Morgan Advanced Materials PLC
LSE:MGAM
Income Statement
Earnings Waterfall
Morgan Advanced Materials PLC
Revenue
|
1.1B
GBP
|
Operating Expenses
|
-997.7m
GBP
|
Operating Income
|
117m
GBP
|
Other Expenses
|
-69.7m
GBP
|
Net Income
|
47.3m
GBP
|
Income Statement
Morgan Advanced Materials PLC
Jan-2004 | Jul-2004 | Jan-2005 | Jul-2005 | Jan-2006 | Jul-2006 | Jan-2007 | Jul-2007 | Jan-2008 | Jul-2008 | Jan-2009 | Jul-2009 | Jan-2010 | Jul-2010 | Jan-2011 | Jul-2011 | Jan-2012 | 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 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
850
N/A
|
778
-8%
|
763
-2%
|
692
-9%
|
610
-12%
|
645
+6%
|
678
+5%
|
689
+2%
|
693
+1%
|
747
+8%
|
835
+12%
|
926
+11%
|
943
+2%
|
952
+1%
|
1 017
+7%
|
1 076
+6%
|
1 101
+2%
|
1 074
-2%
|
1 008
-6%
|
961
-5%
|
958
0%
|
920
-4%
|
922
+0%
|
943
+2%
|
912
-3%
|
918
+1%
|
989
+8%
|
1 033
+4%
|
1 001
-3%
|
997
0%
|
1 034
+4%
|
1 038
+0%
|
1 050
+1%
|
1 002
-5%
|
911
-9%
|
894
-2%
|
951
+6%
|
1 020
+7%
|
1 112
+9%
|
1 136
+2%
|
1 115
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(807)
|
(732)
|
(707)
|
(636)
|
(554)
|
(580)
|
(604)
|
(607)
|
(605)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(388)
|
0
|
(377)
|
0
|
(400)
|
0
|
(392)
|
0
|
(390)
|
0
|
(396)
|
0
|
(372)
|
0
|
(394)
|
0
|
(481)
|
0
|
0
|
|
Gross Profit |
43
N/A
|
46
+9%
|
56
+21%
|
56
+1%
|
55
-2%
|
66
+18%
|
74
+13%
|
82
+11%
|
88
+8%
|
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
|
534
N/A
|
0
N/A
|
535
N/A
|
0
N/A
|
589
N/A
|
0
N/A
|
609
N/A
|
0
N/A
|
644
N/A
|
0
N/A
|
654
N/A
|
0
N/A
|
539
N/A
|
0
N/A
|
556
N/A
|
0
N/A
|
632
N/A
|
0
N/A
|
0
N/A
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(8)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(653)
|
(729)
|
(833)
|
(870)
|
(870)
|
(916)
|
(953)
|
(966)
|
(942)
|
(895)
|
(858)
|
(847)
|
(812)
|
(423)
|
(827)
|
(432)
|
(820)
|
(482)
|
(872)
|
(490)
|
(883)
|
(528)
|
(917)
|
(528)
|
(890)
|
(453)
|
(801)
|
(438)
|
(887)
|
(487)
|
(1 012)
|
(998)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(303)
|
0
|
(310)
|
0
|
(344)
|
0
|
(360)
|
0
|
(370)
|
0
|
(367)
|
0
|
(335)
|
0
|
(334)
|
0
|
(376)
|
0
|
0
|
|
Depreciation & Amortization |
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(3)
|
(10)
|
(16)
|
(12)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(36)
|
(8)
|
(34)
|
(7)
|
(37)
|
(8)
|
(37)
|
(8)
|
(39)
|
(8)
|
(51)
|
(8)
|
(48)
|
(5)
|
(44)
|
(6)
|
(43)
|
(5)
|
(3)
|
|
Other Operating Expenses |
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(651)
|
(726)
|
(823)
|
(854)
|
(858)
|
(908)
|
(945)
|
(958)
|
(934)
|
(887)
|
(850)
|
(839)
|
(803)
|
(84)
|
(820)
|
(88)
|
(813)
|
(101)
|
(864)
|
(93)
|
(875)
|
(119)
|
(907)
|
(111)
|
(882)
|
(70)
|
(796)
|
(60)
|
(882)
|
(68)
|
(1 007)
|
(994)
|
|
Operating Income |
35
N/A
|
43
+22%
|
56
+31%
|
56
+1%
|
55
-2%
|
66
+18%
|
74
+13%
|
81
+10%
|
87
+7%
|
93
+8%
|
106
+13%
|
93
-12%
|
73
-22%
|
82
+13%
|
102
+24%
|
123
+21%
|
135
+10%
|
132
-2%
|
113
-15%
|
103
-9%
|
111
+8%
|
109
-2%
|
111
+2%
|
115
+4%
|
103
-11%
|
98
-4%
|
107
+9%
