Avarga Ltd
SGX:U09
Income Statement
Earnings Waterfall
Avarga Ltd
Revenue
|
1.7B
SGD
|
Cost of Revenue
|
-1.5B
SGD
|
Gross Profit
|
199.4m
SGD
|
Operating Expenses
|
-156m
SGD
|
Operating Income
|
43.4m
SGD
|
Other Expenses
|
-34.3m
SGD
|
Net Income
|
9.1m
SGD
|
Income Statement
Avarga 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 |
51
N/A
|
49
-4%
|
49
-1%
|
49
0%
|
50
+3%
|
49
-2%
|
49
+0%
|
48
-2%
|
48
+1%
|
109
+126%
|
111
+2%
|
114
+3%
|
117
+2%
|
61
-47%
|
62
+1%
|
61
-1%
|
61
0%
|
62
+1%
|
62
+1%
|
62
0%
|
63
+3%
|
280
+342%
|
673
+141%
|
1 106
+64%
|
1 455
+32%
|
1 576
+8%
|
1 620
+3%
|
1 609
-1%
|
1 573
-2%
|
1 530
-3%
|
1 454
-5%
|
1 408
-3%
|
1 404
0%
|
1 436
+2%
|
1 693
+18%
|
2 416
+43%
|
2 435
+1%
|
2 371
-3%
|
2 368
0%
|
1 854
-22%
|
1 700
-8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(45)
|
(44)
|
(43)
|
(42)
|
(42)
|
(41)
|
(41)
|
(40)
|
(40)
|
(99)
|
(99)
|
(101)
|
(101)
|
(44)
|
(45)
|
(44)
|
(44)
|
(43)
|
(43)
|
(43)
|
(45)
|
(251)
|
(611)
|
(1 003)
|
(1 323)
|
(1 423)
|
(1 460)
|
(1 459)
|
(1 427)
|
(1 388)
|
(1 318)
|
(1 264)
|
(1 254)
|
(1 275)
|
(1 446)
|
(1 989)
|
(2 101)
|
(2 106)
|
(2 058)
|
(1 636)
|
(1 501)
|
|
Gross Profit |
6
N/A
|
6
-2%
|
6
+11%
|
7
+13%
|
8
+17%
|
8
-1%
|
8
N/A
|
8
-2%
|
8
+3%
|
10
+17%
|
12
+22%
|
14
+16%
|
16
+15%
|
17
+8%
|
17
-1%
|
17
+4%
|
18
+2%
|
18
+5%
|
19
+3%
|
19
N/A
|
19
-1%
|
29
+54%
|
63
+119%
|
103
+64%
|
132
+28%
|
154
+16%
|
161
+4%
|
150
-7%
|
146
-3%
|
142
-3%
|
136
-4%
|
144
+6%
|
150
+4%
|
161
+7%
|
248
+54%
|
427
+72%
|
334
-22%
|
266
-21%
|
311
+17%
|
218
-30%
|
199
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(6)
|
(6)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
(7)
|
(8)
|
(5)
|
(5)
|
(3)
|
(8)
|
(8)
|
(7)
|
(9)
|
(7)
|
(20)
|
(42)
|
(67)
|
(92)
|
(101)
|
(105)
|
(101)
|
(100)
|
(89)
|
(84)
|
(87)
|
(100)
|
(101)
|
(136)
|
(209)
|
(191)
|
(166)
|
(188)
|
(148)
|
(156)
|
|
Selling, General & Administrative |
(6)
|
(6)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(8)
|
(23)
|
(45)
|
(71)
|
(92)
|
(100)
|
(103)
|
(100)
|
(101)
|
(98)
|
(95)
|
(97)
|
(100)
|
(103)
|
(138)
|
(222)
|
(190)
|
(162)
|
(183)
|
(140)
|
(141)
|
|
Other Operating Expenses |
(0)
|
(0)
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
(1)
|
1
|
0
|
4
|
3
|
5
|
0
|
(1)
|
0
|
(2)
|
0
|
3
|
2
|
4
|
1
|
(2)
|
(2)
|
(1)
|
1
|
9
|
11
|
10
|
(0)
|
2
|
2
|
13
|
(1)
|
(4)
|
(5)
|
(8)
|
(15)
|
|
Operating Income |
(0)
N/A
|
(0)
+75%
|
1
N/A
|
2
+60%
|
3
+56%
|
2
-8%
|
2
+4%
|
1
-46%
|
1
N/A
|
3
+108%
|
4
+30%
|
7
+94%
|
8
+18%
|
13
+58%
|
12
-3%
|
15
+20%
|
9
-35%
|
10
+6%
|
12
+16%
|
10
-16%
|
11
+16%
|
8
