IPC Corporation Ltd
SGX:AZA
Income Statement
Earnings Waterfall
IPC Corporation Ltd
Revenue
|
3.2m
SGD
|
Cost of Revenue
|
-2.6m
SGD
|
Gross Profit
|
581k
SGD
|
Operating Expenses
|
-2.8m
SGD
|
Operating Income
|
-2.3m
SGD
|
Other Expenses
|
1.6m
SGD
|
Net Income
|
-631k
SGD
|
Income Statement
IPC Corporation 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 |
44
N/A
|
25
-42%
|
26
+2%
|
27
+3%
|
17
-36%
|
10
-42%
|
31
+212%
|
32
+2%
|
47
+48%
|
52
+10%
|
38
-27%
|
43
+15%
|
33
-23%
|
33
-2%
|
29
-11%
|
25
-15%
|
23
-7%
|
17
-26%
|
12
-29%
|
8
-32%
|
4
-52%
|
4
-3%
|
4
+4%
|
4
+3%
|
4
-1%
|
4
+3%
|
4
+1%
|
4
-4%
|
9
+121%
|
9
-4%
|
9
-2%
|
9
+2%
|
4
-59%
|
3
-29%
|
5
+114%
|
6
+15%
|
4
-33%
|
4
-10%
|
1
-60%
|
2
+56%
|
3
+36%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(34)
|
(18)
|
(17)
|
(18)
|
(9)
|
(3)
|
(22)
|
(22)
|
(34)
|
(37)
|
(22)
|
(26)
|
(19)
|
(18)
|
(15)
|
(11)
|
(7)
|
(4)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(8)
|
(8)
|
(8)
|
(8)
|
(3)
|
(3)
|
(6)
|
(7)
|
(5)
|
(4)
|
(2)
|
(3)
|
(3)
|
|
Gross Profit |
10
N/A
|
8
-22%
|
8
+11%
|
9
+7%
|
8
-14%
|
7
-12%
|
9
+29%
|
10
+15%
|
13
+32%
|
15
+12%
|
15
+2%
|
17
+14%
|
14
-17%
|
15
+2%
|
14
-3%
|
13
-7%
|
16
+22%
|
13
-20%
|
10
-25%
|
6
-42%
|
1
-78%
|
1
-24%
|
1
-15%
|
1
+6%
|
1
-7%
|
1
+5%
|
1
-2%
|
1
-16%
|
1
-3%
|
0
-33%
|
0
-35%
|
0
+20%
|
0
-59%
|
(0)
N/A
|
(1)
-119%
|
(1)
+40%
|
(1)
+20%
|
(1)
-31%
|
(1)
-42%
|
(1)
+40%
|
1
N/A
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
0
|
2
|
2
|
3
|
0
|
3
|
8
|
9
|
1
|
4
|
(4)
|
(3)
|
(13)
|
28
|
31
|
25
|
(11)
|
18
|
19
|
22
|
(6)
|
(5)
|
(5)
|
(4)
|
(5)
|
(5)
|
(4)
|
(6)
|
(5)
|
25
|
25
|
26
|
(4)
|
(35)
|
(8)
|
(8)
|
(5)
|
(4)
|
(4)
|
(6)
|
(3)
|
|
Selling, General & Administrative |
(7)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(10)
|
(11)
|
(12)
|
(13)
|
(14)
|
(14)
|
(13)
|
(13)
|
(12)
|
(10)
|
(9)
|
(8)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
|
Other Operating Expenses |
7
|
8
|
9
|
10
|
7
|
12
|
17
|
17
|
11
|
14
|
9
|
10
|
0
|
42
|
44
|
39
|
0
|
28
|
28
|
29
|
(1)
|
(0)
|
(0)
|
1
|
(0)
|
0
|
0
|
(1)
|
1
|
31
|
30
|
32
|
0
|
(30)
|
(4)
|
(5)
|
(1)
|
0
|
0
|
(1)
|
1
|
|
Operating Income |
10
N/A
|
10
-3%
|
11
+12%
|
12
+16%
|
8
-35%
|
10
+22%
|
17
+72%
|
19
+12%
|
15
-23%
|
19
+26%
|
12
-38%
|
15
+27%
|
1
-94%
|
43
+4 734%
|
45
+4%
|
39
-14%
|
5
-87%
|
31
+538%
|
29
-8%
|
28
-4%
|
(5)
N/A
|
(4)
+11%
|
(4)
-2%
|
(3)
+25%
|
(4)
-32%
|
(4)
+8%
|
(4)
+8%
|
(5)
-42%
|
(4)
+15%
|
25
N/A
|
25
