SPAR Group Ltd
JSE:SPP
Income Statement
Earnings Waterfall
SPAR Group Ltd
Revenue
|
149.3B
ZAR
|
Cost of Revenue
|
-131.4B
ZAR
|
Gross Profit
|
17.9B
ZAR
|
Operating Expenses
|
-15.5B
ZAR
|
Operating Income
|
2.4B
ZAR
|
Other Expenses
|
-2B
ZAR
|
Net Income
|
401.3m
ZAR
|
Income Statement
SPAR Group Ltd
Sep-2005 | Mar-2006 | Sep-2006 | Mar-2007 | Sep-2007 | Mar-2008 | Sep-2008 | Mar-2009 | Sep-2009 | Mar-2010 | Sep-2010 | Mar-2011 | Sep-2011 | Mar-2012 | Sep-2012 | Mar-2013 | Sep-2013 | Mar-2014 | Sep-2014 | Mar-2015 | Sep-2015 | Mar-2016 | Sep-2016 | Mar-2017 | Sep-2017 | Mar-2018 | Sep-2018 | Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||
Revenue |
13 599
N/A
|
15 105
+11%
|
17 010
+13%
|
19 640
+15%
|
21 904
+12%
|
24 057
+10%
|
26 743
+11%
|
29 907
+12%
|
31 962
+7%
|
33 374
+4%
|
34 844
+4%
|
36 446
+5%
|
38 459
+6%
|
41 062
+7%
|
43 166
+5%
|
45 243
+5%
|
47 388
+5%
|
49 199
+4%
|
54 483
+11%
|
65 434
+20%
|
73 259
+12%
|
79 290
+8%
|
90 689
+14%
|
95 985
+6%
|
95 373
-1%
|
98 001
+3%
|
101 018
+3%
|
105 265
+4%
|
109 477
+4%
|
114 953
+5%
|
124 277
+8%
|
128 769
+4%
|
127 941
-1%
|
131 305
+3%
|
135 609
+3%
|
140 929
+4%
|
149 324
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(12 399)
|
(13 804)
|
(15 582)
|
(17 949)
|
(19 927)
|
(21 990)
|
(24 582)
|
(27 525)
|
(29 393)
|
(30 697)
|
(32 084)
|
(33 538)
|
(35 337)
|
(37 753)
|
(39 721)
|
(41 624)
|
(43 567)
|
(45 215)
|
(49 985)
|
(59 368)
|
(66 892)
|
(72 356)
|
(82 282)
|
(86 699)
|
(85 163)
|
(87 085)
|
(90 225)
|
(93 789)
|
(97 817)
|
(102 216)
|
(109 498)
|
(113 151)
|
(112 582)
|
(115 486)
|
(119 310)
|
(123 840)
|
(131 379)
|
|
Gross Profit |
1 200
N/A
|
1 301
+8%
|
1 428
+10%
|
1 691
+18%
|
1 977
+17%
|
2 066
+5%
|
2 159
+5%
|
2 381
+10%
|
2 569
+8%
|
2 677
+4%
|
2 760
+3%
|
2 908
+5%
|
3 122
+7%
|
3 309
+6%
|
3 445
+4%
|
3 619
+5%
|
3 821
+6%
|
3 984
+4%
|
4 498
+13%
|
6 067
+35%
|
6 367
+5%
|
6 936
+9%
|
8 407
+21%
|
9 286
+10%
|
10 210
+10%
|
10 917
+7%
|
10 793
-1%
|
11 476
+6%
|
11 660
+2%
|
12 738
+9%
|
14 780
+16%
|
15 618
+6%
|
15 359
-2%
|
15 820
+3%
|
16 299
+3%
|
17 088
+5%
|
17 946
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(700)
|
(753)
|
(824)
|
(1 000)
|
(1 201)
|
(1 193)
|
(1 189)
|
(1 301)
|
(1 491)
|
(1 526)
|
(1 457)
|
(1 576)
|
(1 717)
|
(1 828)
|
(1 935)
|
(2 072)
|
(2 175)
|
(2 269)
|
(2 631)
|
(3 986)
|
(4 072)
|
(4 532)
|
(5 830)
|
(6 786)
|
(7 634)
|
(8 235)
|
(8 014)
|
(8 642)
|
(8 681)
|
(9 819)
|
(11 337)
|
(11 823)
|
(11 966)
|
(12 305)
|
(12 873)
|
(13 979)
|
(15 496)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3 150)
|
0
|
(4 860)
|
0
|
(7 348)
|
0
|
(9 469)
|
0
|
(10 002)
|
0
|
(10 939)
|
0
|
(13 913)
|
0
|
(14 647)
|
0
|
(15 897)
|
0
|
(18 781)
|
|
Other Operating Expenses |
(700)
|
(754)
|
(826)
|
(1 001)
|
(1 202)
|
(1 193)
|
(1 188)
|
(1 301)
|
(1 491)
|
(1 525)
|
(1 457)
|
(1 578)
|
(1 718)
|
(1 828)
|
(1 935)
|
(2 072)
|
(2 175)
|
(2 268)
|
520
|
(3 986)
|
788
|
(4 534)
|
1 518
|
(6 786)
|
1 835
|
(8 235)
|
1 988
|
(8 642)
|
2 258
|
(9 819)
|
2 576
|
(11 823)
|
2 681
|
(12 305)
|
3 024
|
(13 979)
|
3 284
|
|
Operating Income |
499
N/A
|
547
+10%
|
603
+10%
|
691
+15%
|
775
+12%
|
873
+13%
|
972
+11%
|
1 081
+11%
|
1 078
0%
