Aferian PLC
LSE:AFRN
Income Statement
Earnings Waterfall
Aferian PLC
Revenue
|
70m
USD
|
Cost of Revenue
|
-34.4m
USD
|
Gross Profit
|
35.6m
USD
|
Operating Expenses
|
-52.3m
USD
|
Operating Income
|
-16.7m
USD
|
Other Expenses
|
-8m
USD
|
Net Income
|
-24.6m
USD
|
Income Statement
Aferian PLC
Nov-2007 | May-2008 | Nov-2008 | May-2009 | Nov-2009 | May-2010 | Nov-2010 | May-2011 | Nov-2011 | May-2012 | Nov-2012 | May-2013 | Nov-2013 | May-2014 | Nov-2014 | May-2015 | Nov-2015 | May-2016 | Nov-2016 | May-2017 | Nov-2017 | May-2018 | Nov-2018 | May-2019 | Nov-2019 | May-2020 | Nov-2020 | May-2021 | Nov-2021 | May-2022 | Nov-2022 | May-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||
Revenue |
65
N/A
|
67
+3%
|
60
-10%
|
50
-17%
|
39
-21%
|
49
+24%
|
68
+40%
|
80
+17%
|
83
+4%
|
75
-10%
|
66
-12%
|
65
-1%
|
56
-14%
|
52
-7%
|
60
+15%
|
60
+0%
|
64
+7%
|
84
+32%
|
103
+22%
|
105
+2%
|
96
-8%
|
87
-9%
|
89
+2%
|
82
-7%
|
77
-6%
|
81
+4%
|
83
+3%
|
90
+9%
|
93
+3%
|
92
-1%
|
91
-1%
|
70
-23%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||
Cost of Revenue |
(42)
|
(41)
|
(35)
|
(31)
|
(26)
|
(34)
|
(49)
|
(59)
|
(60)
|
(50)
|
(38)
|
(35)
|
(31)
|
(29)
|
(32)
|
(31)
|
(35)
|
(49)
|
(59)
|
(59)
|
(53)
|
(50)
|
(53)
|
(48)
|
(42)
|
(41)
|
(43)
|
(49)
|
(48)
|
(49)
|
(49)
|
(34)
|
|
Gross Profit |
23
N/A
|
26
+14%
|
25
-2%
|
19
-24%
|
13
-33%
|
15
+13%
|
20
+34%
|
21
+7%
|
23
+12%
|
25
+7%
|
28
+11%
|
31
+12%
|
25
-18%
|
23
-9%
|
28
+20%
|
29
+6%
|
29
-3%
|
36
+24%
|
44
+25%
|
45
+3%
|
43
-6%
|
38
-12%
|
37
-4%
|
35
-5%
|
36
+3%
|
39
+10%
|
40
+1%
|
41
+4%
|
45
+8%
|
44
-3%
|
42
-3%
|
36
-15%
|
|
Operating Income | |||||||||||||||||||||||||||||||||
Operating Expenses |
(21)
|
(22)
|
(23)
|
(24)
|
(27)
|
(22)
|
(21)
|
(21)
|
(21)
|
(21)
|
(23)
|
(24)
|
(20)
|
(18)
|
(21)
|
(21)
|
(22)
|
(36)
|
(34)
|
(32)
|
(32)
|
(32)
|
(30)
|
(28)
|
(30)
|
(35)
|
(34)
|
(34)
|
(38)
|
(40)
|
(39)
|
(52)
|
|
Selling, General & Administrative |
(15)
|
(15)
|
(16)
|
(16)
|
(17)
|
(13)
|
(13)
|
(13)
|
(10)
|
(10)
|
(10)
|
(11)
|
(10)
|
(9)
|
(9)
|
(9)
|
(10)
|
(18)
|
(18)
|
(17)
|
(16)
|
(16)
|
(15)
|
(8)
|
(13)
|
(7)
|
(13)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
|
Research & Development |
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(8)
|
(8)
|
(6)
|
(6)
|
(8)
|
(8)
|
(6)
|
(5)
|
(8)
|
(8)
|
(7)
|
(10)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
0
|
(9)
|
0
|
(11)
|
0
|
(5)
|
0
|
(6)
