PFB Corporation
TSX:PFB
Income Statement
Earnings Waterfall
PFB Corporation
Income Statement
PFB Corporation
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||
| Revenue |
89
N/A
|
90
+1%
|
94
+4%
|
88
-6%
|
82
-7%
|
81
-2%
|
79
-2%
|
81
+3%
|
85
+4%
|
84
-1%
|
84
+0%
|
86
+2%
|
90
+4%
|
93
+3%
|
97
+5%
|
100
+3%
|
99
-1%
|
101
+2%
|
102
+1%
|
101
-1%
|
102
+1%
|
102
+0%
|
103
+1%
|
103
0%
|
106
+3%
|
107
+1%
|
110
+3%
|
121
+10%
|
128
+6%
|
131
+2%
|
134
+2%
|
132
-2%
|
133
+1%
|
133
+0%
|
129
-3%
|
135
+4%
|
135
+0%
|
137
+1%
|
145
+6%
|
151
+4%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(71)
|
(71)
|
(74)
|
(70)
|
(67)
|
(67)
|
(67)
|
(68)
|
(70)
|
(70)
|
(71)
|
(72)
|
(73)
|
(74)
|
(75)
|
(76)
|
(75)
|
(77)
|
(78)
|
(77)
|
(77)
|
(78)
|
(81)
|
(82)
|
(84)
|
(85)
|
(86)
|
(94)
|
(99)
|
(101)
|
(102)
|
(99)
|
(98)
|
(98)
|
(94)
|
(93)
|
(92)
|
(93)
|
(101)
|
(109)
|
|
| Gross Profit |
18
N/A
|
19
+3%
|
20
+4%
|
18
-10%
|
15
-17%
|
14
-7%
|
12
-11%
|
12
+3%
|
14
+13%
|
13
-6%
|
14
+2%
|
14
+6%
|
17
+14%
|
19
+16%
|
23
+19%
|
24
+6%
|
24
-2%
|
24
+1%
|
24
-1%
|
24
+0%
|
25
+3%
|
24
-4%
|
22
-8%
|
21
-4%
|
21
+2%
|
22
+4%
|
24
+9%
|
27
+13%
|
29
+7%
|
30
+3%
|
32
+6%
|
33
+1%
|
35
+7%
|
36
+3%
|
36
+0%
|
41
+15%
|
43
+4%
|
44
+2%
|
44
+1%
|
42
-5%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(14)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(17)
|
(17)
|
(17)
|
(18)
|
(18)
|
(18)
|
(19)
|
(19)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(20)
|
(20)
|
(20)
|
(19)
|
(20)
|
(20)
|
|
| Selling, General & Administrative |
(14)
|
(14)
|
(15)
|
(14)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(17)
|
(17)
|
(17)
|
(17)
|
(18)
|
(18)
|
(19)
|
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
|
| Depreciation & Amortization |
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
(1)
|
(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)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
4
N/A
|
5
+13%
|
5
+10%
|
3
-51%
|
0
-96%
|
(0)
N/A
|
(1)
-127%
|
(0)
+82%
|
1
N/A
|
1
-58%
|
1
-18%
|
1
+186%
|
3
+77%
|
5
+93%
|
8
+57%
|
9
+12%
|
8
-6%
|
8
-1%
|
8
-3%
|
8
-4%
|
8
+8%
|
7
-15%
|
5
-34%
|
4
-18%
|
4
-9%
|
4
+15%
|
6
+43%
|
8
+44%
|
10
+17%
|
9
-3%
|
11
+19%
|
11
+1%
|
13
+19%
|
15
+13%
|
16
+5%
|
21
+31%
|
23
+8%
|
24
+7%
|
24
-1%
|
22
-9%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
(0)
|
(0)
|
7
|
7
|
6
|
6
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| 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
|
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
|
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 |
4
N/A
|
5
+14%
|
5
+5%
|
2
-67%
|
(0)
N/A
|
6
N/A
|
6
-11%
|
6
+14%
|
8
+19%
|
(1)
N/A
|
(1)
-21%
|
0
N/A
|
1
+444%
|
4
+181%
|
7
+75%
|
8
+14%
|
7
-7%
|
7
-1%
|
7
-4%
|
6
-4%
|
7
+9%
|
6
-12%
|
4
-36%
|
3
-18%
|
3
-6%
|
3
+7%
|
5
+48%
|
7
+49%
|
8
+18%
|
8
-3%
|
10
+22%
|
10
+2%
|
12
+21%
|
14
+14%
|
15
+6%
|
20
+33%
|
22
+8%
|
23
+7%
|
23
-2%
|
21
-10%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(2)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
|
| Income from Continuing Operations |
3
|
4
|
4
|
1
|
0
|
6
|
6
|
6
|
7
|
(0)
|
(0)
|
0
|
1
|
3
|
5
|
5
|
5
|
5
|
5
|
4
|
5
|
4
|
3
|
2
|
2
|
2
|
4
|
5
|
6
|
6
|
7
|
7
|
9
|
11
|
11
|
15
|
16
|
18
|
17
|
16
|
|
| Net Income (Common) |
3
N/A
|
4
+14%
|
4
+5%
|
1
-67%
|
0
-90%
|
6
+4 531%
|
6
-7%
|
6
+11%
|
7
+10%
|
(0)
N/A
|
(0)
-150%
|
0
N/A
|
1
+244%
|
3
+189%
|
5
+75%
|
5
+14%
|
5
-5%
|
5
-2%
|
5
-7%
|
4
-6%
|
5
+7%
|
4
-16%
|
3
-34%
|
2
-16%
|
2
+4%
|
2
+8%
|
4
+46%
|
5
+48%
|
6
+16%
|
6
-7%
|
7
+27%
|
7
+2%
|
9
+22%
|
11
+17%
|
11
+7%
|
15
+35%
|
16
+9%
|
18
+8%
|
17
-3%
|
16
-9%
|
|
| EPS (Diluted) |
0.48
N/A
|
0.55
+15%
|
0.57
+4%
|
0.19
-67%
|
0.02
-89%
|
0.91
+4 450%
|
0.83
-9%
|
0.92
+11%
|
1.01
+10%
|
-0.02
N/A
|
-0.05
-150%
|
0.04
N/A
|
0.14
+250%
|
0.4
+186%
|
0.7
+75%
|
0.8
+14%
|
0.76
-5%
|
0.75
-1%
|
0.69
-8%
|
0.65
-6%
|
0.7
+8%
|
0.59
-16%
|
0.39
-34%
|
0.33
-15%
|
0.34
+3%
|
0.37
+9%
|
0.53
+43%
|
0.78
+47%
|
0.91
+17%
|
0.83
-9%
|
1.04
+25%
|
1.07
+3%
|
1.31
+22%
|
1.53
+17%
|
1.64
+7%
|
2.21
+35%
|
2.26
+2%
|
2.49
+10%
|
2.42
-3%
|
2.2
-9%
|
|