Avi Ltd
JSE:AVI
Income Statement
Earnings Waterfall
Avi Ltd
Income Statement
Avi Ltd
| Jun-2003 | Dec-2003 | Jun-2004 | Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | 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 |
0
|
12
|
55
|
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
|
132
|
0
|
201
|
0
|
175
|
0
|
121
|
0
|
116
|
0
|
199
|
0
|
199
|
0
|
237
|
|
| Revenue |
6 564
N/A
|
5 416
-17%
|
7 028
+30%
|
7 160
+2%
|
6 585
-8%
|
5 158
-22%
|
5 407
+5%
|
5 819
+8%
|
6 332
+9%
|
6 444
+2%
|
6 661
+3%
|
7 271
+9%
|
7 462
+3%
|
7 508
+1%
|
7 631
+2%
|
7 718
+1%
|
7 686
0%
|
7 771
+1%
|
8 287
+7%
|
8 686
+5%
|
9 218
+6%
|
9 727
+6%
|
10 267
+6%
|
10 869
+6%
|
11 244
+3%
|
11 635
+3%
|
12 189
+5%
|
12 931
+6%
|
13 185
+2%
|
13 350
+1%
|
13 438
+1%
|
13 206
-2%
|
13 151
0%
|
13 224
+1%
|
13 210
0%
|
13 199
0%
|
13 269
+1%
|
13 434
+1%
|
13 845
+3%
|
14 373
+4%
|
14 920
+4%
|
15 475
+4%
|
15 862
+3%
|
15 955
+1%
|
16 022
+0%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(3 835)
|
(4 781)
|
(4 132)
|
(4 209)
|
(3 933)
|
(4 650)
|
(3 264)
|
(4 233)
|
(3 705)
|
(3 732)
|
(3 912)
|
(4 354)
|
(4 486)
|
(4 497)
|
(4 474)
|
(4 328)
|
(4 234)
|
(4 222)
|
(4 524)
|
(4 757)
|
(5 111)
|
(5 472)
|
(5 840)
|
(6 165)
|
(6 320)
|
(6 489)
|
(6 842)
|
(7 353)
|
(7 422)
|
(7 430)
|
(7 498)
|
(7 583)
|
(7 740)
|
(7 811)
|
(7 959)
|
(8 089)
|
(8 101)
|
(8 205)
|
(8 507)
|
(8 808)
|
(9 095)
|
(9 288)
|
(9 249)
|
(9 181)
|
(9 184)
|
|
| Gross Profit |
2 729
N/A
|
635
-77%
|
2 896
+356%
|
2 951
+2%
|
2 653
-10%
|
508
-81%
|
2 143
+322%
|
1 586
-26%
|
2 628
+66%
|
2 713
+3%
|
2 748
+1%
|
2 916
+6%
|
2 977
+2%
|
3 011
+1%
|
3 157
+5%
|
3 391
+7%
|
3 452
+2%
|
3 548
+3%
|
3 763
+6%
|
3 929
+4%
|
4 108
+5%
|
4 255
+4%
|
4 428
+4%
|
4 705
+6%
|
4 923
+5%
|
5 145
+5%
|
5 347
+4%
|
5 577
+4%
|
5 762
+3%
|
5 921
+3%
|
5 940
+0%
|
5 623
-5%
|
5 411
-4%
|
5 413
+0%
|
5 251
-3%
|
5 110
-3%
|
5 168
+1%
|
5 229
+1%
|
5 339
+2%
|
5 564
+4%
|
5 825
+5%
|
6 187
+6%
|
6 613
+7%
|
6 774
+2%
|
6 838
+1%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(1 797)
|
0
|
(1 949)
|
(1 934)
|
(1 812)
|
(23)
|
(1 625)
|
(951)
|
(1 892)
|
(1 924)
|
(1 950)
|
(2 044)
|
(2 068)
|
(2 102)
|
(2 216)
|
(2 310)
|
(2 330)
|
(2 251)
|
(2 391)
|
(2 490)
|
(2 581)
|
(2 630)
|
(2 715)
|
(2 861)
|
(3 007)
|
(3 079)
|
(3 192)
|
(3 324)
|
(3 377)
|
(3 413)
|
(3 387)
|
(3 145)
|
(2 888)
|
(2 889)
|
(2 917)
|
(2 813)
|
(2 759)
|
(2 724)
|
