Workforce Holdings Ltd
JSE:WKF
Income Statement
Earnings Waterfall
Workforce Holdings Ltd
Income Statement
Workforce Holdings Ltd
| 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 | Sep-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||
| Interest Expense |
15
|
0
|
0
|
8
|
15
|
14
|
12
|
11
|
11
|
0
|
12
|
0
|
16
|
9
|
18
|
17
|
17
|
0
|
30
|
0
|
22
|
0
|
0
|
0
|
30
|
0
|
19
|
0
|
0
|
23
|
0
|
37
|
0
|
48
|
0
|
|
| Revenue |
969
N/A
|
1 064
+10%
|
1 161
+9%
|
1 098
-5%
|
1 043
-5%
|
1 084
+4%
|
1 154
+6%
|
1 243
+8%
|
1 349
+8%
|
1 414
+5%
|
1 498
+6%
|
1 555
+4%
|
1 659
+7%
|
1 751
+6%
|
1 802
+3%
|
1 835
+2%
|
1 950
+6%
|
2 238
+15%
|
2 523
+13%
|
2 697
+7%
|
2 808
+4%
|
2 865
+2%
|
3 014
+5%
|
3 124
+4%
|
3 227
+3%
|
2 968
-8%
|
2 778
-6%
|
3 150
+13%
|
4 079
+30%
|
3 504
-14%
|
4 782
+36%
|
4 328
-10%
|
4 476
+3%
|
4 505
+1%
|
4 718
+5%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(746)
|
(819)
|
(895)
|
(841)
|
(796)
|
(825)
|
(875)
|
(947)
|
(1 040)
|
(1 100)
|
(1 174)
|
(1 218)
|
(1 324)
|
(1 398)
|
(1 403)
|
(1 420)
|
(1 495)
|
(1 703)
|
(1 924)
|
(2 074)
|
(2 172)
|
(2 207)
|
(2 321)
|
(2 418)
|
(2 525)
|
(2 321)
|
(2 133)
|
(2 445)
|
(3 152)
|
(2 709)
|
(3 692)
|
(3 405)
|
(3 546)
|
(3 635)
|
(3 847)
|
|
| Gross Profit |
224
N/A
|
245
+10%
|
266
+9%
|
256
-4%
|
247
-3%
|
259
+5%
|
279
+7%
|
296
+6%
|
309
+4%
|
314
+2%
|
325
+3%
|
337
+4%
|
335
-1%
|
353
+6%
|
399
+13%
|
414
+4%
|
455
+10%
|
535
+18%
|
599
+12%
|
623
+4%
|
635
+2%
|
657
+3%
|
694
+6%
|
706
+2%
|
702
-1%
|
646
-8%
|
645
0%
|
705
+9%
|
927
+31%
|
795
-14%
|
1 090
+37%
|
923
-15%
|
930
+1%
|
870
-6%
|
870
+0%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(175)
|
(202)
|
(229)
|
(220)
|
(218)
|
(231)
|
(250)
|
(266)
|
(276)
|
(284)
|
(290)
|
(293)
|
(314)
|
(321)
|
(329)
|
(345)
|
(361)
|
(417)
|
(479)
|
(506)
|
(530)
|
(551)
|
(565)
|
(579)
|
(572)
|
(554)
|
(620)
|
(609)
|
(805)
|
(693)
|
(948)
|
(793)
|
(834)
|
(910)
|
(879)
|
|
| Selling, General & Administrative |
0
|
(107)
|
0
|
(205)
|
(205)
|
(217)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(176)
|
0
|
0
|
0
|
0
|
(144)
|
0
|
|
| Depreciation & Amortization |
(5)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(13)
|
(15)
|
(17)
|
(22)
|
(26)
|
(34)
|
(40)
|
(43)
|
(41)
|
(42)
|
(48)
|
(51)
|
(49)
|
(56)
|
(52)
|
(49)
|
(48)
|
(47)
|
(41)
|
|
| Other Operating Expenses |
(170)
|
(89)
|
(223)
|
(9)
|
(6)
|
(6)
|
(243)
|
(259)
|
(268)
|
(276)
|
(281)
|
(284)
|
(305)
|
(311)
|
(319)
|
(334)
|
(348)
|
(402)
|
(461)
|
(484)
|
(504)
|
(517)
|
(525)
|
(536)
|
(531)
|
(512)
|
(572)
|
(559)
|
(581)
|
(637)
|
(895)
|
(744)
|
(786)
|
(718)
|
(837)
|
|
| Operating Income |
49
N/A
|
44
-10%
|
37
-15%
|
36
-2%
|
30
-18%
|
29
-2%
|
29
0%
|
30
+4%
|
33
