Eduspec Holdings Bhd
KLSE:EDUSPEC
Income Statement
Earnings Waterfall
Eduspec Holdings Bhd
Income Statement
Eduspec Holdings Bhd
| Apr-2006 | Jul-2006 | Oct-2006 | Jan-2007 | Apr-2007 | Jul-2007 | Oct-2007 | Jan-2008 | Apr-2008 | Jul-2008 | Oct-2008 | Jan-2009 | Apr-2009 | Jul-2009 | Oct-2009 | Jan-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Feb-2021 | May-2021 | Aug-2021 | Nov-2021 | Feb-2022 | May-2022 | Aug-2022 | Nov-2022 | Feb-2023 | May-2023 | Aug-2023 | Nov-2023 | Feb-2024 | May-2024 | Aug-2024 | Nov-2024 | Feb-2025 | May-2025 | Aug-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
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
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
4
N/A
|
7
+80%
|
8
+15%
|
7
-4%
|
8
+8%
|
6
-32%
|
4
-20%
|
5
+13%
|
4
-14%
|
4
-17%
|
3
-5%
|
3
-23%
|
3
+5%
|
3
+12%
|
4
+20%
|
4
+5%
|
14
+254%
|
12
-15%
|
19
+66%
|
29
+49%
|
28
-2%
|
28
+0%
|
28
+1%
|
29
+1%
|
29
+2%
|
29
-2%
|
29
+1%
|
29
+1%
|
34
+17%
|
35
+2%
|
36
+3%
|
41
+14%
|
59
+42%
|
63
+7%
|
66
+5%
|
78
+17%
|
77
-1%
|
78
+1%
|
80
+2%
|
85
+6%
|
83
-2%
|
83
+0%
|
85
+2%
|
66
-23%
|
54
-18%
|
50
-7%
|
46
-8%
|
45
-3%
|
40
-11%
|
39
-1%
|
22
-44%
|
21
-4%
|
21
-1%
|
21
+1%
|
17
-18%
|
10
-42%
|
7
-27%
|
9
+25%
|
9
0%
|
9
-2%
|
9
+3%
|
9
-6%
|
9
+1%
|
9
+2%
|
9
-5%
|
9
+4%
|
9
-5%
|
10
+12%
|
11
+13%
|
22
+103%
|
23
+5%
|
33
+41%
|
44
+34%
|
42
-5%
|
49
+18%
|
49
-1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(7)
|
(6)
|
(4)
|
(4)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(7)
|
(7)
|
(10)
|
(13)
|
(17)
|
(17)
|
(17)
|
(18)
|
(18)
|
(18)
|
(19)
|
(18)
|
(22)
|
(23)
|
(23)
|
(26)
|
(34)
|
(36)
|
(38)
|
(42)
|
(37)
|
(38)
|
(38)
|
(41)
|
(46)
|
(45)
|
(49)
|
(40)
|
(36)
|
(35)
|
(31)
|
(30)
|
(18)
|
(16)
|
(8)
|
(7)
|
(7)
|
(12)
|
(11)
|
(9)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(7)
|
(6)
|
(6)
|
(5)
|
(5)
|
(7)
|
(16)
|
(16)
|
(23)
|
(32)
|
(32)
|
(39)
|
(40)
|
|
| Gross Profit |
(3)
N/A
|
1
N/A
|
3
+276%
|
4
+12%
|
6
+45%
|
3
-56%
|
1
-68%
|
1
-6%
|
(1)
N/A
|
(1)
-31%
|
(1)
+11%
|
(2)
-45%
|
(1)
+60%
|
(0)
+38%
|
1
N/A
|
2
+143%
|
6
+310%
|
4
-35%
|
9
+121%
|
16
+73%
|
11
-29%
|
11
0%
|
11
0%
|
11
-1%
