Polight ASA
OSE:PLT
Income Statement
Earnings Waterfall
Polight ASA
Income Statement
Polight ASA
| Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
|
| Revenue |
0
N/A
|
0
-29%
|
0
-58%
|
0
+17%
|
1
+717%
|
1
+30%
|
1
+8%
|
1
+21%
|
1
0%
|
1
-15%
|
1
+51%
|
2
+13%
|
3
+99%
|
3
+17%
|
4
+3%
|
4
+5%
|
3
-20%
|
4
+33%
|
6
+56%
|
7
+17%
|
10
+36%
|
10
-1%
|
10
-4%
|
13
+37%
|
13
+1%
|
19
+42%
|
24
+25%
|
21
-9%
|
23
+5%
|
17
-26%
|
15
-12%
|
14
-8%
|
10
-29%
|
12
+27%
|
10
-19%
|
13
+32%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
(5)
|
(7)
|
(7)
|
(8)
|
(4)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(8)
|
(11)
|
(9)
|
(10)
|
(9)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
|
| Gross Profit |
0
N/A
|
0
-70%
|
0
N/A
|
(5)
N/A
|
(7)
-38%
|
(7)
+2%
|
(8)
-14%
|
(3)
+63%
|
(0)
+84%
|
(1)
-27%
|
0
N/A
|
1
+46%
|
1
+33%
|
1
+49%
|
2
+26%
|
2
+25%
|
2
+8%
|
3
+33%
|
4
+36%
|
4
+6%
|
6
+39%
|
6
-7%
|
6
+3%
|
8
+41%
|
9
+2%
|
11
+25%
|
13
+18%
|
12
-5%
|
12
+1%
|
8
-33%
|
6
-21%
|
4
-37%
|
1
-75%
|
3
+239%
|
1
-65%
|
4
+199%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(38)
|
(40)
|
(45)
|
(46)
|
(45)
|
(53)
|
(57)
|
(77)
|
(77)
|
(77)
|
(77)
|
(61)
|
(62)
|
(85)
|
(84)
|
(76)
|
(54)
|
(59)
|
(63)
|
(63)
|
(61)
|
(58)
|
(59)
|
(69)
|
(78)
|
(75)
|
(80)
|
(89)
|
(101)
|
(102)
|
(104)
|
(107)
|
(110)
|
(118)
|
(124)
|
(130)
|
|
| Selling, General & Administrative |
(15)
|
(17)
|
(18)
|
(19)
|
(20)
|
(21)
|
(21)
|
(40)
|
(43)
|
(46)
|
(45)
|
(26)
|
(30)
|
(26)
|
(26)
|
(17)
|
(27)
|
(15)
|
(15)
|
(19)
|
(32)
|
(10)
|
(10)
|
(15)
|
(31)
|
(26)
|
(30)
|
(34)
|
(51)
|
(38)
|
(38)
|
(40)
|
(60)
|
(51)
|
(53)
|
(54)
|
|
| Research & Development |
(20)
|
(20)
|
(22)
|
(22)
|
(21)
|
(27)
|
(32)
|
(33)
|
(29)
|
(23)
|
(19)
|
(15)
|
(12)
|
(13)
|
(12)
|
(14)
|
(15)
|
(16)
|
(18)
|
(15)
|
(20)
|
(21)
|
(22)
|
(25)
|
(23)
|
(23)
|
(24)
|
(25)
|
(26)
|
(26)
|
(25)
|
(26)
|
(25)
|
(26)
|
(28)
|
(29)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(5)
|
(8)
|
(29)
|
(30)
|
(30)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(10)
|
(10)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
|
| Other Operating Expenses |
(2)
|
(2)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(6)
|
(11)
|
(14)
|
(11)
|
(18)
|
(16)
|
(14)
|
0
|
(15)
|
(18)
|
(17)
|
3
|
(16)
|
(14)
|
(18)
|
(13)
|
(16)
|
(17)
|
(20)
|
(14)
|
(29)
|
(31)
|
(31)
|
(14)
|
(31)
|
(33)
|
(37)
|
|
| Operating Income |
(37)
N/A
|
(40)
-6%
|
(45)
-14%
|
(51)
-13%
|
(52)
-3%
|
(60)
-14%
|
(65)
-9%
|
(80)
-24%
|
(77)
+4%
|
(77)
0%
|
