Pioneer Power Solutions Inc
NASDAQ:PPSI
Income Statement
Earnings Waterfall
Pioneer Power Solutions Inc
Revenue
|
42.6m
USD
|
Cost of Revenue
|
-31.2m
USD
|
Gross Profit
|
11.4m
USD
|
Operating Expenses
|
-10m
USD
|
Operating Income
|
1.4m
USD
|
Other Expenses
|
381k
USD
|
Net Income
|
1.8m
USD
|
Income Statement
Pioneer Power Solutions Inc
Sep-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
90
N/A
|
88
-2%
|
87
-2%
|
86
-1%
|
89
+4%
|
92
+3%
|
100
+9%
|
106
+5%
|
104
-1%
|
107
+2%
|
104
-2%
|
108
+3%
|
112
+4%
|
100
-11%
|
98
-1%
|
95
-3%
|
92
-4%
|
114
+25%
|
96
-16%
|
72
-24%
|
51
-29%
|
20
-61%
|
17
-16%
|
18
+9%
|
19
+5%
|
21
+6%
|
23
+10%
|
22
-1%
|
21
-7%
|
20
-6%
|
18
-8%
|
19
+3%
|
20
+9%
|
18
-9%
|
21
+16%
|
20
-4%
|
21
+3%
|
27
+29%
|
29
+8%
|
36
+25%
|
43
+17%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(68)
|
(66)
|
(65)
|
(65)
|
(68)
|
(74)
|
(81)
|
(86)
|
(86)
|
(85)
|
(82)
|
(85)
|
(88)
|
(78)
|
(76)
|
(74)
|
(71)
|
(96)
|
(81)
|
(64)
|
(48)
|
(18)
|
(16)
|
(17)
|
(18)
|
(19)
|
(21)
|
(21)
|
(19)
|
(18)
|
(17)
|
(17)
|
(19)
|
(17)
|
(19)
|
(19)
|
(19)
|
(22)
|
(23)
|
(28)
|
(31)
|
|
Gross Profit |
22
N/A
|
22
-1%
|
22
-1%
|
20
-6%
|
21
+4%
|
18
-13%
|
19
+3%
|
20
+5%
|
18
-8%
|
21
+19%
|
22
+2%
|
23
+6%
|
24
+6%
|
22
-9%
|
22
-1%
|
21
-2%
|
21
-3%
|
19
-10%
|
14
-24%
|
9
-40%
|
3
-62%
|
2
-42%
|
1
-46%
|
1
+32%
|
1
-25%
|
1
+18%
|
1
-9%
|
1
-25%
|
1
+59%
|
1
+8%
|
1
+1%
|
2
+18%
|
2
-2%
|
1
-14%
|
2
+54%
|
2
-20%
|
2
+9%
|
5
+146%
|
6
+28%
|
9
+45%
|
11
+33%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(15)
|
(17)
|
(19)
|
(20)
|
(22)
|
(20)
|
(20)
|
(20)
|
(17)
|
(16)
|
(16)
|
(15)
|
(21)
|
(19)
|
(17)
|
(14)
|
(11)
|
(10)
|
(11)
|
(13)
|
(10)
|
(13)
|
(12)
|
(9)
|
(5)
|
(4)
|
(3)
|
(5)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
|
Selling, General & Administrative |
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(15)
|
(17)
|
(19)
|
(20)
|
(22)
|
(20)
|
(20)
|
(19)
|
(15)
|
(14)
|
(13)
|
(12)
|
(19)
|
(17)
|
(15)
|
(14)
|
(10)
|
(10)
|
(11)
|
(13)
|
(10)
|
(13)
|
(12)
|
(9)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
8
N/A
|
7
-11%
|
6
-8%
|
5
-21%
|
5
+7%
|
3
-45%
|
2
-42%
|
0
-74%
|
(2)
N/A
|
(0)
+96%
|
1
N/A
|
3
+152%
|
5
+39%
|
5
+16%
|
5
+1%
|
6
+4%
|
6
+10%
|
(3)
N/A
|
(5)
-86%
|
(8)
-73%
|
(11)
-38%
|
(9)
+18%
|
(9)
-4%
|
(9)
+0%
|
(12)
-26%
|
(9)
+27%
|
(12)
-40%
|