|
11
-1%
|
11
-1%
|
11
0%
|
11
+5%
|
12
+12%
|
12
-1%
|
13
+7%
|
15
+17%
|
25
+65%
|
27
+9%
|
28
+4%
|
36
+26%
|
41
+14%
|
40
0%
|
42
+3%
|
44
+4%
|
38
-13%
|
38
+2%
|
37
-4%
|
26
-30%
|
18
-30%
|
15
-15%
|
15
0%
|
15
-3%
|
22
+48%
|
23
+5%
|
14
-41%
|
14
+4%
|
14
+0%
|
9
-39%
|
6
-25%
|
1
-85%
|
(1)
N/A
|
3
N/A
|
2
-8%
|
2
-6%
|
2
-1%
|
3
+15%
|
3
-5%
|
2
-8%
|
3
+9%
|
3
+25%
|
3
-4%
|
4
+40%
|
4
-3%
|
6
+55%
|
7
+8%
|
9
+35%
|
11
+22%
|
9
-20%
|
10
+12%
|
9
-17%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(7)
|
(6)
|
(4)
|
(5)
|
(10)
|
(14)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(17)
|
(19)
|
(23)
|
(26)
|
(28)
|
(28)
|
(29)
|
(29)
|
(30)
|
(31)
|
(29)
|
(31)
|
(30)
|
(29)
|
(63)
|
(61)
|
(68)
|
(67)
|
(18)
|
(14)
|
(13)
|
(61)
|
(64)
|
(65)
|
(62)
|
(24)
|
(24)
|
(22)
|
(23)
|
(15)
|
(13)
|
(8)
|
(2)
|
(3)
|
1
|
(2)
|
(7)
|
(16)
|
(19)
|
(30)
|
(32)
|
(11)
|
(31)
|
(21)
|
|
| Selling, General & Administrative |
(6)
|
(6)
|
(7)
|
(6)
|
0
|
(4)
|
(5)
|
(5)
|
0
|
(5)
|
(5)
|
(5)
|
0
|
(5)
|
(4)
|
(3)
|
(5)
|
(6)
|
(10)
|
(14)
|
(10)
|
(10)
|
(11)
|
(11)
|
(9)
|
(9)
|
(9)
|
(9)
|
(12)
|
(14)
|
(14)
|
(16)
|
(16)
|
(19)
|
(23)
|
(30)
|
(26)
|
(27)
|
(26)
|
(24)
|
(31)
|
(33)
|
(33)
|
(33)
|
(33)
|
(31)
|
(65)
|
(62)
|
(66)
|
(63)
|
(19)
|
(17)
|
(16)
|
(19)
|
(16)
|
(17)
|
(15)
|
(21)
|
(21)
|
(19)
|
(19)
|
(11)
|
(9)
|
(10)
|
(10)
|
(5)
|
(8)
|
(7)
|
(7)
|
(9)
|
(10)
|
(22)
|
(23)
|
(11)
|
(10)
|
1
|
|
| 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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
|
| Other Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(8)
|
(4)
|
(4)
|
(4)
|
(7)
|
(2)
|
(2)
|
(2)
|
(8)
|
(3)
|
(3)
|
(3)
|
1
|
1
|
1
|
0
|
0
|
0
|
1
|
2
|
(1)
|
(1)
|
(1)
|
(2)
|
1
|
1
|
2
|
2
|
(1)
|
1
|
(0)
|
3
|
(2)
|
(1)
|
(3)
|
(5)
|
0
|
3
|
5
|
3
|
3
|
2
|
1
|
1
|
(2)
|
(4)
|
2
|
3
|
3
|
(42)
|
(48)
|
(48)
|
(47)
|
1
|
(3)
|
(3)
|
(5)
|
(1)
|
(4)
|
1
|
8
|
4
|
9
|
5
|
(0)
|
(6)
|
(8)
|
(8)
|
(8)
|
(1)
|
(21)
|
(22)
|
|
| Operating Income |
(10)
N/A
|
(6)
+38%
|
(4)
+39%
|
(3)
+30%
|
(2)
+22%
|
(6)
-157%
|
(8)
-38%
|
(8)
+0%
|
(8)
+2%
|
(8)
-7%
|
(8)
+1%
|
(9)
-8%
|
(9)
-2%
|
(8)
+6%
|
(6)
+25%
|
(4)
+35%
|
