Pollard Banknote Ltd
TSX:PBL
Income Statement
Earnings Waterfall
Pollard Banknote Ltd
Income Statement
Pollard Banknote Ltd
| Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | 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 | 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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
3
|
4
|
5
|
5
|
6
|
6
|
5
|
5
|
5
|
5
|
5
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
4
|
4
|
4
|
4
|
3
|
3
|
4
|
4
|
4
|
5
|
4
|
4
|
5
|
5
|
6
|
6
|
7
|
6
|
5
|
5
|
4
|
4
|
4
|
5
|
6
|
7
|
7
|
8
|
9
|
10
|
10
|
11
|
10
|
10
|
10
|
10
|
11
|
11
|
12
|
|
| Revenue |
3
N/A
|
2
-31%
|
2
-9%
|
2
+20%
|
4
+63%
|
4
+10%
|
3
-40%
|
1
-58%
|
(1)
N/A
|
(4)
-185%
|
44
N/A
|
93
+110%
|
142
+52%
|
192
+35%
|
186
-3%
|
180
-3%
|
173
-4%
|
163
-6%
|
161
-1%
|
163
+1%
|
165
+1%
|
172
+4%
|
169
-2%
|
166
-2%
|
166
+0%
|
162
-2%
|
170
+5%
|
174
+2%
|
178
+2%
|
185
+4%
|
191
+3%
|
194
+1%
|
199
+3%
|
195
-2%
|
198
+2%
|
203
+2%
|
207
+2%
|
221
+7%
|
231
+4%
|
233
+1%
|
238
+2%
|
246
+4%
|
240
-3%
|
264
+10%
|
272
+3%
|
286
+5%
|
309
+8%
|
317
+3%
|
341
+7%
|
332
-3%
|
349
+5%
|
359
+3%
|
368
+2%
|
398
+8%
|
403
+1%
|
397
-1%
|
410
+3%
|
414
+1%
|
424
+2%
|
446
+5%
|
446
+0%
|
459
+3%
|
461
+0%
|
463
+1%
|
472
+2%
|
484
+3%
|
493
+2%
|
507
+3%
|
511
+1%
|
520
+2%
|
522
+0%
|
529
+1%
|
554
+5%
|
557
+1%
|
578
+4%
|
582
+1%
|
586
+1%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(39)
|
(79)
|
(116)
|
(153)
|
(148)
|
(145)
|
(142)
|
(134)
|
(133)
|
(133)
|
(136)
|
(142)
|
(139)
|
(134)
|
(133)
|
(130)
|
(136)
|
(141)
|
(144)
|
(150)
|
(155)
|
(154)
|
(158)
|
(153)
|
(157)
|
(161)
|
(165)
|
(177)
|
(185)
|
(187)
|
(191)
|
(197)
|
(191)
|
(207)
|
(209)
|
(220)
|
(235)
|
(242)
|
(261)
|
(256)
|
(270)
|
(279)
|
(286)
|
(307)
|
(313)
|
(310)
|
(320)
|
(323)
|
(330)
|
(348)
|
(355)
|
(368)
|
(372)
|
(376)
|
(386)
|
(400)
|
(416)
|
(432)
|
(433)
|
(435)
|
(431)
|
(430)
|
(446)
|
(452)
|
(469)
|
(479)
|
(485)
|
|
| Gross Profit |
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
|
8
N/A
|
18
+115%
|
29
+65%
|
39
+34%
|
38
-3%
|
35
-8%
|
31
-12%
|
29
-5%
|
28
-3%
|
30
+4%
|
29
-1%
