USP Group Ltd
SGX:BRS
Income Statement
Earnings Waterfall
USP Group Ltd
Income Statement
USP Group Ltd
| Nov-2012 | Feb-2013 | May-2013 | Aug-2013 | Nov-2013 | Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | 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 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Revenue |
37
N/A
|
40
+7%
|
43
+7%
|
45
+4%
|
48
+7%
|
(20)
N/A
|
(19)
+4%
|
(43)
-128%
|
(6)
+86%
|
(12)
-115%
|
3
N/A
|
5
+41%
|
7
+50%
|
16
+139%
|
23
+42%
|
30
+30%
|
37
+21%
|
36
-3%
|
39
+8%
|
40
+3%
|
39
-2%
|
43
+10%
|
44
+2%
|
45
+3%
|
41
-9%
|
40
-2%
|
37
-9%
|
39
+6%
|
39
+2%
|
35
-12%
|
35
+1%
|
32
-7%
|
34
+5%
|
64
+88%
|
75
+17%
|
75
0%
|
41
-45%
|
81
+98%
|
71
-12%
|
71
-1%
|
37
-48%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(37)
|
(40)
|
(42)
|
(44)
|
(47)
|
19
|
19
|
42
|
6
|
13
|
(2)
|
(3)
|
(4)
|
(10)
|
(13)
|
(17)
|
(21)
|
(21)
|
(23)
|
(25)
|
(26)
|
(27)
|
(27)
|
(29)
|
(27)
|
(28)
|
(24)
|
(26)
|
(26)
|
(22)
|
(24)
|
(21)
|
(22)
|
(42)
|
(48)
|
(47)
|
(25)
|
(50)
|
(43)
|
(43)
|
(22)
|
|
| Gross Profit |
0
N/A
|
0
+13%
|
1
+56%
|
1
+16%
|
1
+20%
|
(0)
N/A
|
(0)
-50%
|
(1)
-177%
|
0
N/A
|
1
+2 750%
|
1
+137%
|
2
+31%
|
3
+53%
|
6
+131%
|
10
+57%
|
13
+31%
|
16
+23%
|
15
-4%
|
15
+1%
|
15
-2%
|
13
-16%
|
16
+27%
|
16
+1%
|
16
+2%
|
14
-18%
|
13
-6%
|
13
+0%
|
13
-2%
|
14
+8%
|
13
-6%
|
11
-13%
|
11
+3%
|
12
+5%
|
22
+86%
|
27
+22%
|
27
+1%
|
16
-40%
|
32
+95%
|
28
-11%
|
28
-1%
|
14
-49%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
0
|
0
|
0
|
0
|
(3)
|
(2)
|
(2)
|
(3)
|
(2)
|
(9)
|
(9)
|
(10)
|
9
|
6
|
4
|
2
|
(18)
|
(18)
|
(19)
|
(19)
|
(13)
|
(14)
|
(15)
|
(15)
|
(18)
|
(13)
|
(12)
|
(11)
|
(13)
|
(16)
|
(15)
|
(12)
|
(10)
|
(18)
|
(20)
|
(22)
|
(12)
|
(20)
|
(18)
|
(18)
|
(15)
|
|
| Selling, General & Administrative |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(5)
|
(9)
|
(12)
|
(14)
|
(14)
|
(16)
|
(17)
|
(17)
|
(13)
|
(16)
|
(16)
|
(16)
|
(13)
|
(13)
|
(12)
|
(12)
|
(14)
|
(12)
|
(11)
|
(10)
|
(12)
|
(19)
|
(22)
|
(23)
|
(13)
|
(25)
|
(22)
|
(23)
|
(15)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
3
|
3
|
3
|
3
|
0
|
(0)
|
(0)
|
(2)
|
0
|
(7)
|
(6)
|
(6)
|
16
|
16
|
15
|
16
|
(2)
|
(2)
|
(2)
|
(2)
|
1
|
1
|
1
|
1
|
(5)
|
0
|
1
|
1
|
1
|
(2)
|
(2)
|
(1)
|
2
|
2
|
2
|
1
|
1
|
3
|
3
|
3
|
0
|
|
| Operating Income |
1
N/A
|
1
+18%
|
1
+52%
|
1
-18%
|
(2)
N/A
|
(2)
+14%
|
(2)
-4%
|
(4)
-108%
|
(2)
+59%
|
(8)
-352%
|
(7)
+10%
|
(8)
-9%
|
12
N/A
|
13
+6%
|
13
+6%
|
15
+10%
|
(2)
N/A
|
(3)
-53%
|
(4)
-12%
|
(4)
-20%
|
(0)
+98%
|
2
N/A
|
1
-44%
|
1
+40%
|
(5)
N/A
|
0
