IQE PLC
LSE:IQE
Income Statement
Earnings Waterfall
IQE PLC
Revenue
|
115.3m
GBP
|
Cost of Revenue
|
-113m
GBP
|
Gross Profit
|
2.3m
GBP
|
Operating Expenses
|
-30.7m
GBP
|
Operating Income
|
-28.4m
GBP
|
Other Expenses
|
-1m
GBP
|
Net Income
|
-29.4m
GBP
|
Income Statement
IQE PLC
Dec-2000 | Mar-2001 | Jun-2001 | Sep-2001 | Dec-2001 | Mar-2002 | Jun-2002 | Sep-2002 | Dec-2002 | Mar-2003 | Jun-2003 | 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 |
30
N/A
|
37
+22%
|
43
+17%
|
45
+4%
|
42
-6%
|
35
-17%
|
28
-20%
|
25
-9%
|
23
-9%
|
22
-3%
|
21
-6%
|
71
+236%
|
155
+119%
|
157
+2%
|
156
-1%
|
150
-4%
|
140
-6%
|
163
+17%
|
178
+9%
|
168
-6%
|
154
-8%
|
161
+4%
|
167
+4%
|
133
-20%
|
115
-14%
|
|
Gross Profit | ||||||||||||||||||||||||||
Cost of Revenue |
(20)
|
(24)
|
(29)
|
(31)
|
(32)
|
(31)
|
(42)
|
(43)
|
(91)
|
(90)
|
(75)
|
(55)
|
(116)
|
(118)
|
(119)
|
(118)
|
(119)
|
(133)
|
(145)
|
(142)
|
(136)
|
(141)
|
(141)
|
(126)
|
(113)
|
|
Gross Profit |
10
N/A
|
13
+23%
|
14
+14%
|
13
-7%
|
10
-28%
|
4
-58%
|
(14)
N/A
|
(17)
-25%
|
(68)
-289%
|
(67)
+0%
|
(54)
+20%
|
16
N/A
|
39
+144%
|
39
+1%
|
37
-4%
|
32
-15%
|
21
-33%
|
30
+41%
|
33
+10%
|
26
-22%
|
18
-32%
|
20
+12%
|
26
+33%
|
8
-70%
|
2
-71%
|
|
Operating Income | ||||||||||||||||||||||||||
Operating Expenses |
(8)
|
(10)
|
(12)
|
(14)
|
(15)
|
(16)
|
(50)
|
(50)
|
(47)
|
(45)
|
(10)
|
(9)
|
(22)
|
(22)
|
(21)
|
(23)
|
(30)
|
(40)
|
(34)
|
(24)
|
(37)
|
(38)
|
(29)
|
(29)
|
(31)
|
|
Selling, General & Administrative |
(6)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(11)
|
(11)
|
(10)
|
(9)
|
(7)
|
(9)
|
(20)
|
(21)
|
(20)
|
(23)
|
(29)
|
(40)
|
(26)
|
(24)
|
(29)
|
(38)
|
(22)
|
(29)
|
(31)
|
|
Research & Development |
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(35)
|
(35)
|
(34)
|
(34)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(8)
|
0
|
(8)
|
0
|
(8)
|
0
|
0
|
|
Operating Income |
2
N/A
|
2
+21%
|
3
+21%
|
(0)
N/A
|
(5)
-1 459%
|
(12)
-117%
|
(64)
-457%
|
(67)
-4%
|
(115)
-72%
|
(113)
+2%
|
(64)
+43%
|
7
N/A
|
17
+164%
|
17
-4%
|
17
+0%
|
8
-49%
|
(8)
N/A
|
(10)
-23%
|
(1)
+92%
|
2
N/A
|
(19)
N/A
|
(18)
+3%
|
(3)
+84%
|
(21)
-601%
|
(28)
-36%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||
Interest Income Expense |
1
|
2
|
2
|
1
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(1)
|
(2)
|
(3)
|
(5)
|
(6)
|
3
|
3
|
(1)
|
(3)
|
(3)
|
(2)
|
(3)
|
|
Non-Reccuring Items |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(0)
|
(0)
|
1
|
(8)
|
(9)
|
(10)
|
(10)
|
(5)
|
(4)
|
(1)
|
(6)
|
(70)
|
(66)
|
3
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
3
N/A
|
4
+25%
|
4
+6%
|
0
-96%
|
(6)
N/A
|
(13)
-117%
|
(66)
-417%
|
(70)
-7%
|
(118)
-69%
|
(116)
+2%
|
(67)
+42%
|
6
N/A
|
15
+170%
|
16
+7%
|
7
-58%
|
(4)
N/A
|
(25)
-588%
|
(27)
-10%
|
(4)
+86%
|
(1)
+81%
|
(22)
-2 919%
|
(28)
-25%
|
(75)
-172%
|
(88)
-17%
|
(29)
+67%
|
|
Net Income | ||||||||||||||||||||||||||
Tax Provision |
(1)
|
(2)
|
(2)
|
(1)
|
0
|
1
|
1
|
0
|
1
|
1
|
1
|
3
|
7
|
1
|
(6)
|
(10)
|
(10)
|
(2)
|
1
|
0
|
(9)
|
(9)
|
1
|
1
|
(1)
|
|
Income from Continuing Operations |
2
|
2
|
2
|
(0)
|
(6)
|
(12)
|
(65)
|
(70)
|
(117)
|
(115)
|
(66)
|
8
|
22
|
17
|
1
|
(14)
|
(35)
|
(29)
|
(3)
|
(1)
|
(31)
|
(37)
|
(75)
|
(88)
|
(29)
|
|
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
|
|
Net Income (Common) |
2
N/A
|
2
+19%
|
2
+14%
|
(0)
N/A
|
(6)
-1 041%
|
(12)
-114%
|
(65)
-443%
|
(70)
-8%
|
(117)
-68%
|
(115)
+2%
|
(66)
+43%
|
8
N/A
|
15
+74%
|
10
-30%
|
1
-91%
|
(14)
N/A
|
(35)
-156%
|
(30)
+16%
|
(3)
+89%
|
(1)
+78%
|
(31)
-4 141%
|
(37)
-18%
|
(75)
-104%
|
(88)
-18%
|
(29)
+66%
|
|
EPS (Diluted) |
0
N/A
|
0
N/A
|
0
N/A
|
-0.01
N/A
|
-0.04
-300%
|
-0.07
-75%
|
-0.35
-400%
|
-0.38
-9%
|
-0.62
-63%
|
-0.61
+2%
|
-0.35
+43%
|
0.01
N/A
|
0.03
+200%
|
0.02
-33%
|
0
N/A
|
-0.02
N/A
|
-0.05
-150%
|
-0.04
+20%
|
0
N/A
|
0
N/A
|
-0.04
N/A
|
-0.05
-25%
|
-0.09
-80%
|
-0.11
-22%
|
-0.03
+73%
|