Comvita Ltd
NZX:CVT
Income Statement
Earnings Waterfall
Comvita Ltd
Revenue
|
225.4m
NZD
|
Cost of Revenue
|
-96.9m
NZD
|
Gross Profit
|
128.6m
NZD
|
Operating Expenses
|
-114.1m
NZD
|
Operating Income
|
14.4m
NZD
|
Other Expenses
|
-10.7m
NZD
|
Net Income
|
3.7m
NZD
|
Income Statement
Comvita Ltd
Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Sep-2008 | Mar-2009 | Sep-2009 | Mar-2010 | Sep-2010 | Mar-2011 | Sep-2011 | Mar-2012 | Sep-2012 | Mar-2013 | Sep-2013 | Mar-2014 | Sep-2014 | Mar-2015 | Sep-2015 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||
Revenue |
28
N/A
|
28
+2%
|
31
+11%
|
35
+12%
|
39
+12%
|
40
+2%
|
32
-21%
|
71
+126%
|
80
+12%
|
85
+6%
|
81
-4%
|
82
+1%
|
87
+6%
|
96
+10%
|
100
+4%
|
104
+4%
|
101
-2%
|
115
+14%
|
132
+14%
|
153
+16%
|
184
+21%
|
58
-69%
|
156
+170%
|
182
+17%
|
178
-2%
|
173
-3%
|
171
-1%
|
187
+9%
|
196
+5%
|
201
+3%
|
192
-5%
|
198
+3%
|
209
+6%
|
216
+3%
|
234
+8%
|
225
-4%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
(12)
|
(16)
|
(34)
|
(38)
|
(41)
|
(38)
|
(36)
|
(37)
|
(42)
|
(44)
|
(46)
|
(45)
|
(55)
|
(69)
|
(81)
|
(97)
|
(32)
|
(94)
|
(109)
|
(105)
|
(103)
|
(107)
|
(120)
|
(105)
|
(97)
|
(88)
|
(83)
|
(83)
|
(80)
|
(98)
|
(97)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
7
N/A
|
16
+119%
|
38
+136%
|
42
+12%
|
44
+4%
|
43
-1%
|
46
+6%
|
50
+9%
|
54
+8%
|
55
+3%
|
58
+4%
|
56
-2%
|
60
+7%
|
62
+3%
|
72
+15%
|
87
+22%
|
26
-71%
|
62
+143%
|
72
+16%
|
73
+1%
|
69
-5%
|
64
-8%
|
68
+6%
|
91
+35%
|
104
+14%
|
103
-1%
|
114
+11%
|
126
+10%
|
136
+8%
|
136
0%
|
129
-5%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||
Operating Expenses |
(25)
|
(26)
|
(28)
|
(31)
|
(35)
|
(27)
|
(15)
|
(32)
|
(33)
|
(33)
|
(36)
|
(37)
|
(38)
|
(40)
|
(42)
|
(46)
|
(49)
|
(51)
|
(52)
|
(59)
|
(63)
|
(29)
|
(61)
|
(51)
|
(63)
|
(65)
|
(70)
|
(78)
|
(88)
|
(87)
|
(91)
|
(100)
|
(106)
|
(111)
|
(123)
|
(114)
|
|
Selling, General & Administrative |
0
|
(0)
|
0
|
0
|
0
|
(7)
|
(15)
|
(31)
|
(32)
|
(32)
|
(34)
|
(34)
|
(35)
|
(39)
|
(40)
|
(45)
|
(47)
|
(47)
|
(53)
|
(56)
|
(65)
|
(28)
|
(55)
|
(60)
|
(60)
|
(67)
|
(69)
|
(83)
|
(90)
|
(90)
|
(94)
|
(103)
|
(108)
|
(113)
|
(121)
|
(123)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(4)
|
(3)
|
(2)
|
(2)
|
(1)
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
(3)
|
(6)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
(1)
|
0
|
0
|
(2)
|
0
|
(2)
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(24)
|
(25)
|
(27)
|
(31)
|
(35)
|
(19)
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
