First Sponsor Group Ltd
SGX:ADN
Income Statement
Earnings Waterfall
First Sponsor Group Ltd
Revenue
|
282.9m
SGD
|
Cost of Revenue
|
-151.1m
SGD
|
Gross Profit
|
131.9m
SGD
|
Operating Expenses
|
-77.3m
SGD
|
Operating Income
|
54.5m
SGD
|
Other Expenses
|
-42m
SGD
|
Net Income
|
12.5m
SGD
|
Income Statement
First Sponsor Group Ltd
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 | Sep-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||
Revenue |
69
N/A
|
153
+123%
|
159
+3%
|
182
+15%
|
199
+10%
|
215
+8%
|
248
+15%
|
265
+7%
|
276
+4%
|
199
-28%
|
237
+19%
|
245
+4%
|
228
-7%
|
384
+69%
|
349
-9%
|
337
-3%
|
326
-3%
|
277
-15%
|
275
-1%
|
310
+13%
|
301
-3%
|
319
+6%
|
299
-6%
|
314
+5%
|
204
-35%
|
317
+55%
|
589
+86%
|
548
-7%
|
427
-22%
|
448
+5%
|
283
-37%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||
Cost of Revenue |
(41)
|
(96)
|
(95)
|
(108)
|
(116)
|
(122)
|
(151)
|
(167)
|
(180)
|
(147)
|
(175)
|
(177)
|
(155)
|
(231)
|
(190)
|
(174)
|
(159)
|
(116)
|
(112)
|
(121)
|
(117)
|
(130)
|
(112)
|
(104)
|
(32)
|
(106)
|
(348)
|
(311)
|
(221)
|
(243)
|
(151)
|
|
Gross Profit |
28
N/A
|
57
+108%
|
64
+12%
|
74
+17%
|
83
+12%
|
93
+11%
|
97
+4%
|
99
+2%
|
96
-3%
|
52
-46%
|
62
+19%
|
68
+10%
|
73
+7%
|
153
+110%
|
159
+4%
|
163
+2%
|
167
+2%
|
162
-3%
|
163
+1%
|
189
+16%
|
185
-2%
|
189
+2%
|
187
-1%
|
210
+12%
|
172
-18%
|
210
+22%
|
241
+15%
|
236
-2%
|
206
-13%
|
205
0%
|
132
-36%
|
|
Operating Income | ||||||||||||||||||||||||||||||||
Operating Expenses |
(26)
|
(31)
|
(16)
|
(17)
|
(21)
|
(19)
|
(30)
|
(28)
|
(23)
|
(58)
|
44
|
39
|
(60)
|
(43)
|
(42)
|
(45)
|
(45)
|
(32)
|
(33)
|
(45)
|
(49)
|
(110)
|
(81)
|
(84)
|
(33)
|
(52)
|
(57)
|
(53)
|
(54)
|
(81)
|
(77)
|
|
Selling, General & Administrative |
(17)
|
(23)
|
(20)
|
(24)
|
(25)
|
(23)
|
(28)
|
(26)
|
(25)
|
(33)
|
(32)
|
(31)
|
(32)
|
(29)
|
(28)
|
(33)
|
(34)
|
(36)
|
(39)
|
(42)
|
(45)
|
(48)
|
(40)
|
(38)
|
(35)
|
(46)
|
(46)
|
(51)
|
(60)
|
(71)
|
(65)
|
|
Other Operating Expenses |
(9)
|
(8)
|
3
|
7
|
3
|
4
|
(3)
|
(1)
|
2
|
(25)
|
76
|
70
|
(28)
|
(14)
|
(15)
|
(12)
|
(11)
|
4
|
6
|
(4)
|
(5)
|
(62)
|
(41)
|
(46)
|
1
|
(5)
|
(10)
|
(2)
|
6
|
(11)
|
(12)
|
|
Operating Income |
1
N/A
|
27
+2 125%
|
47
+77%
|
57
+22%
|
62
+7%
|
74
+20%
|
66
-11%
|
71
+7%
|
73
+3%
|
(6)
N/A
|
106
N/A
|
107
+1%
|
13
-88%
|
110
+770%
|
