Nordic Group Ltd
SGX:MR7
Income Statement
Earnings Waterfall
Nordic Group Ltd
Income Statement
Nordic Group Ltd
| Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | 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 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
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
|
2
|
0
|
1
|
0
|
1
|
1
|
2
|
3
|
4
|
4
|
4
|
0
|
|
| Revenue |
31
N/A
|
43
+35%
|
46
+7%
|
45
-1%
|
44
-2%
|
47
+7%
|
50
+5%
|
55
+11%
|
64
+15%
|
65
+2%
|
60
-7%
|
57
-5%
|
56
-3%
|
59
+6%
|
66
+12%
|
68
+3%
|
71
+3%
|
72
+1%
|
72
+1%
|
75
+3%
|
78
+4%
|
80
+3%
|
80
+1%
|
84
+4%
|
84
+1%
|
84
0%
|
82
-3%
|
82
+0%
|
84
+3%
|
90
+6%
|
92
+2%
|
94
+3%
|
96
+2%
|
91
-6%
|
92
+1%
|
88
-3%
|
83
-6%
|
83
-1%
|
85
+2%
|
77
-9%
|
81
+5%
|
97
+20%
|
103
+6%
|
134
+30%
|
163
+22%
|
172
+6%
|
161
-7%
|
147
-8%
|
158
+7%
|
167
+5%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(20)
|
(27)
|
(32)
|
(32)
|
(33)
|
(37)
|
(38)
|
(41)
|
(46)
|
(45)
|
(39)
|
(37)
|
(37)
|
(40)
|
(45)
|
(46)
|
(47)
|
(47)
|
(53)
|
(55)
|
(59)
|
(61)
|
(58)
|
(59)
|
(58)
|
(58)
|
(56)
|
(57)
|
(58)
|
(61)
|
(61)
|
(63)
|
(66)
|
(64)
|
(68)
|
(67)
|
(63)
|
(64)
|
(63)
|
(59)
|
(63)
|
(73)
|
(75)
|
(98)
|
(117)
|
(128)
|
(124)
|
(115)
|
(122)
|
(129)
|
|
| Gross Profit |
11
N/A
|
16
+36%
|
14
-10%
|
13
-6%
|
12
-12%
|
11
-8%
|
12
+13%
|
14
+17%
|
18
+28%
|
20
+10%
|
21
+4%
|
20
-4%
|
19
-5%
|
19
+1%
|
21
+11%
|
22
+3%
|
24
+8%
|
25
+3%
|
19
-22%
|
20
+3%
|
18
-6%
|
19
+1%
|
22
+20%
|
25
+10%
|
26
+5%
|
27
+2%
|
26
-4%
|
25
-1%
|
27
+5%
|
29
+9%
|
30
+5%
|
31
+2%
|
30
-3%
|
27
-11%
|
23
-13%
|
22
-6%
|
20
-8%
|
19
-5%
|
21
+12%
|
18
-16%
|
18
+1%
|
24
+31%
|
28
+18%
|
35
+27%
|
46
+29%
|
45
-2%
|
36
-19%
|
32
-12%
|
37
+15%
|
38
+4%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(10)
|
(12)
|
(13)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(15)
|
(15)
|
(15)
|
(15)
|
(10)
|
(9)
|
(8)
|
(7)
|
(10)
|
(11)
|
(11)
|
(11)
|
(10)
|
(9)
|
(10)
|
(11)
|
(11)
|
(13)
|
(12)
|
(10)
|
(10)
|
(9)
|
(10)
|
(9)
|
(11)
|
(10)
|
(11)
|
(13)
|
(13)
|
(18)
|
(22)
|
(21)
|
(15)
|
(12)
|
(16)
|
(16)
|
|
| Selling, General & Administrative |
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(8)
|
(10)
|
(12)
|
(14)
|
(14)
|
(12)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(15)
|
(16)
|
(9)
|
(10)
|
(10)
|
(9)
|
(10)
|
(12)
|
(12)
|
(11)
|
(9)
|
(10)
|
(11)
|
(11)
|
(10)
|
(13)
|
(13)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(11)
|
(13)
|
(11)
|
(15)
|
(12)
|
(19)
|
(21)
|
(22)
|
(15)
|
(15)
|
(14)
|
(16)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
(3)
|
0
|
(2)
|
0
|
(3)
|
0
|
(2)
|
0
|
(3)
|
0
|
|
| Other Operating Expenses |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
2
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
0
|
1
|
(0)
|
1
|
2
|
3
|
3
|
3
|
3
|
2
|
3
|
3
|
2
|
1
|
1
