Pro-Pac Packaging Ltd
ASX:PPG
Income Statement
Earnings Waterfall
Pro-Pac Packaging Ltd
Revenue
|
314.7m
AUD
|
Cost of Revenue
|
-175.7m
AUD
|
Gross Profit
|
139.1m
AUD
|
Operating Expenses
|
-143.3m
AUD
|
Operating Income
|
-4.2m
AUD
|
Other Expenses
|
-7.3m
AUD
|
Net Income
|
-11.5m
AUD
|
Income Statement
Pro-Pac Packaging Ltd
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 |
13
N/A
|
24
+87%
|
25
+3%
|
26
+6%
|
51
+93%
|
72
+42%
|
72
0%
|
74
+3%
|
82
+11%
|
91
+11%
|
104
+14%
|
116
+11%
|
122
+5%
|
133
+9%
|
153
+15%
|
173
+13%
|
200
+15%
|
219
+9%
|
232
+6%
|
244
+5%
|
246
+1%
|
241
-2%
|
230
-4%
|
229
0%
|
271
+18%
|
371
+37%
|
471
+27%
|
486
+3%
|
480
-1%
|
478
0%
|
462
-3%
|
372
-19%
|
325
-13%
|
359
+10%
|
355
-1%
|
339
-4%
|
315
-7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(8)
|
(15)
|
(16)
|
(17)
|
(30)
|
(42)
|
(43)
|
(44)
|
(48)
|
(53)
|
(60)
|
(68)
|
(73)
|
(81)
|
(95)
|
(109)
|
(129)
|
(144)
|
(156)
|
(165)
|
(167)
|
(163)
|
(154)
|
(153)
|
(178)
|
(240)
|
(300)
|
(305)
|
(296)
|
(283)
|
(263)
|
(209)
|
(181)
|
(211)
|
(214)
|
(193)
|
(176)
|
|
Gross Profit |
5
N/A
|
9
+84%
|
9
N/A
|
10
+3%
|
20
+115%
|
30
+45%
|
29
-3%
|
30
+5%
|
34
+14%
|
38
+12%
|
44
+14%
|
47
+9%
|
49
+3%
|
53
+8%
|
59
+11%
|
65
+10%
|
72
+11%
|
74
+4%
|
76
+2%
|
79
+4%
|
79
0%
|
78
0%
|
77
-2%
|
76
-1%
|
93
+23%
|
132
+41%
|
171
+30%
|
181
+6%
|
184
+1%
|
195
+6%
|
199
+2%
|
163
-18%
|
144
-11%
|
147
+2%
|
141
-4%
|
147
+4%
|
139
-5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(4)
|
(8)
|
(8)
|
(8)
|
(16)
|
(26)
|
(27)
|
(26)
|
(28)
|
(30)
|
(35)
|
(39)
|
(41)
|
(43)
|
(48)
|
(55)
|
(61)
|
(64)
|
(65)
|
(68)
|
(67)
|
(66)
|
(66)
|
(67)
|
(82)
|
(133)
|
(167)
|
(177)
|
(178)
|
(174)
|
(180)
|
(150)
|
(146)
|
(162)
|
(183)
|
(152)
|
(143)
|
|
Selling, General & Administrative |
(3)
|
(5)
|
(5)
|
(6)
|
(11)
|
(17)
|
(17)
|
(19)
|
(20)
|
(23)
|
(26)
|
(29)
|
(31)
|
(33)
|
(36)
|
(41)
|
(48)
|
(49)
|
(50)
|
(51)
|
(52)
|
(51)
|
(51)
|
(51)
|
(72)
|
(127)
|
(160)
|
(168)
|
(163)
|
(160)
|
(166)
|
(137)
|
(135)
|
(147)
|
(143)
|
(138)
|
(127)
|
|
Depreciation & Amortization |
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(6)
|
(8)
|
(9)
|
(15)
|
(20)
|
(20)
|
(17)
|
(15)
|
(16)
|
(16)
|
(17)
|
(19)
|
|
Other Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(7)
|
(8)
|
(5)
|
(5)
|
(6)
|
(7)
|
(7)
|
(6)
|
(7)
|
(9)
|
(11)
|
(10)
|
(11)
|
(12)
|
(13)
|
(12)
|
(12)
|
(12)
|
(13)
|
(7)
|
0
|
1
|
1
|
1