(77)
+1%
|
(60)
+22%
|
(61)
-2%
|
(83)
-37%
|
(82)
+1%
|
(73)
+11%
|
(51)
+30%
|
(55)
-8%
|
(58)
-5%
|
(59)
0%
|
(54)
+7%
|
(53)
+3%
|
(53)
0%
|
(60)
-14%
|
(69)
-15%
|
(64)
+8%
|
(68)
-6%
|
(77)
-14%
|
(88)
-15%
|
(94)
-6%
|
(98)
-4%
|
(102)
-5%
|
(109)
-6%
|
(115)
-6%
|
(123)
-7%
|
(127)
-3%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
1
|
1
|
2
|
2
|
(0)
|
1
|
1
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
0
|
(1)
|
0
|
2
|
(0)
|
0
|
1
|
3
|
4
|
6
|
6
|
7
|
7
|
7
|
9
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
(0)
|
0
|
0
|
2
|
0
|
0
|
1
|
1
|
0
|
1
|
1
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
1
|
1
|
0
|
(0)
|
1
|
0
|
1
|
(0)
|
0
|
1
|
1
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
(0)
|
|
| Pre-Tax Income |
(37)
N/A
|
(38)
-4%
|
(43)
-13%
|
(48)
-11%
|
(51)
-5%
|
(58)
-15%
|
(64)
-10%
|
(80)
-26%
|
(77)
+4%
|
(77)
0%
|
(76)
+1%
|
(59)
+23%
|
(78)
-32%
|
(82)
-6%
|
(82)
+1%
|
(73)
+11%
|
(51)
+30%
|
(55)
-7%
|
(58)
-6%
|
(58)
-1%
|
(53)
+8%
|
(51)
+4%
|
(52)
-1%
|
(59)
-13%
|
(68)
-15%
|
(63)
+7%
|
(66)
-5%
|
(74)
-13%
|
(85)
-15%
|
(90)
-5%
|
(92)
-3%
|
(96)
-5%
|
(102)
-5%
|
(108)
-6%
|
(115)
-7%
|
(118)
-2%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||
| Tax Provision |
(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)
|
|
| Income from Continuing Operations |
(37)
|
(39)
|
(44)
|
(48)
|
(51)
|
(58)
|
(64)
|
(80)
|
(77)
|
(77)
|
(76)
|
(59)
|
(78)
|
(82)
|
(82)
|
(73)
|
(51)
|
(55)
|
(58)
|
(58)
|
(53)
|
(51)
|
(52)
|
(59)
|
(68)
|
(63)
|
(66)
|
(75)
|
(85)
|
(90)
|
(92)
|
(97)
|
(102)
|
(108)
|
(116)
|
(118)
|
|
| 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) |
(37)
N/A
|
(39)
-5%
|
(44)
-13%
|
(48)
-11%
|
(51)
-5%
|
(58)
-15%
|
(64)
-10%
|
(80)
-26%
|
(77)
+4%
|
(77)
0%
|
(76)
+1%
|
(59)
+23%
|
(78)
-32%
|
(82)
-6%
|
(82)
+1%
|
(73)
+11%
|
(51)
+30%
|
(55)
-7%
|
(58)
-6%
|
(58)
-1%
|
(53)
+9%
|
(51)
+4%
|
(52)
-1%
|
(59)
-13%
|
(68)
-15%
|
(63)
+7%
|
(66)
-5%
|
(75)
-13%
|
(85)
-14%
|
(90)
-5%
|
(92)
-3%
|
(97)
-5%
|
(102)
-5%
|
(108)
-6%
|
(116)
-7%
|
(118)
-2%
|
|
| EPS (Diluted) |
-1.34
N/A
|
-1.31
+2%
|
-1.49
-14%
|
-1.65
-11%
|
-1.85
-12%
|
-1.98
-7%
|
-2.17
-10%
|
-2.78
-28%
|
-2.51
+10%
|
-1.75
+30%
|
-1.73
+1%
|
-1.36
+21%
|
-1.9
-40%
|
-1.87
+2%
|
-1.7
+9%
|
-1.49
+12%
|
-1.08
+28%
|
-1.11
-3%
|
-1.17
-5%
|
-1.18
-1%
|
-0.8
+32%
|
-0.91
-14%
|
-0.94
-3%
|
-1.05
-12%
|
-0.93
+11%
|
-1.13
-22%
|
-1.01
+11%
|
-1.15
-14%
|
-1.07
+7%
|
-1.03
+4%
|
-0.97
+6%
|
-0.74
+24%
|
-0.97
-31%
|
-0.81
+16%
|
-0.79
+2%
|
-0.54
+32%
|
|