Cresco Ltd
TSE:4674
Income Statement
Earnings Waterfall
Cresco Ltd
Revenue
|
51.5B
JPY
|
Cost of Revenue
|
-41.8B
JPY
|
Gross Profit
|
9.7B
JPY
|
Operating Expenses
|
-5.1B
JPY
|
Operating Income
|
4.6B
JPY
|
Other Expenses
|
-1.1B
JPY
|
Net Income
|
3.5B
JPY
|
Income Statement
Cresco Ltd
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 | 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 |
21 046
N/A
|
22 028
+5%
|
22 773
+3%
|
23 597
+4%
|
24 455
+4%
|
25 064
+2%
|
25 818
+3%
|
26 884
+4%
|
28 000
+4%
|
28 775
+3%
|
29 226
+2%
|
29 696
+2%
|
30 159
+2%
|
30 894
+2%
|
31 538
+2%
|
32 407
+3%
|
32 879
+1%
|
33 328
+1%
|
33 782
+1%
|
34 116
+1%
|
34 697
+2%
|
35 230
+2%
|
36 363
+3%
|
37 407
+3%
|
38 359
+3%
|
39 338
+3%
|
39 496
+0%
|
39 323
0%
|
39 399
+0%
|
39 706
+1%
|
40 172
+1%
|
41 565
+3%
|
43 094
+4%
|
44 450
+3%
|
45 961
+3%
|
46 698
+2%
|
47 420
+2%
|
48 368
+2%
|
48 869
+1%
|
50 691
+4%
|
51 537
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(17 495)
|
(18 304)
|
(18 829)
|
(19 403)
|
(20 056)
|
(20 552)
|
(21 204)
|
(22 010)
|
(22 851)
|
(23 544)
|
(23 859)
|
(24 345)
|
(24 718)
|
(25 148)
|
(25 631)
|
(26 267)
|
(26 667)
|
(27 020)
|
(27 498)
|
(27 766)
|
(28 185)
|
(28 556)
|
(29 323)
|
(30 214)
|
(31 115)
|
(32 091)
|
(32 541)
|
(32 407)
|
(32 404)
|
(32 507)
|
(32 575)
|
(33 549)
|
(34 674)
|
(35 752)
|
(36 963)
|
(37 539)
|
(37 974)
|
(38 726)
|
(39 449)
|
(40 902)
|
(41 787)
|
|
Gross Profit |
3 552
N/A
|
3 724
+5%
|
3 943
+6%
|
4 194
+6%
|
4 400
+5%
|
4 511
+3%
|
4 613
+2%
|
4 874
+6%
|
5 149
+6%
|
5 231
+2%
|
5 367
+3%
|
5 351
0%
|
5 441
+2%
|
5 746
+6%
|
5 907
+3%
|
6 140
+4%
|
6 212
+1%
|
6 308
+2%
|
6 285
0%
|
6 350
+1%
|
6 512
+3%
|
6 674
+2%
|
7 040
+5%
|
7 193
+2%
|
7 244
+1%
|
7 247
+0%
|
6 955
-4%
|
6 915
-1%
|
6 995
+1%
|
7 200
+3%
|
7 597
+6%
|
8 016
+6%
|
8 420
+5%
|
8 699
+3%
|
8 998
+3%
|
9 159
+2%
|
9 446
+3%
|
9 642
+2%
|
9 420
-2%
|
9 788
+4%
|
9 749
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 180)
|
(2 294)
|
(2 353)
|
(2 370)
|
(2 427)
|
(2 498)
|
(2 557)
|
(2 623)
|
(2 697)
|
(2 747)
|
(2 836)
|
(2 943)
|
(2 988)
|
(3 038)
|
(3 072)
|
(3 095)
|
(3 127)
|
(3 217)
|
(3 318)
|
(3 322)
|
(3 401)
|
(3 467)
|
(3 535)
|
(3 666)
|
(3 700)
|
(3 690)
|
(3 743)
|
(3 718)
|
(3 704)
|
(3 715)
|
(3 740)
|
(3 881)
|
(4 031)
|
(4 241)
|
(4 448)
|
(4 473)
|
(4 583)
|
(4 643)
|
(4 842)
|
(5 057)
|
(5 150)
|
|
Selling, General & Administrative |
(2 180)
|
(2 225)
|
(2 353)
|
(2 370)
|
(2 427)
|
(2 347)
|
(2 557)
|
