Federal International (2000) Ltd
SGX:BDU
Income Statement
Earnings Waterfall
Federal International (2000) Ltd
Revenue
|
50.3m
SGD
|
Cost of Revenue
|
-37m
SGD
|
Gross Profit
|
13.3m
SGD
|
Operating Expenses
|
-12.3m
SGD
|
Operating Income
|
1m
SGD
|
Other Expenses
|
-19m
SGD
|
Net Income
|
-18m
SGD
|
Income Statement
Federal International (2000) 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 |
129
N/A
|
150
+16%
|
145
-3%
|
148
+2%
|
124
-16%
|
99
-20%
|
92
-7%
|
99
+8%
|
128
+30%
|
130
+1%
|
149
+14%
|
140
-6%
|
132
-6%
|
167
+27%
|
163
-3%
|
149
-9%
|
129
-13%
|
94
-27%
|
74
-21%
|
86
+16%
|
89
+4%
|
88
-2%
|
113
+29%
|
129
+14%
|
130
+1%
|
122
-6%
|
86
-30%
|
53
-38%
|
43
-19%
|
40
-8%
|
44
+11%
|
50
+13%
|
63
+25%
|
70
+13%
|
68
-3%
|
67
-2%
|
60
-11%
|
122
+104%
|
135
+11%
|
73
-46%
|
50
-31%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(105)
|
(118)
|
(116)
|
(121)
|
(99)
|
(77)
|
(67)
|
(67)
|
(96)
|
(101)
|
(119)
|
(115)
|
(106)
|
(123)
|
(117)
|
(104)
|
(87)
|
(70)
|
(55)
|
(68)
|
(72)
|
(71)
|
(94)
|
(109)
|
(108)
|
(102)
|
(70)
|
(40)
|
(33)
|
(30)
|
(33)
|
(39)
|
(49)
|
(57)
|
(56)
|
(54)
|
(48)
|
(105)
|
(114)
|
(56)
|
(37)
|
|
Gross Profit |
25
N/A
|
31
+26%
|
30
-5%
|
27
-8%
|
25
-8%
|
22
-13%
|
25
+12%
|
31
+28%
|
32
+2%
|
29
-8%
|
30
+1%
|
26
-13%
|
26
0%
|
44
+70%
|
46
+4%
|
45
-1%
|
41
-8%
|
24
-41%
|
19
-21%
|
18
-5%
|
18
-3%
|
16
-7%
|
19
+13%
|
20
+9%
|
22
+9%
|
20
-8%
|
16
-21%
|
13
-20%
|
10
-21%
|
10
-5%
|
11
+12%
|
11
+6%
|
14
+23%
|
14
-4%
|
12
-11%
|
13
+10%
|
12
-10%
|
18
+49%
|
21
+17%
|
17
-18%
|
13
-22%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(35)
|
(29)
|
(28)
|
(44)
|
(40)
|
(41)
|
(41)
|
(24)
|
(18)
|
(17)
|
(16)
|
(36)
|
(14)
|
(44)
|
(47)
|
(26)
|
(20)
|
(19)
|
(15)
|
(14)
|
(13)
|
(12)
|
(13)
|
(14)
|
(20)
|
(19)
|
(18)
|
(18)
|
(16)
|
(15)
|
(17)
|
(12)
|
(10)
|
(10)
|
(13)
|
(13)
|
(13)
|
(12)
|
(17)
|
(12)
|
(12)
|
|
Selling, General & Administrative |
(38)
|
(32)
|
(30)
|
(29)
|
(24)
|
(26)
|
(27)
|
(27)
|
(21)
|
(20)
|
(19)
|
(15)
|
(12)
|
(16)
|
(19)
|
(22)
|
(18)
|
(20)
|
(19)
|
(20)
|
(19)
|
(20)
|
(20)
|
(19)
|
(17)
|
(19)
|
(18)
|
(18)
|
(15)
|
(16)
|
(16)
|
(16)
|
(14)
|
(16)
|
(12)
|
(14)
|
(12)
|
(13)
|
(13)
|
(13)
|
(12)
|
|
Depreciation & Amortization |
0
|
(1)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
(2)
|
(0)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
|
Other Operating Expenses |
3
|
4
|
3
|
(14)
|
(14)
|
(14)
|
(14)
|
3
|
3
|
4
|
4
|
(21)
|
0
|
(28)
|
(27)
|
(2)
|
1
|
2
|
4
|
6
|
8
|
8
|
7
|
5
|
(1)
|
(0)
|
1
|
(0)
|
1
|
1
|
(0)
|
4
|
5
|
6
|
2
|
1
|
1
|
2
|
(2)
|
2
|
1
|
|
Operating Income |
(10)
N/A
|
3
N/A
|
2
-27%
|
(17)
N/A
|
(14)
+13%
|
(19)
-32%
|
(17)
+13%
|
8
N/A
|
14
+83%
|
13
-7%
|
14
+10%
|
(10)
N/A
|
12
N/A
|
(0)
N/A
|
(1)
-227%
|
19
N/A
|
22
+15%
|
6
-73%
|
4
-23%
|
