Absolute Software Corp
TSX:ABST
Income Statement
Earnings Waterfall
Absolute Software Corp
Revenue
|
222.1m
USD
|
Cost of Revenue
|
-40.9m
USD
|
Gross Profit
|
181.2m
USD
|
Operating Expenses
|
-184m
USD
|
Operating Income
|
-2.8m
USD
|
Other Expenses
|
-23m
USD
|
Net Income
|
-25.8m
USD
|
Income Statement
Absolute Software Corp
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 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
81
N/A
|
83
+3%
|
85
+2%
|
86
+2%
|
90
+4%
|
91
+2%
|
92
+2%
|
94
+1%
|
94
N/A
|
94
0%
|
94
+1%
|
93
-2%
|
90
-3%
|
89
-1%
|
87
-2%
|
89
+2%
|
90
+2%
|
91
+1%
|
92
+1%
|
92
+1%
|
93
+0%
|
94
+1%
|
95
+1%
|
96
+1%
|
98
+2%
|
99
+1%
|
100
+1%
|
102
+1%
|
103
+1%
|
105
+2%
|
108
+3%
|
112
+4%
|
116
+4%
|
121
+4%
|
136
+13%
|
155
+14%
|
177
+14%
|
197
+12%
|
207
+5%
|
215
+4%
|
222
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(20)
|
(20)
|
(20)
|
(20)
|
(19)
|
(20)
|
(19)
|
(19)
|
(19)
|
(18)
|
(17)
|
(15)
|
(14)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(14)
|
(15)
|
(14)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(16)
|
(21)
|
(27)
|
(33)
|
(37)
|
(39)
|
(40)
|
(41)
|
|
Gross Profit |
61
N/A
|
64
+4%
|
65
+3%
|
67
+2%
|
70
+5%
|
71
+1%
|
73
+2%
|
74
+2%
|
75
+1%
|
76
+1%
|
78
+3%
|
77
-1%
|
76
-2%
|
75
-1%
|
73
-2%
|
74
+1%
|
75
+2%
|
77
+2%
|
77
+1%
|
78
+1%
|
78
0%
|
79
+2%
|
81
+2%
|
83
+2%
|
85
+3%
|
86
+1%
|
87
+2%
|
89
+2%
|
90
+1%
|
92
+3%
|
95
+3%
|
99
+4%
|
103
+4%
|
105
+2%
|
115
+9%
|
128
+11%
|
144
+13%
|
161
+11%
|
169
+5%
|
175
+4%
|
181
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(60)
|
(61)
|
(61)
|
(64)
|
(65)
|
(65)
|
(66)
|
(66)
|
(65)
|
(68)
|
(70)
|
(71)
|
(73)
|
(72)
|
(59)
|
(76)
|
(78)
|
(79)
|
(79)
|
(77)
|
(76)
|
(76)
|
(76)
|
(76)
|
(76)
|
(75)
|
(74)
|
(74)
|
(75)
|
(77)
|
(80)
|
(85)
|
(89)
|
(99)
|
(118)
|
(137)
|
(158)
|
(168)
|
(177)
|
(182)
|
(184)
|
|
Selling, General & Administrative |
(48)
|
(50)
|
(49)
|
(52)
|
(53)
|
(54)
|
(55)
|
(54)
|
(55)
|
(56)
|
(58)
|
(59)
|
(60)
|
(60)
|
(59)
|
(61)
|
(62)
|
(61)
|
(60)
|
(58)
|
(56)
|
(56)
|
(56)
|
(57)
|
(57)
|
(56)
|
(56)
|
(56)
|
(57)
|
(59)
|
(61)
|
(63)
|
(67)
|
(76)
|
(90)
|
(103)
|
(117)
|
(123)
|
(129)
|
(131)
|
(133)
|
|
Research & Development |
(13)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(12)
|
(11)
|
(11)
|
(13)
|
(12)
|
(14)
|
(16)
|
(16)
|
(18)
|
(19)
|
(19)
|
(20)
|
(20)
|
(20)
|
(19)
|
(19)
|
(19)
|
(18)
|
(18)
|
(18)
|
(18)
|
(20)
|
(21)
|
(22)
|
(23)
|
(40)
|
(45)
|
(52)
|
(45)
|
(48)
|
(51)
|
(51)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
14
