Harbor Custom Development Inc
NASDAQ:HCDI
Income Statement
Earnings Waterfall
Harbor Custom Development Inc
Revenue
|
39.4m
USD
|
Cost of Revenue
|
-57.6m
USD
|
Gross Profit
|
-18.2m
USD
|
Operating Expenses
|
-11.9m
USD
|
Operating Income
|
-30.2m
USD
|
Other Expenses
|
-15.6m
USD
|
Net Income
|
-45.8m
USD
|
Income Statement
Harbor Custom Development Inc
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||
Revenue |
23
N/A
|
31
+36%
|
39
+25%
|
50
+28%
|
54
+8%
|
60
+11%
|
70
+17%
|
72
+3%
|
87
+20%
|
83
-4%
|
77
-8%
|
55
-28%
|
36
-35%
|
46
+27%
|
39
-14%
|
|
Gross Profit | ||||||||||||||||
Cost of Revenue |
(20)
|
(28)
|
(35)
|
(48)
|
(52)
|
(55)
|
(59)
|
(50)
|
(60)
|
(61)
|
(62)
|
(56)
|
(45)
|
(55)
|
(58)
|
|
Gross Profit |
3
N/A
|
4
+32%
|
4
+17%
|
2
-54%
|
2
+25%
|
5
+98%
|
11
+132%
|
22
+92%
|
27
+25%
|
22
-19%
|
15
-30%
|
(0)
N/A
|
(9)
-1 798%
|
(10)
-12%
|
(18)
-91%
|
|
Operating Income | ||||||||||||||||
Operating Expenses |
(2)
|
(3)
|
(5)
|
(6)
|
(6)
|
(7)
|
(9)
|
(11)
|
(13)
|
(14)
|
(16)
|
(16)
|
(15)
|
(14)
|
(12)
|
|
Other Operating Expenses |
(2)
|
(3)
|
(5)
|
(5)
|
(7)
|
(8)
|
(9)
|
(11)
|
(13)
|
(14)
|
(16)
|
(16)
|
(15)
|
(14)
|
(12)
|
|
Operating Income |
1
N/A
|
0
-44%
|
(0)
N/A
|
(3)
-897%
|
(3)
+1%
|
(3)
+26%
|
2
N/A
|
11
+416%
|
14
+34%
|
8
-46%
|
(0)
N/A
|
(17)
-13 808%
|
(24)
-43%
|
(24)
+1%
|
(30)
-28%
|
|
Pre-Tax Income | ||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
1
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Total Other Income |
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
1
N/A
|
0
-59%
|
(1)
N/A
|
(4)
-393%
|
(4)
-15%
|
(3)
+35%
|
2
N/A
|
11
+434%
|
14
+35%
|
7
-49%
|
(1)
N/A
|
(21)
-2 507%
|
(30)
-39%
|
(30)
+0%
|
(36)
-22%
|
|
Net Income | ||||||||||||||||
Tax Provision |
0
|
0
|
1
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(1)
|
0
|
4
|
6
|
6
|
(2)
|
|
Income from Continuing Operations |
1
|
0
|
0
|
(4)
|
(4)
|
(3)
|
1
|
9
|
12
|
6
|
(1)
|
(17)
|
(23)
|
(23)
|
(38)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
1
N/A
|
1
-39%
|
0
-67%
|
(4)
N/A
|
(4)
-23%
|
(3)
+31%
|
1
N/A
|
6
+1 015%
|
7
+19%
|
(0)
N/A
|
(8)
-12 000%
|
(25)
-191%
|
(31)
-26%
|
(31)
+1%
|
(46)
-48%
|
|
EPS (Diluted) |
3.75
N/A
|
6
+60%
|
1.04
-83%
|
-16.8
N/A
|
-6.56
+61%
|
-3.95
+40%
|
0.73
N/A
|
3.32
+355%
|
11.07
+233%
|
-0.1
N/A
|
-11.76
-11 660%
|
-35.25
-200%
|
-43.18
-22%
|
-18.62
+57%
|
-17.01
+9%
|