Titan Invo Technology Ltd
HKEX:872
Income Statement
Earnings Waterfall
Titan Invo Technology Ltd
Revenue
|
270.1m
HKD
|
Cost of Revenue
|
-241.6m
HKD
|
Gross Profit
|
28.4m
HKD
|
Operating Expenses
|
-238.6m
HKD
|
Operating Income
|
-210.2m
HKD
|
Other Expenses
|
-511.2m
HKD
|
Net Income
|
-721.4m
HKD
|
Income Statement
Titan Invo Technology Ltd
Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||
Revenue |
182
N/A
|
172
-6%
|
177
+3%
|
187
+6%
|
196
+5%
|
220
+12%
|
242
+10%
|
270
+12%
|
353
+31%
|
416
+18%
|
506
+22%
|
614
+21%
|
667
+9%
|
672
+1%
|
695
+3%
|
719
+3%
|
648
-10%
|
84
-87%
|
203
+141%
|
344
+69%
|
457
+33%
|
574
+26%
|
733
+28%
|
587
-20%
|
427
-27%
|
404
-5%
|
270
-33%
|
|
Gross Profit | ||||||||||||||||||||||||||||
Cost of Revenue |
(111)
|
(107)
|
(114)
|
(127)
|
(133)
|
(154)
|
(169)
|
(185)
|
(253)
|
(296)
|
(369)
|
(460)
|
(503)
|
(512)
|
(532)
|
(550)
|
(501)
|
(79)
|
(176)
|
(299)
|
(396)
|
(477)
|
(643)
|
(532)
|
(363)
|
(331)
|
(242)
|
|
Gross Profit |
71
N/A
|
65
-8%
|
63
-4%
|
60
-4%
|
63
+4%
|
66
+5%
|
72
+9%
|
84
+17%
|
100
+18%
|
120
+20%
|
137
+14%
|
153
+12%
|
164
+7%
|
160
-3%
|
163
+2%
|
169
+4%
|
147
-13%
|
5
-97%
|
27
+448%
|
44
+65%
|
61
+38%
|
97
+60%
|
90
-8%
|
55
-38%
|
64
+16%
|
73
+14%
|
28
-61%
|
|
Operating Income | ||||||||||||||||||||||||||||
Operating Expenses |
(15)
|
(17)
|
(20)
|
(22)
|
(27)
|
(29)
|
(31)
|
(33)
|
(42)
|
(55)
|
(68)
|
(80)
|
(85)
|
(84)
|
(41)
|
(50)
|
(86)
|
(33)
|
(78)
|
(97)
|
(127)
|
(178)
|
(319)
|
(351)
|
(264)
|
(219)
|
(239)
|
|
Selling, General & Administrative |
(13)
|
(14)
|
(18)
|
(20)
|
(25)
|
(28)
|
(30)
|
(33)
|
(43)
|
(52)
|
(61)
|
(72)
|
(82)
|
(84)
|
(88)
|
(92)
|
(118)
|
(33)
|
(75)
|
(87)
|
(119)
|
(136)
|
(151)
|
(130)
|
(132)
|
(129)
|
(115)
|
|
Research & Development |
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(2)
|
(2)
|
(3)
|
(4)
|
(9)
|
(16)
|
(16)
|
(14)
|
(14)
|
(10)
|
(15)
|
0
|
0
|
(5)
|
(13)
|
(10)
|
(33)
|
(103)
|
(119)
|
(86)
|
(63)
|
(54)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(21)
|
(36)
|
(73)
|
(71)
|
(74)
|
|
Other Operating Expenses |
1
|
1
|
1
|
1
|
1
|
1
|
2
|
3
|
5
|
6
|
9
|
8
|
11
|
15
|
57
|
57
|
32
|
0
|
2
|
3
|
1
|
(10)
|
(43)
|
(66)
|
26
|
44
|
4
|
|
Operating Income |
56
N/A
|
49
-14%