|
30
+3%
|
31
+2%
|
31
+3%
|
34
+7%
|
33
-3%
|
34
+5%
|
34
-1%
|
34
+1%
|
35
+3%
|
36
+3%
|
39
+7%
|
40
+4%
|
41
+2%
|
42
+1%
|
42
N/A
|
43
+2%
|
44
+4%
|
46
+3%
|
46
+0%
|
47
+2%
|
49
+6%
|
49
N/A
|
57
+16%
|
63
+10%
|
66
+5%
|
74
+12%
|
76
+3%
|
80
+6%
|
76
-5%
|
79
+5%
|
80
+1%
|
83
+3%
|
91
+10%
|
90
-1%
|
87
-3%
|
90
+4%
|
91
+1%
|
94
+3%
|
98
+4%
|
91
-6%
|
91
0%
|
89
-3%
|
87
-2%
|
86
-1%
|
83
-3%
|
77
-8%
|
76
-1%
|
78
+3%
|
86
+10%
|
90
+5%
|
99
+10%
|
107
+8%
|
105
-3%
|
109
+4%
|
104
-5%
|
101
-3%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(6)
|
(12)
|
(19)
|
(23)
|
(14)
|
(19)
|
(21)
|
(22)
|
(22)
|
(21)
|
(21)
|
(20)
|
(20)
|
(21)
|
(21)
|
(20)
|
(20)
|
(20)
|
(21)
|
(22)
|
(22)
|
(23)
|
(23)
|
(23)
|
(24)
|
(24)
|
(25)
|
(26)
|
(28)
|
(29)
|
(29)
|
(29)
|
(28)
|
(31)
|
(35)
|
(37)
|
(40)
|
(41)
|
(42)
|
(43)
|
(45)
|
(49)
|
(51)
|
(55)
|
(56)
|
(55)
|
(54)
|
(51)
|
(53)
|
(57)
|
(59)
|
(73)
|
(69)
|
(69)
|
(71)
|
(71)
|
(73)
|
(75)
|
(74)
|
(79)
|
(81)
|
(84)
|
(86)
|
(86)
|
(90)
|
(91)
|
(95)
|
|
| Selling, General & Administrative |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(6)
|
(12)
|
(18)
|
(21)
|
(21)
|
(21)
|
(21)
|
(20)
|
(21)
|
(20)
|
(19)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(21)
|
(22)
|
(22)
|
(23)
|
(23)
|
(24)
|
(24)
|
(24)
|
(25)
|
(27)
|
(28)
|
(29)
|
(30)
|
(29)
|
(29)
|
(31)
|
(35)
|
(38)
|
(42)
|
(44)
|
(44)
|
(46)
|
(47)
|
(51)
|
(53)
|
(57)
|
(58)
|
(56)
|
(56)
|
(55)
|
(57)
|
(59)
|
(60)
|
(65)
|
(66)
|
(67)
|
(69)
|
(67)
|
(69)
|
(71)
|
(75)
|
(79)
|
(82)
|
(85)
|
(87)
|
(87)
|
(90)
|
(92)
|
(94)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
8
|
2
|
0
|
(1)
|
(1)
|
(2)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
1
|
1
|
(8)
|
(3)
|
(2)
|
(1)
|
(4)
|
(4)
|
(4)
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
(0)
|
|
| Operating Income |
3
N/A
|
2
-29%
|
2
-15%
|
2
+29%
|
4
+73%
|
4
+8%
|
3
-37%
|
1
-58%
|
(1)
N/A
|
(4)
-200%
|
(0)
+90%
|
2
N/A
|
8
+295%
|
16
+115%
|
24
+49%
|
16
-34%
|
9
-41%
|
7
-22%
|
7
-10%
|
9
+32%
|
9
-1%
|
10
+17%
|
11
+6%
|
10
-7%
|
12
+24%
|
13
+6%
|
15
+11%
|
14
-3%
|
13
-5%
|
14
+1%
|
14
+7%
