17%
|
6
+26%
|
8
+40%
|
9
+3%
|
7
-22%
|
5
-20%
|
6
+2%
|
8
+38%
|
5
-33%
|
3
-47%
|
2
-36%
|
1
-24%
|
0
-98%
|
(2)
N/A
|
(0)
+100%
|
2
N/A
|
3
+45%
|
4
+50%
|
6
+35%
|
6
+4%
|
7
+18%
|
9
+28%
|
14
+63%
|
16
+11%
|
13
-20%
|
16
+27%
|
18
+11%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(4)
|
(5)
|
(5)
|
|
Income from Continuing Operations |
2
|
3
|
4
|
3
|
3
|
4
|
4
|
5
|
5
|
5
|
5
|
6
|
5
|
4
|
3
|
4
|
6
|
6
|
5
|
4
|
4
|
6
|
3
|
1
|
1
|
1
|
0
|
(2)
|
(0)
|
1
|
2
|
3
|
4
|
4
|
5
|
6
|
10
|
11
|
9
|
11
|
12
|
|
Net Income (Common) |
2
N/A
|
3
+46%
|
4
+7%
|
3
-18%
|
3
+14%
|
4
+19%
|
4
+6%
|
5
+5%
|
5
+2%
|
5
+1%
|
5
+12%
|
6
+7%
|
5
-7%
|
4
-24%
|
3
-17%
|
4
+27%
|
6
+44%
|
6
+2%
|
5
-24%
|
4
-19%
|
4
+2%
|
6
+43%
|
3
-39%
|
1
-57%
|
1
-15%
|
1
-23%
|
0
-99%
|
(2)
N/A
|
(0)
+100%
|
1
N/A
|
2
+44%
|
3
+47%
|
4
+34%
|
4
+4%
|
5
+18%
|
6
+28%
|
10
+69%
|
11
+11%
|
9
-22%
|
11
+27%
|
12
+11%
|
|
EPS (Diluted) |
0.29
N/A
|
0.42
+45%
|
0.45
+7%
|
0.37
-18%
|
0.41
+11%
|
0.48
+17%
|
0.51
+6%
|
0.53
+4%
|
0.54
+2%
|
0.54
N/A
|
0.61
+13%
|
0.66
+8%
|
0.61
-8%
|
0.46
-25%
|
0.39
-15%
|
0.49
+26%
|
0.7
+43%
|
0.71
+1%
|
0.53
-25%
|
0.43
-19%
|
0.45
+5%
|
0.64
+42%
|
0.32
-50%
|
0.14
-56%
|
0.12
-14%
|
0.09
-25%
|
0.01
-89%
|
-0.14
N/A
|
0
N/A
|
0.12
N/A
|
0.18
+50%
|
0.26
+44%
|
0.35
+35%
|
0.36
+3%
|
0.41
+14%
|
0.53
+29%
|
0.89
+68%
|
0.98
+10%
|
0.76
-22%
|
0.95
+25%
|
1.05
+11%
|