(2 623)
|
(2 697)
|
(2 565)
|
(2 836)
|
(2 943)
|
(2 988)
|
(2 860)
|
(3 072)
|
(3 095)
|
(3 127)
|
(3 036)
|
(3 318)
|
(3 322)
|
(3 401)
|
(3 275)
|
(3 535)
|
(3 666)
|
(3 700)
|
(3 482)
|
(3 743)
|
(3 718)
|
(3 704)
|
(3 485)
|
(3 740)
|
(3 881)
|
(4 031)
|
(3 929)
|
(4 448)
|
(4 473)
|
(4 583)
|
(4 420)
|
(4 842)
|
(5 057)
|
(5 150)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
(82)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(92)
|
0
|
0
|
0
|
(93)
|
0
|
0
|
0
|
(89)
|
0
|
0
|
0
|
(88)
|
0
|
0
|
0
|
(98)
|
0
|
0
|
0
|
(131)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
(69)
|
0
|
0
|
0
|
(70)
|
0
|
0
|
0
|
(88)
|
0
|
0
|
0
|
(87)
|
0
|
0
|
0
|
(88)
|
0
|
0
|
0
|
(103)
|
0
|
0
|
0
|
(120)
|
0
|
0
|
0
|
(132)
|
0
|
0
|
0
|
(181)
|
0
|
0
|
0
|
(210)
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(94)
|
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)
|
|
Operating Income |
1 371
N/A
|
1 430
+4%
|
1 590
+11%
|
1 824
+15%
|
1 973
+8%
|
2 013
+2%
|
2 056
+2%
|
2 251
+9%
|
2 452
+9%
|
2 484
+1%
|
2 531
+2%
|
2 407
-5%
|
2 452
+2%
|
2 708
+10%
|
2 835
+5%
|
3 045
+7%
|
3 086
+1%
|
3 092
+0%
|
2 967
-4%
|
3 028
+2%
|
3 111
+3%
|
3 207
+3%
|
3 505
+9%
|
3 528
+1%
|
3 544
+0%
|
3 556
+0%
|
3 213
-10%
|
3 197
0%
|
3 291
+3%
|
3 484
+6%
|
3 857
+11%
|
4 135
+7%
|
4 389
+6%
|
4 458
+2%
|
4 550
+2%
|
4 686
+3%
|
4 863
+4%
|
4 999
+3%
|
4 578
-8%
|
4 731
+3%
|
4 599
-3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
365
|
354
|
413
|
445
|
497
|
401
|
418
|
532
|
598
|
574
|
558
|
460
|
349
|
407
|
432
|
410
|
584
|
576
|
578
|
619
|
484
|
499
|
521
|
324
|
370
|
489
|
442
|
738
|
653
|
576
|
699
|
622
|
648
|
675
|
630
|
567
|
588
|
530
|
556
|
594
|
528
|
|
Non-Reccuring Items |
(444)
|
(100)
|
(46)
|
(71)
|
(80)
|
(51)
|
(152)
|
(138)
|
(160)
|
(277)
|
(301)
|
(348)
|
(285)
|
(129)
|
(133)
|
(60)
|
(269)
|
(414)
|
(299)
|
(395)
|
(308)
|
(317)
|
(614)
|
(351)
|
(160)
|
(571)
|
312
|
82
|
156
|
151
|
(162)
|
(114)
|
(232)
|
(219)
|
(696)
|
(601)
|
(1 082)
|
(563)
|
305
|
190
|
451
|
|
Gain/Loss on Disposition of Assets |
234
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
58
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
16
|
24
|
(15)
|
(11)
|
(20)
|
9
|
75
|
69
|
81
|
19
|
18
|
19
|
25
|
22
|
57
|
32
|
27
|
(3)
|
(68)
|
(50)
|
(124)
|
(3)
|
(40)
|
(68)
|
43
|
(61)
|
(322)
|
(290)
|
(328)
|
(197)
|
(197)
|
(208)
|
(229)
|
(34)
|
(137)
|
(124)
|
(111)
|
(22)
|
(66)
|
(70)
|
(60)
|
|
Pre-Tax Income |
1 542
N/A
|
1 709
