Verbrec Ltd
ASX:VBC
Income Statement
Earnings Waterfall
Verbrec Ltd
Revenue
|
104.7m
AUD
|
Cost of Revenue
|
-73.8m
AUD
|
Gross Profit
|
30.9m
AUD
|
Operating Expenses
|
-35.3m
AUD
|
Operating Income
|
-4.4m
AUD
|
Other Expenses
|
-2.4m
AUD
|
Net Income
|
-6.8m
AUD
|
Income Statement
Verbrec Ltd
Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
100
N/A
|
117
+17%
|
100
-14%
|
97
-3%
|
110
+13%
|
121
+10%
|
120
-1%
|
118
-1%
|
105
-11%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
(73)
|
(81)
|
(68)
|
(71)
|
(82)
|
(86)
|
(87)
|
(88)
|
(74)
|
|
Gross Profit |
27
N/A
|
36
+35%
|
32
-11%
|
27
-17%
|
29
+6%
|
35
+24%
|
33
-7%
|
30
-8%
|
31
+2%
|
|
Operating Income | ||||||||||
Operating Expenses |
(24)
|
(34)
|
(30)
|
(32)
|
(34)
|
(38)
|
(35)
|
(38)
|
(35)
|
|
Selling, General & Administrative |
(18)
|
0
|
(14)
|
(28)
|
(29)
|
(33)
|
(31)
|
(34)
|
(31)
|
|
Depreciation & Amortization |
(2)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
|
Other Operating Expenses |
(4)
|
(30)
|
(14)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
|
Operating Income |
3
N/A
|
3
-17%
|
2
-32%
|
(5)
N/A
|
(6)
-16%
|
(2)
+56%
|
(3)
-3%
|
(8)
-218%
|
(4)
+46%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
|
Non-Reccuring Items |
0
|
1
|
0
|
1
|
0
|
(1)
|
0
|
(1)
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
|
Pre-Tax Income |
3
N/A
|
3
+1%
|
1
-57%
|
(4)
N/A
|
(6)
-50%
|
(3)
+45%
|
(3)
+7%
|
(10)
-211%
|
(5)
+45%
|
|
Net Income | ||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
(0)
|
0
|
1
|
|
Income from Continuing Operations |
2
|
2
|
0
|
(4)
|
(6)
|
(3)
|
(4)
|
(10)
|
(4)
|
|
Net Income (Common) |
2
N/A
|
2
-20%
|
0
-95%
|
(4)
N/A
|
(6)
-32%
|
(3)
+47%
|
(5)
-51%
|
(10)
-102%
|
(7)
+29%
|
|
EPS (Diluted) |
0.01
N/A
|
0.01
N/A
|
0
N/A
|
-0.02
N/A
|
-0.03
-50%
|
-0.01
+67%
|
-0.02
-100%
|
-0.04
-100%
|
-0.02
+50%
|