African Equity Empowerment Investments Ltd
JSE:AEE
Income Statement
Earnings Waterfall
African Equity Empowerment Investments Ltd
Revenue
|
734.2m
ZAR
|
Cost of Revenue
|
-410.4m
ZAR
|
Gross Profit
|
323.9m
ZAR
|
Operating Expenses
|
-300.1m
ZAR
|
Operating Income
|
23.7m
ZAR
|
Other Expenses
|
-1.4B
ZAR
|
Net Income
|
-1.4B
ZAR
|
Income Statement
African Equity Empowerment Investments Ltd
Aug-2004 | Feb-2005 | Aug-2005 | Feb-2006 | Aug-2006 | Feb-2007 | Aug-2007 | Feb-2008 | Aug-2008 | Feb-2009 | Aug-2009 | Feb-2010 | Aug-2010 | Feb-2011 | Aug-2011 | Feb-2012 | Aug-2012 | Feb-2013 | Aug-2013 | Feb-2014 | Aug-2014 | Feb-2015 | Aug-2015 | Feb-2016 | Aug-2016 | Feb-2017 | Aug-2017 | Feb-2018 | Aug-2018 | Feb-2019 | Aug-2019 | Feb-2020 | Aug-2020 | Feb-2021 | Aug-2021 | Feb-2022 | Aug-2022 | Feb-2023 | Aug-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||
Revenue |
311
N/A
|
343
+10%
|
400
+17%
|
414
+3%
|
425
+3%
|
438
+3%
|
450
+3%
|
492
+9%
|
638
+30%
|
592
-7%
|
399
-33%
|
366
-8%
|
403
+10%
|
388
-4%
|
440
+14%
|
484
+10%
|
456
-6%
|
503
+10%
|
569
+13%
|
586
+3%
|
621
+6%
|
637
+3%
|
672
+5%
|
719
+7%
|
736
+2%
|
885
+20%
|
577
-35%
|
726
+26%
|
701
-4%
|
862
+23%
|
2 377
+176%
|
3 226
+36%
|
3 428
+6%
|
2 985
-13%
|
2 339
-22%
|
1 451
-38%
|
579
-60%
|
640
+11%
|
734
+15%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(190)
|
(251)
|
(352)
|
(362)
|
(333)
|
(316)
|
(264)
|
0
|
0
|
0
|
0
|
0
|
0
|
(97)
|
(308)
|
(321)
|
(305)
|
(344)
|
(391)
|
(406)
|
(426)
|
(440)
|
(444)
|
(473)
|
(460)
|
(541)
|
(339)
|
(435)
|
(410)
|
(498)
|
(1 652)
|
(2 378)
|
(2 613)
|
(2 253)
|
(1 659)
|
(994)
|
(379)
|
(406)
|
(410)
|
|
Gross Profit |
121
N/A
|
92
-24%
|
48
-48%
|
51
+7%
|
92
+80%
|
121
+31%
|
186
+53%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
37
N/A
|
133
+255%
|
163
+23%
|
151
-7%
|
159
+6%
|
179
+12%
|
180
+1%
|
194
+8%
|
198
+2%
|
229
+16%
|
246
+7%
|
275
+12%
|
345
+25%
|
238
-31%
|
291
+22%
|
290
0%
|
364
+25%
|
725
+99%
|
848
+17%
|
814
-4%
|
732
-10%
|
680
-7%
|
458
-33%
|
200
-56%
|
234
+17%
|
324
+38%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(100)
|
(100)
|
0
|
0
|
0
|
0
|
0
|
(348)
|
(605)
|
(518)
|
(426)
|
(397)
|
(370)
|
(277)
|
(136)
|
(140)
|
(120)
|
(110)
|
(145)
|
(179)
|
(141)
|
(135)
|
(147)
|
(146)
|
(165)
|
(223)
|
(176)
|
(232)
|
(242)
|
(283)
|
(789)
|
(1 036)
|
(805)
|
(784)
|
(951)
|
(631)
|
(253)
|
(267)
|
(300)
|
|
Selling, General & Administrative |
(128)
|
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
|
0
|
0
|
0
|
0
|
(564)
|
0
|
(198)
|
0
|
(157)
|
|
Depreciation & Amortization |
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
|
0
|
0
|
0
|
0
|
0
|
(83)
|
0
|
(17)
|
0
|
(19)
|
|
Other Operating Expenses |
28
|
(100)
|
0
|
0
|
0
|
0
|
0
|
(348)
|
(605)
|
(518)
|
(426)
|
(397)
|
(370)
|
(277)
|
(136)
|
(140)
|
(120)
|
(110)
|
(145)
|
(179)
|
(141)
|
(135)
|
(147)
|
(146)
|
(165)
|
(223)
|
(176)
|
(232)
|
(242)
|
(283)
|
(789)
|
(1 036)
|
(805)
|
(784)
|
(305)
|
(631)
|
(38)
|
(267)
|
(124)
|
|
Operating Income |
21
N/A
|
(8)
N/A
|
48
N/A
|
51
+7%
|
92
+80%
|
121
+31%
|
186
+53%
|
144
-23%
|
33
-77%
|
74
+122%
|
(26)
N/A
|
(31)
-18%
|
33
N/A
|
14
-59%
|
(4)
N/A
|
23
N/A
|
31
+35%
|
50
+61%
|
34
-32%
|
1
-99%
|
53
