Netwealth Group Ltd
ASX:NWL
Income Statement
Earnings Waterfall
Netwealth Group Ltd
Revenue
|
225m
AUD
|
Operating Expenses
|
-124.9m
AUD
|
Operating Income
|
100.1m
AUD
|
Other Expenses
|
-24.3m
AUD
|
Net Income
|
75.8m
AUD
|
Income Statement
Netwealth Group 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 |
81
N/A
|
89
+9%
|
96
+9%
|
107
+11%
|
121
+14%
|
135
+11%
|
142
+5%
|
155
+9%
|
173
+11%
|
188
+9%
|
207
+10%
|
225
+9%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(42)
|
(46)
|
(48)
|
(53)
|
(61)
|
(65)
|
(67)
|
(80)
|
(95)
|
(107)
|
(117)
|
(125)
|
|
Selling, General & Administrative |
(33)
|
(36)
|
(37)
|
(41)
|
(47)
|
(52)
|
(56)
|
(70)
|
(83)
|
(94)
|
(104)
|
(112)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Other Operating Expenses |
(8)
|
(10)
|
(10)
|
(9)
|
(11)
|
(10)
|
(9)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
|
Operating Income |
40
N/A
|
43
+7%
|
49
+15%
|
54
+10%
|
60
+12%
|
70
+16%
|
75
+6%
|
75
+0%
|
78
+4%
|
82
+4%
|
90
+11%
|
100
+11%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
1
|
0
|
1
|
0
|
1
|
0
|
0
|
(0)
|
(1)
|
0
|
2
|
4
|
|
Non-Reccuring Items |
(12)
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
1
|
2
|
1
|
2
|
2
|
2
|
3
|
3
|
4
|
4
|
5
|
6
|
|
Pre-Tax Income |
29
N/A
|
44
+52%
|
50
+13%
|
56
+12%
|
63
+11%
|
72
+16%
|
77
+7%
|
78
+1%
|
81
+4%
|
86
+6%
|
97
+13%
|
110
+13%
|
|
Net Income | |||||||||||||
Tax Provision |
(10)
|
(14)
|
(15)
|
(17)
|
(19)
|
(22)
|
(23)
|
(24)
|
(26)
|
(27)
|
(30)
|
(34)
|
|
Income from Continuing Operations |
20
|
30
|
35
|
39
|
44
|
51
|
54
|
54
|
56
|
59
|
67
|
76
|
|
Net Income (Common) |
21
N/A
|
32
+55%
|
34
+6%
|
39
+12%
|
44
+13%
|
51
+16%
|
54
+7%
|
54
-1%
|
56
+4%
|
59
+6%
|
67
+14%
|
76
+13%
|
|
EPS (Diluted) |
0.08
N/A
|
0.13
+63%
|
0.15
+15%
|
0.17
+13%
|
0.18
+6%
|
0.21
+17%
|
0.23
+10%
|
0.22
-4%
|
0.23
+5%
|
0.24
+4%
|
0.28
+17%
|
0.31
+11%
|