Mermaid Maritime PCL
SGX:DU4
Income Statement
Earnings Waterfall
Mermaid Maritime PCL
Revenue
|
275.4m
USD
|
Cost of Revenue
|
-242.7m
USD
|
Gross Profit
|
32.7m
USD
|
Operating Expenses
|
-19m
USD
|
Operating Income
|
13.7m
USD
|
Other Expenses
|
-4.1m
USD
|
Net Income
|
9.6m
USD
|
Income Statement
Mermaid Maritime PCL
Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-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 | 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 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
270
N/A
|
300
+11%
|
317
+6%
|
314
-1%
|
313
0%
|
226
-28%
|
256
+13%
|
265
+3%
|
337
+27%
|
315
-6%
|
258
-18%
|
213
-17%
|
185
-13%
|
182
-2%
|
177
-3%
|
155
-12%
|
145
-7%
|
126
-13%
|
103
-18%
|
102
-1%
|
95
-7%
|
103
+8%
|
106
+3%
|
103
-2%
|
106
+3%
|
102
-3%
|
116
+13%
|
111
-4%
|
84
-24%
|
102
+22%
|
89
-14%
|
93
+5%
|
112
+20%
|
133
+19%
|
164
+23%
|
204
+24%
|
224
+10%
|
227
+1%
|
234
+3%
|
254
+8%
|
275
+9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(219)
|
(242)
|
(254)
|
(255)
|
(255)
|
(202)
|
(229)
|
(235)
|
(242)
|
(270)
|
(220)
|
(184)
|
(144)
|
(146)
|
(144)
|
(132)
|
(120)
|
(112)
|
(101)
|
(101)
|
(101)
|
(107)
|
(108)
|
(109)
|
(103)
|
(112)
|
(137)
|
(131)
|
(86)
|
(115)
|
(87)
|
(91)
|
(97)
|
(139)
|
(165)
|
(197)
|
(159)
|
(205)
|
(209)
|
(223)
|
(243)
|
|
Gross Profit |
51
N/A
|
58
+15%
|
63
+9%
|
60
-6%
|
58
-3%
|
24
-58%
|
27
+12%
|
30
+9%
|
95
+220%
|
46
-52%
|
37
-18%
|
29
-22%
|
41
+42%
|
36
-13%
|
34
-6%
|
24
-30%
|
25
+5%
|
14
-42%
|
2
-85%
|
2
-22%
|
(6)
N/A
|
(5)
+23%
|
(2)
+52%
|
(6)
-158%
|
2
N/A
|
(10)
N/A
|
(21)
-119%
|
(20)
+3%
|
(2)
+88%
|
(12)
-408%
|
1
N/A
|
2
+69%
|
14
+570%
|
(6)
N/A
|
(1)
+76%
|
7
N/A
|
65
+853%
|
23
-65%
|
25
+13%
|
31
+21%
|
33
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(31)
|
(31)
|
(32)
|
(33)
|
(36)
|
(33)
|
(36)
|
(34)
|
(110)
|
(205)
|
(200)
|
(196)
|
(35)
|
(27)
|
(27)
|
(26)
|
(23)
|
(20)
|
(20)
|
(20)
|
(25)
|
(24)
|
(24)
|
(24)
|
(23)
|
(22)
|
(24)
|
(29)
|
(24)
|
(27)
|
(23)
|
(15)
|
(27)
|
(13)
|
(13)
|
(13)
|
(62)
|
(15)
|
(16)
|
(18)
|
(19)
|
|
Selling, General & Administrative |
(31)
|
(31)
|
(33)
|
(33)
|
(36)
|
(33)
|
(36)
|
(34)
|
(110)
|
(42)
|
(37)
|
(33)
|
(36)
|
(30)
|
(29)
|
(28)
|
(24)
|
(23)
|
(23)
|
(22)
|
(27)
|
(25)
|
(24)
|
(24)
|
(23)
|
(23)
|
(25)
|
(30)
|
(23)
|
(28)
|
(24)
|
(17)
|
(29)
|
(15)
|
(16)
|
(16)
|
(62)
|
(17)
|
(18)
|
(19)
|
(21)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
(163)
|
(163)
|
(163)
|
1
|
3
|
3
|
3
|
2
|
2
|
2
|
3
|
3
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
3
|
2
|
2
|
2
|
1
|
2
|
2
|
2
|
2
|
|
Operating Income |
20
N/A
|
28
+37%
|
31
+12%
|
27
-12%
|
22
-20%
|
(9)
N/A
|
(9)
-6%
|
(4)
+54%
|
(16)
-283%
|
(160)
-917%
|
(163)
-2%
|
(167)
-2%
|
6
N/A
|
9
+48%
|
7
-20%
|
(2)
N/A
|
1
N/A
