Pan African Resources PLC
LSE:PAF
Income Statement
Earnings Waterfall
Pan African Resources PLC
Revenue
|
359.1m
USD
|
Cost of Revenue
|
-231.6m
USD
|
Gross Profit
|
127.5m
USD
|
Operating Expenses
|
-11m
USD
|
Operating Income
|
116.5m
USD
|
Other Expenses
|
-41.9m
USD
|
Net Income
|
74.6m
USD
|
Income Statement
Pan African Resources PLC
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 |
146
N/A
|
244
+67%
|
218
-11%
|
351
+61%
|
274
-22%
|
325
+19%
|
369
+14%
|
379
+3%
|
376
-1%
|
339
-10%
|
322
-5%
|
359
+12%
|
|
Gross Profit | |||||||||||||
Cost of Revenue |
(100)
|
(179)
|
(141)
|
(240)
|
(145)
|
(173)
|
(194)
|
(221)
|
(207)
|
(230)
|
(181)
|
(232)
|
|
Gross Profit |
45
N/A
|
64
+42%
|
76
+18%
|
110
+45%
|
129
+17%
|
152
+18%
|
175
+15%
|
157
-10%
|
169
+8%
|
110
-35%
|
141
+28%
|
127
-9%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(27)
|
(30)
|
(36)
|
(35)
|
(42)
|
(58)
|
(66)
|
(46)
|
(64)
|
(19)
|
(50)
|
(11)
|
|
Selling, General & Administrative |
(5)
|
0
|
(8)
|
0
|
(5)
|
0
|
(14)
|
0
|
(15)
|
0
|
(1)
|
0
|
|
Research & Development |
(7)
|
0
|
(12)
|
0
|
(14)
|
0
|
(18)
|
0
|
(21)
|
0
|
(19)
|
0
|
|
Depreciation & Amortization |
(15)
|
(22)
|
(16)
|
(27)
|
(22)
|
(24)
|
(33)
|
(33)
|
(27)
|
0
|
(21)
|
0
|
|
Other Operating Expenses |
(0)
|
(8)
|
0
|
(8)
|
(1)
|
(34)
|
(1)
|
(14)
|
(0)
|
(19)
|
(9)
|
(11)
|
|
Operating Income |
18
N/A
|
35
+92%
|
40
+16%
|
75
+86%
|
87
+15%
|
94
+8%
|
109
+16%
|
111
+2%
|
106
-5%
|
90
-15%
|
91
+1%
|
117
+28%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
(4)
|
(8)
|
(12)
|
(19)
|
(33)
|
(8)
|
(3)
|
(4)
|
3
|
(4)
|
(2)
|
(6)
|
|
Non-Reccuring Items |
(3)
|
(3)
|
18
|
18
|
0
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
Total Other Income |
1
|
1
|
0
|
(1)
|
(2)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(3)
|
(4)
|
|
Pre-Tax Income |
13
N/A
|
25
+94%
|
46
+86%
|
73
+59%
|
52
-29%
|
85
+63%
|
105
+23%
|
106
+2%
|
107
+0%
|
84
-21%
|
86
+2%
|
106
+24%
|
|
Net Income | |||||||||||||
Tax Provision |
3
|
1
|
(8)
|
(13)
|
(8)
|
(22)
|
(30)
|
(26)
|
(32)
|
(26)
|
(25)
|
(32)
|
|
Income from Continuing Operations |
16
|
25
|
38
|
60
|
44
|
63
|
75
|
80
|
75
|
58
|
61
|
74
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(123)
N/A
|
(113)
+8%
|
38
N/A
|
60
+58%
|
44
-26%
|
63
+43%
|
75
+18%
|
80
+7%
|
75
-6%
|
58
-23%
|
61
+5%
|
75
+22%
|
|
EPS (Diluted) |
-0.06
N/A
|
-0.05
+17%
|
0.02
N/A
|
0.03
+50%
|
0.02
-33%
|
0.03
+50%
|
0.04
+33%
|
0.04
N/A
|
0.04
N/A
|
0.03
-25%
|
0.03
N/A
|
0.04
+33%
|