Shelf Drilling Ltd
OSE:SHLF
Income Statement
Earnings Waterfall
Shelf Drilling Ltd
Income Statement
Shelf Drilling Ltd
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||
| Interest Expense |
80
|
92
|
88
|
87
|
84
|
93
|
103
|
105
|
107
|
88
|
81
|
80
|
81
|
82
|
85
|
87
|
90
|
97
|
101
|
103
|
103
|
0
|
0
|
0
|
111
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
684
N/A
|
651
-5%
|
624
-4%
|
583
-7%
|
572
-2%
|
573
+0%
|
583
+2%
|
605
+4%
|
613
+1%
|
613
0%
|
598
-3%
|
569
-5%
|
576
+1%
|
610
+6%
|
628
+3%
|
624
-1%
|
585
-6%
|
534
-9%
|
509
-5%
|
512
+1%
|
527
+3%
|
553
+5%
|
573
+4%
|
609
+6%
|
695
+14%
|
723
+4%
|
786
+9%
|
888
+13%
|
908
+2%
|
979
+8%
|
999
+2%
|
999
0%
|
985
-1%
|
976
-1%
|
983
+1%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(354)
|
(319)
|
(306)
|
(301)
|
(320)
|
(342)
|
(356)
|
(367)
|
(358)
|
(360)
|
(364)
|
(369)
|
(367)
|
(375)
|
(367)
|
(355)
|
(341)
|
(315)
|
(314)
|
(319)
|
(324)
|
(335)
|
(343)
|
(347)
|
(386)
|
(429)
|
(460)
|
(500)
|
(513)
|
(533)
|
(555)
|
(559)
|
(553)
|
(534)
|
(522)
|
|
| Gross Profit |
331
N/A
|
332
+0%
|
318
-4%
|
282
-11%
|
252
-11%
|
231
-8%
|
227
-2%
|
238
+5%
|
255
+7%
|
253
-1%
|
234
-8%
|
200
-14%
|
209
+5%
|
235
+12%
|
261
+11%
|
269
+3%
|
244
-9%
|
219
-10%
|
195
-11%
|
193
-1%
|
203
+5%
|
218
+7%
|
231
+6%
|
262
+14%
|
310
+18%
|
293
-5%
|
326
+11%
|
388
+19%
|
395
+2%
|
446
+13%
|
444
0%
|
440
-1%
|
432
-2%
|
443
+3%
|
462
+4%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(210)
|
(204)
|
(201)
|
(195)
|
(189)
|
(198)
|
(218)
|
(230)
|
(231)
|
(227)
|
(209)
|
(205)
|
(209)
|
(207)
|
(194)
|
(176)
|
(163)
|
(149)
|
(152)
|
(153)
|
(151)
|
(158)
|
(160)
|
(169)
|
(184)
|
(188)
|
(195)
|
(209)
|
(209)
|
(222)
|
(235)
|
(244)
|
(225)
|
(224)
|
(215)
|
|
| Selling, General & Administrative |
(47)
|
(44)
|
(46)
|
(50)
|
(44)
|
(47)
|
(60)
|
(63)
|
(61)
|
(60)
|
(45)
|
(47)
|
(51)
|
(53)
|
(53)
|
(49)
|
(46)
|
(42)
|
(45)
|
(47)
|
(46)
|
(49)
|
(49)
|
(50)
|
(57)
|
(60)
|
(61)
|
(68)
|
(64)
|
(67)
|
(68)
|
(65)
|
(67)
|
(66)
|
(64)
|
|
| Depreciation & Amortization |
(72)
|
(72)
|
(74)
|
(77)
|
(81)
|
(84)
|
(86)
|
(87)
|
(87)
|
(85)
|
(84)
|
(83)
|
(83)
|
(82)
|
(78)
|
(75)
|
(70)
|
(66)
|
(66)
|
(66)
|
(66)
|
(64)
|
(62)
|
(60)
|
(62)
|
(67)
|
(73)
|
(80)
|
(83)
|
(86)
|
(87)
|
(86)
|
(86)
|
(86)
|
(85)
|
|
| Other Operating Expenses |
(92)
|
(88)
|
(81)
|
(68)
|
(65)
|
(67)
|
(72)
|
(80)
|
(83)
|
(82)
|
(80)
|
(76)
|
(75)
|
(72)
|
(63)
|
(52)
|
(47)
|
(41)
|
(41)
|
(41)
|
(39)
|
(45)
|
(49)
|
(58)
|
(64)
|
(61)
|
(61)
|
(61)
|
(62)
|
(69)
|
(82)
|
(95)
|
(72)
|
(73)
|
(66)
|
|
| Operating Income |
120
N/A
|
128
+7%
|
117
-9%
|
87
-26%
|
63
-27%
|
33
-47%
|
9
-73%
|
8
-12%
|
25
+206%
|
26
+5%
|
25
-2%
|
(5)
N/A
|
1
N/A
|
28
+3 153%
|
67
+141%
|
92
+38%
|
81
-12%
|
69
-14%
|
44
-37%
|
39
-10%
|
51
+31%
|
59
+15%
|
70
+18%
|
94
+33%
|
126
+34%
|
105
-16%
|
131
+25%
