Polaris Ltd
SGX:5BI
Income Statement
Earnings Waterfall
Polaris Ltd
Revenue
|
42.3m
SGD
|
Cost of Revenue
|
-36.3m
SGD
|
Gross Profit
|
6m
SGD
|
Operating Expenses
|
-13.3m
SGD
|
Operating Income
|
-7.4m
SGD
|
Other Expenses
|
3.1m
SGD
|
Net Income
|
-4.2m
SGD
|
Income Statement
Polaris Ltd
Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||
Revenue |
90
N/A
|
95
+6%
|
90
-5%
|
87
-3%
|
35
-60%
|
61
+76%
|
50
-19%
|
41
-17%
|
23
-44%
|
29
+26%
|
38
+30%
|
47
+25%
|
54
+15%
|
47
-13%
|
33
-30%
|
40
+22%
|
53
+34%
|
46
-13%
|
70
+52%
|
42
-40%
|
|
Gross Profit | |||||||||||||||||||||
Cost of Revenue |
(85)
|
(89)
|
(84)
|
(82)
|
(32)
|
(56)
|
(46)
|
(38)
|
(21)
|
(27)
|
(35)
|
(44)
|
(51)
|
(44)
|
(30)
|
(33)
|
(42)
|
(38)
|
(58)
|
(36)
|
|
Gross Profit |
5
N/A
|
6
+12%
|
6
+7%
|
5
-13%
|
3
-52%
|
5
+92%
|
4
-23%
|
3
-21%
|
2
-36%
|
2
+7%
|
3
+21%
|
3
+13%
|
3
+4%
|
3
-10%
|
3
+12%
|
7
+124%
|
11
+72%
|
9
-26%
|
12
+42%
|
6
-51%
|
|
Operating Income | |||||||||||||||||||||
Operating Expenses |
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(5)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(3)
|
(3)
|
(2)
|
(4)
|
(7)
|
(12)
|
(9)
|
(18)
|
(13)
|
|
Selling, General & Administrative |
(4)
|
(5)
|
(5)
|
(5)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(6)
|
(11)
|
(9)
|
(18)
|
(13)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
|
Other Operating Expenses |
0
|
3
|
3
|
3
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
1
|
0
|
1
|
(0)
|
|
Operating Income |
1
N/A
|
2
+120%
|
3
+46%
|
3
-11%
|
(1)
N/A
|
0
N/A
|
(0)
N/A
|
(2)
-1 114%
|
(3)
-16%
|
(3)
-7%
|
(2)
+19%
|
(0)
+93%
|
0
N/A
|
0
+84%
|
(1)
N/A
|
0
N/A
|
(0)
N/A
|
(1)
-320%
|
(6)
-987%
|
(7)
-21%
|
|
Pre-Tax Income | |||||||||||||||||||||
Interest Income Expense |
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
1
|
(0)
|
1
|
1
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
|
Non-Reccuring Items |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
1
|
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
|
|
Pre-Tax Income |
1
N/A
|
2
+91%
|
3
+45%
|
2
-13%
|
(1)
N/A
|
0
N/A
|
(0)
N/A
|
(2)
-1 867%
|
(3)
-57%
|
(2)
+15%
|
(2)
+23%
|
(0)
+100%
|
0
N/A
|
0
-16%
|
(0)
N/A
|
(0)
+86%
|
(0)
-566%
|
(1)
-330%
|
(6)
-471%
|
(7)
-20%
|
|
Net Income | |||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
|
Income from Continuing Operations |
1
|
2
|
3
|
2
|
(1)
|
0
|
(0)
|
(2)
|
(3)
|
(2)
|
(2)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(6)
|
(7)
|
|
Income to Minority Interest |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
1
|
3
|
3
|
|
Net Income (Common) |
1
N/A
|
2
+88%
|
3
+47%
|
3
-12%
|
1
-61%
|
1
-37%
|
3
+319%
|
1
-49%
|
0
-83%
|
0
+44%
|
(2)
N/A
|
(0)
+91%
|
0
N/A
|
0
-8%
|
(0)
N/A
|
(0)
-45%
|
(0)
+17%
|
(0)
+59%
|
(4)
-2 086%
|
(4)
-19%
|
|
EPS (Diluted) |
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
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|