5
+4%
|
5
+1%
|
5
-4%
|
6
+27%
|
6
+8%
|
2
-64%
|
1
-42%
|
(1)
N/A
|
(5)
-259%
|
(6)
-17%
|
(5)
+9%
|
(6)
-12%
|
(1)
+83%
|
4
N/A
|
3
-17%
|
(1)
N/A
|
0
N/A
|
(1)
N/A
|
5
N/A
|
4
-29%
|
5
+33%
|
1
-79%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(5)
|
(1)
|
(11)
|
(14)
|
(10)
|
(10)
|
(5)
|
(2)
|
(2)
|
(3)
|
0
|
(11)
|
(10)
|
(10)
|
(9)
|
(1)
|
0
|
1
|
1
|
2
|
2
|
1
|
1
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
2
|
0
|
2
|
(1)
|
(1)
|
|
Non-Reccuring Items |
6
|
(7)
|
(7)
|
(16)
|
(8)
|
(8)
|
(8)
|
0
|
(6)
|
(3)
|
(4)
|
(4)
|
(25)
|
0
|
0
|
0
|
2
|
1
|
1
|
1
|
0
|
(1)
|
(1)
|
(1)
|
4
|
3
|
3
|
3
|
(0)
|
(0)
|
(0)
|
(0)
|
(5)
|
(5)
|
(6)
|
(5)
|
(0)
|
(1)
|
(6)
|
(5)
|
(0)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
3
|
4
|
(0)
|
|
Pre-Tax Income |
(7)
N/A
|
(10)
-43%
|
(6)
+33%
|
(43)
-579%
|
(37)
+14%
|
(37)
-1%
|
(35)
+7%
|
2
N/A
|
5
+119%
|
8
+60%
|
8
+0%
|
(14)
N/A
|
(24)
-75%
|
(10)
+58%
|
(11)
-6%
|
10
N/A
|
23
+131%
|
7
-71%
|
6
-11%
|
7
+12%
|
7
+5%
|
6
-22%
|
6
+9%
|
6
-1%
|
5
-10%
|
4
-29%
|
2
-56%
|
(2)
N/A
|
(7)
-256%
|
(6)
+6%
|
(6)
-2%
|
(1)
+80%
|
(1)
+6%
|
(2)
-40%
|
(6)
-269%
|
(5)
+17%
|
1
N/A
|
4
+409%
|
3
-26%
|
2
-23%
|
(1)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3)
|
(4)
|
(2)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(5)
|
(4)
|
(5)
|
(2)
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
4
|
4
|
4
|
(0)
|
1
|
1
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
(9)
|
(13)
|
(8)
|
(47)
|
(40)
|
(40)
|
(38)
|
(0)
|
3
|
7
|
6
|
(16)
|
(26)
|
(15)
|
(15)
|
5
|
21
|
7
|
6
|
7
|
7
|
6
|
6
|
6
|
4
|
3
|
1
|
(2)
|
(7)
|
(6)
|
(3)
|
2
|
2
|
(2)
|
(5)
|
(4)
|
1
|
4
|
2
|
2
|
(1)
|
|
Income to Minority Interest |
2
|
6
|
6
|
6
|
9
|
8
|
8
|
8
|
1
|
(0)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
1
|
1
|
1
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(5)
|
(17)
|
|
Net Income (Common) |
(8)
N/A
|
(7)
+7%
|
(2)
+66%
|
(41)
-1 597%
|
(31)
+24%
|
(32)
-3%
|
(30)
+7%
|
8
N/A
|
5
-37%
|
6
+36%
|
6
-14%
|
(16)
N/A
|
(27)
-69%
|
(14)
+48%
|
(15)
-6%
|
5
N/A
|
21
+302%
|
6
-71%
|
6
-3%
|
6
+8%
|
7
+17%
|
6
-13%
|
6
+2%
|
7
+5%
|
4
-37%
|
3
-33%
|
1
-51%
|
(2)
N/A
|
(6)
-245%
|
(5)
+6%
|
(2)
+62%
|
3
N/A
|
2
-19%
|
(2)
N/A
|
(5)
-149%
|
(4)
+17%
|
0
N/A
|
4
+1 074%
|
3
-36%
|
(4)
N/A
|
(18)
-384%
|
|
EPS (Diluted) |
-0.07
N/A
|
-0.07
N/A
|
-0.02
+71%
|
-0.4
-1 900%
|
-0.34
+15%
|
-0.35
-3%
|
-0.22
+37%
|
0.06
N/A
|
0.04
-33%
|
0.05
+25%
|
0.04
-20%
|
-0.12
N/A
|
-0.19
-58%
|
-0.11
+42%
|
-0.11
N/A
|
0.03
N/A
|
0.15
+400%
|
0.04
-73%
|
0.04
N/A
|
0.05
+25%
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.03
-40%
|
0.02
-33%
|
0.01
-50%
|
-0.01
N/A
|
-0.04
-300%
|
-0.04
N/A
|
-0.01
+75%
|
0.02
N/A
|
0.02
N/A
|
-0.01
N/A
|
-0.04
-300%
|
-0.03
+25%
|
0
N/A
|
0.03
N/A
|
0.02
-33%
|
-0.03
N/A
|
-0.13
-333%
|