Rakon Ltd
NZX:RAK
Income Statement
Earnings Waterfall
Rakon Ltd
Revenue
|
154.4m
NZD
|
Cost of Revenue
|
-83m
NZD
|
Gross Profit
|
71.4m
NZD
|
Operating Expenses
|
-60.2m
NZD
|
Operating Income
|
11.2m
NZD
|
Other Expenses
|
-3.5m
NZD
|
Net Income
|
7.7m
NZD
|
Income Statement
Rakon Ltd
Mar-2007 | Sep-2007 | Mar-2008 | 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 | Mar-2016 | Sep-2016 | Mar-2017 | Sep-2017 | Mar-2018 | Sep-2018 | Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||
Revenue |
106
N/A
|
145
+37%
|
174
+20%
|
164
-6%
|
139
-15%
|
132
-5%
|
145
+9%
|
167
+15%
|
189
+13%
|
189
+0%
|
178
-6%
|
173
-3%
|
176
+2%
|
167
-5%
|
150
-10%
|
131
-13%
|
131
+0%
|
128
-3%
|
113
-12%
|
101
-11%
|
95
-6%
|
97
+2%
|
101
+4%
|
106
+5%
|
114
+7%
|
118
+3%
|
119
+1%
|
122
+2%
|
128
+5%
|
154
+20%
|
172
+12%
|
174
+1%
|
180
+4%
|
154
-14%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||
Cost of Revenue |
(64)
|
(90)
|
(108)
|
(102)
|
(86)
|
(86)
|
(97)
|
(112)
|
(131)
|
(137)
|
(126)
|
(121)
|
(134)
|
(133)
|
(121)
|
(101)
|
(90)
|
(79)
|
(65)
|
(60)
|
(61)
|
(60)
|
(58)
|
(58)
|
(62)
|
(64)
|
(67)
|
(69)
|
(69)
|
(79)
|
(82)
|
(84)
|
(92)
|
(83)
|
|
Gross Profit |
42
N/A
|
56
+32%
|
66
+20%
|
62
-6%
|
53
-14%
|
46
-13%
|
47
+3%
|
55
+16%
|
58
+5%
|
52
-10%
|
52
-1%
|
52
0%
|
43
-18%
|
34
-20%
|
29
-15%
|
30
+3%
|
42
+41%
|
49
+17%
|
48
-2%
|
41
-15%
|
34
-17%
|
37
+10%
|
43
+17%
|
48
+10%
|
52
+8%
|
53
+3%
|
52
-2%
|
53
+2%
|
59
+11%
|
75
+28%
|
90
+20%
|
90
+0%
|
89
-1%
|
71
-20%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||
Operating Expenses |
(26)
|
(40)
|
(51)
|
(53)
|
(56)
|
(53)
|
(50)
|
(50)
|
(47)
|
(46)
|
(53)
|
(54)
|
(49)
|
(53)
|
(58)
|
(51)
|
(46)
|
(43)
|
(47)
|
(46)
|
(37)
|
(41)
|
(39)
|
(43)
|
(46)
|
(56)
|
(49)
|
(48)
|
(50)
|
(50)
|
(48)
|
(45)
|
(58)
|
(60)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(22)
|
(45)
|
(49)
|
(47)
|
(39)
|
(35)
|
(33)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(35)
|
(18)
|
(38)
|
(41)
|
(42)
|
(40)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(15)
|
(15)
|
(14)
|
(12)
|
(11)
|
(12)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
(6)
|
(12)
|
(12)
|
(17)
|
(19)
|
|
Other Operating Expenses |
(26)
|
(40)
|
(51)
|
(53)
|
(56)
|
(53)
|
(50)
|
(50)
|
(47)
|
(46)
|
(53)
|
(24)
|
11
|
10
|
2
|
0
|
0
|
1
|
(47)
|
(46)
|
(37)
|
(41)
|
(39)
|
(43)
|
(46)
|
(56)
|
(49)
|
(48)
|
(1)
|
(25)
|
2
|
8
|
0
|
(1)
|
|
Operating Income |
16
N/A
|
15
-5%
|
16