|
179
+36%
|
186
+4%
|
225
+21%
|
208
-7%
|
195
-6%
|
207
+6%
|
220
+6%
|
247
+12%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(80)
|
(92)
|
(88)
|
(86)
|
(83)
|
(91)
|
(102)
|
(104)
|
(105)
|
(86)
|
(79)
|
(79)
|
(80)
|
(81)
|
(84)
|
(87)
|
(90)
|
(97)
|
(101)
|
(103)
|
(103)
|
(100)
|
(100)
|
(103)
|
(110)
|
(121)
|
(128)
|
(134)
|
(138)
|
(140)
|
(143)
|
(145)
|
(145)
|
(144)
|
(143)
|
|
| Non-Reccuring Items |
(52)
|
(52)
|
(85)
|
(83)
|
(34)
|
(34)
|
(0)
|
(0)
|
(42)
|
(39)
|
(38)
|
(39)
|
(57)
|
(248)
|
(247)
|
(241)
|
(246)
|
(60)
|
(60)
|
(69)
|
(10)
|
(7)
|
(7)
|
(7)
|
(7)
|
(4)
|
(3)
|
(1)
|
(30)
|
(31)
|
(42)
|
(1)
|
24
|
29
|
37
|
|
| Total Other Income |
2
|
1
|
1
|
1
|
(3)
|
(2)
|
(1)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
2
|
2
|
2
|
3
|
2
|
2
|
(2)
|
(4)
|
(6)
|
(10)
|
(8)
|
(10)
|
(3)
|
1
|
1
|
|
| Pre-Tax Income |
(10)
N/A
|
(15)
-50%
|
(55)
-262%
|
(82)
-49%
|
(57)
+30%
|
(94)
-65%
|
(95)
-1%
|
(96)
-2%
|
(122)
-27%
|
(101)
+18%
|
(94)
+7%
|
(124)
-32%
|
(137)
-10%
|
(302)
-121%
|
(264)
+12%
|
(236)
+11%
|
(255)
-8%
|
(90)
+65%
|
(119)
-33%
|
(133)
-12%
|
(60)
+55%
|
(46)
+23%
|
(36)
+23%
|
(14)
+60%
|
10
N/A
|
(18)
N/A
|
(2)
+88%
|
39
N/A
|
13
-67%
|
43
+234%
|
15
-65%
|
39
+158%
|
84
+113%
|
104
+24%
|
142
+37%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||
| Tax Provision |
(20)
|
(19)
|
(13)
|
(12)
|
(14)
|
(14)
|
(20)
|
(22)
|
(14)
|
(11)
|
(10)
|
(5)
|
(13)
|
(19)
|
(19)
|
(19)
|
(20)
|
(17)
|
(18)
|
(19)
|
(18)
|
(21)
|
(25)
|
(30)
|
(34)
|
(36)
|
(35)
|
(32)
|
(30)
|
(30)
|
(30)
|
(32)
|
(32)
|
(35)
|
(33)
|
|
| Income from Continuing Operations |
(30)
|
(34)
|
(68)
|
(93)
|
(71)
|
(108)
|
(114)
|
(119)
|
(136)
|
(111)
|
(104)
|
(129)
|
(150)
|
(321)
|
(283)
|
(255)
|
(275)
|
(106)
|
(137)
|
(152)
|
(79)
|
(67)
|
(61)
|
(45)
|
(24)
|
(54)
|
(37)
|
7
|
(17)
|
13
|
(15)
|
8
|
53
|
71
|
110
|
|
| 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
|
(5)
|
(4)
|
(2)
|
1
|
10
|
17
|
28
|
32
|
29
|
20
|
7
|
|
| Net Income (Common) |
(30)
N/A
|
(38)
-26%
|
(76)
-102%
|
(106)
-39%
|
(88)
+17%
|
(126)
-43%
|
(133)
-5%
|
(133)
0%
|
(146)
-10%
|
(116)
+20%
|
(104)
+11%
|
(129)
-25%
|
(150)
-16%
|
(321)
-115%
|
(283)
+12%
|
(255)
+10%
|
(275)
-8%
|
(106)
+61%
|
(137)
-29%
|
(152)
-11%
|
(79)
+48%
|
(67)
+15%
|
(61)
+9%
|
(45)
+27%
|
(29)
+35%
|
(58)
-100%
|
(39)
+32%
|
8
N/A
|
(8)
N/A
|
30
N/A
|
14
-55%
|
41
+201%
|
81
+100%
|
91
+12%
|
117
+29%
|
|
| EPS (Diluted) |
-0.36
N/A
|
-0.46
-28%
|
-0.92
-100%
|
-1.27
-38%
|
-1.08
+15%
|
-1.55
-44%
|
-1.58
-2%
|
-1.19
+25%
|
-1.49
-25%
|
-1.04
+30%
|
-0.81
+22%
|
-0.93
-15%
|
-1.16
-25%
|
-2.35
-103%
|
-2.06
+12%
|
-1.86
+10%
|
-2.01
-8%
|
-0.78
+61%
|
-1.01
-29%
|
-1.11
-10%
|
-0.57
+49%
|
-0.49
+14%
|
-0.44
+10%
|
-0.25
+43%
|
-0.18
+28%
|
-0.3
-67%
|
-0.21
+30%
|
0.02
N/A
|
-0.04
N/A
|
0.15
N/A
|
0.07
-53%
|
0.17
+143%
|
0.35
+106%
|
0.34
-3%
|
0.45
+32%
|
|