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Cortina Holdings Ltd
SGX:C41

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Cortina Holdings Ltd
SGX:C41
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Price: 3.47 SGD Market Closed
Market Cap: S$574.6m

Income Statement

Earnings Waterfall
Cortina Holdings Ltd

Income Statement
Cortina Holdings Ltd

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Income Statement
Currency: SGD
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 Mar-2020 Sep-2020 Mar-2021 Sep-2021 Mar-2022 Sep-2022 Mar-2023 Sep-2023 Mar-2024 Sep-2024 Mar-2025 Sep-2025
Revenue
Interest Expense
3
0
0
0
3
0
0
0
3
0
0
0
2
0
0
0
1
0
0
2
0
2
0
4
0
4
0
5
0
0
0
Revenue
405
N/A
395
-2%
397
+0%
397
N/A
367
-7%
378
+3%
374
-1%
378
+1%
391
+3%
391
+0%
419
+7%
440
+5%
466
+6%
477
+2%
471
-1%
472
+0%
461
-2%
482
+5%
628
+30%
514
-18%
431
-16%
437
+1%
587
+35%
717
+22%
799
+11%
827
+3%
811
-2%
811
+0%
833
+3%
863
+4%
919
+6%
Gross Profit
Cost of Revenue
(317)
(309)
(308)
(306)
(284)
(291)
(288)
(291)
(301)
(301)
(323)
(338)
(358)
(365)
(359)
(357)
(344)
(357)
(462)
(374)
(310)
(310)
(412)
(483)
(529)
(555)
(542)
(541)
(560)
(583)
(622)
Gross Profit
87
N/A
87
-1%
89
+3%
90
+1%
84
-7%
87
+4%
87
-1%
87
+0%
90
+3%
90
0%
96
+7%
101
+6%
108
+7%
112
+4%
112
0%
116
+3%
117
+1%
124
+7%
166
+33%
140
-16%
120
-14%
126
+5%
176
+39%
233
+33%
271
+16%
272
+1%
269
-1%
270
+0%
273
+1%
280
+3%
296
+6%
Operating Income
Operating Expenses
(66)
(67)
(68)
(69)
(68)
(70)
(70)
(71)
(72)
(72)
(74)
(75)
(78)
(79)
(78)
(76)
(77)
(79)
(104)
(86)
(71)
(79)
(104)
(143)
(158)
(161)
(166)
(172)
(181)
(186)
(196)
Selling, General & Administrative
(45)
(46)
(47)
(49)
(48)
(49)
(50)
(50)
(56)
(52)
(53)
(54)
(60)
(56)
(56)
(56)
(60)
(51)
(56)
(44)
(35)
(39)
(48)
(84)
(75)
(93)
(77)
(95)
(81)
(105)
(92)
Depreciation & Amortization
(4)
(4)
(5)
(5)
(5)
(5)
(5)
(5)
(5)
(5)
(6)
(6)
(1)
(6)
(6)
(6)
(5)
(11)
(24)
(29)
(37)
(28)
(33)
(40)
(41)
(41)
(45)
(49)
(54)
(55)
(58)
Other Operating Expenses
(17)
(17)
(16)
(16)
(16)
(17)
(16)
(16)
(10)
(14)
(15)
(15)
(17)
(16)
(16)
(14)
(11)
(17)
(23)
(13)
1
(12)
(22)
(20)
(42)
(26)
(44)
(28)
(47)
(26)
(46)
Operating Income
21
N/A
20
-6%
21
+6%
21
0%
15
-27%
17
+11%
16
-5%
16
-1%
18
+13%
18
-2%
22
+26%
26
+17%
30
+15%
34
+13%
35
+3%
40
+15%
40
+1%
45
+13%
62
+38%
54
-13%
49
-9%
48
-3%
72
+51%
90
+25%
113
+25%
111
-2%
103
-7%
98
-5%
92
-7%
95
+3%
100
+5%
Pre-Tax Income
Interest Income Expense
(3)
(3)
(3)
(3)
(4)
(3)
(3)
(3)
(2)
(3)
(2)
(2)
(1)
(2)
(1)
(1)
(0)
(1)
(2)
(1)
(1)
(1)
(2)
(2)
(3)
(5)
(3)
(7)
(4)
(6)
(6)
Non-Reccuring Items
(0)
0
0
0
(1)
0
0
0
(0)
0
0
0
(0)
0
0
0
(0)
0
0
(0)
0
7
0
5
0
(1)
0
(0)
0
(0)
0
Gain/Loss on Disposition of Assets
3
0
0
0
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
2
0
Total Other Income
0
(2)
(2)
(1)
0
(0)
(0)
(1)
0
(1)
(1)
(1)
0
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Pre-Tax Income
20
N/A
17
-18%
18
+8%
18
N/A
11
-38%
14
+27%
13
-6%
13
-1%
16
+21%
15
-4%
20
+31%
24
+19%
29
+20%
32
+12%
33
+3%
38
+16%
39
+2%
44
+12%
61
+37%
53
-12%
48
-9%
55
+13%
70
+28%
93
+33%
110
+19%
106
-3%
100
-6%
91
-9%
87
-4%
90
+4%
94
+4%
Net Income
Tax Provision
(4)
(4)
(4)
(4)
(3)
(3)
(3)
(3)
(3)
(3)
(4)
(5)
(6)
(6)
(6)
(8)
(8)
(9)
(13)
(11)
(11)
(12)
(15)
(19)
(22)
(23)
(24)
(24)
(23)
(20)
(21)
Income from Continuing Operations
17
14
15
15
8
11
10
10
12
12
16
19
23
26
27
30
31
35
48
42
38
43
54
74
88
84
76
67
64
70
73
Income to Minority Interest
(1)
(1)
(1)
(1)
(0)
(1)
(1)
(0)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(2)
(2)
(3)
(2)
(3)
(3)
(4)
(5)
(7)
(7)
(7)
(6)
(6)
(6)
(7)
Net Income (Common)
15
N/A
13
-16%
14
+7%
14
N/A
8
-39%
10
+23%
10
-7%
9
-3%
12
+27%
11
-3%
15
+33%
18
+20%
22
+22%
25
+10%
25
+3%
29
+14%
29
+0%
33
+13%
45
+38%
39
-13%
35
-11%
40
+14%
51
+27%
69
+36%
81
+18%
77
-6%
70
-9%
61
-12%
58
-5%
64
+10%
66
+4%
EPS (Diluted)
0.09
N/A
0.08
-11%
0.09
+12%
0.09
N/A
0.05
-44%
0.07
+40%
0.06
-14%
0.06
N/A
0.07
+17%
0.07
N/A
0.1
+43%
0.11
+10%
0.14
+27%
0.15
+7%
0.15
N/A
0.18
+20%
0.17
-6%
0.2
+18%
0.27
+35%
0.24
-11%
0.21
-13%
0.24
+14%
0.31
+29%
0.42
+35%
0.49
+17%
0.46
-6%
0.42
-9%
0.37
-12%
0.35
-5%
0.38
+9%
0.4
+5%