Thorn Group Ltd
ASX:TGA
Income Statement
Earnings Waterfall
Thorn Group Ltd
Revenue
|
10.2m
AUD
|
Operating Expenses
|
-6.4m
AUD
|
Operating Income
|
3.8m
AUD
|
Other Expenses
|
6.3m
AUD
|
Net Income
|
10.1m
AUD
|
Income Statement
Thorn Group Ltd
Mar-2008 | Sep-2008 | Mar-2009 | Sep-2009 | Mar-2010 | Sep-2010 | Mar-2011 | Sep-2011 | Mar-2012 | Sep-2012 | Mar-2013 | Sep-2013 | Mar-2014 | Sep-2014 | Mar-2015 | Sep-2015 | Mar-2016 | Sep-2016 | Mar-2017 | Sep-2017 | Mar-2018 | Sep-2018 | Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||
Revenue |
117
N/A
|
121
+4%
|
127
+5%
|
137
+8%
|
145
+6%
|
152
+5%
|
158
+3%
|
174
+10%
|
188
+8%
|
192
+2%
|
203
+6%
|
215
+6%
|
235
+9%
|
272
+16%
|
294
+8%
|
296
+1%
|
289
-2%
|
288
0%
|
278
-4%
|
252
-9%
|
234
-7%
|
220
-6%
|
222
+1%
|
215
-3%
|
204
-5%
|
158
-23%
|
33
-79%
|
(15)
N/A
|
17
N/A
|
14
-18%
|
15
+9%
|
10
-33%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||
Cost of Revenue |
(45)
|
(46)
|
(51)
|
(57)
|
(59)
|
(59)
|
(58)
|
(40)
|
(22)
|
(23)
|
(26)
|
(30)
|
(39)
|
(62)
|
(72)
|
(74)
|
(75)
|
(81)
|
(84)
|
(70)
|
(59)
|
(60)
|
(67)
|
(62)
|
(60)
|
(35)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gross Profit |
72
N/A
|
75
+5%
|
76
+2%
|
80
+4%
|
87
+8%
|
94
+9%
|
100
+6%
|
134
+34%
|
166
+24%
|
170
+2%
|
177
+4%
|
186
+5%
|
196
+6%
|
210
+7%
|
222
+6%
|
223
+0%
|
214
-4%
|
208
-3%
|
194
-7%
|
182
-6%
|
175
-4%
|
161
-8%
|
155
-4%
|
153
-1%
|
144
-6%
|
123
-15%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
Operating Income | |||||||||||||||||||||||||||||||||
Operating Expenses |
(55)
|
(57)
|
(58)
|
(59)
|
(62)
|
(65)
|
(67)
|
(96)
|
(124)
|
(129)
|
(135)
|
(135)
|
(153)
|
(154)
|
(173)
|
(152)
|
(149)
|
(145)
|
(133)
|
(124)
|
(121)
|
(119)
|
(140)
|
(136)
|
(163)
|
(153)
|
(27)
|
27
|
1
|
(8)
|
(8)
|
(6)
|
|
Selling, General & Administrative |
(47)
|
(48)
|
(54)
|
(59)
|
(62)
|
(65)
|
(67)
|
(75)
|
(80)
|
(82)
|
(85)
|
(91)
|
(99)
|
(110)
|
(118)
|
(122)
|
(124)
|
(125)
|
(118)
|
(113)
|
(117)
|
(119)
|
(137)
|
(134)
|
(163)
|
(152)
|
(34)
|
10
|
(3)
|
(9)
|
(8)
|
(6)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(14)
|
(29)
|
(31)
|
(32)
|
(35)
|
(36)
|
(35)
|
(32)
|
(29)
|
(25)
|
(20)
|
(15)
|
(11)
|
(3)
|
(2)
|
(3)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(7)
|
(7)
|
(4)
|
0
|
0
|
0
|
0
|
(7)
|
(15)
|
(16)
|
(18)
|
(9)
|
(18)
|
