Icts International NV
OTC:ICTSF
Income Statement
Earnings Waterfall
Icts International NV
Income Statement
Icts International NV
| 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 | Jun-2003 | Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
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
|
1
|
0
|
4
|
0
|
4
|
0
|
3
|
0
|
1
|
0
|
1
|
0
|
|
| Revenue |
64
N/A
|
79
+23%
|
97
+22%
|
117
+20%
|
135
+16%
|
140
+4%
|
143
+2%
|
145
+1%
|
147
+2%
|
157
+7%
|
168
+7%
|
182
+8%
|
212
+17%
|
229
+8%
|
272
+19%
|
311
+14%
|
280
-10%
|
238
-15%
|
167
-30%
|
94
-44%
|
72
-23%
|
67
-6%
|
65
-4%
|
63
-3%
|
58
-8%
|
58
-1%
|
57
0%
|
57
0%
|
60
+5%
|
135
+124%
|
298
+121%
|
332
+11%
|
345
+4%
|
341
-1%
|
333
-2%
|
295
-12%
|
248
-16%
|
277
+11%
|
325
+17%
|
327
+0%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(54)
|
(68)
|
(84)
|
(102)
|
(119)
|
(124)
|
(127)
|
(129)
|
(132)
|
(141)
|
(151)
|
(164)
|
(190)
|
(197)
|
(232)
|
(251)
|
(214)
|
(185)
|
(124)
|
(67)
|
(58)
|
(54)
|
(52)
|
(59)
|
(53)
|
(53)
|
(53)
|
(52)
|
(56)
|
(116)
|
(255)
|
(289)
|
(312)
|
(306)
|
(290)
|
(258)
|
(197)
|
(178)
|
(210)
|
(236)
|
|
| Gross Profit |
10
N/A
|
11
+11%
|
13
+13%
|
14
+13%
|
15
+8%
|
16
+5%
|
16
+2%
|
16
-1%
|
16
-3%
|
16
0%
|
17
+7%
|
18
+4%
|
22
+26%
|
33
+48%
|
40
+21%
|
60
+51%
|
66
+10%
|
53
-19%
|
42
-20%
|
27
-37%
|
14
-47%
|
13
-7%
|
13
-3%
|
4
-71%
|
5
+40%
|
5
-9%
|
4
-7%
|
5
+16%
|
4
-23%
|
19
+374%
|
43
+128%
|
43
+0%
|
33
-23%
|
35
+5%
|
43
+23%
|
37
-14%
|
52
+40%
|
98
+89%
|
115
+17%
|
91
-21%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(14)
|
(17)
|
(20)
|
(26)
|
(25)
|
(21)
|
(16)
|
(9)
|
(9)
|
(9)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(29)
|
(34)
|
(39)
|
(40)
|
(38)
|
(51)
|
(44)
|
(49)
|
(63)
|
(69)
|
|
| Selling, General & Administrative |
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(14)
|
(17)
|
(20)
|
(26)
|
(25)
|
(21)
|
(16)
|
(9)
|
(9)
|
(9)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(26)
|
(30)
|
(35)
|
(35)
|
(33)
|
(36)
|
(37)
|
(41)
|
(51)
|
(56)
|
|
| Research & Development |
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
|
(1)
|
(3)
|
(3)
|
(4)
|
0
|
(5)
|
(7)
|
(7)
|
(8)
|
(12)
|
(13)
|
|
| Other Operating Expenses |
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
|
(5)
|
0
|
(8)
|
0
|
0
|
0
|
0
|
|
| Operating Income |
3
N/A
|
3
+7%
|
4
+25%
|
5
+21%
|
5
-1%
|
5
+5%
|
5
+0%
|
5
-14%
|
4
-12%
|
4
-4%
|
4
+8%
|
5
+19%
|
9
+76%
|
19
+117%
|
22
+18%
|
40
+78%
|
40
+0%
|
28
-29%
|
22
-23%
|
11
-51%
|
5
-55%
|
4
-21%
|
3
-11%
|
(8)
N/A
|
(7)
+15%
|
(8)
-10%
|
(8)
+1%
|
(7)
+12%
|
(8)
-23%
|
6
N/A
|
14
+149%
|
9
-34%
|
(5)
N/A
|
(5)
-1%
|
5
N/A
|
(14)
N/A
|
8
N/A
|
49
+511%
|
52
+6%
|
22
-58%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
1
|
(0)
|
3
|
4
|
0
