Matrix Service Co
NASDAQ:MTRX
Income Statement
Earnings Waterfall
Matrix Service Co
Revenue
|
765.5m
USD
|
Cost of Revenue
|
-724m
USD
|
Gross Profit
|
41.6m
USD
|
Operating Expenses
|
-66.8m
USD
|
Operating Income
|
-25.2m
USD
|
Other Expenses
|
6.2m
USD
|
Net Income
|
-19.1m
USD
|
Income Statement
Matrix Service Co
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 |
999
N/A
|
1 154
+16%
|
1 263
+9%
|
1 359
+8%
|
1 391
+2%
|
1 323
-5%
|
1 343
+2%
|
1 341
0%
|
1 321
-1%
|
1 317
0%
|
1 312
0%
|
1 334
+2%
|
1 324
-1%
|
1 265
-4%
|
1 198
-5%
|
1 126
-6%
|
1 096
-3%
|
1 090
-1%
|
1 092
+0%
|
1 140
+4%
|
1 198
+5%
|
1 311
+9%
|
1 417
+8%
|
1 436
+1%
|
1 414
-2%
|
1 304
-8%
|
1 101
-16%
|
946
-14%
|
794
-16%
|
694
-13%
|
673
-3%
|
659
-2%
|
653
-1%
|
682
+4%
|
708
+4%
|
748
+6%
|
780
+4%
|
790
+1%
|
795
+1%
|
784
-1%
|
766
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(889)
|
(1 028)
|
(1 127)
|
(1 219)
|
(1 269)
|
(1 239)
|
(1 256)
|
(1 247)
|
(1 214)
|
(1 184)
|
(1 186)
|
(1 211)
|
(1 202)
|
(1 173)
|
(1 117)
|
(1 048)
|
(1 020)
|
(997)
|
(1 000)
|
(1 054)
|
(1 110)
|
(1 201)
|
(1 285)
|
(1 295)
|
(1 271)
|
(1 177)
|
(999)
|
(862)
|
(725)
|
(644)
|
(641)
|
(644)
|
(651)
|
(683)
|
(709)
|
(733)
|
(769)
|
(773)
|
(764)
|
(755)
|
(724)
|
|
Gross Profit |
110
N/A
|
127
+15%
|
137
+8%
|
139
+2%
|
121
-13%
|
84
-31%
|
87
+4%
|
94
+7%
|
108
+15%
|
132
+23%
|
126
-5%
|
124
-2%
|
122
-1%
|
92
-25%
|
81
-12%
|
78
-4%
|
76
-2%
|
94
+23%
|
92
-2%
|
87
-6%
|
88
+1%
|
110
+25%
|
132
+20%
|
141
+7%
|
143
+1%
|
127
-11%
|
102
-19%
|
84
-18%
|
69
-17%
|
51
-27%
|
33
-35%
|
15
-55%
|
3
-81%
|
(1)
N/A
|
(1)
-100%
|
15
N/A
|
11
-29%
|
17
+57%
|
31
+81%
|
30
-4%
|
42
+40%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(64)
|
(71)
|
(78)
|
(83)
|
(83)
|
(79)
|
(79)
|
(78)
|
(84)
|
(88)
|
(85)
|
(84)
|
(79)
|
(76)
|
(76)
|
(80)
|
(81)
|
(83)
|
(84)
|
(102)
|
(103)
|
(106)
|
(94)
|
(96)
|
(97)
|
(93)
|
(86)
|
(81)
|
(74)
|
(72)
|
(70)
|
(68)
|
(67)
|
(67)
|
(68)
|
(68)
|
(70)
|
(69)
|
(68)
|
(69)
|
(67)
|
|
Selling, General & Administrative |
(64)
|
(71)
|
(78)
|
(83)
|
(83)
|
(79)
|
(79)
|
(78)
|
(84)
|
(88)
|
(85)
|
(84)
|
(79)
|
(76)
|
(76)
|
(80)
|
(81)
|
(84)
|
(84)
|
(84)
|
(85)
|
(88)
|
(94)
|
(97)
|
(97)
|
(93)
|
(86)
|
(81)
|
(74)
|
(72)
|
(70)
|
(68)
|
(67)
|
(67)
|
(68)
|
(68)
|
(69)
|
(69)
|
(68)
|
(69)
|
(67)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(18)
|
(18)
|
(18)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