|
0
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(6)
|
(9)
|
(10)
|
(10)
|
(6)
|
(11)
|
(10)
|
(12)
|
(10)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(14)
|
0
|
(18)
|
(0)
|
(27)
|
(21)
|
(29)
|
(21)
|
(42)
|
|
Operating Income |
1
N/A
|
4
+175%
|
2
-37%
|
(5)
N/A
|
(14)
-193%
|
(8)
+42%
|
(1)
+84%
|
(1)
+56%
|
3
N/A
|
4
+38%
|
4
+23%
|
7
+51%
|
5
-25%
|
6
+8%
|
7
+23%
|
8
+16%
|
6
-19%
|
(1)
N/A
|
11
N/A
|
13
+25%
|
11
-16%
|
6
-49%
|
6
+12%
|
7
+13%
|
5
-26%
|
4
-17%
|
6
+28%
|
8
+35%
|
7
-11%
|
3
-51%
|
3
-20%
|
(17)
N/A
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
2
|
2
|
1
|
0
|
(2)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(0)
|
(1)
|
0
|
(0)
|
(1)
|
(1)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
0
|
1
|
1
|
(0)
|
(0)
|
1
|
(6)
|
(5)
|
(7)
|
(2)
|
2
|
1
|
1
|
3
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(19)
|
(7)
|
|
Total Other Income |
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 |
3
N/A
|
6
+102%
|
4
-30%
|
(3)
N/A
|
(14)
-314%
|
(10)
+28%
|
(1)
+86%
|
(1)
+58%
|
(1)
-75%
|
(0)
+99%
|
5
N/A
|
8
+83%
|
7
-21%
|
5
-17%
|
7
+22%
|
9
+37%
|
1
-95%
|
(6)
N/A
|
4
N/A
|
11
+175%
|
13
+24%
|
7
-49%
|
8
+13%
|
10
+31%
|
4
-65%
|
1
-59%
|
4
+210%
|
5
+23%
|
5
-12%
|
3
-48%
|
(17)
N/A
|
(25)
-46%
|
|
Net Income | |||||||||||||||||||||||||||||||||
Tax Provision |
2
|
2
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
2
|
2
|
0
|
(0)
|
(1)
|
(0)
|
(2)
|
(3)
|
1
|
1
|
(1)
|
0
|
|
Income from Continuing Operations |
5
|
8
|
4
|
(3)
|
(14)
|
(10)
|
(1)
|
0
|
(0)
|
1
|
5
|
8
|
7
|
5
|
7
|
9
|
1
|
(6)
|
4
|
10
|
15
|
9
|
8
|
10
|
3
|
1
|
3
|
3
|
5
|
3
|
(17)
|
(25)
|
|
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
|
|
Net Income (Common) |
5
N/A
|
8
+57%
|
4
-45%
|
(3)
N/A
|
(14)
-350%
|
(10)
+28%
|
(1)
+95%
|
0
N/A
|
(0)
N/A
|
1
N/A
|
5
+676%
|
8
+85%
|
7
-22%
|
5
-18%
|
7
+26%
|
9
+39%
|
1
-95%
|
(6)
N/A
|
4
N/A
|
10
+181%
|
15
+47%
|
9
-39%
|
8
-16%
|
10
+25%
|
3
-69%
|
1
-57%
|
3
+138%
|
3
+6%
|
6
+74%
|
3
-42%
|
(17)
N/A
|
(25)
-42%
|
|
EPS (Diluted) |
0.08
N/A
|
0.12
+50%
|
0.07
-42%
|
-0.06
N/A
|
-0.25
-317%
|
-0.18
+28%
|
-0.01
+94%
|
0.01
N/A
|
0
N/A
|
0.02
N/A
|
0.09
+350%
|
0.16
+78%
|
0.12
-25%
|
0.09
-25%
|
0.13
+44%
|
0.17
+31%
|
0.01
-94%
|
-0.09
N/A
|
0.05
N/A
|
0.14
+180%
|
0.21
+50%
|
0.12
-43%
|
0.11
-8%
|
0.13
+18%
|
0.04
-69%
|
0.02
-50%
|
0.04
+100%
|
0.04
N/A
|
0.07
+75%
|
0.04
-43%
|
-0.2
N/A
|
-0.28
-40%
|