Wah Fu Education Group Ltd
NASDAQ:WAFU
Income Statement
Earnings Waterfall
Wah Fu Education Group Ltd
Income Statement
Wah Fu Education Group Ltd
| Mar-2018 | Sep-2018 | Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | Mar-2024 | Sep-2024 | Mar-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||
| Revenue |
6
N/A
|
6
-3%
|
5
-8%
|
5
-7%
|
6
+14%
|
7
+32%
|
9
+15%
|
10
+17%
|
11
+15%
|
11
-3%
|
11
-4%
|
9
-17%
|
7
-19%
|
6
-12%
|
6
-3%
|
|
| Gross Profit | ||||||||||||||||
| Cost of Revenue |
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
| Gross Profit |
4
N/A
|
3
-7%
|
3
-28%
|
2
-34%
|
2
+36%
|
4
+64%
|
5
+22%
|
6
+22%
|
5
-1%
|
5
-11%
|
6
+18%
|
5
-13%
|
3
-40%
|
2
-16%
|
3
+3%
|
|
| Operating Income | ||||||||||||||||
| Operating Expenses |
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(3)
|
(4)
|
(3)
|
|
| Selling, General & Administrative |
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(3)
|
(4)
|
(3)
|
|
| Operating Income |
1
N/A
|
1
-41%
|
(1)
N/A
|
(3)
-106%
|
(2)
+39%
|
0
N/A
|
1
+581%
|
1
N/A
|
1
-5%
|
1
+41%
|
2
+37%
|
1
-42%
|
(0)
N/A
|
(1)
-351%
|
(0)
+64%
|
|
| Pre-Tax Income | ||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(0)
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
|
| Pre-Tax Income |
1
N/A
|
1
-37%
|
(1)
N/A
|
(2)
-120%
|
(1)
+42%
|
0
N/A
|
1
+314%
|
1
-2%
|
1
-3%
|
2
+46%
|
2
+27%
|
1
-50%
|
(0)
N/A
|
(1)
-273%
|
(0)
+70%
|
|
| Net Income | ||||||||||||||||
| Tax Provision |
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Income from Continuing Operations |
1
|
1
|
(1)
|
(2)
|
(2)
|
0
|
1
|
1
|
1
|
1
|
2
|
1
|
(0)
|
(1)
|
(0)
|
|
| Income to Minority Interest |
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
(0)
|
|
| Net Income (Common) |
1
N/A
|
1
-40%
|
(1)
N/A
|
(2)
-144%
|
(2)
+27%
|
(0)
+95%
|
1
N/A
|
1
+15%
|
1
-5%
|
1
+53%
|
1
-19%
|
0
-71%
|
(0)
N/A
|
(1)
-1 403%
|
(0)
+44%
|
|
| EPS (Diluted) |
0.22
N/A
|
0.13
-41%
|
-0.22
N/A
|
-0.55
-150%
|
-0.39
+29%
|
-0.02
+95%
|
0.16
N/A
|
0.18
+12%
|
0.17
-6%
|
0.25
+47%
|
0.2
-20%
|
0.06
-70%
|
-0.01
N/A
|
-0.19
-1 800%
|
-0.11
+42%
|
|