|
7
|
7
|
3
|
4
|
2
|
(23)
|
3
|
2
|
|
Operating Income |
1
N/A
|
2
+38%
|
2
-11%
|
2
+25%
|
4
+100%
|
4
-5%
|
2
-58%
|
4
+138%
|
7
+76%
|
8
+16%
|
9
+10%
|
9
+2%
|
9
-2%
|
10
+17%
|
11
+4%
|
10
-7%
|
11
+7%
|
11
+2%
|
11
+4%
|
11
+3%
|
11
-1%
|
12
+6%
|
11
-13%
|
9
-14%
|
11
+18%
|
(1)
N/A
|
5
N/A
|
4
-2%
|
6
+37%
|
21
+255%
|
19
-13%
|
13
-31%
|
(1)
N/A
|
(15)
-967%
|
(42)
-185%
|
(6)
+87%
|
(4)
+25%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(5)
|
(8)
|
(8)
|
(10)
|
(10)
|
(9)
|
(6)
|
(5)
|
(6)
|
(6)
|
(5)
|
(6)
|
|
Non-Reccuring Items |
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(0)
|
(0)
|
(1)
|
(11)
|
0
|
(142)
|
(149)
|
3
|
(5)
|
0
|
0
|
0
|
(25)
|
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
|
0
|
0
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
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
|
(1)
|
0
|
(0)
|
0
|
(0)
|
0
|
(1)
|
0
|
|
Pre-Tax Income |
1
N/A
|
2
+25%
|
1
-7%
|
2
+29%
|
4
+100%
|
3
-28%
|
1
-65%
|
3
+244%
|
6
+97%
|
7
+16%
|
7
+3%
|
7
-3%
|
8
+10%
|
8
+5%
|
8
-4%
|
7
-8%
|
9
+16%
|
9
+4%
|
8
-5%
|
8
+0%
|
9
+4%
|
10
+15%
|
9
-15%
|
7
-20%
|
(2)
N/A
|
(6)
-208%
|
(145)
-2 184%
|
(153)
-5%
|
(2)
+99%
|
9
N/A
|
10
+1%
|
7
-26%
|
(7)
N/A
|
(46)
-591%
|
(48)
-4%
|
(11)
+77%
|
(10)
+9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
0
|
1
|
(2)
|
1
|
1
|
(3)
|
(3)
|
(2)
|
2
|
1
|
1
|
2
|
(1)
|
|
Income from Continuing Operations |
1
|
1
|
1
|
1
|
3
|
2
|
1
|
2
|
4
|
5
|
5
|
5
|
6
|
6
|
6
|
5
|
6
|
6
|
6
|
6
|
6
|
7
|
6
|
5
|
(2)
|
(5)
|
(146)
|
(151)
|
(1)
|
7
|
6
|
5
|
(5)
|
(45)
|
(47)
|
(8)
|
(10)
|
|
Net Income (Common) |
1
N/A
|
1
+25%
|
1
N/A
|
1
+20%
|
3
+108%
|
2
-28%
|
1
-67%
|
2
+283%
|
4
+91%
|
5
+16%
|
5
N/A
|
5
-2%
|
6
+10%
|
6
+4%
|
6
-4%
|
5
-7%
|
6
+18%
|
6
+2%
|
6
-5%
|
6
+1%
|
6
+4%
|
7
+14%
|
6
-15%
|
5
-15%
|
(2)
N/A
|
(5)
-206%
|
(146)
-2 754%
|
(151)
-3%
|
(1)
+100%
|
7
N/A
|
6
-3%
|
8
+21%
|
2
-77%
|
(26)
N/A
|
(32)
-22%
|
(10)
+68%
|
(12)
-12%
|
|
EPS (Diluted) |
0.02
N/A
|
0.03
+50%
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.01
-50%
|
0.02
+100%
|
0.03
+50%
|
0.04
+33%
|
0.04
N/A
|
0.03
-25%
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.02
N/A
|
0.03
+50%
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.03
+50%
|
0.19
+533%
|
0.02
-89%
|
0.14
+600%
|
0
N/A
|
-0.08
N/A
|
-0.2
-150%
|
-1.38
-590%
|
0
N/A
|
0.06
N/A
|
0.06
N/A
|
0.06
N/A
|
0.01
-83%
|
-0.22
N/A
|
-0.25
-14%
|
-0.05
+80%
|
-0.06
-20%
|