Silvercorp Metals Inc
TSX:SVM
Income Statement
Earnings Waterfall
Silvercorp Metals Inc
Revenue
|
206.7m
USD
|
Cost of Revenue
|
-115.6m
USD
|
Gross Profit
|
91.1m
USD
|
Operating Expenses
|
-30.5m
USD
|
Operating Income
|
60.6m
USD
|
Other Expenses
|
-29.6m
USD
|
Net Income
|
31m
USD
|
Income Statement
Silvercorp Metals Inc
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 |
125
N/A
|
108
-14%
|
99
-8%
|
108
+9%
|
124
+15%
|
129
+3%
|
130
+1%
|
120
-8%
|
109
-9%
|
108
-1%
|
111
+3%
|
130
+17%
|
149
+14%
|
164
+10%
|
168
+3%
|
169
+1%
|
166
-2%
|
170
+3%
|
175
+3%
|
176
+0%
|
174
-1%
|
171
-2%
|
171
+0%
|
173
+1%
|
175
+1%
|
159
-9%
|
160
+1%
|
166
+4%
|
175
+5%
|
192
+10%
|
204
+6%
|
206
+1%
|
212
+3%
|
218
+3%
|
223
+2%
|
216
-3%
|
216
0%
|
208
-3%
|
205
-2%
|
207
+1%
|
207
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(67)
|
(60)
|
(52)
|
(57)
|
(68)
|
(74)
|
(80)
|
(79)
|
(74)
|
(72)
|
(71)
|
(73)
|
(75)
|
(75)
|
(78)
|
(79)
|
(79)
|
(82)
|
(83)
|
(86)
|
(88)
|
(87)
|
(92)
|
(91)
|
(94)
|
(87)
|
(87)
|
(89)
|
(89)
|
(96)
|
(101)
|
(106)
|
(115)
|
(120)
|
(125)
|
(127)
|
(127)
|
(125)
|
(123)
|
(118)
|
(116)
|
|
Gross Profit |
58
N/A
|
48
-17%
|
47
-3%
|
52
+10%
|
56
+10%
|
55
-3%
|
51
-8%
|
41
-19%
|
35
-14%
|
36
+3%
|
40
+12%
|
57
+42%
|
74
+29%
|
88
+19%
|
90
+2%
|
90
0%
|
87
-4%
|
88
+1%
|
93
+6%
|
90
-3%
|
86
-4%
|
83
-3%
|
79
-5%
|
81
+3%
|
81
0%
|
72
-12%
|
73
+2%
|
77
+6%
|
87
+12%
|
96
+11%
|
103
+7%
|
100
-3%
|
97
-3%
|
98
+1%
|
98
0%
|
89
-10%
|
88
0%
|
84
-5%
|
82
-2%
|
89
+8%
|
91
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(32)
|
(29)
|
(26)
|
(24)
|
(24)
|
(26)
|
(26)
|
(26)
|
(23)
|
(23)
|
(22)
|
(20)
|
(21)
|
(20)
|
(17)
|
(17)
|
(17)
|
(20)
|
(20)
|
(20)
|
(22)
|
(23)
|
(23)
|
(23)
|
(22)
|
(24)
|
(20)
|
(20)
|
(21)
|
(22)
|
(28)
|
(30)
|
(32)
|
(30)
|
(30)
|
(29)
|
(30)
|
(29)
|
(29)
|
(30)
|
(30)
|
|
Selling, General & Administrative |
(28)
|
(25)
|
(22)
|
(21)
|
(20)
|
(18)
|
(21)
|
(19)
|
(16)
|
(16)
|
(15)
|
(14)
|
(15)
|
(16)
|
(16)
|
(16)
|
(17)
|
(18)
|
(17)
|
(18)
|
(18)
|
(20)
|
(18)
|
(18)
|
(18)
|
(20)
|
(19)
|
(20)
|
(21)
|
(23)
|
(24)
|
(26)
|
(26)
|
(26)
|
(26)
|
(26)
|
(25)
|
(24)
|
(24)
|
(25)
|
(26)
|
|
Research & Development |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
4
|
4
|
3
|
3
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
|
Depreciation & Amortization |
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Other Operating Expenses |
0
|
0
|
0
|
1
|
1
|
(5)
|
(2)
|
(4)
|
(6)
|
(6)
|
(6)
|
(5)
|
(4)
|
(3)
|
0
|
0
|
2
|
(1)
|
(1)
|
(2)
|
(3)
|
(1)
|
(3)
|
(3)
|
(3)
|
(1)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
|
Operating Income |
26
N/A
|
20
-25%
|
21
+6%
|
27
+32%
|
32
+19%
|
29
-9%
|
25
-16%
|
15
-39%
|
12
-22%
|
13
+12%
|
18
+37%
|
37
+104%
|
53
+45%
|
68
+27%
|
73
+7%
|
73
-1%
|
70
-4%
|
68
-3%
|
73
+7%
|
70
-5%
|
64
-9%
|
60
-5%
|
56
-7%
|
58
+5%
|
59
+0%
|
48
-19%
|
53
+11%
|
57
+8%