|
43
-12%
|
39
-9%
|
36
-8%
|
37
+4%
|
42
+13%
|
51
+23%
|
57
+12%
|
64
+12%
|
69
+7%
|
74
+7%
|
79
+7%
|
76
-4%
|
122
+60%
|
119
-3%
|
61
-48%
|
(28)
N/A
|
(52)
-83%
|
(53)
-3%
|
(66)
-25%
|
(81)
-22%
|
(229)
-183%
|
(296)
-29%
|
(199)
+33%
|
(145)
+27%
|
(210)
-45%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||
Interest Income Expense |
(4)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(5)
|
(4)
|
(2)
|
2
|
4
|
5
|
4
|
1
|
1
|
4
|
(7)
|
(23)
|
(47)
|
(59)
|
(70)
|
(75)
|
(77)
|
(90)
|
(90)
|
(96)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
(0)
|
0
|
(11)
|
0
|
(0)
|
0
|
(527)
|
|
Total Other Income |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
0
|
0
|
(4)
|
(8)
|
(13)
|
(18)
|
(18)
|
(22)
|
(25)
|
(25)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
52
N/A
|
45
-13%
|
40
-11%
|
36
-9%
|
33
-11%
|
34
+5%
|
38
+13%
|
46
+21%
|
53
+15%
|
59
+10%
|
62
+6%
|
65
+5%
|
67
+3%
|
61
-8%
|
101
+65%
|
94
-6%
|
41
-56%
|
(35)
N/A
|
(81)
-130%
|
(100)
-24%
|
(126)
-26%
|
(151)
-20%
|
(315)
-109%
|
(373)
-19%
|
(289)
+23%
|
(236)
+19%
|
(834)
-254%
|
|
Net Income | ||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(4)
|
(6)
|
(6)
|
(8)
|
(8)
|
(9)
|
(8)
|
(6)
|
(5)
|
(8)
|
(9)
|
0
|
10
|
10
|
2
|
1
|
13
|
22
|
19
|
8
|
37
|
|
Income from Continuing Operations |
52
|
45
|
40
|
37
|
32
|
33
|
35
|
41
|
48
|
51
|
54
|
56
|
59
|
56
|
96
|
87
|
32
|
(35)
|
(71)
|
(90)
|
(124)
|
(149)
|
(301)
|
(352)
|
(270)
|
(228)
|
(796)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(0)
|
5
|
5
|
8
|
11
|
(12)
|
(8)
|
6
|
0
|
(5)
|
0
|
4
|
8
|
2
|
(11)
|
4
|
9
|
0
|
|
Net Income (Common) |
52
N/A
|
45
-13%
|
40
-11%
|
36
-9%
|
32
-12%
|
33
+2%
|
34
+4%
|
40
+17%
|
46
+15%
|
51
+11%
|
59
+16%
|
61
+4%
|
67
+9%
|
67
+0%
|
84
+25%
|
79
-6%
|
39
-51%
|
(35)
N/A
|
(75)
-118%
|
(90)
-20%
|
(122)
-35%
|
(142)
-16%
|
(300)
-111%
|
(399)
-33%
|
(246)
+38%
|
(65)
+74%
|
(721)
-1 007%
|
|
EPS (Diluted) |
0.15
N/A
|
0.12
-20%
|
0.11
-8%
|
0.1
-9%
|
0.09
-10%
|
0.09
N/A
|
0.09
N/A
|
0.1
+11%
|
0.07
-30%
|
0.11
+57%
|
0.13
+18%
|
0.13
N/A
|
0.14
+8%
|
0.14
N/A
|
0.17
+21%
|
0.16
-6%
|
0.08
-50%
|
-0.04
N/A
|
-0.08
-100%
|
-0.1
-25%
|
-0.11
-10%
|
-0.07
+36%
|
-0.16
-129%
|
-0.18
-13%
|
-0.13
+28%
|
-0.03
+77%
|
-0.34
-1 033%
|