Capital Southwest Corp
NASDAQ:CSWC
Income Statement
Earnings Waterfall
Capital Southwest Corp
Revenue
|
168.9m
USD
|
Cost of Revenue
|
-40.5m
USD
|
Gross Profit
|
128.4m
USD
|
Operating Expenses
|
-24.5m
USD
|
Operating Income
|
103.9m
USD
|
Other Expenses
|
-15.8m
USD
|
Net Income
|
88.1m
USD
|
Income Statement
Capital Southwest Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
11
N/A
|
13
+10%
|
12
-2%
|
12
-1%
|
12
-5%
|
10
-14%
|
10
+2%
|
10
+3%
|
6
-42%
|
9
+53%
|
12
+34%
|
16
+30%
|
20
+22%
|
24
+20%
|
27
+15%
|
31
+14%
|
33
+7%
|
35
+6%
|
39
+10%
|
43
+11%
|
47
+11%
|
52
+9%
|
57
+9%
|
59
+5%
|
61
+4%
|
62
+1%
|
61
-1%
|
63
+2%
|
66
+5%
|
68
+3%
|
71
+5%
|
75
+5%
|
78
+4%
|
82
+5%
|
86
+5%
|
93
+8%
|
103
+11%
|
119
+16%
|
137
+15%
|
153
+12%
|
169
+10%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(2)
|
(3)
|
(3)
|
(5)
|
(7)
|
(9)
|
(11)
|
(12)
|
(14)
|
(14)
|
(15)
|
(16)
|
(16)
|
(17)
|
(17)
|
(18)
|
(19)
|
(20)
|
(20)
|
(20)
|
(20)
|
(22)
|
(25)
|
(29)
|
(33)
|
(37)
|
(40)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
1
N/A
|
4
+306%
|
0
N/A
|
0
N/A
|
8
N/A
|
11
+40%
|
23
+102%
|
25
+12%
|
28
+12%
|
30
+4%
|
30
+3%
|
32
+6%
|
34
+6%
|
37
+8%
|
40
+8%
|
43
+8%
|
45
+5%
|
46
+3%
|
46
0%
|
45
-2%
|
46
+2%
|
49
+6%
|
50
+3%
|
53
+6%
|
56
+5%
|
59
+6%
|
62
+6%
|
66
+6%
|
71
+8%
|
78
+10%
|
90
+16%
|
104
+15%
|
116
+12%
|
128
+11%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(10)
|
(9)
|
(8)
|
(8)
|
(8)
|
(12)
|
(12)
|
(15)
|
(15)
|
(13)
|
(13)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(15)
|
(15)
|
(16)
|
(16)
|
(17)
|
(17)
|
(18)
|
(19)
|
(19)
|
(20)
|
(20)
|
(21)
|
(23)
|
(23)
|
(25)
|
|
Selling, General & Administrative |
(8)
|
(7)
|
(7)
|
(6)
|
(6)
|
(10)
|
(10)
|
(14)
|
(14)
|
(13)
|
(13)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(15)
|
(15)
|
(16)
|
(16)
|
(17)
|
(17)
|
(18)
|
(19)
|
(19)
|
(20)
|
(20)
|
(21)
|
(23)
|
(23)
|
(25)
|
|
Other Operating Expenses |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
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
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
2
N/A
|
4
+173%
|
4
-8%
|
4
+7%
|
3
-26%
|
(2)
N/A
|
(2)
+0%
|
(5)
-129%
|
(9)
-74%
|
(4)
+58%
|
(1)
+74%
|
5
N/A
|
8
+60%
|
10
+37%
|
13
+25%
|
15
+18%
|
16
+6%
|
17
+4%
|
18
+8%
|
20
+9%
|
22
+12%
|
25
+12%
|
27
+11%
|
29
+6%
|
30
+4%
|
30
+1%
|
30
-2%
|
31
+2%
|
33
+7%
|
34
+5%
|
36
+7%
|
38
+5%
|
40