+10 580%
|
63
+17%
|
81
+30%
|
100
+23%
|
110
+10%
|
122
+11%
|
62
-49%
|
59
-6%
|
49
-17%
|
81
+66%
|
(63)
N/A
|
(188)
-197%
|
9
N/A
|
(52)
N/A
|
(271)
-419%
|
(173)
+36%
|
(54)
+69%
|
(32)
+40%
|
24
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(13)
|
(14)
|
(15)
|
(12)
|
(4)
|
(3)
|
(11)
|
(10)
|
(13)
|
(15)
|
(18)
|
(17)
|
(12)
|
9
|
40
|
25
|
19
|
4
|
58
|
67
|
33
|
59
|
103
|
112
|
171
|
672
|
560
|
176
|
52
|
7
|
282
|
311
|
191
|
198
|
243
|
104
|
43
|
85
|
84
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
(17)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(33)
|
0
|
21
|
0
|
1
|
1
|
6
|
6
|
9
|
8
|
5 910
|
5 129
|
(2 607)
|
(1 779)
|
(90)
|
(201)
|
(152)
|
(86)
|
2
|
(219)
|
(834)
|
|
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
|
1
|
0
|
(12)
|
0
|
12
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
(513)
|
|
Pre-Tax Income |
8
N/A
|
(23)
N/A
|
34
N/A
|
40
+18%
|
89
+125%
|
118
+33%
|
174
+47%
|
120
-31%
|
4
-97%
|
59
+1 492%
|
(44)
N/A
|
(48)
-9%
|
21
N/A
|
22
+6%
|
37
+63%
|
47
+30%
|
48
+1%
|
53
+10%
|
59
+11%
|
67
+15%
|
108
+61%
|
121
+12%
|
186
+53%
|
214
+15%
|
288
+35%
|
799
+178%
|
631
-21%
|
231
-63%
|
6 011
+2 499%
|
5 229
-13%
|
(2 388)
N/A
|
(1 656)
+31%
|
111
N/A
|
(56)
N/A
|
(181)
-223%
|
(155)
+14%
|
(9)
+94%
|
(166)
-1 722%
|
(1 239)
-645%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(4)
|
3
|
8
|
7
|
(15)
|
(22)
|
(62)
|
(55)
|
2
|
(5)
|
(14)
|
(15)
|
(13)
|
(12)
|
(7)
|
(18)
|
(30)
|
(26)
|
(28)
|
(33)
|
(6)
|
(3)
|
(36)
|
(42)
|
(79)
|
(200)
|
(144)
|
(49)
|
(1 063)
|
8
|
997
|
(65)
|
(92)
|
(106)
|
(85)
|
(52)
|
15
|
(22)
|
22
|
|
Income from Continuing Operations |
4
|
(19)
|
42
|
46
|
74
|
96
|
112
|
64
|
6
|
54
|
(58)
|
(63)
|
9
|
11
|
29
|
29
|
18
|
27
|
30
|
34
|
102
|
118
|
149
|
172
|
208
|
600
|
488
|
182
|
4 948
|
5 237
|
(1 391)
|
(1 721)
|
19
|
(162)
|
(265)
|
(207)
|
6
|
(189)
|
(1 217)
|
|
Income to Minority Interest |
(2)
|
(1)
|
(8)
|
(10)
|
(7)
|
(7)
|
2
|
5
|
1
|
(4)
|
(0)
|
(0)
|
(1)
|
1
|
(2)
|
(1)
|
(0)
|
(3)
|
(1)
|
(2)
|
(6)
|
2
|
4
|
9
|
8
|
3
|
(52)
|
(61)
|
(115)
|
(176)
|
(102)
|
(80)
|
(9)
|
75
|
132
|
102
|
8
|
(6)
|
(27)
|
|
Equity Earnings Affiliates |
0
|
0
|
1
|
3
|
1
|
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
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
2
N/A
|
(20)
N/A
|
34
N/A
|
39
+14%
|
67
+72%
|
88
+31%
|
115
+30%
|
69
-40%
|
6
-91%
|
51
+695%
|
(59)
N/A
|
(65)
-11%
|
8
N/A
|
12
+40%
|
26
+129%
|
29
+9%
|
18
-37%
|
25
+38%
|
30
+19%
|
32
+7%
|
97
+204%
|
120
+24%
|
153
+28%
|
181
+18%
|
217
+20%
|
603
+178%
|
477
-21%
|
162
-66%
|
4 992
+2 979%
|
5 220
+5%
|
(1 493)
N/A
|
(1 801)
-21%
|
10
N/A
|
(87)
N/A
|
(133)
-53%
|
(164)
-23%
|
(224)
-37%
|
(401)
-79%
|
(1 425)
-255%
|
|
EPS (Diluted) |
0.02
N/A
|
-0.1
N/A
|
0.12
N/A
|
0.15
+25%
|
0.16
+7%
|
0.22
+38%
|
0.27
+23%
|
0.16
-41%
|
0.01
-94%
|
0.09
+800%
|
-0.12
N/A
|
-0.13
-8%
|
0.02
N/A
|
0.03
+50%
|
0.06
+100%
|
0.06
N/A
|
0.04
-33%
|
0.05
+25%
|
0.06
+20%
|
0.07
+17%
|
0.2
+186%
|
0.24
+20%
|
0.31
+29%
|
0.37
+19%
|
0.44
+19%
|
1.23
+180%
|
0.97
-21%
|
0.33
-66%
|
10.16
+2 979%
|
10.62
+5%
|
-3.04
N/A
|
-3.67
-21%
|
0.02
N/A
|
-0.18
N/A
|
-0.27
-50%
|
-0.33
-22%
|
-0.45
-36%
|
-0.81
-80%
|
-2.9
-258%
|