|
1
|
0
|
3
|
3
|
0
|
0
|
|
| Operating Income |
8
N/A
|
11
+37%
|
9
-18%
|
8
-12%
|
6
-27%
|
3
-39%
|
2
-30%
|
3
+11%
|
5
+86%
|
6
+19%
|
7
+23%
|
7
-3%
|
6
-12%
|
6
N/A
|
7
+10%
|
7
+12%
|
9
+20%
|
10
+8%
|
9
-5%
|
10
+12%
|
10
-1%
|
12
+16%
|
12
+5%
|
14
+14%
|
15
+7%
|
16
+3%
|
15
0%
|
16
+4%
|
17
+5%
|
18
+6%
|
20
+8%
|
18
-7%
|
19
+2%
|
17
-8%
|
13
-21%
|
12
-8%
|
10
-18%
|
10
-5%
|
11
+13%
|
8
-26%
|
7
-17%
|
11
+65%
|
15
+36%
|
18
+20%
|
23
+32%
|
23
+0%
|
22
-7%
|
20
-9%
|
21
+5%
|
22
+5%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
(1)
|
(0)
|
0
|
(3)
|
(3)
|
(4)
|
(3)
|
(1)
|
(2)
|
|
| Non-Reccuring Items |
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
|
0
|
0
|
0
|
(0)
|
2
|
0
|
1
|
2
|
0
|
2
|
2
|
0
|
(0)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
0
|
(1)
|
(1)
|
(2)
|
0
|
(1)
|
(1)
|
(0)
|
0
|
(1)
|
(1)
|
(0)
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
8
N/A
|
11
+36%
|
9
-19%
|
8
-12%
|
5
-27%
|
3
-43%
|
2
-45%
|
1
-15%
|
4
+151%
|
4
+16%
|
5
+23%
|
5
-4%
|
4
-20%
|
4
+9%
|
7
+52%
|
7
+1%
|
8
+22%
|
9
+10%
|
9
+1%
|
10
+7%
|
10
-1%
|
11
+14%
|
12
+8%
|
13
+9%
|
14
+7%
|
15
+4%
|
15
+1%
|
15
+5%
|
16
+6%
|
17
+5%
|
17
-2%
|
17
+1%
|
17
+1%
|
16
-8%
|
12
-23%
|
11
-12%
|
8
-22%
|
8
-7%
|
9
+18%
|
7
-29%
|
6
-10%
|
12
+103%
|
14
+21%
|
19
+34%
|
22
+16%
|
21
-7%
|
20
-6%
|
18
-7%
|
20
+11%
|
20
-2%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(4)
|
(4)
|
(3)
|
(3)
|
|
| Income from Continuing Operations |
7
|
9
|
7
|
6
|
5
|
3
|
2
|
1
|
3
|
4
|
5
|
5
|
4
|
4
|
6
|
6
|
7
|
8
|
8
|
8
|
9
|
10
|
11
|
11
|
12
|
12
|
13
|
13
|
14
|
15
|
15
|
16
|
17
|
15
|
11
|
10
|
8
|
7
|
8
|
6
|
5
|
11
|
14
|
18
|
21
|
19
|
16
|
14
|
18
|
17
|
|
| Income to Minority Interest |
(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
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
6
N/A
|
9
+38%
|
7
-21%
|
6
-13%
|
5
-24%
|
3
-44%
|
2
-32%
|
1
-17%
|
3
+116%
|
4
+15%
|
5
+25%
|
5
N/A
|
4
-16%
|
4
+11%
|
6
+43%
|
6
+1%
|
7
+21%
|
8
+9%
|
8
-3%
|
8
+7%
|
9
+1%
|
10
+14%
|
11
+8%
|
11
+8%
|
12
+4%
|
12
+3%
|
13
+4%
|
13
+4%
|
14
+5%
|
15
+6%
|
15
+4%
|
16
+4%
|
17
+4%
|
15
-6%
|
11
-27%
|
10
-12%
|
8
-21%
|
7
-5%
|
8
+14%
|
6
-29%
|
5
-10%
|
11
+108%
|
14
+22%
|
18
+27%
|
21
+17%
|
19
-7%
|
16
-17%
|
14
-10%
|
18
+22%
|
17
-1%
|
|
| EPS (Diluted) |
0.03
N/A
|
0.04
+33%
|
0.02
-50%
|
0.02
N/A
|
0.01
-50%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.02
N/A
|
0.01
-50%
|
0.02
+100%
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.03
+50%
|
0.03
N/A
|
0.04
+33%
|
0.04
N/A
|
0.04
N/A
|
0.03
-25%
|
0.04
+33%
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.03
-25%
|
0.02
-33%
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.01
-50%
|
0.03
+200%
|
0.04
+33%
|
0.05
+25%
|
0.05
N/A
|
0.05
N/A
|
0.04
-20%
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
|