|
16
+13%
|
18
+7%
|
18
+1%
|
18
+1%
|
18
N/A
|
18
N/A
|
18
+2%
|
18
N/A
|
17
-5%
|
17
-1%
|
21
+20%
|
21
+1%
|
26
+26%
|
28
+8%
|
29
+2%
|
34
+18%
|
34
+1%
|
38
+10%
|
32
-15%
|
35
+7%
|
32
-8%
|
32
-1%
|
37
+16%
|
34
-8%
|
33
-3%
|
36
+11%
|
40
+9%
|
41
+2%
|
40
0%
|
33
-19%
|
18
-44%
|
20
+9%
|
18
-10%
|
16
-12%
|
12
-25%
|
4
-66%
|
1
-75%
|
3
+232%
|
7
+105%
|
9
+32%
|
15
+67%
|
21
+38%
|
19
-12%
|
18
-2%
|
12
-33%
|
6
-51%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
1
|
5
|
5
|
1
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(6)
|
(6)
|
(6)
|
(6)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(4)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(5)
|
(6)
|
(8)
|
(9)
|
(12)
|
(10)
|
(8)
|
(11)
|
(8)
|
(15)
|
(13)
|
(8)
|
(2)
|
8
|
10
|
3
|
6
|
1
|
(1)
|
4
|
10
|
15
|
23
|
30
|
31
|
32
|
32
|
39
|
35
|
41
|
44
|
43
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
(4)
|
(3)
|
(3)
|
(3)
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
5
|
7
|
9
|
8
|
6
|
4
|
3
|
3
|
(1)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(0)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
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
|
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
|
|
| Pre-Tax Income |
3
N/A
|
2
-29%
|
2
-15%
|
2
+29%
|
4
+73%
|
4
+13%
|
3
-37%
|
1
-56%
|
(1)
N/A
|
(4)
-225%
|
(5)
-23%
|
5
N/A
|
14
+180%
|
17
+17%
|
21
+26%
|
11
-47%
|
4
-67%
|
4
N/A
|
2
-38%
|
4
+91%
|
3
-39%
|
5
+78%
|
5
-2%
|
4
-15%
|
8
+110%
|
9
+5%
|
10
+11%
|
10
N/A
|
9
-6%
|
9
+2%
|
10
+2%
|
13
+31%
|
12
-3%
|
13
+2%
|
13
+1%
|
12
-3%
|
12
+1%
|
12
-1%
|
14
+15%
|
13
-10%
|
13
+6%
|
17
+28%
|
16
-9%
|
21
+35%
|
24
+12%
|
24
+2%
|
27
+14%
|
26
-5%
|
29
+12%
|
21
-29%
|
25
+21%
|
24
-5%
|
21
-14%
|
29
+41%
|
19
-36%
|
25
+34%
|
36
+45%
|
46
+28%
|
57
+24%
|
56
-1%
|
40
-28%
|
27
-33%
|
24
-10%
|
17
-32%
|
15
-9%
|
22
+46%
|
19
-13%
|
24
+25%
|
33
+38%
|
38
+12%
|
41
+8%
|
46
+14%
|
59
+28%
|
52
-12%
|
60
+14%
|
56
-6%
|
49
-13%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(6)
|
(7)
|
(5)
|
(5)
|
(7)
|
(6)
|
(8)
|
(10)
|
(13)
|
(15)
|
(16)
|
(14)
|
(7)
|
(6)
|
(3)
|
(1)
|
(3)
