Hornby PLC
LSE:HRN
Income Statement
Earnings Waterfall
Hornby PLC
Revenue
|
56.5m
GBP
|
Cost of Revenue
|
-29.9m
GBP
|
Gross Profit
|
26.6m
GBP
|
Operating Expenses
|
-29.4m
GBP
|
Operating Income
|
-2.8m
GBP
|
Other Expenses
|
-5.5m
GBP
|
Net Income
|
-8.2m
GBP
|
Income Statement
Hornby PLC
Mar-2004 | Sep-2004 | Mar-2005 | Sep-2005 | Mar-2006 | Sep-2006 | Mar-2007 | Sep-2007 | Mar-2008 | Sep-2008 | Mar-2009 | Sep-2009 | Mar-2010 | Sep-2010 | Mar-2011 | Sep-2011 | Mar-2012 | Sep-2012 | Mar-2013 | Sep-2013 | Mar-2014 | Sep-2014 | Mar-2015 | Sep-2015 | Mar-2016 | Sep-2016 | Mar-2017 | Sep-2017 | Mar-2018 | Sep-2018 | Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
39
N/A
|
42
+8%
|
45
+7%
|
45
-1%
|
44
-1%
|
44
-1%
|
47
+8%
|
54
+14%
|
56
+4%
|
55
-1%
|
62
+11%
|
63
+2%
|
64
+2%
|
64
+1%
|
63
-1%
|
66
+4%
|
64
-3%
|
63
-2%
|
57
-9%
|
53
-8%
|
52
-3%
|
53
+3%
|
58
+9%
|
56
-3%
|
56
-1%
|
55
-1%
|
47
-14%
|
43
-10%
|
36
-16%
|
32
-9%
|
33
+1%
|
35
+6%
|
38
+9%
|
43
+14%
|
49
+13%
|
49
+1%
|
0
N/A
|
54
N/A
|
54
+1%
|
55
+1%
|
56
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(33)
|
(35)
|
(37)
|
(30)
|
(21)
|
(20)
|
(21)
|
(24)
|
(26)
|
(26)
|
(32)
|
(33)
|
(33)
|
(34)
|
(34)
|
(35)
|
(33)
|
(34)
|
(33)
|
(29)
|
(28)
|
(29)
|
(31)
|
(31)
|
(34)
|
(35)
|
(29)
|
(26)
|
(22)
|
(19)
|
(19)
|
(20)
|
(21)
|
(23)
|
(27)
|
(27)
|
(35)
|
(28)
|
(36)
|
(28)
|
(30)
|
|
Gross Profit |
6
N/A
|
7
+8%
|
8
+12%
|
14
+87%
|
23
+61%
|
23
0%
|
26
+14%
|
29
+11%
|
29
+1%
|
30
+1%
|
29
-1%
|
30
+1%
|
31
+5%
|
30
-3%
|
29
-3%
|
31
+7%
|
31
-1%
|
29
-7%
|
24
-15%
|
24
-4%
|
23
-1%
|
24
+3%
|
27
+13%
|
25
-8%
|
22
-13%
|
21
-6%
|
18
-12%
|
16
-10%
|
14
-16%
|
13
-6%
|
13
+3%
|
15
+8%
|
17
+15%
|
20
+20%
|
22
+8%
|
22
+1%
|
0
N/A
|
26
N/A
|
26
+2%
|
27
+2%
|
27
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
0
|
0
|
0
|
(7)
|
(15)
|
(15)
|
(16)
|
(18)
|
(20)
|
(21)
|
(23)
|
(24)
|
(25)
|
(25)
|
(24)
|
(26)
|
(26)
|
(26)
|
(27)
|
(27)
|
(24)
|
(27)
|
(24)
|
(29)
|
(36)
|
(33)
|
(25)
|
(24)
|
(21)
|
(19)
|
(18)
|
(19)
|
(20)
|
(20)
|
(21)
|
(22)
|
(29)
|
(25)
|
(34)
|
(28)
|
(29)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
(7)
|
(15)
|
(15)
|
(16)
|
(18)
|
(20)
|
(21)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
(25)
|
(25)
|
(25)
|
(25)
|
(24)
|
(24)
|
(24)
|
(26)
|
(28)
|
(31)
|
(29)
|
(21)
|
(23)
|
(18)
|
(19)
|
(15)
|
(18)
|
(18)
|
(20)
|
(21)
|
(22)
|
(29)
|
(24)
|
(34)
|
(27)
|
(29)
|
|
Research & Development |
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
|
(1)
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
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
|
(3)
|
0
|
(3)
|
0
|
(3)
|
0
|
(2)
|
0
|
(0)
|
0
|
1
|
(0)
|
0
|
(0)