+11%
|
30
-10%
|
34
+15%
|
44
+28%
|
21
-53%
|
33
+58%
|
69
+111%
|
69
0%
|
94
+35%
|
118
+26%
|
120
+2%
|
117
-3%
|
106
-10%
|
107
+1%
|
129
+21%
|
127
-1%
|
130
+2%
|
92
-29%
|
25
-72%
|
96
+277%
|
122
+27%
|
102
-16%
|
143
+40%
|
130
-9%
|
96
-26%
|
(40)
N/A
|
(8)
+80%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(6)
|
(14)
|
(23)
|
(20)
|
(14)
|
(13)
|
(11)
|
(9)
|
(8)
|
(5)
|
(12)
|
(11)
|
(16)
|
(15)
|
(18)
|
(17)
|
(17)
|
(23)
|
(29)
|
(27)
|
(20)
|
(22)
|
(27)
|
(29)
|
(31)
|
(27)
|
(18)
|
(16)
|
6
|
(22)
|
(25)
|
(32)
|
(40)
|
(40)
|
(36)
|
|
| Non-Reccuring Items |
0
|
(0)
|
0
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
0
|
(54)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| 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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
3
|
0
|
0
|
(2)
|
0
|
(1)
|
0
|
(1)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
3
|
0
|
(32)
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
43
N/A
|
30
-30%
|
14
-52%
|
15
+6%
|
15
-3%
|
16
+10%
|
18
+14%
|
21
+15%
|
26
+22%
|
25
-3%
|
25
-2%
|
33
+34%
|
8
-75%
|
18
+125%
|
51
+181%
|
53
+3%
|
77
+46%
|
95
+24%
|
91
-4%
|
90
-2%
|
86
-4%
|
85
-1%
|
105
+23%
|
101
-4%
|
99
-2%
|
11
-89%
|
8
-31%
|
79
+938%
|
0
N/A
|
80
N/A
|
85
+6%
|
99
+15%
|
56
-43%
|
(80)
N/A
|
(44)
+45%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||
| Tax Provision |
(9)
|
(6)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(3)
|
4
|
5
|
8
|
11
|
1
|
(5)
|
1
|
3
|
11
|
15
|
(2)
|
(2)
|
(1)
|
32
|
28
|
(2)
|
3
|
7
|
14
|
7
|
19
|
53
|
40
|
|
| Income from Continuing Operations |
34
|
24
|
12
|
13
|
12
|
13
|
16
|
19
|
24
|
24
|
24
|
30
|
12
|
23
|
60
|
64
|
77
|
90
|
92
|
93
|
97
|
100
|
103
|
99
|
98
|
43
|
35
|
77
|
111
|
87
|
129
|
106
|
74
|
(27)
|
(5)
|
|
| Income to Minority Interest |
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
1
|
2
|
1
|
1
|
2
|
(2)
|
(8)
|
(4)
|
(2)
|
4
|
2
|
8
|
(0)
|
2
|
(4)
|
0
|
|
| Net Income (Common) |
34
N/A
|
24
-29%
|
12
-50%
|
13
+7%
|
11
-10%
|
13
+10%
|
15
+22%
|
19
+22%
|
23
+26%
|
21
-12%
|
23
+13%
|
20
-14%
|
4
-82%
|
19
+434%
|
59
+217%
|
65
+10%
|
77
+18%
|
90
+17%
|
92
+2%
|
93
+2%
|
99
+6%
|
101
+2%
|
104
+3%
|
101
-3%
|
96
-5%
|
35
-64%
|
31
-11%
|
75
+142%
|
111
+47%
|
89
-20%
|
97
+9%
|
106
+9%
|
76
-28%
|
(31)
N/A
|
(4)
+86%
|
|
| EPS (Diluted) |
0.15
N/A
|
0.11
-27%
|
0.05
-55%
|
0.05
N/A
|
0.05
N/A
|
0.06
+20%
|
0.07
+17%
|
0.08
+14%
|
0.1
+25%
|
0.1
N/A
|
0.1
N/A
|
0.08
-20%
|
0.01
-88%
|
0.09
+800%
|
0.26
+189%
|
0.28
+8%
|
0.32
+14%
|
0.39
+22%
|
0.38
-3%
|
0.38
N/A
|
0.41
+8%
|
0.42
+2%
|
0.45
+7%
|
0.44
-2%
|
0.41
-7%
|
0.14
-66%
|
0.14
N/A
|
0.33
+136%
|
0.49
+48%
|
0.4
-18%
|
0.42
+5%
|
0.47
+12%
|
0.34
-28%
|
-0.14
N/A
|
-0.03
+79%
|
|