Seplat Energy PLC
LSE:SEPL
Income Statement
Earnings Waterfall
Seplat Energy PLC
Revenue
|
910.1m
USD
|
Cost of Revenue
|
-533.7m
USD
|
Gross Profit
|
376.4m
USD
|
Operating Expenses
|
-53.5m
USD
|
Operating Income
|
322.9m
USD
|
Other Expenses
|
-296.9m
USD
|
Net Income
|
26m
USD
|
Income Statement
Seplat Energy PLC
Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||
Revenue |
755
N/A
|
733
-3%
|
975
+33%
|
951
-2%
|
891
-6%
|
952
+7%
|
1 041
+9%
|
972
-7%
|
1 144
+18%
|
1 061
-7%
|
910
-14%
|
|
Gross Profit | ||||||||||||
Cost of Revenue |
(522)
|
(448)
|
(572)
|
(481)
|
(469)
|
(487)
|
(495)
|
(505)
|
(546)
|
(529)
|
(534)
|
|
Gross Profit |
233
N/A
|
285
+22%
|
403
+41%
|
471
+17%
|
422
-10%
|
465
+10%
|
546
+17%
|
467
-14%
|
598
+28%
|
532
-11%
|
376
-29%
|
|
Operating Income | ||||||||||||
Operating Expenses |
11
|
(78)
|
(60)
|
(101)
|
(116)
|
(166)
|
(270)
|
(288)
|
(363)
|
(251)
|
(53)
|
|
Selling, General & Administrative |
(87)
|
(92)
|
(87)
|
(80)
|
(96)
|
(134)
|
(132)
|
(150)
|
(155)
|
(148)
|
(138)
|
|
Depreciation & Amortization |
(9)
|
(10)
|
(12)
|
(10)
|
(10)
|
(10)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
|
Other Operating Expenses |
107
|
24
|
39
|
(11)
|
(11)
|
(22)
|
(131)
|
(130)
|
(200)
|
(94)
|
94
|
|
Operating Income |
244
N/A
|
207
-15%
|
343
+65%
|
370
+8%
|
306
-17%
|
299
-2%
|
275
-8%
|
179
-35%
|
234
+31%
|
281
+20%
|
323
+15%
|
|
Pre-Tax Income | ||||||||||||
Interest Income Expense |
(95)
|
(88)
|
(116)
|
(65)
|
(67)
|
(79)
|
(49)
|
(90)
|
(97)
|
(83)
|
(140)
|
|
Non-Reccuring Items |
28
|
59
|
35
|
22
|
29
|
(13)
|
(17)
|
(4)
|
(6)
|
0
|
0
|
|
Total Other Income |
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(5)
|
(6)
|
(8)
|
(9)
|
|
Pre-Tax Income |
175
N/A
|
177
+1%
|
261
+47%
|
325
+25%
|
265
-18%
|
204
-23%
|
207
+1%
|
80
-61%
|
126
+57%
|
191
+52%
|
174
-9%
|
|
Net Income | ||||||||||||
Tax Provision |
(104)
|
(60)
|
(124)
|
(161)
|
(109)
|
(100)
|
(65)
|
24
|
(15)
|
(67)
|
(110)
|
|
Income from Continuing Operations |
71
|
117
|
137
|
164
|
156
|
105
|
142
|
104
|
110
|
124
|
64
|
|
Income to Minority Interest |
15
|
25
|
21
|
10
|
(5)
|
(42)
|
(38)
|
(78)
|
(83)
|
(41)
|
(38)
|
|
Net Income (Common) |
86
N/A
|
142
+66%
|
158
+12%
|
175
+10%
|
151
-13%
|
62
-59%
|
104
+67%
|
26
-75%
|
27
+4%
|
83
+206%
|
26
-69%
|
|
EPS (Diluted) |
0.14
N/A
|
0.24
+71%
|
0.27
+13%
|
0.3
+11%
|
0.26
-13%
|
0.11
-58%
|
0.18
+64%
|
0.04
-78%
|
0.05
+25%
|
0.14
+180%
|
0.04
-71%
|