Makus Inc
KOSDAQ:093520
Income Statement
Earnings Waterfall
Makus Inc
Income Statement
Makus Inc
| Dec-2007 | 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 | 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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
178
|
0
|
0
|
42
|
262
|
0
|
149
|
146
|
171
|
150
|
167
|
232
|
258
|
303
|
395
|
334
|
259
|
230
|
137
|
175
|
259
|
325
|
321
|
315
|
275
|
253
|
274
|
281
|
325
|
277
|
255
|
228
|
171
|
183
|
163
|
145
|
159
|
204
|
206
|
170
|
164
|
83
|
51
|
0
|
56
|
31
|
66
|
282
|
927
|
1 412
|
1 790
|
1 912
|
1 608
|
1 445
|
0
|
0
|
|
| Revenue |
23 418
N/A
|
13 834
-41%
|
27 583
+99%
|
38 769
+41%
|
50 142
+29%
|
49 561
-1%
|
51 808
+5%
|
60 608
+17%
|
64 630
+7%
|
65 261
+1%
|
66 446
+2%
|
61 923
-7%
|
63 536
+3%
|
72 882
+15%
|
73 233
+0%
|
71 317
-3%
|
73 526
+3%
|
63 057
-14%
|
62 522
-1%
|
66 086
+6%
|
67 725
+2%
|
80 493
+19%
|
84 448
+5%
|
85 257
+1%
|
87 365
+2%
|
88 325
+1%
|
95 725
+8%
|
96 258
+1%
|
89 615
-7%
|
75 844
-15%
|
62 801
-17%
|
60 818
-3%
|
57 482
-5%
|
64 013
+11%
|
74 215
+16%
|
79 396
+7%
|
86 913
+9%
|
102 691
+18%
|
109 650
+7%
|
119 470
+9%
|
140 727
+18%
|
149 786
+6%
|
167 652
+12%
|
186 745
+11%
|
193 763
+4%
|
211 764
+9%
|
207 933
-2%
|
190 281
-8%
|
175 414
-8%
|
152 351
-13%
|
147 514
-3%
|
156 521
+6%
|
199 579
+28%
|
226 792
+14%
|
250 809
+11%
|
258 216
+3%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(17 652)
|
(10 537)
|
(21 571)
|
(30 078)
|
(39 229)
|
(39 227)
|
(41 073)
|
(48 675)
|
(51 875)
|
(51 925)
|
(52 205)
|
(47 976)
|
(48 859)
|
(56 876)
|
(57 904)
|
(56 842)
|
(58 958)
|
(50 625)
|
(50 267)
|
(53 318)
|
(55 431)
|
(65 545)
|
(68 371)
|
(68 506)
|
(67 551)
|
(67 505)
|
(72 610)
|
(72 874)
|
(66 629)
|
(56 183)
|
(45 984)
|
(44 295)
|
(44 122)
|
(49 303)
|
(58 626)
|
(62 996)
|
(68 805)
|
(81 060)
|
(85 506)
|
(92 288)
|
(101 722)
|
(106 914)
|
(120 878)
|
(135 150)
|
(147 542)
|
(161 844)
|
(159 477)
|
(146 513)
|
(136 014)
|
(118 691)
|
(114 428)
|
(122 272)
|
(157 678)
|
(178 927)
|
(197 411)
|
(206 569)
|
|
| Gross Profit |
5 767
N/A
|
3 297
-43%
|
6 013
+82%
|
8 692
+45%
|
10 913
+26%
|
10 334
-5%
|
10 734
+4%
|
11 933
+11%
|
12 755
+7%
|
13 338
+5%
|
14 243
+7%
|
13 948
-2%
|
14 677
+5%
|
16 006
+9%
|
15 328
-4%
|
14 474
-6%
|
14 569
+1%
|
12 431
-15%
|
12 255
-1%
|
12 768
+4%
|
12 294
-4%
|
14 948
+22%
|
16 077
+8%
|
16 751
+4%
|
19 814
+18%
|
20 820
+5%
|
23 115
+11%
|
23 384
+1%
|
22 985
-2%
|
19 661
-14%
|
16 817
-14%
|
16 523
-2%
|
13 361
-19%
|
14 709
+10%
|
15 588
+6%
|
16 399
+5%
|
18 108
+10%
|
21 631
+19%
|
24 143
+12%
|
27 183
+13%
|
39 005
+43%
|
42 872
+10%
|
46 774
+9%
|
51 594
+10%
|
46 222
-10%
|
49 920
+8%
|
48 456
-3%
|
43 768
-10%
|
39 401
