Focusrite PLC
LSE:TUNE
Income Statement
Earnings Waterfall
Focusrite PLC
Revenue
|
178.5m
GBP
|
Cost of Revenue
|
-93.7m
GBP
|
Gross Profit
|
84.8m
GBP
|
Operating Expenses
|
-58.8m
GBP
|
Operating Income
|
26m
GBP
|
Other Expenses
|
-8.2m
GBP
|
Net Income
|
17.8m
GBP
|
Income Statement
Focusrite PLC
Aug-2015 | Feb-2016 | Aug-2016 | Feb-2017 | Aug-2017 | Feb-2018 | Aug-2018 | Feb-2019 | Aug-2019 | Feb-2020 | Aug-2020 | Feb-2021 | Aug-2021 | Feb-2022 | Aug-2022 | Feb-2023 | Aug-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||
Revenue |
48
N/A
|
50
+4%
|
54
+8%
|
60
+11%
|
66
+9%
|
73
+10%
|
75
+3%
|
77
+2%
|
85
+10%
|
94
+11%
|
130
+38%
|
176
+35%
|
174
-1%
|
172
-1%
|
184
+7%
|
177
-4%
|
179
+1%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(29)
|
(31)
|
(33)
|
(37)
|
(40)
|
(43)
|
(43)
|
(43)
|
(49)
|
(53)
|
(70)
|
(93)
|
(90)
|
(90)
|
(101)
|
(96)
|
(94)
|
|
Gross Profit |
19
N/A
|
20
+5%
|
21
+7%
|
23
+12%
|
26
+13%
|
30
+13%
|
32
+7%
|
33
+5%
|
36
+7%
|
41
+14%
|
60
+47%
|
83
+38%
|
84
+2%
|
82
-3%
|
83
+2%
|
81
-3%
|
85
+5%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(12)
|
(13)
|
(13)
|
(15)
|
(17)
|
(19)
|
(20)
|
(20)
|
(22)
|
(29)
|
(40)
|
(55)
|
(47)
|
(52)
|
(54)
|
(55)
|
(59)
|
|
Selling, General & Administrative |
(12)
|
(13)
|
(13)
|
(15)
|
(17)
|
(19)
|
(20)
|
(20)
|
(22)
|
(28)
|
(37)
|
(51)
|
(43)
|
(48)
|
(49)
|
(50)
|
(54)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(5)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
(1)
|
0
|
|
Operating Income |
6
N/A
|
7
+12%
|
8
+8%
|
9
+13%
|
10
+11%
|
11
+17%
|
12
+4%
|
13
+12%
|
14
+4%
|
12
-15%
|
20
+73%
|
28
+39%
|
37
+34%
|
30
-20%
|
30
-1%
|
25
-14%
|
26
+2%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
0
|
(1)
|
0
|
1
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
0
|
2
|
1
|
0
|
|
Non-Reccuring Items |
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(3)
|
(12)
|
1
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
|
Total Other Income |
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
(2)
|
|
Pre-Tax Income |
7
N/A
|
5
-16%
|
7
+31%
|
9
+31%
|
10
+2%
|
11
+13%
|
12
+9%
|
13
+11%
|
13
+0%
|
9
-34%
|
7
-18%
|
28
+299%
|
35
+25%
|
28
-20%
|
31
+9%
|
25
-18%
|
23
-9%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(7)
|
(7)
|
(6)
|
(6)
|
(5)
|
(5)
|
|
Income from Continuing Operations |
6
|
5
|
6
|
8
|
9
|
10
|
11
|
12
|
12
|
7
|
4
|
21
|
28
|
22
|
25
|
20
|
18
|
|
Net Income (Common) |
6
N/A
|
5
-14%
|
6
+33%
|
8
+30%
|
9
+5%
|
10
+12%
|
11
+9%
|
12
+12%
|
12
0%
|
7
-37%
|
4
-44%
|
21
+420%
|
28
+33%
|
22
-21%
|
25
+10%
|
20
-20%
|
18
-10%
|
|
EPS (Diluted) |
0.09
N/A
|
0.08
-11%
|
0.11
+38%
|
0.14
+27%
|
0.15
+7%
|
0.17
+13%
|
0.18
+6%
|
0.2
+11%
|
0.2
N/A
|
0.13
-35%
|
0.07
-46%
|
0.36
+414%
|
0.48
+33%
|
0.38
-21%
|
0.42
+11%
|
0.33
-21%
|
0.3
-9%
|