Irwin Naturals Inc
OTC:IWINF
Income Statement
Earnings Waterfall
Irwin Naturals Inc
Income Statement
Irwin Naturals Inc
| Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
2
|
2
|
|
| Revenue |
100
N/A
|
99
-1%
|
100
+1%
|
99
-2%
|
94
-5%
|
92
-2%
|
89
-3%
|
89
0%
|
90
+0%
|
87
-3%
|
|
| Gross Profit | |||||||||||
| Cost of Revenue |
(57)
|
(57)
|
(56)
|
(55)
|
(53)
|
(50)
|
(49)
|
(49)
|
(49)
|
(48)
|
|
| Gross Profit |
43
N/A
|
42
-1%
|
45
+6%
|
44
-2%
|
41
-6%
|
42
+1%
|
41
-3%
|
41
+0%
|
41
+1%
|
38
-7%
|
|
| Operating Income | |||||||||||
| Operating Expenses |
(32)
|
(32)
|
(34)
|
(35)
|
(35)
|
(36)
|
(39)
|
(43)
|
(46)
|
(46)
|
|
| Selling, General & Administrative |
(32)
|
(32)
|
(34)
|
(35)
|
(35)
|
(36)
|
(39)
|
(43)
|
(46)
|
(46)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
|
| Operating Income |
11
N/A
|
10
-6%
|
11
+2%
|
9
-12%
|
7
-28%
|
6
-9%
|
2
-70%
|
(2)
N/A
|
(5)
-105%
|
(8)
-62%
|
|
| Pre-Tax Income | |||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
|
| Non-Reccuring Items |
0
|
(2)
|
(3)
|
(3)
|
(3)
|
(0)
|
(3)
|
(10)
|
(21)
|
(21)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
7
|
7
|
|
| Pre-Tax Income |
11
N/A
|
8
-28%
|
8
+2%
|
6
-19%
|
4
-42%
|
5
+47%
|
(1)
N/A
|
(12)
-1 094%
|
(20)
-72%
|
(23)
-17%
|
|
| Net Income | |||||||||||
| Tax Provision |
(0)
|
(0)
|
2
|
2
|
1
|
1
|
(2)
|
(0)
|
3
|
5
|
|
| Income from Continuing Operations |
11
|
7
|
10
|
8
|
5
|
6
|
(3)
|
(12)
|
(17)
|
(19)
|
|
| Income to Minority Interest |
0
|
0
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Net Income (Common) |
11
N/A
|
7
-30%
|
9
+17%
|
6
-28%
|
3
-47%
|
4
+24%
|
(4)
N/A
|
(13)
-224%
|
(18)
-42%
|
(19)
-6%
|
|
| EPS (Diluted) |
0.03
N/A
|
0.02
-33%
|
0.03
+50%
|
0.02
-33%
|
0.01
-50%
|
2.68
+26 700%
|
-2.79
N/A
|
-3.84
-38%
|
-5.4
-41%
|
-6.22
-15%
|
|