Grindrod Shipping Holdings Ltd
NASDAQ:GRIN
Income Statement
Earnings Waterfall
Grindrod Shipping Holdings Ltd
Income Statement
Grindrod Shipping Holdings Ltd
| Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue |
456
N/A
|
445
-2%
|
497
+12%
|
469
-6%
|
461
-2%
|
427
-7%
|
375
-12%
|
380
+1%
|
387
+2%
|
|
| Gross Profit | ||||||||||
| Cost of Revenue |
(279)
|
(240)
|
(263)
|
(258)
|
(294)
|
(294)
|
(290)
|
(329)
|
(348)
|
|
| Gross Profit |
177
N/A
|
205
+16%
|
234
+14%
|
211
-10%
|
167
-21%
|
133
-20%
|
85
-36%
|
51
-40%
|
39
-22%
|
|
| Operating Income | ||||||||||
| Operating Expenses |
(36)
|
(30)
|
(29)
|
(31)
|
(62)
|
(46)
|
(50)
|
(46)
|
(46)
|
|
| Selling, General & Administrative |
(35)
|
(36)
|
(36)
|
(38)
|
(47)
|
(47)
|
(46)
|
(41)
|
(30)
|
|
| Depreciation & Amortization |
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
|
| Other Operating Expenses |
0
|
6
|
7
|
7
|
(14)
|
1
|
(3)
|
(5)
|
(13)
|
|
| Operating Income |
141
N/A
|
175
+24%
|
205
+17%
|
180
-13%
|
105
-42%
|
87
-17%
|
36
-59%
|
5
-87%
|
(6)
N/A
|
|
| Pre-Tax Income | ||||||||||
| Interest Income Expense |
(3)
|
(11)
|
(12)
|
(13)
|
(1)
|
(16)
|
(16)
|
(16)
|
(1)
|
|
| Non-Reccuring Items |
(6)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(2)
|
|
| Pre-Tax Income |
133
N/A
|
164
+24%
|
194
+18%
|
167
-14%
|
104
-37%
|
71
-32%
|
20
-72%
|
(11)
N/A
|
(9)
+19%
|
|
| Net Income | ||||||||||
| Tax Provision |
0
|
(2)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Income from Continuing Operations |
133
|
162
|
191
|
164
|
103
|
70
|
19
|
(12)
|
(10)
|
|
| Income to Minority Interest |
(11)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
119
N/A
|
146
+22%
|
188
+29%
|
161
-14%
|
103
-36%
|
70
-32%
|
19
-73%
|
(12)
N/A
|
(10)
+19%
|
|
| EPS (Diluted) |
5.94
N/A
|
7.62
+28%
|
9.62
+26%
|
8.24
-14%
|
5.47
-34%
|
3.59
-34%
|
0.96
-73%
|
-0.62
N/A
|
-0.49
+21%
|
|