Merit Group PLC
LSE:MRIT
Income Statement
Earnings Waterfall
Merit Group PLC
Income Statement
Merit Group PLC
| Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | Mar-2024 | Sep-2024 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Interest Expense |
1
|
0
|
0
|
0
|
1
|
0
|
1
|
0
|
|
| Revenue |
25
N/A
|
23
-6%
|
27
+18%
|
18
-33%
|
19
+1%
|
19
+4%
|
20
+3%
|
19
-3%
|
|
| Gross Profit | |||||||||
| Cost of Revenue |
(16)
|
(13)
|
(17)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
|
| Gross Profit |
8
N/A
|
10
+18%
|
11
+11%
|
9
-20%
|
9
-1%
|
9
+2%
|
9
+5%
|
9
-7%
|
|
| Operating Income | |||||||||
| Operating Expenses |
(10)
|
(10)
|
(11)
|
(10)
|
(9)
|
(8)
|
(8)
|
(7)
|
|
| Selling, General & Administrative |
(7)
|
(7)
|
(8)
|
(7)
|
(6)
|
(6)
|
(6)
|
(5)
|
|
| Depreciation & Amortization |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
|
| Operating Income |
(2)
N/A
|
0
N/A
|
(0)
N/A
|
(1)
-210%
|
(1)
+26%
|
0
N/A
|
2
+570%
|
1
-35%
|
|
| Pre-Tax Income | |||||||||
| Interest Income Expense |
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
|
| Non-Reccuring Items |
(1)
|
(0)
|
(1)
|
(1)
|
(3)
|
(2)
|
0
|
(0)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
|
| Pre-Tax Income |
(3)
N/A
|
(1)
+81%
|
(2)
-212%
|
(2)
-4%
|
(4)
-90%
|
(3)
+22%
|
1
N/A
|
0
-85%
|
|
| Net Income | |||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
|
| Income from Continuing Operations |
(3)
|
(0)
|
(2)
|
(2)
|
(4)
|
(3)
|
1
|
(0)
|
|
| Net Income (Common) |
(3)
N/A
|
(1)
+72%
|
(2)
-104%
|
(2)
-23%
|
(3)
-39%
|
(1)
+50%
|
0
N/A
|
(0)
N/A
|
|
| EPS (Diluted) |
-0.13
N/A
|
-0.03
+77%
|
-0.07
-133%
|
-0.08
-14%
|
-0.11
-38%
|
-0.05
+55%
|
0.02
N/A
|
0
N/A
|
|