Evolve Education Group Ltd
NZX:EVO
Income Statement
Earnings Waterfall
Evolve Education Group Ltd
Revenue
|
59.5m
NZD
|
Cost of Revenue
|
-7.1m
NZD
|
Gross Profit
|
52.4m
NZD
|
Operating Expenses
|
-42.6m
NZD
|
Operating Income
|
9.8m
NZD
|
Other Expenses
|
-53.8m
NZD
|
Net Income
|
-44m
NZD
|
Income Statement
Evolve Education Group Ltd
Mar-2017 | Sep-2017 | Mar-2018 | Sep-2018 | Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
151
N/A
|
146
-4%
|
138
-5%
|
139
+0%
|
137
-1%
|
136
-1%
|
141
+4%
|
137
-3%
|
103
-25%
|
178
+73%
|
158
-11%
|
164
+4%
|
60
-64%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(16)
|
(14)
|
(12)
|
(13)
|
(14)
|
(14)
|
(15)
|
(14)
|
(10)
|
(19)
|
(18)
|
(19)
|
(7)
|
|
Gross Profit |
136
N/A
|
132
-3%
|
126
-4%
|
126
0%
|
124
-2%
|
122
-1%
|
126
+3%
|
123
-3%
|
92
-25%
|
159
+72%
|
140
-12%
|
145
+3%
|
52
-64%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(111)
|
(110)
|
(108)
|
(111)
|
(115)
|
(113)
|
(111)
|
(111)
|
(69)
|
(125)
|
(117)
|
(122)
|
(43)
|
|
Selling, General & Administrative |
(104)
|
(104)
|
(102)
|
(105)
|
(107)
|
(99)
|
(94)
|
(80)
|
(57)
|
(104)
|
(101)
|
(104)
|
(39)
|
|
Depreciation & Amortization |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(8)
|
(14)
|
(14)
|
(11)
|
(18)
|
(15)
|
(15)
|
(3)
|
|
Other Operating Expenses |
(5)
|
(4)
|
(3)
|
(4)
|
(5)
|
(5)
|
(4)
|
(17)
|
(2)
|
(3)
|
(2)
|
(2)
|
(0)
|
|
Operating Income |
24
N/A
|
21
-13%
|
18
-15%
|
14
-20%
|
9
-38%
|
9
+4%
|
14
+55%
|
12
-16%
|
23
+91%
|
33
+46%
|
23
-32%
|
23
0%
|
10
-57%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(11)
|
(19)
|
(19)
|
(13)
|
(22)
|
(20)
|
(22)
|
(9)
|
|
Non-Reccuring Items |
(1)
|
(0)
|
(1)
|
(33)
|
(107)
|
(75)
|
(13)
|
0
|
0
|
(2)
|
(1)
|
(2)
|
(3)
|
|
Pre-Tax Income |
22
N/A
|
19
-14%
|
15
-21%
|
(20)
N/A
|
(101)
-395%
|
(77)
+24%
|
(17)
+77%
|
(7)
+63%
|
10
N/A
|
9
-9%
|
1
-84%
|
(1)
N/A
|
(2)
-108%
|
|
Net Income | ||||||||||||||
Tax Provision |
(6)
|
(5)
|
(4)
|
(3)
|
(2)
|
1
|
4
|
1
|
(3)
|
(2)
|
(1)
|
(0)
|
(1)
|
|
Income from Continuing Operations |
16
|
14
|
11
|
(24)
|
(102)
|
(76)
|
(13)
|
(6)
|
8
|
7
|
1
|
(1)
|
(3)
|
|
Net Income (Common) |
16
N/A
|
11
-30%
|
(4)
N/A
|
(36)
-748%
|
(102)
-184%
|
(76)
+26%
|
(13)
+82%
|
(6)
+58%
|
8
N/A
|
7
-7%
|
1
-89%
|
(1)
N/A
|
(44)
-4 408%
|
|
EPS (Diluted) |
0.33
N/A
|
0.04
-88%
|
-0.1
N/A
|
-0.74
-640%
|
-2.51
-239%
|
-0.84
+67%
|
-0.12
+86%
|
-0.05
+58%
|
0.05
N/A
|
0.06
+20%
|
0
N/A
|
-0.01
N/A
|
-0.27
-2 600%
|