+3%
|
10
-38%
|
(2)
N/A
|
(7)
-181%
|
(3)
+60%
|
5
N/A
|
11
+134%
|
6
-43%
|
(1)
N/A
|
(2)
-75%
|
(6)
-243%
|
(19)
-209%
|
(30)
-53%
|
(21)
+27%
|
(4)
+80%
|
6
N/A
|
1
-78%
|
(5)
N/A
|
(3)
+44%
|
(4)
-28%
|
5
N/A
|
5
-2%
|
5
+13%
|
(3)
N/A
|
4
N/A
|
5
+45%
|
9
+76%
|
25
+181%
|
42
+67%
|
45
+7%
|
30
-33%
|
11
-63%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
1
|
1
|
3
|
10
|
2
|
(2)
|
5
|
1
|
(2)
|
(1)
|
(1)
|
1
|
1
|
(0)
|
2
|
5
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(1)
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
(2)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
1
|
0
|
(0)
|
1
|
1
|
(17)
|
(25)
|
(20)
|
(12)
|
1
|
1
|
(0)
|
(0)
|
(7)
|
0
|
9
|
9
|
(0)
|
0
|
0
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
16
N/A
|
16
+2%
|
16
+1%
|
13
-21%
|
8
-40%
|
(5)
N/A
|
(5)
+8%
|
11
N/A
|
12
+16%
|
4
-64%
|
(1)
N/A
|
(2)
-110%
|
(23)
-921%
|
(42)
-86%
|
(49)
-17%
|
(32)
+36%
|
2
N/A
|
6
+280%
|
(1)
N/A
|
(8)
-777%
|
(13)
-79%
|
(7)
+48%
|
11
N/A
|
12
+9%
|
5
-54%
|
(2)
N/A
|
3
N/A
|
7
+127%
|
11
+50%
|
25
+124%
|
42
+68%
|
45
+7%
|
31
-30%
|
9
-71%
|
|
Net Income | |||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(6)
|
(6)
|
(6)
|
(3)
|
1
|
(1)
|
(4)
|
(4)
|
(2)
|
1
|
0
|
(2)
|
(3)
|
(1)
|
(1)
|
2
|
2
|
(1)
|
(1)
|
(0)
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
1
|
(0)
|
(2)
|
(1)
|
(9)
|
(15)
|
(8)
|
(1)
|
|
Income from Continuing Operations |
10
|
11
|
11
|
7
|
4
|
(4)
|
(5)
|
6
|
8
|
3
|
(0)
|
(2)
|
(25)
|
(45)
|
(51)
|
(32)
|
3
|
8
|
(2)
|
(9)
|
(14)
|
(7)
|
10
|
11
|
3
|
(4)
|
4
|
7
|
10
|
24
|
33
|
30
|
23
|
8
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
4
|
4
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
10
N/A
|
11
+2%
|
11
+2%
|
7
-34%
|
5
-36%
|
(4)
N/A
|
(5)
-49%
|
7
N/A
|
9
+35%
|
3
-67%
|
(0)
N/A
|
(3)
-1 716%
|
(32)
-819%
|
(70)
-122%
|
(79)
-12%
|
(40)
+49%
|
3
N/A
|
8
+139%
|
(2)
N/A
|
(9)
-392%
|
(14)
-59%
|
(7)
+49%
|
10
N/A
|
11
+11%
|
3
-70%
|
(4)
N/A
|
4
N/A
|
7
+83%
|
10
+32%
|
24
+148%
|
33
+38%
|
30
-9%
|
23
-23%
|
8
-67%
|
|
EPS (Diluted) |
0.09
N/A
|
0.08
-11%
|
0.08
N/A
|
0.06
-25%
|
0.04
-33%
|
-0.03
N/A
|
-0.02
+33%
|
0.03
N/A
|
0.05
+67%
|
0.02
-60%
|
0
N/A
|
-0.01
N/A
|
-0.16
-1 500%
|
-0.37
-131%
|
-0.41
-11%
|
-0.21
+49%
|
0.02
N/A
|
0.04
+100%
|
-0.01
N/A
|
-0.04
-300%
|
-0.07
-75%
|
-0.04
+43%
|
0.04
N/A
|
0.05
+25%
|
0.01
-80%
|
-0.02
N/A
|
0.02
N/A
|
0.03
+50%
|
0.04
+33%
|
0.11
+175%
|
0.15
+36%
|
0.13
-13%
|
0.1
-23%
|
0.03
-70%
|