3
|
1
|
6
|
0
|
1
|
15
|
2
|
5
|
3
|
6
|
2
|
4
|
3
|
3
|
2
|
2
|
1
|
14
|
|
Operating Income |
3
N/A
|
2
-10%
|
3
+28%
|
4
+23%
|
4
+2%
|
1
-75%
|
1
-13%
|
6
+539%
|
9
+60%
|
10
+17%
|
7
-31%
|
9
+28%
|
12
+34%
|
14
+11%
|
13
-3%
|
11
-15%
|
7
-38%
|
9
+34%
|
10
+9%
|
13
+26%
|
25
+92%
|
(4)
N/A
|
1
N/A
|
22
+1 512%
|
10
-53%
|
5
-53%
|
(7)
N/A
|
(10)
-61%
|
4
N/A
|
17
+382%
|
13
-28%
|
14
+13%
|
20
+41%
|
25
+22%
|
13
-47%
|
14
+10%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(4)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(2)
|
(5)
|
(3)
|
1
|
(1)
|
(2)
|
(6)
|
(8)
|
(6)
|
(4)
|
1
|
0
|
(3)
|
(7)
|
(11)
|
(11)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(6)
|
(4)
|
(1)
|
(2)
|
0
|
0
|
2
|
0
|
4
|
0
|
0
|
11
|
0
|
2
|
(1)
|
(19)
|
(24)
|
(8)
|
(4)
|
(0)
|
0
|
0
|
0
|
11
|
(0)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
2
N/A
|
2
-2%
|
3
+31%
|
3
+9%
|
3
+4%
|
0
-97%
|
(1)
N/A
|
1
N/A
|
4
+413%
|
7
+96%
|
4
-50%
|
2
-31%
|
8
+217%
|
12
+54%
|
11
-7%
|
10
-7%
|
6
-38%
|
11
+65%
|
8
-23%
|
14
+77%
|
23
+60%
|
(9)
N/A
|
9
N/A
|
23
+143%
|
11
-51%
|
2
-81%
|
(31)
N/A
|
(43)
-38%
|
(10)
+76%
|
10
N/A
|
13
+30%
|
15
+11%
|
17
+15%
|
17
0%
|
13
-24%
|
3
-77%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
1
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(4)
|
(7)
|
1
|
0
|
(2)
|
(3)
|
(0)
|
3
|
5
|
1
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(2)
|
1
|
|
Income from Continuing Operations |
1
|
1
|
2
|
2
|
2
|
0
|
0
|
1
|
2
|
5
|
1
|
1
|
5
|
9
|
8
|
7
|
4
|
8
|
5
|
10
|
17
|
(7)
|
10
|
21
|
8
|
2
|
(28)
|
(38)
|
(10)
|
7
|
9
|
10
|
13
|
13
|
11
|
4
|
|
Income to Minority Interest |
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
|
|
Net Income (Common) |
1
N/A
|
1
-2%
|
2
+29%
|
2
+18%
|
2
+12%
|
0
-96%
|
0
+138%
|
1
+300%
|
2
+189%
|
5
+125%
|
1
-77%
|
1
-55%
|
5
+958%
|
9
+62%
|
8
-2%
|
7
-12%
|
4
-43%
|
8
+84%
|
6
-26%
|
11
+83%
|
17
+60%
|
(7)
N/A
|
10
N/A
|
21
+110%
|
8
-60%
|
2
-78%
|
(28)
N/A
|
(38)
-37%
|
(10)
+74%
|
7
N/A
|
9
+41%
|
10
+0%
|
13
+34%
|
13
+5%
|
11
-18%
|
4
-67%
|
|
EPS (Diluted) |
0.11
N/A
|
0.09
-18%
|
0.12
+33%
|
0.14
+17%
|
0.15
+7%
|
0.02
-87%
|
0.01
-50%
|
0.03
+200%
|
0.07
+133%
|
0.16
+129%
|
0.03
-81%
|
0.01
-67%
|
0.18
+1 700%
|
0.29
+61%
|
0.28
-3%
|
0.24
-14%
|
0.13
-46%
|
0.25
+92%
|
0.17
-32%
|
0.28
+65%
|
0.41
+46%
|
-0.17
N/A
|
0.22
N/A
|
0.4
+82%
|
0.17
-58%
|
0.04
-76%
|
-0.56
N/A
|
-0.71
-27%
|
-0.19
+73%
|
0.09
N/A
|
0.14
+56%
|
0.14
N/A
|
0.18
+29%
|
0.19
+6%
|
0.16
-16%
|
0.05
-69%
|