N/A
|
1
+2 775%
|
2
+54%
|
0
-71%
|
(3)
N/A
|
(4)
-17%
|
(0)
+92%
|
2
N/A
|
4
+167%
|
7
+57%
|
5
-28%
|
5
-4%
|
12
+161%
|
10
-15%
|
10
-1%
|
(0)
N/A
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(8)
|
(1)
|
(1)
|
0
|
(5)
|
(5)
|
(5)
|
(6)
|
(1)
|
(2)
|
(2)
|
(2)
|
(7)
|
(2)
|
(2)
|
(2)
|
(5)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
| Non-Reccuring Items |
(0)
|
0
|
0
|
0
|
(2)
|
0
|
(2)
|
0
|
(2)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(4)
|
1
|
1
|
1
|
5
|
(0)
|
(0)
|
(0)
|
(0)
|
(11)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
(2)
|
(0)
|
(1)
|
(1)
|
(0)
|
1
|
(1)
|
0
|
(1)
|
0
|
|
| Total Other Income |
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
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
1
N/A
|
1
+7%
|
1
+24%
|
1
-24%
|
(4)
N/A
|
(2)
+50%
|
(4)
-118%
|
(4)
+4%
|
(4)
+6%
|
(8)
-109%
|
(9)
-4%
|
(10)
-12%
|
4
N/A
|
11
+212%
|
13
+11%
|
11
-12%
|
(6)
N/A
|
(7)
-14%
|
(8)
-14%
|
(5)
+34%
|
(1)
+81%
|
(0)
+60%
|
(1)
-152%
|
(1)
-16%
|
(23)
-1 834%
|
(2)
+91%
|
(1)
+61%
|
(1)
+29%
|
(7)
-1 040%
|
(6)
+17%
|
(6)
-4%
|
(4)
+31%
|
(1)
+64%
|
1
N/A
|
3
+189%
|
2
-45%
|
4
+168%
|
9
+106%
|
8
-11%
|
7
-10%
|
(1)
N/A
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
1
|
1
|
1
|
1
|
(0)
|
|
| Income from Continuing Operations |
(0)
|
(0)
|
0
|
(0)
|
(4)
|
(2)
|
(4)
|
(4)
|
(4)
|
(8)
|
(9)
|
(10)
|
3
|
11
|
13
|
11
|
(6)
|
(6)
|
(7)
|
(5)
|
(1)
|
(0)
|
(1)
|
(1)
|
(23)
|
(2)
|
(1)
|
(1)
|
(7)
|
(5)
|
(6)
|
(4)
|
(1)
|
1
|
3
|
2
|
5
|
10
|
9
|
8
|
(2)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
1
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
(0)
N/A
|
(0)
+16%
|
1
N/A
|
0
-36%
|
(4)
N/A
|
(5)
-23%
|
(8)
-65%
|
(8)
-6%
|
(5)
+38%
|
(9)
-73%
|
(9)
+1%
|
(10)
-10%
|
4
N/A
|
11
+204%
|
12
+10%
|
11
-11%
|
(5)
N/A
|
(6)
-11%
|
(7)
-12%
|
(3)
+52%
|
(0)
+97%
|
1
N/A
|
0
-59%
|
(1)
N/A
|
(23)
-2 655%
|
(22)
+4%
|
(21)
+6%
|
(21)
+1%
|
(7)
+68%
|
(6)
+14%
|
(6)
-1%
|
(4)
+32%
|
(1)
+68%
|
1
N/A
|
3
+127%
|
2
-47%
|
5
+230%
|
10
+85%
|
9
-10%
|
8
-8%
|
(2)
N/A
|
|
| EPS (Diluted) |
0
N/A
|
0
N/A
|
0
N/A
|
-0.01
N/A
|
-0.06
-500%
|
-0.07
-17%
|
-0.12
-71%
|
-0.12
N/A
|
-0.08
+33%
|
-0.13
-63%
|
-0.14
-8%
|
-0.15
-7%
|
0.06
N/A
|
0.16
+167%
|
0.17
+6%
|
0.13
-24%
|
-0.07
N/A
|
-0.08
-14%
|
-0.09
-12%
|
-0.03
+67%
|
-0.01
+67%
|
-0.01
N/A
|
-0.01
N/A
|
-0.02
-100%
|
-0.25
-1 150%
|
-0.24
+4%
|
-0.23
+4%
|
-0.22
+4%
|
-0.07
+68%
|
-0.05
+29%
|
-0.05
N/A
|
-0.03
+40%
|
-0.01
+67%
|
0.01
N/A
|
0.03
+200%
|
0.02
-33%
|
0.06
+200%
|
0.11
+83%
|
0.1
-9%
|
0.09
-10%
|
-0.02
N/A
|
|