(9)
|
(22)
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(2)
|
7
|
17
|
4
|
1
|
0
|
0
|
|
Operating Income |
16
N/A
|
18
+12%
|
18
-1%
|
21
+17%
|
25
+17%
|
29
+18%
|
33
+12%
|
38
+17%
|
42
+10%
|
41
-2%
|
43
+3%
|
51
+19%
|
43
-15%
|
56
+30%
|
49
-13%
|
71
+45%
|
65
-9%
|
63
-3%
|
61
-4%
|
58
-5%
|
54
-6%
|
42
-23%
|
15
-65%
|
17
+18%
|
(18)
N/A
|
(30)
-66%
|
6
N/A
|
12
+90%
|
19
+55%
|
6
-67%
|
8
+26%
|
4
-51%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(6)
|
(7)
|
(8)
|
(9)
|
(12)
|
(16)
|
(16)
|
(15)
|
(16)
|
(16)
|
(15)
|
(11)
|
(8)
|
(5)
|
(4)
|
(8)
|
(6)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(7)
|
0
|
(21)
|
(21)
|
(1)
|
(12)
|
(41)
|
(28)
|
2
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
0
|
(10)
|
0
|
(22)
|
(21)
|
(19)
|
(20)
|
(21)
|
(17)
|
(14)
|
(13)
|
(13)
|
(16)
|
(11)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
16
N/A
|
18
+11%
|
18
-1%
|
21
+17%
|
24
+16%
|
29
+18%
|
32
+13%
|
37
+14%
|
40
+10%
|
40
N/A
|
41
+1%
|
40
-2%
|
41
+3%
|
44
+6%
|
45
+2%
|
44
-2%
|
31
-29%
|
30
-5%
|
31
+6%
|
4
-89%
|
1
-62%
|
11
+741%
|
(25)
N/A
|
(53)
-108%
|
(78)
-49%
|
(54)
+31%
|
(4)
+92%
|
5
N/A
|
13
+163%
|
3
-78%
|
(1)
N/A
|
(2)
-56%
|
|
Net Income | |||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(6)
|
(5)
|
(3)
|
(5)
|
(9)
|
(10)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(12)
|
(11)
|
(10)
|
(9)
|
(6)
|
(3)
|
7
|
8
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
11
|
12
|
12
|
17
|
20
|
20
|
22
|
25
|
28
|
28
|
28
|
27
|
28
|
30
|
31
|
30
|
19
|
18
|
21
|
(5)
|
(5)
|
8
|
(18)
|
(45)
|
(81)
|
(57)
|
(4)
|
5
|
13
|
3
|
(1)
|
(2)
|
|
Net Income (Common) |
11
N/A
|
12
+12%
|
12
+1%
|
17
+41%
|
20
+13%
|
20
+1%
|
22
+12%
|
25
+15%
|
28
+10%
|
28
-1%
|
28
+2%
|
27
-3%
|
28
+3%
|
30
+6%
|
31
+2%
|
31
+1%
|
18
-41%
|
18
-1%
|
25
+41%
|
0
-98%
|
(2)
N/A
|
10
N/A
|
(15)
N/A
|
(43)
-187%
|
(81)
-89%
|
(57)
+30%
|
8
N/A
|
23
+172%
|
32
+42%
|
20
-39%
|
3
-87%
|
10
+298%
|
|
EPS (Diluted) |
0.5
N/A
|
0.87
+74%
|
0.89
+2%
|
1.25
+40%
|
1.41
+13%
|
1.42
+1%
|
1.57
+11%
|
1.63
+4%
|
1.79
+10%
|
1.77
-1%
|
1.8
+2%
|
1.74
-3%
|
0.18
-90%
|
1.89
+950%
|
0.19
-90%
|
1.91
+905%
|
0.12
-94%
|
1.09
+808%
|
1.52
+39%
|
0.02
-99%
|
-0.13
N/A
|
0.57
N/A
|
-0.88
N/A
|
-2.62
-198%
|
-3.37
-29%
|
-1.56
+54%
|
0.25
N/A
|
0.66
+164%
|
0.95
+44%
|
0.7
-26%
|
0.07
-90%
|
0.29
+314%
|