Avation PLC
LSE:AVAP
Income Statement
Earnings Waterfall
Avation PLC
Revenue
|
90.3m
USD
|
Operating Expenses
|
-58.1m
USD
|
Operating Income
|
32.2m
USD
|
Other Expenses
|
-37.1m
USD
|
Net Income
|
-4.9m
USD
|
Income Statement
Avation PLC
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 | Mar-2020 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||
Revenue |
10
N/A
|
19
+89%
|
26
+36%
|
25
-4%
|
28
+11%
|
28
+2%
|
26
-8%
|
29
+12%
|
35
+21%
|
39
+12%
|
43
+9%
|
47
+10%
|
49
+3%
|
52
+6%
|
57
+10%
|
61
+7%
|
71
+17%
|
85
+19%
|
94
+11%
|
101
+8%
|
110
+8%
|
116
+6%
|
119
+3%
|
128
+8%
|
100
-22%
|
135
+36%
|
161
+19%
|
118
-27%
|
114
-3%
|
112
-2%
|
103
-8%
|
92
-11%
|
90
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(0)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gross Profit |
10
N/A
|
17
+78%
|
25
+40%
|
24
-3%
|
26
+9%
|
27
+4%
|
25
-9%
|
28
+12%
|
34
+23%
|
38
+14%
|
42
+9%
|
47
+11%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(4)
|
(4)
|
(10)
|
(15)
|
(15)
|
(15)
|
(12)
|
(13)
|
(18)
|
(18)
|
(15)
|
(18)
|
(18)
|
(20)
|
(24)
|
(25)
|
(31)
|
(34)
|
(40)
|
(39)
|
(44)
|
(50)
|
(52)
|
(58)
|
(45)
|
(60)
|
(84)
|
(86)
|
(72)
|
(53)
|
(49)
|
(58)
|
(58)
|
|
Selling, General & Administrative |
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(7)
|
(8)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(10)
|
(11)
|
(11)
|
(12)
|
(10)
|
(13)
|
(28)
|
(37)
|
(26)
|
(11)
|
(10)
|
(12)
|
(12)
|
|
Depreciation & Amortization |
(0)
|
0
|
0
|
(4)
|
0
|
(4)
|
(8)
|
(9)
|
(10)
|
(11)
|
(11)
|
(13)
|
(15)
|
(15)
|
(18)
|
(20)
|
(23)
|
(29)
|
(32)
|
(31)
|
(34)
|
(40)
|
(41)
|
(45)
|
(36)
|
(47)
|
(57)
|
(46)
|
(43)
|
(39)
|
(38)
|
(39)
|
(38)
|
|
Other Operating Expenses |
(2)
|
(2)
|
(8)
|
(10)
|
(14)
|
(9)
|
(2)
|
(2)
|
(4)
|
(3)
|
(0)
|
0
|
3
|
4
|
1
|
2
|
(0)
|
3
|
0
|
1
|
0
|
0
|
0
|
(1)
|
(0)
|
(1)
|
2
|
(2)
|
(4)
|
(2)
|
(1)
|
(7)
|
(8)
|
|
Operating Income |
6
N/A
|
14
+121%
|
15
+5%
|
9
-41%
|
11
+27%
|
12
+14%
|
13
+4%
|
15
+14%
|
16
+9%
|
20
+26%
|
27
+34%
|
29
+7%
|
30
+5%
|
32
+6%
|
33
+3%
|
36
+10%
|
40
+11%
|
51
+27%
|
54
+6%
|
62
+15%
|
65
+5%
|
66
+1%
|
67
+2%
|
70
+5%
|
54
-23%
|
75
+39%
|
77
+3%
|
31
-59%
|
42
+34%
|
59
+41%
|
54
-9%
|
34
-36%
|
32
-6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(3)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(5)
|
(8)
|
(10)
|
(12)
|
(15)
|
(16)
|
(17)
|
(18)
|
(22)
|
(24)
|
(33)
|
(37)
|
(36)
|
(39)
|
(47)
|
(51)
|
(16)
|
(0)
|
(27)
|
(82)
|
(58)
|
(57)
|
(14)
|
(2)
|
(28)
|
(35)
|
|
Non-Reccuring Items |
11
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
3
|
2
|
0
|
(0)
|
2
|
4
|
5
|
(4)
|
(7)
|
7
|
10
|
3
|
(7)
|
(32)
|
(85)
|
(94)
|
(60)
|
(9)
|
7
|
7
|
1
|
|
Total Other Income |
(0)
|
0
|
0
|
0
|
2
|
1
|
2
|
2
|
2
|
1
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
51
|
48
|
(14)
|
(14)
|
(1)
|
(1)
|
|
Pre-Tax Income |
16
N/A
|
11
-36%
|
8
-19%
|
3
-66%
|
6
+95%
|
7
+34%
|
9
+20%
|
10
+8%
|
8
-17%
|
10
+22%
|
15
+48%
|
16
+7%
|
17
+11%
|
16
-5%
|
16
-5%
|
14
-9%
|
18
+28%
|
21
+16%
|
21
+2%
|
20
-5%
|
19
-7%
|
26
+37%
|
26
-1%
|
57
+121%
|
47
-18%
|
15
-69%
|
(90)
N/A
|
(70)
+22%
|
(26)
+63%
|
23
N/A
|
45
+102%
|
13
-71%
|
(3)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
0
|
1
|
1
|
0
|
(6)
|
(8)
|
(5)
|
0
|
(15)
|
(13)
|
(5)
|
(4)
|
(1)
|
(2)
|
|
Income from Continuing Operations |
15
|
9
|
7
|
2
|
4
|
6
|
8
|
9
|
6
|
8
|
13
|
13
|
15
|
15
|
14
|
13
|
18
|
21
|
21
|
21
|
20
|
27
|
26
|
50
|
38
|
10
|
(90)
|
(85)
|
(39)
|
17
|
41
|
12
|
(5)
|
|
Income to Minority Interest |
(1)
|
(3)
|
(3)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
|
Net Income (Common) |
14
N/A
|
5
-62%
|
5
-17%
|
1
-69%
|
3
+85%
|
4
+45%
|
6
+53%
|
7
+14%
|
5
-24%
|
7
+37%
|
11
+62%
|
12
+5%
|
13
+15%
|
14
+3%
|
13
-5%
|
12
-10%
|
18
+55%
|
21
+14%
|
21
+2%
|
21
-3%
|
20
-3%
|
27
+35%
|
26
-4%
|
50
+95%
|
38
-24%
|
10
-75%
|
(90)
N/A
|
(85)
+5%
|
(39)
+54%
|
17
N/A
|
41
+140%
|
12
-70%
|
(5)
N/A
|
|
EPS (Diluted) |
0.55
N/A
|
0.21
-62%
|
0.13
-38%
|
0.04
-69%
|
0.09
+125%
|
0.14
+56%
|
0.16
+14%
|
0.18
+13%
|
0.12
-33%
|
0.16
+33%
|
0.25
+56%
|
0.25
N/A
|
0.29
+16%
|
0.25
-14%
|
0.23
-8%
|
0.21
-9%
|
0.34
+62%
|
0.35
+3%
|
0.36
+3%
|
0.34
-6%
|
0.32
-6%
|
0.42
+31%
|
0.4
-5%
|
0.78
+95%
|
0.61
-22%
|
0.15
-75%
|
-1.43
N/A
|
-1.31
+8%
|
-0.57
+56%
|
0.25
N/A
|
0.59
+136%
|
0.17
-71%
|
-0.07
N/A
|