117
+7%
|
118
+1%
|
122
+3%
|
129
+6%
|
131
+1%
|
144
+10%
|
135
-6%
|
79
-41%
|
105
+33%
|
126
+19%
|
139
+10%
|
159
+15%
|
185
+16%
|
183
-1%
|
152
-17%
|
124
-19%
|
55
-56%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||
Interest Income Expense |
8
|
13
|
16
|
18
|
18
|
17
|
26
|
22
|
20
|
25
|
16
|
16
|
16
|
12
|
7
|
7
|
7
|
13
|
19
|
18
|
32
|
73
|
60
|
43
|
(16)
|
(3)
|
1
|
10
|
29
|
(0)
|
(31)
|
|
Non-Reccuring Items |
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
99
|
0
|
0
|
99
|
0
|
0
|
0
|
2
|
2
|
5
|
6
|
6
|
42
|
39
|
38
|
3
|
12
|
16
|
21
|
15
|
(0)
|
4
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
(2)
|
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 |
10
N/A
|
41
+293%
|
64
+59%
|
76
+19%
|
80
+5%
|
91
+13%
|
92
+1%
|
93
+1%
|
94
+1%
|
118
+27%
|
122
+3%
|
123
+1%
|
127
+3%
|
121
-5%
|
124
+2%
|
125
+1%
|
131
+4%
|
145
+11%
|
155
+7%
|
169
+9%
|
173
+2%
|
194
+12%
|
205
+5%
|
208
+2%
|
126
-39%
|
167
+33%
|
203
+21%
|
214
+6%
|
196
-8%
|
123
-37%
|
28
-78%
|
|
Net Income | ||||||||||||||||||||||||||||||||
Tax Provision |
(8)
|
(19)
|
(23)
|
(23)
|
(25)
|
(23)
|
(22)
|
(21)
|
(20)
|
(3)
|
(5)
|
(6)
|
(8)
|
(28)
|
(28)
|
(26)
|
(28)
|
(26)
|
(30)
|
(41)
|
(38)
|
(29)
|
(21)
|
(19)
|
(25)
|
(17)
|
(72)
|
(81)
|
(58)
|
(48)
|
(15)
|
|
Income from Continuing Operations |
3
|
22
|
42
|
53
|
55
|
68
|
70
|
71
|
74
|
115
|
116
|
117
|
119
|
93
|
96
|
99
|
103
|
118
|
125
|
128
|
135
|
166
|
184
|
189
|
101
|
150
|
130
|
133
|
138
|
75
|
13
|
|
Income to Minority Interest |
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
2
|
3
|
3
|
2
|
2
|
(9)
|
(9)
|
(7)
|
(4)
|
(1)
|
|
Net Income (Common) |
3
N/A
|
22
+768%
|
42
+92%
|
53
+26%
|
55
+4%
|
67
+23%
|
69
+2%
|
70
+1%
|
72
+3%
|
113
+57%
|
115
+2%
|
116
+1%
|
119
+2%
|
88
-25%
|
91
+3%
|
94
+3%
|
98
+4%
|
113
+16%
|
120
+6%
|
123
+2%
|
130
+6%
|
167
+28%
|
186
+11%
|
191
+3%
|
103
-46%
|
152
+48%
|
121
-20%
|
124
+2%
|
131
+6%
|
71
-46%
|
13
-82%
|
|
EPS (Diluted) |
0
N/A
|
0.04
N/A
|
0.06
+50%
|
0.08
+33%
|
0.09
+13%
|
0.1
+11%
|
0.11
+10%
|
0.12
+9%
|
0.12
N/A
|
0.19
+58%
|
0.19
N/A
|
0.18
-5%
|
0.18
N/A
|
0.15
-17%
|
0.17
+13%
|
0.12
-29%
|
0.12
N/A
|
0.15
+25%
|
0.15
N/A
|
0.15
N/A
|
0.11
-27%
|
0.17
+55%
|
0.17
N/A
|
0.17
N/A
|
0.09
-47%
|
0.12
+33%
|
0.09
-25%
|
0.09
N/A
|
0.1
+11%
|
0.05
-50%
|
0.01
-80%
|