Gallant Venture Ltd
SGX:5IG
Income Statement
Earnings Waterfall
Gallant Venture Ltd
Revenue
|
182.7m
SGD
|
Cost of Revenue
|
-114m
SGD
|
Gross Profit
|
68.7m
SGD
|
Operating Expenses
|
-36.4m
SGD
|
Operating Income
|
32.3m
SGD
|
Other Expenses
|
-47.6m
SGD
|
Net Income
|
-15.3m
SGD
|
Income Statement
Gallant Venture Ltd
Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | 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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
203
N/A
|
203
0%
|
205
+1%
|
202
-2%
|
204
+1%
|
202
-1%
|
710
+251%
|
1 343
+89%
|
1 855
+38%
|
2 340
+26%
|
2 335
0%
|
2 248
-4%
|
2 328
+4%
|
2 380
+2%
|
2 316
-3%
|
2 174
-6%
|
2 028
-7%
|
1 923
-5%
|
1 859
-3%
|
1 799
-3%
|
1 716
-5%
|
1 680
-2%
|
1 686
+0%
|
1 734
+3%
|
1 747
+1%
|
1 763
+1%
|
1 761
0%
|
1 768
+0%
|
1 833
+4%
|
1 869
+2%
|
1 947
+4%
|
2 049
+5%
|
173
-92%
|
790
+355%
|
138
-83%
|
139
+1%
|
145
+4%
|
148
+2%
|
167
+12%
|
179
+7%
|
183
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(161)
|
(162)
|
(165)
|
(163)
|
(161)
|
(157)
|
(604)
|
(1 158)
|
(1 596)
|
(2 019)
|
(2 000)
|
(1 904)
|
(1 947)
|
(1 990)
|
(1 927)
|
(1 808)
|
(1 715)
|
(1 611)
|
(1 553)
|
(1 494)
|
(1 408)
|
(1 367)
|
(1 361)
|
(1 397)
|
(1 403)
|
(1 413)
|
(1 406)
|
(1 405)
|
(1 470)
|
(1 499)
|
(1 568)
|
(1 660)
|
(140)
|
(644)
|
(114)
|
(109)
|
(112)
|
(113)
|
(112)
|
(113)
|
(114)
|
|
Gross Profit |
42
N/A
|
40
-5%
|
41
+1%
|
39
-4%
|
43
+12%
|
45
+3%
|
106
+138%
|
185
+74%
|
258
+40%
|
321
+24%
|
335
+4%
|
344
+3%
|
381
+11%
|
390
+2%
|
389
0%
|
366
-6%
|
313
-15%
|
312
0%
|
306
-2%
|
305
0%
|
308
+1%
|
313
+2%
|
326
+4%
|
336
+3%
|
343
+2%
|
350
+2%
|
355
+1%
|
363
+2%
|
362
0%
|
370
+2%
|
380
+3%
|
389
+2%
|
34
-91%
|
146
+336%
|
24
-83%
|
30
+25%
|
33
+8%
|
36
+8%
|
55
+56%
|
66
+19%
|
69
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(31)
|
(31)
|
(36)
|
(32)
|
(45)
|
(44)
|
(68)
|
(112)
|
(128)
|
(170)
|
(200)
|
(217)
|
(257)
|
(240)
|
(243)
|
(251)
|
(307)
|
(283)
|
(293)
|
(301)
|
(299)
|
(114)
|
(118)
|
(118)
|
(300)
|
(276)
|
(274)
|
(275)
|
(298)
|
(264)
|
(278)
|
(288)
|
(47)
|
(144)
|
(36)
|
(33)
|
(41)
|
(48)
|
(44)
|
(35)
|
(36)
|
|
Selling, General & Administrative |
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(14)
|
(35)
|
(65)
|
(117)
|
(151)
|
(161)
|
(166)
|
(245)
|
(166)
|
(172)
|
(173)
|
(255)
|
(168)
|
(170)
|
(173)
|
(256)
|
(180)
|
(185)
|
(188)
|
(268)
|
(185)
|
(186)
|
(187)
|
(267)
|
(195)
|
(203)
|
(210)
|
(40)
|
(81)
|
(36)
|
(16)
|
(32)
|
(18)
|
(39)
|
(21)
|
(21)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(2)
|
0
|
(2)
|
0
|
(2)
|
0
|
(1)
|
0
|
0
|
|
Other Operating Expenses |
(17)
|
(18)
|
(22)
|
(18)
|
(30)
|
(30)
|
(33)
|
(47)
|
(11)
|
(20)
|
(39)
|
(50)
|
1
|
(74)
|
(71)
|
(78)
|
(39)
|
(115)
|
(123)
|
(128)
|
(32)
|
66
|
67
|
71
|
(21)
|
(91)
|
(88)
|
(88)
|
(21)
|
(69)
|
(76)
|
(78)
|
(5)
|
(62)
|
2
|
(17)
|
(7)
|
(30)
|
(4)
|
(14)
|
(15)
|
|
Operating Income |
12
N/A
|
9
-23%
|
5
-49%
|
7
+44%
|
(1)
N/A
|
1
N/A
|
39
+6 350%
|
73
+89%
|
131
+78%
|
151
+15%
|
135
-10%
|
128
-5%
|
