Learning Tree International Inc
OTC:LTRE
Income Statement
Earnings Waterfall
Learning Tree International Inc
Revenue
|
64.3m
USD
|
Cost of Revenue
|
-36.6m
USD
|
Gross Profit
|
27.7m
USD
|
Operating Expenses
|
-29.3m
USD
|
Operating Income
|
-1.6m
USD
|
Other Expenses
|
-439k
USD
|
Net Income
|
-2.1m
USD
|
Income Statement
Learning Tree International Inc
Oct-2008 | Jan-2009 | Apr-2009 | Jul-2009 | Oct-2009 | Jan-2010 | Apr-2010 | Jul-2010 | Oct-2010 | Dec-2010 | Apr-2011 | Jul-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Jan-2014 | Mar-2014 | Jun-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
181
N/A
|
168
-7%
|
160
-5%
|
145
-9%
|
133
-9%
|
127
-4%
|
125
-2%
|
125
+0%
|
128
+2%
|
131
+2%
|
133
+2%
|
133
+1%
|
134
+0%
|
133
-1%
|
132
-1%
|
131
0%
|
129
-2%
|
127
-1%
|
125
-2%
|
121
-3%
|
117
-4%
|
112
-4%
|
108
-3%
|
105
-3%
|
107
+2%
|
103
-3%
|
102
-1%
|
99
-3%
|
95
-4%
|
91
-5%
|
87
-4%
|
86
-2%
|
82
-5%
|
80
-2%
|
77
-3%
|
73
-6%
|
71
-3%
|
69
-2%
|
67
-4%
|
67
0%
|
64
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(77)
|
(73)
|
(69)
|
(64)
|
(59)
|
(57)
|
(56)
|
(58)
|
(59)
|
(61)
|
(62)
|
(62)
|
(62)
|
(61)
|
(61)
|
(61)
|
(63)
|
(64)
|
(64)
|
(64)
|
(63)
|
(62)
|
(62)
|
(60)
|
(61)
|
(59)
|
(58)
|
(58)
|
(56)
|
(54)
|
(53)
|
(52)
|
(50)
|
(49)
|
(46)
|
(42)
|
(40)
|
(39)
|
(37)
|
(38)
|
(37)
|
|
Gross Profit |
104
N/A
|
96
-9%
|
90
-6%
|
81
-11%
|
73
-9%
|
70
-4%
|
69
-2%
|
68
-1%
|
68
+1%
|
70
+2%
|
71
+1%
|
71
+1%
|
72
+1%
|
72
-1%
|
70
-2%
|
70
0%
|
66
-6%
|
64
-4%
|
61
-4%
|
57
-7%
|
54
-5%
|
49
-8%
|
46
-7%
|
44
-4%
|
46
+4%
|
45
-4%
|
44
-1%
|
41
-6%
|
39
-5%
|
37
-6%
|
35
-6%
|
34
-1%
|
31
-8%
|
31
-1%
|
32
+1%
|
31
-3%
|
30
0%
|
30
+0%
|
29
-4%
|
29
-1%
|
28
-5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(87)
|
(84)
|
(81)
|
(74)
|
(71)
|
(67)
|
(65)
|
(66)
|
(63)
|
(65)
|
(66)
|
(67)
|
(67)
|
(67)
|
(67)
|
(70)
|
(73)
|
(74)
|
(73)
|
(67)
|
(62)
|
(56)
|
(52)
|
(53)
|
(52)
|
(46)
|
(47)
|
(45)
|
(49)
|
(47)
|
(45)
|
(44)
|
(42)
|
(42)
|
(37)
|
(33)
|
(31)
|
(30)
|
(30)
|
(29)
|
(29)
|
|
Selling, General & Administrative |
(77)
|
(74)
|
(72)
|
(66)
|
(64)
|
(60)
|
(58)
|
(59)
|
(56)
|
(58)
|
(58)
|
(59)
|
(59)
|
(59)
|
(59)
|
(62)
|
(64)
|
(65)
|
(63)
|
(58)
|
(54)
|
(48)
|
(45)
|
(45)
|
(45)
|
(45)
|
(46)
|
(43)
|
(41)
|
(39)
|
(38)
|
(38)
|
(37)
|
(35)
|
(33)
|
(30)
|
(28)
|
(28)
|
(27)
|
(27)
|
(27)
|
|
