Highwood Asset Management Ltd
XTSX:HAM
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Income Statement
Earnings Waterfall
Highwood Asset Management Ltd
Income Statement
Highwood Asset Management Ltd
| 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
|
2
|
5
|
7
|
10
|
11
|
11
|
10
|
9
|
9
|
|
| Revenue |
8
N/A
|
9
+21%
|
6
-38%
|
6
+7%
|
7
+8%
|
7
+3%
|
7
+0%
|
14
+105%
|
41
+194%
|
55
+35%
|
88
+59%
|
117
+33%
|
109
-7%
|
115
+5%
|
117
+2%
|
98
-17%
|
|
| Gross Profit | |||||||||||||||||
| Cost of Revenue |
(5)
|
(6)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(5)
|
(10)
|
(16)
|
(23)
|
(25)
|
(26)
|
(27)
|
(26)
|
(27)
|
|
| Gross Profit |
3
N/A
|
4
+41%
|
3
-7%
|
4
+11%
|
4
+16%
|
5
+1%
|
4
-2%
|
9
+99%
|
31
+249%
|
39
+28%
|
66
+66%
|
92
+41%
|
83
-10%
|
88
+5%
|
91
+4%
|
70
-23%
|
|
| Operating Income | |||||||||||||||||
| Operating Expenses |
(5)
|
(6)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(8)
|
(13)
|
(19)
|
(28)
|
(32)
|
(35)
|
(36)
|
(35)
|
(35)
|
|
| Selling, General & Administrative |
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
|
| Research & Development |
(1)
|
0
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(7)
|
(12)
|
(19)
|
(23)
|
(26)
|
(27)
|
(26)
|
(26)
|
|
| Operating Income |
(3)
N/A
|
(2)
+13%
|
(1)
+69%
|
(1)
+10%
|
1
N/A
|
0
-63%
|
0
-73%
|
1
+974%
|
17
+2 752%
|
20
+15%
|
37
+85%
|
60
+62%
|
49
-19%
|
52
+6%
|
56
+9%
|
35
-37%
|
|
| Pre-Tax Income | |||||||||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(5)
|
(7)
|
(10)
|
(11)
|
(11)
|
(10)
|
(9)
|
(9)
|
|
| Non-Reccuring Items |
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
37
|
37
|
37
|
37
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
2
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Pre-Tax Income |
(3)
N/A
|
(2)
+19%
|
2
N/A
|
2
+9%
|
3
+70%
|
2
-17%
|
(0)
N/A
|
(2)
-514%
|
49
N/A
|
49
-1%
|
63
+30%
|
85
+35%
|
37
-57%
|
40
+11%
|
46
+13%
|
25
-45%
|
|
| Net Income | |||||||||||||||||
| Tax Provision |
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(3)
|
(3)
|
(7)
|
(12)
|
(9)
|
(10)
|
(12)
|
(7)
|
|
| Income from Continuing Operations |
(2)
|
(2)
|
1
|
1
|
2
|
2
|
(0)
|
(2)
|
46
|
46
|
57
|
74
|
28
|
31
|
34
|
18
|
|
| Net Income (Common) |
(2)
N/A
|
(2)
+20%
|
1
N/A
|
1
+8%
|
2
+82%
|
2
-22%
|
(0)
N/A
|
(2)
-387%
|
46
N/A
|
46
-1%
|
57
+24%
|
74
+30%
|
28
-62%
|
31
+10%
|
34
+9%
|
18
-47%
|
|
| EPS (Diluted) |
-0.39
N/A
|
-0.31
+21%
|
0.18
N/A
|
0.19
+6%
|
0.37
+95%
|
0.28
-24%
|
-0.05
N/A
|
-0.13
-160%
|
4.67
N/A
|
3.05
-35%
|
3.73
+22%
|
4.9
+31%
|
1.85
-62%
|
2.11
+14%
|
2.25
+7%
|
1.2
-47%
|
|
