Elsoft Research Bhd
KLSE:ELSOFT
Income Statement
Earnings Waterfall
Elsoft Research Bhd
Revenue
|
16.1m
MYR
|
Cost of Revenue
|
-10.5m
MYR
|
Gross Profit
|
5.6m
MYR
|
Operating Expenses
|
1.9m
MYR
|
Operating Income
|
7.4m
MYR
|
Other Expenses
|
188k
MYR
|
Net Income
|
7.6m
MYR
|
Income Statement
Elsoft Research Bhd
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 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
25
N/A
|
23
-9%
|
27
+18%
|
39
+46%
|
45
+14%
|
51
+13%
|
41
-19%
|
43
+3%
|
50
+16%
|
50
0%
|
63
+26%
|
64
+2%
|
64
-1%
|
68
+7%
|
64
-6%
|
61
-5%
|
62
+1%
|
64
+3%
|
73
+15%
|
82
+12%
|
78
-5%
|
72
-8%
|
60
-16%
|
40
-33%
|
34
-17%
|
28
-17%
|
20
-29%
|
19
-1%
|
18
-7%
|
18
-2%
|
19
+6%
|
21
+12%
|
29
+38%
|
32
+10%
|
36
+12%
|
36
+1%
|
28
-22%
|
26
-9%
|
23
-11%
|
19
-18%
|
16
-14%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(13)
|
(12)
|
(14)
|
(21)
|
(24)
|
(27)
|
(23)
|
(25)
|
(27)
|
(26)
|
(31)
|
(30)
|
(29)
|
(32)
|
(30)
|
(29)
|
(29)
|
(28)
|
(33)
|
(35)
|
(32)
|
(31)
|
(26)
|
(19)
|
(17)
|
(15)
|
(11)
|
(12)
|
(12)
|
(11)
|
(12)
|
(13)
|
(16)
|
(18)
|
(19)
|
(20)
|
(17)
|
(16)
|
(14)
|
(12)
|
(11)
|
|
Gross Profit |
12
N/A
|
11
-11%
|
13
+26%
|
19
+41%
|
21
+14%
|
25
+15%
|
18
-26%
|
18
+0%
|
23
+24%
|
24
+6%
|
32
+32%
|
34
+8%
|
34
+1%
|
36
+4%
|
34
-4%
|
32
-6%
|
33
+1%
|
35
+7%
|
40
+15%
|
47
+17%
|
46
-2%
|
41
-10%
|
34
-18%
|
22
-36%
|
16
-25%
|
13
-21%
|
8
-35%
|
8
-10%
|
7
-12%
|
6
-3%
|
7
+5%
|
8
+24%
|
13
+59%
|
15
+11%
|
17
+14%
|
16
-2%
|
11
-34%
|
10
-9%
|
9
-13%
|
7
-20%
|
6
-19%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
5
|
4
|
(1)
|
0
|
(5)
|
(3)
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
1
|
(1)
|
(1)
|
(1)
|
(5)
|
(8)
|
(8)
|
(8)
|
(2)
|
(2)
|
(2)
|
(1)
|
35
|
33
|
33
|
33
|
2
|
|
Selling, General & Administrative |
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(5)
|
(5)
|
(4)
|
(7)
|
(8)
|
(9)
|
(7)
|
(8)
|
(8)
|
(8)
|
(7)
|
(6)
|
(6)
|
(7)
|
(6)
|
(6)
|
(6)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(8)
|
(8)
|
(8)
|
(9)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
|
Other Operating Expenses |
2
|
2
|
2
|
2
|
3
|
4
|
5
|
10
|
8
|
7
|
9
|
4
|
4
|
8
|
5
|
5
|
3
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
6
|
4
|
4
|
4
|
3
|
1
|
0
|
0
|
3
|
3
|
3
|
3
|
40
|
38
|
38
|
38