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
11
|
11
|
11
|
0
|
0
|
0
|
0
|
|
Operating Income |
1
N/A
|
2
+173%
|
4
+75%
|
3
-31%
|
6
+98%
|
6
+4%
|
7
+14%
|
9
+27%
|
10
+14%
|
9
-14%
|
8
-2%
|
7
-21%
|
3
-57%
|
3
-2%
|
14
+410%
|
(2)
N/A
|
(2)
-1%
|
(2)
+10%
|
(2)
+21%
|
2
N/A
|
2
+31%
|
3
+26%
|
5
+77%
|
6
+23%
|
9
+38%
|
11
+25%
|
14
+25%
|
15
+11%
|
15
-2%
|
15
+4%
|
15
-3%
|
14
-5%
|
14
+0%
|
6
-60%
|
(3)
N/A
|
(9)
-167%
|
(14)
-54%
|
(7)
+49%
|
(8)
-15%
|
(6)
+24%
|
(3)
+55%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(6)
|
(11)
|
(16)
|
(21)
|
(22)
|
(23)
|
(26)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
14
|
14
|
14
|
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 |
1
N/A
|
3
+291%
|
4
+63%
|
3
-31%
|
6
+108%
|
6
+7%
|
7
+5%
|
8
+26%
|
10
+18%
|
8
-15%
|
8
+2%
|
20
+141%
|
17
-18%
|
17
-1%
|
14
-16%
|
(2)
N/A
|
(2)
-12%
|
(2)
+9%
|
(2)
+11%
|
2
N/A
|
2
+40%
|
3
+28%
|
5
+80%
|
6
+23%
|
9
+38%
|
11
+25%
|
14
+24%
|
15
+10%
|
15
-2%
|
15
+2%
|
15
-5%
|
13
-8%
|
13
-3%
|
4
-66%
|
(10)
N/A
|
(20)
-112%
|
(30)
-50%
|
(28)
+7%
|
(30)
-7%
|
(30)
+1%
|
(28)
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(1)
|
(2)
|
(1)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(4)
|
(3)
|
(8)
|
(6)
|
(7)
|
(6)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
1
|
0
|
0
|
(1)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(1)
|
3
|
7
|
8
|
4
|
4
|
1
|
3
|
|
Income from Continuing Operations |
(1)
|
2
|
2
|
1
|
3
|
4
|
3
|
5
|
6
|
5
|
5
|
12
|
10
|
10
|
8
|
(3)
|
(4)
|
(5)
|
(4)
|
(2)
|
(0)
|
4
|
5
|
6
|
8
|
8
|
10
|
11
|
11
|
11
|
10
|
9
|
9
|
4
|
(6)
|
(13)
|
(22)
|
(24)
|
(26)
|
(28)
|
(26)
|
|
Net Income (Common) |
(1)
N/A
|
2
N/A
|
2
+41%
|
1
-44%
|
3
+138%
|
4
+12%
|
3
-24%
|
5
+73%
|
6
+29%
|
5
-25%
|
5
+16%
|
12
+122%
|
10
-14%
|
10
-5%
|
8
-18%
|
(3)
N/A
|
(4)
-53%
|
(5)
-23%
|
(4)
+14%
|
(3)
+35%
|
(2)
+46%
|
3
N/A
|
5
+45%
|
7
+47%
|
8
+22%
|
8
-6%
|
10
+28%
|
11
+10%
|
10
-2%
|
11
+1%
|
10
-8%
|
9
-8%
|
9
0%
|
4
-58%
|
(6)
N/A
|
(13)
-109%
|
(22)
-65%
|
(24)
-11%
|
(26)
-8%
|
(28)
-7%
|
(26)
+9%
|
|
EPS (Diluted) |
-0.02
N/A
|
0.04
N/A
|
0.06
+50%
|
0.04
-33%
|
0.08
+100%
|
0.08
N/A
|
0.07
-13%
|
0.11
+57%
|
0.14
+27%
|
0.1
-29%
|
0.11
+10%
|
0.28
+155%
|
0.25
-11%
|
0.24
-4%
|
0.2
-17%
|
-0.07
N/A
|
-0.11
-57%
|
-0.13
-18%
|
-0.11
+15%
|
-0.07
+36%
|
-0.03
+57%
|
0.07
N/A
|
0.11
+57%
|
0.16
+45%
|
0.19
+19%
|
0.19
N/A
|
0.23
+21%
|
0.25
+9%
|
0.24
-4%
|
0.24
N/A
|
0.22
-8%
|
0.17
-23%
|
0.19
+12%
|
0.07
-63%
|
-0.14
N/A
|
-0.28
-100%
|
-0.45
-61%
|
-0.49
-9%
|
-0.52
-6%
|
-0.55
-6%
|
-0.5
+9%
|