Property for Industry Ltd
NZX:PFI
Income Statement
Earnings Waterfall
Property for Industry Ltd
Revenue
|
115.6m
NZD
|
Cost of Revenue
|
-22.7m
NZD
|
Gross Profit
|
92.9m
NZD
|
Operating Expenses
|
-10.3m
NZD
|
Operating Income
|
82.6m
NZD
|
Other Expenses
|
-180.3m
NZD
|
Net Income
|
-97.8m
NZD
|
Income Statement
Property for Industry Ltd
Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | 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 |
27
N/A
|
28
+1%
|
28
+2%
|
29
+3%
|
30
+2%
|
31
+3%
|
31
+1%
|
31
+1%
|
24
-22%
|
24
+1%
|
24
0%
|
32
+33%
|
32
-1%
|
32
-1%
|
31
0%
|
8
-75%
|
16
+98%
|
16
-2%
|
15
-3%
|
40
+168%
|
82
+104%
|
87
+6%
|
90
+4%
|
93
+3%
|
96
+4%
|
97
+1%
|
98
+1%
|
102
+5%
|
109
+6%
|
111
+2%
|
111
+0%
|
112
+1%
|
116
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(6)
|
(11)
|
(11)
|
(13)
|
(14)
|
(15)
|
(16)
|
(16)
|
(16)
|
(17)
|
(17)
|
(18)
|
(19)
|
(23)
|
|
Gross Profit |
27
N/A
|
27
+2%
|
28
+2%
|
29
+3%
|
29
+2%
|
30
+2%
|
30
+1%
|
31
+2%
|
24
-22%
|
24
-1%
|
23
-1%
|
31
+33%
|
30
-2%
|
31
+0%
|
30
-1%
|
8
-74%
|
15
+98%
|
15
N/A
|
15
-5%
|
34
+135%
|
71
+108%
|
75
+6%
|
77
+3%
|
79
+2%
|
81
+3%
|
81
0%
|
81
+0%
|
86
+6%
|
92
+7%
|
94
+2%
|
93
0%
|
93
+0%
|
93
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(2)
|
(1)
|
(1)
|
(3)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(7)
|
(5)
|
(9)
|
(10)
|
(10)
|
|
Selling, General & Administrative |
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(10)
|
(10)
|
|
Depreciation & Amortization |
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)
|
(1)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
|
Operating Income |
23
N/A
|
24
+1%
|
24
+2%
|
25
+4%
|
26
+2%
|
26
+2%
|
26
+0%
|
26
+0%
|
21
-22%
|
21
+0%
|
21
+1%
|
28
+34%
|
28
-1%
|
28
+0%
|
28
-1%
|
7
-75%
|
14
+100%
|
14
+2%
|
13
-6%
|
31
+135%
|
65
+110%
|
71
+8%
|
73
+3%
|
74
+2%
|
76
+3%
|
76
-1%
|
76
0%
|
80
+6%
|
85
+6%
|
88
+4%
|
85
-4%
|
84
-1%
|
83
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Interest Income Expense |
(6)
|
(6)
|
(7)
|
27
|
27
|
27
|
28
|
22
|
21
|
(10)
|
(58)
|
(60)
|
(80)
|
(49)
|
(35)
|
(3)
|
(5)
|
(2)
|
(3)
|
(1)
|
27
|
27
|
50
|
65
|
113
|
80
|
55
|
317
|
387
|
163
|
(62)
|
(156)
|
(181)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(0)
|
0
|
0
|
1
|
3
|
5
|
3
|
1
|
(29)
|
(29)
|
0
|
1
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
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
|
1
|
1
|
0
|
1
|
0
|
0
|
(43)
|
(43)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
|
Pre-Tax Income |
17
N/A
|
18
+4%
|
18
+0%
|
53
+195%
|
54
+2%
|
54
+0%
|
55
+2%
|
48
-13%
|
41
-13%
|
11
-75%
|
(37)
N/A
|
(32)
+13%
|
(52)
-63%
|
(21)
+59%
|
(8)
+61%
|
4
N/A
|
8
+126%
|
12
+49%
|
11
-14%
|
(13)
N/A
|
50
N/A
|
98
+98%
|
122
+25%
|
140
+14%
|
190
+36%
|
159
-16%
|
136
-15%
|
400
+195%
|
473
+18%
|
223
-53%
|
(7)
N/A
|
(74)
-1 026%
|
(99)
-34%
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(4)
|
(1)
|
(2)
|
2
|
0
|
(1)
|
(0)
|
(4)
|
32
|
31
|
(1)
|
(1)
|
7
|
2
|
(11)
|
(12)
|
(13)
|
(14)
|
(13)
|
(22)
|
(29)
|
(20)
|
(20)
|
(7)
|
5
|
1
|
|
Income from Continuing Operations |
14
|
14
|
14
|
47
|
47
|
47
|
48
|
44
|
40
|
9
|
(35)
|
(32)
|
(54)
|
(21)
|
(13)
|
36
|
40
|
11
|
10
|
(6)
|
52
|
87
|
110
|
127
|
176
|
146
|
113
|
371
|
453
|
203
|
(14)
|
(68)
|
(98)
|
|
Net Income (Common) |
14
N/A
|
14
0%
|
14
+0%
|
47
+242%
|
47
-1%
|
47
+1%
|
48
+1%
|
44
-7%
|
40
-9%
|
9
-79%
|
(35)
N/A
|
(32)
+10%
|
(54)
-69%
|
(21)
+60%
|
(13)
+42%
|
36
N/A
|
40
+11%
|
11
-72%
|
10
-15%
|
(6)
N/A
|
52
N/A
|
87
+68%
|
110
+27%
|
127
+15%
|
176
+39%
|
146
-17%
|
113
-22%
|
371
+227%
|
453
+22%
|
203
-55%
|
(14)
N/A
|
(68)
-389%
|
(98)
-43%
|
|
EPS (Diluted) |
0.08
N/A
|
0.08
N/A
|
0.08
N/A
|
0.24
+200%
|
0.24
N/A
|
0.24
N/A
|
0.24
N/A
|
0.22
-8%
|
0.19
-14%
|
0.04
-79%
|
-0.17
N/A
|
-0.15
+12%
|
-0.25
-67%
|
-0.1
+60%
|
-0.06
+40%
|
0.16
N/A
|
0.18
+13%
|
0.05
-72%
|
0.04
-20%
|
-0.01
N/A
|
0.11
N/A
|
0.18
+64%
|
0.22
+22%
|
0.25
+14%
|
0.35
+40%
|
0.29
-17%
|
0.23
-21%
|
0.74
+222%
|
0.9
+22%
|
0.4
-56%
|
-0.03
N/A
|
-0.13
-333%
|
-0.19
-46%
|