First Hartford Corp
OTC:FHRT
Income Statement
Earnings Waterfall
First Hartford Corp
Income Statement
First Hartford Corp
| Apr-2009 | Jul-2009 | Oct-2009 | Jan-2010 | Apr-2010 | Jul-2010 | Oct-2010 | Jan-2011 | Apr-2011 | Jul-2011 | Oct-2011 | Jan-2012 | Apr-2012 | Jul-2012 | Oct-2012 | Jan-2013 | Apr-2013 | Jul-2013 | Oct-2013 | Jan-2014 | Apr-2014 | Jul-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||
| Interest Expense |
4
|
4
|
5
|
6
|
7
|
7
|
7
|
7
|
7
|
7
|
8
|
8
|
12
|
12
|
13
|
14
|
11
|
14
|
14
|
14
|
11
|
10
|
10
|
10
|
10
|
10
|
10
|
9
|
9
|
10
|
10
|
10
|
10
|
10
|
10
|
11
|
11
|
11
|
|
| Revenue |
15
N/A
|
18
+14%
|
22
+27%
|
23
+2%
|
23
+2%
|
23
+0%
|
19
-17%
|
20
+4%
|
22
+10%
|
22
+1%
|
26
+16%
|
28
+7%
|
28
+0%
|
41
+49%
|
42
+2%
|
44
+5%
|
39
-11%
|
47
+20%
|
49
+3%
|
49
+1%
|
41
-16%
|
41
+1%
|
40
-3%
|
51
+27%
|
70
+36%
|
70
+1%
|
81
+16%
|
71
-13%
|
62
-13%
|
73
+19%
|
70
-5%
|
86
+23%
|
76
-12%
|
84
+11%
|
79
-6%
|
65
-17%
|
83
+27%
|
80
-4%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(11)
|
(12)
|
(16)
|
(17)
|
(16)
|
(17)
|
(14)
|
(15)
|
(18)
|
(18)
|
(19)
|
(20)
|
(19)
|
(24)
|
(25)
|
(26)
|
(25)
|
(28)
|
(29)
|
(31)
|
(28)
|
(28)
|
(27)
|
(33)
|
(47)
|
(48)
|
(57)
|
(51)
|
(39)
|
(53)
|
(49)
|
(62)
|
(47)
|
(62)
|
(58)
|
(46)
|
(59)
|
(51)
|
|
| Gross Profit |
5
N/A
|
6
+21%
|
6
+8%
|
6
+1%
|
7
+19%
|
6
-12%
|
5
-20%
|
5
-10%
|
4
-15%
|
4
+7%
|
7
+60%
|
8
+18%
|
9
+11%
|
17
+91%
|
17
-2%
|
18
+8%
|
15
-18%
|
19
+27%
|
19
+2%
|
18
-4%
|
13
-30%
|
13
+4%
|
13
-4%
|
18
+42%
|
22
+22%
|
22
-2%
|
24
+12%
|
20
-19%
|
23
+16%
|
21
-11%
|
21
+1%
|
23
+13%
|
28
+21%
|
22
-21%
|
21
-6%
|
20
-7%
|
24
+24%
|
29
+20%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(10)
|
(6)
|
(7)
|
(7)
|
(2)
|
(7)
|
(7)
|
(13)
|
(7)
|
(9)
|
(9)
|
(15)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
|
| Selling, General & Administrative |
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(11)
|
(12)
|
(6)
|
(4)
|
|
| 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
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(8)
|
|
| Operating Income |
0
N/A
|
2
+695%
|
2
+35%
|
3
+21%
|
3
+34%
|
3
-22%
|
1
-46%
|
1
-14%
|
1
-21%
|
1
+32%
|
4
+193%
|
4
+13%
|
5
+18%
|
12
+147%
|
12
-3%
|
13
+10%
|
10
-25%
|
14
+38%
|
14
+2%
|
13
-7%
|
7
-43%
|
4
-53%
|
7
+87%
|
12
+77%
|
15
+32%
|
20
+28%
|
18
-10%
|
13
-27%
|
11
-19%
|
13
+25%
|
12
-8%
|
15
+20%
|
14
-7%
|
12
-14%
|
9
-23%
|
7
-18%
|
12
+57%
|
17