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
2
|
0
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
0
|
(4)
|
2
|
(1)
|
(5)
|
(3)
|
0
|
(1)
|
(0)
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
|
Operating Income |
6
N/A
|
7
+8%
|
8
+12%
|
8
-1%
|
8
+8%
|
8
-2%
|
10
+24%
|
11
+9%
|
9
-14%
|
9
-8%
|
7
-21%
|
6
-15%
|
6
+3%
|
6
-4%
|
5
-15%
|
5
+10%
|
5
-12%
|
3
-34%
|
(3)
N/A
|
(3)
-21%
|
(1)
+71%
|
(3)
-243%
|
3
N/A
|
(4)
N/A
|
(14)
-290%
|
(12)
+15%
|
(7)
+45%
|
(7)
-9%
|
(7)
-4%
|
(6)
+18%
|
(5)
+25%
|
(4)
+12%
|
(3)
+23%
|
(0)
+99%
|
1
N/A
|
(0)
N/A
|
1
N/A
|
1
+136%
|
(0)
N/A
|
(1)
-169%
|
(3)
-329%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(2)
|
(1)
|
(2)
|
(1)
|
1
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
(2)
|
0
|
0
|
(1)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(4)
|
(4)
|
|
Total Other Income |
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(2)
|
(0)
|
2
|
1
|
1
|
1
|
1
|
1
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
6
N/A
|
7
+7%
|
8
+10%
|
7
-2%
|
8
+9%
|
7
-13%
|
8
+8%
|
9
+16%
|
9
+1%
|
8
-10%
|
6
-25%
|
5
-17%
|
5
+3%
|
5
-4%
|
4
-17%
|
5
+10%
|
4
-13%
|
2
-38%
|
(3)
N/A
|
(4)
-16%
|
(5)
-16%
|
(4)
+13%
|
(0)
+95%
|
(4)
-2 150%
|
(14)
-227%
|
(14)
-2%
|
(10)
+31%
|
(10)
-10%
|
(10)
+4%
|
(8)
+25%
|
(5)
+30%
|
(5)
+10%
|
(3)
+29%
|
(1)
+80%
|
0
N/A
|
(0)
N/A
|
0
N/A
|
1
N/A
|
(2)
N/A
|
(6)
-277%
|
(8)
-37%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
1
|
1
|
0
|
0
|
0
|
1
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
1
|
1
|
(0)
|
(0)
|
|
Income from Continuing Operations |
5
|
5
|
6
|
6
|
6
|
5
|
6
|
6
|
6
|
6
|
4
|
3
|
4
|
4
|
3
|
3
|
3
|
2
|
(3)
|
(3)
|
(4)
|
(4)
|
(0)
|
(3)
|
(14)
|
(15)
|
(10)
|
(11)
|
(10)
|
(7)
|
(5)
|
(5)
|
(3)
|
(1)
|
1
|
1
|
0
|
1
|
(1)
|
(6)
|
(8)
|
|
Net Income (Common) |
5
N/A
|
5
+6%
|
6
+17%
|
6
-1%
|
6
+5%
|
5
-15%
|
6
+10%
|
6
+10%
|
6
0%
|
6
-5%
|
4
-27%
|
3
-18%
|
4
+7%
|
4
-3%
|
3
-20%
|
3
+8%
|
3
+3%
|
2
-29%
|
(3)
N/A
|
(3)
-24%
|
(4)
-44%
|
(4)
+11%
|
(0)
+97%
|
(3)
-2 458%
|
(14)
-347%
|
(15)
-9%
|
(10)
+35%
|
(11)
-11%
|
(10)
+8%
|
(7)
+25%
|
(5)
+28%
|
(5)
+10%
|
(3)
+29%
|
(1)
+81%
|
1
N/A
|
1
-59%
|
0
N/A
|
1
N/A
|
(1)
N/A
|
(6)
-930%
|
(8)
-39%
|
|
EPS (Diluted) |
0.12
N/A
|
0.12
N/A
|
0.14
+17%
|
0.14
N/A
|
0.14
N/A
|
0.12
-14%
|
0.14
+17%
|
0.16
+14%
|
0.16
N/A
|
0.15
-6%
|
0.11
-27%
|
0.09
-18%
|
0.09
N/A
|
0.09
N/A
|
0.08
-11%
|
0.08
N/A
|
0.08
N/A
|
0.06
-25%
|
-0.06
N/A
|
-0.08
-33%
|
-0.11
-38%
|
-0.1
+9%
|
0
N/A
|
-0.05
N/A
|
-0.27
-440%
|
-0.21
+22%
|
-0.12
+43%
|
-0.13
-8%
|
-0.1
+23%
|
-0.06
+40%
|
-0.04
+33%
|
-0.04
N/A
|
-0.03
+25%
|
-0.01
+67%
|
0.01
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
-0.04
N/A
|
-0.05
-25%
|