-10%
|
33 660
-15%
|
33 085
-2%
|
34 248
+4%
|
41 902
+22%
|
47 865
+14%
|
53 399
+12%
|
51 647
-3%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(2 860)
|
(1 814)
|
(3 448)
|
(5 084)
|
(6 714)
|
(6 648)
|
(6 754)
|
(6 769)
|
(6 870)
|
(6 905)
|
(7 055)
|
(7 210)
|
(7 465)
|
(7 688)
|
(7 932)
|
(7 696)
|
(7 837)
|
(7 764)
|
(8 332)
|
(8 471)
|
(8 805)
|
(8 834)
|
(8 317)
|
(8 383)
|
(8 827)
|
(8 345)
|
(8 319)
|
(8 165)
|
(10 038)
|
(10 101)
|
(10 050)
|
(10 343)
|
(7 411)
|
(8 110)
|
(8 036)
|
(8 086)
|
(8 646)
|
(9 191)
|
(9 862)
|
(9 956)
|
(12 986)
|
(12 787)
|
(14 547)
|
(15 585)
|
(14 770)
|
(15 925)
|
(14 441)
|
(15 242)
|
(13 051)
|
(13 283)
|
(13 917)
|
(13 488)
|
(15 014)
|
(16 939)
|
(18 615)
|
(18 596)
|
|
| Selling, General & Administrative |
(2 829)
|
(1 814)
|
(3 449)
|
(4 893)
|
(6 016)
|
(6 292)
|
(6 238)
|
(6 302)
|
(6 340)
|
(6 370)
|
(6 558)
|
(6 684)
|
(6 824)
|
(7 035)
|
(7 258)
|
(7 007)
|
(7 190)
|
(7 176)
|
(7 745)
|
(7 919)
|
(8 251)
|
(8 263)
|
(7 636)
|
(7 717)
|
(8 137)
|
(7 672)
|
(7 757)
|
(7 492)
|
(9 320)
|
(9 408)
|
(9 259)
|
(9 594)
|
(6 601)
|
(7 268)
|
(7 237)
|
(7 230)
|
(7 763)
|
(8 046)
|
(8 730)
|
(8 786)
|
(12 106)
|
(11 909)
|
(13 666)
|
(14 990)
|
(13 737)
|
(15 730)
|
(14 119)
|
(14 561)
|
(12 009)
|
(12 236)
|
(12 868)
|
(12 612)
|
(14 160)
|
(16 107)
|
(17 804)
|
(17 619)
|
|
| Research & Development |
0
|
0
|
0
|
(170)
|
(610)
|
0
|
(454)
|
(405)
|
(444)
|
(437)
|
(393)
|
(417)
|
(489)
|
(492)
|
(498)
|
(501)
|
(491)
|
(435)
|
(431)
|
(389)
|
(400)
|
(426)
|
(555)
|
(562)
|
(559)
|
(566)
|
(455)
|
(564)
|
(586)
|
(589)
|
(597)
|
(517)
|
(523)
|
(533)
|
(542)
|
(603)
|
(614)
|
(604)
|
(596)
|
(636)
|
(624)
|
(631)
|
(634)
|
0
|
(740)
|
(137)
|
(144)
|
(412)
|
(682)
|
(686)
|
(690)
|
(519)
|
(497)
|
(472)
|
(451)
|
(614)
|
|
| Depreciation & Amortization |
(32)
|
0
|
0
|
(22)
|
(87)
|
0
|
(62)
|
(62)
|
(87)
|
(97)
|
(103)
|
(108)
|
(151)
|
(162)
|
(177)
|
(189)
|
(157)
|
(154)
|
(157)
|
(163)
|
(153)
|
(145)
|
(127)
|
(106)
|
(132)
|
(109)
|
(107)
|
(110)
|
(131)
|
(103)
|
(194)
|
(231)
|
(287)
|
(309)
|
(257)
|
(253)
|
(269)
|
(243)
|
(239)
|
(236)
|
(257)
|
(269)
|
(268)
|
0
|
(293)
|
(58)
|
(92)
|
(182)
|
(360)
|
(360)
|
(359)
|
(357)
|
(357)
|
(359)
|
(361)
|
(363)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(356)
|
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
|
(298)
|
(298)
|
(298)
|
0
|
21
|
21
|
(595)
|
0
|
0
|
(87)
|
(87)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
2 906
N/A
|
1 483
-49%
|
2 564
+73%
|
3 607
+41%
|
4 200
+16%
|
3 686
-12%
|
3 981
+8%
|
5 164
+30%
|
5 885
+14%
|
6 432
+9%
|
7 187
+12%
|
6 738
-6%
|
7 212
+7%
|
8 318
+15%
|
7 397
-11%
|
6 779
-8%
|
6 731
-1%
|
4 667
-31%
|
3 922
-16%
|