(2 799)
|
(2 997)
|
(3 110)
|
(3 198)
|
(3 309)
|
(3 308)
|
(3 276)
|
|
| Selling, General & Administrative |
(1 796)
|
0
|
(1 949)
|
0
|
(1 812)
|
0
|
(1 626)
|
(951)
|
(1 892)
|
(1 924)
|
(1 950)
|
(2 044)
|
(2 068)
|
(2 102)
|
(2 216)
|
(2 310)
|
(2 329)
|
(2 251)
|
(2 390)
|
(2 490)
|
(2 582)
|
(2 630)
|
(2 715)
|
(2 861)
|
(3 007)
|
(3 079)
|
(3 192)
|
(3 317)
|
(3 377)
|
(3 413)
|
(3 387)
|
(3 145)
|
(2 888)
|
(2 889)
|
(2 917)
|
(2 813)
|
(2 759)
|
(2 724)
|
(2 799)
|
(2 999)
|
(3 110)
|
(3 209)
|
(3 309)
|
(3 308)
|
(3 276)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
(1 934)
|
0
|
(23)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
|
| Operating Income |
933
N/A
|
635
-32%
|
947
+49%
|
1 017
+7%
|
840
-17%
|
485
-42%
|
517
+7%
|
636
+23%
|
735
+16%
|
789
+7%
|
799
+1%
|
872
+9%
|
909
+4%
|
909
0%
|
941
+4%
|
1 081
+15%
|
1 123
+4%
|
1 297
+16%
|
1 373
+6%
|
1 439
+5%
|
1 527
+6%
|
1 626
+6%
|
1 713
+5%
|
1 844
+8%
|
1 917
+4%
|
2 067
+8%
|
2 155
+4%
|
2 253
+5%
|
2 385
+6%
|
2 508
+5%
|
2 553
+2%
|
2 478
-3%
|
2 523
+2%
|
2 524
+0%
|
2 335
-8%
|
2 297
-2%
|
2 409
+5%
|
2 505
+4%
|
2 540
+1%
|
2 567
+1%
|
2 715
+6%
|
2 989
+10%
|
3 305
+11%
|
3 466
+5%
|
3 562
+3%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
53
|
18
|
30
|
(10)
|
(1)
|
(11)
|
(46)
|
(62)
|
(54)
|
(39)
|
(47)
|
(93)
|
(110)
|
(79)
|
(53)
|
(33)
|
(4)
|
19
|
33
|
2
|
(29)
|
(29)
|
(20)
|
(25)
|
(49)
|
(64)
|
(71)
|
(55)
|
(74)
|
(98)
|
(70)
|
(81)
|
(153)
|
(180)
|
(148)
|
(112)
|
(96)
|
(104)
|
(112)
|
(143)
|
(189)
|
(208)
|
(188)
|
(187)
|
(227)
|
|
| Non-Reccuring Items |
0
|
14
|
0
|
(5)
|
19
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(21)
|
2
|
0
|
2
|
(4)
|
142
|
143
|
(13)
|
(0)
|
(14)
|
(3)
|
0
|
(152)
|
(152)
|
(150)
|
(161)
|
(128)
|
317
|
445
|
9
|
(8)
|
(5)
|
1
|
0
|
11
|
0
|
0
|
18
|
11
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(5)
|
0
|
(9)
|
0
|
(11)
|
(3)
|
10
|
16
|
13
|
10
|
(0)
|
12
|
11
|
(0)
|
4
|
2
|
(3)
|
(3)
|
(2)
|
(1)
|
(21)
|
(20)
|
(0)
|
|
| Total Other Income |
37
|
32
|
(21)
|
(316)
|
(280)
|
(8)
|
(11)
|
43
|
36
|
12
|
14
|
46
|
17
|
(37)
|
(7)
|
(24)
|
0
|
9
|
(14)
|
(16)
|
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
|
|
| Pre-Tax Income |
1 023
N/A
|
698
-32%
|
956
+37%
|
686
-28%
|
578
-16%
|
467
-19%
|
461
-1%
|
617
+34%
|
718
+16%
|
761
+6%
|
766
+1%
|
825
+8%
|
816
-1%
|
792
-3%
|
881
+11%
|
1 023
+16%
|
1 098
+7%
|
1 327
+21%
|
1 391