-2%
|
27
+6%
|
(4)
N/A
|
(35)
-717%
|
(9)
+74%
|
(9)
+3%
|
(5)
+43%
|
(4)
+12%
|
(5)
-5%
|
(6)
-37%
|
(2)
+65%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(0)
|
(1)
|
(1)
|
8
|
(2)
|
(3)
|
(3)
|
36
|
(3)
|
(3)
|
(3)
|
40
|
(3)
|
(3)
|
(2)
|
(8)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
31
|
(1)
|
(1)
|
(1)
|
(12)
|
(1)
|
(19)
|
(2)
|
(4)
|
(2)
|
(1)
|
(0)
|
4
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(2)
|
(4)
|
(2)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
1
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(0)
|
(0)
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
9
N/A
|
8
-5%
|
9
+12%
|
11
+16%
|
7
-40%
|
10
+45%
|
16
+72%
|
18
+10%
|
23
+27%
|
16
-29%
|
9
-46%
|
11
+30%
|
37
+225%
|
40
+7%
|
42
+5%
|
36
-14%
|
39
+9%
|
28
-28%
|
26
-7%
|
26
-2%
|
(13)
N/A
|
(5)
+63%
|
(5)
-1%
|
(4)
+21%
|
(5)
-24%
|
(4)
+6%
|
(4)
+8%
|
(6)
-35%
|
25
N/A
|
25
-1%
|
24
-1%
|
26
+6%
|
(16)
N/A
|
(36)
-118%
|
(28)
+21%
|
(11)
+61%
|
(8)
+24%
|
(6)
+27%
|
(7)
-21%
|
(10)
-40%
|
(0)
+96%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(4)
|
(4)
|
(4)
|
(3)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(6)
|
(7)
|
(8)
|
(7)
|
(14)
|
(11)
|
(10)
|
(10)
|
2
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
5
|
5
|
6
|
8
|
5
|
8
|
15
|
15
|
19
|
13
|
5
|
9
|
31
|
33
|
34
|
28
|
25
|
17
|
16
|
16
|
(12)
|
(5)
|
(5)
|
(4)
|
(5)
|
(5)
|
(4)
|
(6)
|
25
|
25
|
24
|
26
|
(17)
|
(36)
|
(28)
|
(11)
|
(9)
|
(7)
|
(8)
|
(11)
|
(1)
|
|
Income to Minority Interest |
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
4
N/A
|
3
-16%
|
5
+57%
|
7
+37%
|
5
-27%
|
7
+54%
|
14
+91%
|
15
+5%
|
18
+23%
|
12
-34%
|
5
-61%
|
8
+71%
|
29
+254%
|
30
+6%
|
31
+2%
|
26
-17%
|
22
-16%
|
14
-38%
|
14
-1%
|
13
-5%
|
(12)
N/A
|
(5)
+58%
|
(5)
-1%
|
(4)
+21%
|
(5)
-24%
|
(5)
+5%
|
(4)
+8%
|
(6)
-35%
|
25
N/A
|
25
-1%
|
24
-1%
|
26
+7%
|
(17)
N/A
|
(36)
-116%
|
(28)
+21%
|
(11)
+60%
|
(9)
+21%
|
(7)
+26%
|
(8)
-14%
|
(11)
-39%
|
(1)
+94%
|
|
EPS (Diluted) |
0.06
N/A
|
0.05
-17%
|
0.08
+60%
|
0.08
N/A
|
0.06
-25%
|
0.08
+33%
|
0.16
+100%
|
0.16
N/A
|
0.2
+25%
|
0.13
-35%
|
0.05
-62%
|
0.09
+80%
|
0.34
+278%
|
0.29
-15%
|
0.36
+24%
|
0.3
-17%
|
0.26
-13%
|
0.16
-38%
|
0.16
N/A
|
0.15
-6%
|
-0.14
N/A
|
-0.06
+57%
|
-0.06
N/A
|
-0.04
+33%
|
-0.06
-50%
|
-0.04
+33%
|
-0.04
N/A
|
-0.06
-50%
|
0.29
N/A
|
0.29
N/A
|
0.29
N/A
|
0.31
+7%
|
-0.2
N/A
|
-0.42
-110%
|
-0.33
+21%
|
-0.13
+61%
|
-0.1
+23%
|
-0.08
+20%
|
-0.09
-13%
|
-0.12
-33%
|
-0.01
+92%
|