National Tyre & Wheel Ltd
ASX:NTD
Income Statement
Earnings Waterfall
National Tyre & Wheel Ltd
Revenue
|
551.6m
AUD
|
Cost of Revenue
|
-385.2m
AUD
|
Gross Profit
|
166.4m
AUD
|
Operating Expenses
|
-148.9m
AUD
|
Operating Income
|
17.6m
AUD
|
Other Expenses
|
-11.7m
AUD
|
Net Income
|
5.8m
AUD
|
Income Statement
National Tyre & Wheel Ltd
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 |
146
N/A
|
164
+12%
|
169
+3%
|
165
-2%
|
160
-3%
|
292
+83%
|
463
+58%
|
501
+8%
|
559
+11%
|
603
+8%
|
583
-3%
|
552
-5%
|
|
Gross Profit | |||||||||||||
Cost of Revenue |
(99)
|
(112)
|
(120)
|
(120)
|
(118)
|
(211)
|
(324)
|
(351)
|
(398)
|
(435)
|
(418)
|
(385)
|
|
Gross Profit |
48
N/A
|
51
+7%
|
49
-5%
|
45
-8%
|
43
-5%
|
81
+91%
|
139
+71%
|
151
+8%
|
161
+7%
|
168
+4%
|
164
-2%
|
166
+1%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(36)
|
(38)
|
(38)
|
(36)
|
(33)
|
(64)
|
(108)
|
(123)
|
(141)
|
(156)
|
(152)
|
(149)
|
|
Selling, General & Administrative |
(28)
|
(28)
|
(29)
|
(26)
|
(22)
|
(42)
|
(76)
|
(89)
|
(107)
|
(125)
|
(113)
|
(111)
|
|
Depreciation & Amortization |
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(9)
|
(14)
|
(16)
|
(21)
|
(25)
|
(24)
|
(24)
|
|
Other Operating Expenses |
(6)
|
(7)
|
(7)
|
(6)
|
(6)
|
(12)
|
(17)
|
(19)
|
(14)
|
(6)
|
(15)
|
(14)
|
|
Operating Income |
12
N/A
|
14
+18%
|
10
-25%
|
9
-14%
|
9
+7%
|
17
+85%
|
31
+79%
|
28
-11%
|
20
-29%
|
12
-40%
|
12
+4%
|
18
+43%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(7)
|
(8)
|
(10)
|
|
Non-Reccuring Items |
(2)
|
(0)
|
0
|
0
|
(2)
|
(0)
|
1
|
(0)
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
9
N/A
|
13
+44%
|
10
-26%
|
8
-16%
|
6
-23%
|
16
+149%
|
29
+86%
|
24
-18%
|
15
-38%
|
5
-66%
|
4
-21%
|
8
+107%
|
|
Net Income | |||||||||||||
Tax Provision |
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(4)
|
(8)
|
(7)
|
(5)
|
(3)
|
(1)
|
(3)
|
|
Income from Continuing Operations |
5
|
9
|
7
|
5
|
4
|
12
|
21
|
16
|
10
|
2
|
3
|
5
|
|
Income to Minority Interest |
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
|
Net Income (Common) |
4
N/A
|
9
+95%
|
6
-27%
|
5
-17%
|
5
-14%
|
12
+158%
|
20
+72%
|
16
-21%
|
9
-41%
|
2
-75%
|
3
+43%
|
6
+75%
|
|
EPS (Diluted) |
0.05
N/A
|
0.08
+60%
|
0.06
-25%
|
0.05
-17%
|
0.04
-20%
|
0.1
+150%
|
0.18
+80%
|
0.14
-22%
|
0.07
-50%
|
0.02
-71%
|
0.02
N/A
|
0.04
+100%
|