|
66
+15%
|
74
+13%
|
75
+1%
|
70
-6%
|
66
-7%
|
68
+4%
|
68
0%
|
60
-13%
|
59
-1%
|
55
-7%
|
53
-3%
|
59
+10%
|
61
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
7
|
6
|
2
|
4
|
3
|
5
|
6
|
6
|
6
|
1
|
2
|
(0)
|
(0)
|
2
|
1
|
(0)
|
(0)
|
1
|
3
|
4
|
6
|
4
|
3
|
4
|
0
|
5
|
9
|
9
|
7
|
0
|
(4)
|
(6)
|
1
|
(0)
|
(0)
|
3
|
1
|
4
|
4
|
3
|
2
|
|
Non-Reccuring Items |
(66)
|
(74)
|
(73)
|
(7)
|
(6)
|
(130)
|
(130)
|
(130)
|
(131)
|
(1)
|
(1)
|
(1)
|
(1)
|
5
|
9
|
9
|
10
|
10
|
5
|
5
|
4
|
9
|
11
|
11
|
11
|
2
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(11)
|
(11)
|
(11)
|
(31)
|
(22)
|
(24)
|
(23)
|
(2)
|
(1)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(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)
|
|
Pre-Tax Income |
(33)
N/A
|
(49)
-46%
|
(51)
-4%
|
24
N/A
|
28
+16%
|
(96)
N/A
|
(100)
-4%
|
(109)
-9%
|
(113)
-4%
|
13
N/A
|
18
+42%
|
35
+97%
|
52
+47%
|
75
+44%
|
83
+11%
|
81
-2%
|
79
-2%
|
78
-2%
|
81
+4%
|
78
-4%
|
74
-6%
|
73
-1%
|
69
-5%
|
73
+6%
|
69
-5%
|
54
-22%
|
61
+13%
|
66
+8%
|
72
+9%
|
74
+2%
|
71
-4%
|
63
-10%
|
56
-12%
|
57
+2%
|
56
-2%
|
32
-44%
|
38
+19%
|
35
-7%
|
34
-2%
|
59
+73%
|
61
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
0
|
0
|
(12)
|
(12)
|
(13)
|
(10)
|
(7)
|
(6)
|
(3)
|
(5)
|
(10)
|
(14)
|
(19)
|
(20)
|
(20)
|
(19)
|
(19)
|
(21)
|
(22)
|
(23)
|
(21)
|
(14)
|
(13)
|
(12)
|
(9)
|
(15)
|
(16)
|
(18)
|
(13)
|
(12)
|
(12)
|
(9)
|
(14)
|
(15)
|
(14)
|
(13)
|
(14)
|
(14)
|
(14)
|
(17)
|
|
Income from Continuing Operations |
(35)
|
(48)
|
(50)
|
13
|
17
|
(109)
|
(110)
|
(116)
|
(119)
|
10
|
13
|
26
|
38
|
56
|
62
|
61
|
61
|
59
|
60
|
56
|
51
|
52
|
55
|
60
|
58
|
45
|
46
|
50
|
54
|
61
|
58
|
51
|
47
|
43
|
41
|
18
|
25
|
21
|
20
|
45
|
44
|
|
Income to Minority Interest |
5
|
7
|
7
|
(5)
|
(6)
|
6
|
6
|
8
|
9
|
(4)
|
(4)
|
(7)
|
(10)
|
(12)
|
(13)
|
(12)
|
(12)
|
(12)
|
(13)
|
(12)
|
(11)
|
(12)
|
(14)
|
(14)
|
(14)
|
(11)
|
(9)
|
(10)
|
(11)
|
(14)
|
(15)
|
(14)
|
(13)
|
(13)
|
(13)
|
(1)
|
(1)
|
(1)
|
(1)
|
(13)
|
(13)
|
|
Net Income (Common) |
(30)
N/A
|
(41)
-36%
|
(43)
-4%
|
8
N/A
|
11
+44%
|
(103)
N/A
|
(104)
0%
|
(109)
-5%
|
(111)
-2%
|
6
N/A
|
9
+38%
|
19
+117%
|
29
+52%
|
44
+53%
|
50
+14%
|
49
-2%
|
48
-1%
|
47
-3%
|
47
0%
|
44
-7%
|
40
-9%
|
40
0%
|
41
+4%
|
46
+10%
|
43
-5%
|
34
-21%
|
37
+8%
|
40
+9%
|
43
+5%
|
46
+9%
|
43
-7%
|
37
-14%
|
34
-9%
|
31
-9%
|
29
-7%
|
17
-39%
|
24
+39%
|
21
-15%
|
20
-5%
|
32
+65%
|
31
-4%
|
|
EPS (Diluted) |
-0.17
N/A
|
-0.24
-41%
|
-0.25
-4%
|
0.04
N/A
|
0.06
+50%
|
-0.6
N/A
|
-0.61
-2%
|
-0.64
-5%
|
-0.65
-2%
|
0.04
N/A
|
0.05
+25%
|
0.11
+120%
|
0.17
+55%
|
0.25
+47%
|
0.29
+16%
|
0.29
N/A
|
0.28
-3%
|
0.27
-4%
|
0.27
N/A
|
0.25
-7%
|
0.23
-8%
|
0.23
N/A
|
0.24
+4%
|
0.26
+8%
|
0.25
-4%
|
0.2
-20%
|
0.22
+10%
|
0.24
+9%
|
0.25
+4%
|
0.26
+4%
|
0.25
-4%
|
0.21
-16%
|
0.19
-10%
|
0.17
-11%
|
0.16
-6%
|
0.1
-38%
|
0.14
+40%
|
0.12
-14%
|
0.11
-8%
|
0.18
+64%
|
0.17
-6%
|