4 297
+10%
|
3 490
-19%
|
6 114
+75%
|
7 759
+27%
|
8 366
+8%
|
10 986
+31%
|
12 474
+14%
|
14 796
+19%
|
15 219
+3%
|
12 948
-15%
|
9 560
-26%
|
6 767
-29%
|
6 180
-9%
|
5 949
-4%
|
6 598
+11%
|
7 551
+14%
|
8 312
+10%
|
9 462
+14%
|
12 441
+31%
|
14 282
+15%
|
17 228
+21%
|
26 019
+51%
|
30 085
+16%
|
32 227
+7%
|
36 010
+12%
|
31 452
-13%
|
33 996
+8%
|
34 015
+0%
|
28 526
-16%
|
26 350
-8%
|
20 377
-23%
|
19 168
-6%
|
20 761
+8%
|
26 888
+30%
|
30 927
+15%
|
34 783
+12%
|
33 052
-5%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
163
|
(97)
|
(137)
|
135
|
994
|
496
|
260
|
1 245
|
592
|
964
|
2 509
|
273
|
(903)
|
(677)
|
(1 756)
|
(1 305)
|
(556)
|
(116)
|
(555)
|
352
|
(755)
|
(789)
|
(863)
|
(1 394)
|
322
|
132
|
(12)
|
233
|
(1 038)
|
(841)
|
(353)
|
(421)
|
269
|
(90)
|
741
|
361
|
1 177
|
2 621
|
10 304
|
4 170
|
4 853
|
3 216
|
(7 038)
|
(1 856)
|
(2 678)
|
(2 299)
|
365
|
937
|
(791)
|
(991)
|
(2 155)
|
(2 124)
|
(1 471)
|
(1 296)
|
(481)
|
(69)
|
|
| 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
|
(297)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
1
|
1
|
(3)
|
265
|
266
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
9
|
10
|
0
|
2
|
(5)
|
(6)
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
0
|
0
|
0
|
0
|
(30)
|
(27)
|
0
|
(14)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
|
| Total Other Income |
(1)
|
399
|
476
|
482
|
50
|
(152)
|
(361)
|
(356)
|
(98)
|
(185)
|
(52)
|
(62)
|
(74)
|
99
|
(186)
|
(455)
|
7
|
(188)
|
105
|
105
|
94
|
16
|
11
|
22
|
16
|
10
|
(20)
|
12
|
37
|
31
|
(245)
|
(87)
|
(23)
|
14
|
163
|
135
|
1
|
(729)
|
(12)
|
(827)
|
34
|
762
|
203
|
833
|
7
|
(22)
|
(7)
|
(22)
|
0
|
127
|
116
|
136
|
146
|
127
|
128
|
145
|
|
| Pre-Tax Income |
3 068
N/A
|
1 785
-42%
|
2 904
+63%
|
4 225
+45%
|
5 243
+24%
|
4 029
-23%
|
3 878
-4%
|
6 051
+56%
|
6 380
+5%
|
7 211
+13%
|
9 640
+34%
|
7 212
-25%
|
6 501
-10%
|
7 740
+19%
|
5 455
-30%
|
5 020
-8%
|
6 183
+23%
|
4 364
-29%
|
3 473
-20%
|
4 754
+37%
|
2 835
-40%
|
5 350
+89%
|
6 917
+29%
|
6 994
+1%
|
11 326
+62%
|
12 612
+11%
|
14 759
+17%
|
15 464
+5%
|
11 942
-23%
|
8 750
-27%
|
6 168
-30%
|
5 670
-8%
|
6 195
+9%
|
6 521
+5%
|
8 455
+30%
|
8 811
+4%
|
10 345
+17%
|
14 333
+39%
|
24 574
+71%
|
20 571
-16%
|
30 906
+50%
|
34 032
+10%
|
25 364
-25%
|
34 987
+38%
|
28 767
-18%
|
31 674
+10%
|
34 373
+9%
|
29 441
-14%
|
25 560
-13%
|
19 512
-24%
|
17 130
-12%
|
18 773
+10%
|
25 564
+36%
|
29 757
+16%
|
34 429
+16%
|
33 128
-4%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(751)
|
(366)
|
(596)
|
(848)
|
(1 037)
|
(743)
|
(1 289)
|
(1 741)
|
(1 874)
|
(2 078)
|
(2 053)
|
(1 565)
|
(1 399)
|
(1 676)
|
(1 199)
|
(1 185)
|
(1 416)
|
(1 050)
|
(955)
|
(1 242)
|
(1 270)
|