|
2
|
(1)
|
(0)
|
4
|
3
|
2
|
1
|
1
|
1
|
1
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
0
|
(6)
|
0
|
(3)
|
0
|
(2)
|
(0)
|
(2)
|
(1)
|
(2)
|
(1)
|
|
| Non-Reccuring Items |
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(5)
|
(5)
|
(5)
|
(5)
|
(3)
|
(2)
|
(9)
|
(9)
|
(7)
|
(7)
|
(1)
|
(14)
|
(21)
|
(21)
|
(20)
|
0
|
6
|
7
|
7
|
0
|
0
|
0
|
0
|
(2)
|
0
|
(8)
|
0
|
0
|
0
|
(0)
|
0
|
|
| Total Other Income |
(1)
|
(1)
|
(1)
|
(1)
|
1
|
7
|
7
|
7
|
(1)
|
27
|
26
|
26
|
29
|
36
|
37
|
36
|
41
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(3)
|
(3)
|
(3)
|
(3)
|
1
|
(4)
|
0
|
(4)
|
0
|
(4)
|
0
|
(1)
|
(0)
|
(1)
|
0
|
(0)
|
|
| Pre-Tax Income |
2
N/A
|
1
-12%
|
2
+55%
|
3
+56%
|
5
+59%
|
11
+121%
|
11
-1%
|
12
+3%
|
2
-87%
|
29
+1 789%
|
29
-1%
|
26
-11%
|
34
+33%
|
51
+48%
|
57
+12%
|
71
+25%
|
75
+6%
|
23
-69%
|
15
-35%
|
11
-29%
|
(9)
N/A
|
(16)
-80%
|
(18)
-10%
|
(30)
-63%
|
(10)
+65%
|
(5)
+54%
|
(4)
+17%
|
(3)
+18%
|
(9)
-174%
|
2
N/A
|
8
+268%
|
5
-37%
|
(10)
N/A
|
(9)
+10%
|
(6)
+39%
|
(15)
-170%
|
6
N/A
|
48
+693%
|
51
+6%
|
21
-59%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(5)
|
(5)
|
(5)
|
(1)
|
0
|
1
|
1
|
(5)
|
(7)
|
(10)
|
(16)
|
(16)
|
(12)
|
(10)
|
(5)
|
(3)
|
(3)
|
(2)
|
1
|
2
|
1
|
1
|
1
|
(2)
|
(1)
|
2
|
3
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(3)
|
(9)
|
(8)
|
|
| Income from Continuing Operations |
1
|
0
|
1
|
1
|
2
|
6
|
6
|
7
|
1
|
29
|
30
|
26
|
29
|
44
|
47
|
54
|
59
|
11
|
5
|
5
|
(12)
|
(19)
|
(21)
|
(29)
|
(9)
|
(3)
|
(3)
|
(3)
|
(11)
|
1
|
10
|
8
|
(11)
|
(10)
|
(7)
|
(17)
|
5
|
44
|
41
|
12
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(3)
|
(3)
|
(2)
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(7)
|
(6)
|
(0)
|
|
| Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(5)
|
(7)
|
(7)
|
(7)
|
(5)
|
(3)
|
(2)
|
0
|
0
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
1
N/A
|
1
-39%
|
1
+46%
|
1
+54%
|
2
+91%
|
6
+170%
|
7
+5%
|
7
+6%
|
1
-85%
|
30
+2 632%
|
29
-2%
|
25
-14%
|
26
+5%
|
41
+54%
|
45
+10%
|
52
+18%
|
57
+8%
|
8
-87%
|
1
-93%
|
(2)
N/A
|
(19)
-928%
|
(26)
-38%
|
(26)
+1%
|
(31)
-22%
|
(26)
+17%
|
(19)
+28%
|
(18)
+2%
|
(18)
-1%
|
(25)
-36%
|
1
N/A
|
6
+404%
|
3
-48%
|
(11)
N/A
|
(10)
+9%
|
(8)
+21%
|
(18)
-123%
|
4
N/A
|
38
+754%
|
35
-7%
|
12
-65%
|
|
| EPS (Diluted) |
0.14
N/A
|
0.1
-29%
|
0.14
+40%
|
0.21
+50%
|
0.37
+76%
|
1
+170%
|
1.05
+5%
|
1.11
+6%
|
0.17
-85%
|
4.7
+2 665%
|
4.59
-2%
|
3.96
-14%
|
4.13
+4%
|
6.37
+54%
|
6.99
+10%
|
7.96
+14%
|
8.71
+9%
|
1.15
-87%
|
0.08
-93%
|
-0.28
N/A
|
-2.9
-936%
|
-4.01
-38%
|
-3.96
+1%
|
-4.82
-22%
|
-3.97
+18%
|
-2.84
+28%
|
-2.77
+2%
|
-2.79
-1%
|
-3.8
-36%
|
0.06
N/A
|
0.27
+350%
|
0.13
-52%
|
-0.47
N/A
|
-0.35
+26%
|
-0.26
+26%
|
-0.5
-92%
|
0.11
N/A
|
0.92
+736%
|
0.87
-5%
|
0.3
-66%
|
|