|
160
+50%
|
119
-26%
|
114
-4%
|
116
+2%
|
121
+4%
|
126
+5%
|
112
-11%
|
86
-24%
|
93
+9%
|
118
+27%
|
132
+12%
|
144
+9%
|
124
-14%
|
117
-6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(16)
|
(17)
|
(16)
|
(13)
|
(11)
|
(7)
|
(3)
|
(5)
|
(5)
|
(8)
|
(12)
|
(21)
|
(29)
|
(27)
|
(26)
|
(26)
|
(22)
|
(19)
|
(17)
|
(17)
|
(17)
|
(16)
|
(16)
|
(13)
|
(11)
|
(12)
|
(9)
|
(15)
|
(21)
|
(11)
|
(7)
|
(10)
|
(12)
|
(10)
|
(9)
|
(7)
|
(7)
|
(8)
|
(6)
|
(10)
|
(14)
|
|
Non-Reccuring Items |
(67)
|
(71)
|
(56)
|
(47)
|
(30)
|
(25)
|
(19)
|
(18)
|
(9)
|
(10)
|
(11)
|
(13)
|
(12)
|
(7)
|
(8)
|
(6)
|
(2)
|
(3)
|
(13)
|
(19)
|
(23)
|
(21)
|
(58)
|
(53)
|
(26)
|
(23)
|
(3)
|
(5)
|
46
|
0
|
(10)
|
0
|
0
|
(69)
|
(87)
|
(15)
|
(5)
|
(9)
|
(6)
|
(19)
|
(25)
|
|
Gain/Loss on Disposition of Assets |
(30)
|
(15)
|
(8)
|
(8)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
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
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
0
|
|
Pre-Tax Income |
(78)
N/A
|
(61)
+22%
|
(25)
+59%
|
(11)
+55%
|
14
N/A
|
34
+141%
|
52
+51%
|
58
+12%
|
72
+24%
|
75
+5%
|
83
+10%
|
59
-29%
|
31
-46%
|
48
+53%
|
68
+41%
|
91
+35%
|
111
+22%
|
107
-4%
|
77
-28%
|
61
-20%
|
64
+5%
|
66
+3%
|
32
-52%
|
43
+37%
|
59
+37%
|
56
-5%
|
88
+57%
|
134
+52%
|
137
+2%
|
97
-29%
|
95
-2%
|
106
+11%
|
110
+4%
|
30
-73%
|
(13)
N/A
|
69
N/A
|
104
+52%
|
114
+9%
|
132
+16%
|
94
-28%
|
78
-17%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
2
|
4
|
(3)
|
(4)
|
(5)
|
(7)
|
(11)
|
(11)
|
(15)
|
(17)
|
(20)
|
(15)
|
(9)
|
(14)
|
(20)
|
(27)
|
(33)
|
(31)
|
(22)
|
(17)
|
(19)
|
(21)
|
(19)
|
(22)
|
(21)
|
(21)
|
(29)
|
(28)
|
(26)
|
(28)
|
(31)
|
(32)
|
(30)
|
(16)
|
(7)
|
(20)
|
(28)
|
(32)
|
(36)
|
(27)
|
(22)
|
|
Income from Continuing Operations |
(76)
|
(57)
|
(27)
|
(15)
|
10
|
27
|
41
|
47
|
57
|
58
|
63
|
44
|
23
|
34
|
48
|
65
|
79
|
76
|
55
|
45
|
45
|
45
|
12
|
21
|
38
|
35
|
59
|
106
|
111
|
69
|
64
|
74
|
80
|
13
|
(20)
|
49
|
76
|
82
|
96
|
67
|
56
|
|
Income to Minority Interest |
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(5)
|
(5)
|
(8)
|
(8)
|
(9)
|
(9)
|
(8)
|
(9)
|
|
Net Income (Common) |
(78)
N/A
|
(86)
-10%
|
(73)
+15%
|
(31)
+58%
|
18
N/A
|
32
+74%
|
37
+17%
|
43
+16%
|
53
+23%
|
54
+3%
|
59
+10%
|
39
-33%
|
19
-52%
|
29
+55%
|
43
+45%
|
59
+38%
|
73
+24%
|
92
+26%
|
73
-21%
|
42
-42%
|
42
0%
|
42
0%
|
8
-81%
|
16
+109%
|
34
+108%
|
31
-10%
|
52
+71%
|
100
+91%
|
108
+8%
|
57
-47%
|
46
-19%
|
56
+20%
|
73
+31%
|
10
-86%
|
(23)
N/A
|
43
N/A
|
74
+74%
|
79
+7%
|
88
+11%
|
60
-32%
|
47
-21%
|
|
EPS (Diluted) |
-0.32
N/A
|
-0.31
+3%
|
-0.23
+26%
|
-0.09
+61%
|
0.06
N/A
|
0.1
+67%
|
0.12
+20%
|
0.15
+25%
|
0.19
+27%
|
0.2
+5%
|
0.22
+10%
|
0.14
-36%
|
0.07
-50%
|
0.11
+57%
|
0.15
+36%
|
0.21
+40%
|
0.26
+24%
|
0.32
+23%
|
0.26
-19%
|
0.14
-46%
|
0.14
N/A
|
0.14
N/A
|
0.03
-79%
|
0.05
+67%
|
0.12
+140%
|
0.11
-8%
|
0.18
+64%
|
0.35
+94%
|
0.36
+3%
|
0.22
-39%
|
0.16
-27%
|
0.19
+19%
|
0.25
+32%
|
0.03
-88%
|
-0.09
N/A
|
0.14
N/A
|
0.24
+71%
|
0.27
+13%
|
0.3
+11%
|
0.2
-33%
|
0.16
-20%
|