(11)
+8%
|
(8)
+28%
|
(4)
+53%
|
(3)
+19%
|
(2)
+41%
|
(3)
-81%
|
(4)
-19%
|
(4)
+8%
|
(5)
-49%
|
(6)
-17%
|
(4)
+36%
|
(3)
+22%
|
(1)
+68%
|
1
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(4)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
4
|
4
|
4
|
1
|
0
|
(1)
|
(1)
|
(1)
|
1
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(4)
|
(5)
|
(5)
|
(5)
|
(2)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
3
|
(0)
|
(2)
|
(3)
|
(7)
|
(3)
|
1
|
1
|
2
|
2
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
|
Pre-Tax Income |
7
N/A
|
6
-8%
|
6
-7%
|
4
-24%
|
5
+16%
|
0
-94%
|
(1)
N/A
|
(2)
-162%
|
(10)
-302%
|
(9)
+11%
|
(7)
+13%
|
(6)
+25%
|
(0)
+92%
|
2
N/A
|
2
-13%
|
3
+23%
|
2
-3%
|
(6)
N/A
|
(8)
-32%
|
(11)
-40%
|
(13)
-17%
|
(10)
+25%
|
(3)
+73%
|
(6)
-132%
|
(10)
-66%
|
(11)
-3%
|
(20)
-81%
|
(15)
+25%
|
(7)
+49%
|
(3)
+60%
|
0
N/A
|
0
-11%
|
(2)
N/A
|
(2)
-44%
|
(3)
-48%
|
(5)
-57%
|
(6)
-17%
|
(4)
+40%
|
(3)
+23%
|
(1)
+80%
|
2
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
2
|
3
|
2
|
2
|
0
|
(1)
|
(1)
|
0
|
(0)
|
3
|
3
|
3
|
4
|
1
|
(1)
|
0
|
2
|
(1)
|
0
|
(1)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
4
|
5
|
5
|
4
|
5
|
(0)
|
(1)
|
(2)
|
(8)
|
(6)
|
(5)
|
(4)
|
(0)
|
2
|
1
|
3
|
2
|
(4)
|
(5)
|
(9)
|
(10)
|
(9)
|
(4)
|
(6)
|
(8)
|
(12)
|
(19)
|
(16)
|
(11)
|
(3)
|
0
|
0
|
(2)
|
(2)
|
(3)
|
(5)
|
(6)
|
(4)
|
(3)
|
(1)
|
2
|
|
Net Income (Common) |
4
N/A
|
5
+21%
|
5
-7%
|
4
-19%
|
5
+19%
|
(0)
N/A
|
(1)
-263%
|
(2)
-103%
|
(8)
-241%
|
(6)
+22%
|
(5)
+14%
|
(4)
+20%
|
(0)
+95%
|
(1)
-424%
|
(2)
-39%
|
(0)
+72%
|
(2)
-260%
|
(9)
-494%
|
(10)
-8%
|
(12)
-21%
|
(11)
+7%
|
(6)
+49%
|
1
N/A
|
(3)
N/A
|
4
N/A
|
(1)
N/A
|
(10)
-860%
|
(6)
+35%
|
(12)
-91%
|
(3)
+75%
|
0
N/A
|
0
-10%
|
(2)
N/A
|
(2)
-46%
|
(3)
-48%
|
(5)
-57%
|
(6)
-17%
|
(4)
+40%
|
(3)
+23%
|
(1)
+80%
|
2
N/A
|
|
EPS (Diluted) |
0.74
N/A
|
0.84
+14%
|
0.68
-19%
|
0.55
-19%
|
0.66
+20%
|
-0.04
N/A
|
-0.15
-275%
|
-0.3
-100%
|
-1
-233%
|
-0.76
+24%
|
-0.58
+24%
|
-0.46
+21%
|
-0.02
+96%
|
-0.12
-500%
|
-0.17
-42%
|
-0.04
+76%
|
-0.17
-325%
|
-1.05
-518%
|
-1.13
-8%
|
-1.37
-21%
|
-1.27
+7%
|
-0.65
+49%
|
0.06
N/A
|
-0.3
N/A
|
0.48
N/A
|
-0.11
N/A
|
-1.09
-891%
|
-0.71
+35%
|
-1.36
-92%
|
-0.34
+75%
|
0.02
N/A
|
0.02
N/A
|
-0.18
N/A
|
-0.24
-33%
|
-0.33
-38%
|
-0.51
-55%
|
-0.62
-22%
|
-0.37
+40%
|
-0.28
+24%
|
-0.05
+82%
|
0.18
N/A
|