Forterra PLC
LSE:FORT
Income Statement
Earnings Waterfall
Forterra PLC
Revenue
|
346.4m
GBP
|
Cost of Revenue
|
-245.7m
GBP
|
Gross Profit
|
100.7m
GBP
|
Operating Expenses
|
-76.6m
GBP
|
Operating Income
|
24.1m
GBP
|
Other Expenses
|
-11.3m
GBP
|
Net Income
|
12.8m
GBP
|
Income Statement
Forterra PLC
Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||
Revenue |
295
N/A
|
311
+6%
|
331
+6%
|
348
+5%
|
368
+6%
|
381
+4%
|
380
0%
|
309
-19%
|
292
-5%
|
350
+20%
|
370
+6%
|
413
+11%
|
456
+10%
|
416
-9%
|
346
-17%
|
|
Gross Profit | ||||||||||||||||
Cost of Revenue |
(171)
|
(184)
|
(197)
|
(213)
|
(230)
|
(242)
|
(244)
|
(235)
|
(226)
|
(227)
|
(241)
|
(264)
|
(293)
|
(280)
|
(246)
|
|
Gross Profit |
123
N/A
|
127
+3%
|
134
+5%
|
136
+1%
|
137
+1%
|
140
+2%
|
136
-2%
|
74
-46%
|
66
-11%
|
123
+87%
|
130
+5%
|
149
+15%
|
163
+9%
|
136
-16%
|
101
-26%
|
|
Operating Income | ||||||||||||||||
Operating Expenses |
(74)
|
(67)
|
(70)
|
(71)
|
(70)
|
(72)
|
(76)
|
(69)
|
(65)
|
(72)
|
(78)
|
(73)
|
(90)
|
(86)
|
(77)
|
|
Selling, General & Administrative |
(74)
|
(68)
|
(70)
|
(71)
|
(72)
|
(75)
|
(76)
|
(69)
|
(65)
|
(72)
|
(79)
|
(85)
|
(91)
|
(86)
|
(77)
|
|
Other Operating Expenses |
1
|
2
|
0
|
(0)
|
2
|
3
|
1
|
0
|
0
|
0
|
1
|
12
|
1
|
1
|
1
|
|
Operating Income |
50
N/A
|
61
+22%
|
64
+6%
|
64
+0%
|
67
+4%
|
68
+1%
|
61
-10%
|
5
-91%
|
1
-74%
|
52
+3 600%
|
52
+0%
|
76
+47%
|
72
-5%
|
51
-30%
|
24
-52%
|
|
Pre-Tax Income | ||||||||||||||||
Interest Income Expense |
(14)
|
(5)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(4)
|
(6)
|
|
Non-Reccuring Items |
2
|
0
|
(1)
|
(2)
|
0
|
0
|
0
|
(0)
|
(3)
|
(3)
|
8
|
0
|
3
|
0
|
0
|
|
Total Other Income |
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
|
Pre-Tax Income |
37
N/A
|
56
+50%
|
59
+7%
|
60
+2%
|
65
+8%
|
65
+1%
|
58
-11%
|
2
-96%
|
(5)
N/A
|
45
N/A
|
57
+26%
|
74
+30%
|
73
-1%
|
47
-36%
|
17
-63%
|
|
Net Income | ||||||||||||||||
Tax Provision |
(10)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(3)
|
(0)
|
(9)
|
(11)
|
(14)
|
(14)
|
(10)
|
(4)
|
|
Income from Continuing Operations |
28
|
44
|
48
|
48
|
53
|
54
|
47
|
(0)
|
(6)
|
36
|
46
|
60
|
59
|
37
|
13
|
|
Net Income (Common) |
28
N/A
|
44
+59%
|
48
+8%
|
48
+2%
|
53
+9%
|
54
+2%
|
47
-13%
|
(0)
N/A
|
(6)
-1 300%
|
36
N/A
|
46
+26%
|
60
+31%
|
59
-2%
|
37
-37%
|
13
-65%
|
|
EPS (Diluted) |
0.14
N/A
|
0.21
+50%
|
0.23
+10%
|
0.24
+4%
|
0.26
+8%
|
0.27
+4%
|
0.24
-11%
|
0
N/A
|
-0.03
N/A
|
0.16
N/A
|
0.2
+25%
|
0.26
+30%
|
0.27
+4%
|
0.18
-33%
|
0.06
-67%
|