Tantalus Systems Holding Inc
TSX:GRID
Income Statement
Earnings Waterfall
Tantalus Systems Holding Inc
Income Statement
Tantalus Systems Holding Inc
| Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||
| Interest Expense |
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
0
|
0
|
0
|
|
| Revenue |
16
N/A
|
25
+53%
|
32
+31%
|
33
+4%
|
35
+3%
|
35
+2%
|
40
+13%
|
41
+3%
|
43
+5%
|
44
+2%
|
42
-4%
|
41
-2%
|
41
-1%
|
42
+4%
|
44
+5%
|
47
+6%
|
49
+5%
|
52
+5%
|
|
| Gross Profit | |||||||||||||||||||
| Cost of Revenue |
(9)
|
(14)
|
(18)
|
(18)
|
(19)
|
(18)
|
(21)
|
(21)
|
(21)
|
(22)
|
(20)
|
(19)
|
(19)
|
(19)
|
(20)
|
(21)
|
(23)
|
(24)
|
|
| Gross Profit |
7
N/A
|
11
+49%
|
14
+31%
|
15
+6%
|
16
+2%
|
17
+8%
|
19
+13%
|
19
+2%
|
21
+11%
|
22
+3%
|
22
-1%
|
22
+1%
|
22
-2%
|
23
+5%
|
24
+6%
|
26
+6%
|
27
+4%
|
28
+5%
|
|
| Operating Income | |||||||||||||||||||
| Operating Expenses |
(11)
|
(15)
|
(21)
|
(21)
|
(23)
|
(24)
|
(25)
|
(24)
|
(25)
|
(25)
|
(24)
|
(24)
|
(24)
|
(25)
|
(25)
|
(26)
|
(26)
|
(27)
|
|
| Selling, General & Administrative |
(7)
|
(10)
|
(14)
|
(13)
|
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(15)
|
(14)
|
(14)
|
(14)
|
(15)
|
(17)
|
(18)
|
(19)
|
(19)
|
|
| Research & Development |
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(6)
|
(6)
|
(6)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
|
| Operating Income |
(3)
N/A
|
(4)
-35%
|
(6)
-46%
|
(5)
+13%
|
(7)
-33%
|
(7)
0%
|
(6)
+22%
|
(5)
+12%
|
(3)
+37%
|
(3)
+20%
|
(2)
+10%
|
(2)
+2%
|
(3)
-13%
|
(2)
+23%
|
(1)
+35%
|
(0)
+68%
|
0
N/A
|
1
+470%
|
|
| Pre-Tax Income | |||||||||||||||||||
| Interest Income Expense |
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
2
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(4)
N/A
|
(5)
-38%
|
(7)
-44%
|
(6)
+16%
|
(8)
-30%
|
(7)
+2%
|
(6)
+18%
|
(6)
+3%
|
(4)
+25%
|
(4)
+8%
|
(2)
+59%
|
(2)
+5%
|
(2)
-4%
|
(1)
+26%
|
(3)
-115%
|
(2)
+35%
|
(2)
+6%
|
(1)
+46%
|
|
| Net Income | |||||||||||||||||||
| Tax Provision |
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Income from Continuing Operations |
(4)
|
(5)
|
(7)
|
(6)
|
(8)
|
(8)
|
(5)
|
(5)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(3)
|
(2)
|
(2)
|
(1)
|
|
| Net Income (Common) |
(4)
N/A
|
(5)
-38%
|
(7)
-44%
|
(6)
+16%
|
(8)
-31%
|
(8)
+2%
|
(5)
+31%
|
(5)
+3%
|
(4)
+29%
|
(3)
+10%
|
(2)
+48%
|
(2)
+5%
|
(2)
-4%
|
(1)
+26%
|
(3)
-114%
|
(2)
+34%
|
(2)
+6%
|
(1)
+46%
|
|
| EPS (Diluted) |
-0.1
N/A
|
-0.13
-30%
|
-0.17
-31%
|
-0.14
+18%
|
-0.17
-21%
|
-0.17
N/A
|
-0.12
+29%
|
-0.12
N/A
|
-0.09
+25%
|
-0.08
+11%
|
-0.04
+50%
|
-0.04
N/A
|
-0.04
N/A
|
-0.03
+25%
|
-0.05
-67%
|
-0.04
+20%
|
-0.03
+25%
|
-0.02
+33%
|
|