|
(2)
|
(1)
|
(3)
|
(6)
|
(7)
|
(9)
|
(11)
|
(17)
|
(20)
|
(20)
|
(20)
|
|
| Income from Continuing Operations |
3
|
2
|
2
|
2
|
4
|
5
|
3
|
2
|
(1)
|
(4)
|
(5)
|
4
|
12
|
15
|
19
|
9
|
3
|
2
|
1
|
4
|
1
|
3
|
3
|
2
|
7
|
7
|
7
|
7
|
6
|
5
|
6
|
8
|
8
|
9
|
9
|
8
|
8
|
8
|
10
|
9
|
10
|
12
|
10
|
14
|
16
|
17
|
19
|
18
|
21
|
15
|
18
|
18
|
16
|
22
|
13
|
17
|
26
|
33
|
42
|
41
|
27
|
20
|
19
|
13
|
14
|
19
|
18
|
23
|
31
|
31
|
34
|
38
|
48
|
35
|
40
|
36
|
28
|
|
| Net Income (Common) |
3
N/A
|
2
-29%
|
2
-15%
|
2
+29%
|
4
+77%
|
5
+21%
|
3
-32%
|
2
-47%
|
(1)
N/A
|
(4)
-388%
|
(5)
-18%
|
4
N/A
|
12
+213%
|
15
+26%
|
19
+24%
|
9
-53%
|
3
-70%
|
2
-31%
|
1
-44%
|
4
+250%
|
1
-77%
|
3
+288%
|
3
N/A
|
2
-26%
|
7
+196%
|
7
-4%
|
7
N/A
|
7
N/A
|
6
-11%
|
5
-7%
|
6
+4%
|
8
+50%
|
8
-11%
|
9
+16%
|
9
+3%
|
8
-9%
|
8
+2%
|
8
-11%
|
10
+29%
|
9
-10%
|
10
+10%
|
12
+28%
|
10
-15%
|
14
+38%
|
16
+13%
|
17
+4%
|
19
+15%
|
18
-5%
|
21
+14%
|
15
-29%
|
18
+23%
|
18
N/A
|
16
-15%
|
22
+42%
|
13
-42%
|
17
+33%
|
26
+52%
|
33
+30%
|
42
+26%
|
41
-4%
|
27
-34%
|
20
-26%
|
19
-5%
|
13
-28%
|
14
+3%
|
19
+39%
|
18
-8%
|
23
+29%
|
31
+35%
|
31
+3%
|
34
+7%
|
38
+13%
|
48
+28%
|
35
-27%
|
40
+14%
|
36
-10%
|
28
-22%
|
|
| EPS (Diluted) |
0.46
N/A
|
0.32
-30%
|
0.27
-16%
|
0.35
+30%
|
0.61
+74%
|
0.75
+23%
|
0.5
-33%
|
0.26
-48%
|
-0.14
N/A
|
-0.61
-336%
|
-0.19
+69%
|
0.16
N/A
|
0.5
+212%
|
0.64
+28%
|
0.79
+23%
|
0.37
-53%
|
0.1
-73%
|
0.08
-20%
|
0.04
-50%
|
0.15
+275%
|
0.04
-73%
|
0.13
+225%
|
0.13
N/A
|
0.09
-31%
|
0.28
+211%
|
0.28
N/A
|
0.28
N/A
|
0.28
N/A
|
0.25
-11%
|
0.23
-8%
|
0.24
+4%
|
0.36
+50%
|
0.32
-11%
|
0.37
+16%
|
0.38
+3%
|
0.34
-11%
|
0.35
+3%
|
0.32
-9%
|
0.4
+25%
|
0.37
-8%
|
0.41
+11%
|
0.52
+27%
|
0.45
-13%
|
0.61
+36%
|
0.68
+11%
|
0.71
+4%
|
0.76
+7%
|
0.71
-7%
|
0.83
+17%
|
0.58
-30%
|
0.7
+21%
|
0.7
N/A
|
0.59
-16%
|
0.85
+44%
|
0.49
-42%
|
0.65
+33%
|
0.99
+52%
|
1.28
+29%
|
1.58
+23%
|
1.49
-6%
|
1.01
-32%
|
0.73
-28%
|
0.69
-5%
|
0.49
-29%
|
0.51
+4%
|
0.71
+39%
|
0.64
-10%
|
0.82
+28%
|
1.11
+35%
|
1.15
+4%
|
1.22
+6%
|
1.38
+13%
|
1.76
+28%
|
1.28
-27%
|
1.46
+14%
|
1.32
-10%
|
1.03
-22%
|
|