|
6
|
|
Operating Income |
10
N/A
|
9
-13%
|
12
+26%
|
17
+51%
|
20
+13%
|
24
+20%
|
18
-23%
|
23
+27%
|
26
+15%
|
23
-11%
|
32
+37%
|
29
-8%
|
31
+6%
|
35
+13%
|
32
-9%
|
29
-8%
|
29
-2%
|
31
+8%
|
36
+17%
|
42
+18%
|
41
-3%
|
37
-9%
|
30
-19%
|
19
-37%
|
17
-10%
|
12
-32%
|
8
-34%
|
7
-9%
|
1
-81%
|
(1)
N/A
|
(1)
+9%
|
0
N/A
|
11
+4 316%
|
13
+12%
|
15
+18%
|
15
+0%
|
46
+204%
|
43
-7%
|
41
-4%
|
40
-5%
|
7
-81%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
1
|
2
|
1
|
1
|
(0)
|
0
|
(0)
|
2
|
3
|
2
|
(0)
|
1
|
2
|
3
|
1
|
4
|
4
|
3
|
1
|
|
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
|
|
Pre-Tax Income |
11
N/A
|
10
-9%
|
13
+22%
|
19
+48%
|
21
+11%
|
24
+18%
|
19
-24%
|
24
+26%
|
26
+12%
|
23
-12%
|
32
+37%
|
29
-7%
|
31
+7%
|
35
+13%
|
32
-10%
|
29
-8%
|
28
-5%
|
30
+9%
|
36
+17%
|
42
+18%
|
40
-4%
|
37
-8%
|
31
-15%
|
21
-35%
|
18
-14%
|
13
-27%
|
8
-40%
|
7
-2%
|
1
-87%
|
1
+36%
|
2
+60%
|
2
+20%
|
11
+364%
|
14
+22%
|
17
+23%
|
18
+4%
|
47
+165%
|
47
-1%
|
45
-4%
|
43
-5%
|
8
-81%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(4)
|
(5)
|
(5)
|
(1)
|
|
Income from Continuing Operations |
11
|
10
|
11
|
17
|
20
|
24
|
19
|
24
|
26
|
23
|
31
|
29
|
31
|
35
|
32
|
29
|
27
|
30
|
35
|
41
|
40
|
37
|
31
|
20
|
17
|
12
|
7
|
7
|
1
|
1
|
2
|
2
|
11
|
13
|
17
|
17
|
43
|
43
|
40
|
38
|
8
|
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
11
N/A
|
10
-10%
|
11
+17%
|
17
+51%
|
20
+16%
|
24
+17%
|
19
-22%
|
24
+27%
|
26
+10%
|
23
-12%
|
31
+37%
|
29
-8%
|
31
+7%
|
35
+13%
|
32
-10%
|
29
-9%
|
27
-5%
|
30
+9%
|
35
+17%
|
41
+18%
|
40
-4%
|
37
-8%
|
31
-16%
|
20
-35%
|
17
-15%
|
12
-28%
|
7
-42%
|
7
N/A
|
1
-91%
|
1
+54%
|
2
+79%
|
2
+12%
|
11
+445%
|
13
+23%
|
17
+24%
|
17
+4%
|
43
+150%
|
43
-1%
|
40
-5%
|
38
-5%
|
8
-80%
|
|
EPS (Diluted) |
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.02
+100%
|
0.03
+50%
|
0.04
+33%
|
0.03
-25%
|
0.04
+33%
|
0.04
N/A
|
0.03
-25%
|
0.05
+67%
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.04
-20%
|
0.06
+50%
|
0.02
-67%
|
0.03
+50%
|
0.04
+33%
|
0.05
+25%
|
0.06
+20%
|
0.06
N/A
|
0.05
-17%
|
0.03
-40%
|
0.03
N/A
|
0.01
-67%
|
0
N/A
|
0
N/A
|
0
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
0.02
N/A
|
0.01
-50%
|
0.02
+100%
|
0.03
+50%
|
0.06
+100%
|
0.07
+17%
|
0.06
-14%
|
0.05
-17%
|
0.01
-80%
|