+11%
|
1 942
+14%
|
2 187
+13%
|
2 371
+8%
|
2 372
+0%
|
2 397
+1%
|
2 715
+13%
|
2 972
+9%
|
2 800
-6%
|
2 806
+0%
|
2 539
-10%
|
2 541
+0%
|
3 008
+18%
|
3 191
+6%
|
3 428
+7%
|
3 428
0%
|
3 309
-3%
|
3 178
-4%
|
3 202
+1%
|
3 163
-1%
|
3 386
+7%
|
3 372
0%
|
3 433
+2%
|
3 797
+11%
|
3 414
-10%
|
3 645
+7%
|
3 727
+2%
|
3 770
+1%
|
4 014
+6%
|
4 198
+5%
|
4 436
+6%
|
4 569
+3%
|
4 879
+7%
|
4 347
-11%
|
4 527
+4%
|
4 258
-6%
|
4 944
+16%
|
5 372
+9%
|
5 445
+1%
|
5 518
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(577)
|
(763)
|
(819)
|
(900)
|
(953)
|
(957)
|
(975)
|
(1 055)
|
(1 141)
|
(1 087)
|
(1 094)
|
(983)
|
(951)
|
(964)
|
(1 020)
|
(1 094)
|
(1 151)
|
(1 106)
|
(1 057)
|
(1 080)
|
(1 007)
|
(1 101)
|
(1 067)
|
(1 085)
|
(1 181)
|
(993)
|
(1 102)
|
(1 137)
|
(1 159)
|
(1 379)
|
(1 416)
|
(1 503)
|
(1 564)
|
(1 643)
|
(1 492)
|
(1 429)
|
(1 355)
|
(1 616)
|
(1 759)
|
(1 919)
|
(2 022)
|
|
Income from Continuing Operations |
965
|
945
|
1 123
|
1 287
|
1 418
|
1 415
|
1 422
|
1 660
|
1 831
|
1 713
|
1 712
|
1 556
|
1 590
|
2 044
|
2 171
|
2 334
|
2 277
|
2 203
|
2 122
|
2 121
|
2 156
|
2 286
|
2 305
|
2 348
|
2 615
|
2 421
|
2 543
|
2 591
|
2 611
|
2 634
|
2 782
|
2 933
|
3 005
|
3 237
|
2 855
|
3 098
|
2 903
|
3 329
|
3 614
|
3 526
|
3 496
|
|
Income to Minority Interest |
(7)
|
(4)
|
(6)
|
(11)
|
(12)
|
0
|
(13)
|
(10)
|
(7)
|
(8)
|
0
|
0
|
(0)
|
(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
|
|
Net Income (Common) |
959
N/A
|
942
-2%
|
1 117
+19%
|
1 276
+14%
|
1 406
+10%
|
1 406
0%
|
1 408
+0%
|
1 650
+17%
|
1 824
+11%
|
1 705
-7%
|
1 712
+0%
|
1 556
-9%
|
1 590
+2%
|
2 043
+28%
|
2 170
+6%
|
2 333
+8%
|
2 276
-2%
|
2 203
-3%
|
2 121
-4%
|
2 121
+0%
|
2 156
+2%
|
2 286
+6%
|
2 305
+1%
|
2 348
+2%
|
2 615
+11%
|
2 421
-7%
|
2 543
+5%
|
2 591
+2%
|
2 611
+1%
|
2 634
+1%
|
2 782
+6%
|
2 933
+5%
|
3 005
+2%
|
3 237
+8%
|
2 855
-12%
|
3 098
+9%
|
2 903
-6%
|
3 329
+15%
|
3 614
+9%
|
3 526
-2%
|
3 496
-1%
|
|
EPS (Diluted) |
44.38
N/A
|
85.63
+93%
|
52.67
-38%
|
60.75
+15%
|
66.94
+10%
|
66.5
-1%
|
64.01
-4%
|
73.65
+15%
|
80.71
+10%
|
76.04
-6%
|
75.75
0%
|
68.22
-10%
|
69.72
+2%
|
89.81
+29%
|
95.58
+6%
|
105.56
+10%
|
105.87
+0%
|
99.99
-6%
|
96.85
-3%
|
96.86
+0%
|
98.56
+2%
|
104.46
+6%
|
105.34
+1%
|
110.15
+5%
|
126.46
+15%
|
114.24
-10%
|
121.15
+6%
|
123.39
+2%
|
124.3
+1%
|
125.43
+1%
|
132.34
+6%
|
139.48
+5%
|
142.91
+2%
|
153.92
+8%
|
135.67
-12%
|
147.17
+8%
|
137.88
-6%
|
158.1
+15%
|
172.21
+9%
|
170.95
-1%
|
169.81
-1%
|