2
N/A
|
(1)
N/A
|
(1)
+54%
|
1
N/A
|
1
-38%
|
1
-26%
|
1
+33%
|
1
+26%
|
1
-36%
|
1
-25%
|
(0)
N/A
|
(0)
-26%
|
1
N/A
|
0
-97%
|
0
+1 000%
|
2
+298%
|
8
+363%
|
8
+4%
|
6
-33%
|
9
+63%
|
13
+41%
|
12
-4%
|
13
+5%
|
14
+11%
|
7
-49%
|
8
+5%
|
8
+1%
|
(5)
N/A
|
(12)
-150%
|
(14)
-12%
|
(48)
-252%
|
(46)
+4%
|
(46)
+0%
|
(44)
+5%
|
(4)
+91%
|
0
N/A
|
1
+524%
|
(52)
N/A
|
(58)
-11%
|
(64)
-10%
|
(63)
+1%
|
(21)
+66%
|
(21)
0%
|
(20)
+8%
|
(21)
-7%
|
(12)
+42%
|
(11)
+12%
|
(6)
+44%
|
0
N/A
|
0
+71%
|
4
+914%
|
2
-39%
|
(3)
N/A
|
(9)
-208%
|
(12)
-30%
|
(21)
-76%
|
(20)
+2%
|
(2)
+88%
|
(20)
-777%
|
(12)
+40%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
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)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Non-Reccuring Items |
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
|
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
|
(20)
|
0
|
0
|
|
| Total Other Income |
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(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
|
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
|
|
| Pre-Tax Income |
(10)
N/A
|
(6)
+39%
|
(4)
+40%
|
(3)
+32%
|
(2)
+14%
|
(6)
-150%
|
(8)
-37%
|
(8)
+0%
|
(8)
+2%
|
(8)
-5%
|
(8)
+1%
|
(9)
-9%
|
(9)
-3%
|
(8)
+6%
|
(6)
+25%
|
(4)
+35%
|
2
N/A
|
(1)
N/A
|
(1)
+51%
|
1
N/A
|
1
-40%
|
1
-29%
|
1
+34%
|
1
+28%
|
1
-35%
|
1
-17%
|
(0)
N/A
|
(0)
-23%
|
1
N/A
|
(0)
N/A
|
0
N/A
|
2
+347%
|
8
+393%
|
8
+2%
|
5
-39%
|
9
+78%
|
12
+39%
|
12
-5%
|
12
+6%
|
13
+7%
|
6
-53%
|
6
+2%
|
6
0%
|
(6)
N/A
|
(14)
-125%
|
(15)
-7%
|
(50)
-230%
|
(49)
+2%
|
(48)
+1%
|
(46)
+3%
|
(6)
+88%
|
(1)
+77%
|
0
N/A
|
(54)
N/A
|
(60)
-12%
|
(67)
-11%
|
(66)
+1%
|
(23)
+65%
|
(23)
+3%
|
(21)
+9%
|
(22)
-7%
|
(13)
+40%
|
(12)
+10%
|
(7)
+39%
|
(1)
+86%
|
(1)
-19%
|
2
N/A
|
1
-65%
|
(4)
N/A
|
(10)
-127%
|
(12)
-23%
|
(21)
-73%
|
(20)
+3%
|
(23)
-10%
|
(21)
+9%
|
(12)
+40%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
1
|
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
|
| Income from Continuing Operations |
(10)
|
(6)
|
(4)
|
(2)
|
(3)
|
(6)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(8)
|
(6)
|
(4)
|
2
|
(2)
|
(1)
|