+5%
|
43
+8%
|
47
+7%
|
51
+11%
|
58
+13%
|
69
+18%
|
81
+18%
|
93
+14%
|
104
+12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
153
|
107
|
118
|
43
|
16
|
56
|
40
|
69
|
42
|
5
|
5
|
10
|
16
|
16
|
15
|
14
|
15
|
23
|
28
|
24
|
17
|
9
|
2
|
(3)
|
(15)
|
(51)
|
(48)
|
(35)
|
(14)
|
20
|
24
|
19
|
12
|
17
|
1
|
(7)
|
(24)
|
(36)
|
(26)
|
(26)
|
(15)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(7)
|
(8)
|
(8)
|
(7)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(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
|
|
Pre-Tax Income |
154
N/A
|
111
-28%
|
122
+9%
|
47
-61%
|
19
-60%
|
54
+184%
|
36
-32%
|
58
+59%
|
25
-56%
|
(7)
N/A
|
(3)
+48%
|
13
N/A
|
23
+80%
|
25
+11%
|
28
+9%
|
29
+5%
|
31
+5%
|
40
+29%
|
46
+16%
|
44
-4%
|
39
-12%
|
34
-12%
|
29
-15%
|
26
-12%
|
15
-41%
|
(20)
N/A
|
(18)
+11%
|
(5)
+73%
|
18
N/A
|
54
+197%
|
61
+12%
|
57
-6%
|
52
-8%
|
61
+16%
|
48
-21%
|
45
-6%
|
35
-23%
|
33
-3%
|
55
+65%
|
67
+22%
|
89
+33%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
1
|
1
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
0
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
1
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
(0)
|
(1)
|
0
|
(0)
|
(1)
|
1
|
(1)
|
|
Income from Continuing Operations |
154
|
112
|
122
|
47
|
19
|
53
|
36
|
58
|
26
|
(5)
|
(3)
|
13
|
22
|
24
|
26
|
28
|
30
|
41
|
47
|
45
|
39
|
33
|
28
|
24
|
13
|
(22)
|
(20)
|
(6)
|
16
|
52
|
58
|
54
|
51
|
60
|
47
|
44
|
35
|
33
|
54
|
68
|
88
|
|
Net Income (Common) |
154
N/A
|
112
-27%
|
122
+9%
|
47
-61%
|
19
-61%
|
53
+187%
|
36
-33%
|
58
+60%
|
26
-55%
|
(5)
N/A
|
(3)
+50%
|
13
N/A
|
22
+69%
|
24
+6%
|
26
+12%
|
28
+7%
|
30
+8%
|
39
+30%
|
46
+16%
|
43
-5%
|
38
-14%
|
33
-12%
|
28
-15%
|
24
-14%
|
13
-46%
|
(22)
N/A
|
(20)
+10%
|
(7)
+68%
|
16
N/A
|
51
+224%
|
57
+12%
|
36
-37%
|
33
-8%
|
43
+28%
|
30
-29%
|
44
+46%
|
35
-22%
|
33
-4%
|
54
+64%
|
68
+24%
|
88
+30%
|
|
EPS (Diluted) |
10.09
N/A
|
7.27
-28%
|
7.94
+9%
|
3.05
-62%
|
1.2
-61%
|
3.43
+186%
|
2.29
-33%
|
3.69
+61%
|
1.65
-55%
|
-0.35
N/A
|
-0.17
+51%
|
0.84
N/A
|
1.4
+67%
|
1.48
+6%
|
1.64
+11%
|
1.74
+6%
|
1.86
+7%
|
2.44
+31%
|
2.8
+15%
|
2.66
-5%
|
2.19
-18%
|
1.98
-10%
|
1.6
-19%
|
1.36
-15%
|
0.72
-47%
|
-1.24
N/A
|
-1.11
+10%
|
-0.35
+68%
|
0.82
N/A
|
2.66
+224%
|
2.69
+1%
|
1.6
-41%
|
1.42
-11%
|
1.87
+32%
|
1.18
-37%
|
1.57
+33%
|
1.1
-30%
|
1.1
N/A
|
1.44
+31%
|
1.7
+18%
|
2.12
+25%
|