+43%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(6)
|
(6)
|
(6)
|
(4)
|
(6)
|
(7)
|
(6)
|
(7)
|
(6)
|
(6)
|
(6)
|
(7)
|
(6)
|
(14)
|
(15)
|
(15)
|
(10)
|
(12)
|
(12)
|
(12)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(9)
|
(10)
|
(9)
|
(11)
|
(12)
|
(11)
|
(9)
|
(7)
|
(7)
|
(7)
|
(9)
|
(9)
|
(8)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(4)
|
0
|
1
|
1
|
5
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
|
| Total Other Income |
0
|
1
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
3
|
5
|
5
|
5
|
3
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(5)
N/A
|
(4)
+28%
|
(3)
+5%
|
(1)
+64%
|
(2)
-46%
|
(4)
-96%
|
(5)
-32%
|
(5)
-7%
|
(5)
+3%
|
(4)
+15%
|
(2)
+55%
|
(2)
-20%
|
(1)
+54%
|
(2)
-67%
|
(3)
-69%
|
(2)
+39%
|
0
N/A
|
2
+912%
|
2
N/A
|
1
-35%
|
(5)
N/A
|
(5)
-2%
|
(1)
+89%
|
4
N/A
|
14
+241%
|
16
+15%
|
12
-21%
|
9
-30%
|
3
-71%
|
1
-44%
|
2
+22%
|
6
+217%
|
6
+14%
|
5
-17%
|
3
-52%
|
(1)
N/A
|
3
N/A
|
9
+186%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
2
|
2
|
1
|
1
|
(1)
|
(2)
|
(0)
|
(1)
|
(2)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
|
| Income from Continuing Operations |
(5)
|
(4)
|
(4)
|
(2)
|
(2)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(2)
|
(4)
|
(2)
|
(3)
|
(4)
|
(2)
|
0
|
2
|
2
|
1
|
(5)
|
(5)
|
(1)
|
4
|
16
|
18
|
13
|
10
|
2
|
(0)
|
1
|
4
|
4
|
4
|
2
|
(2)
|
2
|
6
|
|
| Income to Minority Interest |
1
|
1
|
1
|
1
|
(0)
|
(0)
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
|
| Equity Earnings Affiliates |
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
|
0
|
0
|
|
| Net Income (Common) |
(4)
N/A
|
(3)
+32%
|
(3)
-3%
|
(1)
+73%
|
(2)
-166%
|
(4)
-88%
|
(5)
-16%
|
(5)
-9%
|
(4)
+14%
|
(3)
+24%
|
(2)
+50%
|
(3)
-53%
|
(1)
+64%
|
(2)
-137%
|
(3)
-43%
|
(2)
+51%
|
0
N/A
|
1
+554%
|
1
-4%
|
1
-32%
|
(5)
N/A
|
(4)
+5%
|
0
N/A
|
4
+1 144%
|
17
+298%
|
18
+10%
|
14
-26%
|
10
-25%
|
2
-83%
|
0
-89%
|
1
+580%
|
4
+163%
|
3
-17%
|
2
-19%
|
0
-90%
|
(2)
N/A
|
2
N/A
|
6
+257%
|
|
| EPS (Diluted) |
-1.36
N/A
|
-0.93
+32%
|
-0.96
-3%
|
-0.26
+73%
|
-0.7
-169%
|
-1.31
-87%
|
-1.52
-16%
|
-1.93
-27%
|
-1.56
+19%
|
-1.3
+17%
|
-0.66
+49%
|
-1.05
-59%
|
-0.38
+64%
|
-0.91
-139%
|
-1.28
-41%
|
-0.63
+51%
|
0.06
N/A
|
0.4
+567%
|
0.41
+2%
|
0.28
-32%
|
-1.93
N/A
|
-1.84
+5%
|
0.13
N/A
|
1.74
+1 238%
|
6.99
+302%
|
7.66
+10%
|
5.7
-26%
|
4.26
-25%
|
0.73
-83%
|
0.1
-86%
|
0.58
+480%
|
1.51
+160%
|
1.26
-17%
|
1.03
-18%
|
0.09
-91%
|
-0.93
N/A
|
0.67
N/A
|
2.42
+261%
|
|