Gallant Venture Ltd
SGX:5IG
Income Statement
Earnings Waterfall
Gallant Venture Ltd
Income Statement
Gallant Venture Ltd
| Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | 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 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
5
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
14
|
0
|
0
|
0
|
15
|
0
|
0
|
0
|
19
|
0
|
0
|
0
|
75
|
0
|
0
|
0
|
132
|
0
|
0
|
0
|
145
|
0
|
0
|
0
|
133
|
0
|
0
|
0
|
127
|
0
|
0
|
0
|
137
|
0
|
0
|
0
|
30
|
0
|
22
|
0
|
20
|
0
|
27
|
0
|
37
|
0
|
40
|
0
|
|
| Revenue |
259
N/A
|
257
-1%
|
234
-9%
|
236
+1%
|
223
-5%
|
224
+0%
|
225
+1%
|
216
-4%
|
208
-3%
|
199
-4%
|
188
-6%
|
187
0%
|
197
+5%
|
219
+11%
|
220
+1%
|
217
-1%
|
206
-5%
|
184
-11%
|
203
+10%
|
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%
|
188
+3%
|
191
+2%
|
198
+4%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(172)
|
(168)
|
(163)
|
(168)
|
(160)
|
(162)
|
(168)
|
(164)
|
(163)
|
(159)
|
(155)
|
(154)
|
(159)
|
(168)
|
(168)
|
(166)
|
(163)
|
(154)
|
(161)
|
(162)
|
(165)
|
(163)
|
(161)
|
(157)
|
(604)
|
(1 158)
|
(1 584)
|
(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)
|
(115)
|
(119)
|
(116)
|
(116)
|
|
| Gross Profit |
87
N/A
|
90
+3%
|
72
-20%
|
68
-6%
|
62
-8%
|
62
0%
|
57
-8%
|
51
-10%
|
45
-12%
|
40
-13%
|
33
-17%
|
33
0%
|
38
+16%
|
51
+34%
|
52
+2%
|
50
-3%
|
43
-15%
|
30
-30%
|
42
+39%
|
40
-5%
|
41
+1%
|
39
-4%
|
43
+12%
|
45
+3%
|
106
+138%
|
185
+74%
|
271
+46%
|
321
+18%
|
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%
|
68
+2%
|
69
+3%
|
75
+8%
|
82
+10%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(37)
|
(40)
|
(43)
|
(37)
|
(38)
|
(39)
|
(40)
|
(41)
|
(38)
|
(37)
|
(36)
|
(36)
|
(39)
|
(40)
|
(32)
|
(31)
|
(26)
|
(26)
|
(31)
|
(31)
|
(36)
|
(32)
|
(33)
|
(44)
|
(68)
|
(112)
|
(176)
|
(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)
|
(50)
|
(53)
|
(49)
|
(11)
|
|
| Selling, General & Administrative |
(6)
|
(7)
|
(6)
|
(7)
|
(8)
|
(9)
|
(33)
|
(11)
|
(10)
|
(10)
|
(29)
|
(11)
|
(11)
|
(12)
|
(30)
|
(14)
|
(14)
|
(13)
|
(31)
|
(13)
|
(14)
|
(14)
|
(35)
|
(14)
|
(35)
|
(65)
|
(168)
|
(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)
|
(44)
|
(22)
|
(46)
|
(21)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(8)
|
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
|
(2)
|
0
|
(2)
|
0
|
|
| Other Operating Expenses |
(30)
|
(33)
|
(37)
|
(30)
|
(31)
|
(30)
|
(5)
|
(30)
|
(29)
|
(27)
|
(5)
|
(26)
|
(28)
|
(29)
|
0
|
(18)
|
(13)
|
(12)
|
1
|
(18)
|
(22)
|
(18)
|
3
|
(30)
|
(33)
|
(47)
|
0
|
(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)
|
(4)
|
(31)
|
(1)
|
10
|
|
| Operating Income |
51
N/A
|
49
-3%
|
29
-42%
|
31
+8%
|
24
-23%
|
23
-3%
|
17
-27%
|