46
N/A
|
56
+23%
|
59
+5%
|
56
-4%
|
38
-33%
|
5
-88%
|
9
+91%
|
15
+75%
|
24
+56%
|
45
+86%
|
41
-9%
|
40
-2%
|
43
+8%
|
16
-64%
|
5
-69%
|
(2)
N/A
|
(5)
-136%
|
10
N/A
|
8
-26%
|
(16)
N/A
|
(15)
+2%
|
3
N/A
|
38
+1 015%
|
45
+17%
|
46
+3%
|
34
-26%
|
16
-53%
|
3
-79%
|
(5)
N/A
|
(21)
-335%
|
(37)
-73%
|
(53)
-45%
|
(65)
-21%
|
(68)
-5%
|
(69)
-2%
|
(53)
+24%
|
(59)
-12%
|
(52)
+11%
|
(37)
+29%
|
(39)
-4%
|
(25)
+35%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
0
|
0
|
(39)
|
(45)
|
(53)
|
(52)
|
(19)
|
(14)
|
(7)
|
(8)
|
(3)
|
(18)
|
(19)
|
(20)
|
(33)
|
(16)
|
(16)
|
(14)
|
(1)
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
|
Total Other Income |
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
(0)
|
0
|
1
|
2
|
3
|
2
|
1
|
(0)
|
1
|
32
|
31
|
32
|
31
|
2
|
5
|
5
|
|
Pre-Tax Income |
45
N/A
|
55
+23%
|
57
+4%
|
55
-4%
|
37
-33%
|
4
-90%
|
8
+134%
|
15
+78%
|
23
+57%
|
44
+90%
|
40
-9%
|
39
-2%
|
42
+8%
|
14
-67%
|
2
-83%
|
(5)
N/A
|
(8)
-74%
|
8
N/A
|
(12)
N/A
|
(16)
-34%
|
(15)
+7%
|
4
N/A
|
38
+911%
|
45
+16%
|
8
-82%
|
(12)
N/A
|
(37)
-216%
|
(48)
-32%
|
(23)
+53%
|
(34)
-50%
|
(43)
-27%
|
(63)
-46%
|
(71)
-13%
|
(89)
-24%
|
(58)
+34%
|
(42)
+28%
|
(61)
-45%
|
(39)
+36%
|
(53)
-36%
|
(49)
+6%
|
(19)
+61%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(14)
|
(19)
|
(20)
|
(20)
|
(17)
|
(9)
|
(10)
|
(12)
|
(12)
|
(16)
|
(14)
|
(14)
|
(15)
|
(4)
|
(2)
|
(1)
|
1
|
(7)
|
0
|
3
|
2
|
(3)
|
(10)
|
(13)
|
(8)
|
(3)
|
4
|
6
|
4
|
5
|
7
|
12
|
0
|
(2)
|
(6)
|
(11)
|
0
|
1
|
0
|
0
|
0
|
|
Income from Continuing Operations |
31
|
36
|
37
|
35
|
20
|
(5)
|
(2)
|
3
|
11
|
28
|
26
|
25
|
27
|
10
|
0
|
(6)
|
(7)
|
1
|
(12)
|
(13)
|
(13)
|
1
|
28
|
32
|
(0)
|
(15)
|
(33)
|
(42)
|
(19)
|
(29)
|
(36)
|
(51)
|
(71)
|
(90)
|
(64)
|
(53)
|
(61)
|
(38)
|
(52)
|
(49)
|
(19)
|
|
Income to Minority Interest |
0
|
(0)
|
(1)
|
0
|
8
|
19
|
19
|
18
|
12
|
3
|
3
|
3
|
1
|
(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
|
|
Net Income (Common) |
31
N/A
|
36
+16%
|
36
+0%
|
35
-2%
|
28
-20%
|
14
-51%
|
17
+25%
|
21
+23%
|
23
+10%
|
31
+32%
|
29
-6%
|
28
-2%
|
28
0%
|
10
-65%
|
(0)
N/A
|
(6)
-2 750%
|
(7)
-14%
|
2
N/A
|
(12)
N/A
|
(13)
-14%
|
(14)
-5%
|
0
N/A
|
28
+6 900%
|
32
+14%
|
(0)
N/A
|
(15)
-14 400%
|
(33)
-128%
|
(42)
-27%
|
(19)
+55%
|
(26)
-39%
|
(31)
-19%
|
(46)
-46%
|
(66)
-44%
|
(88)
-33%
|
(64)
+27%
|
(53)
+17%
|
(61)
-15%
|
(39)
+37%
|
(52)
-36%
|
(49)
+6%
|
(19)
+61%
|