(1 556)
|
(1 563)
|
(2 169)
|
(2 259)
|
(2 729)
|
(3 250)
|
(2 873)
|
(2 635)
|
(1 930)
|
(1 616)
|
(1 451)
|
(1 393)
|
(1 548)
|
(1 930)
|
(1 942)
|
(2 260)
|
(3 006)
|
(4 957)
|
(3 979)
|
(5 896)
|
(7 076)
|
(5 101)
|
(7 211)
|
(6 531)
|
(6 721)
|
(7 692)
|
(6 691)
|
(5 209)
|
(3 863)
|
(3 147)
|
(3 719)
|
(5 324)
|
(6 404)
|
(7 569)
|
(6 963)
|
|
| Income from Continuing Operations |
2 318
|
1 420
|
2 309
|
3 378
|
4 206
|
3 287
|
2 590
|
4 312
|
4 506
|
5 135
|
7 589
|
5 648
|
5 102
|
6 065
|
4 257
|
3 836
|
4 767
|
3 314
|
2 518
|
3 512
|
1 566
|
3 792
|
5 352
|
4 823
|
9 067
|
9 883
|
11 509
|
12 591
|
9 307
|
6 820
|
4 552
|
4 219
|
4 802
|
4 972
|
6 524
|
6 868
|
8 086
|
11 327
|
19 618
|
16 592
|
25 010
|
26 956
|
20 263
|
27 776
|
22 236
|
24 953
|
26 681
|
22 750
|
20 351
|
15 649
|
13 982
|
15 054
|
20 240
|
23 353
|
26 860
|
26 165
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
108
|
133
|
189
|
217
|
88
|
113
|
62
|
(8)
|
7
|
(31)
|
(82)
|
(24)
|
(18)
|
(38)
|
(43)
|
(53)
|
(119)
|
(93)
|
(47)
|
(88)
|
(45)
|
(99)
|
(129)
|
(114)
|
(103)
|
(58)
|
(39)
|
(37)
|
(108)
|
(113)
|
(144)
|
(168)
|
(198)
|
(228)
|
(174)
|
(134)
|
|
| Net Income (Common) |
2 318
N/A
|
1 420
-39%
|
2 309
+63%
|
3 378
+46%
|
4 206
+25%
|
3 287
-22%
|
2 590
-21%
|
4 312
+66%
|
4 506
+4%
|
5 135
+14%
|
7 589
+48%
|
5 648
-26%
|
5 102
-10%
|
6 065
+19%
|
4 257
-30%
|
3 836
-10%
|
4 767
+24%
|
3 314
-30%
|
2 518
-24%
|
3 512
+39%
|
1 674
-52%
|
3 925
+134%
|
5 541
+41%
|
5 039
-9%
|
9 156
+82%
|
9 995
+9%
|
11 453
+15%
|
12 583
+10%
|
9 314
-26%
|
6 790
-27%
|
4 588
-32%
|
4 196
-9%
|
4 784
+14%
|
4 935
+3%
|
6 482
+31%
|
6 816
+5%
|
7 966
+17%
|
11 233
+41%
|
19 571
+74%
|
16 505
-16%
|
24 965
+51%
|
26 857
+8%
|
20 135
-25%
|
27 662
+37%
|
22 133
-20%
|
24 895
+12%
|
26 642
+7%
|
22 713
-15%
|
20 243
-11%
|
15 536
-23%
|
13 838
-11%
|
14 886
+8%
|
20 042
+35%
|
23 125
+15%
|
26 686
+15%
|
26 031
-2%
|
|
| EPS (Diluted) |
193.16
N/A
|
88.75
-54%
|
144.31
+63%
|
211.12
+46%
|
262.87
+25%
|
205.43
-22%
|
161.87
-21%
|
269.5
+66%
|
281.62
+4%
|
320.93
+14%
|
505.93
+58%
|
376.53
-26%
|
340.13
-10%
|
404.33
+19%
|
283.8
-30%
|
274
-3%
|
317.8
+16%
|
236.71
-26%
|
179.85
-24%
|
250.85
+39%
|
119.57
-52%
|
280.35
+134%
|
395.78
+41%
|
359.92
-9%
|
654
+82%
|
713.92
+9%
|
881
+23%
|
967.92
+10%
|
665.28
-31%
|
522.3
-21%
|
352.92
-32%
|
322.76
-9%
|
368
+14%
|
379.61
+3%
|
540.16
+42%
|
568
+5%
|
663.83
+17%
|
933.91
+41%
|
1 627.49
+74%
|
1 372.17
-16%
|
2 075.53
+51%
|
2 232.83
+8%
|
1 673.96
-25%
|
2 299.78
+37%
|
1 854.21
-19%
|
2 249.23
+21%
|
2 443.53
+9%
|
2 113.27
-14%
|
1 878.31
-11%
|
1 509.79
-20%
|
1 344.82
-11%
|
1 446.61
+8%
|
1 983.08
+37%
|
2 495.69
+26%
|
3 041.11
+22%
|
2 995.45
-2%
|
|