|
(6)
N/A
|
(18)
-210%
|
(18)
+0%
|
(31)
-75%
|
(29)
+8%
|
(26)
+11%
|
(30)
-16%
|
(21)
+31%
|
(32)
-52%
|
(45)
-42%
|
(50)
-11%
|
(26)
+48%
|
(39)
-51%
|
(22)
+45%
|
(13)
+39%
|
(13)
+4%
|
(19)
-47%
|
(15)
+21%
|
(6)
+56%
|
3
N/A
|
7
+172%
|
9
+25%
|
13
+39%
|
14
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
9
|
18
|
25
|
29
|
20
|
21
|
22
|
(52)
|
(55)
|
(60)
|
(66)
|
9
|
6
|
4
|
3
|
3
|
3
|
4
|
5
|
5
|
5
|
4
|
4
|
2
|
3
|
2
|
(70)
|
(71)
|
(72)
|
(73)
|
(3)
|
(2)
|
(0)
|
1
|
1
|
(1)
|
(3)
|
(3)
|
(4)
|
(2)
|
|
Non-Reccuring Items |
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(163)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
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 |
21
N/A
|
37
+78%
|
49
+34%
|
52
+6%
|
51
-3%
|
11
-77%
|
12
+7%
|
17
+42%
|
(231)
N/A
|
(215)
+7%
|
(223)
-4%
|
(232)
-4%
|
14
N/A
|
15
+3%
|
11
-28%
|
1
-92%
|
4
+433%
|
(3)
N/A
|
(14)
-431%
|
(13)
+4%
|
(26)
-99%
|
(24)
+8%
|
(22)
+10%
|
(27)
-20%
|
(24)
+11%
|
(29)
-23%
|
(43)
-49%
|
(120)
-176%
|
(107)
+11%
|
(111)
-4%
|
(94)
+15%
|
(16)
+83%
|
(15)
+6%
|
(19)
-28%
|
(14)
+28%
|
(5)
+61%
|
2
N/A
|
5
+148%
|
6
+25%
|
9
+54%
|
11
+21%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(8)
|
(9)
|
(10)
|
(5)
|
(1)
|
1
|
(1)
|
(1)
|
1
|
1
|
2
|
3
|
2
|
2
|
2
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(2)
|
(2)
|
(3)
|
(3)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
(2)
|
|
Income from Continuing Operations |
15
|
29
|
40
|
42
|
45
|
11
|
13
|
16
|
(231)
|
(214)
|
(222)
|
(231)
|
17
|
17
|
13
|
3
|
4
|
(3)
|
(14)
|
(14)
|
(27)
|
(25)
|
(23)
|
(27)
|
(24)
|
(30)
|
(43)
|
(121)
|
(110)
|
(114)
|
(97)
|
(17)
|
(16)
|
(20)
|
(14)
|
(7)
|
0
|
3
|
4
|
8
|
10
|
|
Income to Minority Interest |
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
2
|
2
|
2
|
2
|
(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)
|
(1)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
16
N/A
|
29
+85%
|
40
+37%
|
42
+6%
|
45
+8%
|
11
-76%
|
14
+24%
|
16
+20%
|
(229)
N/A
|
(212)
+7%
|
(220)
-4%
|
(229)
-4%
|
17
N/A
|
17
-4%
|
12
-25%
|
3
-77%
|
4
+45%
|
(3)
N/A
|
(14)
-419%
|
(14)
+1%
|
(27)
-96%
|
(25)
+8%
|
(23)
+8%
|
(27)
-19%
|
(24)
+11%
|
(29)
-21%
|
(43)
-47%
|
(121)
-181%
|
(110)
+10%
|
(114)
-4%
|
(98)
+14%
|
(17)
+82%
|
(16)
+10%
|
(19)
-24%
|
(14)
+28%
|
(7)
+51%
|
(0)
+97%
|
3
N/A
|
4
+32%
|
8
+107%
|
10
+24%
|
|
EPS (Diluted) |
0.01
N/A
|
0.02
+100%
|
0.03
+50%
|
0.03
N/A
|
0.03
N/A
|
0.01
-67%
|
0.01
N/A
|
0.01
N/A
|
-0.16
N/A
|
-0.15
+6%
|
-0.15
N/A
|
-0.15
N/A
|
0.01
N/A
|
0.02
+100%
|
0.01
-50%
|
0
N/A
|
0
N/A
|
0
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.02
-100%
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.03
-50%
|
-0.09
-200%
|
-0.08
+11%
|
-0.08
N/A
|
-0.07
+13%
|
-0.01
+86%
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|