-26%
|
20
+143%
|
36
+78%
|
41
+12%
|
53
+28%
|
56
+6%
|
49
-12%
|
45
-7%
|
53
+17%
|
52
-2%
|
57
+10%
|
51
-12%
|
60
+18%
|
112
+87%
|
218
+95%
|
144
-34%
|
99
-31%
|
123
+24%
|
70
-43%
|
43
-38%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
2
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
2
|
(3)
|
(7)
|
(12)
|
(19)
|
(15)
|
(12)
|
(10)
|
(15)
|
(10)
|
(11)
|
(11)
|
(8)
|
(12)
|
(9)
|
(10)
|
(7)
|
(10)
|
(13)
|
(7)
|
(4)
|
|
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
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
11
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
1
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
1
|
(0)
|
2
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(0)
N/A
|
(0)
+75%
|
1
N/A
|
2
+60%
|
2
+50%
|
2
-13%
|
2
N/A
|
1
-52%
|
2
+50%
|
3
+73%
|
4
+35%
|
7
+94%
|
10
+43%
|
13
+30%
|
12
-3%
|
15
+20%
|
13
-9%
|
10
-25%
|
12
+16%
|
10
-16%
|
13
+34%
|
6
-56%
|
13
+124%
|
24
+85%
|
25
+5%
|
38
+50%
|
44
+15%
|
39
-10%
|
31
-20%
|
43
+39%
|
41
-5%
|
46
+11%
|
53
+16%
|
48
-10%
|
102
+112%
|
208
+103%
|
136
-34%
|
89
-35%
|
110
+24%
|
62
-43%
|
39
-37%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
3
|
(0)
|
(4)
|
(10)
|
(15)
|
(19)
|
(15)
|
(11)
|
(11)
|
(7)
|
(12)
|
(13)
|
(14)
|
(27)
|
(55)
|
(36)
|
(25)
|
(33)
|
(20)
|
(14)
|
|
Income from Continuing Operations |
(0)
|
0
|
1
|
2
|
3
|
2
|
2
|
1
|
2
|
3
|
3
|
7
|
10
|
12
|
12
|
15
|
13
|
10
|
12
|
10
|
13
|
9
|
13
|
20
|
15
|
23
|
25
|
24
|
20
|
33
|
34
|
34
|
41
|
34
|
75
|
152
|
101
|
64
|
77
|
43
|
25
|
|
Income to Minority Interest |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
2
|
1
|
(2)
|
(1)
|
(6)
|
(8)
|
(8)
|
(9)
|
(7)
|
(6)
|
(7)
|
(8)
|
(10)
|
(20)
|
(41)
|
(27)
|
(19)
|
(26)
|
(16)
|
(16)
|
|
Net Income (Common) |
(1)
N/A
|
(0)
+67%
|
1
N/A
|
1
+71%
|
2
+67%
|
2
-20%
|
2
N/A
|
1
-63%
|
1
+50%
|
2
+122%
|
3
+45%
|
6
+110%
|
9
+48%
|
12
+31%
|
12
-3%
|
14
+22%
|
13
-9%
|
10
-25%
|
11
+16%
|
9
-16%
|
13
+35%
|
10
-19%
|
13
+29%
|
19
+42%
|
14
-27%
|
16
+19%
|
17
+1%
|
15
-7%
|
11
-28%
|
26
+129%
|
28
+8%
|
28
0%
|
33
+18%
|
24
-27%
|
55
+130%
|
112
+104%
|
73
-34%
|
45
-39%
|
51
+14%
|
27
-48%
|
9
-66%
|
|
EPS (Diluted) |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
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
|
0.01
N/A
|
0.02
+100%
|
0.01
-50%
|
0.01
N/A
|
0
N/A
|
0.02
N/A
|
0.01
-50%
|
0.02
+100%
|
0.03
+50%
|
0.02
-33%
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.01
-50%
|
0.03
+200%
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.06
+100%
|
0.12
+100%
|
0.08
-33%
|
0.05
-38%
|
0.06
+20%
|
0.03
-50%
|
0.01
-67%
|