|
1 152
+7%
|
1 303
+13%
|
1 331
+2%
|
1 405
+6%
|
1 481
+5%
|
1 510
+2%
|
1 547
+2%
|
1 646
+6%
|
1 715
+4%
|
1 867
+9%
|
2 082
+12%
|
2 294
+10%
|
2 402
+5%
|
2 577
+7%
|
2 501
-3%
|
2 576
+3%
|
2 681
+4%
|
2 779
+4%
|
2 833
+2%
|
2 979
+5%
|
2 919
-2%
|
3 443
+18%
|
3 795
+10%
|
3 393
-11%
|
3 514
+4%
|
3 426
-3%
|
3 109
-9%
|
2 449
-21%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
7
|
16
|
17
|
20
|
25
|
26
|
15
|
5
|
5
|
4
|
(2)
|
0
|
4
|
9
|
10
|
12
|
13
|
(17)
|
(86)
|
(97)
|
(69)
|
(6)
|
36
|
(43)
|
(69)
|
(162)
|
(151)
|
(42)
|
(182)
|
(616)
|
(367)
|
(349)
|
(392)
|
(368)
|
(698)
|
(798)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
63
|
63
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(26)
|
0
|
(3)
|
0
|
(16)
|
0
|
(13)
|
0
|
(23)
|
0
|
(6)
|
0
|
(9)
|
0
|
(645)
|
|
Total Other Income |
1
|
1
|
(1)
|
0
|
0
|
1
|
1
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(7)
|
21
|
(240)
|
(295)
|
(107)
|
(9)
|
(64)
|
(28)
|
(137)
|
(269)
|
(142)
|
(218)
|
(107)
|
(220)
|
(20)
|
(6)
|
(7)
|
165
|
(27)
|
|
Pre-Tax Income |
500
N/A
|
555
+11%
|
618
+11%
|
707
+14%
|
795
+12%
|
899
+13%
|
999
+11%
|
1 159
+16%
|
1 147
-1%
|
1 158
+1%
|
1 307
+13%
|
1 329
+2%
|
1 405
+6%
|
1 485
+6%
|
1 519
+2%
|
1 557
+3%
|
1 658
+6%
|
1 729
+4%
|
1 844
+7%
|
2 016
+9%
|
1 958
-3%
|
2 038
+4%
|
2 439
+20%
|
2 528
+4%
|
2 465
-2%
|
2 584
+5%
|
2 464
-5%
|
2 413
-2%
|
2 782
+15%
|
2 519
-9%
|
2 696
+7%
|
3 207
+19%
|
3 017
-6%
|
3 116
+3%
|
3 042
-2%
|
2 576
-15%
|
979
-62%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||
Tax Provision |
(157)
|
(183)
|
(211)
|
(244)
|
(272)
|
(300)
|
(317)
|
(345)
|
(401)
|
(407)
|
(391)
|
(409)
|
(453)
|
(488)
|
(460)
|
(435)
|
(471)
|
(486)
|
(499)
|
(531)
|
(537)
|
(576)
|
(624)
|
(631)
|
(645)
|
(642)
|
(637)
|
(612)
|
(618)
|
(643)
|
(740)
|
(813)
|
(809)
|
(861)
|
(822)
|
(702)
|
(537)
|
|
Income from Continuing Operations |
342
|
371
|
407
|
463
|
523
|
599
|
682
|
814
|
745
|
750
|
916
|
920
|
952
|
997
|
1 059
|
1 123
|
1 188
|
1 243
|
1 345
|
1 486
|
1 421
|
1 462
|
1 815
|
1 898
|
1 821
|
1 942
|
1 827
|
1 801
|
2 163
|
1 876
|
1 956
|
2 394
|
2 209
|
2 256
|
2 220
|
1 875
|
443
|
|
Income to Minority Interest |
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
|
37
|
119
|
117
|
57
|
(12)
|
(68)
|
(70)
|
(41)
|
|
Net Income (Common) |
342
N/A
|
371
+8%
|
407
+10%
|
463
+14%
|
523
+13%
|
599
+15%
|
682
+14%
|
814
+19%
|
745
-8%
|
750
+1%
|
916
+22%
|
920
+0%
|
952
+3%
|
997
+5%
|
1 059
+6%
|
1 123
+6%
|
1 188
+6%
|
1 243
+5%
|
1 345
+8%
|
1 486
+10%
|
1 421
-4%
|
1 462
+3%
|
1 815
+24%
|
1 898
+5%
|
1 821
-4%
|
1 942
+7%
|
1 827
-6%
|
1 801
-1%
|
2 163
+20%
|
1 913
-12%
|
2 075
+8%
|
2 511
+21%
|
2 266
-10%
|
2 244
-1%
|
2 152
-4%
|
1 805
-16%
|
401
-78%
|
|
EPS (Diluted) |
1.98
N/A
|
2.1
+6%
|
2.32
+10%
|
2.64
+14%
|
2.99
+13%
|
3.42
+14%
|
3.91
+14%
|
4.67
+19%
|
4.26
-9%
|
4.18
-2%
|
5.03
+20%
|
5.04
+0%
|
5.22
+4%
|
5.38
+3%
|
5.71
+6%
|
6.06
+6%
|
6.43
+6%
|
6.74
+5%
|
7.27
+8%
|
8.58
+18%
|
7.56
-12%
|
8.45
+12%
|
9.99
+18%
|
9.83
-2%
|
9.39
-4%
|
10.03
+7%
|
9.42
-6%
|
9.28
-1%
|
11.19
+21%
|
9.91
-11%
|
10.75
+8%
|
13.01
+21%
|
11.74
-10%
|
12.24
+4%
|
11.17
-9%
|
9.37
-16%
|
2.09
-78%
|