Eurotech Ltd
OTC:EUOT
Income Statement
Earnings Waterfall
Eurotech Ltd
Income Statement
Eurotech Ltd
| Dec-1996 | Mar-1997 | Jun-1997 | Sep-1997 | Dec-1997 | Mar-1998 | Jun-1998 | Sep-1998 | Dec-1998 | Mar-1999 | Jun-1999 | Sep-1999 | Dec-1999 | Mar-2000 | Jun-2000 | Sep-2000 | Dec-2000 | Mar-2001 | Jun-2001 | Sep-2001 | Dec-2001 | Mar-2002 | Jun-2002 | Sep-2002 | Dec-2002 | Mar-2003 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
9
|
2
|
4
|
4
|
5
|
3
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
|
| Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
1
+233%
|
0
-30%
|
0
N/A
|
0
N/A
|
0
-97%
|
0
+90%
|
0
+300%
|
0
+30%
|
0
-10%
|
0
N/A
|
0
+300%
|
|
| Gross Profit | |||||||||||||||||||||||||||
| Cost of Revenue |
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)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
1
N/A
|
0
-30%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
+445%
|
0
N/A
|
0
N/A
|
0
+38%
|
0
+198%
|
|
| Operating Income | |||||||||||||||||||||||||||
| Operating Expenses |
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(7)
|
(9)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(9)
|
(9)
|
(12)
|
|
| Selling, General & Administrative |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
|
| Research & Development |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(5)
|
(3)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Other Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(6)
|
|
| Operating Income |
(3)
N/A
|
(3)
-4%
|
(3)
+14%
|
(3)
+1%
|
(4)
-29%
|
(4)
-5%
|
(4)
-6%
|
(4)
-3%
|
(3)
+28%
|
(3)
+15%
|
(3)
-14%
|
(4)
-22%
|
(5)
-44%
|
(7)
-42%
|
(9)
-24%
|
(9)
-3%
|
(10)
-5%
|
(9)
+7%
|
(9)
+2%
|
(9)
-4%
|
(9)
+5%
|
(9)
-6%
|
(9)
-1%
|
(9)
+3%
|
(9)
+3%
|
(12)
-32%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(9)
|
(2)
|
(4)
|
(4)
|
(5)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
|
| Gain/Loss on Disposition of Assets |
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)
|
|
| Total Other Income |
0
|
(1)
|
(2)
|
(4)
|
0
|
(8)
|
(7)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(3)
N/A
|
(4)
-25%
|
(5)
-7%
|
(7)
-44%
|
(12)
-85%
|
(13)
-6%
|
(15)
-12%
|
(14)
+8%
|
(8)
+43%
|
(6)
+19%
|
(5)
+22%
|
(5)
0%
|
(6)
-32%
|
(8)
-30%
|
(9)
-11%
|
(10)
-6%
|
(10)
+1%
|
(9)
+8%
|
(9)
+2%
|
(9)
-5%
|
(9)
+6%
|
(10)
-10%
|
(9)
+3%
|
(9)
+4%
|
(12)
-38%
|
(12)
+5%
|
|
| 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
|
|
| Income from Continuing Operations |
(3)
|
(4)
|
(5)
|
(7)
|
(12)
|
(13)
|
(15)
|
(14)
|
(8)
|
(6)
|
(5)
|
(5)
|
(6)
|
(8)
|
(9)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(9)
|
(9)
|
(12)
|
(12)
|
|
| 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)
|
|
| Net Income (Common) |
(3)
N/A
|
(4)
-25%
|
(5)
-7%
|
(7)
-44%
|
(12)
-85%
|
(13)
-6%
|
(15)
-12%
|
(14)
+8%
|
(8)
+43%
|
(6)
+19%
|
(5)
+22%
|
(5)
0%
|
(6)
-32%
|
(8)
-30%
|
(9)
-11%
|
(10)
-5%
|
(10)
+0%
|
(9)
+8%
|
(9)
+2%
|
(9)
-5%
|
(9)
+6%
|
(10)
-10%
|
(9)
+3%
|
(11)
-21%
|
(16)
-42%
|
(16)
+1%
|
|
| EPS (Diluted) |
-0.23
N/A
|
-0.24
-4%
|
-0.26
-8%
|
-0.36
-38%
|
-0.71
-97%
|
-0.69
+3%
|
-0.75
-9%
|
-0.7
+7%
|
-0.4
+43%
|
-0.33
+18%
|
-0.25
+24%
|
-0.19
+24%
|
-0.27
-42%
|
-0.2
+26%
|
-0.21
-5%
|
-0.22
-5%
|
-0.23
-5%
|
-0.21
+9%
|
-0.2
+5%
|
-0.18
+10%
|
-0.18
N/A
|
-0.15
+17%
|
-0.13
+13%
|
-0.15
-15%
|
-0.23
-53%
|
-0.16
+30%
|
|