Frontage Holdings Corp
HKEX:1521
Income Statement
Earnings Waterfall
Frontage Holdings Corp
Income Statement
Frontage Holdings Corp
| Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Interest Expense |
1
|
2
|
2
|
2
|
3
|
3
|
4
|
6
|
7
|
8
|
10
|
9
|
|
| Revenue |
100
N/A
|
101
+1%
|
126
+24%
|
160
+27%
|
184
+15%
|
218
+18%
|
250
+15%
|
260
+4%
|
260
+0%
|
260
+0%
|
255
-2%
|
253
-1%
|
|
| Gross Profit | |||||||||||||
| Cost of Revenue |
(63)
|
(69)
|
(84)
|
(104)
|
(118)
|
(137)
|
(161)
|
(176)
|
(181)
|
(186)
|
(185)
|
(183)
|
|
| Gross Profit |
37
N/A
|
33
-12%
|
41
+27%
|
57
+36%
|
67
+18%
|
81
+22%
|
89
+10%
|
84
-6%
|
78
-7%
|
74
-5%
|
70
-6%
|
70
+1%
|
|
| Operating Income | |||||||||||||
| Operating Expenses |
(19)
|
(23)
|
(24)
|
(30)
|
(41)
|
(48)
|
(53)
|
(57)
|
(57)
|
(58)
|
(59)
|
(55)
|
|
| Selling, General & Administrative |
(20)
|
(23)
|
(24)
|
(30)
|
(39)
|
(48)
|
(52)
|
(54)
|
(53)
|
(55)
|
(56)
|
(53)
|
|
| Research & Development |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
|
| Other Operating Expenses |
2
|
2
|
2
|
2
|
1
|
3
|
3
|
3
|
2
|
3
|
2
|
2
|
|
| Operating Income |
18
N/A
|
10
-43%
|
18
+73%
|
27
+52%
|
26
-3%
|
34
+30%
|
36
+9%
|
27
-26%
|
22
-19%
|
16
-26%
|
10
-36%
|
15
+48%
|
|
| Pre-Tax Income | |||||||||||||
| Interest Income Expense |
5
|
6
|
2
|
(1)
|
(1)
|
(2)
|
(0)
|
(1)
|
(5)
|
(7)
|
(8)
|
(8)
|
|
| Non-Reccuring Items |
(2)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(2)
|
0
|
(0)
|
|
| Pre-Tax Income |
21
N/A
|
16
-23%
|
20
+21%
|
26
+32%
|
25
-2%
|
32
+26%
|
36
+14%
|
26
-29%
|
15
-43%
|
8
-48%
|
3
-64%
|
7
+172%
|
|
| Net Income | |||||||||||||
| Tax Provision |
(2)
|
(3)
|
(2)
|
(4)
|
(6)
|
(9)
|
(10)
|
(8)
|
(4)
|
(2)
|
(2)
|
(4)
|
|
| Income from Continuing Operations |
18
|
14
|
17
|
22
|
19
|
23
|
26
|
17
|
11
|
6
|
1
|
4
|
|
| Income to Minority Interest |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
|
| Net Income (Common) |
18
N/A
|
14
-27%
|
17
+27%
|
22
+26%
|
18
-15%
|
23
+22%
|
26
+14%
|
17
-32%
|
11
-38%
|
6
-44%
|
1
-87%
|
4
+385%
|
|
| EPS (Diluted) |
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|