11
-37%
|
7
-34%
|
3
-59%
|
(3)
N/A
|
(3)
-17%
|
(1)
+79%
|
11
N/A
|
20
+90%
|
20
-2%
|
17
-14%
|
5
-73%
|
11
+133%
|
9
-17%
|
5
-49%
|
7
+44%
|
11
+63%
|
1
-94%
|
39
+6 350%
|
73
+89%
|
95
+30%
|
151
+59%
|
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%
|
18
-42%
|
16
-10%
|
26
+61%
|
71
+173%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(8)
|
(8)
|
1
|
2
|
4
|
3
|
1
|
0
|
1
|
1
|
(1)
|
(0)
|
(1)
|
(1)
|
1
|
0
|
1
|
4
|
7
|
9
|
10
|
9
|
12
|
21
|
13
|
(10)
|
(35)
|
(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)
|
(15)
|
(45)
|
(48)
|
(51)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
26
|
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)
|
0
|
0
|
0
|
|
| Total Other Income |
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(2)
|
(1)
|
1
|
1
|
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
|
0
|
0
|
0
|
(0)
|
0
|
(11)
|
0
|
|
| Pre-Tax Income |
42
N/A
|
41
-3%
|
30
-28%
|
33
+9%
|
28
-15%
|
27
-3%
|
18
-33%
|
11
-38%
|
8
-32%
|
4
-53%
|
(3)
N/A
|
(4)
-6%
|
(2)
+42%
|
9
N/A
|
21
+130%
|
20
-8%
|
18
-7%
|
9
-50%
|
18
+92%
|
18
+5%
|
15
-21%
|
16
+8%
|
22
+41%
|
21
-5%
|
52
+146%
|
63
+22%
|
86
+36%
|
63
-27%
|
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%
|
2
-89%
|
(28)
N/A
|
(32)
-14%
|
20
N/A
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(16)
|
(16)
|
(14)
|
(17)
|
(19)
|
(18)
|
(19)
|
(15)
|
(12)
|
(11)
|
(9)
|
(9)
|
(9)
|
(10)
|
(14)
|
(14)
|
(14)
|
(13)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(17)
|
(21)
|
(16)
|
(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)
|
(16)
|
(14)
|
(17)
|
|
| Income from Continuing Operations |
27
|
25
|
16
|
15
|
9
|
9
|
(1)
|
(4)
|
(5)
|
(7)
|
(13)
|
(13)
|
(12)
|
(1)
|
7
|
6
|
5
|
(4)
|
7
|
8
|
4
|
4
|
10
|
8
|
35
|
43
|
70
|
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)
|
(45)
|
(47)
|
3
|
|
| Income to Minority Interest |
(2)
|
(2)
|
(1)
|
(1)
|
0
|
0
|
2
|
1
|
1
|
1
|
2
|
2
|
3
|
3
|
2
|
2
|
2
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
(13)
|
(18)
|
(23)
|
(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
|
(0)
|
(0)
|
(0)
|
|
| Net Income (Common) |
25
N/A
|
24
-6%
|
15
-38%
|
14
-4%
|
9
-36%
|
9
-1%
|
1
-93%
|
(3)
N/A
|
(3)
-36%
|
(6)
-85%
|
(11)
-67%
|
(10)
+2%
|
(9)
+15%
|
2
N/A
|
9
+365%
|
8
-15%
|
6
-20%
|
(2)
N/A
|
8
N/A
|
9
+13%
|
6
-39%
|
6
-2%
|
11
+98%
|
10
-13%
|
22
+124%
|
24
+12%
|
48
+96%
|
35
-27%
|
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
|
(45)
-201%
|
(47)
-5%
|
3
N/A
|
|
| EPS (Diluted) |
0.01
N/A
|
0.01
N/A
|
0.01
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
|
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
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
|
-0.01
N/A
|
-0.01
N/A
|
0
N/A
|
|