124
-3%
|
150
+20%
|
146
-3%
|
115
-21%
|
6
-95%
|
29
+375%
|
13
-56%
|
4
-69%
|
9
+126%
|
199
+2 106%
|
208
+4%
|
219
+5%
|
44
-80%
|
74
+70%
|
81
+9%
|
88
+9%
|
64
-27%
|
106
+64%
|
101
-4%
|
101
0%
|
(13)
N/A
|
3
N/A
|
(12)
N/A
|
(3)
+76%
|
(8)
-179%
|
(12)
-50%
|
12
N/A
|
31
+163%
|
32
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
6
|
9
|
10
|
9
|
24
|
21
|
13
|
(10)
|
(67)
|
(87)
|
(113)
|
(131)
|
(135)
|
(144)
|
(151)
|
(138)
|
(153)
|
(171)
|
(164)
|
(160)
|
(123)
|
(161)
|
(171)
|
(179)
|
(177)
|
(162)
|
(147)
|
(136)
|
(113)
|
(168)
|
(184)
|
(201)
|
(25)
|
(91)
|
(37)
|
(46)
|
(37)
|
(23)
|
(10)
|
(10)
|
(31)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
33
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
177
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
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 |
18
N/A
|
18
+5%
|
15
-21%
|
16
+8%
|
22
+41%
|
21
-5%
|
52
+146%
|
63
+22%
|
63
N/A
|
63
0%
|
22
-66%
|
(3)
N/A
|
23
N/A
|
5
-76%
|
(6)
N/A
|
(22)
-300%
|
(136)
-509%
|
(142)
-4%
|
(151)
-6%
|
(156)
-3%
|
63
N/A
|
39
-39%
|
37
-4%
|
40
+7%
|
(126)
N/A
|
(88)
+30%
|
(66)
+25%
|
(48)
+28%
|
(49)
-2%
|
(62)
-29%
|
(83)
-33%
|
(100)
-21%
|
(40)
+60%
|
(89)
-119%
|
(49)
+45%
|
(49)
+0%
|
(45)
+9%
|
(35)
+21%
|
2
N/A
|
21
+1 176%
|
1
-94%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(11)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(17)
|
(21)
|
(10)
|
(11)
|
(7)
|
(3)
|
(19)
|
(15)
|
(22)
|
(22)
|
(27)
|
(27)
|
(18)
|
(18)
|
(22)
|
(26)
|
(31)
|
(34)
|
(32)
|
(33)
|
(36)
|
(30)
|
(27)
|
(28)
|
(24)
|
(27)
|
(12)
|
(22)
|
(13)
|
(14)
|
(14)
|
(14)
|
(15)
|
(17)
|
(17)
|
|
Income from Continuing Operations |
7
|
8
|
4
|
4
|
10
|
8
|
35
|
43
|
53
|
53
|
14
|
(6)
|
4
|
(10)
|
(28)
|
(45)
|
(163)
|
(169)
|
(169)
|
(173)
|
42
|
13
|
6
|
6
|
(158)
|
(121)
|
(102)
|
(78)
|
(76)
|
(90)
|
(107)
|
(128)
|
(53)
|
(111)
|
(62)
|
(63)
|
(59)
|
(49)
|
(14)
|
4
|
(15)
|
|
Income to Minority Interest |
2
|
2
|
2
|
2
|
1
|
1
|
(13)
|
(18)
|
(17)
|
(18)
|
(3)
|
10
|
3
|
6
|
7
|
4
|
18
|
19
|
22
|
24
|
30
|
36
|
38
|
37
|
21
|
14
|
7
|
(1)
|
2
|
6
|
15
|
24
|
0
|
7
|
3
|
3
|
3
|
2
|
0
|
(0)
|
0
|
|
Net Income (Common) |
8
N/A
|
9
+13%
|
6
-39%
|
6
-2%
|
11
+98%
|
10
-13%
|
22
+124%
|
24
+12%
|
36
+50%
|
35
-5%
|
12
-66%
|
3
-74%
|
8
+142%
|
(4)
N/A
|
(21)
-391%
|
(40)
-91%
|
(145)
-259%
|
(150)
-4%
|
(148)
+2%
|
(150)
-1%
|
72
N/A
|
49
-33%
|
44
-10%
|
42
-4%
|
(136)
N/A
|
(107)
+21%
|
(95)
+11%
|
(79)
+17%
|
(74)
+7%
|
(84)
-14%
|
(92)
-10%
|
(104)
-13%
|
(222)
-113%
|
(901)
-306%
|
(687)
+24%
|
(60)
+91%
|
(56)
+7%
|
(47)
+15%
|
(14)
+71%
|
4
N/A
|
(15)
N/A
|
|
EPS (Diluted) |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
-0.01
N/A
|
-0.02
-100%
|
-0.03
-50%
|
-0.04
-33%
|
-0.04
N/A
|
-0.04
N/A
|
0.01
N/A
|
0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.03
-200%
|
-0.03
N/A
|
-0.02
+33%
|
-0.01
+50%
|
-0.01
N/A
|
-0.01
N/A
|
-0.02
-100%
|
-0.02
N/A
|
-0.04
-100%
|
-0.16
-300%
|
-0.12
+25%
|
-0.01
+92%
|
-0.01
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|