Research & Development |
(10)
|
(10)
|
(9)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(7)
|
(6)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
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
|
6
|
6
|
6
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
18
N/A
|
12
-33%
|
9
-27%
|
7
-25%
|
2
-70%
|
3
+60%
|
3
+9%
|
2
-54%
|
5
+227%
|
4
-18%
|
5
+13%
|
5
-7%
|
5
+16%
|
5
-2%
|
3
-37%
|
0
-97%
|
(7)
N/A
|
(10)
-45%
|
(11)
-14%
|
(10)
+10%
|
(8)
+21%
|
(7)
+18%
|
(6)
+4%
|
(8)
-29%
|
(6)
+28%
|
(1)
+79%
|
(3)
-113%
|
(4)
-44%
|
(10)
-152%
|
(11)
-9%
|
(11)
-2%
|
(10)
+10%
|
(11)
-9%
|
(11)
-1%
|
(5)
+51%
|
(3)
+46%
|
(1)
+68%
|
0
N/A
|
(0)
N/A
|
(0)
+28%
|
(2)
-386%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
4
|
3
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
1
|
1
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(2)
|
0
|
(2)
|
(2)
|
(0)
|
(1)
|
(0)
|
(0)
|
(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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
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)
|
0
|
0
|
0
|
|
Pre-Tax Income |
22
N/A
|
15
-29%
|
11
-28%
|
8
-24%
|
3
-64%
|
4
+36%
|
4
+2%
|
2
-47%
|
6
+160%
|
5
-20%
|
5
+9%
|
4
-11%
|
5
+21%
|
5
-3%
|
3
-40%
|
0
-89%
|
(7)
N/A
|
(11)
-61%
|
(11)
+1%
|
(10)
+8%
|
(8)
+20%
|
(7)
+18%
|
(7)
0%
|
(9)
-28%
|
0
N/A
|
(1)
N/A
|
(2)
-109%
|
(4)
-54%
|
(9)
-166%
|
(10)
-10%
|
(11)
-5%
|
(10)
+12%
|
(12)
-29%
|
(10)
+15%
|
(7)
+30%
|
(5)
+27%
|
(2)
+68%
|
(1)
+36%
|
(1)
-20%
|
(1)
+47%
|
(2)
-182%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(8)
|
(6)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(6)
|
(5)
|
(4)
|
(6)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
14
|
10
|
7
|
5
|
1
|
2
|
2
|
2
|
4
|
4
|
4
|
3
|
3
|
3
|
2
|
(5)
|
(12)
|
(15)
|
(17)
|
(11)
|
(9)
|
(7)
|
(7)
|
(9)
|
(0)
|
(1)
|
(2)
|
(4)
|
(10)
|
(11)
|
(11)
|
(10)
|
(13)
|
(11)
|
(8)
|
(6)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
|
Net Income (Common) |
14
N/A
|
10
-29%
|
7
-28%
|
5
-24%
|
1
-78%
|
2
+48%
|
2
+5%
|
2
-4%
|
4
+144%
|
4
-11%
|
4
+7%
|
3
-34%
|
3
+15%
|
3
-3%
|
2
-36%
|
(5)
N/A
|
(12)
-119%
|
(15)
-27%
|
(17)
-13%
|
(11)
+33%
|
(9)
+23%
|
(7)
+25%
|
(7)
-9%
|
(9)
-23%
|
0
N/A
|
(2)
N/A
|
(5)
-173%
|
(7)
-30%
|
(13)
-88%
|
(14)
-9%
|
(11)
+18%
|
(10)
+13%
|
(13)
-30%
|
(11)
+15%
|
(8)
+28%
|
(6)
+25%
|
(2)
+63%
|
(1)
+34%
|
(1)
-5%
|
(1)
+40%
|
(2)
-131%
|