MAS Real Estate Inc
JSE:MSP
Income Statement
Earnings Waterfall
MAS Real Estate Inc
Income Statement
MAS Real Estate Inc
| Feb-2010 | May-2010 | Aug-2010 | Nov-2010 | Feb-2011 | May-2011 | Aug-2011 | Feb-2012 | Aug-2012 | Feb-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 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
5
|
6
|
9
|
9
|
7
|
8
|
8
|
12
|
14
|
17
|
21
|
27
|
29
|
30
|
|
| Revenue |
0
N/A
|
1
+162%
|
1
+47%
|
2
+15%
|
2
+41%
|
2
+0%
|
3
+13%
|
2
-15%
|
4
+88%
|
4
-3%
|
6
+36%
|
5
-6%
|
4
-16%
|
9
+110%
|
14
+52%
|
16
+15%
|
21
+32%
|
32
+47%
|
40
+27%
|
43
+8%
|
53
+22%
|
70
+32%
|
63
-10%
|
47
-25%
|
47
-1%
|
45
-2%
|
46
+1%
|
48
+4%
|
64
+34%
|
83
+29%
|
96
+15%
|
100
+5%
|
102
+2%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(6)
|
(8)
|
(11)
|
(11)
|
(12)
|
(18)
|
(18)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(18)
|
(23)
|
(29)
|
(30)
|
(31)
|
|
| Gross Profit |
0
N/A
|
1
+134%
|
1
+43%
|
1
+5%
|
2
+46%
|
2
+2%
|
2
+17%
|
2
-8%
|
0
N/A
|
3
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
12
N/A
|
15
+23%
|
24
+60%
|
29
+21%
|
32
+11%
|
41
+26%
|
52
+26%
|
45
-13%
|
35
-22%
|
35
-1%
|
33
-5%
|
33
+1%
|
34
+3%
|
46
+34%
|
60
+30%
|
67
+11%
|
70
+4%
|
71
+2%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||
| Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(3)
|
(4)
|
(5)
|
(6)
|
(8)
|
(3)
|
(0)
|
(4)
|
(5)
|
(6)
|
1
|
(8)
|
(8)
|
(13)
|
(11)
|
(6)
|
(7)
|
(8)
|
(4)
|
(13)
|
(8)
|
(8)
|
(9)
|
|
| Selling, General & Administrative |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
(7)
|
(7)
|
(7)
|
|
| 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)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(0)
|
(4)
|
(5)
|
(6)
|
1
|
(8)
|
(8)
|
(13)
|
(11)
|
(6)
|
(7)
|
(8)
|
(4)
|
(4)
|
(1)
|
(1)
|
(1)
|
|
| Operating Income |
(1)
N/A
|
(0)
+40%
|
0
N/A
|
0
+85%
|
1
+92%
|
1
-3%
|
1
+7%
|
1
-18%
|
2
+182%
|
2
+23%
|
3
+27%
|
1
-52%
|
(0)
N/A
|
4
N/A
|
6
+73%
|
9
+48%
|
15
+59%
|
20
+38%
|
24
+17%
|
26
+10%
|
42
+63%
|
44
+4%
|
37
-15%
|
23
-39%
|
24
+4%
|
27
+13%
|
26
-2%
|
27
+2%
|
43
+60%
|
47
+10%
|
59
+26%
|
62
+5%
|
63
+1%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(2)
|
(3)
|
(4)
|
(2)
|
2
|
2
|
2
|
(1)
|
1
|
(3)
|
(2)
|
5
|
22
|
45
|
26
|
(7)
|
(13)
|
19
|
28
|
(1)
|
(22)
|
19
|
90
|
(16)
|
(58)
|
52
|
84
|
126
|
119
|
66
|
64
|
79
|
78
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
13
|
12
|
(23)
|
(34)
|
(15)
|
(6)
|
(3)
|
(0)
|
1
|
1
|
7
|
(0)
|
(3)
|
|
| 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)
|
(8)
|
(14)
|
(14)
|
(13)
|
5
|
3
|
4
|
|
| Pre-Tax Income |
(3)
N/A
|
(3)
-14%
|
(3)
-7%
|
(2)
+39%
|
3
N/A
|
3
+18%
|
3
+4%
|
0
-99%
|
2
+5 675%
|
(1)
N/A
|
0
N/A
|
6
+1 390%
|
22
+246%
|
49
+125%
|
32
-35%
|
2
-93%
|
2
-35%
|
40
+2 549%
|
52
+30%
|
26
-50%
|
34
+29%
|
75
+122%
|
104
+39%
|
(27)
N/A
|
(49)
-79%
|
71
N/A
|
99
+39%
|
139
+40%
|
149
+8%
|
101
-32%
|
136
+34%
|
143
+6%
|
141
-2%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(6)
|
(6)
|
(7)
|
(11)
|
(13)
|
(13)
|
(0)
|
1
|
(6)
|
(2)
|
(8)
|
(13)
|
(11)
|
(14)
|
(15)
|
(16)
|
|
| Income from Continuing Operations |
(3)
|
(3)
|
(3)
|
(2)
|
3
|
3
|
3
|
0
|
2
|
(1)
|
0
|
5
|
21
|
48
|
31
|
2
|
1
|
35
|
46
|
19
|
23
|
62
|
91
|
(28)
|
(48)
|
66
|
97
|
131
|
137
|
91
|
121
|
128
|
125
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(0)
|
(2)
|
(7)
|
(7)
|
(3)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
(3)
N/A
|
(3)
-14%
|
(3)
-10%
|
(2)
+38%
|
3
N/A
|
3
+19%
|
3
+6%
|
0
N/A
|
2
N/A
|
(1)
N/A
|
0
N/A
|
5
+2 430%
|
21
+314%
|
48
+132%
|
31
-37%
|
2
-95%
|
(0)
N/A
|
34
N/A
|
46
+36%
|
17
-63%
|
16
-4%
|
55
+239%
|
97
+75%
|
(22)
N/A
|
(53)
-145%
|
72
N/A
|
117
+64%
|
141
+20%
|
138
-2%
|
91
-34%
|
123
+36%
|
131
+6%
|
125
-4%
|
|
| EPS (Diluted) |
-0.79
N/A
|
-0.2
+75%
|
-0.17
+15%
|
-0.11
+35%
|
0.14
N/A
|
0.16
+14%
|
0.17
+6%
|
0
N/A
|
0.05
N/A
|
-0.02
N/A
|
0
N/A
|
0.03
N/A
|
0.08
+167%
|
0.17
+113%
|
0.1
-41%
|
0
N/A
|
0
N/A
|
0.08
N/A
|
0.1
+25%
|
0.03
-70%
|
0.03
N/A
|
0.09
+200%
|
0.14
+56%
|
-0.04
N/A
|
-0.06
-50%
|
0.09
N/A
|
0.16
+78%
|
0.19
+19%
|
0.2
+5%
|
0.13
-35%
|
0.17
+31%
|
0.19
+12%
|
0.2
+5%
|
|