+5%
|
1 428
+3%
|
1 493
+5%
|
1 739
+16%
|
1 831
+5%
|
1 806
-1%
|
1 860
+3%
|
1 989
+7%
|
2 069
+4%
|
2 195
+6%
|
2 169
-1%
|
2 274
+5%
|
2 346
+3%
|
2 246
-4%
|
2 242
0%
|
2 672
+19%
|
2 642
-1%
|
2 193
-17%
|
2 309
+5%
|
2 398
+4%
|
2 426
+1%
|
2 420
0%
|
2 535
+5%
|
2 780
+10%
|
3 096
+11%
|
3 276
+6%
|
3 346
+2%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(250)
|
(175)
|
(312)
|
(338)
|
(246)
|
(131)
|
(143)
|
(182)
|
(235)
|
(268)
|
(266)
|
(270)
|
(277)
|
(278)
|
(287)
|
(333)
|
(363)
|
(442)
|
(444)
|
(417)
|
(449)
|
(497)
|
(515)
|
(527)
|
(527)
|
(562)
|
(588)
|
(624)
|
(615)
|
(645)
|
(670)
|
(639)
|
(638)
|
(713)
|
(695)
|
(617)
|
(664)
|
(685)
|
(675)
|
(661)
|
(698)
|
(758)
|
(839)
|
(893)
|
(916)
|
|
| Income from Continuing Operations |
772
|
523
|
644
|
348
|
333
|
336
|
318
|
434
|
483
|
493
|
500
|
555
|
539
|
514
|
594
|
690
|
735
|
885
|
948
|
1 011
|
1 044
|
1 242
|
1 316
|
1 279
|
1 332
|
1 427
|
1 481
|
1 571
|
1 553
|
1 629
|
1 676
|
1 607
|
1 605
|
1 960
|
1 947
|
1 576
|
1 646
|
1 713
|
1 751
|
1 759
|
1 837
|
2 022
|
2 258
|
2 383
|
2 430
|
|
| Income to Minority Interest |
(106)
|
(92)
|
(81)
|
(47)
|
(18)
|
3
|
5
|
8
|
8
|
3
|
(1)
|
(1)
|
(1)
|
0
|
(4)
|
(2)
|
0
|
(2)
|
(2)
|
(2)
|
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
|
|
| Equity Earnings Affiliates |
(5)
|
0
|
4
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
661
N/A
|
610
-8%
|
567
-7%
|
110
-81%
|
616
+458%
|
407
-34%
|
328
-19%
|
438
+34%
|
491
+12%
|
495
+1%
|
488
-1%
|
547
+12%
|
508
-7%
|
474
-7%
|
468
-1%
|
579
+24%
|
698
+20%
|
858
+23%
|
971
+13%
|
1 059
+9%
|
1 086
+3%
|
1 242
+14%
|
1 316
+6%
|
1 279
-3%
|
1 332
+4%
|
1 427
+7%
|
1 481
+4%
|
1 571
+6%
|
1 553
-1%
|
1 629
+5%
|
1 676
+3%
|
1 607
-4%
|
1 605
0%
|
1 960
+22%
|
1 947
-1%
|
1 576
-19%
|
1 646
+4%
|
1 713
+4%
|
1 751
+2%
|
1 759
+0%
|
1 837
+4%
|
2 022
+10%
|
2 258
+12%
|
2 383
+6%
|
2 430
+2%
|
|
| EPS (Diluted) |
2.06
N/A
|
1.91
-7%
|
1.78
-7%
|
0.35
-80%
|
1.94
+454%
|
1.29
-34%
|
1.03
-20%
|
1.4
+36%
|
1.56
+11%
|
1.58
+1%
|
1.57
-1%
|
1.83
+17%
|
1.67
-9%
|
1.53
-8%
|
1.5
-2%
|
1.88
+25%
|
2.23
+19%
|
2.78
+25%
|
3.09
+11%
|
3.31
+7%
|
3.38
+2%
|
3.87
+14%
|
4.09
+6%
|
3.96
-3%
|
4.11
+4%
|
4.39
+7%
|
4.55
+4%
|
4.82
+6%
|
4.75
-1%
|
4.97
+5%
|
5.1
+3%
|
4.88
-4%
|
4.87
0%
|
5.94
+22%
|
5.9
-1%
|
4.76
-19%
|
4.97
+4%
|
5.18
+4%
|
5.29
+2%
|
5.31
+0%
|
5.54
+4%
|
6.08
+10%
|
6.76
+11%
|
7.1
+5%
|
7.21
+2%
|
|