SPI Energy Co Ltd
NASDAQ:SPI
Income Statement
Earnings Waterfall
SPI Energy Co Ltd
Revenue
|
206.9m
USD
|
Cost of Revenue
|
-179.6m
USD
|
Gross Profit
|
27.3m
USD
|
Operating Expenses
|
-32m
USD
|
Operating Income
|
-4.7m
USD
|
Other Expenses
|
-20m
USD
|
Net Income
|
-24.7m
USD
|
Income Statement
SPI Energy Co Ltd
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Sep-2022 | Dec-2022 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||
Revenue |
92
N/A
|
104
+14%
|
142
+36%
|
166
+17%
|
191
+15%
|
196
+3%
|
115
-42%
|
182
+59%
|
122
-33%
|
172
+42%
|
126
-27%
|
125
-1%
|
98
-21%
|
105
+7%
|
139
+33%
|
162
+17%
|
162
+0%
|
168
+3%
|
210
+26%
|
178
-16%
|
194
+9%
|
207
+7%
|
|
Gross Profit | |||||||||||||||||||||||
Cost of Revenue |
(80)
|
(87)
|
(120)
|
(143)
|
(182)
|
(188)
|
(103)
|
(162)
|
(111)
|
(157)
|
(115)
|
(114)
|
(91)
|
(100)
|
(122)
|
(141)
|
(151)
|
(158)
|
(203)
|
(163)
|
(176)
|
(180)
|
|
Gross Profit |
12
N/A
|
17
+41%
|
22
+28%
|
24
+7%
|
8
-66%
|
8
-6%
|
12
+59%
|
21
+69%
|
10
-51%
|
16
+54%
|
11
-29%
|
11
N/A
|
7
-35%
|
5
-35%
|
17
+260%
|
21
+25%
|
11
-50%
|
9
-11%
|
7
-26%
|
15
+107%
|
17
+20%
|
27
+57%
|
|
Operating Income | |||||||||||||||||||||||
Operating Expenses |
(8)
|
(60)
|
(77)
|
(88)
|
(116)
|
(88)
|
(24)
|
(43)
|
(19)
|
(18)
|
(14)
|
(19)
|
(22)
|
(13)
|
(17)
|
(37)
|
(52)
|
(46)
|
(52)
|
(41)
|
(31)
|
(32)
|
|
Selling, General & Administrative |
(8)
|
(51)
|
(68)
|
(88)
|
(116)
|
(88)
|
(24)
|
(43)
|
(19)
|
(24)
|
(14)
|
(21)
|
(22)
|
(13)
|
(17)
|
(33)
|
(52)
|
(46)
|
(52)
|
(41)
|
(31)
|
(32)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
(9)
|
(9)
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
5
N/A
|
(43)
N/A
|
(54)
-27%
|
(64)
-18%
|
(108)
-68%
|
(80)
+26%
|
(12)
+85%
|
(23)
-89%
|
(9)
+62%
|
(2)
+74%
|
(3)
-36%
|
(8)
-153%
|
(15)
-91%
|
(8)
+42%
|
0
N/A
|
(16)
N/A
|
(42)
-163%
|
(37)
+12%
|
(45)
-23%
|
(27)
+41%
|
(14)
+48%
|
(5)
+66%
|
|
Pre-Tax Income | |||||||||||||||||||||||
Interest Income Expense |
(0)
|
2
|
2
|
(11)
|
(21)
|
(31)
|
(11)
|
(13)
|
(15)
|
(18)
|
(5)
|
(4)
|
(2)
|
(1)
|
(9)
|
(10)
|
(2)
|
(0)
|
1
|
(5)
|
(11)
|
(13)
|
|
Non-Reccuring Items |
(9)
|
0
|
0
|
0
|
(56)
|
(109)
|
(80)
|
(80)
|
6
|
0
|
2
|
0
|
(5)
|
(1)
|
0
|
0
|
0
|
2
|
0
|
1
|
3
|
6
|
|
Total Other Income |
2
|
3
|
2
|
1
|
1
|
(2)
|
1
|
1
|
(9)
|
(9)
|
1
|
1
|
6
|
6
|
3
|
3
|
1
|
1
|
1
|
(1)
|
(3)
|
(3)
|
|
Pre-Tax Income |
(2)
N/A
|
(38)
-1 623%
|
(50)
-32%
|
(75)
-49%
|
(184)
-147%
|
(221)
-20%
|
(101)
+54%
|
(115)
-13%
|
(26)
+77%
|
(29)
-9%
|
(6)
+80%
|
(11)
-90%
|
(15)
-37%
|
(4)
+71%
|
(6)
-32%
|
(23)
-290%
|
(43)
-92%
|
(34)
+22%
|
(43)
-26%
|
(32)
+26%
|
(25)
+21%
|
(15)
+41%
|
|
Net Income | |||||||||||||||||||||||
Tax Provision |
(3)
|
(4)
|
(4)
|
(3)
|
(1)
|
0
|
(1)
|
(2)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Income from Continuing Operations |
(5)
|
(42)
|
(55)
|
(77)
|
(185)
|
(221)
|
(102)
|
(116)
|
(27)
|
(29)
|
(6)
|
(11)
|
(15)
|
(5)
|
(6)
|
(24)
|
(45)
|
(35)
|
(45)
|
(34)
|
(27)
|
(17)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
|
Net Income (Common) |
(5)
N/A
|
(42)
-704%
|
(55)
-31%
|
(77)
-41%
|
(185)
-139%
|
(220)
-19%
|
(221)
0%
|
(235)
-7%
|
(91)
+61%
|
(97)
-6%
|
(12)
+87%
|
(15)
-19%
|
(15)
-5%
|
(5)
+69%
|
(7)
-38%
|
(24)
-271%
|
(46)
-89%
|
(40)
+13%
|
(53)
-34%
|
(33)
+37%
|
(36)
-8%
|
(25)
+32%
|
|
EPS (Diluted) |
-0.83
N/A
|
-6.63
-699%
|
-8.7
-31%
|
-12.25
-41%
|
-30.29
-147%
|
-34.42
-14%
|
-34.48
0%
|
-36.73
-7%
|
-13.39
+64%
|
-13.23
+1%
|
-1.68
+87%
|
-1.35
+20%
|
-1.2
+11%
|
-0.33
+73%
|
-0.41
-24%
|
-1.02
-149%
|
-1.88
-84%
|
-1.43
+24%
|
-1.89
-32%
|
-1.26
+33%
|
-1.17
+7%
|
-0.79
+32%
|