1
|
0
|
0
|
0
|
1
|
1
|
0
|
(0)
|
(0)
|
1
|
(0)
|
0
|
2
|
8
|
8
|
5
|
8
|
11
|
11
|
11
|
12
|
5
|
5
|
5
|
(7)
|
(15)
|
(16)
|
(51)
|
(49)
|
(48)
|
(47)
|
(6)
|
(1)
|
0
|
(54)
|
(61)
|
(67)
|
(67)
|
(23)
|
(23)
|
(21)
|
(22)
|
(13)
|
(12)
|
(7)
|
(1)
|
(1)
|
2
|
1
|
(4)
|
(10)
|
(12)
|
(21)
|
(21)
|
(23)
|
(21)
|
(12)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(0)
|
(1)
|
(0)
|
1
|
3
|
3
|
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
|
|
| Net Income (Common) |
(10)
N/A
|
(6)
+41%
|
(4)
+39%
|
(2)
+34%
|
(3)
-11%
|
(6)
-128%
|
(8)
-30%
|
(8)
+0%
|
(8)
+2%
|
(8)
-5%
|
(8)
+1%
|
(9)
-9%
|
(9)
-3%
|
(8)
+6%
|
(6)
+26%
|
(4)
+36%
|
1
N/A
|
(2)
N/A
|
(2)
+16%
|
(0)
+98%
|
0
N/A
|
(0)
N/A
|
0
N/A
|
1
+78%
|
1
-22%
|
0
-24%
|
(0)
N/A
|
(0)
-5%
|
1
N/A
|
(0)
N/A
|
0
N/A
|
2
+406%
|
6
+305%
|
7
+6%
|
4
-42%
|
7
+90%
|
10
+33%
|
9
-12%
|
10
+10%
|
11
+10%
|
5
-56%
|
4
-3%
|
5
+6%
|
(6)
N/A
|
(12)
-96%
|
(12)
-3%
|
(48)
-286%
|
(48)
+0%
|
(48)
0%
|
(47)
+3%
|
(6)
+88%
|
(1)
+77%
|
0
N/A
|
(54)
N/A
|
(61)
-12%
|
(67)
-11%
|
(67)
+1%
|
(23)
+65%
|
(22)
+5%
|
(20)
+10%
|
(22)
-7%
|
(13)
+40%
|
(12)
+9%
|
(7)
+41%
|
(1)
+90%
|
(1)
-17%
|
2
N/A
|
1
-65%
|
(4)
N/A
|
(10)
-130%
|
(12)
-22%
|
(21)
-72%
|
(21)
+3%
|
(33)
-60%
|
(31)
+6%
|
(23)
+27%
|
|
| EPS (Diluted) |
-0.08
N/A
|
-0.36
-350%
|
-0.22
+39%
|
-0.14
+36%
|
-0.02
+86%
|
-0.38
-1 800%
|
-0.49
-29%
|
-0.49
N/A
|
-0.05
+90%
|
-0.5
-900%
|
-0.49
+2%
|
-0.53
-8%
|
-0.05
+91%
|
-0.5
-900%
|
-0.37
+26%
|
-0.24
+35%
|
0
N/A
|
-0.07
N/A
|
-0.06
+14%
|
-0.01
+83%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
-0.01
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.03
N/A
|
0.01
-67%
|
0.09
+800%
|
0.05
-44%
|
0.09
+80%
|
0.02
-78%
|
0.1
+400%
|
0.11
+10%
|
0.12
+9%
|
0.01
-92%
|
0.04
+300%
|
0.05
+25%
|
-0.07
N/A
|
-0.03
+57%
|
-0.12
-300%
|
-0.48
-300%
|
-0.48
N/A
|
-0.48
N/A
|
-0.46
+4%
|
-0.05
+89%
|
-0.01
+80%
|
0
N/A
|
-0.09
N/A
|
-0.35
-289%
|
-0.26
+26%
|
-0.17
+35%
|
-0.06
+65%
|
-0.06
N/A
|
-0.05
+17%
|
-0.06
-20%
|
-0.03
+50%
|
-0.03
N/A
|
-0.02
+33%
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.02
-100%
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.01
+50%
|
|