Hafary Holdings Ltd
SGX:5VS
Income Statement
Earnings Waterfall
Hafary Holdings Ltd
Income Statement
Hafary Holdings Ltd
| 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
|
4
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
5
|
2
|
3
|
3
|
3
|
4
|
5
|
7
|
9
|
12
|
12
|
0
|
|
| Revenue |
120
N/A
|
124
+3%
|
183
+48%
|
119
-35%
|
113
-5%
|
111
-1%
|
110
-2%
|
113
+3%
|
116
+2%
|
117
+1%
|
116
-1%
|
116
+0%
|
117
+1%
|
118
+1%
|
120
+2%
|
120
0%
|
115
-4%
|
111
-4%
|
108
-2%
|
87
-20%
|
84
-3%
|
113
+34%
|
130
+15%
|
141
+8%
|
169
+20%
|
202
+20%
|
226
+12%
|
238
+5%
|
263
+10%
|
284
+8%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||
| Cost of Revenue |
(88)
|
(91)
|
(135)
|
(89)
|
(85)
|
(84)
|
(83)
|
(85)
|
(86)
|
(88)
|
(87)
|
(87)
|
(87)
|
(87)
|
(88)
|
(88)
|
(86)
|
(82)
|
(79)
|
(65)
|
(60)
|
(78)
|
(89)
|
(97)
|
(115)
|
(136)
|
(156)
|
(170)
|
(193)
|
(208)
|
|
| Gross Profit |
32
N/A
|
33
+2%
|
48
+47%
|
30
-36%
|
28
-8%
|
27
-2%
|
27
-2%
|
28
+6%
|
29
+3%
|
29
0%
|
29
0%
|
29
+0%
|
30
+3%
|
31
+3%
|
32
+3%
|
31
-1%
|
29
-7%
|
29
-1%
|
29
+0%
|
23
-23%
|
24
+7%
|
35
+44%
|
41
+19%
|
44
+7%
|
54
+23%
|
66
+22%
|
70
+6%
|
68
-3%
|
70
+3%
|
76
+8%
|
|
| Operating Income | |||||||||||||||||||||||||||||||
| Operating Expenses |
(15)
|
(17)
|
(22)
|
(16)
|
(17)
|
(16)
|
(16)
|
(18)
|
(19)
|
(19)
|
(18)
|
(18)
|
(18)
|
(18)
|
(19)
|
(18)
|
(18)
|
(18)
|
(17)
|
(15)
|
(16)
|
(19)
|
(26)
|
(23)
|
(16)
|
(18)
|
(22)
|
(18)
|
(27)
|
(25)
|
|
| Selling, General & Administrative |
(1)
|
(2)
|
(8)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(4)
|
(7)
|
(8)
|
(6)
|
(1)
|
(0)
|
(0)
|
0
|
(1)
|
(2)
|
|
| Depreciation & Amortization |
(3)
|
(3)
|
(5)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(12)
|
(13)
|
(12)
|
(13)
|
|
| Other Operating Expenses |
(10)
|
(12)
|
(9)
|
(12)
|
(12)
|
(11)
|
(11)
|
(12)
|
(12)
|
(11)
|
(12)
|
(10)
|
(10)
|
(10)
|
(12)
|
(10)
|
(9)
|
(9)
|
(8)
|
(6)
|
(5)
|
(5)
|
(10)
|
(9)
|
(7)
|
(8)
|
(11)
|
(5)
|
(13)
|
(11)
|
|
| Operating Income |
17
N/A
|
16
-5%
|
25
+59%
|
14
-45%
|
11
-19%
|
12
+2%
|
10
-12%
|
10
+2%
|
10
-2%
|
10
-4%
|
11
+9%
|
11
0%
|
12
+13%
|
13
+7%
|
13
+1%
|
14
+4%
|
11
-16%
|
11
-3%
|
12
+6%
|
7
-39%
|
8
+5%
|
15
+102%
|
15
0%
|
21
+36%
|
38
+80%
|
48
+28%
|
48
-1%
|
50
+5%
|
43
-14%
|
51
+17%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(0)
|
(0)
|
(4)
|
1
|
(8)
|
(10)
|
(10)
|
|
| 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
|
1
|
0
|
0
|
0
|
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
|
4
|
0
|
|
| Total Other Income |
0
|
1
|
0
|
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
|
|
| Pre-Tax Income |
16
N/A
|
15
-5%
|
23
+54%
|
13
-45%
|
11
-16%
|
11
+2%
|
10
-11%
|
10
+2%
|
10
-1%
|
9
-2%
|
10
+4%
|
10
+2%
|
11
+8%
|
12
+9%
|
12
+2%
|
13
+7%
|
11
-14%
|
11
-4%
|
12
+10%
|
6
-47%
|
6
+2%
|
15
+134%
|
15
+3%
|
22
+44%
|
38
+72%
|
45
+19%
|
49
+9%
|
42
-14%
|
37
-13%
|
40
+10%
|
|
| Net Income | |||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(2)
|
1
|
2
|
2
|
2
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(7)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
|
| Income from Continuing Operations |
14
|
13
|
24
|
15
|
13
|
13
|
8
|
8
|
8
|
8
|
8
|
9
|
9
|
10
|
10
|
11
|
9
|
9
|
10
|
5
|
6
|
13
|
12
|
18
|
31
|
36
|
40
|
34
|
29
|
32
|
|
| Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
|
| Net Income (Common) |
13
N/A
|
12
-7%
|
22
+86%
|
14
-38%
|
13
-9%
|
13
+3%
|
8
-37%
|
8
+3%
|
8
-3%
|
8
+0%
|
9
+7%
|
9
+3%
|
10
+6%
|
10
+9%
|
11
+2%
|
11
+6%
|
10
-14%
|
9
-7%
|
10
+11%
|
5
-46%
|
5
-3%
|
12
+129%
|
12
-4%
|
17
+46%
|
29
+74%
|
35
+18%
|
39
+12%
|
33
-14%
|
28
-18%
|
30
+11%
|
|
| EPS (Diluted) |
0.03
N/A
|
0.03
N/A
|
0.05
+67%
|
0.04
-20%
|
0.04
N/A
|
0.04
N/A
|
0.02
-50%
|
0.03
+50%
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.03
+50%
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.03
+50%
|
0.02
-33%
|
0.02
N/A
|
0.02
N/A
|
0.01
-50%
|
0.01
N/A
|
0.03
+200%
|
0.03
N/A
|
0.04
+33%
|
0.07
+75%
|
0.08
+14%
|
0.09
+12%
|
0.08
-11%
|
0.06
-25%
|
0.07
+17%
|
|